Best Buy (BBY)
(Delayed Data from NYSE)
$97.86 USD
+0.56 (0.58%)
Updated Sep 23, 2024 04:00 PM ET
After-Market: $98.19 +0.33 (0.34%) 7:44 PM ET
3-Hold of 5 3
A Value A Growth A Momentum A VGM
Best Buy (BBY) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$105.05 | $123.00 | $80.00 | 7.97% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for Best Buy comes to $105.05. The forecasts range from a low of $80.00 to a high of $123.00. The average price target represents an increase of 7.97% from the last closing price of $97.30.
Analyst Price Targets (19)
Broker Rating
Best Buy currently has an average brokerage recommendation (ABR) of 2.00 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 2.05 a month ago based on 20 recommendations.
Of the 21 recommendations deriving the current ABR, 11 are Strong Buy, representing 52.38% of all recommendations. A month ago, Strong Buy represented 50%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 11 | 11 | 10 | 10 | 10 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 9 | 9 | 9 | 10 | 10 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.00 | 2.00 | 2.05 | 2.10 | 2.10 |
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 |
---|---|---|---|---|
8/30/2024 | Wedbush Securities | Seth Basham | Hold | Hold |
8/30/2024 | Goldman Sachs | Katharine A Mcshane | Strong Buy | Strong Buy |
8/30/2024 | Telsey Advisory Group | Joseph Feldman | Strong Buy | Strong Buy |
8/30/2024 | Evercore Partners | Gregory S Melich | Hold | Hold |
8/30/2024 | Not Identified | Not Identified | Hold | Hold |
8/30/2024 | Truist Securities | Scot Ciccarelli | Hold | Hold |
8/30/2024 | D.A. Davidson | Michael Baker | Strong Buy | Strong Buy |
8/30/2024 | Piper Sandler | Peter J Keith | Strong Buy | Strong Buy |
8/29/2024 | Exane BNP Paribas | Chris J Bottiglieri | Not Available | Strong Buy |
8/29/2024 | Not Identified | Not Identified | Hold | Hold |
8/19/2024 | Wells Fargo Securities | Zachary Fadem | Hold | Hold |
8/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
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 | Not Identified | Not Identified | Hold | Hold |
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 | 2.00 |
ABR (Last week) | 2.00 |
# of Recs in ABR | 21 |
Average Target Price | $105.05 |
LT Growth Rate | 6.10% |
Industry | Retail - Consumer Electronics |
Industry Rank by ABR | 89 of 253 |
Current Quarter EPS Est: | 1.30 |
BBY FAQs
Best Buy Co., Inc. (BBY) currently has an average brokerage recommendation (ABR) of 2.00 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 average price target for Best Buy Co., Inc. (BBY) is $105.05. The current on short-term price targets is based on 12 reports.
The forecasts for Best Buy Co., Inc. (BBY) range from a low of $80 to a high of $123. The average price target represents a increase of $7.97 from the last closing price of $97.30.
The current UPSIDE for Best Buy Co., Inc. (BBY) is 7.97%
Based on short-term price targets offered by 19 analysts, the average price target for Best Buy comes to $105.05. The forecasts range from a low of $80.00 to a high of $123.00. The average price target represents an increase of 7.97% from the last closing price of $97.30.