Best Buy Stock Forecast

Stock Price Forecast

According to 17 professional analysts, the 12-month price target for Best Buy stock ranges from a low of $60 to a high of $110. The average analyst price target of $84.24 forecasts a 13.58% increase in the stock price over the next year.

Price Target: $84.24 (+13.58%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$84.24	$83	$110
Change	-19.10%	+13.58%	+11.91%	+48.31%

Analyst Ratings

The average analyst rating for Best Buy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	6	6	5	5	5	5
Buy	2	2	2	2	2	2
Hold	11	11	12	11	11	11
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	20	20	20	19	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Scot Ciccarelli Truist Securities	Truist Securities	Hold Maintains $79 → $84	Hold	Maintains	$79 → $84	+13.25%	Nov 26, 2025
Seth Sigman Barclays	Barclays	Hold Maintains $74 → $81	Hold	Maintains	$74 → $81	+9.21%	Nov 26, 2025
Michael Lasser UBS	UBS	Strong Buy Maintains $93 → $96	Strong Buy	Maintains	$93 → $96	+29.43%	Nov 26, 2025
Simeon Gutman Morgan Stanley	Morgan Stanley	Hold Maintains $75 → $82	Hold	Maintains	$75 → $82	+10.56%	Nov 26, 2025
Steven Forbes Guggenheim	Guggenheim	Strong Buy Reiterates $90	Strong Buy	Reiterates	$90	+21.34%	Nov 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

42.27B

from 41.53B

1.77%

from 41.53B

Revenue Next Year

42.82B

from 42.27B

1.32%

from 42.27B

EPS This Year

6.37

from 4.28

48.91%

from 4.28

EPS Next Year

6.80

from 6.37

6.72%

from 6.37

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 30, 2021	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Feb 1, 2026	Feb 1, 2027
Revenue	47.26B	51.76B	46.30B	43.45B	41.53B	42.27B	42.82B
Revenue Growth	8.31%	9.52%	-10.55%	-6.15%	-4.43%	1.77%	1.32%
EPS	6.84	9.84	6.29	5.68	4.28	6.37	6.80
EPS Growth	18.96%	43.86%	-36.08%	-9.70%	-24.65%	48.91%	6.72%
Forward PE	-	-	-	-	-	11.64	10.91
No. Analysts	-	-	-	-	-	28	28

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	44.1B	45.3B
Avg	42.3B	42.8B
Low	40.7B	41.0B

Revenue Growth

Revenue Growth	2026	2027
High	6.2%	7.1%
Avg	1.8%	1.3%
Low	-2.1%	-2.9%

EPS Forecast

EPS	2026	2027
High	6.77	7.45
Avg	6.37	6.80
Low	6.03	6.07

EPS Growth

EPS Growth	2026	2027
High	58.2%	16.9%
Avg	48.9%	6.7%
Low	40.8%	-4.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.