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Best Buy Co. (MX:BBY)
NYSE:BBY
Mexico Market

Best Buy Co (BBY) Stock Forecast & Price Target

Followers
See the Price Targets and Ratings of:

BBY Analyst Ratings

Hold
17Ratings
Hold
4 Buy
11 Hold
2 Sell
Based on 17 analysts giving stock ratings to
Best
Buy Co
in the past 3 months
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

$1,358.96
Based on 17 Wall Street analysts offering 12 month price targets for Best Buy Co in the last 3 months. The average price target is $1,358.96 with a high forecast of $1,575.80 and a low forecast of $1,033.02. The average price target represents a change from the last price of .
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 15,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 12, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1193.794,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1283.802,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n   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Highest Price Target$1,576Average Price Target$1,359Lowest Price Target$1,033
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​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Loop Capital Markets Analyst forecast on MX:BBY
Loop Capital Markets
Loop Capital Markets
$1,435.73
Hold
Downgraded
07/13/26
Best Buy downgraded to Hold from Buy at Loop CapitalBest Buy downgraded to Hold from Buy at Loop Capital
Argus Research Analyst forecast on MX:BBY
Argus Research
Argus Research
$1,348.18
Hold
Reiterated
06/26/26
Argus Research Remains a Hold on Best Buy Co (BBY)
Jefferies
$1,558.29
Buy
Reiterated
06/24/26
Analysts Offer Insights on Consumer Cyclical Companies: Best Buy Co (NYSE: BBY) and Ralph Lauren (NYSE: RL)
Telsey Advisory Analyst forecast on MX:BBY
Telsey Advisory
Telsey Advisory
$1,575.8
Buy
Reiterated
06/23/26
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: KB Home (NYSE: KBH) and Best Buy Co (NYSE: BBY)
Truist Financial Analyst forecast on MX:BBY
Truist Financial
Truist Financial
Hold
Reiterated
06/22/26
Analysts Conflicted on These Consumer Cyclical Names: Best Buy Co (NYSE: BBY), Churchill Downs (NASDAQ: CHDN) and Airbnb (NASDAQ: ABNB)
KeyBanc
Hold
Reiterated
06/22/26
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Prosus (Other OTC: PROSF), Best Buy Co (NYSE: BBY) and Bayerische Motoren Werke Aktiengesellschaft (Other OTC: BAMXF)
D.A. Davidson Analyst forecast on MX:BBY
D.A. Davidson
D.A. Davidson
Buy
Reiterated
06/22/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Nike (NYSE: NKE), Best Buy Co (NYSE: BBY) and Dutch Bros Inc (NYSE: BROS)
Citi
$1,050.53$1,383.2
Hold
Assigned
06/01/26
Analysts Offer Insights on Consumer Cyclical Companies: Kohl's (NYSE: KSS), Gap Inc (NYSE: GAP) and Best Buy Co (NYSE: BBY)
Raymond James Analyst forecast on MX:BBY
Unknown Analyst
Raymond James
Not Ranked
Raymond James
Hold
Reiterated
05/29/26
UBS
$1,488.25$1,505.76
Hold
Downgraded
05/29/26
Best Buy downgraded to Neutral from Buy at UBSBest Buy downgraded to Neutral from Buy at UBS
J.P. Morgan
$1,330.67$1,470.74
Hold
Assigned
05/29/26
Best Buy price target raised to $84 from $76 at JPMorganBest Buy price target raised to $84 from $76 at JPMorgan
Morgan Stanley Analyst forecast on MX:BBY
Morgan Stanley
Morgan Stanley
$1,260.64$1,400.71
Hold
Assigned
05/29/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Planet Fitness (NYSE: PLNT), Hyatt Hotels (NYSE: H) and Best Buy Co (NYSE: BBY)
Guggenheim Analyst forecast on MX:BBY
Unknown Analyst
Guggenheim
Not Ranked
Guggenheim
$1,575.8
Buy
Reiterated
05/28/26
Guggenheim Remains a Buy on Best Buy Co (BBY)
Bank of America Securities Analyst forecast on MX:BBY
Bank of America Securities
Bank of America Securities
$1,050.53
Sell
Reiterated
05/28/26
Best Buy: Sell Rating as Valuation Stretches Above $60 Target Amid Structural Retail Headwinds
Goldman Sachs Analyst forecast on MX:BBY
Goldman Sachs
Goldman Sachs
$1,033.02
Sell
Reiterated
05/28/26
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Gap Inc (NYSE: GAP), Best Buy Co (NYSE: BBY) and BRP (NASDAQ: DOO)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Loop Capital Markets Analyst forecast on MX:BBY
Loop Capital Markets
Loop Capital Markets
$1,435.73
Hold
Downgraded
07/13/26
Best Buy downgraded to Hold from Buy at Loop CapitalBest Buy downgraded to Hold from Buy at Loop Capital
Argus Research Analyst forecast on MX:BBY
Argus Research
Argus Research
$1,348.18
Hold
Reiterated
06/26/26
Argus Research Remains a Hold on Best Buy Co (BBY)
Jefferies
$1,558.29
Buy
Reiterated
06/24/26
Analysts Offer Insights on Consumer Cyclical Companies: Best Buy Co (NYSE: BBY) and Ralph Lauren (NYSE: RL)
Telsey Advisory Analyst forecast on MX:BBY
Telsey Advisory
Telsey Advisory
$1,575.8
Buy
Reiterated
06/23/26
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: KB Home (NYSE: KBH) and Best Buy Co (NYSE: BBY)
Truist Financial Analyst forecast on MX:BBY
Truist Financial
Truist Financial
Hold
Reiterated
06/22/26
Analysts Conflicted on These Consumer Cyclical Names: Best Buy Co (NYSE: BBY), Churchill Downs (NASDAQ: CHDN) and Airbnb (NASDAQ: ABNB)
KeyBanc
Hold
Reiterated
06/22/26
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Prosus (Other OTC: PROSF), Best Buy Co (NYSE: BBY) and Bayerische Motoren Werke Aktiengesellschaft (Other OTC: BAMXF)
D.A. Davidson Analyst forecast on MX:BBY
D.A. Davidson
D.A. Davidson
Buy
Reiterated
06/22/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Nike (NYSE: NKE), Best Buy Co (NYSE: BBY) and Dutch Bros Inc (NYSE: BROS)
Citi
$1,050.53$1,383.2
Hold
Assigned
06/01/26
Analysts Offer Insights on Consumer Cyclical Companies: Kohl's (NYSE: KSS), Gap Inc (NYSE: GAP) and Best Buy Co (NYSE: BBY)
Raymond James Analyst forecast on MX:BBY
Unknown Analyst
Raymond James
Not Ranked
Raymond James
Hold
Reiterated
05/29/26
UBS
$1,488.25$1,505.76
Hold
Downgraded
05/29/26
Best Buy downgraded to Neutral from Buy at UBSBest Buy downgraded to Neutral from Buy at UBS
J.P. Morgan
$1,330.67$1,470.74
Hold
Assigned
05/29/26
Best Buy price target raised to $84 from $76 at JPMorganBest Buy price target raised to $84 from $76 at JPMorgan
Morgan Stanley Analyst forecast on MX:BBY
Morgan Stanley
Morgan Stanley
$1,260.64$1,400.71
Hold
Assigned
05/29/26
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Planet Fitness (NYSE: PLNT), Hyatt Hotels (NYSE: H) and Best Buy Co (NYSE: BBY)
Guggenheim Analyst forecast on MX:BBY
Unknown Analyst
Guggenheim
Not Ranked
Guggenheim
$1,575.8
Buy
Reiterated
05/28/26
Guggenheim Remains a Buy on Best Buy Co (BBY)
Bank of America Securities Analyst forecast on MX:BBY
Bank of America Securities
Bank of America Securities
$1,050.53
Sell
Reiterated
05/28/26
Best Buy: Sell Rating as Valuation Stretches Above $60 Target Amid Structural Retail Headwinds
Goldman Sachs Analyst forecast on MX:BBY
Goldman Sachs
Goldman Sachs
$1,033.02
Sell
Reiterated
05/28/26
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Gap Inc (NYSE: GAP), Best Buy Co (NYSE: BBY) and BRP (NASDAQ: DOO)
Stocks with the Highest Top Analyst Consensus in the Consumer Cyclical Sector
GELYFGeely Automobile Holdings
CWHCamping World Holdings
ARLUFAristocrat Leisure
WYNNWynn Resorts
RLRalph Lauren
Find stocks in the Consumer Cyclical sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Best Buy Co

3 Months
Michael BakerD.A. Davidson
Success Rate
13/22 ratings generated profit
59%
Average Return
+5.38%
Copying Michael Baker's trades and holding each position for 3 Months would result in 59.09% of your transactions generating a profit, with an average return of +5.38% per trade.
1 Year
Steven ForbesGuggenheim
Success Rate
11/18 ratings generated profit
61%
Average Return
+6.58%
Copying Steven Forbes's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +6.58% per trade.
2 Years
Joe FeldmanTelsey Advisory
Success Rate
17/22 ratings generated profit
77%
Average Return
+12.01%
Copying Joe Feldman's trades and holding each position for 2 Years would result in 77.27% of your transactions generating a profit, with an average return of +12.01% 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
Mar 26
Apr 26
May 26
Jun 26
Jul 26
Strong Buy
1
1
0
0
0
Buy
6
6
10
12
11
Hold
17
16
20
18
17
Sell
1
3
5
4
2
Strong Sell
0
0
0
0
0
total
25
26
35
34
30
In the current month, BBY has received 11 Buy Ratings, 17 Hold Ratings, and 2 Sell Ratings. BBY average Analyst price target in the past 3 months is 1,358.96.
Each month's total comprises the sum of three months' worth of ratings.

BBY Financial Forecast

No data currently available

BBY Earnings Forecast

Currently, no earnings data available.
Currently, no earnings data available.
No data currently available

BBY Sales Forecast

Currently, no sales data available.
Currently, no sales data available.

BBY Stock Forecast FAQ

What is MX:BBY’s average 12-month price target, according to analysts?
Based on analyst ratings, Best Buy Co.’s 12-month average price target is 1,358.96.
    What is MX:BBY’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for MX:BBY, 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 Best Buy Co. a Buy, Sell or Hold?
        Best Buy Co. has a consensus rating of Hold, which is based on 4 buy ratings, 11 hold ratings and 2 sell ratings.
          What is Best Buy Co.’s share price target?
          The average share price target for Best Buy Co. is 1,358.96. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is $1,575.80 ,and the lowest forecast is $1,033.02. The average share price target represents N/A Increase from the current price of N/A.
            What do analysts say about Best Buy Co.?
            Best Buy Co.’s analyst rating consensus is a Hold. This is based on the ratings of 17 Wall Streets Analysts.
              How can I buy shares of Best Buy Co.?
              To buy shares of MX:BBY, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.