Research Analysts Issue Forecasts for Best Buy Q4 Earnings

Best Buy Co., Inc. (NYSE:BBY) – Stock analysts at DA Davidson increased their Q4 2025 earnings per share estimates for shares of Best Buy in a research report issued to clients and investors on Monday, January 13th. DA Davidson analyst M. Baker now forecasts that the technology retailer will post earnings of $2.45 per share for the quarter, up from their prior estimate of $2.43. DA Davidson has a “Buy” rating and a $117.00 price objective on the stock. The consensus estimate for Best Buy’s current full-year earnings is $6.18 per share.

A number of other equities research analysts also recently weighed in on BBY. Telsey Advisory Group cut their target price on Best Buy from $115.00 to $110.00 and set an “outperform” rating for the company in a research report on Tuesday, November 26th. Truist Financial cut their price objective on Best Buy from $107.00 to $95.00 and set a “hold” rating for the company in a report on Wednesday, November 27th. Melius Research started coverage on Best Buy in a report on Monday, September 23rd. They set a “hold” rating and a $100.00 target price on the stock. Guggenheim dropped their price target on shares of Best Buy from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, November 29th. Finally, Barclays reduced their price objective on shares of Best Buy from $95.00 to $89.00 and set an “equal weight” rating for the company in a research report on Thursday, January 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Best Buy currently has an average rating of “Moderate Buy” and an average target price of $100.72.

Best Buy Trading Down 2.0 %

Shares of NYSE:BBY opened at $82.66 on Tuesday. Best Buy has a twelve month low of $69.29 and a twelve month high of $103.71. The company has a current ratio of 1.00, a quick ratio of 0.22 and a debt-to-equity ratio of 0.37. The firm has a market cap of $17.67 billion, a P/E ratio of 14.13, a P/E/G ratio of 2.19 and a beta of 1.43. The company has a 50 day moving average of $87.60 and a 200-day moving average of $90.20.

Best Buy (NYSE:BBY) last posted its quarterly earnings data on Tuesday, November 26th. The technology retailer reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.04). The company had revenue of $9.45 billion during the quarter, compared to analyst estimates of $9.63 billion. Best Buy had a return on equity of 45.93% and a net margin of 3.01%. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.29 EPS.

Hedge Funds Weigh In On Best Buy

Several institutional investors and hedge funds have recently modified their holdings of BBY. Richardson Financial Services Inc. raised its stake in shares of Best Buy by 190.9% during the 2nd quarter. Richardson Financial Services Inc. now owns 320 shares of the technology retailer’s stock worth $27,000 after purchasing an additional 210 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in Best Buy in the third quarter worth approximately $40,000. LRI Investments LLC raised its position in Best Buy by 632.1% during the third quarter. LRI Investments LLC now owns 388 shares of the technology retailer’s stock valued at $40,000 after acquiring an additional 335 shares in the last quarter. Benjamin Edwards Inc. grew its position in Best Buy by 50.8% in the second quarter. Benjamin Edwards Inc. now owns 493 shares of the technology retailer’s stock worth $42,000 after acquiring an additional 166 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in shares of Best Buy during the 3rd quarter worth $44,000. 80.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Matthew M. Bilunas sold 69,166 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $87.46, for a total value of $6,049,258.36. Following the completion of the sale, the chief financial officer now directly owns 92,070 shares of the company’s stock, valued at $8,052,442.20. This represents a 42.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.59% of the company’s stock.

Best Buy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Tuesday, December 17th were given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 4.55%. The ex-dividend date of this dividend was Tuesday, December 17th. Best Buy’s payout ratio is 64.27%.

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.