Best Buy Co. Inc. (BBY) Social Stream
BEST BUY CO INC (BBY) Price Targets From Analysts
Use the tables below to see what analysts covering BEST BUY CO INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-26 | 15 | $157 | $114 | $133.307 | $78.46 | 69.9% |
| 2021-11-19 | 16 | $157 | $114 | $133.307 | $78.46 | 69.9% |
| 2021-11-24 | 16 | $175 | $106 | $134.357 | $78.46 | 71.24% |
| 2022-01-05 | 16 | $175 | $106 | $132.928 | $78.46 | 69.42% |
| 2022-01-13 | 17 | $175 | $106 | $131.266 | $78.46 | 67.3% |
| 2022-01-18 | 17 | $175 | $106 | $130.6 | $78.46 | 66.45% |
| 2022-02-28 | 13 | $155 | $90 | $123 | $78.46 | 56.77% |
| 2022-03-04 | 15 | $155 | $90 | $123 | $78.46 | 56.77% |
| 2022-03-21 | 15 | $144 | $90 | $124.666 | $78.46 | 58.89% |
| 2022-05-03 | 14 | $144 | $90 | $124.666 | $78.46 | 58.89% |
| 2022-05-13 | 15 | $144 | $80 | $123.833 | $78.46 | 57.83% |
| 2022-05-16 | 15 | $144 | $80 | $121.333 | $78.46 | 54.64% |
| 2022-05-20 | 15 | $144 | $80 | $115.166 | $78.46 | 46.78% |
| 2022-05-23 | 15 | $144 | $80 | $110.75 | $78.46 | 41.15% |
| 2022-05-25 | 15 | $144 | $80 | $110 | $78.46 | 40.2% |
| 2022-05-26 | 16 | $135 | $65 | $94.461 | $78.46 | 20.39% |
| 2022-06-14 | 16 | $135 | $65 | $92.923 | $78.46 | 18.43% |
| 2022-07-25 | 16 | $135 | $65 | $92.153 | $78.46 | 17.45% |
| 2022-07-28 | 17 | $100 | $65 | $79.307 | $78.46 | 1.08% |
| 2022-08-05 | 17 | $91 | $62.1 | $76.94 | $78.46 | -1.94% |
| 2022-08-30 | 17 | $88 | $62.1 | $76.473 | $78.46 | -2.53% |
| 2022-08-31 | 17 | $99 | $62.1 | $77.206 | $78.46 | -1.6% |
| 2022-09-17 | 17 | $99 | $61 | $77.54 | $78.46 | -1.17% |
| 2022-11-18 | 18 | $99 | $61 | $76.631 | $78.46 | -2.33% |
| 2022-11-23 | 18 | $99 | $61 | $77.318 | $78.46 | -1.46% |
| 2022-11-30 | 19 | $99 | $59 | $78.829 | $78.46 | 0.47% |
| 2022-12-13 | 19 | $99 | $62.1 | $80.241 | $78.46 | 2.27% |
| 2023-01-09 | 19 | $99 | $62.1 | $79.594 | $78.46 | 1.45% |
| 2023-02-14 | 20 | $99 | $62.1 | $79.594 | $78.46 | 1.45% |
| 2023-02-27 | 20 | $99 | $62.1 | $80.417 | $78.46 | 2.49% |
| 2023-03-03 | 20 | $96 | $62.1 | $80.123 | $78.46 | 2.12% |
| 2023-05-09 | 20 | $96 | $62 | $80.535 | $78.46 | 2.64% |
| 2023-05-15 | 20 | $96 | $62 | $80.241 | $78.46 | 2.27% |
| 2023-05-19 | 20 | $96 | $62 | $79.476 | $78.46 | 1.29% |
| 2023-05-26 | 20 | $93 | $62 | $78.182 | $78.46 | -0.35% |
| 2023-06-08 | 18 | $88 | $62 | $78.312 | $78.46 | -0.19% |
| 2023-08-02 | 19 | $88 | $62 | $78.4 | $78.46 | -0.08% |
| 2023-08-21 | 19 | $88 | $62 | $77.866 | $78.46 | -0.76% |
| 2023-08-30 | 20 | $90 | $62 | $79 | $78.46 | 0.69% |
| 2023-08-31 | 20 | $91 | $70 | $80.937 | $78.46 | 3.16% |
| 2023-10-05 | 20 | $91 | $70 | $80.75 | $78.46 | 2.92% |
| 2023-10-19 | 20 | $91 | $70 | $81.866 | $78.46 | 4.34% |
| 2023-11-07 | 19 | $91 | $60 | $81.2 | $78.46 | 3.49% |
| 2023-11-10 | 19 | $91 | $60 | $80.4 | $78.46 | 2.47% |
| 2023-11-13 | 19 | $90 | $60 | $79.466 | $78.46 | 1.28% |
| 2023-11-21 | 19 | $90 | $60 | $77.533 | $78.46 | -1.18% |
| 2023-11-22 | 19 | $88 | $60 | $75.6 | $78.46 | -3.65% |
| 2023-12-04 | 20 | $86 | $60 | $73.937 | $78.46 | -5.76% |
| 2023-12-11 | 20 | $89 | $60 | $75.187 | $78.46 | -4.17% |
The Trend in the Analyst Price Target
Over the past 45 weeks, BBY's average price target has gone down $4.41.
BBY reports an average of 6.12% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-05-19 | 20 | 96 | 62 | 79.476 | 70.53 | 12.68% |
| 2023-05-26 | 20 | 88 | 62 | 77.358 | 74.33 | 4.07% |
| 2023-06-08 | 18 | 88 | 62 | 77.358 | 75.36 | 2.65% |
| 2023-08-31 | 20 | 91 | 70 | 81.125 | 76.45 | 6.12% |
| 2023-11-07 | 19 | 91 | 60 | 81.200 | 65.57 | 23.84% |
BBY Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.65 | 5 | 0 | 13 | 1 | 1 | 20 |
The Trend in the Broker Recommendations
Over the past 19 months, BBY's average broker recommendation rating worsened by 0.32.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, BEST BUY CO INC's number of analysts covering the stock is greater than 5794.16% of them.
- BBY has a higher upside potential (average analyst target price relative to current price) than 3417.83% of stocks in the large market cap category.
- In terms of how BEST BUY CO INC fares relative to Retail stocks, note that its variance in analysts' estimates is lower than -2318.74% of that group.
- To contextualize these metrics, consider that out of Consumer Cyclical stocks, BEST BUY CO INC's average analyst price target is higher than 4482.9% of them.
Stocks similar to BEST BUY CO INC in the Retail industry regarding analyst recommendations and price targets are DKS, ODP, and WBA.
View All Top Stocks by Price Target
What is the outlook for BBY? Use POWR Ratings for clearer insight into price direction.