NYSE:BBY - Best Buy Stock Price Target and Predictions

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

Consensus Rating: Hold
Consensus Price Target: $110.38
Forecasted Upside: -9.78 %
Number of Analysts: 24
Breakdown:
3 Sell Ratings
9 Hold Ratings
12 Buy Ratings
0 Strong Buy Ratings

^$122.34 As of 05/7/2021 01:00 AM ET

▲ +2.3 (1.92%)

1 month | 3 months | 12 months

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Analyst Price Target for BBY

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$110.38

▼ -9.78% Downside Potential

This price target is based on 24 analysts offering 12 month price targets for Best Buy in the last 3 months. The average price target is $110.38, with a high forecast of $135.00 and a low forecast of $84.00. The average price target represents a -9.78% upside from the last price of $122.34.

Hold

The current consensus among 24 contributing investment analysts is to hold stock in Best Buy. This rating has held steady since December 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

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

Ratings as of

11/16/2019

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

Ratings as of

2/14/2020

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

Ratings as of

5/14/2020

0 strong buy ratings
11 buy ratings
9 hold ratings
0 sell ratings

Ratings as of

8/12/2020

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

Ratings as of

11/10/2020

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

Ratings as of

2/8/2021

0 strong buy ratings
12 buy ratings
10 hold ratings
3 sell ratings

Ratings as of

4/9/2021

0 strong buy ratings
12 buy ratings
9 hold ratings
3 sell ratings

Ratings as of

5/9/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/3/2021	Wedbush	Reiterated Rating	Outperform ➝ Neutral	$135.00 ➝ $125.00	N/A	i Rating by S. Basham at Wedbush
4/26/2021	Wedbush	Downgrade	Outperform ➝ Neutral	$135.00 ➝ $125.00	Low	i Rating by S. Basham at Wedbush
3/15/2021	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Initiated Coverage	Sell	$86.00	Low	i
3/15/2021	Citigroup	Initiated Coverage	Sell	$86.00	N/A	i
3/9/2021	Citigroup	Initiated Coverage	Sell	$86.00	Low	i
3/4/2021	Raymond James	Reiterated Rating	Strong-Buy ➝ Outperform	$150.00 ➝ $120.00	Medium	i
3/4/2021	Raymond James	Lower Price Target	Strong-Buy ➝ Outperform	$150.00 ➝ $120.00	Medium	i
3/4/2021	Morgan Stanley	Lower Price Target	Equal Weight	$120.00 ➝ $110.00	N/A	i
3/4/2021	Royal Bank of Canada	Lower Price Target	Sector Perform	$130.00 ➝ $114.00	N/A	i
2/26/2021	DA Davidson	Reiterated Rating	Buy		Low	i
2/26/2021	Morgan Stanley	Lower Price Target	Equal Weight	$120.00 ➝ $110.00	Medium	i
2/26/2021	Royal Bank of Canada	Reiterated Rating	Buy	$130.00 ➝ $114.00	High	i
2/25/2021	UBS Group	Boost Price Target	Neutral	$110.00 ➝ $120.00	High	i
2/18/2021	UBS Group	Upgrade	Buy		Low	i
2/16/2021	Bank of America	Reiterated Rating	Buy		Low	i
2/4/2021	UBS Group	Downgrade	Buy		Low	i
2/4/2021	Bank of America	Upgrade	Neutral ➝ Buy	$132.00	Medium	i
12/10/2020	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$107.00 ➝ $97.00	Low	i
11/25/2020	Bank of America	Lower Price Target	Neutral	$135.00 ➝ $132.00	Medium	i
11/25/2020	Credit Suisse Group	Boost Price Target	Neutral	$97.00 ➝ $116.00	Low	i
11/25/2020	DA Davidson	Upgrade	Buy		Low	i Rating by M. Baker at DA Davidson
11/25/2020	Loop Capital	Upgrade	Buy		Low	i
11/25/2020	Wedbush	Upgrade	Outperform ➝ Buy	$130.00 ➝ $135.00	Low	i Rating by S. Basham at Wedbush
11/25/2020	Piper Sandler	Upgrade	Buy		Low	i
11/2/2020	Wedbush	Reiterated Rating	Buy ➝ Outperform	$130.00 ➝ $130.00	High	i Rating by S. Basham at Wedbush
10/23/2020	Oppenheimer	Downgrade	Outperform ➝ Market Perform	$120.00 ➝ $125.00	Medium	i Rating by Brian Nagel at Oppenheimer Holdings Inc.
10/5/2020	Exane BNP Paribas	Initiated Coverage	Outperform	$131.00	Low	i
10/5/2020	BNP Paribas	Initiated Coverage	Outperform	$131.00	Medium	i
9/29/2020	Cleveland Research	Upgrade	Neutral ➝ Buy		Low	i
8/26/2020	DA Davidson	Upgrade	Buy		Low	i Rating by M. Baker at DA Davidson
8/26/2020	Morgan Stanley	Boost Price Target	Equal Weight	$85.00 ➝ $120.00	Low	i
8/26/2020	Loop Capital	Upgrade	Buy		Low	i
8/26/2020	Telsey Advisory Group	Boost Price Target	Outperform	$120.00 ➝ $135.00	Low	i Rating by J. Feldman at Telsey Advisory Group
8/26/2020	Guggenheim	Upgrade	Buy		Low	i
8/26/2020	The Goldman Sachs Group	Upgrade	Buy		Low	i
8/26/2020	Barclays	Upgrade	Buy		Low	i
8/25/2020	Raymond James	Reiterated Rating	Strong-Buy ➝ Buy		Low	i
8/24/2020	Raymond James	Upgrade	Strong-Buy ➝ Strong-Buy	$100.00 ➝ $135.00	Medium	i
8/17/2020	Wedbush	Upgrade	Neutral ➝ Outperform	$95.00 ➝ $130.00	Low	i Rating by S. Basham at Wedbush
8/17/2020	Telsey Advisory Group	Boost Price Target	Outperform	$105.00 ➝ $120.00	Low	i Rating by J. Feldman at Telsey Advisory Group
8/14/2020	DA Davidson	Initiated Coverage	Buy	$118.00	Medium	i Rating by M. Baker at DA Davidson
8/13/2020	Piper Sandler	Boost Price Target	Overweight	$112.00 ➝ $127.00	High	i
7/22/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$80.00 ➝ $92.00	High	i
7/22/2020	Wedbush	Upgrade	Buy	$75.00 ➝ $95.00	High	i
7/22/2020	Telsey Advisory Group	Boost Price Target	Outperform	$95.00 ➝ $105.00	High	i Rating by J. Feldman at Telsey Advisory Group
7/22/2020	Loop Capital	Upgrade	Buy		High	i
7/22/2020	Piper Sandler	Upgrade	Buy		High	i
7/16/2020	Guggenheim	Upgrade	Buy		Low	i
7/8/2020	Barclays	Boost Price Target	Overweight	$85.00 ➝ $95.00	Medium	i
5/22/2020	Nomura	Lower Price Target	Buy ➝ Neutral	$85.00 ➝ $84.00	Medium	i
5/22/2020	Nomura Instinet	Lower Price Target	Neutral	$85.00 ➝ $84.00	Medium	i
5/22/2020	Loop Capital	Upgrade	Buy		Medium	i Rating by Anthony Chukumba at Loop Capital
5/22/2020	Barclays	Boost Price Target	Overweight ➝ Overweight	$75.00 ➝ $85.00	Low	i Rating by Karen Short at Barclays PLC
5/22/2020	Morgan Stanley	Upgrade	Buy	$75.00 ➝ $85.00	Low	i
5/21/2020	Oppenheimer	Initiated Coverage	Buy	$105.00	Medium	i Rating by Brian Nagel at Oppenheimer Holdings Inc.
5/20/2020	Cfra	Boost Price Target	Buy	$75.00 ➝ $90.00	High	i
5/18/2020	UBS Group	Boost Price Target	Neutral	$74.00 ➝ $80.00	High	i
5/18/2020	Telsey Advisory Group	Upgrade	Market Perform ➝ Outperform	$90.00	High	i Rating by J. Feldman at Telsey Advisory Group
5/14/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$60.00 ➝ $75.00	High	i
5/11/2020	Nomura	Upgrade	Neutral ➝ Buy	$70.00 ➝ $85.00	Low	i
5/11/2020	Nomura Instinet	Boost Price Target	Neutral	$70.00 ➝ $85.00	Low	i
4/17/2020	Cfra	Upgrade	Hold ➝ Buy		Medium	i
4/16/2020	UBS Group	Lower Price Target	Neutral	$88.00 ➝ $74.00	Low	i
4/16/2020	Nomura Securities	Boost Price Target	Buy ➝ Neutral	$58.00 ➝ $70.00	Low	i Rating by Michael Baker at Nomura Securities
4/9/2020	Wells Fargo & Company	Boost Price Target	Buy ➝ Hold	$55.00 ➝ $60.00	Low	i
3/31/2020	Nomura Securities	Lower Price Target	Neutral	$60.00 ➝ $58.00	High	i Rating by Michael Baker at Nomura Securities
3/24/2020	Nomura Securities	Reiterated Rating	Buy	$76.00 ➝ $60.00	Low	i
3/23/2020	Wells Fargo & Company	Lower Price Target	Equal Weight	$85.00 ➝ $55.00	High	i
3/23/2020	Royal Bank of Canada	Reiterated Rating	Buy		Medium	i
3/19/2020	Nomura Securities	Lower Price Target	Hold ➝ Neutral	$86.00 ➝ $76.00	Low	i
3/17/2020	Morgan Stanley	Lower Price Target	Buy ➝ Equal Weight	$90.00 ➝ $75.00	High	i
3/17/2020	Barclays	Reiterated Rating	Buy	$75.00	High	i Rating by Karen Short at Barclays PLC
2/28/2020	Nomura Securities	Boost Price Target	Neutral	$81.00 ➝ $86.00	Medium	i
2/28/2020	Morgan Stanley	Boost Price Target	Equal Weight	$85.00 ➝ $90.00	Medium	i Rating by Simeon Gutman at Morgan Stanley
2/24/2020	Telsey Advisory Group	Reiterated Rating	Market Perform		High	i Rating by J. Feldman at Telsey Advisory Group
2/19/2020	Nomura Securities	Reiterated Rating	Buy ➝ Hold	$81.00	Low	i
2/7/2020	Oppenheimer	Reiterated Rating	Buy	$86.00 ➝ $105.00	Medium	i Rating by Brian Nagel at Oppenheimer Holdings Inc.
1/22/2020	Morgan Stanley	Boost Price Target	Equal Weight	$77.00 ➝ $85.00	Low	i Rating by Simeon Gutman at Morgan Stanley
1/9/2020	Guggenheim	Reiterated Rating	Buy	$90.00 ➝ $100.00	Low	i
1/6/2020	Jefferies Financial Group	Boost Price Target	Buy	$91.00 ➝ $101.00	Medium	i Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
12/19/2019	Loop Capital	Boost Price Target	Buy	$90.00 ➝ $100.00	Medium	i Rating by Anthony Chukumba at Loop Capital
11/27/2019	Raymond James	Reiterated Rating	Buy	$100.00	Low	i Rating by Matthew McClintock at Raymond James
11/27/2019	Nomura Securities	Boost Price Target	Neutral	$73.00 ➝ $81.00	Low	i
11/27/2019	Morgan Stanley	Boost Price Target	Equal Weight	$70.00 ➝ $77.00	Low	i Rating by Simeon Gutman at Morgan Stanley
11/27/2019	Royal Bank of Canada	Upgrade	Buy	$74.00 ➝ $86.00	Medium	i
11/27/2019	Guggenheim	Upgrade	Buy	$80.00 ➝ $90.00	Medium	i
11/27/2019	Barclays	Upgrade	Buy	$75.00 ➝ $90.00	Medium	i
11/27/2019	Piper Jaffray Companies	Upgrade	Buy	$86.00 ➝ $97.00	Medium	i
11/26/2019	Wedbush	Reiterated Rating	Hold	$76.00	Medium	i Rating by Michael Pachter at Wedbush
11/8/2019	Nomura Securities	Initiated Coverage	Buy ➝ Neutral	$73.00	Low	i
10/8/2019	Wolfe Research	Initiated Coverage	Buy	$82.00	Low	i Rating by Chris Bottiglieri at Wolfe Research
10/7/2019	Raymond James	Initiated Coverage	Buy ➝ Strong-Buy	$100.00	Medium	i
9/26/2019	Telsey Advisory Group	Boost Price Target	Market Perform	$70.00 ➝ $75.00	Low	i
9/24/2019	Jefferies Financial Group	Set Price Target	Buy	$80.00	High	i Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
9/18/2019	Loop Capital	Set Price Target	Buy	$90.00	Low	i Rating by Anthony Chukumba at Loop Capital
8/30/2019	Morgan Stanley	Lower Price Target	Equal Weight	$77.00 ➝ $70.00	Low	i
8/30/2019	Telsey Advisory Group	Lower Price Target	Market Perform	$76.00 ➝ $70.00	Low	i Rating by J. Feldman at Telsey Advisory Group
8/29/2019	Wedbush	Reiterated Rating	Hold ➝ Buy	$63.00	Low	i Rating by Michael Pachter at Wedbush
8/26/2019	Wedbush	Set Price Target	Hold	$71.00	Low	i Rating by Michael Pachter at Wedbush
8/26/2019	Bank of America	Set Price Target	Hold	$75.00	Low	i Rating by Curtis Nagle at Bank of America Co.
7/25/2019	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform		Low	i Rating by J. Feldman at Telsey Advisory Group
7/11/2019	The Goldman Sachs Group	Initiated Coverage	Buy ➝ Neutral	$73.00	High	i
7/8/2019	Guggenheim	Initiated Coverage	Buy ➝ Buy	$80.00 ➝ $80.00	Low	i
6/18/2019	Cleveland Research	Reiterated Rating	Neutral ➝ Neutral		Medium	i
5/24/2019	Wedbush	Set Price Target	Hold	$71.00	Low	i Rating by Michael Pachter at Wedbush
5/17/2019	Wedbush	Reiterated Rating	Neutral ➝ Hold	$71.00	Low	i Rating by M. Pachter at Wedbush
4/24/2019	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$72.00 ➝ $88.00	Low	i Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
3/25/2019	Oppenheimer	Downgrade	Buy ➝ Market Perform		Low	i
3/22/2019	Oppenheimer	Upgrade	Market Perform ➝ Outperform	$86.00	Medium	i
3/20/2019	Evercore ISI	Initiated Coverage	In-line ➝ In-Line	$75.00	Low	i
3/6/2019	Wolfe Research	Upgrade	Market Perform ➝ Buy		Low	i
3/1/2019	Citigroup	Boost Price Target	Neutral ➝ Neutral	$72.00 ➝ $77.00	Medium	i
2/28/2019	Credit Suisse Group	Upgrade	Neutral ➝ Buy	$70.00 ➝ $78.00	Low	i Rating by Seth Sigman at Credit Suisse Group AG
2/28/2019	Wells Fargo & Company	Upgrade	Buy		Low	i
2/28/2019	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$65.00 ➝ $77.00	Low	i
2/28/2019	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$67.00 ➝ $74.00	Low	i Rating by Joe Feldman at Telsey Advisory Group
2/27/2019	Bank of America	Upgrade	Underperform ➝ Neutral	$50.00	Low	i Rating by Curtis Nagle at Bank of America Co.
2/22/2019	Wedbush	Reiterated Rating	Neutral	$65.00	Medium	i Rating by M. Pachter at Wedbush
1/11/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy		Low	i Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
12/19/2018	Moffett Nathanson	Upgrade	Sell ➝ Neutral		Medium	i
12/17/2018	Bank of America	Downgrade	Neutral ➝ Underperform	$70.00 ➝ $50.00	High	i Rating by Curtis Nagle at Bank of America Co.
11/27/2018	Loop Capital	Reiterated Rating	Buy		Low	i Rating by Anthony Chukumba at Loop Capital
11/23/2018	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$80.00 ➝ $75.00	Low	i
11/21/2018	Jefferies Financial Group	Set Price Target	Hold	$70.00	Low	i Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
11/21/2018	Telsey Advisory Group	Reiterated Rating	Hold		Low	i Rating by Joe Feldman at Telsey Advisory Group
11/21/2018	Citigroup	Lower Price Target	Neutral ➝ Neutral	$79.00 ➝ $72.00	Medium	i
11/21/2018	Raymond James	Lower Price Target	Strong-Buy ➝ Buy	$90.00 ➝ $85.00	Low	i Rating by Dan Wewer at Raymond James
11/21/2018	Credit Suisse Group	Set Price Target	Neutral ➝ Hold	$78.00 ➝ $70.00	High	i Rating by Seth Sigman at Credit Suisse Group AG
11/21/2018	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$72.00	High	i Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
11/21/2018	Piper Jaffray Companies	Lower Price Target	Overweight ➝ Buy	$87.00 ➝ $81.00	High	i
11/21/2018	Wedbush	Upgrade	Underperform ➝ Neutral	$65.00	High	i Rating by Michael Pachter at Wedbush
11/13/2018	Bank of America	Downgrade	Buy ➝ Neutral	$92.00 ➝ $70.00	Medium	i Rating by Curtis Nagle at Bank of America Co.
10/11/2018	Morgan Stanley	Boost Price Target	Equal Weight	$78.00 ➝ $80.00	Medium	i
8/29/2018	Credit Suisse Group	Boost Price Target	Neutral ➝ Hold	$74.00 ➝ $78.00	Low	i Rating by Seth Sigman at Credit Suisse Group AG
8/29/2018	Barclays	Reiterated Rating	Buy	$90.00	Low	i
8/29/2018	Raymond James	Boost Price Target	Strong-Buy ➝ Buy	$87.00 ➝ $90.00	Low	i
8/29/2018	JPMorgan Chase & Co.	Boost Price Target	Neutral ➝ Neutral	$76.00 ➝ $79.00	Low	i
8/29/2018	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Hold	$75.00 ➝ $76.00	Low	i
8/29/2018	Morgan Stanley	Boost Price Target	Equal Weight ➝ Equal Weight	$74.00 ➝ $78.00	Low	i
8/29/2018	Telsey Advisory Group	Boost Price Target	Market Perform ➝ Market Perform	$76.00 ➝ $80.00	Low	i Rating by Joe Feldman at Telsey Advisory Group
8/28/2018	Bank of America	Reiterated Rating	Buy	$92.00	Low	i Rating by Curtis Nagle at Bank of America Co.
8/28/2018	Wells Fargo & Company	Reiterated Rating	Buy ➝ Hold	$78.00	Low	i Rating by Zachary Fadem at Wells Fargo & Company
8/23/2018	Wedbush	Set Price Target	Sell	$65.00	Medium	i Rating by Michael Pachter at Wedbush
8/21/2018	Jefferies Financial Group	Initiated Coverage	Hold	$79.00	Low	i Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
6/8/2018	Morgan Stanley	Reiterated Rating	Buy		Low	i
5/27/2018	Wedbush	Set Price Target	Sell	$48.00	Low	i Rating by Michael Pachter at Wedbush
5/24/2018	Loop Capital	Set Price Target	Buy	$85.00	High	i Rating by Anthony Chukumba at Loop Capital
5/24/2018	Wells Fargo & Company	Set Price Target	Hold	$77.00	Medium	i Rating by Zachary Fadem at Wells Fargo & Company
5/21/2018	Wedbush	Reiterated Rating	Sell ➝ Sell	$48.00	Medium	i Rating by Michael Pachter at Wedbush
4/23/2018	Wells Fargo & Company	Initiated Coverage	Buy ➝ Market Perform	$77.00	Low	i
3/14/2018	Loop Capital	Set Price Target	Buy	$83.00	Medium	i Rating by Anthony Chukumba at Loop Capital
3/5/2018	Wedbush	Reiterated Rating	Underperform ➝ Underperform	$45.00 ➝ $48.00	Medium	i Rating by Michael Pachter at Wedbush
3/5/2018	Credit Suisse Group	Reiterated Rating	Neutral ➝ Hold	$60.00 ➝ $74.00	Medium	i
3/4/2018	Wedbush	Set Price Target	Sell	$45.00	Medium	i Rating by Michael Pachter at Wedbush
3/2/2018	Bank of America	Boost Price Target	Buy ➝ Buy	$78.00 ➝ $87.00	Medium	i
3/2/2018	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Equal Weight	$66.00 ➝ $74.00	High	i
3/2/2018	UBS Group	Reiterated Rating	Neutral ➝ Neutral	$70.00 ➝ $77.00	Medium	i
3/2/2018	Telsey Advisory Group	Reiterated Rating	Market Perform ➝ Market Perform	$74.00 ➝ $76.00	High	i Rating by Joe Feldman at Telsey Advisory Group
3/1/2018	Loop Capital	Upgrade	Buy		High	i Rating by Anthony Chukumba at Loop Capital
2/27/2018	Jefferies Financial Group	Reiterated Rating	Hold ➝ Buy	$60.00 ➝ $74.00	High	i
2/26/2018	Piper Jaffray Companies	Boost Price Target	Overweight ➝ Overweight	$68.00 ➝ $83.00	Medium	i
2/26/2018	Wedbush	Reiterated Rating	Sell ➝ Sell	$38.00	Medium	i Rating by Michael Pachter at Wedbush
2/16/2018	Citigroup	Reiterated Rating	Neutral ➝ Neutral	$69.00 ➝ $74.00	Low	i
1/30/2018	Barclays	Boost Price Target	Overweight ➝ Overweight	$80.00 ➝ $85.00	Low	i Rating by Matthew McClintock at Barclays PLC
1/25/2018	Telsey Advisory Group	Downgrade	Outperform ➝ Market Perform	$62.00 ➝ $81.00	Low	i Rating by J. Feldman at Telsey Advisory Group
1/16/2018	Loop Capital	Set Price Target	Buy	$80.00	Medium	i Rating by Anthony Chukumba at Loop Capital
1/8/2018	Wedbush	Set Price Target	Sell	$38.00	Low	i Rating by Michael Pachter at Wedbush
12/4/2017	Moffett Nathanson	Initiated Coverage	Sell		Medium	i
11/29/2017	Wedbush	Set Price Target	Sell ➝ Sell	$32.00	Medium	i Rating by Michael Pachter at Wedbush
11/17/2017	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$58.00 ➝ $56.00	N/A	i
11/16/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy		N/A	i
11/16/2017	Loop Capital	Set Price Target	Buy	$72.00	N/A	i Rating by Anthony Chukumba at Loop Capital
11/16/2017	Oppenheimer	Reiterated Rating	Hold		N/A	i Rating by Brian Nagel at Oppenheimer Holdings Inc.
11/13/2017	Jefferies Financial Group	Reiterated Rating	Underperform ➝ Hold	$60.00	N/A	i
11/13/2017	Wedbush	Set Price Target	Buy ➝ Sell	$33.00	N/A	i Rating by Michael Pachter at Wedbush
11/10/2017	KeyCorp	Reiterated Rating	Buy ➝ Hold		N/A	i
10/24/2017	Loop Capital	Set Price Target	Buy	$72.00	N/A	i Rating by Anthony Chukumba at Loop Capital
9/21/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$68.00	Low	i Rating by Peter Keith at Piper Jaffray Companies
9/20/2017	UBS Group	Reiterated Rating	Neutral ➝ Buy	$60.00 ➝ $57.00	Medium	i
9/20/2017	Jefferies Financial Group	Reiterated Rating	Hold ➝ Buy	$60.00	Medium	i
9/20/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Medium	i
9/20/2017	Oppenheimer	Reiterated Rating	Hold		Low	i Rating by Brian Nagel at Oppenheimer Holdings Inc.
9/20/2017	Royal Bank of Canada	Lower Price Target	Sector Perform ➝ Sector Perform	$61.00 ➝ $57.00	Low	i
9/20/2017	Telsey Advisory Group	Lower Price Target	Outperform ➝ Outperform	$66.00 ➝ $62.00	Low	i
9/14/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$58.00	Low	i
9/1/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$71.00	Low	i Rating by Peter Keith at Piper Jaffray Companies
8/31/2017	Wedbush	Reiterated Rating	Underperform ➝ Buy	$29.00 ➝ $33.00	Low	i
8/31/2017	UBS Group	Reiterated Rating	Neutral ➝ Buy	$62.00 ➝ $60.00	Low	i
8/31/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$60.00 ➝ $58.00	Low	i
8/31/2017	SunTrust Banks	Reiterated Rating	Buy		Low	i Rating by David Magee at SunTrust Banks, Inc.
8/31/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Low	i
8/30/2017	Royal Bank of Canada	Boost Price Target	Sector Perform ➝ Sector Perform	$60.00 ➝ $61.00	High	i
8/29/2017	Oppenheimer	Reiterated Rating	Hold		High	i Rating by Brian Nagel at Oppenheimer Holdings Inc.
8/28/2017	Barclays	Reiterated Rating	Overweight ➝ Buy	$65.00	Low	i Rating by Matthew McClintock at Barclays PLC
8/23/2017	Piper Jaffray Companies	Reiterated Rating	Overweight ➝ Buy	$70.00	Low	i Rating by Peter Keith at Piper Jaffray Companies
8/22/2017	Jefferies Financial Group	Reiterated Rating	Buy ➝ Hold	$60.00	Medium	i
8/16/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Low	i
8/9/2017	Jefferies Financial Group	Reiterated Rating	Buy ➝ Hold	$60.00	Medium	i
8/3/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$60.00	Low	i
8/3/2017	Piper Jaffray Companies	Reiterated Rating	Buy	$70.00	Low	i Rating by Peter Keith at Piper Jaffray Companies
7/22/2017	SunTrust Banks	Set Price Target	Buy	$70.00	Low	i Rating by David Magee at SunTrust Banks, Inc.
7/22/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Low	i
7/11/2017	Sanford C. Bernstein	Set Price Target	Underperform ➝ Sell	$47.00	Low	i Rating by Brandon Fletcher at Sanford C. Bernstein
7/10/2017	Loop Capital	Reiterated Rating	Buy	$72.00	Medium	i
7/6/2017	Jefferies Financial Group	Reiterated Rating	Hold ➝ Buy	$60.00	Low	i
6/26/2017	Piper Jaffray Companies	Set Price Target	Buy	$70.00	N/A	i Rating by Peter Keith at Piper Jaffray Companies
6/5/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$60.00	Medium	i
6/5/2017	Loop Capital	Reiterated Rating	Buy	$64.00 ➝ $72.00	Low	i
5/30/2017	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$46.00 ➝ $60.00	Low	i
5/30/2017	Citigroup	Upgrade	Neutral ➝ Buy	$53.00 ➝ $62.00	Low	i
5/30/2017	Morgan Stanley	Upgrade	Equal Weight ➝ Buy	$43.00 ➝ $60.00	Low	i
5/30/2017	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$51.00 ➝ $60.00	Low	i
5/28/2017	Bank of America	Reiterated Rating	Buy	$58.00 ➝ $68.00	Low	i Rating by Denise Chai at Bank of America Co.
5/28/2017	The Goldman Sachs Group	Reiterated Rating	Neutral ➝ Buy	$49.00 ➝ $56.00	Low	i
5/28/2017	Credit Suisse Group	Reiterated Rating	Neutral ➝ Buy	$47.00 ➝ $60.00	Low	i Rating by Seth Sigman at Credit Suisse Group AG
5/28/2017	Loop Capital	Reiterated Rating	Buy	$58.00 ➝ $64.00	Low	i
5/26/2017	Barclays	Reiterated Rating	Buy	$65.00	Low	i Rating by Matthew McClintock at Barclays PLC
5/26/2017	Telsey Advisory Group	Boost Price Target	Outperform ➝ Outperform	$53.00 ➝ $66.00	High	i
5/25/2017	Oppenheimer	Reiterated Rating	Hold		Medium	i Rating by Brian Nagel at Oppenheimer Holdings Inc.
5/25/2017	Jefferies Financial Group	Boost Price Target	Hold ➝ Hold - Buy	$43.00 ➝ $51.00	High	i
5/24/2017	UBS Group	Reiterated Rating	Neutral ➝ Buy	$47.00 ➝ $51.00	N/A	i
5/22/2017	Wedbush	Reiterated Rating	Underperform	$29.00	Low	i Rating by Michael Pachter at Wedbush
5/15/2017	Loop Capital	Upgrade	Sell ➝ Hold	$37.00 ➝ $35.00	Low	i
4/25/2017	Bank of America	Upgrade	Neutral ➝ Buy	$46.00 ➝ $58.00	Low	i
4/11/2017	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$46.00	Low	i
4/8/2017	Sanford C. Bernstein	Reiterated Rating	Sell		Low	i Rating by Brandon Fletcher at Sanford C. Bernstein
4/4/2017	Loop Capital	Reiterated Rating	Market Perform ➝ Buy	$58.00	Low	i
3/27/2017	Piper Jaffray Companies	Upgrade	Neutral ➝ Overweight	$44.85 ➝ $55.00	High	i
3/3/2017	Credit Suisse Group	Reiterated Rating	Neutral ➝ Buy	$47.00	N/A	i
3/2/2017	Royal Bank of Canada	Boost Price Target	Sector Perform	$42.00 ➝ $46.00	N/A	i
3/2/2017	Jefferies Financial Group	Reiterated Rating	Hold ➝ Buy	$43.00	N/A	i
2/28/2017	Loop Capital	Reiterated Rating	Buy		N/A	i
2/25/2017	Wedbush	Set Price Target	Sell	$25.00	N/A	i Rating by Michael Pachter at Wedbush
2/24/2017	Wedbush	Reiterated Rating	Buy		N/A	i
2/23/2017	Jefferies Financial Group	Boost Price Target	Hold ➝ Buy	$42.00 ➝ $43.00	N/A	i
2/22/2017	Loop Capital	Reiterated Rating	Buy	$58.00	N/A	i
2/18/2017	Barclays	Set Price Target	Buy	$50.00	N/A	i Rating by Matthew McClintock at Barclays PLC
2/6/2017	Sanford C. Bernstein	Initiated Coverage	Buy ➝ Underperform	$34.00	N/A	i
1/18/2017	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Buy	$43.00 ➝ $46.00	N/A	i
12/28/2016	KeyCorp	Reiterated Rating	Buy		N/A	i
12/28/2016	Pacific Crest	Reiterated Rating	Buy		N/A	i
12/28/2016	UBS Group	Reiterated Rating	Neutral ➝ Buy	$38.00 ➝ $47.00	N/A	i
12/19/2016	Loop Capital	Reiterated Rating	Buy	$58.00	N/A	i
12/7/2016	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Buy	$35.00 ➝ $43.00	N/A	i Rating by Simeon Gutman at Morgan Stanley
12/6/2016	Bank of America	Upgrade	Underperform ➝ Neutral		N/A	i Rating by Denise Chai at Bank of America Co.
12/6/2016	Loop Capital	Initiated Coverage	Buy	$58.00	N/A	i
12/6/2016	BTIG Research	Reiterated Rating	Neutral ➝ Buy		N/A	i
11/30/2016	Wedbush	Reiterated Rating	Neutral ➝ Buy	$42.00	N/A	i
11/22/2016	Jefferies Financial Group	Reiterated Rating	Buy		N/A	i
11/19/2016	Morgan Stanley	Set Price Target	Hold	$43.00	N/A	i Rating by Simeon Gutman at Morgan Stanley
11/18/2016	Morgan Stanley	Reiterated Rating	Buy		N/A	i
11/18/2016	Royal Bank of Canada	Boost Price Target	Sector Perform	$42.00 ➝ $47.00	N/A	i
11/18/2016	Wedbush	Boost Price Target	Underperform ➝ Underperform	$20.50 ➝ $24.50	N/A	i Rating by Michael Pachter at Wedbush
11/18/2016	Telsey Advisory Group	Boost Price Target	Outperform	$42.00 ➝ $48.00	N/A	i
11/17/2016	Bank of America	Upgrade	Underperform ➝ Neutral		N/A	i Rating by Denise Chai at Bank of America Co.
11/13/2016	UBS Group	Boost Price Target	Neutral ➝ Buy	$47.00	N/A	i Rating by Michael Lasser at UBS Group AG
11/10/2016	Barclays	Reiterated Rating	Buy	$45.00	N/A	i Rating by Matthew McClintock at Barclays PLC
11/8/2016	Evercore ISI	Downgrade	Hold ➝ Sell		N/A	i
10/12/2016	SunTrust Banks	Reiterated Rating	Buy		N/A	i Rating by David Magee at SunTrust Banks, Inc.
9/14/2016	Barclays	Reiterated Rating	Overweight ➝ Buy	$45.00	N/A	i Rating by Matthew McClintock at Barclays PLC
9/12/2016	Jefferies Financial Group	Reiterated Rating	Buy ➝ Hold		N/A	i Rating by Daniel Binder at Jefferies Financial Group Inc.
8/25/2016	Wedbush	Reiterated Rating	Buy ➝ Sell	$20.50	N/A	i Rating by Michael Pachter at Wedbush
8/25/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform ➝ Buy	$36.00 ➝ $42.00	N/A	i
8/24/2016	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold ➝ Hold	$32.00 ➝ $41.00	N/A	i Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
8/24/2016	Morgan Stanley	Boost Price Target	Equal Weight ➝ Buy	$28.00 ➝ $35.00	N/A	i
8/24/2016	SunTrust Banks	Boost Price Target	Buy	$39.00 ➝ $45.00	N/A	i
8/24/2016	Bank of America	Reiterated Rating	Buy ➝ Sell	$29.00	N/A	i Rating by Denise Chai at Bank of America Co.
8/24/2016	Raymond James	Boost Price Target	Buy	$38.00 ➝ $45.00	N/A	i Rating by Dan Wewer at Raymond James
8/24/2016	Citigroup	Boost Price Target	Neutral ➝ Neutral	$32.00 ➝ $40.00	N/A	i Rating by Kate McShane at Citigroup Inc.
8/24/2016	UBS Group	Boost Price Target	Neutral ➝ Neutral	$33.00 ➝ $38.00	N/A	i Rating by Michael Lasser at UBS Group AG
8/24/2016	Royal Bank of Canada	Boost Price Target	Sector Perform	$36.00 ➝ $42.00	N/A	i Rating by Scot Ciccarelli at Royal Bank of Canada
8/24/2016	Telsey Advisory Group	Boost Price Target	Outperform ➝ Outperform	$36.00 ➝ $42.00	N/A	i
8/23/2016	Barclays	Reiterated Rating	Overweight ➝ Buy	$45.00	N/A	i Rating by Matthew McClintock at Barclays PLC
8/17/2016	Wedbush	Reiterated Rating	Underperform ➝ Buy	$20.50	N/A	i Rating by Michael Pachter at Wedbush
8/17/2016	LADENBURG THALM/SH SH	Initiated Coverage	Buy ➝ Outperform		N/A	i
8/15/2016	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$39.00 ➝ $36.00	N/A	i Rating by Daniel Binder at Jefferies Financial Group Inc.
8/2/2016	BTIG Research	Reiterated Rating	Neutral ➝ Buy		N/A	i
7/6/2016	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Buy	$28.00	N/A	i
6/28/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold ➝ Buy	$32.00	N/A	i Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
6/23/2016	Barclays	Reiterated Rating	Overweight ➝ Buy	$45.00	N/A	i Rating by Matthew McClintock at Barclays PLC
6/23/2016	Bank of America	Reiterated Rating	Sell ➝ Buy		N/A	i Rating by Denise Chai at Bank of America Co.
6/23/2016	Credit Suisse Group	Reiterated Rating	Buy ➝ Hold	$31.00	N/A	i Rating by Seth Sigman at Credit Suisse Group AG
6/23/2016	Piper Jaffray Companies	Reiterated Rating	Neutral ➝ Buy	$31.00	N/A	i Rating by Peter Keith at Piper Jaffray Companies
6/22/2016	Oppenheimer	Reiterated Rating	Hold		N/A	i Rating by Brian Nagel at Oppenheimer Holdings Inc.
6/16/2016	Longbow Research	Initiated Coverage	Buy ➝ Neutral		N/A	i
6/15/2016	Credit Suisse Group	Downgrade	Buy ➝ Neutral	$36.50 ➝ $31.00	N/A	i Rating by Seth Sigman at Credit Suisse Group AG
6/2/2016	BTIG Research	Initiated Coverage	Buy ➝ Neutral		N/A	i
5/26/2016	Raymond James	Reiterated Rating	Buy		N/A	i Rating by Dan Wewer at Raymond James
5/25/2016	Credit Suisse Group	Reiterated Rating	Buy	$36.50	N/A	i
5/25/2016	Wedbush	Reiterated Rating	Underperform ➝ Buy	$20.50	N/A	i Rating by Michael Pachter at Wedbush
5/25/2016	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$38.00 ➝ $32.00	N/A	i Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
5/25/2016	Telsey Advisory Group	Lower Price Target	Outperform ➝ Outperform	$38.00 ➝ $36.00	N/A	i
5/24/2016	Bank of America	Reiterated Rating	Sell		N/A	i Rating by Denise Chai at Bank of America Co.
5/24/2016	UBS Group	Reiterated Rating	Neutral ➝ Hold	$33.00	N/A	i Rating by Michael Lasser at UBS Group AG
5/24/2016	Citigroup	Downgrade	Buy ➝ Neutral		N/A	i
5/19/2016	Raymond James	Reiterated Rating	Strong-Buy ➝ Buy		N/A	i
5/17/2016	Jefferies Financial Group	Reiterated Rating	Buy	$39.00	N/A	i

(Data available from 5/9/2016 forward)

Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phones, such as computing covering desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions, networking products, tablets covering e-readers, and wearables, such as smartwatches; and consumer electronics consisting of digital imaging, health and fitness, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as beverages, snacks, and sundry items, as well as baby products, furniture, luggage, and sporting goods. In addition, it provides consultation, delivery, design, installation, memberships, protection plans, repair, set-up, and technical support services, as well as connected health services for aging consumers. The company offers its products through stores and websites under the BestBuy, Best Buy Business, Best Buy Express, Best Buy Health, CST, Geek Squad, GreatCall, Lively, Magnolia, Pacific Kitchen, and Home, as well as the domain names bestbuy.com and greatcall.com. As of January 30, 2021, it had 1,126 large-format and 33 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Today's Range

Now: $122.34

$119.56

$122.59

50 Day Range

MA: $118.22

$113.38

$122.48

52 Week Range

Now: $122.34

$73.59

$124.89

Volume

1,764,030 shs

Average Volume

2,605,126 shs

Market Capitalization

$30.59 billion

P/E Ratio

18.59

Dividend Yield

2.33%

Beta

1.52

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, BNP Paribas, Cfra, Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Cleveland Research, Credit Suisse Group AG, DA Davidson, Exane BNP Paribas, Guggenheim, Loop Capital, Morgan Stanley, Nomura, Nomura Instinet, Oppenheimer Holdings Inc., 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?

21 Wall Street analysts have set twelve-month price targets for Best Buy in the last year. Their average twelve-month price target is $110.38, suggesting a possible downside of 9.8%. Telsey Advisory Group has the highest price target set, predicting BBY will reach $135.00 in the next twelve months. Nomura Instinet has the lowest price target set, forecasting a price of $84.00 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 3 sell ratings, 9 hold ratings and 12 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.