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Best Buy Co (BBY)
NYSE:BBY
Holding BBY?
Track your performance easily
See the Price Targets and Ratings of:
BBY Analyst Ratings
Moderate Buy
9 Buy
8 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
BBY Stock 12 Month Forecast
Average Price Target
$105.94
▲(22.09% Upside)
| Highest Price Target$123.00 | Average Price Target$105.94 | Lowest Price Target$80.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
Reiterated
11/18/24
Citi
Reiterated
11/08/24
D.A. Davidson
Reiterated
10/15/24
Oppenheimer
Reiterated
10/11/24
Bank of America Securities
Reiterated
10/11/24
Jefferies
Reiterated
10/09/24
J.P. Morgan
Reiterated
09/27/24
Wells Fargo
Reiterated
09/23/24
Melius Research
Initiated
09/23/24
Loop Capital Markets
Reiterated
09/10/24
Telsey Advisory
$115
Buy
32.53%
Upside
Upgraded
09/05/24
Telsey Advisory upgrades Best Buy Co (BBY) to a Buy
Goldman Sachs
$95→$116
Buy
33.69%
Upside
Assigned
09/04/24
Best Buy (BBY) PT Raised to $116 at Goldman SachsGoldman Sachs analyst Kate McShane raised the price target on Best Buy (NYSE: BBY) to $116.00 (from $95.00) while maintaining a Buy rating.
Truist Financial
―
Hold
―
Reiterated
08/30/24
Best Buy Co (BBY) Receives a Rating Update from a Top Analyst
UBS
$106→$123
Buy
41.75%
Upside
Reiterated
08/30/24
Best Buy price target raised to $123 from $106 at UBSBest Buy price target raised to $123 from $106 at UBS
Piper Sandler
$114
Buy
31.38%
Upside
Assigned
08/30/24
Best Buy Co (BBY) Gets a Buy from Piper Sandler
Best Analysts Covering Best Buy Co
Which Analyst Should I Follow If I Want to Buy BBY and Sell After:
1 Month
xxx
Success Rate
13/20 ratings generated profit
Average Return
+0.86%
reiterated a xxx
rating 13 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 65.00% of your transactions generating a profit, with an average return of +0.86% per trade.
3 Months
xxx
Success Rate
15/27 ratings generated profit
Average Return
+0.48%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 55.56% of your transactions generating a profit, with an average return of +0.48% per trade.
1 Year
Success Rate
33/44 ratings generated profit
Average Return
+14.55%
reiterated a buy rating 2 months ago
Copying Anthony Chukumba's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +14.55% per trade.
2 Years
xxx
Success Rate
34/44 ratings generated profit
Average Return
+22.15%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 77.27% of your transactions generating a profit, with an average return of +22.15% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
BBY Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
0
0
0
0
0
Buy
17
21
20
19
8
Hold
10
13
13
11
4
Sell
4
2
2
3
1
Strong Sell
0
0
0
0
0
total
31
36
35
33
13
Each month's total comprises the sum of three months' worth of ratings.
BBY Financial Forecast
BBY Stock Forecast FAQ
What is BBY’s average 12-month price target, according to analysts?
Based on analyst ratings, Best Buy Co’s 12-month average price target is $105.94.
What is BBY’s upside potential, based on the analysts’ average price target?
Best Buy Co has 22.09% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is BBY a Buy, Sell or Hold?
Best Buy Co has a consensus rating of Moderate Buy which is based on 9 buy ratings, 8 hold ratings and 1 sell ratings.
What is Best Buy Co’s price target?
The average price target for Best Buy Co is $105.94. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $123.00 ,the lowest forecast is $80.00. The average price target represents 22.09% Increase from the current price of $86.77.
The highest analyst price target is $123.00 ,the lowest forecast is $80.00. The average price target represents 22.09% Increase from the current price of $86.77.
What do analysts say about Best Buy Co?
Best Buy Co’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 18 Wall Streets Analysts.
How can I buy shares of BBY?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.