BEST BUY CO INC (BBY) Forecast, Price Target & Analyst Ratings

NYSE:BBY • US0865161014

Current stock price

62.98 USD
-0.23 (-0.36%)
At close:
62.96 USD
-0.02 (-0.03%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for BEST BUY CO INC (BBY).

Forecast Snapshot

Consensus Price Target

Price Target
$74.79
+ 18.75% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 27, 2026
Period
Q1 / 2027
EPS Estimate
$1.25
Revenue Estimate
8.918B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
67.74%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$74.79
Upside
+ 18.75%
From current price of $62.98 to mean target of $74.79, Based on 31 analyst forecasts
Low
$60.60
Median
$75.48
High
$89.25

Price Target Revisions

1 Month
-7.64%
3 Months
-12.30%

Price Target Summary

31 Wall Street analysts provided a forecast for the next 12 months for BBY. The average price target is 74.79 USD. This implies a price increase of 18.75% is expected in the next year compared to the current price of 62.98.
The average price target has been revised downward by 12.3% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

BBY Current Analyst RatingBBY Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

BBY Historical Analyst RatingsBBY Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
67.74%
BBY was analyzed by 31 analysts. The buy percentage consensus is at 68. So analysts seem to be have mildly positive about BBY.
In the previous month the buy percentage consensus was at a similar level.
BBY was analyzed by 31 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-04BNP ParibasMaintains Neutral -> Neutral
2026-03-04GuggenheimMaintains Buy -> Buy
2026-03-04Evercore ISI GroupMaintains In-Line -> In-Line
2026-03-04Truist SecuritiesMaintains Hold -> Hold
2026-03-04Goldman SachsMaintains Buy -> Buy
2026-03-04Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-03-04Piper SandlerMaintains Neutral -> Neutral
2026-03-04CitigroupMaintains Neutral -> Neutral
2026-02-24Telsey Advisory GroupMaintains Outperform -> Outperform
2026-02-24WedbushMaintains Neutral -> Neutral
2026-02-23Piper SandlerMaintains Neutral -> Neutral
2026-02-18Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-02-03Evercore ISI GroupMaintains In-Line -> In-Line
2026-02-02JP MorganDowngrade Overweight -> Neutral
2026-01-16Truist SecuritiesMaintains Hold -> Hold
2026-01-15Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-01-08BarclaysMaintains Equal-Weight -> Equal-Weight
2025-12-09Evercore ISI GroupMaintains In-Line -> In-Line
2025-11-26GuggenheimReiterate Buy -> Buy
2025-11-26UBSMaintains Buy -> Buy
2025-11-26BarclaysMaintains Equal-Weight -> Equal-Weight
2025-11-26Telsey Advisory GroupMaintains Outperform -> Outperform
2025-11-26Evercore ISI GroupMaintains In-Line -> In-Line
2025-11-26Truist SecuritiesMaintains Hold -> Hold
2025-11-26Morgan StanleyMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 27, 2026
Period
Q1 / 2027
EPS Estimate
$1.25
Revenue Estimate
8.918B
Revenue Q2Q
1.72%
EPS Q2Q
8.26%
Number of Analysts
22

Next Earnings Revisions

Revenue (1 Month)
-0.39%
Revenue (3 Months)
-0.92%
EPS (1 Month)
0.10%
EPS (3 Months)
-1.48%

Next Earnings Summary

BBY is expected to report earnings on 5/27/2026. The consensus EPS estimate for the next earnings is 1.25 USD and the consensus revenue estimate is 8.92B USD.
The next earnings revenue estimate has been revised downward by 0.92% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2027 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
BBY revenue by date.BBY revenue by date.
43.452B
-6.15%		41.528B
-4.43%		41.691B
0.39%		42.201B
1.22%		42.786B
1.39%		43.545B
1.77%		45.696B
4.94%		46.547B
1.86%		49.238B
5.78%		50.142B
1.84%
EBITDA
YoY % growth
BBY ebitda by date.BBY ebitda by date.
2.65B
-7.34%		2.6B
-1.89%		2.581B
-0.73%		2.685B
4.03%		2.793B
4.02%		3.087B
10.53%		3.242B
5.02%		3.297B
1.70%		2.924B
-11.31%		2.953B
0.99%
EBIT
YoY % growth
BBY ebit by date.BBY ebit by date.
1.727B
-11.07%		1.734B
0.41%		1.75B
0.92%		1.826B
4.34%		1.916B
4.93%		2.042B
6.58%		2.36B
15.57%		2.4B
1.69%		2.083B
-13.21%		2.103B
0.96%
Operating Margin
BBY operating margin by date.BBY operating margin by date.
3.97%4.18%4.20%4.33%4.48%4.69%5.16%5.16%4.23%4.19%
EPS
YoY % growth
BBY eps by date.BBY eps by date.
6.38
-10.14%		6.38
0.00%		6.44
0.94%		6.73
4.50%		7.27
8.06%		9.00
23.82%		9.95
10.49%		10.84
8.93%		N/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.25
8.26%		1.34
4.56%		1.41
0.61%		2.59
-0.58%		1.36
9.52%		1.49
11.36%		1.57
11.35%		2.78
7.15%
Revenue
Q2Q % growth		8.918B
1.72%		9.479B
0.43%		9.742B
0.72%		14.077B
1.90%		9.02B
1.14%		9.663B
1.94%		9.957B
2.21%		14.081B
0.03%
EBITDA
Q2Q % growth		560.19M
3.93%		583.42M
-25.87%		594.02M
-41.36%		934.14M
-38.70%		570.3M
1.80%		603.39M
3.42%		629.3M
5.94%		927.65M
-0.69%
EBIT
Q2Q % growth		348.29M
6.19%		373.54M
2.34%		391.97M
1.81%		716.89M
3.45%		366.19M
5.14%		396.91M
6.26%		417.88M
6.61%		741.88M
3.49%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

BBY Yearly Revenue VS EstimatesBBY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B 50B
BBY Yearly EPS VS EstimatesBBY Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
11.82%
EPS Next 5 Year
10.97%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.05%
Revenue Next 5 Year
1.98%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
20.35%
EBIT Next 5 Year
13.23%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

BEST BUY CO INC / BBY Forecast FAQ

What is the price target for BBY stock?

31 analysts have analysed BBY and the average price target is 74.79 USD. This implies a price increase of 18.75% is expected in the next year compared to the current price of 62.98.

When does BEST BUY CO INC (BBY) report earnings?

BEST BUY CO INC (BBY) will report earnings on 2026-05-27.

What are the consensus estimates for BEST BUY CO INC (BBY) next earnings?

The consensus EPS estimate for the next earnings of BEST BUY CO INC (BBY) is 1.25 USD and the consensus revenue estimate is 8.92B USD.

Can you provide the expected long term growth rate for BEST BUY CO INC stock?

The expected long term growth rate for BEST BUY CO INC (BBY) is 1.05%.