Highest Price Target1
Lowest Price Target1
Consensus Price Target1
Analyst Rating Summary1
| Buy | Overweight | Hold | Underweight | Sell |
|---|---|---|---|---|
| 3 | 1 | 7 | 0 | 4 |
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
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/22/2023 | BBY | Buy Now | Best Buy Co | $73.60 | -4.89% | Evercore ISI Group | Greg Melich | $75 → $70 | Maintains | In-Line | Get Alert |
| 11/22/2023 | BBY | Buy Now | Best Buy Co | $73.60 | -7.61% | Truist Securities | Scot Ciccarelli | $74 → $68 | Maintains | Hold | Get Alert |
| 11/22/2023 | BBY | Buy Now | Best Buy Co | $73.60 | -4.89% | Wedbush | Seth Basham | → $70 | Reiterates | Neutral → Neutral | Get Alert |
| 11/22/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 1.9% | Telsey Advisory Group | Joseph Feldman | $80 → $75 | Maintains | Market Perform | Get Alert |
| 11/17/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 8.7% | Telsey Advisory Group | Joseph Feldman | $85 → $80 | Maintains | Market Perform | Get Alert |
| 11/13/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 3.26% | UBS | Michael Lasser | $85 → $76 | Maintains | Neutral | Get Alert |
| 11/13/2023 | BBY | Buy Now | Best Buy Co | $73.60 | -11.68% | Wells Fargo | Zachary Fadem | $80 → $65 | Maintains | Equal-Weight | Get Alert |
| 11/10/2023 | BBY | Buy Now | Best Buy Co | $73.60 | -4.89% | Wedbush | Seth Basham | $82 → $70 | Maintains | Neutral | Get Alert |
| 10/19/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 15.49% | Goldman Sachs | Kate McShane | $79 → $85 | Upgrade | Neutral → Buy | Get Alert |
| 10/05/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 0.54% | Truist Securities | Scot Ciccarelli | $80 → $74 | Maintains | Hold | Get Alert |
| 08/31/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 8.7% | Morgan Stanley | Simeon Gutman | $75 → $80 | Maintains | Equal-Weight | Get Alert |
| 08/30/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 22.28% | DA Davidson | Michael Baker | $87 → $90 | Maintains | Buy | Get Alert |
| 08/30/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 7.34% | Goldman Sachs | Kate McShane | $77 → $79 | Maintains | Neutral | Get Alert |
| 08/30/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 19.57% | Truist Securities | Scot Ciccarelli | $77 → $88 | Maintains | Hold | Get Alert |
| 08/30/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 15.49% | UBS | Michael Lasser | $87 → $85 | Maintains | Neutral | Get Alert |
| 08/30/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 16.85% | Guggenheim | Steven Forbes | → $86 | Reiterates | Buy → Buy | Get Alert |
| 08/30/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 11.41% | Wedbush | Seth Basham | $72 → $82 | Maintains | Neutral | Get Alert |
| 08/30/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 15.49% | Telsey Advisory Group | Joseph Feldman | $78 → $85 | Maintains | Market Perform | Get Alert |
| 08/21/2023 | BBY | Buy Now | Best Buy Co | $73.60 | 5.98% | Telsey Advisory Group | Joseph Feldman | → $78 | Reiterates | Market Perform → Market Perform | Get Alert |
What is the target price for Best Buy Co (BBY)?
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.
What is the most recent analyst rating for Best Buy Co (BBY)?
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.
When is the next analyst rating going to be posted or updated for Best Buy Co (BBY)?
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.
Is the Analyst Rating Best Buy Co (BBY) correct?
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.