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 $77.6. The average 1-year stock price forecast is 0.45% lower than the current stock price, while the lowest is $60 (-23.03%) and the highest is $90 (+15.46%).

Price Target: $77.6 (-0.45%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$60	$77.6	$78.5	$90
Change	-23.03%	-0.45%	+0.71%	+15.46%

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

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	8	8	8	8	7	6
Buy	2	2	0	0	0	0
Hold	16	16	17	17	16	17
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	1	1
Total	27	27	26	26	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matt McCartney Wedbush No rating	Wedbush	Hold Maintains $75	Hold	Maintains	$75	-3.78%	May 29, 2026
Christopher Horvers J.P. Morgan	J.P. Morgan	Hold Reiterates $76 → $84	Hold	Reiterates	$76 → $84	+7.76%	May 29, 2026
Scot Ciccarelli Truist Financial	Truist Financial	Hold Maintains $66 → $81	Hold	Maintains	$66 → $81	+3.91%	May 29, 2026
Unknown Analyst Guggenheim No rating	Guggenheim	Buy Reiterates $90	Buy	Reiterates	$90	+15.46%	May 29, 2026
Simeon Gutman Morgan Stanley	Morgan Stanley	Hold Reiterates $72 → $80	Hold	Reiterates	$72 → $80	+2.63%	May 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

42.21B

from 41.69B

1.25%

from 41.69B

Revenue Next Year

42.76B

from 42.21B

1.31%

from 42.21B

EPS This Year

6.55

from 5.04

29.88%

from 5.04

EPS Next Year

7.04

from 6.55

7.52%

from 6.55

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Jan 31, 2026	Jan 31, 2027	Jan 31, 2028
Revenue	51.76B	46.30B	43.45B	41.53B	41.69B	42.21B	42.76B
Revenue Growth	9.52%	-10.55%	-6.15%	-4.43%	0.39%	1.25%	1.31%
EPS	9.84	6.29	5.68	4.28	5.04	6.55	7.04
EPS Growth	43.86%	-36.08%	-9.70%	-24.65%	17.76%	29.88%	7.52%
Forward PE	-	-	-	-	-	11.91	11.08
No. Analysts	-	-	-	-	-	27	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2027	2028
High	44.7B	44.9B
Avg	42.2B	42.8B
Low	40.5B	40.6B

Revenue Growth

Revenue Growth	2027	2028
High	7.1%	6.4%
Avg	1.2%	1.3%
Low	-2.9%	-3.7%

EPS Forecast

EPS	2027	2028
High	6.93	7.82
Avg	6.55	7.04
Low	6.15	6.40

EPS Growth

EPS Growth	2027	2028
High	37.5%	19.5%
Avg	29.9%	7.5%
Low	22.1%	-2.2%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.