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Best Buy Co Inc
NYSE:BBY

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Best Buy Co Inc
NYSE:BBY
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Price: 73.1 USD -3.28% Market Closed
Market Cap: $15.4B

Wall St Price Targets

BBY Price Targets Summary
Best Buy Co Inc

Wall Street analysts forecast BBY stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for BBY is 79.94 USD with a low forecast of 60.6 USD and a high forecast of 94.5 USD.

Lowest Forecast
Price Target
60.6 USD
17% Downside
Average Forecast
Price Target
79.94 USD
9% Upside
Highest Forecast
Price Target
94.5 USD
29% Upside
Best Buy Co Inc Competitors:
Price Targets
MEB
MEP Corporation PCL
46% Upside
EG
Everest Group Ltd
14% Upside

Revenue
Forecast

-1% / Year
Past Growth
1% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
-1% / Year
Past Growth
1% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 14 years, the compound annual growth rate for Revenue has been -1%. The projected CAGR for the next 3 years is 1%.

Gross Profit
Forecast

-1% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
-1% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 14 years, the compound annual growth rate for Gross Profit has been -1%. The projected CAGR for the next 3 years is 2%.

Operating Income
Forecast

-2% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
-2% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

Over the last 14 years, the compound annual growth rate for Operating Income has been -2%. The projected CAGR for the next 3 years is 5%.

Pre-Tax Income
Forecast

-3% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss
-3% / Year
Past Growth
14% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been -3%. The projected CAGR for the next 3 years is 14%.

Net Income
Forecast

N/A
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss
N/A
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss

The compound annual growth rate for Net Income over the next 3 years is 13%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is BBY's stock price target?
Price Target
79.94 USD

According to Wall Street analysts, the average 1-year price target for BBY is 79.94 USD with a low forecast of 60.6 USD and a high forecast of 94.5 USD.

What is the Revenue forecast for Best Buy Co Inc?
Projected CAGR
1%

Over the last 14 years, the compound annual growth rate for Revenue has been -1%. The projected CAGR for the next 3 years is 1%.

What is the Gross Profit forecast for Best Buy Co Inc?
Projected CAGR
2%

Over the last 14 years, the compound annual growth rate for Gross Profit has been -1%. The projected CAGR for the next 3 years is 2%.

What is the Operating Income forecast for Best Buy Co Inc?
Projected CAGR
5%

Over the last 14 years, the compound annual growth rate for Operating Income has been -2%. The projected CAGR for the next 3 years is 5%.

What is the Pre-Tax Income forecast for Best Buy Co Inc?
Projected CAGR
14%

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been -3%. The projected CAGR for the next 3 years is 14%.

What is the Net Income forecast for Best Buy Co Inc?
Projected CAGR
13%

The compound annual growth rate for Net Income over the next 3 years is 13%.

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