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NYSE:BBY - Best Buy Stock Price Target and Predictions

  • 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
▲ +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
11/16/2019
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 2 sell ratings
2/14/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 9 hold ratings
  • 1 sell ratings
5/14/2020
  • 0 strong buy ratings
  • 11 buy ratings
  • 9 hold ratings
  • 0 sell ratings
8/12/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 9 hold ratings
  • 1 sell ratings
11/10/2020
  • 0 strong buy ratings
  • 12 buy ratings
  • 10 hold ratings
  • 1 sell ratings
2/8/2021
  • 0 strong buy ratings
  • 12 buy ratings
  • 10 hold ratings
  • 3 sell ratings
4/9/2021
  • 0 strong buy ratings
  • 12 buy ratings
  • 9 hold ratings
  • 3 sell ratings
5/9/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/3/2021WedbushReiterated RatingOutperform ➝ Neutral$135.00 ➝ $125.00N/A
i
Rating by S. Basham at Wedbush
4/26/2021WedbushDowngradeOutperform ➝ Neutral$135.00 ➝ $125.00Low
i
Rating by S. Basham at Wedbush
3/15/2021Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellInitiated CoverageSell$86.00Low
i
3/15/2021CitigroupInitiated CoverageSell$86.00N/A
i
3/9/2021CitigroupInitiated CoverageSell$86.00Low
i
3/4/2021Raymond JamesReiterated RatingStrong-Buy ➝ Outperform$150.00 ➝ $120.00Medium
i
3/4/2021Raymond JamesLower Price TargetStrong-Buy ➝ Outperform$150.00 ➝ $120.00Medium
i
3/4/2021Morgan StanleyLower Price TargetEqual Weight$120.00 ➝ $110.00N/A
i
3/4/2021Royal Bank of CanadaLower Price TargetSector Perform$130.00 ➝ $114.00N/A
i
2/26/2021DA DavidsonReiterated RatingBuyLow
i
2/26/2021Morgan StanleyLower Price TargetEqual Weight$120.00 ➝ $110.00Medium
i
2/26/2021Royal Bank of CanadaReiterated RatingBuy$130.00 ➝ $114.00High
i
2/25/2021UBS GroupBoost Price TargetNeutral$110.00 ➝ $120.00High
i
2/18/2021UBS GroupUpgradeBuyLow
i
2/16/2021Bank of AmericaReiterated RatingBuyLow
i
2/4/2021UBS GroupDowngradeBuyLow
i
2/4/2021Bank of AmericaUpgradeNeutral ➝ Buy$132.00Medium
i
12/10/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$107.00 ➝ $97.00Low
i
11/25/2020Bank of AmericaLower Price TargetNeutral$135.00 ➝ $132.00Medium
i
11/25/2020Credit Suisse GroupBoost Price TargetNeutral$97.00 ➝ $116.00Low
i
11/25/2020DA DavidsonUpgradeBuyLow
i
Rating by M. Baker at DA Davidson
11/25/2020Loop CapitalUpgradeBuyLow
i
11/25/2020WedbushUpgradeOutperform ➝ Buy$130.00 ➝ $135.00Low
i
Rating by S. Basham at Wedbush
11/25/2020Piper SandlerUpgradeBuyLow
i
11/2/2020WedbushReiterated RatingBuy ➝ Outperform$130.00 ➝ $130.00High
i
Rating by S. Basham at Wedbush
10/23/2020OppenheimerDowngradeOutperform ➝ Market Perform$120.00 ➝ $125.00Medium
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
10/5/2020Exane BNP ParibasInitiated CoverageOutperform$131.00Low
i
10/5/2020BNP ParibasInitiated CoverageOutperform$131.00Medium
i
9/29/2020Cleveland ResearchUpgradeNeutral ➝ BuyLow
i
8/26/2020DA DavidsonUpgradeBuyLow
i
Rating by M. Baker at DA Davidson
8/26/2020Morgan StanleyBoost Price TargetEqual Weight$85.00 ➝ $120.00Low
i
8/26/2020Loop CapitalUpgradeBuyLow
i
8/26/2020Telsey Advisory GroupBoost Price TargetOutperform$120.00 ➝ $135.00Low
i
Rating by J. Feldman at Telsey Advisory Group
8/26/2020GuggenheimUpgradeBuyLow
i
8/26/2020The Goldman Sachs GroupUpgradeBuyLow
i
8/26/2020BarclaysUpgradeBuyLow
i
8/25/2020Raymond JamesReiterated RatingStrong-Buy ➝ BuyLow
i
8/24/2020Raymond JamesUpgradeStrong-Buy ➝ Strong-Buy$100.00 ➝ $135.00Medium
i
8/17/2020WedbushUpgradeNeutral ➝ Outperform$95.00 ➝ $130.00Low
i
Rating by S. Basham at Wedbush
8/17/2020Telsey Advisory GroupBoost Price TargetOutperform$105.00 ➝ $120.00Low
i
Rating by J. Feldman at Telsey Advisory Group
8/14/2020DA DavidsonInitiated CoverageBuy$118.00Medium
i
Rating by M. Baker at DA Davidson
8/13/2020Piper SandlerBoost Price TargetOverweight$112.00 ➝ $127.00High
i
7/22/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$80.00 ➝ $92.00High
i
7/22/2020WedbushUpgradeBuy$75.00 ➝ $95.00High
i
7/22/2020Telsey Advisory GroupBoost Price TargetOutperform$95.00 ➝ $105.00High
i
Rating by J. Feldman at Telsey Advisory Group
7/22/2020Loop CapitalUpgradeBuyHigh
i
7/22/2020Piper SandlerUpgradeBuyHigh
i
7/16/2020GuggenheimUpgradeBuyLow
i
7/8/2020BarclaysBoost Price TargetOverweight$85.00 ➝ $95.00Medium
i
5/22/2020NomuraLower Price TargetBuy ➝ Neutral$85.00 ➝ $84.00Medium
i
5/22/2020Nomura InstinetLower Price TargetNeutral$85.00 ➝ $84.00Medium
i
5/22/2020Loop CapitalUpgradeBuyMedium
i
Rating by Anthony Chukumba at Loop Capital
5/22/2020BarclaysBoost Price TargetOverweight ➝ Overweight$75.00 ➝ $85.00Low
i
Rating by Karen Short at Barclays PLC
5/22/2020Morgan StanleyUpgradeBuy$75.00 ➝ $85.00Low
i
5/21/2020OppenheimerInitiated CoverageBuy$105.00Medium
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
5/20/2020CfraBoost Price TargetBuy$75.00 ➝ $90.00High
i
5/18/2020UBS GroupBoost Price TargetNeutral$74.00 ➝ $80.00High
i
5/18/2020Telsey Advisory GroupUpgradeMarket Perform ➝ Outperform$90.00High
i
Rating by J. Feldman at Telsey Advisory Group
5/14/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$60.00 ➝ $75.00High
i
5/11/2020NomuraUpgradeNeutral ➝ Buy$70.00 ➝ $85.00Low
i
5/11/2020Nomura InstinetBoost Price TargetNeutral$70.00 ➝ $85.00Low
i
4/17/2020CfraUpgradeHold ➝ BuyMedium
i
4/16/2020UBS GroupLower Price TargetNeutral$88.00 ➝ $74.00Low
i
4/16/2020Nomura SecuritiesBoost Price TargetBuy ➝ Neutral$58.00 ➝ $70.00Low
i
Rating by Michael Baker at Nomura Securities
4/9/2020Wells Fargo & CompanyBoost Price TargetBuy ➝ Hold$55.00 ➝ $60.00Low
i
3/31/2020Nomura SecuritiesLower Price TargetNeutral$60.00 ➝ $58.00High
i
Rating by Michael Baker at Nomura Securities
3/24/2020Nomura SecuritiesReiterated RatingBuy$76.00 ➝ $60.00Low
i
3/23/2020Wells Fargo & CompanyLower Price TargetEqual Weight$85.00 ➝ $55.00High
i
3/23/2020Royal Bank of CanadaReiterated RatingBuyMedium
i
3/19/2020Nomura SecuritiesLower Price TargetHold ➝ Neutral$86.00 ➝ $76.00Low
i
3/17/2020Morgan StanleyLower Price TargetBuy ➝ Equal Weight$90.00 ➝ $75.00High
i
3/17/2020BarclaysReiterated RatingBuy$75.00High
i
Rating by Karen Short at Barclays PLC
2/28/2020Nomura SecuritiesBoost Price TargetNeutral$81.00 ➝ $86.00Medium
i
2/28/2020Morgan StanleyBoost Price TargetEqual Weight$85.00 ➝ $90.00Medium
i
Rating by Simeon Gutman at Morgan Stanley
2/24/2020Telsey Advisory GroupReiterated RatingMarket PerformHigh
i
Rating by J. Feldman at Telsey Advisory Group
2/19/2020Nomura SecuritiesReiterated RatingBuy ➝ Hold$81.00Low
i
2/7/2020OppenheimerReiterated RatingBuy$86.00 ➝ $105.00Medium
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
1/22/2020Morgan StanleyBoost Price TargetEqual Weight$77.00 ➝ $85.00Low
i
Rating by Simeon Gutman at Morgan Stanley
1/9/2020GuggenheimReiterated RatingBuy$90.00 ➝ $100.00Low
i
1/6/2020Jefferies Financial GroupBoost Price TargetBuy$91.00 ➝ $101.00Medium
i
Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
12/19/2019Loop CapitalBoost Price TargetBuy$90.00 ➝ $100.00Medium
i
Rating by Anthony Chukumba at Loop Capital
11/27/2019Raymond JamesReiterated RatingBuy$100.00Low
i
Rating by Matthew McClintock at Raymond James
11/27/2019Nomura SecuritiesBoost Price TargetNeutral$73.00 ➝ $81.00Low
i
11/27/2019Morgan StanleyBoost Price TargetEqual Weight$70.00 ➝ $77.00Low
i
Rating by Simeon Gutman at Morgan Stanley
11/27/2019Royal Bank of CanadaUpgradeBuy$74.00 ➝ $86.00Medium
i
11/27/2019GuggenheimUpgradeBuy$80.00 ➝ $90.00Medium
i
11/27/2019BarclaysUpgradeBuy$75.00 ➝ $90.00Medium
i
11/27/2019Piper Jaffray CompaniesUpgradeBuy$86.00 ➝ $97.00Medium
i
11/26/2019WedbushReiterated RatingHold$76.00Medium
i
Rating by Michael Pachter at Wedbush
11/8/2019Nomura SecuritiesInitiated CoverageBuy ➝ Neutral$73.00Low
i
10/8/2019Wolfe ResearchInitiated CoverageBuy$82.00Low
i
Rating by Chris Bottiglieri at Wolfe Research
10/7/2019Raymond JamesInitiated CoverageBuy ➝ Strong-Buy$100.00Medium
i
9/26/2019Telsey Advisory GroupBoost Price TargetMarket Perform$70.00 ➝ $75.00Low
i
9/24/2019Jefferies Financial GroupSet Price TargetBuy$80.00High
i
Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
9/18/2019Loop CapitalSet Price TargetBuy$90.00Low
i
Rating by Anthony Chukumba at Loop Capital
8/30/2019Morgan StanleyLower Price TargetEqual Weight$77.00 ➝ $70.00Low
i
8/30/2019Telsey Advisory GroupLower Price TargetMarket Perform$76.00 ➝ $70.00Low
i
Rating by J. Feldman at Telsey Advisory Group
8/29/2019WedbushReiterated RatingHold ➝ Buy$63.00Low
i
Rating by Michael Pachter at Wedbush
8/26/2019WedbushSet Price TargetHold$71.00Low
i
Rating by Michael Pachter at Wedbush
8/26/2019Bank of AmericaSet Price TargetHold$75.00Low
i
Rating by Curtis Nagle at Bank of America Co.
7/25/2019Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market PerformLow
i
Rating by J. Feldman at Telsey Advisory Group
7/11/2019The Goldman Sachs GroupInitiated CoverageBuy ➝ Neutral$73.00High
i
7/8/2019GuggenheimInitiated CoverageBuy ➝ Buy$80.00 ➝ $80.00Low
i
6/18/2019Cleveland ResearchReiterated RatingNeutral ➝ NeutralMedium
i
5/24/2019WedbushSet Price TargetHold$71.00Low
i
Rating by Michael Pachter at Wedbush
5/17/2019WedbushReiterated RatingNeutral ➝ Hold$71.00Low
i
Rating by M. Pachter at Wedbush
4/24/2019Jefferies Financial GroupUpgradeHold ➝ Buy$72.00 ➝ $88.00Low
i
Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
3/25/2019OppenheimerDowngradeBuy ➝ Market PerformLow
i
3/22/2019OppenheimerUpgradeMarket Perform ➝ Outperform$86.00Medium
i
3/20/2019Evercore ISIInitiated CoverageIn-line ➝ In-Line$75.00Low
i
3/6/2019Wolfe ResearchUpgradeMarket Perform ➝ BuyLow
i
3/1/2019CitigroupBoost Price TargetNeutral ➝ Neutral$72.00 ➝ $77.00Medium
i
2/28/2019Credit Suisse GroupUpgradeNeutral ➝ Buy$70.00 ➝ $78.00Low
i
Rating by Seth Sigman at Credit Suisse Group AG
2/28/2019Wells Fargo & CompanyUpgradeBuyLow
i
2/28/2019Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$65.00 ➝ $77.00Low
i
2/28/2019Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$67.00 ➝ $74.00Low
i
Rating by Joe Feldman at Telsey Advisory Group
2/27/2019Bank of AmericaUpgradeUnderperform ➝ Neutral$50.00Low
i
Rating by Curtis Nagle at Bank of America Co.
2/22/2019WedbushReiterated RatingNeutral$65.00Medium
i
Rating by M. Pachter at Wedbush
1/11/2019Deutsche Bank AktiengesellschaftReiterated RatingBuyLow
i
Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
12/19/2018Moffett NathansonUpgradeSell ➝ NeutralMedium
i
12/17/2018Bank of AmericaDowngradeNeutral ➝ Underperform$70.00 ➝ $50.00High
i
Rating by Curtis Nagle at Bank of America Co.
11/27/2018Loop CapitalReiterated RatingBuyLow
i
Rating by Anthony Chukumba at Loop Capital
11/23/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$80.00 ➝ $75.00Low
i
11/21/2018Jefferies Financial GroupSet Price TargetHold$70.00Low
i
Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
11/21/2018Telsey Advisory GroupReiterated RatingHoldLow
i
Rating by Joe Feldman at Telsey Advisory Group
11/21/2018CitigroupLower Price TargetNeutral ➝ Neutral$79.00 ➝ $72.00Medium
i
11/21/2018Raymond JamesLower Price TargetStrong-Buy ➝ Buy$90.00 ➝ $85.00Low
i
Rating by Dan Wewer at Raymond James
11/21/2018Credit Suisse GroupSet Price TargetNeutral ➝ Hold$78.00 ➝ $70.00High
i
Rating by Seth Sigman at Credit Suisse Group AG
11/21/2018Deutsche Bank AktiengesellschaftSet Price TargetHold$72.00High
i
Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
11/21/2018Piper Jaffray CompaniesLower Price TargetOverweight ➝ Buy$87.00 ➝ $81.00High
i
11/21/2018WedbushUpgradeUnderperform ➝ Neutral$65.00High
i
Rating by Michael Pachter at Wedbush
11/13/2018Bank of AmericaDowngradeBuy ➝ Neutral$92.00 ➝ $70.00Medium
i
Rating by Curtis Nagle at Bank of America Co.
10/11/2018Morgan StanleyBoost Price TargetEqual Weight$78.00 ➝ $80.00Medium
i
8/29/2018Credit Suisse GroupBoost Price TargetNeutral ➝ Hold$74.00 ➝ $78.00Low
i
Rating by Seth Sigman at Credit Suisse Group AG
8/29/2018BarclaysReiterated RatingBuy$90.00Low
i
8/29/2018Raymond JamesBoost Price TargetStrong-Buy ➝ Buy$87.00 ➝ $90.00Low
i
8/29/2018JPMorgan Chase & Co.Boost Price TargetNeutral ➝ Neutral$76.00 ➝ $79.00Low
i
8/29/2018Deutsche Bank AktiengesellschaftBoost Price TargetHold ➝ Hold$75.00 ➝ $76.00Low
i
8/29/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$74.00 ➝ $78.00Low
i
8/29/2018Telsey Advisory GroupBoost Price TargetMarket Perform ➝ Market Perform$76.00 ➝ $80.00Low
i
Rating by Joe Feldman at Telsey Advisory Group
8/28/2018Bank of AmericaReiterated RatingBuy$92.00Low
i
Rating by Curtis Nagle at Bank of America Co.
8/28/2018Wells Fargo & CompanyReiterated RatingBuy ➝ Hold$78.00Low
i
Rating by Zachary Fadem at Wells Fargo & Company
8/23/2018WedbushSet Price TargetSell$65.00Medium
i
Rating by Michael Pachter at Wedbush
8/21/2018Jefferies Financial GroupInitiated CoverageHold$79.00Low
i
Rating by Jonathan Matuszewski at Jefferies Financial Group Inc.
6/8/2018Morgan StanleyReiterated RatingBuyLow
i
5/27/2018WedbushSet Price TargetSell$48.00Low
i
Rating by Michael Pachter at Wedbush
5/24/2018Loop CapitalSet Price TargetBuy$85.00High
i
Rating by Anthony Chukumba at Loop Capital
5/24/2018Wells Fargo & CompanySet Price TargetHold$77.00Medium
i
Rating by Zachary Fadem at Wells Fargo & Company
5/21/2018WedbushReiterated RatingSell ➝ Sell$48.00Medium
i
Rating by Michael Pachter at Wedbush
4/23/2018Wells Fargo & CompanyInitiated CoverageBuy ➝ Market Perform$77.00Low
i
3/14/2018Loop CapitalSet Price TargetBuy$83.00Medium
i
Rating by Anthony Chukumba at Loop Capital
3/5/2018WedbushReiterated RatingUnderperform ➝ Underperform$45.00 ➝ $48.00Medium
i
Rating by Michael Pachter at Wedbush
3/5/2018Credit Suisse GroupReiterated RatingNeutral ➝ Hold$60.00 ➝ $74.00Medium
i
3/4/2018WedbushSet Price TargetSell$45.00Medium
i
Rating by Michael Pachter at Wedbush
3/2/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$78.00 ➝ $87.00Medium
i
3/2/2018Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$66.00 ➝ $74.00High
i
3/2/2018UBS GroupReiterated RatingNeutral ➝ Neutral$70.00 ➝ $77.00Medium
i
3/2/2018Telsey Advisory GroupReiterated RatingMarket Perform ➝ Market Perform$74.00 ➝ $76.00High
i
Rating by Joe Feldman at Telsey Advisory Group
3/1/2018Loop CapitalUpgradeBuyHigh
i
Rating by Anthony Chukumba at Loop Capital
2/27/2018Jefferies Financial GroupReiterated RatingHold ➝ Buy$60.00 ➝ $74.00High
i
2/26/2018Piper Jaffray CompaniesBoost Price TargetOverweight ➝ Overweight$68.00 ➝ $83.00Medium
i
2/26/2018WedbushReiterated RatingSell ➝ Sell$38.00Medium
i
Rating by Michael Pachter at Wedbush
2/16/2018CitigroupReiterated RatingNeutral ➝ Neutral$69.00 ➝ $74.00Low
i
1/30/2018BarclaysBoost Price TargetOverweight ➝ Overweight$80.00 ➝ $85.00Low
i
Rating by Matthew McClintock at Barclays PLC
1/25/2018Telsey Advisory GroupDowngradeOutperform ➝ Market Perform$62.00 ➝ $81.00Low
i
Rating by J. Feldman at Telsey Advisory Group
1/16/2018Loop CapitalSet Price TargetBuy$80.00Medium
i
Rating by Anthony Chukumba at Loop Capital
1/8/2018WedbushSet Price TargetSell$38.00Low
i
Rating by Michael Pachter at Wedbush
12/4/2017Moffett NathansonInitiated CoverageSellMedium
i
11/29/2017WedbushSet Price TargetSell ➝ Sell$32.00Medium
i
Rating by Michael Pachter at Wedbush
11/17/2017Deutsche Bank AktiengesellschaftSet Price TargetHold$58.00 ➝ $56.00N/A
i
11/16/2017Deutsche Bank AktiengesellschaftReiterated RatingBuyN/A
i
11/16/2017Loop CapitalSet Price TargetBuy$72.00N/A
i
Rating by Anthony Chukumba at Loop Capital
11/16/2017OppenheimerReiterated RatingHoldN/A
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
11/13/2017Jefferies Financial GroupReiterated RatingUnderperform ➝ Hold$60.00N/A
i
11/13/2017WedbushSet Price TargetBuy ➝ Sell$33.00N/A
i
Rating by Michael Pachter at Wedbush
11/10/2017KeyCorpReiterated RatingBuy ➝ HoldN/A
i
10/24/2017Loop CapitalSet Price TargetBuy$72.00N/A
i
Rating by Anthony Chukumba at Loop Capital
9/21/2017Piper Jaffray CompaniesReiterated RatingBuy$68.00Low
i
Rating by Peter Keith at Piper Jaffray Companies
9/20/2017UBS GroupReiterated RatingNeutral ➝ Buy$60.00 ➝ $57.00Medium
i
9/20/2017Jefferies Financial GroupReiterated RatingHold ➝ Buy$60.00Medium
i
9/20/2017Loop CapitalReiterated RatingBuy$72.00Medium
i
9/20/2017OppenheimerReiterated RatingHoldLow
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
9/20/2017Royal Bank of CanadaLower Price TargetSector Perform ➝ Sector Perform$61.00 ➝ $57.00Low
i
9/20/2017Telsey Advisory GroupLower Price TargetOutperform ➝ Outperform$66.00 ➝ $62.00Low
i
9/14/2017Deutsche Bank AktiengesellschaftReiterated RatingHold ➝ Buy$58.00Low
i
9/1/2017Piper Jaffray CompaniesReiterated RatingBuy$71.00Low
i
Rating by Peter Keith at Piper Jaffray Companies
8/31/2017WedbushReiterated RatingUnderperform ➝ Buy$29.00 ➝ $33.00Low
i
8/31/2017UBS GroupReiterated RatingNeutral ➝ Buy$62.00 ➝ $60.00Low
i
8/31/2017Deutsche Bank AktiengesellschaftReiterated RatingHold ➝ Buy$60.00 ➝ $58.00Low
i
8/31/2017SunTrust BanksReiterated RatingBuyLow
i
Rating by David Magee at SunTrust Banks, Inc.
8/31/2017Loop CapitalReiterated RatingBuy$72.00Low
i
8/30/2017Royal Bank of CanadaBoost Price TargetSector Perform ➝ Sector Perform$60.00 ➝ $61.00High
i
8/29/2017OppenheimerReiterated RatingHoldHigh
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
8/28/2017BarclaysReiterated RatingOverweight ➝ Buy$65.00Low
i
Rating by Matthew McClintock at Barclays PLC
8/23/2017Piper Jaffray CompaniesReiterated RatingOverweight ➝ Buy$70.00Low
i
Rating by Peter Keith at Piper Jaffray Companies
8/22/2017Jefferies Financial GroupReiterated RatingBuy ➝ Hold$60.00Medium
i
8/16/2017Loop CapitalReiterated RatingBuy$72.00Low
i
8/9/2017Jefferies Financial GroupReiterated RatingBuy ➝ Hold$60.00Medium
i
8/3/2017Deutsche Bank AktiengesellschaftReiterated RatingHold ➝ Buy$60.00Low
i
8/3/2017Piper Jaffray CompaniesReiterated RatingBuy$70.00Low
i
Rating by Peter Keith at Piper Jaffray Companies
7/22/2017SunTrust BanksSet Price TargetBuy$70.00Low
i
Rating by David Magee at SunTrust Banks, Inc.
7/22/2017Loop CapitalReiterated RatingBuy$72.00Low
i
7/11/2017Sanford C. BernsteinSet Price TargetUnderperform ➝ Sell$47.00Low
i
Rating by Brandon Fletcher at Sanford C. Bernstein
7/10/2017Loop CapitalReiterated RatingBuy$72.00Medium
i
7/6/2017Jefferies Financial GroupReiterated RatingHold ➝ Buy$60.00Low
i
6/26/2017Piper Jaffray CompaniesSet Price TargetBuy$70.00N/A
i
Rating by Peter Keith at Piper Jaffray Companies
6/5/2017Deutsche Bank AktiengesellschaftReiterated RatingHold ➝ Buy$60.00Medium
i
6/5/2017Loop CapitalReiterated RatingBuy$64.00 ➝ $72.00Low
i
5/30/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$46.00 ➝ $60.00Low
i
5/30/2017CitigroupUpgradeNeutral ➝ Buy$53.00 ➝ $62.00Low
i
5/30/2017Morgan StanleyUpgradeEqual Weight ➝ Buy$43.00 ➝ $60.00Low
i
5/30/2017Jefferies Financial GroupUpgradeHold ➝ Buy$51.00 ➝ $60.00Low
i
5/28/2017Bank of AmericaReiterated RatingBuy$58.00 ➝ $68.00Low
i
Rating by Denise Chai at Bank of America Co.
5/28/2017The Goldman Sachs GroupReiterated RatingNeutral ➝ Buy$49.00 ➝ $56.00Low
i
5/28/2017Credit Suisse GroupReiterated RatingNeutral ➝ Buy$47.00 ➝ $60.00Low
i
Rating by Seth Sigman at Credit Suisse Group AG
5/28/2017Loop CapitalReiterated RatingBuy$58.00 ➝ $64.00Low
i
5/26/2017BarclaysReiterated RatingBuy$65.00Low
i
Rating by Matthew McClintock at Barclays PLC
5/26/2017Telsey Advisory GroupBoost Price TargetOutperform ➝ Outperform$53.00 ➝ $66.00High
i
5/25/2017OppenheimerReiterated RatingHoldMedium
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
5/25/2017Jefferies Financial GroupBoost Price TargetHold ➝ Hold - Buy$43.00 ➝ $51.00High
i
5/24/2017UBS GroupReiterated RatingNeutral ➝ Buy$47.00 ➝ $51.00N/A
i
5/22/2017WedbushReiterated RatingUnderperform$29.00Low
i
Rating by Michael Pachter at Wedbush
5/15/2017Loop CapitalUpgradeSell ➝ Hold$37.00 ➝ $35.00Low
i
4/25/2017Bank of AmericaUpgradeNeutral ➝ Buy$46.00 ➝ $58.00Low
i
4/11/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$46.00Low
i
4/8/2017Sanford C. BernsteinReiterated RatingSellLow
i
Rating by Brandon Fletcher at Sanford C. Bernstein
4/4/2017Loop CapitalReiterated RatingMarket Perform ➝ Buy$58.00Low
i
3/27/2017Piper Jaffray CompaniesUpgradeNeutral ➝ Overweight$44.85 ➝ $55.00High
i
3/3/2017Credit Suisse GroupReiterated RatingNeutral ➝ Buy$47.00N/A
i
3/2/2017Royal Bank of CanadaBoost Price TargetSector Perform$42.00 ➝ $46.00N/A
i
3/2/2017Jefferies Financial GroupReiterated RatingHold ➝ Buy$43.00N/A
i
2/28/2017Loop CapitalReiterated RatingBuyN/A
i
2/25/2017WedbushSet Price TargetSell$25.00N/A
i
Rating by Michael Pachter at Wedbush
2/24/2017WedbushReiterated RatingBuyN/A
i
2/23/2017Jefferies Financial GroupBoost Price TargetHold ➝ Buy$42.00 ➝ $43.00N/A
i
2/22/2017Loop CapitalReiterated RatingBuy$58.00N/A
i
2/18/2017BarclaysSet Price TargetBuy$50.00N/A
i
Rating by Matthew McClintock at Barclays PLC
2/6/2017Sanford C. BernsteinInitiated CoverageBuy ➝ Underperform$34.00N/A
i
1/18/2017Deutsche Bank AktiengesellschaftBoost Price TargetHold ➝ Buy$43.00 ➝ $46.00N/A
i
12/28/2016KeyCorpReiterated RatingBuyN/A
i
12/28/2016Pacific CrestReiterated RatingBuyN/A
i
12/28/2016UBS GroupReiterated RatingNeutral ➝ Buy$38.00 ➝ $47.00N/A
i
12/19/2016Loop CapitalReiterated RatingBuy$58.00N/A
i
12/7/2016Morgan StanleyReiterated RatingEqual Weight ➝ Buy$35.00 ➝ $43.00N/A
i
Rating by Simeon Gutman at Morgan Stanley
12/6/2016Bank of AmericaUpgradeUnderperform ➝ NeutralN/A
i
Rating by Denise Chai at Bank of America Co.
12/6/2016Loop CapitalInitiated CoverageBuy$58.00N/A
i
12/6/2016BTIG ResearchReiterated RatingNeutral ➝ BuyN/A
i
11/30/2016WedbushReiterated RatingNeutral ➝ Buy$42.00N/A
i
11/22/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
11/19/2016Morgan StanleySet Price TargetHold$43.00N/A
i
Rating by Simeon Gutman at Morgan Stanley
11/18/2016Morgan StanleyReiterated RatingBuyN/A
i
11/18/2016Royal Bank of CanadaBoost Price TargetSector Perform$42.00 ➝ $47.00N/A
i
11/18/2016WedbushBoost Price TargetUnderperform ➝ Underperform$20.50 ➝ $24.50N/A
i
Rating by Michael Pachter at Wedbush
11/18/2016Telsey Advisory GroupBoost Price TargetOutperform$42.00 ➝ $48.00N/A
i
11/17/2016Bank of AmericaUpgradeUnderperform ➝ NeutralN/A
i
Rating by Denise Chai at Bank of America Co.
11/13/2016UBS GroupBoost Price TargetNeutral ➝ Buy$47.00N/A
i
Rating by Michael Lasser at UBS Group AG
11/10/2016BarclaysReiterated RatingBuy$45.00N/A
i
Rating by Matthew McClintock at Barclays PLC
11/8/2016Evercore ISIDowngradeHold ➝ SellN/A
i
10/12/2016SunTrust BanksReiterated RatingBuyN/A
i
Rating by David Magee at SunTrust Banks, Inc.
9/14/2016BarclaysReiterated RatingOverweight ➝ Buy$45.00N/A
i
Rating by Matthew McClintock at Barclays PLC
9/12/2016Jefferies Financial GroupReiterated RatingBuy ➝ HoldN/A
i
Rating by Daniel Binder at Jefferies Financial Group Inc.
8/25/2016WedbushReiterated RatingBuy ➝ Sell$20.50N/A
i
Rating by Michael Pachter at Wedbush
8/25/2016Royal Bank of CanadaReiterated RatingSector Perform ➝ Buy$36.00 ➝ $42.00N/A
i
8/24/2016Deutsche Bank AktiengesellschaftBoost Price TargetHold ➝ Hold$32.00 ➝ $41.00N/A
i
Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
8/24/2016Morgan StanleyBoost Price TargetEqual Weight ➝ Buy$28.00 ➝ $35.00N/A
i
8/24/2016SunTrust BanksBoost Price TargetBuy$39.00 ➝ $45.00N/A
i
8/24/2016Bank of AmericaReiterated RatingBuy ➝ Sell$29.00N/A
i
Rating by Denise Chai at Bank of America Co.
8/24/2016Raymond JamesBoost Price TargetBuy$38.00 ➝ $45.00N/A
i
Rating by Dan Wewer at Raymond James
8/24/2016CitigroupBoost Price TargetNeutral ➝ Neutral$32.00 ➝ $40.00N/A
i
Rating by Kate McShane at Citigroup Inc.
8/24/2016UBS GroupBoost Price TargetNeutral ➝ Neutral$33.00 ➝ $38.00N/A
i
Rating by Michael Lasser at UBS Group AG
8/24/2016Royal Bank of CanadaBoost Price TargetSector Perform$36.00 ➝ $42.00N/A
i
Rating by Scot Ciccarelli at Royal Bank of Canada
8/24/2016Telsey Advisory GroupBoost Price TargetOutperform ➝ Outperform$36.00 ➝ $42.00N/A
i
8/23/2016BarclaysReiterated RatingOverweight ➝ Buy$45.00N/A
i
Rating by Matthew McClintock at Barclays PLC
8/17/2016WedbushReiterated RatingUnderperform ➝ Buy$20.50N/A
i
Rating by Michael Pachter at Wedbush
8/17/2016LADENBURG THALM/SH SHInitiated CoverageBuy ➝ OutperformN/A
i
8/15/2016Jefferies Financial GroupDowngradeBuy ➝ Hold$39.00 ➝ $36.00N/A
i
Rating by Daniel Binder at Jefferies Financial Group Inc.
8/2/2016BTIG ResearchReiterated RatingNeutral ➝ BuyN/A
i
7/6/2016Morgan StanleyReiterated RatingEqual Weight ➝ Buy$28.00N/A
i
6/28/2016Deutsche Bank AktiengesellschaftReiterated RatingHold ➝ Buy$32.00N/A
i
Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
6/23/2016BarclaysReiterated RatingOverweight ➝ Buy$45.00N/A
i
Rating by Matthew McClintock at Barclays PLC
6/23/2016Bank of AmericaReiterated RatingSell ➝ BuyN/A
i
Rating by Denise Chai at Bank of America Co.
6/23/2016Credit Suisse GroupReiterated RatingBuy ➝ Hold$31.00N/A
i
Rating by Seth Sigman at Credit Suisse Group AG
6/23/2016Piper Jaffray CompaniesReiterated RatingNeutral ➝ Buy$31.00N/A
i
Rating by Peter Keith at Piper Jaffray Companies
6/22/2016OppenheimerReiterated RatingHoldN/A
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
6/16/2016Longbow ResearchInitiated CoverageBuy ➝ NeutralN/A
i
6/15/2016Credit Suisse GroupDowngradeBuy ➝ Neutral$36.50 ➝ $31.00N/A
i
Rating by Seth Sigman at Credit Suisse Group AG
6/2/2016BTIG ResearchInitiated CoverageBuy ➝ NeutralN/A
i
5/26/2016Raymond JamesReiterated RatingBuyN/A
i
Rating by Dan Wewer at Raymond James
5/25/2016Credit Suisse GroupReiterated RatingBuy$36.50N/A
i
5/25/2016WedbushReiterated RatingUnderperform ➝ Buy$20.50N/A
i
Rating by Michael Pachter at Wedbush
5/25/2016Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$38.00 ➝ $32.00N/A
i
Rating by Michael Baker at Deutsche Bank Aktiengesellschaft
5/25/2016Telsey Advisory GroupLower Price TargetOutperform ➝ Outperform$38.00 ➝ $36.00N/A
i
5/24/2016Bank of AmericaReiterated RatingSellN/A
i
Rating by Denise Chai at Bank of America Co.
5/24/2016UBS GroupReiterated RatingNeutral ➝ Hold$33.00N/A
i
Rating by Michael Lasser at UBS Group AG
5/24/2016CitigroupDowngradeBuy ➝ NeutralN/A
i
5/19/2016Raymond JamesReiterated RatingStrong-Buy ➝ BuyN/A
i
5/17/2016Jefferies Financial GroupReiterated RatingBuy$39.00N/A
i
(Data available from 5/9/2016 forward)
Best Buy logo
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.
Read More

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.