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Best Buy (BBY) News Today

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$72.27 +2.35 (+3.36%)
Closing price 05/27/2025 03:59 PM Eastern
Extended Trading
$72.19 -0.07 (-0.10%)
As of 05/27/2025 07:50 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Why is Best Buy Up Today?

Best Buy Co., Inc. (BBY) shares moved today as investors digested strategic partnerships, promotional events and fresh analyst revisions.

  • Partnered with electronics brand UGREEN to broaden product assortment and expand retail presence nationwide.
  • Launched extensive Memorial Day tech, TV and gaming sales aimed at boosting customer traffic and revenue.
  • Wedbush reaffirmed its Neutral rating on BBY shares, reflecting balanced near-term expectations.
  • Wedbush cut its Q2 FY2026 EPS forecast to $1.15 from $1.22, signaling potential earnings pressure.
  • Telsey Advisory Group trimmed its Q3 FY2026 EPS estimate to $1.33 from $1.36 and lowered its price target to $90, reflecting a more cautious outlook.
Posted 8h agoAI Generated. May Contain Errors.

BBY Latest News

Wedbush Analysts Lower Earnings Estimates for Best Buy
Best Buy Co., Inc. stock logo
Q3 EPS Estimates for Best Buy Cut by Telsey Advisory Group
Best Buy Co., Inc. (NYSE:BBY - Free Report) - Research analysts at Telsey Advisory Group reduced their Q3 2026 EPS estimates for shares of Best Buy in a report issued on Friday, May 23rd. Telsey Advisory Group analyst J. Feldman now forecasts that the technology retailer will earn $1.33 per share
Best Buy Co., Inc. stock logo
Wedbush Brokers Decrease Earnings Estimates for Best Buy
Best Buy Co., Inc. (NYSE:BBY - Free Report) - Analysts at Wedbush lowered their Q2 2026 EPS estimates for shares of Best Buy in a report released on Friday, May 23rd. Wedbush analyst S. Basham now expects that the technology retailer will earn $1.15 per share for the quarter, down from their prev
Best Buy Co., Inc. stock logo
USS Investment Management Ltd Sells 38,439 Shares of Best Buy Co., Inc. (NYSE:BBY)
USS Investment Management Ltd trimmed its stake in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 47.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,313 shares of the technology retailer's stock after selling
Best Buy Co., Inc. stock logo
Voloridge Investment Management LLC Trims Stock Position in Best Buy Co., Inc. (NYSE:BBY)
Voloridge Investment Management LLC trimmed its holdings in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 63.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,933 shares of
Best Buy (NYSE:BBY) Earns Neutral Rating from Wedbush
Wedbush Sticks to Its Hold Rating for Best Buy Co (BBY)
Best Buy Co., Inc. stock logo
Wedbush Reaffirms "Neutral" Rating for Best Buy (NYSE:BBY)
Wedbush restated a "neutral" rating and issued a $75.00 price objective on shares of Best Buy in a research report on Friday.
Best Buy Co., Inc. stock logo
Telsey Advisory Group Issues Pessimistic Forecast for Best Buy (NYSE:BBY) Stock Price
Telsey Advisory Group decreased their price target on Best Buy from $100.00 to $90.00 and set an "outperform" rating for the company in a report on Friday.
Best Buy Co., Inc. stock logo
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $223.59 Million Position in Best Buy Co., Inc. (NYSE:BBY)
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,605,902 shares of the technology retailer's sto
Best Buy Co., Inc. stock logo
Best Buy Co., Inc. (NYSE:BBY) Shares Sold by Nomura Holdings Inc.
Nomura Holdings Inc. trimmed its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 84.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,438 shares of the technology retailer's
Best Buy Co., Inc. stock logo
Best Buy (BBY) Projected to Post Earnings on Thursday
Best Buy (NYSE:BBY) will be releasing its Q1 2026 earnings before the market opens on Thursday, May 29. (View Earnings Report at https://www.marketbeat.com/earnings/reports/2025-5-29-best-buy-co-inc-stock/)
Best Buy Co., Inc. stock logo
Vident Advisory LLC Grows Stock Holdings in Best Buy Co., Inc. (NYSE:BBY)
Vident Advisory LLC raised its stake in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 165.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,876 shares of the technology retailer's stock after buying an add
Best Buy Co., Inc. stock logo
ProShare Advisors LLC Acquires 3,875 Shares of Best Buy Co., Inc. (NYSE:BBY)
ProShare Advisors LLC grew its holdings in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 10.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,638 shares of the technology retailer's stock
Best Buy Co., Inc. stock logo
Best Buy Co., Inc. (NYSE:BBY) Shares Sold by Nuveen Asset Management LLC
Nuveen Asset Management LLC cut its holdings in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 4.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 558,263 shares of the techno
Best Buy Co., Inc. stock logo
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Stock Holdings in Best Buy Co., Inc. (NYSE:BBY)
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 8.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 48,967 shares of the technology retailer's stock after purchasing an additional 3,867 shares during t
Best Buy Co., Inc. stock logo
Best Buy (NYSE:BBY) Price Target Lowered to $75.00 at Wells Fargo & Company
Wells Fargo & Company cut their target price on Best Buy from $85.00 to $75.00 and set an "equal weight" rating on the stock in a report on Monday.
Best Buy Co., Inc. stock logo
WBI Investments LLC Purchases 21,020 Shares of Best Buy Co., Inc. (NYSE:BBY)
WBI Investments LLC boosted its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 127.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,563 shares of the technology retailer's stock aft
Best Buy Co., Inc. stock logo
Lazard Asset Management LLC Has $1.58 Million Holdings in Best Buy Co., Inc. (NYSE:BBY)
Lazard Asset Management LLC cut its position in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 64.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,382 shares of the technology ret
Best Buy Co., Inc. stock logo
Best Buy Co., Inc. (NYSE:BBY) Shares Sold by Man Group plc
Man Group plc lessened its stake in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 11.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 164,026 shares of the technology retailer's stock after selling 21,393 shares during the quarter. Man
Best Buy Co., Inc. stock logo
Scissortail Wealth Management LLC Has $2.07 Million Holdings in Best Buy Co., Inc. (NYSE:BBY)
Scissortail Wealth Management LLC lifted its holdings in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 6,251.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,071 shares of the technology retailer's stock aft
Best Buy Co., Inc. stock logo
Best Buy Co., Inc. (NYSE:BBY) Shares Bought by Siemens Fonds Invest GmbH
Siemens Fonds Invest GmbH grew its stake in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 254.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,349 shares of the technology retailer's stock af
Best Buy Co., Inc. stock logo
Quantinno Capital Management LP Has $6.84 Million Stake in Best Buy Co., Inc. (NYSE:BBY)
Quantinno Capital Management LP grew its position in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 173.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,704 shares of the technology retailer's stock after purchasi
Best Buy Co., Inc. stock logo
Cresset Asset Management LLC Cuts Stock Position in Best Buy Co., Inc. (NYSE:BBY)
Cresset Asset Management LLC reduced its position in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 86.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,774 shares of the technology retailer's stock after s
Best Buy Co., Inc. stock logo
Best Buy Co., Inc. (NYSE:BBY) Holdings Lowered by Shell Asset Management Co.
Shell Asset Management Co. trimmed its stake in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 9.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,362 shares of the technology retailer's stoc
Best Buy Co., Inc. stock logo
Best Buy Co., Inc. (NYSE:BBY) Shares Sold by OMERS ADMINISTRATION Corp
OMERS ADMINISTRATION Corp trimmed its position in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 22.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,852 shares of the technology retailer's stock after selling 5,52
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26,551 Shares in Best Buy Co., Inc. (NYSE:BBY) Purchased by Numerai GP LLC
Numerai GP LLC acquired a new position in Best Buy Co., Inc. (NYSE:BBY - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 26,551 shares of the technology retailer's stock, valued at approxim
Best Buy Co., Inc. stock logo
Jefferies Financial Group Inc. Has $3.17 Million Stock Position in Best Buy Co., Inc. (NYSE:BBY)
Jefferies Financial Group Inc. lowered its position in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 67.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,909 shares of the technology retailer's stock after sell
Best Buy Co., Inc. stock logo
Cetera Investment Advisers Boosts Stock Position in Best Buy Co., Inc. (NYSE:BBY)
Cetera Investment Advisers boosted its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 22.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 71,058 shares of the technology retailer's stock after acquiring an additional 13,025 shares d
Best Buy Co., Inc. stock logo
Ensign Peak Advisors Inc Acquires 31,765 Shares of Best Buy Co., Inc. (NYSE:BBY)
Ensign Peak Advisors Inc grew its position in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 40.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,362 shares of the tech
Best Buy Co., Inc. stock logo
Deutsche Bank AG Purchases 197,929 Shares of Best Buy Co., Inc. (NYSE:BBY)
Deutsche Bank AG boosted its position in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 18.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,282,650 shares of the technology retailer's stock after acquiring an additional 1
Best Buy Co., Inc. stock logo
Brevan Howard Capital Management LP Invests $326,000 in Best Buy Co., Inc. (NYSE:BBY)
Brevan Howard Capital Management LP bought a new stake in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,798 shares of th
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BBY Media Mentions By Week

BBY Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

BBY
News Sentiment

1.07

0.98

Average
Retail/Wholesale
News Sentiment

BBY News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

BBY Articles
This Week

41

19

BBY Articles
Average Week

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This page (NYSE:BBY) was last updated on 5/28/2025 by MarketBeat.com Staff
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