Best Buy Co., Inc. — Wall Street Analyst Estimates & Price Targets

BBY

NYSEConsumer CyclicalSpecialty RetailCIK 0000764478investors.bestbuy.com/overview/default.aspxAbout BBY

Last close · Oct 16, 202692.63−1.54 (−1.64%)

Market cap$19.4B

9 firms' latest targets, last 90 days: median $90.00 ($71.00–$100.00), 3% below the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 9 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-08-28	D.A. Davidson	$95.00	$78.00	▲ 22%	+15%	+3%
2026-08-28	Morgan Stanley	$90.00	$76.00	▲ 18%	+8%	-3%
2026-08-28	UBS	$90.00	$86.00	▲ 5%	+8%	-3%
2026-08-28	Guggenheim	$95.00	—	—	+14%	+3%
2026-08-28	Goldman Sachs	$71.00	—	—	-15%	-23%
2026-08-28	Barclays	$85.00	$77.00	▲ 10%	+2%	-8%
2026-08-27	Truist	$100.00	$95.00	▲ 5%	+20%	+8%
2026-08-20	Piper Sandler	$85.00	$77.00	▲ 10%	-5%	-8%
2026-08-05	Jefferies	$85.00	$89.00	▼ 4%	-2%	-8%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2024reported	$43.5B	-6%	$5.68	-10%	est. $43.4B+0%	est. $6.17	18
2025reported	$41.5B	-4%	$4.28	-25%	est. $41.3B+1%	est. $6.19	18
2026reported	$41.7B	+0%	$5.04	+18%	est. $41.8B+0%	est. $6.29	16
2027	$42.7B	+2%	$6.81	+8%	$42.4B–$42.9B	$6.74–$6.88	16
2028	$43.4B	+2%	$7.23	+6%	$43.1B–$43.9B	$6.73–$7.82	17
2029	$44.2B	+2%	$7.81	+8%	$43.5B–$44.9B	$7.53–$8.30	11
2030	$44.9B	+2%	$8.93	+14%	$44.4B–$45.5B	$8.81–$9.08	5
2031	$45.6B	+2%	$9.70	+9%	$45.2B–$46.2B	$9.57–$9.86	4

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$90.00median target, 3% below the last close

Firms with a target · last 90 days: 9
Lowest – highest target: $71.00 – $100.00
Current grades of 17 firms: positive / neutral / negative: 3 / 13 / 1
Upgrades / downgrades · 12 months: 1 / 5
Consensus revenue growth · next 3 FY: +2% a year

Current grades

each firm's latest · 17 firms

As of	Firm	Grade
2026-09-29	Evercore ISI	“In Line”
2026-09-08	D.A. Davidson	“Neutral”
2026-08-28	Goldman Sachs	“Sell”
2026-08-28	Morgan Stanley	“Equal Weight”
2026-08-28	Guggenheim	“Buy”
2026-08-28	Barclays	“Equal Weight”
2026-08-28	UBS	“Neutral”
2026-08-20	Piper Sandler	“Neutral”
2026-08-13	Citigroup	“Neutral”
2026-08-11	Wells Fargo	“Equal Weight”

7 more

2026-08-11	Truist	“Buy”
2026-08-05	Jefferies	“Hold”
2026-07-13	Loop Capital	“Hold”
2026-05-29	J.P. Morgan	“Neutral”
2026-05-29	Wedbush	“Neutral”
2026-03-04	BNP Paribas Exane	“Neutral”
2026-02-24	Telsey Advisory Group	“Outperform”

Grade changes

last 24 months · 8

Date	Firm	Grade
2026-09-08	D.A. Davidson	“Buy” → “Neutral” downgrade
2026-08-11	Truist	“Hold” → “Buy” upgrade
2026-08-05	Jefferies	“Buy” → “Hold” downgrade
2026-07-13	Loop Capital	“Buy” → “Hold” downgrade
2026-05-29	UBS	“Buy” → “Neutral” downgrade
2026-02-02	J.P. Morgan	“Overweight” → “Neutral” downgrade
2025-07-14	Piper Sandler	“Overweight” → “Neutral” downgrade
2025-04-03	Citigroup	“Buy” → “Neutral” downgrade

52 older than 24 months

2024-06-17	UBS	“Neutral” → “Buy” upgrade
2024-06-03	Citigroup	“Sell” → “Buy” upgrade
2024-03-22	J.P. Morgan	“Neutral” → “Overweight” upgrade
2024-03-20	Telsey Advisory Group	“Market Perform” → “Outperform” upgrade
2023-12-11	Jefferies	“Hold” → “Buy” upgrade
2023-10-19	Goldman Sachs	“Neutral” → “Buy” upgrade
2023-02-27	Telsey Advisory Group	“Outperform” → “Market Perform” downgrade
2023-01-12	BNP Paribas Exane	“Outperform” → “Neutral” downgrade
2022-12-14	Bank of America	“Neutral” → “Underperform” downgrade
2022-12-12	Goldman Sachs	“Sell” → “Neutral” upgrade
2022-10-19	Evercore ISI	“Outperform” → “In Line” downgrade
2022-07-28	Jefferies	“Buy” → “Hold” downgrade
2022-07-28	R5 Capital	“Buy” → “Sell” downgrade
2022-06-14	Bank of America	“Buy” → “Neutral” downgrade
2022-05-25	Barclays	“Overweight” → “Equal Weight” downgrade
2022-03-04	Raymond James	“Outperform” → “Market Perform” downgrade
2021-12-06	R5 Capital	“Hold” → “Buy” upgrade
2021-04-26	Wedbush	“Outperform” → “Neutral” downgrade
2021-02-26	Raymond James	“Strong Buy” → “Outperform” downgrade
2021-02-04	Bank of America	“Neutral” → “Buy” upgrade
2020-12-10	Goldman Sachs	“Neutral” → “Sell” downgrade
2020-10-29	R5 Capital	“Sell” → “Hold” upgrade
2020-10-23	Oppenheimer	“Outperform” → “Perform” downgrade
2020-08-18	Wedbush	“Neutral” → “Outperform” upgrade
2020-05-18	Telsey Advisory Group	“Market Perform” → “Outperform” upgrade
2020-05-14	Evercore ISI	“In Line” → “Outperform” upgrade
2019-04-24	Jefferies	“Hold” → “Buy” upgrade
2019-03-22	Oppenheimer	“Perform” → “Outperform” upgrade
2018-12-17	Bank of America	“Neutral” → “Underperform” downgrade
2018-11-21	Wedbush	“Underperform” → “Neutral” upgrade
2018-11-13	Bank of America	“Buy” → “Neutral” downgrade
2018-05-05	B. Riley	“Neutral” → “Buy” upgrade
2018-01-25	Telsey Advisory Group	“Outperform” → “Market Perform” downgrade
2017-04-25	Bank of America	“Neutral” → “Buy” upgrade
2017-03-27	Piper Sandler	“Neutral” → “Overweight” upgrade
2016-11-17	Bank of America	“Underperform” → “Neutral” upgrade
2016-11-08	Evercore ISI	“Hold” → “Sell” downgrade
2016-08-15	Jefferies	“Buy” → “Hold” downgrade
2016-06-15	Credit Suisse	“Outperform” → “Neutral” downgrade
2016-05-25	Deutsche Bank	“Buy” → “Hold” downgrade
2016-05-25	Citigroup	“Buy” → “Neutral” downgrade
2016-02-26	Piper Sandler	“Overweight” → “Neutral” downgrade
2016-02-19	Goldman Sachs	“Buy” → “Neutral” downgrade
2016-02-12	Oppenheimer	“Outperform” → “Perform” downgrade
2016-01-19	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2016-01-15	Wedbush	“Neutral” → “Underperform” downgrade
2015-11-16	RBC Capital	“Outperform” → “Sector Perform” downgrade
2015-08-26	Raymond James	“Market Perform” → “Strong Buy” upgrade
2015-07-17	Bank of America	“Buy” → “Underperform” downgrade
2015-04-24	J.P. Morgan	“Outperform” → “Neutral” downgrade
2015-03-04	Wedbush	“Underperform” → “Neutral” upgrade
2015-02-06	Oppenheimer	“Perform” → “Outperform” upgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.