Best Buy Co., Inc. (BBY) Analyst Estimates & Price Targets

Best Buy Co., Inc. (BBY) — Price $93.87 (closing price, November 3, 2026) — Consumer Cyclical — Specialty Retail — NYSE

Latest reported results:

Wall Street analyst estimates for Best Buy Co., Inc. (BBY): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.

Best Buy Co., Inc. operates as a prominent technology retailer across the United States and Canada. Its business structure is segmented into Domestic and International operations. The company's extensive product selection includes a wide array of computing devices such as desktops, notebooks, and associated peripherals, alongside mobile phones (which generate commissions from network carriers), networking equipment, and tablets (including e-readers).

Consensus price target

$84.08 (-10% vs price $93.87)

between $60.00 and $100.00

Closing price, Nov 3

A twelve-month target is not a fair value: compare it with the range in the Valuation tab.

Revenue and EPS estimates

Fiscal yearRevenue (average)Revenue (low – high)EPS (average)Analysts
2027E$42.7B$42.4B – $42.9B$6.8115
2028E$43.4B$43.1B – $43.9B$7.2215
2029E$44.2B$43.5B – $44.8B$7.816

Fiscal year ending in January · figures in USD · consensus as of November 2, 2026

Analyst Consensus

Strong Buy0
Buy11
Hold24
Sell6
Strong Sell0
Total analysts41
Avg rating (−2 sell to +2 buy)0.12

Recent Earnings Surprises

DateEPS ActualEPS Est.vs Est.
2026-11-24$1.48
2026-08-27$1.47$1.39+5.8%
2026-05-28$1.28$1.23+4.1%
2026-03-03$2.61$2.46+6.1%
2025-11-25$1.40$1.31+6.9%
2025-08-28$1.28$1.21+5.8%
2025-05-29$1.15$1.10+4.5%
2025-03-04$2.58$2.41+7.1%

Valuation Ratios

P/E Ratio15.62
Price / Book6.38
Dividend Yield3.98%

Income Statement (10y)

Year2017201820192020202120222023202420252026
Revenue$39.40B$42.15B$42.88B$43.64B$47.26B$51.76B$46.30B$43.45B$41.53B$41.69B
Cost of Revenue$29.96B$32.27B$32.92B$33.59B$36.69B$40.12B$36.39B$33.85B$32.14B$32.32B
Gross Profit$9.44B$9.88B$9.96B$10.05B$10.57B$11.64B$9.91B$9.60B$9.38B$9.37B
Research & Development0000000000
Selling, General & Admin$7.55B$8.02B$8.02B$8.00B$7.93B$8.54B$7.88B$7.82B$7.65B$7.62B
Operating Expenses$7.59B$8.03B$8.06B$8.04B$8.18B$8.60B$8.12B$8.03B$7.65B$7.62B
Operating Income$1.85B$1.84B$1.90B$2.01B$2.39B$3.00B$1.79B$1.57B$1.73B$1.75B
EBITDA$2.54B$2.58B$2.73B$2.87B$3.27B$3.92B$2.74B$2.60B$2.21B$2.28B
Interest Expense$72.0M$75.0M$73.0M$64.0M$52.0M$25.0M$35.0M$52.0M$51.0M$47.0M
Pre-tax Income$1.82B$1.82B$1.89B$1.99B$2.38B$3.03B$1.79B$1.62B$1.30B$1.41B
Income Tax$609.0M$818.0M$424.0M$452.0M$579.0M$574.0M$370.0M$381.0M$372.0M$337.0M
Net Income$1.23B$1.00B$1.46B$1.54B$1.80B$2.45B$1.42B$1.24B$927.0M$1.07B
EPS$3.86$3.33$5.30$5.82$6.93$9.94$6.31$5.70$4.31$5.06
EPS (Diluted)$3.81$3.26$5.20$5.75$6.84$9.84$6.29$5.68$4.28$5.04
Shares Outstanding (Diluted)322.6 M307.1 M281.4 M268.1 M263.0 M249.3 M225.7 M218.5 M216.6 M212.1 M

Price

Price$93.87 (closing price, November 3, 2026)
Market Cap$19.7B
ExchangeNYSE
CountryUS

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Explore sector: Consumer Cyclical · Specialty Retail

More sections of BBY: Overview · Financials · Valuation · Technical · Ownership

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