Best Buy Co. (BBY) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Best Buy Co. (BBY) Stock Forecast for 2023 – 2026. Sell or Buy?

Last update: September 27, 2023 (09:32)

Sector: Consumer cyclical

The share price of Best Buy Co., Inc. (BBY) now

What analysts predict: $82.05
52-week High/Low: $89.96 / $57.97

50/200 Day Moving Average: $77.79 / $78.71

This figure corresponds to the Average Price over the previous 50/200 days. For Best Buy Co. stocks, the 50-day moving average is the resistance level today.

For Best Buy Co. stocks, the 200-day moving average is the resistance level today.

Are you interested in Best Buy Co., Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Best Buy Co. stock price in 2023, 2024, 2025, 2026, 2027. How much will one Best Buy Co. share be worth in 2023 - 2027?

When should I take profit in Best Buy Co. stock? When should I record a loss on Best Buy Co. stock? What are analysts' forecasts for Best Buy Co. stock? What is the future of Best Buy Co. stock? We forecast Best Buy Co. stock performance using neural networks based on historical data on Best Buy Co. stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Best Buy Co. stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Best Buy Co. shares. This happens once a day.




Historical and forecast chart of Best Buy Co. stock

The chart below shows the historical price of Best Buy Co. stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Best Buy Co. stock price can be found in the table below.

Long-term forecasts by years.

Best Buy Co. daily forecast for a month

Date Target Pes. Opt. Vol., %
Sep 29 70.40 69.71 71.08 1.96
Sep 30 70.14 69.49 71.19 2.44
Oct 01 70.01 69.30 71.13 2.65
Oct 02 70.01 69.70 70.75 1.51
Oct 03 69.67 68.92 70.58 2.41
Oct 04 70.48 69.48 71.40 2.76
Oct 05 70.58 69.64 71.37 2.49
Oct 06 70.79 70.37 71.25 1.25
Oct 07 70.28 69.81 70.85 1.49
Oct 08 69.58 68.98 69.87 1.29
Oct 09 68.22 67.38 68.98 2.37
Oct 10 68.91 67.81 69.64 2.70
Oct 11 69.34 68.26 70.19 2.82
Oct 12 70.17 69.64 70.66 1.47
Oct 13 69.50 68.65 70.57 2.79
Oct 14 70.21 69.74 71.25 2.15
Oct 15 70.32 69.39 71.25 2.68
Oct 16 70.35 69.40 70.69 1.84
Oct 17 69.83 69.34 70.43 1.57
Oct 18 69.72 69.31 70.47 1.67
Oct 19 69.55 68.78 70.02 1.80
Oct 20 69.27 68.34 70.29 2.86
Oct 21 69.28 68.70 70.12 2.06
Oct 22 69.78 69.27 70.58 1.89
Oct 23 70.72 69.97 71.57 2.28
Oct 24 70.01 69.48 70.89 2.04
Oct 25 69.97 69.63 70.58 1.37
Oct 26 70.51 69.91 71.56 2.36
Oct 27 70.64 69.75 71.25 2.15
Oct 28 70.82 70.36 71.75 1.97

Best Buy Co. Daily Price Targets


Best Buy Co. Stock Forecast 09-29-2023.

Forecast target price for 09-29-2023: $70.40.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 1.922%.
Pessimistic target level: 69.71
Optimistic target level: 71.08

Best Buy Co. Stock Forecast 09-30-2023.

Forecast target price for 09-30-2023: $70.14.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 2.384%.
Pessimistic target level: 69.49
Optimistic target level: 71.19

Best Buy Co. Stock Forecast 10-01-2023.

Forecast target price for 10-01-2023: $70.01.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 2.579%.
Pessimistic target level: 69.30
Optimistic target level: 71.13

Best Buy Co. Stock Forecast 10-02-2023.

Forecast target price for 10-02-2023: $70.01.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 1.484%.
Pessimistic target level: 69.70
Optimistic target level: 70.75

Best Buy Co. Stock Forecast 10-03-2023.

Forecast target price for 10-03-2023: $69.67.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 2.349%.
Pessimistic target level: 68.92
Optimistic target level: 70.58

Best Buy Co. Stock Forecast 10-04-2023.

Forecast target price for 10-04-2023: $70.48.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 2.685%.
Pessimistic target level: 69.48
Optimistic target level: 71.40

BBY (BBY) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Oct. 75.34 70.21 79.99 12.23
Nov. 83.63 78.20 85.84 8.90
Dec. 79.58 76.70 85.10 9.88

Best Buy Co. forecast for this year


Best Buy Co. Stock Prediction for Oct 2023

An uptrend is forecast for this month with an optimal target price of $75.344. Pessimistic: $70.21. Optimistic: $79.99


Best Buy Co. Stock Prediction for Nov 2023

An uptrend is forecast for this month with an optimal target price of $83.6318. Pessimistic: $78.20. Optimistic: $85.84


Best Buy Co. Stock Prediction for Dec 2023

An downtrend is forecast for this month with an optimal target price of $79.5841. Pessimistic: $76.70. Optimistic: $85.10



Best Buy Co. (BBY) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 75.64 69.24 81.80 15.36
Feb 77.14 74.77 79.77 6.28
Mar 81.56 77.07 85.95 10.33
Apr 88.37 85.85 95.76 10.35
May 91.87 85.00 98.24 13.48
Jun 95.41 92.05 102.65 10.33
Jul 95.20 93.11 103.05 9.65
Aug 89.44 82.75 91.90 9.96
Sep 91.41 86.68 96.74 10.39
Oct 96.23 92.11 101.53 9.28
Nov 98.46 94.67 100.73 6.02
Dec 94.88 88.83 97.08 8.49

Best Buy Co. (BBY) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 105.22 101.51 108.46 6.40
Feb 102.90 97.58 110.60 11.77
Mar 106.98 97.56 114.27 14.62
Apr 105.09 96.19 110.99 13.33
May 94.23 87.70 100.65 12.87
Jun 95.37 88.23 98.09 10.05
Jul 96.21 90.81 103.61 12.36
Aug 97.48 89.33 101.66 12.13
Sep 92.54 86.33 97.12 11.11
Oct 94.68 88.74 100.93 12.07
Nov 91.77 84.50 96.21 12.17
Dec 87.42 80.89 95.12 14.96

Best Buy Co. (BBY) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 78.48 76.50 83.14 8.00
Feb 77.96 73.07 82.17 11.06
Mar 73.07 70.58 79.43 11.13
Apr 75.33 72.34 78.97 8.39
May 76.65 73.36 82.89 11.49
Jun 74.46 69.38 80.11 13.39
Jul 81.34 78.66 83.13 5.38
Aug 78.21 73.05 82.68 11.65
Sep 78.72 75.17 85.22 11.79
Oct 77.51 70.69 79.30 10.86
Nov 85.78 82.86 89.27 7.19
Dec 90.69 84.40 95.08 11.23

Best Buy Co. (BBY) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 82.81 80.17 88.46 9.37
Feb 74.70 70.51 80.54 12.45
Mar 72.65 67.13 74.80 10.26
Apr 69.93 65.78 76.01 13.46
May 66.24 63.10 67.77 6.88
Jun 66.67 62.93 68.43 8.04
Jul 65.50 63.34 66.94 5.38
Aug 65.65 60.09 69.83 13.96
Sep 72.87 70.70 78.40 9.81
Oct 75.03 69.42 76.68 9.47
Nov 79.40 76.87 83.86 8.33
Dec 83.25 79.68 90.57 12.03

Best Buy Co. information and performance

Best Buy is an American company that owns a large chain of consumer electronics and related goods stores. It is part of the Fortune 1000, the largest consumer electronics retailer in the US and Canada. It was originally called Sound of Music, changing the name to the current one in 1983.

Best Buy Co. Address

7601 PENN AVE SOUTH, RICHFIELD, MN, US

Market Capitalization: 15 071 432 000 $

Market capitalization of the Best Buy Co., Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of BBY shares in the company outstanding by the market price of one share.

EBITDA: 2 658 000 000 $

EBITDA of Best Buy Co. is earnings before interest, income tax and depreciation of assets.

PE Ratio: 11.94

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 2.686

Price/earnings to growth

DPS: 3.6

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0522

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 5.8

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.074
Quarterly Revenue Growth YOY: -0.072
Trailing PE: 11.94

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 12.15

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.437

Enterprise Value (EV) /Revenue

EV To EBITDA: 7.2

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 217638000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Best Buy Co. (BBY) stock dividend

Best Buy Co. last paid dividends on 09/18/2023. The next scheduled payment will be on 10/10/2023. The amount of dividends is $3.6 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.