What is the analyst consensus rating for BBY?

The analyst consensus rating for BBY is "Hold" based on 20 analyst recommendations.

What is the average price target for BBY?

The average 12-month price target for BBY is $72.60, representing an upside of 12.6% from the current price of $64.50.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Best Buy Co., Inc. (BBY) Forecast: Analyst Ratings & Targets

Latest BBY Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Mar 4, 2026	Chris Bottiglieri	BNP Paribas	Maintains	Hold	$68.00 → $74.00 +6.00 (8.8%)
Mar 4, 2026	Steven Forbes	Guggenheim	Maintains	Strong Buy	$90.00 → $90.00 +0.00 (0.0%)
Mar 4, 2026	Peter Keith	Piper Sandler	Maintains	Hold	$71.00 → $68.00 -3.00 (-4.2%)
Mar 4, 2026	Scot Ciccarelli	Truist	Maintains	Hold	$73.00 → $66.00 -7.00 (-9.6%)
Mar 4, 2026	Kate McShane	Goldman Sachs	Maintains	Strong Buy	$93.00 → $76.00 -17.00 (-18.3%)
Mar 4, 2026	Steven Zaccone	Citi	Maintains	Hold	$67.00 → $69.00 +2.00 (3.0%)
Mar 4, 2026	Greg Melich	Evercore ISI Group	Maintains	Hold	$70.00 → $75.00 +5.00 (7.1%)
Mar 4, 2026	Simeon Gutman	Morgan Stanley	Maintains	Hold	$76.00 → $72.00 -4.00 (-5.3%)
Mar 3, 2026	Google Specialty Retail	TipRanks - Google	Downgrades	Buy	$67.00 → $68.00 +1.00 (1.5%)
Mar 3, 2026	PerPlexity Specialty Retail	TipRanks - PerPlexity	Upgrades	Hold	$65.00
Mar 3, 2026	Anthropic Specialty Retail	TipRanks - Anthropic	Reiterates	Hold	$64.00
Mar 3, 2026	DeepSeek Specialty Retail	TipRanks - DeepSeek	Reiterates	Hold	$63.00
Mar 3, 2026	xAi Specialty Retail	TipRanks - xAI	Reiterates	Hold	$65.00
Mar 3, 2026	OpenAI Specialty Retail	TipRanks - OpenAI	Reiterates	Hold	$66.00
Mar 3, 2026	Jonathan Matuszewski	Jefferies	Maintains	Buy	$89.00 → $83.00 -6.00 (-6.7%)
Feb 24, 2026	Joseph Feldman	Telsey Advisory	Maintains	Buy	$95.00 → $95.00 +0.00 (0.0%)
Feb 24, 2026	Matthew McCartney	Wedbush	Maintains	Hold	$80.00 → $70.00 -10.00 (-12.5%)
Feb 23, 2026	Peter Keith	Piper Sandler	Maintains	Hold	$76.00 → $71.00 -5.00 (-6.6%)
Feb 18, 2026	Zachary Fadem	Wells Fargo	Maintains	Hold	$75.00 → $70.00 -5.00 (-6.7%)
Feb 3, 2026	Greg Melich	Evercore ISI Group	Maintains	Hold	$80.00 → $70.00 -10.00 (-12.5%)
Feb 2, 2026	Christopher Horvers	JP Morgan	Downgrades	Hold	$99.00 → $76.00 -23.00 (-23.2%)
Jan 15, 2026	Simeon Gutman	Morgan Stanley	Maintains	Hold	$82.00 → $76.00 -6.00 (-7.3%)
Jan 8, 2026	Seth Sigman	Barclays	Maintains	Hold	$81.00 → $77.00 -4.00 (-4.9%)

Chris Bottiglieri

BNP Paribas

HoldMaintains

$68.00 → $74.00

Mar 4

Steven Forbes

Guggenheim

Strong BuyMaintains

$90.00 → $90.00

Mar 4

Peter Keith

Piper Sandler

HoldMaintains

$71.00 → $68.00

Mar 4

Scot Ciccarelli

Truist

HoldMaintains

$73.00 → $66.00

Mar 4

Kate McShane

Goldman Sachs

Strong BuyMaintains

$93.00 → $76.00

Mar 4

Steven Zaccone

Citi

HoldMaintains

$67.00 → $69.00

Mar 4

Greg Melich

Evercore ISI Group

HoldMaintains

$70.00 → $75.00

Mar 4

Simeon Gutman

Morgan Stanley

HoldMaintains

$76.00 → $72.00

Mar 4

Google Specialty Retail

TipRanks - Google

BuyDowngrades

$67.00 → $68.00

Mar 3

PerPlexity Specialty Retail

TipRanks - PerPlexity

HoldUpgrades

$65.00

Mar 3

Anthropic Specialty Retail

TipRanks - Anthropic

HoldReiterates

$64.00

Mar 3

DeepSeek Specialty Retail

TipRanks - DeepSeek

HoldReiterates

$63.00

Mar 3

xAi Specialty Retail

TipRanks - xAI

HoldReiterates

$65.00

Mar 3

OpenAI Specialty Retail

TipRanks - OpenAI

HoldReiterates

$66.00

Mar 3

Jonathan Matuszewski

Jefferies

BuyMaintains

$89.00 → $83.00

Mar 3

Joseph Feldman

Telsey Advisory

BuyMaintains

$95.00 → $95.00

Feb 24

Matthew McCartney

Wedbush

HoldMaintains

$80.00 → $70.00

Feb 24

Peter Keith

Piper Sandler

HoldMaintains

$76.00 → $71.00

Feb 23

Zachary Fadem

Wells Fargo

HoldMaintains

$75.00 → $70.00

Feb 18

Greg Melich

Evercore ISI Group

HoldMaintains

$80.00 → $70.00

Feb 3

Christopher Horvers

JP Morgan

HoldDowngrades

$99.00 → $76.00

Feb 2

Simeon Gutman

Morgan Stanley

HoldMaintains

$82.00 → $76.00

Jan 15

Seth Sigman

Barclays

HoldMaintains

$81.00 → $77.00

Jan 8

Best Buy Co., Inc. (BBY) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest BBY Analyst Ratings & Recommendations

Frequently Asked Questions