Best Buy upgraded by UBS with a new price target
$BBY
Consumer Electronics/Video Chains
Consumer Discretionary
UBS upgraded Best Buy from Neutral to Buy and set a new price target of $106.00 from $85.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/27/2024 | $115.00 → $110.00 | Outperform | Telsey Advisory Group |
| 8/30/2024 | $95.00 → $115.00 | Outperform | Telsey Advisory Group |
| 6/17/2024 | $85.00 → $106.00 | Neutral → Buy | UBS |
| 6/3/2024 | $67.00 → $100.00 | Sell → Buy | Citigroup |
| 5/23/2024 | $95.00 | Outperform → Market Perform | Telsey Advisory Group |
| 4/8/2024 | $95.00 → $94.00 | Buy | Jefferies |
| 3/22/2024 | $89.00 → $101.00 | Neutral → Overweight | JP Morgan |
| 3/20/2024 | $85.00 → $95.00 | Market Perform → Outperform | Telsey Advisory Group |
8-K - BEST BUY CO INC (0000764478) (Filer)
SCHEDULE 13G - BEST BUY CO INC (0000764478) (Subject)
10-Q - BEST BUY CO INC (0000764478) (Filer)
NEW YORK, March 4, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Trinity Chavez delivers the pre-market update on March 4th Target (NYSE: TGT) earnings beat Q4 expectations, led by increase in comparable salesBest Buy (NYSE: BBY) beats Q4 estimates, sees sales uptick and dividend boostStock futures are edging higher, recovering from yesterday's declinesWatch NYSE TV Live every weekday 9:00-10:00am ET
Comparable Sales Increased 0.5% GAAP Diluted EPS of $0.54 Included a Goodwill Impairment of ($2.02) Adjusted* Diluted EPS of $2.58 Increasing Quarterly Dividend 1% to $0.95 per Share Expects FY26 Adjusted* Diluted EPS of $6.20 to $6.60 Best Buy Co., Inc. (NYSE:BBY) today announced results for the 13-week fourth quarter ended February 1, 2025 ("Q4 FY25"), as compared to the 14-week fourth quarter ended February 3, 2024 ("Q4 FY24"). FY25 had 52 weeks compared to 53 weeks in FY24. The company estimates the impact of the extra week in Q4 FY24 added approximately $735 million in revenue, approximately 15 basis points of adjusted1 operating income rate and approximately $0.30 of adjus
15 schools and teams to receive funding for cutting-edge technology to inspire and motivate their students through new tech skills VANCOUVER, BC, Jan. 30, 2025 /CNW/ - What if a world of possibilities could be unlocked for students at your local secondary school? Best Buy Canada is thrilled to announce the first ever winners for its Teen Tech Grants and Teen Tech Teams initiatives, elements of the newly launched Teen Tech For Tomorrow program. 15 winning secondary schools and robotics teams will be provided grants aimed to improve access to important tech for Canadian teens. F
NEW YORK, March 4, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Trinity Chavez delivers the pre-market update on March 4th Target (NYSE: TGT) earnings beat Q4 expectations, led by increase in comparable salesBest Buy (NYSE: BBY) beats Q4 estimates, sees sales uptick and dividend boostStock futures are edging higher, recovering from yesterday's declinesWatch NYSE TV Live every weekday 9:00-10:00am ET
Comparable Sales Increased 0.5% GAAP Diluted EPS of $0.54 Included a Goodwill Impairment of ($2.02) Adjusted* Diluted EPS of $2.58 Increasing Quarterly Dividend 1% to $0.95 per Share Expects FY26 Adjusted* Diluted EPS of $6.20 to $6.60 Best Buy Co., Inc. (NYSE:BBY) today announced results for the 13-week fourth quarter ended February 1, 2025 ("Q4 FY25"), as compared to the 14-week fourth quarter ended February 3, 2024 ("Q4 FY24"). FY25 had 52 weeks compared to 53 weeks in FY24. The company estimates the impact of the extra week in Q4 FY24 added approximately $735 million in revenue, approximately 15 basis points of adjusted1 operating income rate and approximately $0.30 of adjus
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.94 per common share. The quarterly dividend is payable on January 7, 2025, to shareholders of record as of the close of business on December 17, 2024. The company had 213,764,409 shares of common stock issued and outstanding as of November 2, 2024. View source version on businesswire.com: https://www.businesswire.com/news/home/20241126903983/en/
Telsey Advisory Group reiterated coverage of Best Buy with a rating of Outperform and set a new price target of $110.00 from $115.00 previously
Telsey Advisory Group reiterated coverage of Best Buy with a rating of Outperform and set a new price target of $115.00 from $95.00 previously
UBS upgraded Best Buy from Neutral to Buy and set a new price target of $106.00 from $85.00 previously
SC 13D/A - BEST BUY CO INC (0000764478) (Subject)
SC 13G/A - BEST BUY CO INC (0000764478) (Subject)
SC 13G/A - BEST BUY CO INC (0000764478) (Subject)
Collaboration Aims to Drive Sustainability and Inspire the Next Generation of Innovators NEW YORK, April 8, 2024 /PRNewswire/ -- In an exciting new activation, Microsoft, Junk Kouture, and Best Buy have joined forces in driving eco-conscious habits, responsibly recycling old electronics, and a shared commitment to sustainability. The trio are amplifying and empowering the voices of New York's young creatives, offering them a platform to inspire nationwide recycling efforts, drive change in support of a brighter future, powered by the versatility of the Microsoft Surface Pro 9. The quest begins with high school students participating in the Junk Kouture program,
Best Buy Co., Inc. (NYSE:BBY) announced today that current Board Chairman, J. Patrick Doyle, will retire from his position, effective as of the expiration of his annual term on June 12, 2024. Doyle has served on Best Buy's Board of Directors since 2014 and has been chairman since 2020. David Kenny will succeed Doyle and will take on the chairman role, effective as of Doyle's retirement. Kenny is the executive chairman of Nielsen and has been on the Best Buy Board since 2013. For more than 10 years, Kenny has been an integral member of the Board and has provided thoughtful guidance that has contributed to the growth of Best Buy. "It's been an honor to serve as chairman on the Best Buy Bo
Best Buy Canada and Bell to operate 165 small-format consumer electronics retail stores across Canada, branded Best Buy ExpressBest Buy Express stores to offer leading consumer electronics from Best Buy and wireline and wireless services from Bell, Virgin Plus and Lucky MobileMONTRÉAL and VANCOUVER, BC, Jan. 18, 2024 /PRNewswire/ - Best Buy Canada and Bell Canada (TSX:BCE) (NYSE:BCE) have entered into a strategic partnership to operate 165 consumer electronics retail stores in Canada. The Source, a wholly owned subsidiary of Bell, will be rebranded as Best Buy Express and offer the latest in consumer electronics from Best Buy along with exclusive telecommunications services from Bell.
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