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BBY

Best Buy (BBY) Stock Forecast & Price Target

Best Buy (BBY) Analyst Ratings

Based on 18 analyst ratings
Hold
Strong Buy 22%
Buy 6%
Hold 67%
Sell 6%
Strong Sell 0%

Bulls say

Best Buy Co is expected to see continued growth due to their focus on various product categories, expansion of store-within-a-store concepts, and initiatives to improve customer experience. Despite potential risks, the company's strong financial performance and positive outlook, highlighted by their recent earnings report, indicate a BUY rating and a target price of $90.

Bears say

Best Buy Co is facing increasing competition and pricing pressures in their core computing and mobile phone category due to the global memory shortages, and their pivot to becoming a media and tech company has yet to materialize. Additionally, the potential launch of Nvidia's new consumer laptop chips may not be enough to boost sales, as it only accounts for a portion of their total sales in the computing and mobile phone category, and it may not be enough to offset the declines seen in other categories. Overall, Best Buy Co's financial performance and potential growth opportunities do not justify a positive outlook at this time.

Best Buy (BBY) has been analyzed by 18 analysts, with a consensus rating of Hold. 22% of analysts recommend a Strong Buy, 6% recommend Buy, 67% suggest Holding, 6% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Best Buy and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Best Buy (BBY) Forecast

Analysts have given Best Buy (BBY) a Hold based on their latest research and market trends.

According to 18 analysts, Best Buy (BBY) has a Hold consensus rating as of Aug 25, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $84, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $84, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Best Buy (BBY)


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