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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
8 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
$100.50
▲(17.48% Upside)
| Highest Price Target$117.00 | Average Price Target$100.50 | 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
Loop Capital Markets
Reiterated
12/18/24
Evercore ISI
Initiated
12/18/24
Jefferies
Reiterated
12/17/24
Guggenheim
Reiterated
11/29/24
Truist Financial
Upgraded
11/27/24
Oppenheimer
Reiterated
11/27/24
Telsey Advisory
Reiterated
11/27/24
Wedbush
Reiterated
11/27/24
Barclays
$95
Hold
11.05%
Upside
Reiterated
11/27/24
Barclays Sticks to Its Hold Rating for Best Buy Co (BBY)
Wells Fargo
$89
Hold
4.03%
Upside
Assigned
11/26/24
Best Buy Co. Receives Hold Rating Amid Challenging Outlook and Mixed Performance Signals
Bank of America Securities
$80
Sell
-6.49%
Downside
Reiterated
11/26/24
Challenges Ahead: Best Buy Co. Receives Sell Rating Amidst Earnings Shortfall and Growth Concerns
J.P. Morgan
$117→$115
Buy
34.42%
Upside
Reiterated
11/26/24
Analysts Offer Insights on Consumer Cyclical Companies: Best Buy Co (NYSE: BBY), Burlington Stores (NYSE: BURL) and Chewy (NYSE: CHWY)
Morgan Stanley
$105
Hold
22.74%
Upside
Reiterated
11/26/24
Hold Rating Maintained for Best Buy Co Amid Market Challenges and Uncertain Margin Expansion
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
12/20 ratings generated profit
Average Return
+0.75%
assigned a xxx
rating 24 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 60.00% of your transactions generating a profit, with an average return of +0.75% per trade.
3 Months
xxx
Success Rate
15/27 ratings generated profit
Average Return
+0.35%
reiterated a xxx
rating 2 months ago
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 +0.35% per trade.
1 Year
Success Rate
33/46 ratings generated profit
Average Return
+13.29%
reiterated a buy rating 3 days ago
Copying Anthony Chukumba's trades and holding each position for 1 Year would result in 71.74% of your transactions generating a profit, with an average return of +13.29% per trade.
2 Years
xxx
Success Rate
34/46 ratings generated profit
Average Return
+20.17%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 73.91% of your transactions generating a profit, with an average return of +20.17% 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
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
0
0
0
0
0
Buy
21
20
19
16
14
Hold
13
13
11
13
12
Sell
2
2
3
3
3
Strong Sell
0
0
0
0
0
total
36
35
33
32
29
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 $100.50.
What is BBY’s upside potential, based on the analysts’ average price target?
Best Buy Co has 17.48% 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 8 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 $100.50. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $117.00 ,the lowest forecast is $80.00. The average price target represents 17.48% Increase from the current price of $85.55.
The highest analyst price target is $117.00 ,the lowest forecast is $80.00. The average price target represents 17.48% Increase from the current price of $85.55.
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 17 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.