Best Buy Co., Inc. Expected to Post Q3 2025 Earnings of $1.30 Per Share (NYSE:BBY)

Best Buy Co., Inc. (NYSE:BBY) – Investment analysts at Zacks Research cut their Q3 2025 EPS estimates for Best Buy in a report issued on Wednesday, September 18th. Zacks Research analyst R. Department now forecasts that the technology retailer will post earnings per share of $1.30 for the quarter, down from their prior estimate of $1.32. The consensus estimate for Best Buy’s current full-year earnings is $6.26 per share. Zacks Research also issued estimates for Best Buy’s FY2025 earnings at $6.26 EPS, Q1 2026 earnings at $1.26 EPS, Q2 2026 earnings at $1.48 EPS, Q3 2026 earnings at $1.48 EPS, Q4 2026 earnings at $2.70 EPS, FY2026 earnings at $6.91 EPS, Q1 2027 earnings at $1.38 EPS, Q2 2027 earnings at $1.61 EPS and FY2027 earnings at $7.56 EPS.

Best Buy (NYSE:BBY) last released its quarterly earnings data on Thursday, August 29th. The technology retailer reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.18. Best Buy had a net margin of 2.96% and a return on equity of 47.19%. The firm had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.23 billion. During the same period last year, the firm earned $1.22 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis.

Other equities analysts also recently issued reports about the stock. Bank of America increased their price objective on shares of Best Buy from $70.00 to $80.00 and gave the company an “underperform” rating in a research note on Friday, August 30th. UBS Group increased their price objective on shares of Best Buy from $106.00 to $123.00 and gave the company a “buy” rating in a research note on Friday, August 30th. Barclays raised their target price on shares of Best Buy from $81.00 to $95.00 and gave the company an “equal weight” rating in a research note on Friday, August 30th. BNP Paribas upgraded shares of Best Buy to a “strong-buy” rating in a research note on Thursday, August 29th. Finally, Truist Financial raised their target price on shares of Best Buy from $86.00 to $107.00 and gave the company a “hold” rating in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $102.56.

Best Buy Price Performance

NYSE BBY opened at $97.27 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.34 and a current ratio of 1.01. The firm’s 50 day moving average price is $90.15 and its 200-day moving average price is $83.45. Best Buy has a 52-week low of $62.30 and a 52-week high of $103.71. The company has a market cap of $20.98 billion, a PE ratio of 17.04, a P/E/G ratio of 2.56 and a beta of 1.46.

Best Buy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Thursday, September 19th will be issued a $0.94 dividend. The ex-dividend date is Thursday, September 19th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 3.87%. Best Buy’s dividend payout ratio is currently 65.85%.

Insider Buying and Selling

In related news, EVP Jason J. Bonfig sold 3,500 shares of the firm’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $83.02, for a total transaction of $290,570.00. Following the completion of the transaction, the executive vice president now owns 50,714 shares of the company’s stock, valued at $4,210,276.28. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Chairman Richard M. Schulze sold 600,000 shares of the firm’s stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $88.29, for a total transaction of $52,974,000.00. Following the completion of the transaction, the chairman now owns 14,002,853 shares of the company’s stock, valued at $1,236,311,891.37. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Jason J. Bonfig sold 3,500 shares of Best Buy stock in a transaction on Monday, July 8th. The shares were sold at an average price of $83.02, for a total transaction of $290,570.00. Following the completion of the transaction, the executive vice president now directly owns 50,714 shares of the company’s stock, valued at approximately $4,210,276.28. The disclosure for this sale can be found here. Insiders sold a total of 1,383,370 shares of company stock valued at $122,233,276 over the last 90 days. Insiders own 0.59% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AMF Tjanstepension AB purchased a new position in Best Buy in the first quarter valued at $8,676,000. GAMMA Investing LLC increased its holdings in Best Buy by 78.7% in the second quarter. GAMMA Investing LLC now owns 2,039 shares of the technology retailer’s stock valued at $172,000 after buying an additional 898 shares in the last quarter. Bridgewater Associates LP increased its holdings in Best Buy by 34.9% in the fourth quarter. Bridgewater Associates LP now owns 195,156 shares of the technology retailer’s stock valued at $15,277,000 after buying an additional 50,438 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in Best Buy by 11.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 74,764 shares of the technology retailer’s stock valued at $6,302,000 after buying an additional 7,663 shares in the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of Best Buy in the fourth quarter valued at about $328,000. Hedge funds and other institutional investors own 80.96% of the company’s stock.

About Best Buy

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.