BBY icon

Best Buy

73.83 USD
-0.69
0.93%
At close Updated Sep 18, 11:25 AM EDT
1 day
-0.93%
5 days
-5.35%
1 month
2.83%
3 months
8.96%
6 months
0.96%
Year to date
-14.32%
1 year
-25.48%
5 years
-30.07%
10 years
96.72%
 

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 7,463 funds
0
Analysts bullish %
of 10 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

15% more repeat investments, than reductions

Existing positions increased: 320 | Existing positions reduced: 278

1.13% more ownership

Funds ownership: 84.18% [Q1] → 85.31% (+1.13%) [Q2]

6% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 110

1% less funds holding

Funds holding: 806 [Q1] → 800 (-6) [Q2]

7% less capital invested

Capital invested by funds: $13.1B [Q1] → $12.1B (-$952M) [Q2]

26% less call options, than puts

Call options by funds: $284M | Put options by funds: $385M

Research analyst outlook

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

Low target
$60
19% downside
Avg. target
$78
5% upside
High target
$90
22% upside

10 analyst ratings

positive
30%
neutral
60%
negative
10%
JP Morgan
Christopher Horvers
$89
Overweight
Maintained
29 Aug 2025
Wedbush
Alicia Reese
$75
Neutral
Maintained
29 Aug 2025
Guggenheim
Steven Forbes
$90
Buy
Reiterated
29 Aug 2025
Wells Fargo
Zachary Fadem
$75
Equal-Weight
Maintained
29 Aug 2025
Barclays
Seth Sigman
$74
Equal-Weight
Maintained
29 Aug 2025

Financial journalist opinion

Based on 48 articles about BBY published over the past 30 days

Neutral
Business Wire
3 days ago
Best Buy Unveils What's Ahead for Customers this Holiday Season
MINNEAPOLIS--(BUSINESS WIRE)--The school year is underway and football Sundays are back. With this unofficial start of fall, holiday is near — and for those ready to kick off their planning, Best Buy is sharing a first look at how it's prepared to create holiday magic like never before. This year, Best Buy is packing the season with huge savings, next-level shopping experiences and products for gifting and hosting that'll fit every budget. Plus, there are even more ways to get inspired and expl.
Best Buy Unveils What's Ahead for Customers this Holiday Season
Neutral
Business Wire
6 days ago
Best Buy Appoints Meghan Frank to Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE: BBY) has appointed Meghan Frank, a leading global retail and finance executive, to its Board of Directors, effective immediately. Frank is the chief financial officer of lululemon, a global athletic apparel, footwear, and accessories company, and has held that role since Nov. 2020. In this role, Frank oversees finance, tax, treasury, investor relations, asset protection, facilities, planning and allocations, and strategy. Prior to her curr.
Best Buy Appoints Meghan Frank to Board of Directors
Positive
Barrons
8 days ago
Buybacks Hit Record in First Half of Year. These Stocks Are Benefiting the Most
A Goldman Sachs report shows that companies that have been more aggressive purchasers of their own shares, do better than the broader market.
Buybacks Hit Record in First Half of Year. These Stocks Are Benefiting the Most
Positive
24/7 Wall Street
13 days ago
Retail Stock Rally: How Far Can Best Buy, Kohl's, and Macy's Go?
Retail Stock Rally: How Far Can Best Buy, Kohl's, and Macy's Go?
Positive
CNBC Television
13 days ago
Best Buy CEO Corie Barry on new third-party marketplace
Best Buy CEO Corie Barry on Thursday said the consumer electronics retailer's new U.S. third-party marketplace provides a greater product assortment for customers and helps the company develop relationships with new vendors.
Best Buy CEO Corie Barry on new third-party marketplace
Positive
CNBC Television
13 days ago
Best Buy CEO: Reaffirming guidance gives us room to be clear about expectations for rest of year
Corie Barry, Best Buy CEO, talks with CNBC's Courtney Reagan to discuss the company's most recent quarter, expectations for potential tariff impact, and much more.
Best Buy CEO: Reaffirming guidance gives us room to be clear about expectations for rest of year
Positive
Seeking Alpha
15 days ago
Best Buy: Multiple Drivers To Support Earnings Growth
BBY's strong 2Q25 results and accelerating comp sales signal a durable top-line recovery and de-risk the 2H25 outlook. Key growth drivers include the Windows 10 hardware refresh, Nintendo Switch 2 launch, and robust computing and gaming demand. Strategic initiatives like the third-party marketplace and Ads business provide clear paths for margin expansion and long-term earnings growth.
Best Buy: Multiple Drivers To Support Earnings Growth
Positive
PYMNTS
15 days ago
Best Buy Lets Customers Get Electronics Delivered Via Uber
Uber has teamed with Best Buy to provide electronics deliveries via the Uber Eats platform. This partnership, which launched Tuesday (Sept.
Best Buy Lets Customers Get Electronics Delivered Via Uber
Positive
Seeking Alpha
18 days ago
8 'Safer' Dividend Buys In Barron's 23 Better Bets (BBB) Than T-Bills August Report
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 reported in October 2024. In a Barron's interview, Steven Wieting, strategist at Citi Wealth, said growing-dividends are tangible-benefits for shareholders and identify companies with strong balance-sheets. "Nobody can fake a dividend," he said.
8 'Safer' Dividend Buys In Barron's 23 Better Bets (BBB) Than T-Bills August Report
Neutral
GlobeNewsWire
19 days ago
INIU Enters Best Buy Stores Nationwide, Expanding U.S. Reach for Fast, Reliable Charging
INIU, a leading provider of mobile energy solutions, is now offering its flagship portable chargers both online and in-store at Best Buy as part of its growing U.S. retail network. INIU, a leading provider of mobile energy solutions, is now offering its flagship portable chargers both online and in-store at Best Buy as part of its growing U.S. retail network.
INIU Enters Best Buy Stores Nationwide, Expanding U.S. Reach for Fast, Reliable Charging
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