Research Analysts Set Expectations for Best Buy Co., Inc.’s Q3 2025 Earnings (NYSE:BBY)

Best Buy Co., Inc. (NYSE:BBY) – Analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for Best Buy in a research report issued to clients and investors on Friday, August 30th. DA Davidson analyst M. Baker forecasts that the technology retailer will post earnings of $1.27 per share for the quarter. DA Davidson has a “Buy” rating and a $95.00 price objective on the stock. The consensus estimate for Best Buy’s current full-year earnings is $6.27 per share. DA Davidson also issued estimates for Best Buy’s FY2025 earnings at $6.28 EPS and FY2026 earnings at $6.89 EPS.

BBY has been the topic of several other research reports. Loop Capital upped their price objective on shares of Best Buy from $100.00 to $110.00 and gave the company a “buy” rating in a report on Friday, August 30th. Evercore ISI lifted their price objective on shares of Best Buy from $90.00 to $94.00 and gave the stock an “in-line” rating in a research note on Friday, August 30th. Barclays raised their price objective on Best Buy from $81.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Friday, August 30th. Telsey Advisory Group increased their price target on shares of Best Buy from $95.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Finally, Wells Fargo & Company increased their price target on Best Buy from $80.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $102.56.

Best Buy Stock Up 0.5 %

Best Buy stock opened at $100.94 on Monday. The business has a fifty day moving average price of $86.45 and a 200-day moving average price of $81.57. Best Buy has a 1-year low of $62.30 and a 1-year high of $103.71. The stock has a market capitalization of $21.77 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 3.20 and a beta of 1.48. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.01 and a quick ratio of 0.33.

Best Buy (NYSE:BBY) last posted its earnings results on Thursday, August 29th. The technology retailer reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.18. Best Buy had a net margin of 2.96% and a return on equity of 47.19%. The company had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.23 billion. During the same quarter in the prior year, the company posted $1.22 earnings per share. Best Buy’s revenue for the quarter was down 3.1% compared to the same quarter last year.

Best Buy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, September 19th will be given a $0.94 dividend. The ex-dividend date of this dividend is Thursday, September 19th. This represents a $3.76 annualized dividend and a dividend yield of 3.72%. Best Buy’s dividend payout ratio (DPR) is 65.85%.

Insider Transactions at Best Buy

In related news, Chairman Richard M. Schulze sold 88,542 shares of Best Buy stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $88.25, for a total value of $7,813,831.50. Following the sale, the chairman now directly owns 13,602,853 shares in the company, valued at approximately $1,200,451,777.25. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, Chairman Richard M. Schulze sold 600,000 shares of the firm’s stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $88.29, for a total value of $52,974,000.00. Following the transaction, the chairman now directly owns 14,002,853 shares of the company’s stock, valued at $1,236,311,891.37. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Richard M. Schulze sold 88,542 shares of the company’s stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $88.25, for a total transaction of $7,813,831.50. Following the sale, the chairman now directly owns 13,602,853 shares of the company’s stock, valued at approximately $1,200,451,777.25. The disclosure for this sale can be found here. Insiders sold 1,383,370 shares of company stock valued at $122,233,276 over the last 90 days. Corporate insiders own 0.59% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Best Buy during the 2nd quarter valued at approximately $60,000. SPC Financial Inc. raised its holdings in Best Buy by 12.3% in the 2nd quarter. SPC Financial Inc. now owns 4,442 shares of the technology retailer’s stock valued at $374,000 after buying an additional 486 shares during the period. Chase Investment Counsel Corp acquired a new position in Best Buy in the second quarter valued at about $270,000. Hershey Financial Advisers LLC purchased a new position in Best Buy during the second quarter worth about $48,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Best Buy during the second quarter valued at about $210,000. 80.96% of the stock is currently owned by institutional investors and hedge funds.

Best Buy Company Profile

Best Buy Co, Inc engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions.