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Best Buy Co Analyst Ratings

BBYNYSE
Logo brought to you by Benzinga Data
$69.92
-0.84-1.19%
At close: -
$70.56
0.640.92%
After Hours: May 23, 4:14 PM EDT
Q1 2026 Earnings in 5 days from now on Thu May 29th, before the market open
Conference call scheduled in 5 days at 8:00 AM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$116.00
Lowest Price Target1
$64.00
Consensus Price Target1
$89.00

Best Buy Co Analyst Ratings and Price Targets | NYSE:BBY | Benzinga

Best Buy Co Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Best Buy Co Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jan
1
Feb
9
4
1
Mar
1
1
Apr
1
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wedbush
Telsey Advisory Group
Wells Fargo
DA Davidson
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Best Buy Co

Buy NowGet Alert
05/23/2025Buy Now—Wedbush
Alicia Reese72%
→ $75Assumes → NeutralGet Alert
05/23/2025Buy Now—Telsey Advisory Group
Joseph Feldman66%
$100 → $90MaintainsOutperformGet Alert
05/19/2025Buy Now—Wells Fargo
Zachary Fadem84%
$85 → $75MaintainsEqual-WeightGet Alert
04/14/2025Buy Now—DA Davidson
Michael Baker75%
$110 → $110MaintainsBuyGet Alert
04/08/2025Buy Now—Truist Securities
Scot Ciccarelli72%
$81 → $64MaintainsHoldGet Alert
04/03/2025Buy Now—Citigroup
Steven Zaccone61%
$93 → $70DowngradeBuy → NeutralGet Alert
03/05/2025Buy Now—Wells Fargo
Zachary Fadem84%
$89 → $85MaintainsEqual-WeightGet Alert
03/05/2025Buy Now—UBS
Michael Lasser78%
$115 → $105MaintainsBuyGet Alert
03/05/2025Buy Now—Loop Capital
Anthony Chukumba51%
$100 → $90MaintainsBuyGet Alert
03/05/2025Buy Now—Truist Securities
Scot Ciccarelli72%
$95 → $81MaintainsHoldGet Alert
03/05/2025Buy Now—DA Davidson
Michael Baker75%
$117 → $110MaintainsBuyGet Alert
03/05/2025Buy Now—Wedbush
Seth Basham66%
$90 → $83MaintainsNeutralGet Alert
03/05/2025Buy Now—Citigroup
Steven Zaccone61%
$105 → $93MaintainsBuyGet Alert
03/05/2025Buy Now—Piper Sandler
Peter Keith72%
$102 → $92MaintainsOverweightGet Alert
03/05/2025Buy Now—Keybanc
Bradley Thomas77%
—ReiteratesSector Weight → Sector WeightGet Alert
03/05/2025Buy Now—Evercore ISI Group
Greg Melich81%
$95 → $80MaintainsIn-LineGet Alert
03/05/2025Buy Now—JP Morgan
Christopher Horvers71%
$115 → $110MaintainsOverweightGet Alert
03/05/2025Buy Now—Guggenheim
Steven Forbes55%
$105 → $90MaintainsBuyGet Alert
03/05/2025Buy Now—Morgan Stanley
Simeon Gutman66%
$100 → $85MaintainsEqual-WeightGet Alert
03/05/2025Buy Now—B of A Securities
Elizabeth Suzuki60%
$80 → $75MaintainsUnderperformGet Alert
03/05/2025Buy Now—Telsey Advisory Group
Joseph Feldman66%
$110 → $100MaintainsOutperformGet Alert
03/04/2025Buy Now—Jefferies
Jonathan Matuszewski54%
$106 → $92MaintainsBuyGet Alert
03/03/2025Buy Now—Wedbush
Seth Basham66%
$90 → $90ReiteratesNeutral → NeutralGet Alert
02/27/2025Buy Now—Telsey Advisory Group
Joseph Feldman66%
$110 → $110MaintainsOutperformGet Alert
01/21/2025Buy Now—Morgan Stanley
Simeon Gutman66%
$105 → $100MaintainsEqual-WeightGet Alert
01/09/2025Buy Now—Barclays
Seth Sigman47%
$95 → $89MaintainsEqual-WeightGet Alert
12/18/2024Buy Now—Loop Capital
Anthony Chukumba51%
$100 → $100ReiteratesBuy → BuyGet Alert
11/29/2024Buy Now—Guggenheim
Steven Forbes55%
$110 → $105MaintainsBuyGet Alert
11/27/2024Buy Now—Wells Fargo
Zachary Fadem84%
$95 → $89MaintainsEqual-WeightGet Alert
11/27/2024Buy Now—UBS
Michael Lasser78%
$123 → $115MaintainsBuyGet Alert
11/27/2024Buy Now—Truist Securities
Scot Ciccarelli72%
$107 → $95MaintainsHoldGet Alert
11/27/2024Buy Now—Citigroup
Steven Zaccone61%
$109 → $101MaintainsBuyGet Alert
11/27/2024Buy Now—Loop Capital
Anthony Chukumba51%
$110 → $100MaintainsBuyGet Alert
11/26/2024Buy Now—Telsey Advisory Group
Joseph Feldman66%
$115 → $110MaintainsOutperformGet Alert
11/22/2024Buy Now—JP Morgan
Christopher Horvers71%
$111 → $117MaintainsOverweightGet Alert
11/08/2024Buy Now—Citigroup
Steven Zaccone61%
$115 → $109MaintainsBuyGet Alert
10/15/2024Buy Now—DA Davidson
Michael Baker75%
$117 → $117MaintainsBuyGet Alert
09/23/2024Buy Now—Melius Research
Karen Short52%
→ $100Initiates → HoldGet Alert
09/03/2024Buy Now—Goldman Sachs
Kate McShane67%
$95 → $116MaintainsBuyGet Alert
08/30/2024Buy Now—Wells Fargo
Zachary Fadem84%
$80 → $95MaintainsEqual-WeightGet Alert
08/30/2024Buy Now—Telsey Advisory Group
Joseph Feldman66%
$95 → $115MaintainsOutperformGet Alert
08/30/2024Buy Now—Citigroup
Steven Zaccone61%
$100 → $115MaintainsBuyGet Alert
08/30/2024Buy Now—JP Morgan
Christopher Horvers71%
$101 → $111MaintainsOverweightGet Alert
08/30/2024Buy Now—Wedbush
Seth Basham66%
$85 → $95MaintainsNeutralGet Alert
08/30/2024Buy Now—Barclays
Seth Sigman47%
$81 → $95MaintainsEqual-WeightGet Alert
08/30/2024Buy Now—UBS
Michael Lasser78%
$106 → $123MaintainsBuyGet Alert
08/30/2024Buy Now—Piper Sandler
Peter Keith72%
$100 → $114ReiteratesOverweight → OverweightGet Alert
08/30/2024Buy Now—Truist Securities
Scot Ciccarelli72%
$86 → $107MaintainsHoldGet Alert
08/30/2024Buy Now—Evercore ISI Group
Greg Melich81%
$90 → $94MaintainsIn-LineGet Alert
08/30/2024Buy Now—Loop Capital
Anthony Chukumba51%
$100 → $110MaintainsBuyGet Alert
08/30/2024Buy Now—B of A Securities
Elizabeth Suzuki60%
$70 → $80MaintainsUnderperformGet Alert
08/23/2024Buy Now—Telsey Advisory Group
Joseph Feldman66%
$95 → $95MaintainsOutperformGet Alert
07/01/2024Buy Now—Truist Securities
Scot Ciccarelli72%
$86 → $86MaintainsHoldGet Alert
06/17/2024Buy Now—UBS
Michael Lasser78%
$85 → $106UpgradeNeutral → BuyGet Alert
06/07/2024Buy Now—Loop Capital
Anthony Chukumba51%
$93 → $100MaintainsBuyGet Alert
06/03/2024Buy Now—Citigroup
Steven Zaccone61%
$67 → $100UpgradeSell → BuyGet Alert
05/31/2024Buy Now—DA Davidson
Michael Baker75%
$90 → $95MaintainsBuyGet Alert
05/31/2024Buy Now—Truist Securities
Scot Ciccarelli72%
$87 → $86MaintainsHoldGet Alert
05/31/2024Buy Now—Evercore ISI Group
Greg Melich81%
$80 → $90MaintainsIn-LineGet Alert
05/30/2024Buy Now—Telsey Advisory Group
Joseph Feldman66%
$95 → $95MaintainsOutperformGet Alert
05/28/2024Buy Now—Wedbush
Seth Basham66%
$85 → $85ReiteratesNeutral → NeutralGet Alert
05/23/2024Buy Now—Telsey Advisory Group
Joseph Feldman66%
$95 → $95MaintainsOutperformGet Alert
05/07/2024Buy Now—Citigroup
Steven Zaccone61%
$76 → $67MaintainsSellGet Alert
03/22/2024Buy Now—JP Morgan
Christopher Horvers71%
$89 → $101UpgradeNeutral → OverweightGet Alert
03/20/2024Buy Now—Telsey Advisory Group
Joseph Feldman66%
$85 → $95UpgradeMarket Perform → OutperformGet Alert
03/01/2024Buy Now—Morgan Stanley
Simeon Gutman66%
$80 → $82MaintainsEqual-WeightGet Alert
03/01/2024Buy Now—Citigroup
Steven Zaccone61%
$67 → $76MaintainsSellGet Alert
03/01/2024Buy Now—UBS
Michael Lasser78%
$82 → $85MaintainsNeutralGet Alert
03/01/2024Buy Now—JP Morgan
Christopher Horvers71%
$78 → $89MaintainsNeutralGet Alert
03/01/2024Buy Now—Barclays
Seth Sigman47%
$69 → $81MaintainsEqual-WeightGet Alert
03/01/2024Buy Now—Goldman Sachs
Kate McShane67%
$81 → $90MaintainsBuyGet Alert
03/01/2024Buy Now—Wedbush
Seth Basham66%
$75 → $85MaintainsNeutralGet Alert
03/01/2024Buy Now—Truist Securities
Scot Ciccarelli72%
$68 → $87MaintainsHoldGet Alert
03/01/2024Buy Now—Telsey Advisory Group
Joseph Feldman66%
$75 → $85MaintainsMarket PerformGet Alert
02/26/2024Buy Now—Telsey Advisory Group
Joseph Feldman66%
→ $75ReiteratesMarket Perform → Market PerformGet Alert
01/24/2024Buy Now—Wedbush
Seth Basham66%
$70 → $75MaintainsNeutralGet Alert
12/11/2023Buy Now—Jefferies
Jonathan Matuszewski54%
$69 → $89UpgradeHold → BuyGet Alert
11/22/2023Buy Now—Evercore ISI Group
Greg Melich81%
$75 → $70MaintainsIn-LineGet Alert
11/22/2023Buy Now—Truist Securities
Scot Ciccarelli72%
$74 → $68MaintainsHoldGet Alert
11/22/2023Buy Now—Wedbush
Seth Basham66%
→ $70ReiteratesNeutral → NeutralGet Alert
11/22/2023Buy Now—Telsey Advisory Group
Joseph Feldman66%
$80 → $75MaintainsMarket PerformGet Alert
11/17/2023Buy Now—Telsey Advisory Group
Joseph Feldman66%
$85 → $80MaintainsMarket PerformGet Alert
11/13/2023Buy Now—UBS
Michael Lasser78%
$85 → $76MaintainsNeutralGet Alert
11/13/2023Buy Now—Wells Fargo
Zachary Fadem84%
$80 → $65MaintainsEqual-WeightGet Alert
11/10/2023Buy Now—Wedbush
Seth Basham66%
$82 → $70MaintainsNeutralGet Alert
10/19/2023Buy Now—Goldman Sachs
Kate McShane67%
$79 → $85UpgradeNeutral → BuyGet Alert
10/05/2023Buy Now—Truist Securities
Scot Ciccarelli72%
$80 → $74MaintainsHoldGet Alert
08/31/2023Buy Now—Morgan Stanley
Simeon Gutman66%
$75 → $80MaintainsEqual-WeightGet Alert
08/30/2023Buy Now—DA Davidson
Michael Baker75%
$87 → $90MaintainsBuyGet Alert
08/30/2023Buy Now—Goldman Sachs
Kate McShane67%
$77 → $79MaintainsNeutralGet Alert
08/30/2023Buy Now—Truist Securities
Scot Ciccarelli72%
$77 → $88MaintainsHoldGet Alert
08/30/2023Buy Now—UBS
Michael Lasser78%
$87 → $85MaintainsNeutralGet Alert
08/30/2023Buy Now—Guggenheim
Steven Forbes55%
→ $86ReiteratesBuy → BuyGet Alert
08/30/2023Buy Now—Wedbush
Seth Basham66%
$72 → $82MaintainsNeutralGet Alert
08/30/2023Buy Now—Telsey Advisory Group
Joseph Feldman66%
$78 → $85MaintainsMarket PerformGet Alert
08/21/2023Buy Now—Telsey Advisory Group
Joseph Feldman66%
→ $78ReiteratesMarket Perform → Market PerformGet Alert
08/02/2023Buy Now—Citigroup
Steven Zaccone61%
$62 → $70MaintainsSellGet Alert
05/26/2023Buy Now—DA Davidson
Michael Baker75%
$96 → $87MaintainsBuyGet Alert
05/26/2023Buy Now—Truist Securities
Scot Ciccarelli72%
$88 → $77MaintainsHoldGet Alert
05/26/2023Buy Now—Wells Fargo
Zachary Fadem84%
$80 → $75MaintainsEqual-WeightGet Alert

FAQ

Q

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

A

The latest price target for Best Buy Co (NYSE:BBY) was reported by Wedbush on May 23, 2025. The analyst firm set a price target for $75.00 expecting BBY to rise to within 12 months (a possible 6.29% upside). 61 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 Wedbush, and Best Buy Co their neutral rating.

Q

When was the last upgrade for Best Buy Co (BBY)?

A

The last upgrade for Best Buy Co Inc happened on June 17, 2024 when UBS raised their price target to $106. UBS previously had a neutral for Best Buy Co Inc.

Q

When was the last downgrade for Best Buy Co (BBY)?

A

The last downgrade for Best Buy Co Inc happened on April 3, 2025 when Citigroup changed their price target from $93 to $70 for Best Buy Co Inc.

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 May 23, 2025 so you should expect the next rating to be made available sometime around May 23, 2026.

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 with a price target of $0.00 to $75.00. The current price Best Buy Co (BBY) is trading at is $70.56, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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