Best Buy - BBY Stock Price Target and Predictions

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

Consensus Rating: Buy
Consensus Price Target: $81.44
Forecasted Upside: -0.27 %
Number of Analysts: 16
Breakdown:
0 Sell Ratings
7 Hold Ratings
9 Buy Ratings
0 Strong Buy Ratings

^$81.66 As of 11/28/2022 03:10 PM ET

▲ +0.43 (0.53%)

1 month | 3 months | 12 months

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Analyst Price Target for BBY

^$81.44

▼ -0.27% Downside Potential

This price target is based on 16 analysts offering 12 month price targets for Best Buy in the last 3 months. The average price target is $81.44, with a high forecast of $105.00 and a low forecast of $59.00. The average price target represents a -0.27% upside from the last price of $81.66.

Current Consensus is Buy

The current consensus among 16 polled investment analysts is to buy stock in Best Buy. This rating has held steady since January 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
11 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

6/6/2021

0 strong buy ratings
10 buy ratings
9 hold ratings
0 sell ratings

Ratings as of

9/4/2021

0 strong buy ratings
7 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

12/3/2021

0 strong buy ratings
7 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

3/3/2022

0 strong buy ratings
9 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

6/1/2022

0 strong buy ratings
9 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

8/30/2022

0 strong buy ratings
9 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

10/29/2022

0 strong buy ratings
9 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

11/28/2022

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
11/24/2022	UBS Group	Boost Target		$80.00	Low
11/24/2022	Piper Sandler	Boost Target		$91.00	Low
11/23/2022	Telsey Advisory Group	Boost Target	Outperform	$82.00 ➝ $88.00	Low
11/23/2022	Bank of America	Boost Target	Buy	$75.00 ➝ $80.00	Low
11/23/2022	Truist Financial	Boost Target	Buy	$69.00 ➝ $80.00	Low
11/23/2022	Wedbush	Boost Target	Buy	$80.00 ➝ $85.00	Low
11/23/2022	Citigroup	Boost Target	Buy	$61.00 ➝ $72.00	Low
11/22/2022	The Goldman Sachs Group	Boost Target	Buy	$56.00 ➝ $59.00	Low
11/18/2022	JPMorgan Chase & Co.	Lower Target	Neutral	$85.00 ➝ $78.00	Low
8/31/2022	Truist Financial	Boost Target	Hold	$67.00 ➝ $69.00	Low
8/31/2022	DA Davidson	Lower Target	Buy	$110.00 ➝ $99.00	Low
8/31/2022	Wedbush	Boost Target	Buy	$75.00 ➝ $80.00	Low
8/31/2022	Citigroup	Boost Target	Sell	$59.00 ➝ $61.00	Low
8/31/2022	Morgan Stanley	Lower Target	Equal Weight	$82.00 ➝ $80.00	Low
8/8/2022	Piper Sandler	Lower Target	Overweight	$91.00 ➝ $84.00	Low
8/1/2022	Guggenheim	Lower Target	Buy	$100.00 ➝ $85.00	Low
7/28/2022	Telsey Advisory Group	Lower Target	Outperform	$88.00 ➝ $82.00	Low
7/28/2022	UBS Group	Lower Target	Neutral	$80.00 ➝ $76.00	Low
7/28/2022	Wells Fargo & Company	Lower Target	Equal Weight	$82.00 ➝ $70.00	Low
7/28/2022	Truist Financial	Lower Target	Buy	$83.00 ➝ $67.00	Low
7/28/2022	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$106.00 ➝ $71.00	Low
7/20/2022	Morgan Stanley	Lower Target	Equal Weight	$100.00 ➝ $90.00	Low
6/23/2022	Citigroup	Reiterated Rating	Buy		Low
6/14/2022	Bank of America	Downgrade	Buy ➝ Neutral		High
6/7/2022	The Goldman Sachs Group	Reiterated Rating	Sell ➝ Sell	$96.00 ➝ $82.00	High
5/26/2022	The Goldman Sachs Group	Lower Target	Sell ➝ Sell	$96.00 ➝ $82.00	Low
5/25/2022	Wells Fargo & Company	Lower Target		$82.00	Low
5/25/2022	UBS Group	Lower Target		$80.00	Low
5/25/2022	Piper Sandler	Lower Target		$91.00	Low
5/25/2022	DA Davidson	Boost Target	Buy	$107.00 ➝ $110.00	High
5/25/2022	Citigroup	Lower Target	Sell	$80.00 ➝ $65.00	High
5/25/2022	Morgan Stanley	Lower Target	Equal Weight	$110.00 ➝ $100.00	High
5/25/2022	Guggenheim	Lower Target	Buy	$130.00 ➝ $100.00	High
5/25/2022	Wedbush	Lower Target	Buy	$80.00 ➝ $75.00	High
5/25/2022	Barclays	Downgrade	Overweight ➝ Equal Weight	$80.00	High
5/20/2022	Telsey Advisory Group	Lower Target	Outperform	$130.00 ➝ $90.00	Medium
5/19/2022	Truist Financial	Lower Target	Hold	$83.00	High
5/16/2022	Wedbush	Lower Target	Neutral	$110.00 ➝ $80.00	Medium
5/13/2022	Citigroup	Lower Target	Buy	$100.00 ➝ $80.00	High
3/4/2022	Truist Financial	Boost Target	Hold	$108.00 ➝ $117.00	High
3/4/2022	Jefferies Financial Group	Boost Target	Buy	$137.00 ➝ $140.00	Low
3/4/2022	Guggenheim	Lower Target	Buy	$140.00 ➝ $130.00	Medium
3/4/2022	Raymond James	Downgrade	Outperform ➝ Market Perform		Medium
2/28/2022	Bank of America	Lower Target	Buy	$175.00 ➝ $147.00	Medium
2/28/2022	Raymond James	Lower Target	Buy	$135.00 ➝ $105.00	High
2/28/2022	JPMorgan Chase & Co.	Lower Target	Buy	$134.00 ➝ $107.00	High
2/28/2022	Wells Fargo & Company	Lower Target	Buy	$110.00 ➝ $90.00	Medium
2/28/2022	Citigroup	Lower Target	Buy	$90.00 ➝ $87.00	Medium
2/28/2022	Telsey Advisory Group	Lower Target	Buy ➝ Outperform	$150.00 ➝ $125.00	Low
1/18/2022	Morgan Stanley	Lower Target	Equal Weight	$120.00 ➝ $110.00	High
1/18/2022	Citigroup	Lower Target	Buy	$106.00 ➝ $90.00	Medium
1/13/2022	Truist Financial	Initiated Coverage	Hold	$108.00	Low
1/5/2022	Wells Fargo & Company	Reiterated Rating	Buy		High
11/24/2021	Jefferies Financial Group	Lower 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 Target	Sell	$118.00 ➝ $106.00	High
11/18/2021	Wells Fargo & Company	Boost 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 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 Target	Buy	$136.00 ➝ $145.00	Low
8/25/2021	Telsey Advisory Group	Boost 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 Target	Equal Weight	$115.00 ➝ $120.00	Medium
5/28/2021	DA Davidson	Upgrade	Buy		Medium
5/28/2021	Raymond James	Boost Target	Outperform	$130.00 ➝ $135.00	High
5/28/2021	Barclays	Boost Target	Overweight	$121.00 ➝ $135.00	High
5/28/2021	Citigroup	Upgrade	Buy		High
5/28/2021	Piper Sandler	Boost Target	Overweight	$140.00 ➝ $144.00	High
5/28/2021	Telsey Advisory Group	Boost Target	Outperform	$130.00 ➝ $140.00	Medium
5/24/2021	Morgan Stanley	Boost 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 Target	Strong-Buy ➝ Outperform	$150.00 ➝ $120.00	Medium
3/4/2021	Royal Bank of Canada	Lower Target	Sector Perform	$130.00 ➝ $114.00	N/A
2/26/2021	DA Davidson	Reiterated Rating	Buy		Low
2/26/2021	Morgan Stanley	Lower 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 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 Target	Neutral	$135.00 ➝ $132.00	Medium
11/25/2020	Credit Suisse Group	Boost 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
8/26/2020	DA Davidson	Upgrade	Buy		Low
8/26/2020	Morgan Stanley	Boost Target	Equal Weight	$85.00 ➝ $120.00	Low
8/26/2020	Loop Capital	Upgrade	Buy		Low
8/26/2020	Telsey Advisory Group	Boost 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 Target	Outperform	$105.00 ➝ $120.00	Low
8/14/2020	DA Davidson	Initiated Coverage	Buy	$118.00	Medium
8/13/2020	Piper Sandler	Boost Target	Overweight	$112.00 ➝ $127.00	High
7/22/2020	Wells Fargo & Company	Boost 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 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 Target	Overweight	$85.00 ➝ $95.00	Medium
5/22/2020	Nomura	Lower Target	Buy ➝ Neutral	$85.00 ➝ $84.00	Medium
5/22/2020	Nomura Instinet	Lower Target	Neutral	$85.00 ➝ $84.00	Medium
5/22/2020	Loop Capital	Upgrade	Buy		Medium
5/22/2020	Barclays	Boost 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 Target	Buy	$75.00 ➝ $90.00	High
5/18/2020	UBS Group	Boost 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 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 Target	Neutral	$70.00 ➝ $85.00	Low
4/17/2020	Cfra	Upgrade	Hold ➝ Buy		Medium
4/16/2020	UBS Group	Lower Target	Neutral	$88.00 ➝ $74.00	Low
4/16/2020	Nomura Securities	Boost Target	Buy ➝ Neutral	$58.00 ➝ $70.00	Low
4/9/2020	Wells Fargo & Company	Boost Target	Buy ➝ Hold	$55.00 ➝ $60.00	Low
3/31/2020	Nomura Securities	Lower 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 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 Target	Hold ➝ Neutral	$86.00 ➝ $76.00	Low
3/17/2020	Morgan Stanley	Lower 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 Target	Neutral	$81.00 ➝ $86.00	Medium
2/28/2020	Morgan Stanley	Boost 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 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 Target	Buy	$91.00 ➝ $101.00	Medium
12/19/2019	Loop Capital	Boost Target	Buy	$90.00 ➝ $100.00	Medium
11/27/2019	Raymond James	Reiterated Rating	Buy	$100.00	Low
11/27/2019	Nomura Securities	Boost Target	Neutral	$73.00 ➝ $81.00	Low
11/27/2019	Morgan Stanley	Boost 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 Target	Market Perform	$70.00 ➝ $75.00	Low
9/24/2019	Jefferies Financial Group	Set Target	Buy	$80.00	High
9/18/2019	Loop Capital	Set Target	Buy	$90.00	Low
8/30/2019	Morgan Stanley	Lower Target	Equal Weight	$77.00 ➝ $70.00	Low
8/30/2019	Telsey Advisory Group	Lower Target	Market Perform	$76.00 ➝ $70.00	Low
8/29/2019	Wedbush	Reiterated Rating	Hold ➝ Buy	$63.00	Low
8/26/2019	Wedbush	Set Target	Hold	$71.00	Low
8/26/2019	Bank of America	Set 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
5/24/2019	Wedbush	Set 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 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 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 Target	Equal Weight ➝ Equal Weight	$80.00 ➝ $75.00	Low
11/21/2018	Jefferies Financial Group	Set Target	Hold	$70.00	Low
11/21/2018	Telsey Advisory Group	Reiterated Rating	Hold		Low
11/21/2018	Citigroup	Lower Target	Neutral ➝ Neutral	$79.00 ➝ $72.00	Medium
11/21/2018	Raymond James	Lower Target	Strong-Buy ➝ Buy	$90.00 ➝ $85.00	Low
11/21/2018	Credit Suisse Group	Set Target	Neutral ➝ Hold	$78.00 ➝ $70.00	High
11/21/2018	Deutsche Bank Aktiengesellschaft	Set Target	Hold	$72.00	High
11/21/2018	Piper Jaffray Companies	Lower 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 Target	Equal Weight	$78.00 ➝ $80.00	Medium
8/29/2018	Credit Suisse Group	Boost Target	Neutral ➝ Hold	$74.00 ➝ $78.00	Low
8/29/2018	Barclays	Reiterated Rating	Buy	$90.00	Low
8/29/2018	Raymond James	Boost Target	Strong-Buy ➝ Buy	$87.00 ➝ $90.00	Low
8/29/2018	JPMorgan Chase & Co.	Boost Target	Neutral ➝ Neutral	$76.00 ➝ $79.00	Low
8/29/2018	Deutsche Bank Aktiengesellschaft	Boost Target	Hold ➝ Hold	$75.00 ➝ $76.00	Low
8/29/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$74.00 ➝ $78.00	Low
8/29/2018	Telsey Advisory Group	Boost 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 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 Target	Sell	$48.00	Low
5/24/2018	Loop Capital	Set Target	Buy	$85.00	High
5/24/2018	Wells Fargo & Company	Set 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 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 Target	Sell	$45.00	Medium
3/2/2018	Bank of America	Boost 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 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 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 Target	Buy	$80.00	Medium
1/8/2018	Wedbush	Set Target	Sell	$38.00	Low
12/4/2017	Moffett Nathanson	Initiated Coverage	Sell		Medium
11/29/2017	Wedbush	Set Target	Sell ➝ Sell	$32.00	Medium

(Data available from 11/28/2017 forward)

News Sentiment Rating

0.85 (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

11 very positive mentions
1 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

5/2/2022

32 very positive mentions
16 positive mentions
9 negative mentions
4 very negative mentions

Mentions as of

6/1/2022

14 very positive mentions
24 positive mentions
1 negative mentions
2 very negative mentions

Mentions as of

7/1/2022

16 very positive mentions
14 positive mentions
8 negative mentions
4 very negative mentions

Mentions as of

7/31/2022

22 very positive mentions
9 positive mentions
5 negative mentions
2 very negative mentions

Mentions as of

8/30/2022

36 very positive mentions
36 positive mentions
5 negative mentions
2 very negative mentions

Mentions as of

9/29/2022

17 very positive mentions
3 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

10/29/2022

43 very positive mentions
36 positive mentions
2 negative mentions
1 very negative mentions

Mentions as of

11/28/2022

Current Sentiment

Recent Stories by Sentiment

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 products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; 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, 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 baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Today's Range

Now: $81.66

$80.89

$82.54

50 Day Range

MA: $68.55

$62.85

$82.39

52 Week Range

Now: $81.66

$60.78

$116.00

Volume

98,693 shs

Average Volume

3,154,125 shs

Market Capitalization

$18.38 billion

P/E Ratio

12.22

Dividend Yield

4.33%

Beta

1.46

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, Guggenheim, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Raymond James, StockNews.com, Telsey Advisory Group, The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., UBS Group AG, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for BBY.
What is the current price target for Best Buy?: 16 Wall Street analysts have set twelve-month price targets for Best Buy in the last year. Their average twelve-month price target is $81.44, suggesting a possible upside of 0.3%. Raymond James has the highest price target set, predicting BBY will reach $105.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $59.00 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 7 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BBY will outperform the market and that investors should add to their positions of Best Buy.
View the latest ratings for BBY.
What other companies compete with Best Buy?: Other companies that are similar to Best Buy include Darden Restaurants, Restaurant Brands International, Expedia Group, Yum China and Ulta Beauty. Learn More about companies similar to Best Buy.
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. Learn More about contacing Best Buy investor relations.

Best Buy - BBY Stock Price Target and Predictions

Analyst Price Target for BBY

Current Consensus is Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.85 (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?