BBY icon

Best Buy

66.28 USD
-0.16
0.24%
Updated Jul 30, 11:43 AM EDT
1 day
-0.24%
5 days
-4.04%
1 month
-1.27%
3 months
-0.61%
6 months
-23.69%
Year to date
-23.08%
1 year
-22.34%
5 years
-33.74%
10 years
106.35%
 

About: With over $41 billion in consolidated 2024 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8% share of the North American market and around 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Employees: 85,000

0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 9 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

0.2% more ownership

Funds ownership: 83.59% [Q4 2024] → 83.79% (+0.2%) [Q1 2025]

7% less repeat investments, than reductions

Existing positions increased: 297 | Existing positions reduced: 319

4% less funds holding

Funds holding: 837 [Q4 2024] → 802 (-35) [Q1 2025]

15% less capital invested

Capital invested by funds: $15.3B [Q4 2024] → $13B (-$2.32B) [Q1 2025]

19% less first-time investments, than exits

New positions opened: 95 | Existing positions closed: 117

33% less call options, than puts

Call options by funds: $226M | Put options by funds: $335M

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$67
1%
upside
Avg. target
$78
18%
upside
High target
$90
36%
upside

9 analyst ratings

positive
44%
neutral
56%
negative
0%
Piper Sandler
Peter Keith
13%upside
$75
Neutral
Downgraded
14 Jul 2025
Guggenheim
Steven Forbes
36%upside
$90
Buy
Reiterated
10 Jun 2025
Loop Capital
Anthony Chukumba
21%upside
$80
Buy
Maintained
30 May 2025
Truist Securities
Scot Ciccarelli
4%upside
$69
Hold
Maintained
30 May 2025
Barclays
Seth Sigman
12%upside
$74
Equal-Weight
Maintained
30 May 2025

Financial journalist opinion

Based on 8 articles about BBY published over the past 30 days

Positive
Zacks Investment Research
22 hours ago
GameStop vs. Best Buy: Which Retail Stock Has Better Upside?
GME's turnaround gains traction with collectibles growth and margin lifts, outshining BBY's cautious outlook.
GameStop vs. Best Buy: Which Retail Stock Has Better Upside?
Neutral
MarketBeat
3 days ago
Retail's Comeback: 3 High-ROIC Stocks That Could Outshine AI
It's no secret that the retail sector is now one of the most forgotten areas of the market, whether it is because artificial intelligence (AI) names have taken the bulk of the attention—and capital—in the entire industry, or whether ongoing trade tariff negotiations have pushed investors away from this space in fear of further volatility and uncertainty.
Retail's Comeback: 3 High-ROIC Stocks That Could Outshine AI
Neutral
GlobeNewsWire
6 days ago
Consumer Electronics Repair And Maintenance Market Forecasts 2024-2033 Featuring Cableshoppe, Redington, Electronix, B2X Care Solutions, Encompass Parts, uBreakiFix, Asurion, Best Buy
The global consumer electronics repair market, valued at USD 18.62 billion in 2024, is projected to grow to USD 31.03 billion by 2033, fueled by a 5.84% CAGR from 2025-2033. This growth is driven by the demand for prolonged device lifecycles, cost-effective repair solutions, sustainability, and e-waste reduction. The sector encompasses various products and services, including authorized and independent repair providers for home appliances, personal and entertainment devices. Key growth factors include electronic waste management, cost-efficiency over replacements, and government support for right-to-repair initiatives, despite challenges like limited spare parts availability and rapid tech advancements. Major markets include the US, France, India, and Saudi Arabia, with leading players like uBreakiFix and Best Buy shaping the landscape. The global consumer electronics repair market, valued at USD 18.62 billion in 2024, is projected to grow to USD 31.03 billion by 2033, fueled by a 5.84% CAGR from 2025-2033. This growth is driven by the demand for prolonged device lifecycles, cost-effective repair solutions, sustainability, and e-waste reduction. The sector encompasses various products and services, including authorized and independent repair providers for home appliances, personal and entertainment devices. Key growth factors include electronic waste management, cost-efficiency over replacements, and government support for right-to-repair initiatives, despite challenges like limited spare parts availability and rapid tech advancements. Major markets include the US, France, India, and Saudi Arabia, with leading players like uBreakiFix and Best Buy shaping the landscape.
Consumer Electronics Repair And Maintenance Market Forecasts 2024-2033 Featuring Cableshoppe, Redington, Electronix, B2X Care Solutions, Encompass Parts, uBreakiFix, Asurion, Best Buy
Positive
Seeking Alpha
2 weeks ago
3 Ideal July Buys And 7 To Watch From 47 'Safer' Dividends In 100 Barron's Sustainable Dogs
Barron's eighth annual (2025) ranking of sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: shareholders, employees, customers, community, and planet. Top-yielding sustainable stocks like Avient, Interpublic, and Campbell's offer attractive net gain potential, with average analyst-estimated returns of 26.26% for the top ten. Seventeen dividend payers show negative free cash flow margins, signaling caution; only three 'safer' stocks—Campbell's, Regions Financial, and Hormel—meet the ideal dividend-to-price ratio.
3 Ideal July Buys And 7 To Watch From 47 'Safer' Dividends In 100 Barron's Sustainable Dogs
Positive
24/7 Wall Street
2 weeks ago
The S&P is Running Hot, But These 5% Dividend Stocks are Still So Cheap
The S&P 500 has been quite a steady rock, demonstrating far more resilience than I would have thought in the face of new tariff threats and rising geopolitical uncertainty.
The S&P is Running Hot, But These 5% Dividend Stocks are Still So Cheap
Positive
Seeking Alpha
3 weeks ago
Best Buy: Rating Upgrade On Good Tariff Management And Positive Growth Outlook
I upgrade Best Buy to buy as tariff risks have been substantially mitigated, de-risking the equity story and improving margin visibility. Momentum in the PC refresh cycle and the upcoming Switch 2 launch provide clear catalysts for BBY's revenue growth acceleration in the near term. High-margin initiatives like the US third-party marketplace and Best Buy Ads are scaling well, offering long-term margin expansion potential.
Best Buy: Rating Upgrade On Good Tariff Management And Positive Growth Outlook
Positive
Seeking Alpha
3 weeks ago
Best Buy: An Attractive 5% Dividend Yield That Could Increase If Catalyst Plays Out
FY2025, Best Buy incurred restructuring charges related to its Health segment. Despite the significant headwind Best Buy faces, it is still a retail market leader, focusing on consumer electronics. The cyclical recovery of its core business, Best Buy marketplace, and advertising could be a significant future catalyst for Best Buy.
Best Buy: An Attractive 5% Dividend Yield That Could Increase If Catalyst Plays Out
Positive
The Motley Fool
4 weeks ago
10 Magnificent S&P 500 Dividend Stocks Down 10% to Buy and Hold Forever
Since it briefly dipped into bear market territory in April, the S&P 500 has rebounded nicely, and many of the most attractive bargains in the market from that time no longer exist. But there are some stocks that are still trading for attractive valuations.
10 Magnificent S&P 500 Dividend Stocks Down 10% to Buy and Hold Forever
Positive
Seeking Alpha
1 month ago
10 'Safer' Dividend Buys Of Barron's Better Bets Than T-Bills For June
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” — Barron's Weekly. In Barron's, Steven Wieting, strategist at Citi Wealth, noted that a growing dividend is a tangible benefit for shareholders and a hallmark of companies with strong balance sheets. "Nobody can fake a dividend," he said.
10 'Safer' Dividend Buys Of Barron's Better Bets Than T-Bills For June
Positive
24/7 Wall Street
1 month ago
JPMorgan's Analyst Focus List Has 4 Strong Buy Ultra-High-Yield Dividend Giants as Top Picks
All the major Wall Street firms we cover here at 24/7 Wall St. have a list of the top stock picks for their institutional and retail clients to invest in.
JPMorgan's Analyst Focus List Has 4 Strong Buy Ultra-High-Yield Dividend Giants as Top Picks
Charts implemented using Lightweight Charts™