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Price
Target price
€91.59

€91.59

1.610%
1.44
1.610%
€92.37
 
27.09.24 / Tradegate WKN: 873629 / Symbol: BBY / Name: Best Buy / Stock / Other Specialty Retailers / Large Cap /
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Best Buy Co. Stock

There is an upward development for Best Buy Co. compared to yesterday, with an increase of €1.44 (1.610%).
Currently there is a rather positive sentiment for Best Buy Co. with 19 Buy predictions and 3 Sell predictions.
With a current price of 91.59 € Best Buy Co. is right around the predicted target price of 92 €.
So far the community has only identified positive things for Best Buy Co. stock. The most positive votes were given for criterium "Non-cyclic/Cyclic".

Pros and Cons of Best Buy Co. in the next few years

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Performance of Best Buy Co. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Best Buy Co. 1.610% 5.071% 15.237% 40.691% 29.456% -2.771% 46.755%
Ulta Salon -0.250% 0.500% 9.003% -3.209% -18.100% 11.145% 62.041%
Home Depot Inc. 0.800% 2.433% 7.221% 24.513% 13.892% 22.677% 70.324%
Burlington Stores 0.830% 0.826% -2.400% 95.200% 37.079% -6.154% 34.881%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2024-08-01

The financials of Best Buy Co., Inc. (BBY) present a mixed but fundamentally sound picture when checked against industry standards and expectations. The retail giant operates in the competitive landscape of specialty retail, dealing with electronic products and services. Upon analyzing the balance sheets, cash flow statements, income statements, and key financial ratios, a clearer perspective emerges. The sheer volume of revenue coupled with consistent profitability showcases a business that, despite facing recent challenges, displays resilience and a strategic approach toward maintaining its market position.

Strong Revenue Generation: Best Buy reported a total revenue of approximately $42.83 billion for the trailing twelve months (TTM). This metric, along with a gross profit margin of roughly 23%, indicates a solid foundation in sales efficiency, essential for navigating the fierce competition in the retail sector.

Healthy Profit Margins: The profit margin stands at 2.9%, while operating margin is at 3.7%. These figures might not seem exceedingly high, but they reflect the company’s ability to retain profits amidst a challenging retail landscape, showing that Best Buy effectively manages its costs relative to sales.

Comments

Prediction Buy
Perf. (%) 1.03%
Target price 104.957
Change
Ends at 03.09.25

Best Buy Co., Inc. (NYSE: BBY) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $95.00 to $116.00. They now have a "buy" rating on the stock.
Ratings data for BBY provided by MarketBeat
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Prediction Buy
Perf. (%) 1.98%
Target price 104.052
Change
Ends at 30.08.25

Best Buy Co., Inc. (NYSE: BBY) had its price target raised by analysts at Citigroup Inc. from $100.00 to $115.00. They now have a "buy" rating on the stock.
Ratings data for BBY provided by MarketBeat
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Prediction Buy
Perf. (%) 2.66%
Target price 100.400
Change
Ends at 30.08.25

Best Buy Co., Inc. (NYSE: BBY) had its price target raised by analysts at JPMorgan Chase & Co. from $101.00 to $111.00. They now have an "overweight" rating on the stock.
Ratings data for BBY provided by MarketBeat
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