Q4 EPS Estimates for Best Buy Cut by Telsey Advisory Group

Best Buy Co., Inc. (NYSE:BBY) – Equities researchers at Telsey Advisory Group dropped their Q4 2025 earnings per share (EPS) estimates for shares of Best Buy in a report released on Tuesday, November 26th. Telsey Advisory Group analyst J. Feldman now expects that the technology retailer will post earnings per share of $2.41 for the quarter, down from their prior forecast of $2.52. Telsey Advisory Group has a “Outperform” rating and a $110.00 price target on the stock. The consensus estimate for Best Buy’s current full-year earnings is $6.19 per share. Telsey Advisory Group also issued estimates for Best Buy’s Q1 2026 earnings at $1.25 EPS, Q2 2026 earnings at $1.44 EPS, Q3 2026 earnings at $1.39 EPS, Q4 2026 earnings at $2.64 EPS and FY2026 earnings at $6.70 EPS.

BBY has been the topic of a number of other research reports. JPMorgan Chase & Co. increased their price objective on shares of Best Buy from $111.00 to $117.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. The Goldman Sachs Group increased their price target on Best Buy from $95.00 to $116.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Bank of America upped their target price on Best Buy from $70.00 to $80.00 and gave the stock an “underperform” rating in a research note on Friday, August 30th. Citigroup dropped their target price on Best Buy from $109.00 to $101.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Wedbush boosted their price target on Best Buy from $85.00 to $95.00 and gave the company a “neutral” rating in a report on Friday, August 30th. 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 assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.06.

Best Buy Price Performance

Shares of NYSE:BBY opened at $90.05 on Thursday. 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 0.34 and a debt-to-equity ratio of 0.37. The company has a market cap of $19.34 billion, a PE ratio of 15.39, a price-to-earnings-growth ratio of 2.34 and a beta of 1.47. The company’s 50 day moving average is $93.81 and its 200 day moving average is $89.17.

Best Buy (NYSE:BBY) last announced its quarterly earnings data on Thursday, August 29th. The technology retailer reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.18. The firm had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.23 billion. Best Buy had a return on equity of 45.93% and a net margin of 3.01%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the business posted $1.22 earnings per share.

Best Buy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 7th. Investors of record on Tuesday, December 17th will be paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Tuesday, December 17th. Best Buy’s dividend payout ratio is presently 64.27%.

Institutional Investors Weigh In On Best Buy

Several large investors have recently bought and sold shares of BBY. Richardson Financial Services Inc. lifted its position in shares of Best Buy by 190.9% in the second quarter. Richardson Financial Services Inc. now owns 320 shares of the technology retailer’s stock valued at $27,000 after acquiring an additional 210 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new position in Best Buy in the 3rd quarter valued at $40,000. LRI Investments LLC boosted its stake in Best Buy by 632.1% during the 3rd quarter. LRI Investments LLC now owns 388 shares of the technology retailer’s stock worth $40,000 after purchasing an additional 335 shares during the last quarter. Innealta Capital LLC purchased a new stake in shares of Best Buy during the second quarter worth $35,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Best Buy in the third quarter valued at about $44,000. 80.96% of the stock is currently owned by hedge funds and other institutional investors.

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.