Best Buy Co Inc
(NYSE:BBY)
The dividend Ex-Date is in 9 days
$73.60
2.66[3.75%]
Last update: 7:44PM (Delayed 15-Minutes)
Get Real Time Here
$73.60
0[0.00%]
After-Hours
Open70.965Close73.420
Vol / Avg.3.065M / 2.517MMkt Cap16.018B
Day Range70.780 - 73.50052 Wk Range62.300 - 93.322

Best Buy Co Stock (NYSE:BBY), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Neutral

Highest Price Target1

$106.00

Lowest Price Target1

$65.00

Consensus Price Target1

$64.41

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
31704

Analyst Firms Making Recommendations1

  • Evercore ISI Group
  • Truist Securities
  • Wedbush
  • Telsey Advisory Group
  • UBS

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Best Buy Co

Upgrades (3)

Downgrades (9)

Initiations (3)

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
11/22/2023BBYBuy Now
Best Buy Co
$73.60-4.89%Evercore ISI Group
Greg Melich
$75 → $70MaintainsIn-LineGet Alert
11/22/2023BBYBuy Now
Best Buy Co
$73.60-7.61%Truist Securities
Scot Ciccarelli
$74 → $68MaintainsHoldGet Alert
11/22/2023BBYBuy Now
Best Buy Co
$73.60-4.89%Wedbush
Seth Basham
→ $70ReiteratesNeutral → NeutralGet Alert
11/22/2023BBYBuy Now
Best Buy Co
$73.601.9%Telsey Advisory Group
Joseph Feldman
$80 → $75MaintainsMarket PerformGet Alert
11/17/2023BBYBuy Now
Best Buy Co
$73.608.7%Telsey Advisory Group
Joseph Feldman
$85 → $80MaintainsMarket PerformGet Alert
11/13/2023BBYBuy Now
Best Buy Co
$73.603.26%UBS
Michael Lasser
$85 → $76MaintainsNeutralGet Alert
11/13/2023BBYBuy Now
Best Buy Co
$73.60-11.68%Wells Fargo
Zachary Fadem
$80 → $65MaintainsEqual-WeightGet Alert
11/10/2023BBYBuy Now
Best Buy Co
$73.60-4.89%Wedbush
Seth Basham
$82 → $70MaintainsNeutralGet Alert
10/19/2023BBYBuy Now
Best Buy Co
$73.6015.49%Goldman Sachs
Kate McShane
$79 → $85UpgradeNeutral → BuyGet Alert
10/05/2023BBYBuy Now
Best Buy Co
$73.600.54%Truist Securities
Scot Ciccarelli
$80 → $74MaintainsHoldGet Alert
08/31/2023BBYBuy Now
Best Buy Co
$73.608.7%Morgan Stanley
Simeon Gutman
$75 → $80MaintainsEqual-WeightGet Alert
08/30/2023BBYBuy Now
Best Buy Co
$73.6022.28%DA Davidson
Michael Baker
$87 → $90MaintainsBuyGet Alert
08/30/2023BBYBuy Now
Best Buy Co
$73.607.34%Goldman Sachs
Kate McShane
$77 → $79MaintainsNeutralGet Alert
08/30/2023BBYBuy Now
Best Buy Co
$73.6019.57%Truist Securities
Scot Ciccarelli
$77 → $88MaintainsHoldGet Alert
08/30/2023BBYBuy Now
Best Buy Co
$73.6015.49%UBS
Michael Lasser
$87 → $85MaintainsNeutralGet Alert
08/30/2023BBYBuy Now
Best Buy Co
$73.6016.85%Guggenheim
Steven Forbes
→ $86ReiteratesBuy → BuyGet Alert
08/30/2023BBYBuy Now
Best Buy Co
$73.6011.41%Wedbush
Seth Basham
$72 → $82MaintainsNeutralGet Alert
08/30/2023BBYBuy Now
Best Buy Co
$73.6015.49%Telsey Advisory Group
Joseph Feldman
$78 → $85MaintainsMarket PerformGet Alert
08/21/2023BBYBuy Now
Best Buy Co
$73.605.98%Telsey Advisory Group
Joseph Feldman
→ $78ReiteratesMarket Perform → Market PerformGet Alert
Q

What is the target price for Best Buy Co (BBY)?

A

The latest price target for Best Buy Co (NYSE: BBY) was reported by Evercore ISI Group on November 22, 2023. The analyst firm set a price target for $70.00 expecting BBY to fall to within 12 months (a possible -4.89% downside). 40 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Best Buy Co (BBY)?

A

The latest analyst rating for Best Buy Co (NYSE: BBY) was provided by Evercore ISI Group, and Best Buy Co maintained their in-line rating.

Q

When is the next analyst rating going to be posted or updated for Best Buy Co (BBY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Best Buy Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Best Buy Co was filed on November 22, 2023 so you should expect the next rating to be made available sometime around November 22, 2024.

Q

Is the Analyst Rating Best Buy Co (BBY) correct?

A

While ratings are subjective and will change, the latest Best Buy Co (BBY) rating was a maintained with a price target of $75.00 to $70.00. The current price Best Buy Co (BBY) is trading at is $73.60, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.