Best Buy Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Best Buy stock have an average target of 76.28, with a low estimate of 60 and a high estimate of 96. The average target predicts an increase of 29.05% from the current stock price of 59.11.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$76.28	$75	$96
Change	+1.51%	+29.05%	+26.88%	+62.41%

Analyst Ratings

The average analyst rating for Best Buy stock from 19 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	5	5	5	5	6	5
Buy	2	2	2	1	1	1
Hold	11	11	11	13	14	12
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	19	19	19	20	22	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $70 → $65	Hold	Maintains	$70 → $65	+9.96%	Apr 14, 2026
Steven Zaccone Citigroup	Citigroup	Hold Maintains $67 → $69	Hold	Maintains	$67 → $69	+16.73%	Mar 4, 2026
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $70 → $75	Hold	Maintains	$70 → $75	+26.88%	Mar 4, 2026
Chris Bottiglieri BNP Paribas	BNP Paribas	Hold Maintains $68 → $74	Hold	Maintains	$68 → $74	+25.19%	Mar 4, 2026
Simeon Gutman Morgan Stanley	Morgan Stanley	Hold Maintains $76 → $72	Hold	Maintains	$76 → $72	+21.81%	Mar 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

42.17B

from 41.69B

1.15%

from 41.69B

Revenue Next Year

42.76B

from 42.17B

1.38%

from 42.17B

EPS This Year

6.57

from 5.04

30.37%

from 5.04

EPS Next Year

7.08

from 6.57

7.69%

from 6.57

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	42.17B	42.76B
Revenue Growth	9.52%	-10.55%	-6.15%	-4.43%	0.39%	1.15%	1.38%
EPS	9.84	6.29	5.68	4.28	5.04	6.57	7.08
EPS Growth	43.86%	-36.08%	-9.70%	-24.65%	17.76%	30.37%	7.69%
Forward PE	-	-	-	-	-	9.00	8.35
No. Analysts	-	-	-	-	-	27	26

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

Revenue Forecast

Revenue	2027	2028
High	44.2B	44.9B
Avg	42.2B	42.8B
Low	40.5B	40.6B

Revenue Growth

Revenue Growth	2027	2028
High	6.1%	6.5%
Avg	1.2%	1.4%
Low	-2.9%	-3.6%

EPS Forecast

EPS	2027	2028
High	6.99	7.82
Avg	6.57	7.08
Low	6.26	6.40

EPS Growth

EPS Growth	2027	2028
High	38.8%	19.1%
Avg	30.4%	7.7%
Low	24.3%	-2.6%

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.