Best Buy Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Best Buy stock have an average target of 76.21, with a low estimate of 59 and a high estimate of 90. The average target predicts a decrease of -1.93% from the current stock price of 77.71.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$59	$76.21	$79	$90
Change	-24.08%	-1.93%	+1.66%	+15.82%

Analyst Ratings

The average analyst rating for Best Buy stock from 25 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	8	8	8	7	6	6
Buy	2	0	0	0	0	0
Hold	16	17	17	16	17	17
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	1	1	1
Total	27	26	26	25	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Matuszewski Jefferies	Jefferies	Buy Reiterates $89	Buy	Reiterates	$89	+14.53%	Jun 23, 2026
Michael Baker D.A. Davidson	D.A. Davidson	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 22, 2026
Joe Feldman Telsey Advisory	Telsey Advisory	Buy Maintains $90	Buy	Maintains	$90	+15.82%	Jun 22, 2026
Scot Ciccarelli Truist Financial	Truist Financial	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 22, 2026
Bradley Thomas KeyBanc	KeyBanc	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

41.96B

from 41.69B

0.65%

from 41.69B

Revenue Next Year

42.59B

from 41.96B

1.50%

from 41.96B

EPS This Year

6.55

from 6.43

1.87%

from 6.43

EPS Next Year

7.07

from 6.55

7.97%

from 6.55

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	51.76B	46.30B	43.45B	41.53B	41.69B	41.96B	42.59B
Revenue Growth	9.52%	-10.55%	-6.15%	-4.43%	0.39%	0.65%	1.50%
EPS	9.84	6.29	5.68	4.28	5.04	6.30	6.79
EPS Growth	43.86%	-36.08%	-9.70%	-24.65%	17.76%	24.99%	7.84%
Forward PE	-	-	-	-	-	12.34	11.44
No. Analysts	-	-	-	-	-	22	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2027	2028
High	42.5B	42.9B
Avg	42.0B	42.6B
Low	41.6B	41.8B

Revenue Growth

Revenue Growth	2027	2028
High	1.9%	2.3%
Avg	0.6%	1.5%
Low	-0.2%	-0.4%

EPS Forecast

EPS	2027	2028
High	6.72	7.43
Avg	6.55	7.07
Low	6.42	6.80

EPS Growth

EPS Growth	2027	2028
High	4.5%	13.4%
Avg	1.9%	8.0%
Low	-0.2%	3.8%

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.