NYSE:BBY - Best Buy Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $131.08
Forecasted Upside: 22.58 %
Number of Analysts: 14
Breakdown:
2 Sell Ratings
4 Hold Ratings
8 Buy Ratings
0 Strong Buy Ratings

^$106.93 As of 12/8/2021 01:00 AM ET

▲ +0.25 (0.23%)

1 month | 3 months | 12 months

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Analyst Price Target for BBY

^$131.08

▲ +22.58% Upside Potential

This price target is based on 14 analysts offering 12 month price targets for Best Buy in the last 3 months. The average price target is $131.08, with a high forecast of $175.00 and a low forecast of $97.00. The average price target represents a 22.58% upside from the last price of $106.93.

Current Consensus is Hold

The current consensus among 14 contributing investment analysts is to hold stock in Best Buy. This rating has held steady since September 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
12 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

6/16/2020

0 strong buy ratings
12 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

9/14/2020

0 strong buy ratings
14 buy ratings
9 hold ratings
1 sell ratings

Ratings as of

12/13/2020

0 strong buy ratings
13 buy ratings
9 hold ratings
2 sell ratings

Ratings as of

3/13/2021

0 strong buy ratings
12 buy ratings
6 hold ratings
2 sell ratings

Ratings as of

6/11/2021

0 strong buy ratings
12 buy ratings
6 hold ratings
2 sell ratings

Ratings as of

9/9/2021

0 strong buy ratings
9 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

11/8/2021

0 strong buy ratings
8 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

12/8/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
11/24/2021	Jefferies Financial Group	Lower Price Target	Buy	$145.00 ➝ $137.00	High
11/24/2021	Bank of America	Upgrade	Buy	$157.00 ➝ $175.00	High
11/24/2021	Citigroup	Lower Price Target	Sell	$118.00 ➝ $106.00	High
11/18/2021	Wells Fargo & Company	Boost Price Target	Equal Weight	$125.00 ➝ $135.00	Medium
10/26/2021	Piper Sandler	Upgrade	Buy	$150.00 ➝ $155.00	Low
9/27/2021	Piper Sandler	Boost Price Target	Overweight	$146.00 ➝ $150.00	High
8/25/2021	Wedbush	Upgrade	Buy		Low
8/25/2021	DA Davidson	Upgrade	Buy		Low
8/25/2021	Wells Fargo & Company	Upgrade	Buy		Low
8/25/2021	Jefferies Financial Group	Boost Price Target	Buy	$136.00 ➝ $145.00	Low
8/25/2021	Telsey Advisory Group	Boost Price Target	Outperform	$140.00 ➝ $150.00	Low
8/25/2021	Bank of America	Upgrade	Buy	$145.00 ➝ $157.00	Low
8/25/2021	Citigroup	Upgrade	Buy	$109.00 ➝ $115.00	Low
6/1/2021	Morgan Stanley	Boost Price Target	Equal Weight	$115.00 ➝ $120.00	Medium
5/28/2021	DA Davidson	Upgrade	Buy		Medium
5/28/2021	Raymond James	Boost Price Target	Outperform	$130.00 ➝ $135.00	High
5/28/2021	Barclays	Boost Price Target	Overweight	$121.00 ➝ $135.00	High
5/28/2021	Citigroup	Upgrade	Buy		High
5/28/2021	Piper Sandler	Boost Price Target	Overweight	$140.00 ➝ $144.00	High
5/28/2021	Telsey Advisory Group	Boost Price Target	Outperform	$130.00 ➝ $140.00	Medium
5/24/2021	Morgan Stanley	Boost Price Target	Equal Weight	$110.00 ➝ $115.00	Low
5/3/2021	Wedbush	Reiterated Rating	Outperform ➝ Neutral	$135.00 ➝ $125.00	N/A
4/26/2021	Wedbush	Downgrade	Outperform ➝ Neutral	$135.00 ➝ $125.00	Low
3/9/2021	Citigroup	Initiated Coverage	Sell	$86.00	Low
3/4/2021	Raymond James	Reiterated Rating	Strong-Buy ➝ Outperform	$150.00 ➝ $120.00	Medium
3/4/2021	Raymond James	Lower Price Target	Strong-Buy ➝ Outperform	$150.00 ➝ $120.00	Medium
3/4/2021	Royal Bank of Canada	Lower Price Target	Sector Perform	$130.00 ➝ $114.00	N/A
2/26/2021	DA Davidson	Reiterated Rating	Buy		Low
2/26/2021	Morgan Stanley	Lower Price Target	Equal Weight	$120.00 ➝ $110.00	Medium
2/26/2021	Royal Bank of Canada	Reiterated Rating	Buy	$130.00 ➝ $114.00	High
2/25/2021	UBS Group	Boost Price Target	Neutral	$110.00 ➝ $120.00	High
2/18/2021	UBS Group	Upgrade	Buy		Low
2/16/2021	Bank of America	Reiterated Rating	Buy		Low
2/4/2021	UBS Group	Downgrade	Buy		Low
2/4/2021	Bank of America	Upgrade	Neutral ➝ Buy	$132.00	Medium
12/10/2020	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$107.00 ➝ $97.00	Low
11/25/2020	Bank of America	Lower Price Target	Neutral	$135.00 ➝ $132.00	Medium
11/25/2020	Credit Suisse Group	Boost Price Target	Neutral	$97.00 ➝ $116.00	Low
11/25/2020	DA Davidson	Upgrade	Buy		Low
11/25/2020	Loop Capital	Upgrade	Buy		Low
11/25/2020	Wedbush	Upgrade	Outperform ➝ Buy	$130.00 ➝ $135.00	Low
11/25/2020	Piper Sandler	Upgrade	Buy		Low
11/2/2020	Wedbush	Reiterated Rating	Buy ➝ Outperform	$130.00 ➝ $130.00	High
10/23/2020	Oppenheimer	Downgrade	Outperform ➝ Market Perform	$120.00 ➝ $125.00	Medium
10/5/2020	Exane BNP Paribas	Initiated Coverage	Outperform	$131.00	Low
10/5/2020	BNP Paribas	Initiated Coverage	Outperform	$131.00	Medium
9/29/2020	Cleveland Research	Upgrade	Neutral ➝ Buy		Low
8/26/2020	DA Davidson	Upgrade	Buy		Low
8/26/2020	Morgan Stanley	Boost Price Target	Equal Weight	$85.00 ➝ $120.00	Low
8/26/2020	Loop Capital	Upgrade	Buy		Low
8/26/2020	Telsey Advisory Group	Boost Price Target	Outperform	$120.00 ➝ $135.00	Low
8/26/2020	Guggenheim	Upgrade	Buy		Low
8/26/2020	The Goldman Sachs Group	Upgrade	Buy		Low
8/26/2020	Barclays	Upgrade	Buy		Low
8/25/2020	Raymond James	Reiterated Rating	Strong-Buy ➝ Buy		Low
8/24/2020	Raymond James	Upgrade	Strong-Buy ➝ Strong-Buy	$100.00 ➝ $135.00	Medium
8/17/2020	Wedbush	Upgrade	Neutral ➝ Outperform	$95.00 ➝ $130.00	Low
8/17/2020	Telsey Advisory Group	Boost Price Target	Outperform	$105.00 ➝ $120.00	Low
8/14/2020	DA Davidson	Initiated Coverage	Buy	$118.00	Medium
8/13/2020	Piper Sandler	Boost Price Target	Overweight	$112.00 ➝ $127.00	High
7/22/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$80.00 ➝ $92.00	High
7/22/2020	Wedbush	Upgrade	Buy	$75.00 ➝ $95.00	High
7/22/2020	Telsey Advisory Group	Boost Price Target	Outperform	$95.00 ➝ $105.00	High
7/22/2020	Loop Capital	Upgrade	Buy		High
7/22/2020	Piper Sandler	Upgrade	Buy		High
7/16/2020	Guggenheim	Upgrade	Buy		Low
7/8/2020	Barclays	Boost Price Target	Overweight	$85.00 ➝ $95.00	Medium
5/22/2020	Nomura	Lower Price Target	Buy ➝ Neutral	$85.00 ➝ $84.00	Medium
5/22/2020	Nomura Instinet	Lower Price Target	Neutral	$85.00 ➝ $84.00	Medium
5/22/2020	Loop Capital	Upgrade	Buy		Medium
5/22/2020	Barclays	Boost Price Target	Overweight ➝ Overweight	$75.00 ➝ $85.00	Low
5/22/2020	Morgan Stanley	Upgrade	Buy	$75.00 ➝ $85.00	Low
5/21/2020	Oppenheimer	Initiated Coverage	Buy	$105.00	Medium
5/20/2020	Cfra	Boost Price Target	Buy	$75.00 ➝ $90.00	High
5/18/2020	UBS Group	Boost Price Target	Neutral	$74.00 ➝ $80.00	High
5/18/2020	Telsey Advisory Group	Upgrade	Market Perform ➝ Outperform	$90.00	High
5/14/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$60.00 ➝ $75.00	High
5/11/2020	Nomura	Upgrade	Neutral ➝ Buy	$70.00 ➝ $85.00	Low
5/11/2020	Nomura Instinet	Boost Price Target	Neutral	$70.00 ➝ $85.00	Low
4/17/2020	Cfra	Upgrade	Hold ➝ Buy		Medium
4/16/2020	UBS Group	Lower Price Target	Neutral	$88.00 ➝ $74.00	Low
4/16/2020	Nomura Securities	Boost Price Target	Buy ➝ Neutral	$58.00 ➝ $70.00	Low
4/9/2020	Wells Fargo & Company	Boost Price Target	Buy ➝ Hold	$55.00 ➝ $60.00	Low
3/31/2020	Nomura Securities	Lower Price Target	Neutral	$60.00 ➝ $58.00	High
3/24/2020	Nomura Securities	Reiterated Rating	Buy	$76.00 ➝ $60.00	Low
3/23/2020	Wells Fargo & Company	Lower Price Target	Equal Weight	$85.00 ➝ $55.00	High
3/23/2020	Royal Bank of Canada	Reiterated Rating	Buy		Medium
3/19/2020	Nomura Securities	Lower Price Target	Hold ➝ Neutral	$86.00 ➝ $76.00	Low
3/17/2020	Morgan Stanley	Lower Price Target	Buy ➝ Equal Weight	$90.00 ➝ $75.00	High
3/17/2020	Barclays	Reiterated Rating	Buy	$75.00	High
2/28/2020	Nomura Securities	Boost Price Target	Neutral	$81.00 ➝ $86.00	Medium
2/28/2020	Morgan Stanley	Boost Price Target	Equal Weight	$85.00 ➝ $90.00	Medium
2/24/2020	Telsey Advisory Group	Reiterated Rating	Market Perform		High
2/19/2020	Nomura Securities	Reiterated Rating	Buy ➝ Hold	$81.00	Low
2/7/2020	Oppenheimer	Reiterated Rating	Buy	$86.00 ➝ $105.00	Medium
1/22/2020	Morgan Stanley	Boost Price Target	Equal Weight	$77.00 ➝ $85.00	Low
1/9/2020	Guggenheim	Reiterated Rating	Buy	$90.00 ➝ $100.00	Low
1/6/2020	Jefferies Financial Group	Boost Price Target	Buy	$91.00 ➝ $101.00	Medium
12/19/2019	Loop Capital	Boost Price Target	Buy	$90.00 ➝ $100.00	Medium
11/27/2019	Raymond James	Reiterated Rating	Buy	$100.00	Low
11/27/2019	Nomura Securities	Boost Price Target	Neutral	$73.00 ➝ $81.00	Low
11/27/2019	Morgan Stanley	Boost Price Target	Equal Weight	$70.00 ➝ $77.00	Low
11/27/2019	Royal Bank of Canada	Upgrade	Buy	$74.00 ➝ $86.00	Medium
11/27/2019	Guggenheim	Upgrade	Buy	$80.00 ➝ $90.00	Medium
11/27/2019	Barclays	Upgrade	Buy	$75.00 ➝ $90.00	Medium
11/27/2019	Piper Jaffray Companies	Upgrade	Buy	$86.00 ➝ $97.00	Medium
11/26/2019	Wedbush	Reiterated Rating	Hold	$76.00	Medium
11/8/2019	Nomura Securities	Initiated Coverage	Buy ➝ Neutral	$73.00	Low
10/8/2019	Wolfe Research	Initiated Coverage	Buy	$82.00	Low
10/7/2019	Raymond James	Initiated Coverage	Buy ➝ Strong-Buy	$100.00	Medium
9/26/2019	Telsey Advisory Group	Boost Price Target	Market Perform	$70.00 ➝ $75.00	Low
9/24/2019	Jefferies Financial Group	Set Price Target	Buy	$80.00	High
9/18/2019	Loop Capital	Set Price Target	Buy	$90.00	Low
8/30/2019	Morgan Stanley	Lower Price Target	Equal Weight	$77.00 ➝ $70.00	Low
8/30/2019	Telsey Advisory Group	Lower Price Target	Market Perform	$76.00 ➝ $70.00	Low
8/29/2019	Wedbush	Reiterated Rating	Hold ➝ Buy	$63.00	Low
8/26/2019	Wedbush	Set Price Target	Hold	$71.00	Low
8/26/2019	Bank of America	Set Price Target	Hold	$75.00	Low
7/25/2019	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform		Low
7/11/2019	The Goldman Sachs Group	Initiated Coverage	Buy ➝ Neutral	$73.00	High
7/8/2019	Guggenheim	Initiated Coverage	Buy ➝ Buy	$80.00 ➝ $80.00	Low
6/18/2019	Cleveland Research	Reiterated Rating	Neutral ➝ Neutral		Medium
5/24/2019	Wedbush	Set Price Target	Hold	$71.00	Low
5/17/2019	Wedbush	Reiterated Rating	Neutral ➝ Hold	$71.00	Low
4/24/2019	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$72.00 ➝ $88.00	Low
3/25/2019	Oppenheimer	Downgrade	Buy ➝ Market Perform		Low
3/22/2019	Oppenheimer	Upgrade	Market Perform ➝ Outperform	$86.00	Medium
3/20/2019	Evercore ISI	Initiated Coverage	In-line ➝ In-Line	$75.00	Low
3/6/2019	Wolfe Research	Upgrade	Market Perform ➝ Buy		Low
3/1/2019	Citigroup	Boost Price Target	Neutral ➝ Neutral	$72.00 ➝ $77.00	Medium
2/28/2019	Credit Suisse Group	Upgrade	Neutral ➝ Buy	$70.00 ➝ $78.00	Low
2/28/2019	Wells Fargo & Company	Upgrade	Buy		Low
2/28/2019	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$65.00 ➝ $77.00	Low
2/28/2019	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$67.00 ➝ $74.00	Low
2/27/2019	Bank of America	Upgrade	Underperform ➝ Neutral	$50.00	Low
2/22/2019	Wedbush	Reiterated Rating	Neutral	$65.00	Medium
1/11/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy		Low
12/19/2018	Moffett Nathanson	Upgrade	Sell ➝ Neutral		Medium
12/17/2018	Bank of America	Downgrade	Neutral ➝ Underperform	$70.00 ➝ $50.00	High
11/27/2018	Loop Capital	Reiterated Rating	Buy		Low
11/23/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$80.00 ➝ $75.00	Low
11/21/2018	Jefferies Financial Group	Set Price Target	Hold	$70.00	Low
11/21/2018	Telsey Advisory Group	Reiterated Rating	Hold		Low
11/21/2018	Citigroup	Lower Price Target	Neutral ➝ Neutral	$79.00 ➝ $72.00	Medium
11/21/2018	Raymond James	Lower Price Target	Strong-Buy ➝ Buy	$90.00 ➝ $85.00	Low
11/21/2018	Credit Suisse Group	Set Price Target	Neutral ➝ Hold	$78.00 ➝ $70.00	High
11/21/2018	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$72.00	High
11/21/2018	Piper Jaffray Companies	Lower Price Target	Overweight ➝ Buy	$87.00 ➝ $81.00	High
11/21/2018	Wedbush	Upgrade	Underperform ➝ Neutral	$65.00	High
11/13/2018	Bank of America	Downgrade	Buy ➝ Neutral	$92.00 ➝ $70.00	Medium
10/11/2018	Morgan Stanley	Boost Price Target	Equal Weight	$78.00 ➝ $80.00	Medium
8/29/2018	Credit Suisse Group	Boost Price Target	Neutral ➝ Hold	$74.00 ➝ $78.00	Low
8/29/2018	Barclays	Reiterated Rating	Buy	$90.00	Low
8/29/2018	Raymond James	Boost Price Target	Strong-Buy ➝ Buy	$87.00 ➝ $90.00	Low
8/29/2018	JPMorgan Chase & Co.	Boost Price Target	Neutral ➝ Neutral	$76.00 ➝ $79.00	Low
8/29/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Hold	$75.00 ➝ $76.00	Low
8/29/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$74.00 ➝ $78.00	Low
8/29/2018	Telsey Advisory Group	Boost Price Target	Market Perform ➝ Market Perform	$76.00 ➝ $80.00	Low
8/28/2018	Bank of America	Reiterated Rating	Buy	$92.00	Low
8/28/2018	Wells Fargo & Company	Reiterated Rating	Buy ➝ Hold	$78.00	Low
8/23/2018	Wedbush	Set Price Target	Sell	$65.00	Medium
8/21/2018	Jefferies Financial Group	Initiated Coverage	Hold	$79.00	Low
6/8/2018	Morgan Stanley	Reiterated Rating	Buy		Low
5/27/2018	Wedbush	Set Price Target	Sell	$48.00	Low
5/24/2018	Loop Capital	Set Price Target	Buy	$85.00	High
5/24/2018	Wells Fargo & Company	Set Price Target	Hold	$77.00	Medium
5/21/2018	Wedbush	Reiterated Rating	Sell ➝ Sell	$48.00	Medium
4/23/2018	Wells Fargo & Company	Initiated Coverage	Buy ➝ Market Perform	$77.00	Low
3/14/2018	Loop Capital	Set Price Target	Buy	$83.00	Medium
3/5/2018	Wedbush	Reiterated Rating	Underperform ➝ Underperform	$45.00 ➝ $48.00	Medium
3/5/2018	Credit Suisse Group	Reiterated Rating	Neutral ➝ Hold	$60.00 ➝ $74.00	Medium
3/4/2018	Wedbush	Set Price Target	Sell	$45.00	Medium
3/2/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$78.00 ➝ $87.00	Medium
3/2/2018	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Equal Weight	$66.00 ➝ $74.00	High
3/2/2018	UBS Group	Reiterated Rating	Neutral ➝ Neutral	$70.00 ➝ $77.00	Medium
3/2/2018	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$74.00 ➝ $76.00	High
3/1/2018	Loop Capital	Upgrade	Buy		High
2/27/2018	Jefferies Financial Group	Reiterated Rating	Hold ➝ Buy	$60.00 ➝ $74.00	High
2/26/2018	Piper Jaffray Companies	Boost Price Target	Overweight ➝ Overweight	$68.00 ➝ $83.00	Medium
2/26/2018	Wedbush	Reiterated Rating	Sell ➝ Sell	$38.00	Medium
2/16/2018	Citigroup	Reiterated Rating	Neutral ➝ Neutral	$69.00 ➝ $74.00	Low
1/30/2018	Barclays	Boost Price Target	Overweight ➝ Overweight	$80.00 ➝ $85.00	Low
1/25/2018	Telsey Advisory Group	Downgrade	Outperform ➝ Market Perform	$62.00 ➝ $81.00	Low
1/16/2018	Loop Capital	Set Price Target	Buy	$80.00	Medium
1/8/2018	Wedbush	Set Price Target	Sell	$38.00	Low
12/4/2017	Moffett Nathanson	Initiated Coverage	Sell		Medium
11/29/2017	Wedbush	Set Price Target	Sell ➝ Sell	$32.00	Medium
11/17/2017	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$58.00 ➝ $56.00	N/A
11/16/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy		N/A
11/16/2017	Loop Capital	Set Price Target	Buy	$72.00	N/A
11/16/2017	Oppenheimer	Reiterated Rating	Hold		N/A
11/13/2017	Jefferies Financial Group	Reiterated Rating	Underperform ➝ Hold	$60.00	N/A
11/13/2017	Wedbush	Set Price Target	Buy ➝ Sell	$33.00	N/A
11/10/2017	KeyCorp	Reiterated Rating	Buy ➝ Hold		N/A
10/24/2017	Loop Capital	Set Price Target	Buy	$72.00	N/A
9/21/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$68.00	Low
9/20/2017	UBS Group	Reiterated Rating	Neutral ➝ Buy	$60.00 ➝ $57.00	Medium
9/20/2017	Jefferies Financial Group	Reiterated Rating	Hold ➝ Buy	$60.00	Medium
9/20/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Medium
9/20/2017	Oppenheimer	Reiterated Rating	Hold		Low
9/20/2017	Royal Bank of Canada	Lower Price Target	Sector Perform ➝ Sector Perform	$61.00 ➝ $57.00	Low
9/20/2017	Telsey Advisory Group	Lower Price Target	Outperform ➝ Outperform	$66.00 ➝ $62.00	Low
9/14/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$58.00	Low
9/1/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$71.00	Low
8/31/2017	Wedbush	Reiterated Rating	Underperform ➝ Buy	$29.00 ➝ $33.00	Low
8/31/2017	UBS Group	Reiterated Rating	Neutral ➝ Buy	$62.00 ➝ $60.00	Low
8/31/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$60.00 ➝ $58.00	Low
8/31/2017	SunTrust Banks	Reiterated Rating	Buy		Low
8/31/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Low
8/30/2017	Royal Bank of Canada	Boost Price Target	Sector Perform ➝ Sector Perform	$60.00 ➝ $61.00	High
8/29/2017	Oppenheimer	Reiterated Rating	Hold		High
8/28/2017	Barclays	Reiterated Rating	Overweight ➝ Buy	$65.00	Low
8/23/2017	Piper Jaffray Companies	Reiterated Rating	Overweight ➝ Buy	$70.00	Low
8/22/2017	Jefferies Financial Group	Reiterated Rating	Buy ➝ Hold	$60.00	Medium
8/16/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Low
8/9/2017	Jefferies Financial Group	Reiterated Rating	Buy ➝ Hold	$60.00	Medium
8/3/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$60.00	Low
8/3/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$70.00	Low
7/22/2017	SunTrust Banks	Set Price Target	Buy	$70.00	Low
7/22/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Low
7/11/2017	Sanford C. Bernstein	Set Price Target	Underperform ➝ Sell	$47.00	Low
7/10/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Medium
7/6/2017	Jefferies Financial Group	Reiterated Rating	Hold ➝ Buy	$60.00	Low
6/26/2017	Piper Jaffray Companies	Set Price Target	Buy	$70.00	N/A
6/5/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$60.00	Medium
6/5/2017	Loop Capital	Reiterated Rating	Buy	$64.00 ➝ $72.00	Low
5/30/2017	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$46.00 ➝ $60.00	Low
5/30/2017	Citigroup	Upgrade	Neutral ➝ Buy	$53.00 ➝ $62.00	Low
5/30/2017	Morgan Stanley	Upgrade	Equal Weight ➝ Buy	$43.00 ➝ $60.00	Low
5/30/2017	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$51.00 ➝ $60.00	Low
5/28/2017	Bank of America	Reiterated Rating	Buy	$58.00 ➝ $68.00	Low
5/28/2017	The Goldman Sachs Group	Reiterated Rating	Neutral ➝ Buy	$49.00 ➝ $56.00	Low
5/28/2017	Credit Suisse Group	Reiterated Rating	Neutral ➝ Buy	$47.00 ➝ $60.00	Low
5/28/2017	Loop Capital	Reiterated Rating	Buy	$58.00 ➝ $64.00	Low
5/26/2017	Barclays	Reiterated Rating	Buy	$65.00	Low
5/26/2017	Telsey Advisory Group	Boost Price Target	Outperform ➝ Outperform	$53.00 ➝ $66.00	High
5/25/2017	Oppenheimer	Reiterated Rating	Hold		Medium
5/25/2017	Jefferies Financial Group	Boost Price Target	Hold ➝ Hold - Buy	$43.00 ➝ $51.00	High
5/24/2017	UBS Group	Reiterated Rating	Neutral ➝ Buy	$47.00 ➝ $51.00	N/A
5/22/2017	Wedbush	Reiterated Rating	Underperform	$29.00	Low
5/15/2017	Loop Capital	Upgrade	Sell ➝ Hold	$37.00 ➝ $35.00	Low
4/25/2017	Bank of America	Upgrade	Neutral ➝ Buy	$46.00 ➝ $58.00	Low
4/11/2017	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$46.00	Low
4/8/2017	Sanford C. Bernstein	Reiterated Rating	Sell		Low
4/4/2017	Loop Capital	Reiterated Rating	Market Perform ➝ Buy	$58.00	Low
3/27/2017	Piper Jaffray Companies	Upgrade	Neutral ➝ Overweight	$44.85 ➝ $55.00	High
3/3/2017	Credit Suisse Group	Reiterated Rating	Neutral ➝ Buy	$47.00	N/A
3/2/2017	Royal Bank of Canada	Boost Price Target	Sector Perform	$42.00 ➝ $46.00	N/A
3/2/2017	Jefferies Financial Group	Reiterated Rating	Hold ➝ Buy	$43.00	N/A
2/28/2017	Loop Capital	Reiterated Rating	Buy		N/A
2/25/2017	Wedbush	Set Price Target	Sell	$25.00	N/A
2/24/2017	Wedbush	Reiterated Rating	Buy		N/A
2/23/2017	Jefferies Financial Group	Boost Price Target	Hold ➝ Buy	$42.00 ➝ $43.00	N/A
2/22/2017	Loop Capital	Reiterated Rating	Buy	$58.00	N/A
2/18/2017	Barclays	Set Price Target	Buy	$50.00	N/A
2/6/2017	Sanford C. Bernstein	Initiated Coverage	Buy ➝ Underperform	$34.00	N/A
1/18/2017	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Buy	$43.00 ➝ $46.00	N/A
12/28/2016	KeyCorp	Reiterated Rating	Buy		N/A
12/28/2016	Pacific Crest	Reiterated Rating	Buy		N/A
12/28/2016	UBS Group	Reiterated Rating	Neutral ➝ Buy	$38.00 ➝ $47.00	N/A
12/19/2016	Loop Capital	Reiterated Rating	Buy	$58.00	N/A

(Data available from 12/8/2016 forward)

News Sentiment Rating

0.71 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

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5/12/2021

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6/11/2021

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7/11/2021

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8/10/2021

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9/9/2021

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10/9/2021

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11/8/2021

40 very positive mentions
41 positive mentions
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12/8/2021

Current Sentiment

Recent Stories by Sentiment

Best Buy Co., Inc. engages in the provision of consumer technology products and services. It operates through two business segments: Domestic and International. The Domestic segment comprises of the operations in all states, districts, and territories of the U.S., operating under various brand names, including Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video, Napster, and Pacific Sales. The International segment includes all operations outside the U.S. and its territories, which includes Canada, Europe, China, Mexico, and Turkey. It also markets its products under the brand names: Best Buy, bestbuy.com, Best Buy Direct, Best Buy Express, Best Buy Mobile, Geek Squad, GreatCall, Magnolia and Pacific Kitchen and Home. The company was founded by Richard M. Schulze in 1966 and is headquartered in Richfield, MN.

Today's Range

Now: $106.93

$105.64

$107.25

50 Day Range

MA: $118.11

$102.25

$138.00

52 Week Range

Now: $106.93

$95.93

$141.97

Volume

2,523,622 shs

Average Volume

2,543,270 shs

Market Capitalization

$26.30 billion

P/E Ratio

10.36

Dividend Yield

2.62%

Beta

1.57

Frequently Asked Questions

What sell-side analysts currently cover shares of Best Buy?: The following Wall Street sell-side analysts have issued reports on Best Buy in the last year: Bank of America Co., Barclays PLC, Citigroup Inc., DA Davidson, Jefferies Financial Group Inc., Morgan Stanley, Piper Sandler, Raymond James, Royal Bank of Canada, Telsey Advisory Group, The Goldman Sachs Group, Inc., UBS Group AG, Wedbush, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for BBY.
What is the current price target for Best Buy?: 13 Wall Street analysts have set twelve-month price targets for Best Buy in the last year. Their average twelve-month price target is $131.08, suggesting a possible upside of 22.9%. Bank of America Co. has the highest price target set, predicting BBY will reach $175.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $97.00 for Best Buy in the next year.
View the latest price targets for BBY.
What is the current consensus analyst rating for Best Buy?: Best Buy currently has 2 sell ratings, 4 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BBY, but not buy more shares or sell existing shares.
View the latest ratings for BBY.
What other companies compete with Best Buy?: Other companies that are similar to Best Buy include GOME Retail, Conn's, Yosen Group, DBUB Group and hhgregg.
How do I contact Best Buy's investor relations team?: Best Buy's physical mailing address is 7601 PENN AVE SOUTH, RICHFIELD MN, 55423. The technology retailer's listed phone number is (612) 291-1000 and its investor relations email address is [email protected] The official website for Best Buy is www.bestbuy.com.

NYSE:BBY - Best Buy Stock Price Target and Predictions

Analyst Price Target for BBY

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.71 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Best Buy?

What is the current price target for Best Buy?

What is the current consensus analyst rating for Best Buy?

What other companies compete with Best Buy?

How do I contact Best Buy's investor relations team?