Best Buy (BBY) Stock Forecast & Price Target

$68.98 +1.43 (+2.12%)

Closing price 08/8/2025 03:59 PM Eastern

Extended Trading

$68.87 -0.11 (-0.16%)

As of 08/8/2025 07:56 PM Eastern

Best Buy - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 20 Analyst Ratings

Sell
1

Hold
11

Buy
8

Based on 20 Wall Street analysts who have issued ratings for Best Buy in the last 12 months, the stock has a consensus rating of "Hold." Out of the 20 analysts, 1 has given a sell rating, 11 have given a hold rating, and 8 have given a buy rating for BBY.

Consensus Price Target

$85.72
24.27% Upside

According to the 20 analysts' twelve-month price targets for Best Buy, the average price target is $85.72. The highest price target for BBY is $116.00, while the lowest price target for BBY is $67.00. The average price target represents a forecasted upside of 24.27% from the current price of $68.98.

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BBY Analyst Ratings Over Time

Type	Current Forecast 8/10/24 to 8/10/25	1 Month Ago 7/11/24 to 7/11/25	3 Months Ago 5/12/24 to 5/12/25	1 Year Ago 8/11/23 to 8/10/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	9 Buy rating(s)	8 Buy rating(s)	9 Buy rating(s)
Hold	11 Hold rating(s)	10 Hold rating(s)	9 Hold rating(s)	6 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$85.72	$86.11	$91.28	$90.87
Forecasted Upside	24.27% Upside	19.78% Upside	24.44% Upside	8.52% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

BBY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BBY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Best Buy Stock vs. The Competition

Type	Best Buy	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.35	2.53	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	24.27% Upside	64.52% Upside	13.84% Upside
News Sentiment Rating	Very Positive News See Recent BBY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/14/2025	Piper Sandler 2 of 5 stars	Peter Keith Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Neutral	$82.00 ➝ $75.00	+4.33%
6/10/2025	Guggenheim 2 of 5 stars	Steven Forbes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$90.00	+20.10%
5/30/2025	BNP Paribas 4 of 5 stars	C. Bottiglieri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
5/30/2025	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Anthony Chukumba Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$90.00 ➝ $80.00	+19.56%
5/30/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Scot Ciccarelli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$64.00 ➝ $69.00	+4.17%
5/30/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Seth Sigman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$89.00 ➝ $74.00	+11.85%
5/30/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Michael Lasser Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$95.00 ➝ $90.00	+35.35%
5/30/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Zachary Fadem Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$75.00 ➝ $67.00	+0.92%
5/30/2025	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mccartney Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$75.00 ➝ $70.00	+5.44%
5/30/2025	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Joseph Feldman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$90.00	+35.37%
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4/14/2025	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Michael Baker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$110.00 ➝ $110.00	+73.50%
4/3/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Steven Zaccone Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$93.00 ➝ $70.00	-7.62%
3/5/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Greg Melich Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	In-Line ➝ In-Line	$95.00 ➝ $80.00	+5.44%
3/5/2025	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Bradley Thomas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Weight ➝ Sector Weight
3/5/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Christopher Horvers Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$115.00 ➝ $110.00	+45.63%
3/5/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Simeon Gutman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$100.00 ➝ $85.00	+12.74%
3/5/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Elizabeth Suzuki Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underperform ➝ Underperform	$80.00 ➝ $75.00	-0.52%
3/4/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jonathan Matuszewski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$106.00 ➝ $92.00	+22.02%
9/23/2024	Melius Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Short Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$100.00	+2.33%
9/3/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$95.00 ➝ $116.00	+15.08%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:35 AM ET.

BBY Forecast - Frequently Asked Questions

: According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Best Buy is $85.72, with a high forecast of $116.00 and a low forecast of $67.00.
: 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Best Buy in the last twelve months. There is currently 1 sell rating, 11 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BBY, but not buy additional shares or sell existing shares.
: According to analysts, Best Buy's stock has a predicted upside of 24.27% based on their 12-month stock forecasts.
: Over the previous 90 days, Best Buy's stock had 2 upgrades by analysts.
: Best Buy has been rated by research analysts at Barclays, BNP Paribas, Guggenheim, Loop Capital, Piper Sandler, Telsey Advisory Group, Truist Financial, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like Best Buy less than other "retail/wholesale" companies. The consensus rating for Best Buy is Hold while the average consensus rating for "retail/wholesale" companies is Moderate Buy. Learn more on how BBY compares to other companies.

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This page (NYSE:BBY) was last updated on 8/10/2025 by MarketBeat.com Staff

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Best Buy (BBY) Stock Forecast & Price Target