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Recent Analyst Ratings for $BBY
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/5/2025 | $110.00 → $100.00 | Outperform | Telsey Advisory Group |
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 |
Best Buy Canada announces Mat Povse as new president
Mat Povse takes the helm of Canada's largest consumer electronics retailer. VANCOUVER, BC, March 19, 2025 /CNW/ - Best Buy Canada welcomes Mat Povse as the company's new President. Mat, a familiar face within the company, steps into this role after an impressive 11-year journey with Best Buy Canada. Prior to President, Mat held several roles in the company, most recently as Senior Vice President of Best Buy Retail, Geek Squad Services and Best Buy Business, where he and his team were responsible for hundreds of stores, thousands of Blue Shirts and Agents and millions of custom
Best Buy Canada Selects PingPong As Their First Cross-Border Partner To Drive International Growth on its Marketplace
NEW YORK and VANCOUVER, BC, March 10, 2025 /PRNewswire/ -- Best Buy Canada has selected PingPong, a world-leading provider of cross-border embedded payment solutions, to become its first cross-border payment service provider of record on its Marketplace. Leveraging PingPong's easy-to-integrate API, Best Buy Canada will begin expanding internationally and facilitate payouts to international sellers. By leveraging PingPong's global capability BestBuy Canada will have the opportunity to unlock new revenue streams and cross-border operational efficiencies. To date, PingPong has se
Best Buy Announces Regular Quarterly Cash Dividend
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.95 per common share. The quarterly dividend is payable on April 15, 2025, to shareholders of record as of the close of business on March 25, 2025. The company had 211,358,651 shares of common stock issued and outstanding as of February 1, 2025. View source version on businesswire.com: https://www.businesswire.com/news/home/20250304063213/en/ Investor Contact: Mollie O'Brien investorrelations@bestbuy.com Media Contact: Carly Charlson press@bestbuy.com
Telsey Advisory Group reiterated coverage on Best Buy with a new price target
Telsey Advisory Group reiterated coverage of Best Buy with a rating of Outperform and set a new price target of $100.00 from $110.00 previously
Telsey Advisory Group reiterated coverage on Best Buy with a new price target
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 on Best Buy with a new price target
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
SEVP Enterprise Strategy & CFO Bilunas Matthew M sold $4,473,039 worth of shares (60,482 units at $73.96), decreasing direct ownership by 52% to 55,856 units (SEC Form 4)
4 - BEST BUY CO INC (0000764478) (Issuer)
SVP, Controller & CAO Watson Mathew sold $214,381 worth of shares (2,951 units at $72.65), decreasing direct ownership by 12% to 21,371 units (SEC Form 4)
4 - BEST BUY CO INC (0000764478) (Issuer)
SEVP, Corp Affairs & HR Scarlett Kathleen sold $497,414 worth of shares (6,847 units at $72.65), decreasing direct ownership by 7% to 87,389 units (SEC Form 4)
4 - BEST BUY CO INC (0000764478) (Issuer)
SEC Form 144 filed by Best Buy Co. Inc.
144 - BEST BUY CO INC (0000764478) (Subject)
SEC Form 10-K filed by Best Buy Co. Inc.
10-K - BEST BUY CO INC (0000764478) (Filer)
Best Buy Co. Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - BEST BUY CO INC (0000764478) (Filer)
Microsoft, Junk Kouture, and Best Buy Unite to Foster Eco-Conscious Innovation
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 Announces Retirement of Board Chairman J. Patrick Doyle, Appoints David Kenny
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 Canada partner to deliver the next evolution of consumer electronics retail for Canadian consumers
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.
Best Buy Announces Regular Quarterly Cash Dividend
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.95 per common share. The quarterly dividend is payable on April 15, 2025, to shareholders of record as of the close of business on March 25, 2025. The company had 211,358,651 shares of common stock issued and outstanding as of February 1, 2025. View source version on businesswire.com: https://www.businesswire.com/news/home/20250304063213/en/ Investor Contact: Mollie O'Brien investorrelations@bestbuy.com Media Contact: Carly Charlson press@bestbuy.com
NYSE CONTENT ADVISORY: PRE-MARKET UPDATE + TARGET & BEST BUY HIGHLIGHT RETAIL EARNINGS
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
Best Buy Reports Fourth Quarter Results
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
SEC Form SC 13D/A filed by Best Buy Co. Inc. (Amendment)
SC 13D/A - BEST BUY CO INC (0000764478) (Subject)
SEC Form SC 13G/A filed by Best Buy Co. Inc. (Amendment)
SC 13G/A - BEST BUY CO INC (0000764478) (Subject)
SEC Form SC 13G/A filed by Best Buy Co. Inc. (Amendment)
SC 13G/A - BEST BUY CO INC (0000764478) (Subject)