Best Buy (BBY) News Today $66.48 -5.04 (-7.04%) Closing price 03:59 PM EasternExtended Trading$66.29 -0.19 (-0.29%) As of 07:59 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. Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock Why is Best Buy Dropping Today?Best Buy Co., Inc. (NYSE:BBY) shares are trading lower today after the company reported mixed first-quarter results and lowered its full-year guidance amid persistent tariff pressures and modest revenue declines. Reported Q1 EPS of $1.15, beating consensus by $0.06 per share Short interest fell 18.2% in May, potentially reducing bearish pressure Included in MarketBeat’s list of “Promising Outdoor Stocks Worth Watching” Issued FY2026 EPS guidance of $6.15–$6.30 (consensus $6.17) and revenue guidance of $41.1–$41.9 billion (consensus $41.4 billion) Analysts’ consensus rating remains at “Hold” with mixed price target adjustments JPMorgan views current levels as an attractive entry point Cut full-year sales and profit outlook due to “incredibly fluid” tariff outlook First-quarter revenue of $8.77 billion was flat to slight miss versus year-ago and forecasts Comparable-sales guidance lowered to –1% to +1% (prior flat to +2%) Forecasts a dip in annual sales amid higher electronics costs from tariffs Investing $109 million to restructure health division as at-home care adoption lags Several brokerages (Wedbush, Telsey) cut upcoming quarterly EPS estimates Posted 2h agoAI Generated. May Contain Errors. BBY Latest News All Sources Trusted Sources MarketBeat Benzinga Bloomberg GlobeNewswire GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha TalkMarkets The Street TipRanks The Wall Street Journal Wall Street Zen Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent May 2025 April 2025 March 2025 February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 Time Period Best Buy (NYSE:BBY) Posts Q1 Sales In Line With EstimatesMay 29 at 9:43 PM | msn.comS&P 500 Gains and Losses Today: HP, Best Buy Stocks Drop as Tariffs Weigh On OutlookMay 29 at 5:15 PM | investopedia.comBest Buy Predicts Dip in Sales Amid ‘Incredibly Fluid' Tariff OutlookMay 29 at 5:07 PM | pymnts.comBest Buy Cuts Guidance as Tariff Question LoomsMay 29 at 4:43 PM | msn.comWhy Best Buy (BBY) Shares Are Trading Lower TodayMay 29 at 4:43 PM | msn.comBest Buy Predicts Dip in Sales Amid ‘Incredibly Fluid' Tariff OutlookMay 29 at 4:26 PM | pymnts.comBest Buy Stock Tumbles as Retailer Lowers Outlook on Tariffs HitMay 29 at 2:25 PM | investopedia.com7 Quality Dividend Stocks on Sale TodayMay 29 at 1:38 PM | 247wallst.comTariffs Hit Best Buy Revenues As Retailer Reduces Chinese ImportsMay 29 at 1:20 PM | forbes.comTop Stock Movers Now: Nvidia, HP, Best Buy, and MoreMay 29 at 12:10 PM | investopedia.comBest Buy trades lower after cutting guidance due to tariff assumptionsMay 29 at 11:42 AM | msn.comBest Buy cuts 2025 guidance over Trump tariffs. Stock drops.May 29 at 11:42 AM | finance.yahoo.comElectronics retailer Best Buy cuts annual forecasts on tariff uncertaintyMay 29 at 11:42 AM | msn.comBest Buy Stock Slides After Company Slashes Full-Year Revenue, Profit Guidance To Reflect Trump Tariffs' ImpactMay 29 at 11:42 AM | msn.comBest Buy lowers full-year comparable sales range to -1% to +1% as tariff mitigation strategies evolveMay 29 at 11:42 AM | msn.comBest Buy trims full-year guidance as tariffs weigh on salesMay 29 at 11:05 AM | proactiveinvestors.comBest Buy trims full-year guidance as tariffs weigh on salesMay 29 at 10:51 AM | proactiveinvestors.comBest Buy Falls Short: Sales, Earnings Miss As Tariff Pressures MountMay 29 at 9:31 AM | benzinga.comBest Buy First-Quarter 2026 Financial Results: Just the NumbersMay 29 at 8:40 AM | investopedia.comBest Buy cuts its annual profit and sales outlook as it wrestles with tariffsBest Buy cut its annual outlook for profits and sales after reported a profit decline and stagnating sales for its fiscal first quarter as the nation’s largest consumer electronics retailer wrestles with shoppers’ worries about the economy and tariffsMay 29 at 8:06 AM | marketbeat.comBest Buy Cuts Guidance as Tariffs LoomMay 29 at 8:02 AM | wsj.comDSG Capital Advisors LLC Takes $2.78 Million Position in Best Buy Co., Inc. (NYSE:BBY)DSG Capital Advisors LLC bought a new stake in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 32,364 shares of the technology retailer's stock, valued at approximately $2,777,000. Other hedgeMay 29 at 7:48 AM | marketbeat.comBest Buy cuts full-year sales and profit guidance as tariffs raise cost of electronicsMay 29 at 7:23 AM | cnbc.comBest Buy Stock Falls After Earnings. Fiscal-Year Guidance Cut to Account for Tariffs.May 29 at 7:20 AM | barrons.comElectronics retailer Best Buy cuts annual sales forecast on tariff painMay 29 at 7:13 AM | reuters.comBest Buy Co., Inc. (NYSE:BBY) Receives Average Recommendation of "Hold" from AnalystsBest Buy Co., Inc. (NYSE:BBY - Get Free Report) has been given a consensus rating of "Hold" by the twenty analysts that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eight have issued a buyMay 29 at 1:50 AM | marketbeat.com3BBY : Earnings Outlook For Best Buy CoMay 28 at 1:20 PM | benzinga.comWill Earnings Results Move The Needle For Best Buy?May 28 at 8:00 AM | forbes.comTotal Wealth Planning & Management Inc. Makes New Investment in Best Buy Co., Inc. (NYSE:BBY)Total Wealth Planning & Management Inc. bought a new position in Best Buy Co., Inc. (NYSE:BBY - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,515 shares of the technology retailer's stock, valued at approximMay 28 at 6:21 AM | marketbeat.comBest Buy Co., Inc. (NYSE:BBY) Shares Sold by Jefferies Financial Group Inc.Jefferies Financial Group Inc. lessened its holdings in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 67.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,909 shares of the technology retaileMay 28 at 6:03 AM | marketbeat.com11,735 Shares in Best Buy Co., Inc. (NYSE:BBY) Bought by Woodline Partners LPWoodline Partners LP bought a new position in Best Buy Co., Inc. (NYSE:BBY - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,735 shares of the technology retailer's stock, valued at approximately $1,007,000May 28 at 4:30 AM | marketbeat.comBest Buy Co., Inc. (NYSE:BBY) Receives Consensus Rating of "Hold" from BrokeragesMay 28 at 2:52 AM | americanbankingnews.comBest Buy Strengthens Product Offering with UGREEN DealMay 27 at 5:15 PM | msn.comWedbush Analysts Lower Earnings Estimates for Best BuyMay 27 at 3:15 AM | americanbankingnews.comQ3 EPS Estimates for Best Buy Cut by Telsey Advisory GroupBest 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 shareMay 27 at 2:07 AM | marketbeat.comWedbush Brokers Decrease Earnings Estimates for Best BuyBest 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 prevMay 27 at 2:07 AM | marketbeat.comBest Buy Memorial Day deals 2025: Is Best Buy open & what’s closed? Huge tech, TV & gaming sales you can’t afford to missMay 26 at 4:39 PM | msn.comUGREEN Partners with Best Buy, Significantly Expanding Retail Presence Across the United StatesMay 26 at 11:39 AM | tmcnet.comUSS 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 sellingMay 26 at 4:45 AM | marketbeat.comVoloridge 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 ofMay 26 at 4:45 AM | marketbeat.comBest Buy (NYSE:BBY) Earns Neutral Rating from WedbushMay 26 at 1:23 AM | americanbankingnews.comTelsey Advisory Group Cuts Best Buy (NYSE:BBY) Price Target to $90.00May 26 at 1:23 AM | americanbankingnews.comWedbush Sticks to Its Hold Rating for Best Buy Co (BBY)May 25, 2025 | theglobeandmail.comWedbush 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.May 25, 2025 | marketbeat.comTelsey Advisory Group Issues Pessimistic Forecast for Best Buy (NYSE:BBY) Stock PriceTelsey 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.May 25, 2025 | marketbeat.comWedbush Initiates Coverage of Best Buy (BBY) with Neutral RatingMay 25, 2025 | insidermonkey.com2BBY : The Analyst Verdict: Best Buy Co In The Eyes Of 22 ExpertsMay 25, 2025 | benzinga.comUBS 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 stoMay 25, 2025 | marketbeat.comBest 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'sMay 24, 2025 | marketbeat.comBest Buy (BBY) Projected to Post Earnings on ThursdayBest 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/)May 24, 2025 | marketbeat.com Get Best Buy News Delivered to You Automatically Sign up to receive the latest news and ratings for BBY and its competitors with MarketBeat's FREE daily newsletter. Email Address BBY Media Mentions By Week BBY Media Sentiment Learn about the media sentiment score. 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▼0.720.85▲Average Retail/Wholesale News Sentiment BBY News Coverage Learn about the media coverage comparison. 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▼6419▲BBY Articles Average Week Get Best Buy News Delivered to You Automatically Sign up to receive the latest news and ratings for BBY and its competitors with MarketBeat's FREE daily newsletter. 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