Best Buy Co. Inc. ($BBY) Stock Forecast: Up 5.1% Today

What is Best Buy Co. Inc.?

Best Buy Co., Inc. (BBY) is a leading retailer of consumer electronics and appliances, with a strong presence in both physical stores and online sales. The company is known for its wide range of products and services, including gaming, computing, and mobile devices.

Why is Best Buy Co. Inc. going up?

BBY stock is up 5.1% on Aug 29, 2025 14:42

• Best Buy's Q2 earnings surpassed expectations, seeing a 1.6% increase in revenues and strong online growth, particularly in gaming, computing, and mobile sales.
• The company's performance was boosted by a 5.1% rise in online sales, demonstrating its agility in adapting to evolving consumer preferences.
• Despite margin pressures from shifting product mixes and tariff uncertainties, Best Buy's modest sales recovery and outperformance of revenue and earnings projections have driven a bullish trend in its stock price today.

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Best Buy's Q2 Earnings Beat, Enterprise Comparable Sales Up 1.6% Y/Y

BBY tops Q2 estimates with revenues up 1.6% and strong online growth, while margins face pressure from mix shifts.

https://www.zacks.com/stock/news/2744459/best-buys-q2-earnings-beat-enterprise-comparable-sales-up-16-yy

Why Is Best Buy Stock Trading Higher After Earnings - Best Buy Co ( NYSE:BBY )

Q2 adjusted EPS was $1.28 vs. $1.21 estimate; revenue rose 1.6% YoY to $9.44 billion. Online sales rose 5.1%; gaming, computing, and mobile drove growth. Join Benzinga's Real-Time Trading Chat Room for 60% Off This Labor Day

https://www.benzinga.com/markets/earnings/25/08/47384693/best-buy-clocks-highest-comp-sales-growth-in-3-years-holds-on-to-annual-forecast-despite-tariff-

Best Buy ( BBY ) Q2 Earnings and Revenues Surpass Estimates

Best Buy (BBY) delivered earnings and revenue surprises of +4.92% and +2.57%, respectively, for the quarter ended July 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2743964/best-buy-bby-q2-earnings-and-revenues-surpass-estimates

Best Buy reports modest sales recovery, but says tariffs are complicating its turnaround

Best Buy surpassed revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty.

https://www.cnbc.com/2025/08/28/best-buy-bby-earnings-q2-2026.html

Best Buy Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Best Buy Co ( NYSE:BBY )

Best Buy Co., Inc. BBY will release earnings results for the second quarter, before the opening bell on Thursday, Aug. 28. Analysts expect the Richfield, Minnesota-based company to report quarterly earnings at $1.22 per share, down from $1.34 per share in the year-ago period.

https://www.benzinga.com/analyst-stock-ratings/price-target/25/08/47377872/best-buy-gears-up-for-q2-print-here-are-the-recent-forecast-changes-from-wall-

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Best Buy Co. Inc. Price History

25.03.2025 - BBY Stock was up 5.7%

• Strong demand for Nintendo's Switch 2 gaming console, leading to all-time high stock prices for Nintendo, could have positively impacted Best Buy's stock as they are one of the retailers selling the console.
• The preorder frenzy at major retailers like Target, Best Buy, Walmart, and GameStop indicates a robust consumer interest in gaming products, potentially driving foot traffic and sales for Best Buy.
• The surge in Nintendo's stock price and the high demand for the Switch 2 console may have boosted investor confidence in the consumer electronics sector, benefiting companies like Best Buy that offer a wide range of tech products.

29.07.2025 - BBY Stock was up 5.1%

• Best Buy's Q2 earnings surpassed expectations, seeing a 1.6% increase in revenues and strong online growth, particularly in gaming, computing, and mobile sales.
• The company's performance was boosted by a 5.1% rise in online sales, demonstrating its agility in adapting to evolving consumer preferences.
• Despite margin pressures from shifting product mixes and tariff uncertainties, Best Buy's modest sales recovery and outperformance of revenue and earnings projections have driven a bullish trend in its stock price today.

16.06.2025 - BBY Stock was down 5.0%

• Best Buy (BBY) experienced a strong bearish movement today.
• The news about GameStop's decline in hardware and software sales could have negatively impacted the sentiment towards tech retail companies, including Best Buy.
• Investors might be concerned about the shifting consumer preferences towards digital downloads and online shopping, which could be affecting traditional brick-and-mortar retailers like Best Buy.
• The market might be interpreting GameStop's challenges as a broader industry trend, leading to a sell-off in related stocks like Best Buy.

28.07.2025 - BBY Stock was down 3.7%

• Best Buy exceeded revenue and earnings expectations for the quarter, yet the stock saw a bearish movement.
• The uncertainty surrounding tariffs and their impact on the company's turnaround efforts may have contributed to the negative market sentiment.
• Despite strong online sales growth and performance in key product categories, investors might be cautious given economic uncertainty and market volatility.
• Market reaction could also be influenced by profit-taking behavior post the recent earnings beat, as investors reassess their positions in the stock.

29.04.2025 - BBY Stock was down 9.0%

• Reported lower-than-expected Q1 sales and earnings, missing estimates and leading to a bearish market movement.
• Cited tariff pressures as a key factor affecting its performance, with higher costs on electronics impacting profitability.
• Lowered full-year guidance and concerns about profit risks due to tariffs contributed to the negative market sentiment.
• Analysts pointed out the tariff fallout and predicted a decline in revenue and comparable sales for Q1, further adding to the downward pressure on the stock.

29.04.2025 - BBY Stock was down 7.3%

• Best Buy experienced a bearish movement today due to cutting its full-year sales and profit guidance as tariffs on electronics increased costs.
• Some analysts had raised concerns about the impact of tariffs on China-sourced goods on Best Buy's margins, prompting a downgrade in revenue and profit expectations.
• The market responded negatively to the potential decrease in earnings, with the company struggling to meet revenue goals amidst evolving cost patterns within the consumer electronics sector.
• The decline in Best Buy's stock price appears to stem from uncertainties related to tariffs and the company's adjusted financial forecast, leading investors to reassess their positions in the stock.

29.04.2025 - BBY Stock was down 8.3%

• Best Buy experienced a strong bearish movement today due to the following reasons:
• The company reported downbeat results for the quarter, with Q1 sales and earnings missing estimates, leading to a decrease in investor confidence.
• Despite beating Q1 earnings estimates, the company cut its FY26 guidance due to tariff pressures, impacting its revenue outlook and profitability.
• The increase in costs of consumer electronics due to higher tariffs further added to the negative sentiment surrounding Best Buy's future performance.
• The combination of missing sales targets, reduced earnings guidance, and increased costs due to tariffs contributed to the significant bearish movement in Best Buy's stock price today.

03.03.2025 - BBY Stock was down 16.9%

• Today's options activity for Best Buy Co. (BBY) showed that investors with substantial capital were taking a bearish stance.
• An analyst downgrade on BBY may have played a role in the stock's bearish movement.
• The increased bearish options activity combined with analyst downgrades likely resulted in a negative sentiment around BBY, leading to significant bearish movement in the stock.

19.07.2025 - BBY Stock was up 5.1%

• Best Buy's decision to launch a third-party marketplace indicates a strategic move to diversify its product offerings and potentially attract more customers.
• By expanding its assortment through third-party sellers, Best Buy aims to drive higher profits and tap into additional revenue streams.
• This move could also help Best Buy differentiate itself from competitors and enhance its position in the market, leading to increased investor confidence and a bullish movement in its stock price today.

11.02.2025 - BBY Stock was down 5.6%

• Best Buy (BBY) experienced a bearish movement today.
• The market reacted negatively to the news of potential price increases due to trade policies.
• Concerns over declining profits in the first quarter and the uncertainty created by new trade barriers have likely contributed to the bearish trend in Best Buy's stock.
• Investors are wary of the impact of trade policies on Best Buy's margins, leading to the downward pressure on the stock price.

07.03.2025 - BBY Stock was up 5.0%

• Despite recent bearish options activity and analyst downgrades, BBY experienced a strong bullish movement today.
• The technical analysis suggesting oversold conditions and possible support levels may have attracted buyers looking for a potential turnaround.
• The broader market plunge and uncertainties related to tariffs, geopolitics, and the Federal Reserve may have initially impacted BBY negatively but the stock managed to defy the trend and move higher.
• The conflicting signals from options activity and analyst ratings indicate a mixed sentiment among investors, adding to the volatility and unpredictability of BBY's movement.

03.05.2025 - BBY Stock was up 5.0%

• Despite recent less favorable financial results, Best Buy's stock (BBY) showed strong positive momentum.
• While falling short of analyst expectations for sales and adjusted earnings, the company exceeded Q1 earnings projections.
• The market's positive response could be linked to the company surpassing earnings and revenue forecasts for the quarter ending in April 2025, hinting at potential growth prospects.
• The optimistic market response might also stem from Best Buy's efforts to enhance operational efficiency and transition towards Marketplace and Ads, potentially boosting future profitability.