Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
88.12
-1.79 (-1.99%)
Sep 29, 2026, 12:10 PM EDT - Market open

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 1.61% lower than the current stock price, while the lowest is $71 (-19.43%) and the highest is $100 (+13.48%).

Price Target: $86.7 (-1.61%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$71$86.7$85$100
Change-19.43%-1.61%-3.54%+13.48%

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 Buy766554
Buy000000
Hold161717181819
Sell111011
Strong Sell111111
Total252525242525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Evercore ISI
Evercore ISI
Hold
Maintains
$85 → $90
HoldMaintains$85 → $90+2.13%Sep 29, 2026
Truist Financial
Truist Financial
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 29, 2026
Telsey Advisory
Telsey Advisory
Buy
Maintains
$95
BuyMaintains$95+7.81%Sep 22, 2026
Argus Research
Argus Research
Hold
Reiterates
n/a
HoldReiteratesn/an/aSep 10, 2026
D.A. Davidson
D.A. Davidson
Hold
Downgrades
$95
HoldDowngrades$95+7.81%Sep 8, 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 5.58%
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
11.63B9.91B9.60B9.39B9.37B9.75B
Gross Margin
22.48%21.41%22.10%22.60%22.48%22.84%
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
11.0113.2712.3213.309.8112.90
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
----1.26B1.41B
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%