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 | $68.9 | 93.48% |
| 2021-11-19 | 16 | $157 | $114 | $133.307 | $68.9 | 93.48% |
| 2021-11-24 | 16 | $175 | $106 | $134.357 | $68.9 | 95% |
| 2022-01-05 | 16 | $175 | $106 | $132.928 | $68.9 | 92.93% |
| 2022-01-13 | 17 | $175 | $106 | $131.266 | $68.9 | 90.52% |
| 2022-01-18 | 17 | $175 | $106 | $130.6 | $68.9 | 89.55% |
| 2022-02-28 | 13 | $155 | $90 | $123 | $68.9 | 78.52% |
| 2022-03-04 | 15 | $155 | $90 | $123 | $68.9 | 78.52% |
| 2022-03-21 | 15 | $144 | $90 | $124.666 | $68.9 | 80.94% |
| 2022-05-03 | 14 | $144 | $90 | $124.666 | $68.9 | 80.94% |
| 2022-05-13 | 15 | $144 | $80 | $123.833 | $68.9 | 79.73% |
| 2022-05-16 | 15 | $144 | $80 | $121.333 | $68.9 | 76.1% |
| 2022-05-20 | 15 | $144 | $80 | $115.166 | $68.9 | 67.15% |
| 2022-05-23 | 15 | $144 | $80 | $110.75 | $68.9 | 60.74% |
| 2022-05-25 | 15 | $144 | $80 | $110 | $68.9 | 59.65% |
| 2022-05-26 | 16 | $135 | $65 | $94.461 | $68.9 | 37.1% |
| 2022-06-14 | 16 | $135 | $65 | $92.923 | $68.9 | 34.87% |
| 2022-07-25 | 16 | $135 | $65 | $92.153 | $68.9 | 33.75% |
| 2022-07-28 | 17 | $100 | $65 | $79.307 | $68.9 | 15.1% |
| 2022-08-05 | 17 | $91 | $62.1 | $76.94 | $68.9 | 11.67% |
| 2022-08-30 | 17 | $88 | $62.1 | $76.473 | $68.9 | 10.99% |
| 2022-08-31 | 17 | $99 | $62.1 | $77.206 | $68.9 | 12.06% |
| 2022-09-17 | 17 | $99 | $61 | $77.54 | $68.9 | 12.54% |
| 2022-11-18 | 18 | $99 | $61 | $77.068 | $68.9 | 11.85% |
| 2022-11-23 | 18 | $99 | $61 | $77.318 | $68.9 | 12.22% |
| 2022-11-30 | 19 | $99 | $59 | $78.829 | $68.9 | 14.41% |
| 2022-12-13 | 19 | $99 | $62.1 | $80.241 | $68.9 | 16.46% |
| 2023-01-09 | 19 | $99 | $62.1 | $79.594 | $68.9 | 15.52% |
| 2023-02-14 | 20 | $99 | $62.1 | $79.594 | $68.9 | 15.52% |
| 2023-02-27 | 20 | $99 | $62.1 | $80.417 | $68.9 | 16.72% |
| 2023-03-03 | 20 | $96 | $62.1 | $80.123 | $68.9 | 16.29% |
| 2023-05-09 | 20 | $96 | $62 | $80.535 | $68.9 | 16.89% |
| 2023-05-15 | 20 | $96 | $62 | $80.241 | $68.9 | 16.46% |
| 2023-05-19 | 20 | $96 | $62 | $79.476 | $68.9 | 15.35% |
| 2023-05-26 | 20 | $93 | $62 | $78.182 | $68.9 | 13.47% |
| 2023-06-08 | 18 | $88 | $62 | $77.358 | $68.9 | 12.28% |
| 2023-08-02 | 19 | $88 | $62 | $78.4 | $68.9 | 13.79% |
| 2023-08-21 | 19 | $88 | $62 | $77.866 | $68.9 | 13.01% |
| 2023-08-30 | 20 | $90 | $62 | $79 | $68.9 | 14.66% |
| 2023-08-31 | 20 | $91 | $70 | $81.125 | $68.9 | 17.74% |
The Trend in the Analyst Price Target
Over the past 39 months, BBY's average price target has gone down $3.04.
Over the past 45 weeks, BBY's average upside potential has been 1.44%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-11-30 | 19 | 99 | 59.0 | 78.829 | 85.30 | -7.59% |
| 2023-02-14 | 20 | 99 | 62.1 | 79.594 | 88.31 | -9.87% |
| 2023-03-03 | 20 | 96 | 62.1 | 80.123 | 83.26 | -3.77% |
| 2023-08-21 | 19 | 88 | 62.0 | 77.866 | 78.88 | -1.29% |
| 2023-08-31 | 20 | 91 | 70.0 | 80.937 | 76.45 | 5.87% |
BBY Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.85 | 3 | 0 | 15 | 1 | 1 | 20 |
The Trend in the Broker Recommendations
Over the past 19 months, BBY's average broker recommendation rating worsened by 0.64.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In the context of all US stocks, BEST BUY CO INC's number of analysts covering the stock is higher than 4778.4% of them.
- BBY has a greater average analyst price target than 3975.63% of all US stocks.
- To contextualize these metrics, consider that out of stocks in the large market cap category, BEST BUY CO INC's upside potential (average analyst target price relative to current price) is higher than 3120.38% of them.
- BBY has a lower variance in analysts' estimates than -2020.55% of Retail stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Retail industry with the ratings most similar to BEST BUY CO INC are DKS, ODP, and GME.
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