Best Buy Co. (BBY) stock Forecast for 2021 – 2025

Best Buy Co. (BBY) stock Forecast for 2022 – 2026

Last update: December 9, 2022 (09:32)

Sector: Consumer cyclical

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

What analysts predict: $81.5
52-week high/low: $109.26 / $60.78

50/200 Day Moving Average: $69.72 / $79.7

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 support level today.

For Best Buy Co. stocks, the 200-day moving average is the support 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., %
Dec 11 86.57 85.44 87.05 1.88
Dec 12 86.89 85.87 87.43 1.82
Dec 13 85.92 85.37 87.18 2.11
Dec 14 85.56 84.50 86.52 2.39
Dec 15 86.28 85.83 87.62 2.09
Dec 16 87.02 85.91 87.73 2.13
Dec 17 87.09 86.67 87.77 1.27
Dec 18 87.39 86.86 87.93 1.23
Dec 19 86.09 85.53 86.70 1.37
Dec 20 86.01 84.70 86.70 2.36
Dec 21 85.20 84.23 86.24 2.39
Dec 22 85.73 84.84 86.07 1.46
Dec 23 85.06 83.70 86.39 3.21
Dec 24 85.79 84.42 86.48 2.44
Dec 25 87.01 85.67 87.62 2.27
Dec 26 86.35 85.64 86.74 1.29
Dec 27 85.64 84.71 86.48 2.08
Dec 28 85.93 85.59 87.22 1.91
Dec 29 86.26 85.12 87.10 2.33
Dec 30 86.81 85.77 87.71 2.27
Dec 31 86.13 85.15 86.82 1.96
Jan 01 86.15 85.34 86.98 1.92
Jan 02 87.70 86.89 88.54 1.90
Jan 03 88.70 87.99 89.50 1.71
Jan 04 88.45 87.80 89.05 1.43
Jan 05 88.22 86.91 88.98 2.38
Jan 06 86.83 86.31 87.78 1.71
Jan 07 86.46 85.77 86.88 1.29
Jan 08 87.15 86.14 88.18 2.37
Jan 09 87.31 86.93 88.38 1.67

Best Buy Co. Daily Price Targets


Best Buy Co. Stock Forecast 12-11-2022.

Forecast target price for 12-11-2022: $86.57.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 1.850%.
Pessimistic target level: 85.44
Optimistic target level: 87.05

Best Buy Co. Stock Forecast 12-12-2022.

Forecast target price for 12-12-2022: $86.89.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 1.789%.
Pessimistic target level: 85.87
Optimistic target level: 87.43

Best Buy Co. Stock Forecast 12-13-2022.

Forecast target price for 12-13-2022: $85.92.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 2.070%.
Pessimistic target level: 85.37
Optimistic target level: 87.18

Best Buy Co. Stock Forecast 12-14-2022.

Forecast target price for 12-14-2022: $85.56.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 2.334%.
Pessimistic target level: 84.50
Optimistic target level: 86.52

Best Buy Co. Stock Forecast 12-15-2022.

Forecast target price for 12-15-2022: $86.28.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 2.048%.
Pessimistic target level: 85.83
Optimistic target level: 87.62

Best Buy Co. Stock Forecast 12-16-2022.

Forecast target price for 12-16-2022: $87.02.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 2.083%.
Pessimistic target level: 85.91
Optimistic target level: 87.73

BBY (BBY) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Jan. 83.93 76.64 88.27 13.18
Feb. 86.98 84.97 90.71 6.33
Mar. 89.95 87.37 96.77 9.71
Apr. 80.94 74.00 87.80 15.72
May. 83.97 76.67 86.83 11.70
Jun. 89.05 86.89 94.63 8.18
Jul. 94.05 88.98 100.05 11.06
Aug. 92.29 84.88 99.60 14.78
Sep. 95.03 90.01 98.06 8.21
Oct. 95.86 88.27 103.03 14.33
Nov. 85.85 80.18 91.32 12.20
Dec. 79.80 73.04 85.95 15.01

Best Buy Co. forecast for this year


Best Buy Co. Stock Prediction for Jan 2023

An uptrend is forecast for this month with an optimal target price of $83.9327. Pessimistic: $76.64. Optimistic: $88.27


Best Buy Co. Stock Prediction for Feb 2023

An uptrend is forecast for this month with an optimal target price of $86.9795. Pessimistic: $84.97. Optimistic: $90.71


Best Buy Co. Stock Prediction for Mar 2023

An uptrend is forecast for this month with an optimal target price of $89.9455. Pessimistic: $87.37. Optimistic: $96.77


Best Buy Co. Stock Prediction for Apr 2023

An downtrend is forecast for this month with an optimal target price of $80.9419. Pessimistic: $74.00. Optimistic: $87.80


Best Buy Co. Stock Prediction for May 2023

An uptrend is forecast for this month with an optimal target price of $83.9692. Pessimistic: $76.67. Optimistic: $86.83


Best Buy Co. Stock Prediction for Jun 2023

An uptrend is forecast for this month with an optimal target price of $89.0493. Pessimistic: $86.89. Optimistic: $94.63


Best Buy Co. Stock Prediction for Jul 2023

An uptrend is forecast for this month with an optimal target price of $94.045. Pessimistic: $88.98. Optimistic: $100.05


Best Buy Co. Stock Prediction for Aug 2023

An downtrend is forecast for this month with an optimal target price of $92.2863. Pessimistic: $84.88. Optimistic: $99.60


Best Buy Co. Stock Prediction for Sep 2023

An uptrend is forecast for this month with an optimal target price of $95.0272. Pessimistic: $90.01. Optimistic: $98.06


Best Buy Co. Stock Prediction for Oct 2023

An uptrend is forecast for this month with an optimal target price of $95.8635. Pessimistic: $88.27. Optimistic: $103.03


Best Buy Co. Stock Prediction for Nov 2023

An downtrend is forecast for this month with an optimal target price of $85.8457. Pessimistic: $80.18. Optimistic: $91.32


Best Buy Co. Stock Prediction for Dec 2023

An downtrend is forecast for this month with an optimal target price of $79.8022. Pessimistic: $73.04. Optimistic: $85.95



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

Month Target Pes. Opt. Vol., %
Jan 76.55 71.67 82.95 13.60
Feb 84.22 82.27 91.26 9.85
Mar 81.16 75.00 84.20 10.92
Apr 89.02 85.00 92.25 7.85
May 93.81 85.97 97.63 11.94
Jun 98.05 93.62 103.33 9.39
Jul 107.11 100.86 110.76 8.93
Aug 104.98 99.56 112.61 11.59
Sep 109.03 100.15 113.94 12.10
Oct 103.75 96.90 112.65 13.98
Nov 102.04 98.56 106.86 7.77
Dec 102.37 98.55 107.67 8.47

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

Month Target Pes. Opt. Vol., %
Jan 109.69 103.06 117.78 12.50
Feb 115.24 111.19 122.60 9.31
Mar 115.75 109.51 122.63 10.69
Apr 120.46 114.24 125.90 9.26
May 107.21 101.79 115.94 12.21
Jun 102.85 99.34 110.43 10.04
Jul 91.65 86.00 98.50 12.69
Aug 86.61 82.80 92.80 10.78
Sep 91.18 89.07 96.70 7.88
Oct 86.77 80.47 89.54 10.13
Nov 89.54 85.69 94.85 9.66
Dec 84.91 80.05 87.15 8.15

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

Month Target Pes. Opt. Vol., %
Jan 82.10 79.85 86.71 7.92
Feb 90.77 87.48 96.37 9.22
Mar 88.78 86.24 91.80 6.06
Apr 86.34 83.20 93.84 11.33
May 80.73 78.69 84.73 7.13
Jun 78.25 76.01 83.67 9.16
Jul 80.91 78.24 84.39 7.28
Aug 85.81 79.20 93.17 14.99
Sep 86.94 80.82 93.45 13.51
Oct 94.21 90.07 99.91 9.85
Nov 91.52 85.78 97.15 11.71
Dec 89.70 82.50 93.16 11.44

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

Month Target Pes. Opt. Vol., %
Jan 89.41 87.24 91.87 5.03
Feb 89.90 84.66 93.26 9.22
Mar 99.10 91.03 106.29 14.36
Apr 102.80 98.85 106.42 7.12
May 106.65 98.32 111.22 11.60
Jun 102.78 100.06 108.54 7.81
Jul 98.37 96.20 106.92 10.02
Aug 94.90 89.37 97.10 7.96
Sep 93.97 88.18 102.03 13.58
Oct 98.41 93.97 106.75 11.97
Nov 104.26 95.31 109.99 13.35
Dec 102.54 94.53 111.11 14.92

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: 19 496 346 000 $

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

EBITDA: 2 977 000 000 $

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

PE Ratio: 12.96

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

PEG Ratio: 2.878

Price/earnings to growth

DPS: 3.52

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: 0.0418

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

EPS: 6.68

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

Quarterly Earnings Growth YOY: -0.39
Quarterly Revenue Growth YOY: -0.111
Trailing PE: 12.96

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: 13.02

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

EV To Revenue: 0.471

Enterprise Value (EV) /Revenue

EV To EBITDA: 7.76

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

Shares Outstanding: 225131000

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 12/12/2022. The next scheduled payment will be on 01/03/2023. The amount of dividends is $3.52 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.