Best Buy Co. (BBY) Stock Forecast for 2024–2028. Sell or Buy Prediction







Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…
How ZIM Integrated Container Tracking is Revolutionizing Global Trade

April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade

Have you ever wondered how your online shopping packages get to you? A big part of the answer is ZIM Integrated Container Tracking.…
6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…
Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

Human error is common in forex trading and often leads to familiar trading issues. These trading mishaps lead to significant novice traders regularly. …

Best Buy Co. (BBY) Stock Forecast for 2024–2028. Sell or Buy?

Updated: April 14, 2024 (09:32)

Sector: Consumer cyclical

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

Latest session on the 12th of April for
Best Buy Co., Inc. is negative
Trading Volume: 2710637
Open: 79 /  High: 79.145 /  Low: 77.01
What analysts predict: $84.88
52-week High/Low: $85.08 / $60.79

50/200 Day Moving Average: $77.15 / $74.98

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 2024, 2025, 2026, 2027, 2028. How much will one Best Buy Co. share be worth in 2024 - 2028?

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, 2024, 2025, 2026, 2027 and 2028) 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 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. daily forecast for a month

Date Target Pes. Opt. Vol., %
Apr 16 78.93 77.80 79.63 2.35
Apr 17 79.20 78.05 79.79 2.23
Apr 18 78.63 77.58 78.95 1.76
Apr 19 77.37 77.02 78.05 1.35
Apr 20 77.65 76.49 78.48 2.60
Apr 21 77.28 76.48 78.01 2.00
Apr 22 77.23 76.43 78.38 2.55
Apr 23 77.42 76.51 78.25 2.29
Apr 24 75.95 75.55 76.52 1.29
Apr 25 75.14 74.75 76.00 1.67
Apr 26 74.08 73.60 75.02 1.93
Apr 27 73.69 73.38 74.32 1.29
Apr 28 74.40 73.42 74.74 1.80
Apr 29 73.97 73.32 74.62 1.78
Apr 30 75.21 74.53 76.26 2.32
May 01 75.10 74.04 75.82 2.41
May 02 74.91 74.13 75.54 1.90
May 03 75.55 75.16 76.50 1.79
May 04 75.55 74.59 76.04 1.95
May 05 74.72 74.38 75.66 1.73
May 06 75.18 74.27 76.10 2.47
May 07 75.50 75.05 75.95 1.21
May 08 75.35 74.91 75.98 1.43
May 09 75.35 74.58 76.51 2.59
May 10 76.03 74.99 76.33 1.78
May 11 77.24 76.09 78.42 3.07
May 12 77.24 76.80 78.28 1.93
May 13 75.81 74.81 76.76 2.61
May 14 76.02 75.47 76.32 1.13
May 15 75.53 74.97 76.38 1.87

Best Buy Co. Daily Price Targets


Best Buy Co. Stock Forecast 04-16-2024.

Forecast target price for 04-16-2024: $78.93.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 2.300%.
Pessimistic target level: 77.80
Optimistic target level: 79.63

Best Buy Co. Stock Forecast 04-17-2024.

Forecast target price for 04-17-2024: $79.20.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 2.184%.
Pessimistic target level: 78.05
Optimistic target level: 79.79

Best Buy Co. Stock Forecast 04-18-2024.

Forecast target price for 04-18-2024: $78.63.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 1.733%.
Pessimistic target level: 77.58
Optimistic target level: 78.95

Best Buy Co. Stock Forecast 04-19-2024.

Forecast target price for 04-19-2024: $77.37.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 1.328%.
Pessimistic target level: 77.02
Optimistic target level: 78.05

Best Buy Co. Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $77.65.
Positive dynamics for Best Buy Co. shares will prevail with possible volatility of 2.533%.
Pessimistic target level: 76.49
Optimistic target level: 78.48

Best Buy Co. Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $77.28.
Negative dynamics for Best Buy Co. shares will prevail with possible volatility of 1.962%.
Pessimistic target level: 76.48
Optimistic target level: 78.01

BBY (BBY) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 84.25 81.66 91.29 10.56
Jun. 81.01 76.73 88.14 12.94
Jul. 81.19 74.49 84.31 11.65
Aug. 73.86 67.85 75.81 10.50
Sep. 75.16 71.28 77.56 8.10
Oct. 75.25 70.44 80.29 12.27
Nov. 80.13 73.17 85.06 13.99
Dec. 78.72 76.64 85.04 9.88

Best Buy Co. forecast for this year


Best Buy Co. Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $84.2513. Pessimistic: $81.66. Optimistic: $91.29


Best Buy Co. Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $81.0076. Pessimistic: $76.73. Optimistic: $88.14


Best Buy Co. Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $81.1858. Pessimistic: $74.49. Optimistic: $84.31


Best Buy Co. Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $73.8628. Pessimistic: $67.85. Optimistic: $75.81


Best Buy Co. Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $75.1628. Pessimistic: $71.28. Optimistic: $77.56


Best Buy Co. Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $75.2455. Pessimistic: $70.44. Optimistic: $80.29


Best Buy Co. Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $80.1289. Pessimistic: $73.17. Optimistic: $85.06


Best Buy Co. Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $78.7187. Pessimistic: $76.64. Optimistic: $85.04



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

Month Target Pes. Opt. Vol., %
Jan 80.36 75.15 84.52 11.09
Feb 75.06 71.01 81.00 12.33
Mar 68.70 65.76 72.41 9.18
Apr 63.41 58.04 68.99 15.87
May 60.90 56.08 62.71 10.58
Jun 66.66 64.68 72.46 10.73
Jul 66.66 61.97 70.26 11.79
Aug 63.66 60.29 67.37 10.50
Sep 64.15 61.25 69.72 12.14
Oct 66.47 63.84 71.81 11.10
Nov 71.15 66.69 74.83 10.88
Dec 63.95 59.52 69.58 14.46

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

Month Target Pes. Opt. Vol., %
Jan 60.44 55.78 62.56 10.84
Feb 62.56 60.84 65.45 7.04
Mar 60.09 58.30 61.87 5.77
Apr 60.42 56.89 64.07 11.20
May 66.73 63.21 70.55 10.40
Jun 68.49 65.63 72.11 8.99
Jul 65.55 62.81 67.86 7.44
Aug 62.38 59.84 64.16 6.74
Sep 65.61 63.22 68.56 7.79
Oct 59.90 55.29 65.11 15.08
Nov 59.90 55.95 61.29 8.71
Dec 59.97 55.09 62.21 11.45

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

Month Target Pes. Opt. Vol., %
Jan 58.78 57.17 60.66 5.76
Feb 57.43 53.89 60.01 10.21
Mar 55.02 50.61 57.20 11.53
Apr 58.78 56.51 61.04 7.41
May 58.58 56.84 61.16 7.06
Jun 55.43 50.85 60.00 15.24
Jul 54.15 50.81 57.90 12.24
Aug 50.87 47.51 54.34 12.56
Sep 48.07 46.96 51.56 8.92
Oct 47.17 43.33 49.51 12.47
Nov 45.41 43.01 49.15 12.50
Dec 45.06 42.04 48.97 14.17

Best Buy Co. (BBY) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 43.67 40.02 47.47 15.69
Feb 46.55 44.25 47.58 7.00
Mar 49.78 47.21 53.67 12.04
Apr 54.87 52.88 56.20 5.91
May 58.98 56.64 64.04 11.55
Jun 56.06 52.54 58.77 10.60
Jul 53.90 50.22 55.20 9.02
Aug 50.58 48.58 52.25 7.03
Sep 51.86 50.38 55.40 9.06
Oct 49.75 48.22 53.52 9.92
Nov 51.77 48.58 55.76 12.87
Dec 49.38 48.19 52.37 7.99

Best Buy Co. information and performance

Best Buy Co. Address

7601 PENN AVE SOUTH, RICHFIELD, MN, US

Market Capitalization: 17 146 481 000 $

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: 2 650 000 000 $

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

PE Ratio: 14.02

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

PEG Ratio: 1.469

Price/earnings to growth

DPS: 3.68

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: 0.0472

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

EPS: 5.68

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

Quarterly Earnings Growth YOY: -0.054
Quarterly Revenue Growth YOY: -0.006
Trailing PE: 14.02

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: 13.14

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

EV To Revenue: 0.453

Enterprise Value (EV) /Revenue

EV To EBITDA: 7.58

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

Shares Outstanding: 215381000

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 03/20/2024. The next scheduled payment will be on 04/11/2024. The amount of dividends is $3.68 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.




Related stocks from Consumer cyclical sector


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.