Best Buy (BBY)
(Delayed Data from NYSE)
$87.35 USD
-0.38 (-0.43%)
Updated Jul 25, 2024 04:00 PM ET
3-Hold of 5 3
A Value D Growth C Momentum B VGM
Best Buy (BBY) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$89.10 | $106.00 | $64.00 | 2.00% |
Price Target
Based on short-term price targets offered by 20 analysts, the average price target for Best Buy comes to $89.10. The forecasts range from a low of $64.00 to a high of $106.00. The average price target represents an increase of 2% from the last closing price of $87.35.
Analyst Price Targets (20)
Broker Rating
Best Buy currently has an average brokerage recommendation (ABR) of 2.10 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 21 brokerage firms. The current ABR compares to an ABR of 2.10 a month ago based on 21 recommendations.
Of the 21 recommendations deriving the current ABR, 10 are Strong Buy, representing 47.62% of all recommendations. A month ago, Strong Buy represented 47.62%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 10 | 10 | 10 | 8 | 8 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 10 | 10 | 10 | 11 | 11 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 1 | 1 |
ABR | 2.10 | 2.10 | 2.10 | 2.38 | 2.38 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/1/2024 | KeyBanc Capital Markets | Bradley B Thomas | Hold | Hold |
6/17/2024 | UBS | Michael L Lasser | Hold | Strong Buy |
6/7/2024 | Loop Capital Markets | Anthony C Chukumba | Strong Buy | Strong Buy |
6/3/2024 | Guggenheim Securities | Steven Forbes | Strong Buy | Strong Buy |
6/3/2024 | Not Identified | Not Identified | Strong Sell | Strong Buy |
5/31/2024 | Evercore Partners | Gregory S Melich | Hold | Hold |
5/31/2024 | D.A. Davidson | Michael Baker | Strong Buy | Strong Buy |
5/31/2024 | Truist Securities | Scot Ciccarelli | Hold | Hold |
5/31/2024 | Not Identified | Not Identified | Hold | Hold |
5/30/2024 | Telsey Advisory Group | Joseph Feldman | Hold | Strong Buy |
4/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/1/2024 | Wedbush Securities | Seth Basham | Hold | Hold |
3/1/2024 | Not Identified | Not Identified | Hold | Hold |
2/29/2024 | Wells Fargo Securities | Zachary Fadem | Hold | Hold |
2/29/2024 | Not Identified | Not Identified | Hold | Hold |
2/1/2024 | Exane BNP Paribas | Chris J Bottiglieri | Hold | Hold |
1/2/2024 | Goldman Sachs | Katharine A Mcshane | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.10 |
ABR (Last week) | 2.10 |
# of Recs in ABR | 21 |
Average Target Price | $89.10 |
LT Growth Rate | 5.10% |
Industry | Retail - Consumer Electronics |
Industry Rank by ABR | 102 of 252 |
Current Quarter EPS Est: | 1.16 |