Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
89.33
-0.94 (-1.04%)
Sep 8, 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 $86.7. The average 1-year stock price forecast is 2.94% lower than the current stock price, while the lowest is $71 (-20.52%) and the highest is $100 (+11.94%).

Price Target: $86.7 (-2.94%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$71$86.7$85$100
Change-20.52%-2.94%-4.85%+11.94%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy766555
Buy000000
Hold161717181818
Sell111011
Strong Sell111111
Total252525242525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
D.A. Davidson
D.A. Davidson
Hold
Downgrades
$95
HoldDowngrades$95+6.35%Sep 8, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$87$95
HoldMaintains$87$95+6.35%Sep 2, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$80$90
HoldMaintains$80$90+0.75%Aug 28, 2026
Guggenheim
Guggenheim
Buy
Maintains
$90$95
BuyMaintains$90$95+6.35%Aug 28, 2026
UBS
UBS
Hold
Reiterates
$86$90
HoldReiterates$86$90+0.75%Aug 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
42.68B
from 41.69B
Increased by 2.37%
Revenue Next Year
43.32B
from 42.68B
Increased by 1.51%
EPS This Year
6.83
from 6.43
Increased by 6.25%
EPS Next Year
7.21
from 6.83
Increased by 5.55%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 29, 2022Jan 28, 2023Feb 3, 2024Feb 1, 2025Jan 31, 2026Jan 31, 2027
Revenue
51.76B46.30B43.45B41.53B41.69B42.68B
Revenue Growth
9.52%-10.55%-6.15%-4.43%0.39%2.37%
Gross Profit
11.63B9.91B9.60B9.39B9.37B9.74B
Gross Margin
22.48%21.41%22.10%22.60%22.48%22.83%
Operating Income
3.01B1.94B1.73B1.74B1.77B1.90B
Net Income
2.45B1.42B1.24B927.00M1.07B1.43B
EPS
----6.436.83
EPS Growth
----0.94%6.25%
Forward PE
11.0113.2712.3213.309.8113.08
Dividend / Share
2.983.523.683.763.803.87
Dividend Growth
26.81%18.12%4.55%2.17%1.06%1.74%
Free Cash Flow
1.83B482.88M574.13M1.46B842.50M1.41B
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High42.9B
Avg42.7B
Low42.4B

Revenue Growth

Revenue Growth202720282029
High
2.9%
Avg
2.4%
Low
1.8%

EPS Forecast

EPS202720282029
High7.32
Avg6.83
Low6.73

EPS Growth

EPS Growth202720282029
High
13.8%
Avg
6.3%
Low
4.7%