Best Buy Co Inc (BBY)

NYSE
Currency in USD
83.21
+0.41(+0.50%)
Closed
After Hours
83.61+0.40(+0.48%)
BBY Scorecard
Full Analysis
Has raised its dividend for 7 consecutive years
High dividend Yield
Fair Value
Day's Range
82.6684.64
52 wk Range
69.29103.71
Key Statistics
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Prev. Close
82.8
Open
84.29
Day's Range
82.66-84.64
52 wk Range
69.29-103.71
Volume
1.88M
Average Vol. (3m)
3.03M
1-Year Change
12.1%
Book Value / Share
14.35
Fair Value
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Fair Value Upside
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BBY Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
98.02
Upside
+17.80%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth
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Best Buy Co Inc Company Profile

Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions. The company’s stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care; entertainment products consisting of drones, peripherals, movies, and toys, as well as hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides delivery, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Employees
85000

Best Buy Co Inc SWOT Analysis


Future Prospects
Discover analysts' optimistic outlook for Best Buy, with UBS setting a price target of $106 and Citi Research at $100, reflecting potential for growth
Market Positioning
Learn about Best Buy's competitive stance against retail giants like Walmart and Amazon, leveraging its omnichannel model and consumer electronics expertise
Margin Mastery
Delve into Best Buy's impressive margin execution and operational efficiency, with a gross profit margin of 22.4% and return on equity of 43%
AI-Driven Growth
Explore how Best Buy is poised to capitalize on AI innovations in consumer electronics, potentially driving higher sales and average selling prices
Read full SWOT analysis

Best Buy Co Inc Earnings Call Summary for Q3/2025

  • Best Buy Q3 revenue at $9.4B, with 2.9% drop in comparable sales; non-GAAP operating income rate at 3.7%
  • Online sales reached $2.7B, 31% of domestic revenue; computing and tablet sales grew, laptops up 7%
  • Q4 outlook: comparable sales flat to -3%; full-year non-GAAP operating income rate target 4.1-4.2%
  • Early Black Friday sales show promise with 5% growth in enterprise comparable sales in November's first 3 weeks
  • Strategic initiatives include expanding Best Buy Express in Canada and planning U.S. marketplace launch
Last Updated: 11/26/2024, 09:12 AM
Read Full Transcript

Compare BBY to Peers and Sector

Metrics to compare
BBY
Peers
Sector
Relationship
P/E Ratio
14.0x−8.8x10.7x
PEG Ratio
25.920.010.02
Price / Book
5.8x−0.8x1.4x
Price / LTM Sales
0.4x0.2x0.9x
Upside (Analyst Target)
20.1%−21.5%26.2%
Fair Value Upside
Unlock0.2%8.5%Unlock

Analyst Ratings

11 Buy
18 Hold
1 Sell
Ratings:
30 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 98.02

(+17.80% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.89
Dividend Yield
4.54%
Industry Median 1.80%
Annualized Payout
3.7600
Paid quarterly
5-Years Growth
+13.34%
Growth Streak

Earnings

Latest Release
Nov 26, 2024
EPS / Forecast
1.26 / 1.30
Revenue / Forecast
9.45B / 9.64B
EPS Revisions
Last 90 days

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FAQ

What Is the Best Buy (BBY) Stock Price Today?

The Best Buy stock price today is 83.21

What Stock Exchange Does Best Buy Trade On?

Best Buy is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Best Buy?

The stock symbol for Best Buy is "BBY."

Does Best Buy Pay Dividends? What’s The Current Dividend Yield?

The Best Buy dividend yield is 4.54%.

What Is the Best Buy Market Cap?

As of today, Best Buy market cap is 17.78B.

What is Best Buy Earnings Per Share?

The Best Buy EPS is 5.89.

What Is the Next Best Buy Earnings Date?

Best Buy will release its next earnings report on Feb 27, 2025.

From a Technical Analysis Perspective, Is BBY a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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