Consensus Rating1
Buy
Highest Price Target1
$116.00
Lowest Price Target1
$75.00
Consensus Price Target1
$92.16

Best Buy Co Analyst Ratings and Price Targets | NYSE:BBY | Benzinga

Best Buy Co Inc has a consensus price target of $92.16 based on the ratings of 20 analysts. The high is $116 issued by Goldman Sachs on September 3, 2024. The low is $75 issued by B of A Securities on March 5, 2025. The 3 most-recent analyst ratings were released by Wells Fargo, UBS, and Loop Capital on March 5, 2025, respectively. With an average price target of $93.33 between Wells Fargo, UBS, and Loop Capital, there's an implied 23.34% upside for Best Buy Co Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Dec 24
2
Jan
1
Feb
9
4
1
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
UBS
Loop Capital
Truist Securities
DA Davidson

1calculated from analyst ratings

Analyst Ratings for Best Buy Co

Buy NowGet Alert
03/05/2025Buy Now12.33%Wells Fargo
Zachary Fadem84%
$89 → $85MaintainsEqual-WeightGet Alert
03/05/2025Buy Now38.76%UBS
Michael Lasser76%
$115 → $105MaintainsBuyGet Alert
03/05/2025Buy Now18.94%Loop Capital
Anthony Chukumba45%
$100 → $90MaintainsBuyGet Alert
03/05/2025Buy Now7.04%Truist Securities
Scot Ciccarelli69%
$95 → $81MaintainsHoldGet Alert
03/05/2025Buy Now45.37%DA Davidson
Michael Baker76%
$117 → $110MaintainsBuyGet Alert
03/05/2025Buy Now9.69%Wedbush
Seth Basham66%
$90 → $83MaintainsNeutralGet Alert
03/05/2025Buy Now22.9%Citigroup
Steven Zaccone59%
$105 → $93MaintainsBuyGet Alert
03/05/2025Buy Now21.58%Piper Sandler
Peter Keith69%
$102 → $92MaintainsOverweightGet Alert
03/05/2025Buy Now—Keybanc
Bradley Thomas74%
—ReiteratesSector Weight → Sector WeightGet Alert
03/05/2025Buy Now5.72%Evercore ISI Group
Greg Melich76%
$95 → $80MaintainsIn-LineGet Alert
03/05/2025Buy Now45.37%JP Morgan
Christopher Horvers70%
$115 → $110MaintainsOverweightGet Alert
03/05/2025Buy Now18.94%Guggenheim
Steven Forbes52%
$105 → $90MaintainsBuyGet Alert
03/05/2025Buy Now12.33%Morgan Stanley
Simeon Gutman66%
$100 → $85MaintainsEqual-WeightGet Alert
03/05/2025Buy Now-0.89%B of A Securities
Elizabeth Suzuki59%
$80 → $75MaintainsUnderperformGet Alert
03/05/2025Buy Now32.15%Telsey Advisory Group
Joseph Feldman64%
$110 → $100MaintainsOutperformGet Alert
03/04/2025Buy Now21.58%Jefferies
Jonathan Matuszewski53%
$106 → $92MaintainsBuyGet Alert
03/03/2025Buy Now18.94%Wedbush
Seth Basham66%
$90 → $90ReiteratesNeutral → NeutralGet Alert
02/27/2025Buy Now45.37%Telsey Advisory Group
Joseph Feldman64%
$110 → $110MaintainsOutperformGet Alert
01/21/2025Buy Now32.15%Morgan Stanley
Simeon Gutman66%
$105 → $100MaintainsEqual-WeightGet Alert
01/09/2025Buy Now17.62%Barclays
Seth Sigman46%
$95 → $89MaintainsEqual-WeightGet Alert
12/18/2024Buy Now32.15%Loop Capital
Anthony Chukumba45%
$100 → $100ReiteratesBuy → BuyGet Alert
11/29/2024Buy Now38.76%Guggenheim
Steven Forbes52%
$110 → $105MaintainsBuyGet Alert
11/27/2024Buy Now17.62%Wells Fargo
Zachary Fadem84%
$95 → $89MaintainsEqual-WeightGet Alert
11/27/2024Buy Now51.98%UBS
Michael Lasser76%
$123 → $115MaintainsBuyGet Alert
11/27/2024Buy Now25.55%Truist Securities
Scot Ciccarelli69%
$107 → $95MaintainsHoldGet Alert
11/27/2024Buy Now33.47%Citigroup
Steven Zaccone59%
$109 → $101MaintainsBuyGet Alert
11/27/2024Buy Now32.15%Loop Capital
Anthony Chukumba45%
$110 → $100MaintainsBuyGet Alert
11/26/2024Buy Now45.37%Telsey Advisory Group
Joseph Feldman64%
$115 → $110MaintainsOutperformGet Alert
11/22/2024Buy Now54.62%JP Morgan
Christopher Horvers70%
$111 → $117MaintainsOverweightGet Alert
11/08/2024Buy Now44.05%Citigroup
Steven Zaccone59%
$115 → $109MaintainsBuyGet Alert
10/15/2024Buy Now54.62%DA Davidson
Michael Baker76%
$117 → $117MaintainsBuyGet Alert
09/23/2024Buy Now32.15%Melius Research
Karen Short50%
→ $100Initiates → HoldGet Alert
09/03/2024Buy Now53.3%Goldman Sachs
Kate McShane66%
$95 → $116MaintainsBuyGet Alert
08/30/2024Buy Now25.55%Wells Fargo
Zachary Fadem84%
$80 → $95MaintainsEqual-WeightGet Alert
08/30/2024Buy Now51.98%Telsey Advisory Group
Joseph Feldman64%
$95 → $115MaintainsOutperformGet Alert
08/30/2024Buy Now51.98%Citigroup
Steven Zaccone59%
$100 → $115MaintainsBuyGet Alert
08/30/2024Buy Now46.69%JP Morgan
Christopher Horvers70%
$101 → $111MaintainsOverweightGet Alert
08/30/2024Buy Now25.55%Wedbush
Seth Basham66%
$85 → $95MaintainsNeutralGet Alert
08/30/2024Buy Now25.55%Barclays
Seth Sigman46%
$81 → $95MaintainsEqual-WeightGet Alert
08/30/2024Buy Now62.55%UBS
Michael Lasser76%
$106 → $123MaintainsBuyGet Alert
08/30/2024Buy Now50.65%Piper Sandler
Peter Keith69%
$100 → $114ReiteratesOverweight → OverweightGet Alert
08/30/2024Buy Now41.4%Truist Securities
Scot Ciccarelli69%
$86 → $107MaintainsHoldGet Alert
08/30/2024Buy Now24.22%Evercore ISI Group
Greg Melich76%
$90 → $94MaintainsIn-LineGet Alert
08/30/2024Buy Now45.37%Loop Capital
Anthony Chukumba45%
$100 → $110MaintainsBuyGet Alert
08/30/2024Buy Now5.72%B of A Securities
Elizabeth Suzuki59%
$70 → $80MaintainsUnderperformGet Alert
08/23/2024Buy Now25.55%Telsey Advisory Group
Joseph Feldman64%
$95 → $95MaintainsOutperformGet Alert
07/01/2024Buy Now13.65%Truist Securities
Scot Ciccarelli69%
$86 → $86MaintainsHoldGet Alert
06/17/2024Buy Now40.08%UBS
Michael Lasser76%
$85 → $106UpgradeNeutral → BuyGet Alert
06/07/2024Buy Now32.15%Loop Capital
Anthony Chukumba45%
$93 → $100MaintainsBuyGet Alert
06/03/2024Buy Now32.15%Citigroup
Steven Zaccone59%
$67 → $100UpgradeSell → BuyGet Alert
05/31/2024Buy Now25.55%DA Davidson
Michael Baker76%
$90 → $95MaintainsBuyGet Alert
05/31/2024Buy Now13.65%Truist Securities
Scot Ciccarelli69%
$87 → $86MaintainsHoldGet Alert
05/31/2024Buy Now18.94%Evercore ISI Group
Greg Melich76%
$80 → $90MaintainsIn-LineGet Alert
05/30/2024Buy Now25.55%Telsey Advisory Group
Joseph Feldman64%
$95 → $95MaintainsOutperformGet Alert
05/28/2024Buy Now12.33%Wedbush
Seth Basham66%
$85 → $85ReiteratesNeutral → NeutralGet Alert
05/23/2024Buy Now25.55%Telsey Advisory Group
Joseph Feldman64%
$95 → $95MaintainsOutperformGet Alert
05/07/2024Buy Now-11.46%Citigroup
Steven Zaccone59%
$76 → $67MaintainsSellGet Alert
03/22/2024Buy Now33.47%JP Morgan
Christopher Horvers70%
$89 → $101UpgradeNeutral → OverweightGet Alert
03/20/2024Buy Now25.55%Telsey Advisory Group
Joseph Feldman64%
$85 → $95UpgradeMarket Perform → OutperformGet Alert
03/01/2024Buy Now8.37%Morgan Stanley
Simeon Gutman66%
$80 → $82MaintainsEqual-WeightGet Alert
03/01/2024Buy Now0.44%Citigroup
Steven Zaccone59%
$67 → $76MaintainsSellGet Alert
03/01/2024Buy Now12.33%UBS
Michael Lasser76%
$82 → $85MaintainsNeutralGet Alert
03/01/2024Buy Now17.62%JP Morgan
Christopher Horvers70%
$78 → $89MaintainsNeutralGet Alert
03/01/2024Buy Now7.04%Barclays
Seth Sigman46%
$69 → $88MaintainsEqual-WeightGet Alert
03/01/2024Buy Now18.94%Goldman Sachs
Kate McShane66%
$81 → $90MaintainsBuyGet Alert
03/01/2024Buy Now12.33%Wedbush
Seth Basham66%
$75 → $85MaintainsNeutralGet Alert
03/01/2024Buy Now14.97%Truist Securities
Scot Ciccarelli69%
$68 → $87MaintainsHoldGet Alert
03/01/2024Buy Now12.33%Telsey Advisory Group
Joseph Feldman64%
$75 → $85MaintainsMarket PerformGet Alert
02/26/2024Buy Now-0.89%Telsey Advisory Group
Joseph Feldman64%
→ $75ReiteratesMarket Perform → Market PerformGet Alert
01/24/2024Buy Now-0.89%Wedbush
Seth Basham66%
$70 → $75MaintainsNeutralGet Alert
12/11/2023Buy Now17.62%Jefferies
Jonathan Matuszewski53%
$69 → $89UpgradeHold → BuyGet Alert
11/22/2023Buy Now-7.49%Evercore ISI Group
Greg Melich76%
$75 → $70MaintainsIn-LineGet Alert
11/22/2023Buy Now-10.14%Truist Securities
Scot Ciccarelli69%
$74 → $68MaintainsHoldGet Alert
11/22/2023Buy Now-7.49%Wedbush
Seth Basham66%
→ $70ReiteratesNeutral → NeutralGet Alert
11/22/2023Buy Now-0.89%Telsey Advisory Group
Joseph Feldman64%
$80 → $75MaintainsMarket PerformGet Alert
11/17/2023Buy Now5.72%Telsey Advisory Group
Joseph Feldman64%
$85 → $80MaintainsMarket PerformGet Alert
11/13/2023Buy Now0.44%UBS
Michael Lasser76%
$85 → $76MaintainsNeutralGet Alert
11/13/2023Buy Now-14.1%Wells Fargo
Zachary Fadem84%
$80 → $65MaintainsEqual-WeightGet Alert
11/10/2023Buy Now-7.49%Wedbush
Seth Basham66%
$82 → $70MaintainsNeutralGet Alert
10/19/2023Buy Now12.33%Goldman Sachs
Kate McShane66%
$79 → $85UpgradeNeutral → BuyGet Alert
10/05/2023Buy Now-2.21%Truist Securities
Scot Ciccarelli69%
$80 → $74MaintainsHoldGet Alert
08/31/2023Buy Now5.72%Morgan Stanley
Simeon Gutman66%
$75 → $80MaintainsEqual-WeightGet Alert
08/30/2023Buy Now18.94%DA Davidson
Michael Baker76%
$87 → $90MaintainsBuyGet Alert
08/30/2023Buy Now4.4%Goldman Sachs
Kate McShane66%
$77 → $79MaintainsNeutralGet Alert
08/30/2023Buy Now16.29%Truist Securities
Scot Ciccarelli69%
$77 → $88MaintainsHoldGet Alert
08/30/2023Buy Now12.33%UBS
Michael Lasser76%
$87 → $85MaintainsNeutralGet Alert
08/30/2023Buy Now13.65%Guggenheim
Steven Forbes52%
→ $86ReiteratesBuy → BuyGet Alert
08/30/2023Buy Now8.37%Wedbush
Seth Basham66%
$72 → $82MaintainsNeutralGet Alert
08/30/2023Buy Now12.33%Telsey Advisory Group
Joseph Feldman64%
$78 → $85MaintainsMarket PerformGet Alert
08/21/2023Buy Now3.08%Telsey Advisory Group
Joseph Feldman64%
→ $78ReiteratesMarket Perform → Market PerformGet Alert
08/02/2023Buy Now-7.49%Citigroup
Steven Zaccone59%
$62 → $70MaintainsSellGet Alert
05/26/2023Buy Now14.97%DA Davidson
Michael Baker76%
$96 → $87MaintainsBuyGet Alert
05/26/2023Buy Now1.76%Truist Securities
Scot Ciccarelli69%
$88 → $77MaintainsHoldGet Alert
05/26/2023Buy Now-0.89%Wells Fargo
Zachary Fadem84%
$80 → $75MaintainsEqual-WeightGet Alert
05/26/2023Buy Now-0.89%Credit Suisse
Karen Short50%
$85 → $75MaintainsNeutralGet Alert
05/26/2023Buy Now3.08%Telsey Advisory Group
Joseph Feldman64%
$81 → $78MaintainsMarket PerformGet Alert
05/19/2023Buy Now7.04%Telsey Advisory Group
Joseph Feldman64%
→ $81ReiteratesMarket Perform → Market PerformGet Alert
05/18/2023Buy Now-4.85%Wedbush
Seth Basham66%
$85 → $72MaintainsNeutralGet Alert
05/18/2023Buy Now-18.07%Citigroup
Steven Zaccone59%
$72 → $62MaintainsSellGet Alert
05/11/2023Buy Now-0.89%Morgan Stanley
Simeon Gutman66%
$80 → $75MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for Best Buy Co (BBY) stock?

A

The latest price target for Best Buy Co (NYSE:BBY) was reported by Wells Fargo on March 5, 2025. The analyst firm set a price target for $85.00 expecting BBY to rise to within 12 months (a possible 12.33% upside). 57 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Best Buy Co (BBY)?

A

The latest analyst rating for Best Buy Co (NYSE:BBY) was provided by Wells Fargo, and Best Buy Co maintained their equal-weight rating.

Q

When was the last upgrade for Best Buy Co (BBY)?

A

The last upgrade for Best Buy Co Inc happened on June 17, 2024 when UBS raised their price target to $106. UBS previously had a neutral for Best Buy Co Inc.

Q

When was the last downgrade for Best Buy Co (BBY)?

A

There is no last downgrade for Best Buy Co.

Q

When is the next analyst rating going to be posted or updated for Best Buy Co (BBY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Best Buy Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Best Buy Co was filed on March 5, 2025 so you should expect the next rating to be made available sometime around March 5, 2026.

Q

Is the Analyst Rating Best Buy Co (BBY) correct?

A

While ratings are subjective and will change, the latest Best Buy Co (BBY) rating was a maintained with a price target of $89.00 to $85.00. The current price Best Buy Co (BBY) is trading at is $75.67, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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