The outlook and analysis of Best Buy Co. Inc (BBY)’s stock

A share price of Best Buy Co. Inc [BBY] is currently trading at $72.84, down -0.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The BBY shares have gain 4.93% over the last week, with a monthly amount glided 19.14%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Best Buy Co. Inc [NYSE: BBY] stock has seen the most recent analyst activity on April 03, 2025, when Citigroup downgraded its rating to a Neutral but kept the price target unchanged to $70 for it. Previously, Telsey Advisory Group reaffirmed its Outperform rating on March 05, 2025, and dropped its price target to $100. On November 27, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $110 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $115 on August 30, 2024. UBS upgraded its rating to a Buy and raised its price target to $106 on June 17, 2024. Citigroup upgraded its rating to Buy for this stock on June 03, 2024, and upped its price target to $100. In a note dated May 23, 2024, Telsey Advisory Group downgraded an Market Perform rating on this stock but restated the target price of $95.

Best Buy Co. Inc experienced fluctuations in its stock price throughout the past year between $54.99 and $103.71. Currently, Wall Street analysts expect the stock to reach $90.86 within the next 12 months. Best Buy Co. Inc [NYSE: BBY] shares were valued at $72.84 at the most recent close of the market. An investor can expect a potential return of 24.74% based on the average BBY price forecast.

Analyzing the BBY fundamentals

Trailing Twelve Months sales for Best Buy Co. Inc [NYSE:BBY] were 41.53B which represents -4.77% decline. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.31 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.44.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 72.37 points at the first support level, and at 71.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.33, and for the 2nd resistance point, it is at 73.82.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Best Buy Co. Inc [NYSE:BBY] is 1.03. On the other hand, the Quick Ratio is 0.39, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 5.48 and price to earnings (TTM) ratio is 17.03.

Transactions by insiders

Recent insider trading involved Bilunas Matthew M, SEVP Enterprise Strategy & CFO, that happened on Mar 24 ’25 when 51000.0 shares were sold. SEVP Enterprise Strategy & CFO, Bilunas Matthew M completed a deal on Mar 21 ’25 to sell 9482.0 shares. Meanwhile, SVP, Controller & CAO Watson Mathew sold 2951.0 shares on Mar 21 ’25.

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