Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
66.68
+1.08 (1.65%)
At close: Mar 6, 2026, 4:00 PM EST
66.65
-0.03 (-0.04%)
After-hours: Mar 6, 2026, 7:56 PM EST

Best Buy Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Best Buy stock have an average target of 78.58, with a low estimate of 60 and a high estimate of 110. The average target predicts an increase of 17.85% from the current stock price of 66.68.

Analyst Consensus: Buy
Target Low Average Median High
Price $60 $78.58 $75 $110
Change -10.02% +17.85% +12.48% +64.97%

Analyst Ratings

The average analyst rating for Best Buy stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy 555556
Buy 222211
Hold 111111111312
Sell 111111
Strong Sell 000000
Total 191919192020

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Hold
Maintains
$67$69
Hold Maintains $67$69 +3.48% Mar 4, 2026
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$70$75
Hold Maintains $70$75 +12.48% Mar 4, 2026
BNP Paribas
BNP Paribas
Hold
Maintains
$68$74
Hold Maintains $68$74 +10.98% Mar 4, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$76$72
Hold Maintains $76$72 +7.98% Mar 4, 2026
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$93$76
Strong Buy Maintains $93$76 +13.98% Mar 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
42.68B
from 41.69B
Increased by 2.37%
Revenue Next Year
43.39B
from 42.68B
Increased by 1.68%
EPS This Year
6.73
from 5.04
Increased by 33.52%
EPS Next Year
7.27
from 6.73
Increased by 8.06%
Fiscal Year FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Jan 29, 2022 Jan 28, 2023 Feb 3, 2024 Feb 1, 2025 Jan 31, 2026 Jan 31, 2027 Jan 31, 2028
Revenue
51.76B46.30B43.45B41.53B41.69B42.68B43.39B
Revenue Growth
9.52%-10.55%-6.15%-4.43%0.39%2.37%1.68%
EPS
9.846.295.684.285.046.737.27
EPS Growth
43.86%-36.08%-9.70%-24.65%17.76%33.52%8.06%
Forward PE
-----9.919.17
No. Analysts -----2719
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20272028202920302031
High 45.3B 46.7B
Avg 42.7B 43.4B
Low 40.1B 40.5B

Revenue Growth

Revenue Growth 20272028202920302031
High
8.5%
9.5%
Avg
2.4%
1.7%
Low
-3.7%
-5.1%

EPS Forecast

EPS 20272028202920302031
High 7.51 8.77
Avg 6.73 7.27
Low 5.72 6.00

EPS Growth

EPS Growth 20272028202920302031
High
49.0%
30.3%
Avg
33.5%
8.1%
Low
13.6%
-10.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.