Is Best Buy Co. Inc (BBY) Stock a Good Buy for Short-term Investors?

A share price of Best Buy Co. Inc [BBY] is currently trading at $71.52, down -0.97%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BBY shares have gain 0.52% over the last week, with a monthly amount glided 5.99%, 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 May 23, 2025, when Telsey Advisory Group reiterated its Outperform rating and also revised its price target to $90 from $100. Previously, Citigroup downgraded its rating to Neutral on April 03, 2025, and kept the price target unchanged to $70. On March 05, 2025, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $100 on the stock. Telsey Advisory Group reiterated its Outperform rating and decreased its price target to $110 on November 27, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $115 on August 30, 2024. UBS upgraded its rating to Buy for this stock on June 17, 2024, and upped its price target to $106. In a note dated June 03, 2024, Citigroup upgraded an Buy rating on this stock and boosted its target price from $67 to $100.

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 $71.52 at the most recent close of the market. An investor can expect a potential return of 27.04% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.44.

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 71.05 points at the first support level, and at 70.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.46, and for the 2nd resistance point, it is at 73.39.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Best Buy Co. Inc [NYSE:BBY] is 1.03. In addition, the Quick Ratio stands at 0.39 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.36, the price to book ratio is 5.38 and price to earnings (TTM) ratio is 16.73.

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.

Related Posts

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.