Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
89.21
+1.94 (2.22%)
Aug 19, 2026, 4:00 PM EDT - Market closed

Best Buy Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Best Buy stock has a consensus rating of "Hold" and an average price target of $82.35. The average 1-year stock price forecast is 7.69% lower than the current stock price, while the lowest is $62 (-30.50%) and the highest is $95 (+6.49%).

Price Target: $82.35 (-7.69%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$62$82.35$83$95
Change-30.50%-7.69%-6.96%+6.49%

Analyst Ratings

The average analyst rating for Best Buy stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy876655
Buy000000
Hold171617171818
Sell111101
Strong Sell011111
Total262525252425

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Reiterates
$86
HoldReiterates$86-3.60%Aug 18, 2026
Citi
Citi
Hold
Maintains
$79$88
HoldMaintains$79$88-1.36%Aug 13, 2026
Wells Fargo
Wells Fargo
Hold
Reiterates
$65$85
HoldReiterates$65$85-4.72%Aug 11, 2026
Truist Financial
Truist Financial
Buy
Upgrades
$81$95
BuyUpgrades$81$95+6.49%Aug 11, 2026
Jefferies
Jefferies
Hold
Downgrades
$89$85
HoldDowngrades$89$85-4.72%Aug 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
42.02B
from 41.69B
Increased by 0.78%
Revenue Next Year
42.60B
from 42.02B
Increased by 1.39%
EPS This Year
6.57
from 6.43
Increased by 2.24%
EPS Next Year
7.07
from 6.57
Increased by 7.48%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 29, 2022Jan 28, 2023Feb 3, 2024Feb 1, 2025Jan 31, 2026Jan 31, 2027
Revenue
51.76B46.30B43.45B41.53B41.69B42.02B
Revenue Growth
9.52%-10.55%-6.15%-4.43%0.39%0.78%
Gross Profit
11.63B9.91B9.60B9.39B9.37B9.55B
Gross Margin
22.48%21.41%22.10%22.60%22.48%22.73%
Operating Income
3.01B1.94B1.73B1.74B1.77B1.83B
Net Income
2.45B1.42B1.24B927.00M1.07B1.37B
EPS
----6.436.57
EPS Growth
----0.94%2.24%
Forward PE
11.0113.2712.3213.309.8113.57
Dividend / Share
2.983.523.683.763.803.89
Dividend Growth
26.81%18.12%4.55%2.17%1.06%2.44%
Free Cash Flow
1.83B482.88M574.13M1.46B842.50M1.50B
No. Analysts
-----22
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High42.6B
Avg42.0B
Low41.6B

Revenue Growth

Revenue Growth202720282029
High
2.1%
Avg
0.8%
Low
-0.2%

EPS Forecast

EPS202720282029
High6.80
Avg6.57
Low6.42

EPS Growth

EPS Growth202720282029
High
5.7%
Avg
2.2%
Low
-0.2%