Best Buy Co., Inc. logo BBY - Best Buy Co., Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 14
HOLD 22
SELL 5
STRONG
SELL
0
| PRICE TARGET: $76.33 DETAILS
HIGH: $90.00
LOW: $60.00
MEDIAN: $77.00
CONSENSUS: $76.33
DOWNSIDE: 7.81%

Stock News

Best Buy: Better Q1 Than Expected Leaves Little Upside, But Near 5% Yield Attractive

Best Buy: Better Q1 Than Expected Leaves Little Upside, But Near 5% Yield Attractive

Best Buy delivered a strong Q1, beating EPS and revenue estimates, with comparable store sales up 2% and international revenue rising 7%. I remain cautious on BBY after its recent price surge and see near-term volatility risk from macro headwinds and potential inflationary pressures. Management is focused on ads and store optimization, aiming for gross profit rate expansion and leveraging partnerships with OpenAI and Alphabet for future growth.

Jul 09, 2026 03:15 AM seekingalpha.com
Best Buy Has Good Prospects For Another Comeback

Best Buy Has Good Prospects For Another Comeback

Best Buy is undergoing a pivotal leadership change, with Jason Bonfig—architect of its marketplace and retail media—taking the helm as CEO. BBY is strategically shifting toward higher-margin growth engines: expanding its third-party marketplace, scaling Best Buy Ads, and leveraging Geek Squad services. The stock trades at a discounted 12x trailing earnings and 6.3% yield, undervaluing BBY's transformation potential and margin expansion opportunities.

Jun 29, 2026 09:35 PM seekingalpha.com
Best Buy introduces RGB LED TVs to stores nationwide, ushering new era of home theater

Best Buy introduces RGB LED TVs to stores nationwide, ushering new era of home theater

MINNEAPOLIS--(BUSINESS WIRE)--The most significant advancement in TV technology in more than a decade is now available at Best Buy stores nationwide. Through exclusive partnerships with Samsung, Sony, LG, TCL and Hisense, Best Buy is the only national retailer where customers can shop RGB LED TVs and see color and brightness never before possible, from anywhere in the room. The arrival of RGB LED TV comes at an important moment for customers, as more than 48 million televisions were purchased i.

Jun 24, 2026 03:00 AM businesswire.com
Best Buy seen entering growth phase under incoming CEO, says Jefferies

Best Buy seen entering growth phase under incoming CEO, says Jefferies

Best Buy Co Inc (NYSE:BBY) is positioned for a new phase of growth under incoming CEO Jason Bonfig, according to Jefferies analysts, who said that recent discussions with the executive left them increasingly confident in the company's outlook amid shifting dynamics in consumer electronics. Jefferies sees a supportive backdrop for the retailer as replacement cycles, product innovation and category complexity converge, creating what it describes as an opportunity for higher industry growth and above-average expansion for Best Buy.

Jun 23, 2026 08:14 AM proactiveinvestors.com
Best Buy Announces Chief Financial Officer Transition

Best Buy Announces Chief Financial Officer Transition

MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) today announced that Matt Bilunas will step down as Chief Financial Officer and depart the company at the end of July.Best Buy has engaged an external search firm for its next chief financial officer and expects to name a successor with previous CFO experience. Current CEO Corie Barry, who previously served as CFO, will provide financial oversight during the transition if needed."I am truly honored to have been part of this great compa.

Jun 22, 2026 12:00 PM businesswire.com
Meta Lab @ Best Buy to open in more than 50 stores

Meta Lab @ Best Buy to open in more than 50 stores

MINNEAPOLIS--(BUSINESS WIRE)--In partnership with Meta, Best Buy is bringing Meta Lab @ Best Buy to more than 50 of its stores this summer. These 900-square-foot experiential spaces give customers a hands-on way to explore Meta's full product lineup of AI glasses and VR headsets through interactive demos and displays, smart mirrors, personalized fittings and more. Meta AI Glasses are designed to be worn and explored firsthand. Customers want to know the fit, feel and experience, which is where.

Jun 08, 2026 03:00 AM businesswire.com
Best Buy Q1: Improving Sales, Positive Outlook, Shares Fairly Valued

Best Buy Q1: Improving Sales, Positive Outlook, Shares Fairly Valued

Best Buy overcame a decline in appliance sales with strong domestic sales growth in its broad electronics categories, including gaming consoles, computing, and mobile phones. The company also noted that consumers have shown an appetite for larger-ticket items despite the more challenged macroeconomic environment. The positive takes were paired with reaffirmation of the full-year outlook.

Jun 03, 2026 07:26 PM seekingalpha.com

Price Targets