Skip to main content

Best Buy Co., Inc. (BBY) Stock Forecast

Data as of May 2, 2026

Consumer Cyclical · Current price $60.13 (-0.63%)

Consensus Target
$75.75
Upside
+23.9%
Analysts
25
Rating
Hold(2.64)

Price Target Range

Low $66.00Consensus $75.75High $96.00
▲ Current $60.13

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy3
Hold12
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 5, 2026Michael BakerD.A. Davidson$78.00+29.7%
Mar 4, 2026Greg MelichEvercore ISI$75.00+24.7%
Mar 4, 2026Peter KeithPiper Sandler$68.00+13.1%
Mar 3, 2026Scot CiccarelliTruist Financial$66.00+9.8%
Jan 16, 2026Scot CiccarelliTruist Financial$73.00+21.4%
Jan 15, 2026Simeon GutmanMorgan Stanley$76.00+26.4%
Jan 8, 2026Seth SigmanBarclays$77.00+28.1%
Dec 9, 2025Greg MelichEvercore ISI$80.00+33.1%
Nov 26, 2025Simeon GutmanMorgan Stanley$82.00+36.4%
Nov 26, 2025Michael LasserUBS$96.00+59.7%
Nov 25, 2025Seth SigmanBarclays$81.00+34.7%
Oct 8, 2025Jonathan MatuszewskiJefferies$95.00+58.0%
Jul 14, 2025Peter KeithPiper Sandler$75.00+24.7%
Nov 29, 2024Steven ForbesGuggenheim$105.00+74.6%
Sep 23, 2024Karen ShortMelius Research$100.00+66.3%
Aug 30, 2024Seth BashamWedbush$95.00+58.0%
Aug 30, 2024Anthony ChukumbaLoop Capital Markets$110.00+83.0%
Aug 30, 2024Greg MelichEvercore ISI$94.00+56.3%
Aug 30, 2024Peter KeithPiper Sandler$114.00+89.6%
Aug 30, 2024Seth SigmanBarclays$95.00+58.0%

BBY vs Sector & Market

MetricBBYConsumer Cyclical AvgLarge Cap Avg
Analyst Rating2.642.522.41
Analyst Count251318
Target Upside+23.9%+417.4%+14.9%
P/E Ratio11.9111.2631.19

Revenue Estimates

PeriodLowAvgHigh#
2026-07-31$9.18B$9.38B$9.52B13
2026-10-31$9.45B$9.64B$9.78B11
2027-01-31$13.65B$13.92B$14.12B11
2027-04-30$8.74B$8.91B$9.04B11
2027-07-31$9.36B$9.54B$9.68B6
2027-10-31$9.62B$9.81B$9.95B6
2028-01-31$13.77B$14.04B$14.24B5
2029-01-31$43.07B$43.09B$43.11B9
2030-01-31$43.18B$43.71B$44.07B4
2031-01-31$43.91B$44.45B$44.81B3

EPS Estimates

PeriodLowAvgHigh#
2026-07-31$1.23$1.32$1.3713
2026-10-31$1.35$1.38$1.4110
2027-01-31$2.50$2.56$2.6110
2027-04-30$1.29$1.32$1.3510
2027-07-31$1.41$1.45$1.475
2027-10-31$1.49$1.52$1.555
2028-01-31$2.69$2.76$2.816
2029-01-31$7.37$7.67$8.345
2030-01-31$8.55$8.69$8.781
2031-01-31$9.30$9.45$9.552

Frequently Asked Questions

What is the analyst consensus for BBY?

The consensus among 25 analysts covering Best Buy Co., Inc. (BBY) is Hold with an average price target of $75.75.

What is the highest price target for BBY?

The highest price target for BBY is $150.00, set by Anthony Chukumba at Loop Capital Markets on 2021-06-07.

What is the lowest price target for BBY?

The lowest price target for BBY is $66.00, set by Scot Ciccarelli at Truist Financial on 2026-03-03.

How many analysts cover BBY?

25 analysts have issued ratings for Best Buy Co., Inc. in the past 12 months.

Is BBY a buy or sell right now?

Based on 25 analyst ratings, BBY has a consensus rating of Hold (2.64/5) with a +23.9% upside to the consensus target of $75.75.

What are the earnings estimates for BBY?

Analysts estimate BBY will report EPS of $1.32 for the period ending 2026-07-31, with revenue estimated at $9.38B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.