70.99
price down icon1.03%   -0.74
pre-market  Pre-market:  71.03   0.04   +0.06%
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Best Buy Co Inc Stock (BBY) Forecast

The Best Buy Co Inc (BBY) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $122.52, representing a +72.59% increase from the current price of $70.99. The highest analyst price target is $129.62, and the lowest is $115.43.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month BBY Price Target
Average 114.82 (+61.75% Upside)
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Is Best Buy Co Inc (BBY) A Buy Now?

Oscillators
Name Value Action
RSI(14) 62.37 Neutral
STOCH(9,6) 78.22 Neutral
STOCHRSI(14) 56.49 Neutral
MACD(12,26) 3.3489 Buy
ADX(14) 30.88 Buy
William %R -32.48 Neutral
CCI(14) 62.08 Neutral
Buy: 2 Sell: 0 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
69.37
Buy
69.52
Buy
MA20
63.66
Buy
66.30
Buy
MA50
62.86
Buy
64.12
Buy
MA100
64.10
Buy
65.11
Buy
MA200
69.79
Buy
67.49
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, BBY could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 0 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on BBY, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 62.37 indicates that BBY is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 78.22 indicates that BBY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 56.49 indicates that BBY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 30.88 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 62.08 indicates that BBY is still overbought but not to an extreme extent.

Long-term BBY price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Best Buy Co Inc financial reports and earnings history, Best Buy Co Inc (BBY) stock could reach $74.28 by 2030, $82.28 by 2040 and $118.20 by 2050. See the projected annual prices until 2050 of the Best Buy Co Inc stock below:

  • Best Buy Co Inc (BBY) is expected to reach an average price of $71.62 in 2035, with a high prediction of $71.80 and a low estimate of $64.41. This indicates an $0.88% rise from the last recorded price of $70.99.
  • Best Buy Co Inc (BBY) stock is projected to chart a bullish course in 2040, with an average price target of $77.68, representing an $9.42% surge from its current level. The forecast ranges from a conservative $74.29 to a sky-high $82.28.
  • Our analysts predict Best Buy Co Inc (BBY) to jump -3.18% by 2045, soaring from $66.62 to an average price of $68.73, potentially reaching $82.07. While $66.62 is the low estimate, the potential upside is significant.
  • Best Buy Co Inc (BBY) stock is expected to climb by 2050, reaching an average of $107.08, a $50.84% jump from its current level. However, a wide range of estimates exists, with high and low targets of $118.20 and $98.43, respectively, highlighting the market's uncertainty.

Best Buy Co Inc Stock (BBY) Year by Year Forecast

Best Buy Co Inc Stock (BBY) Price Forecast for 2026

The predicted value for Best Buy Co Inc (BBY) in 2026 is set at an average of $113.30. Estimates vary from a peak of $129.62 to a trough of $96.98, indicating an +59.60% surge from the present price of $70.99.
Month Average Low High Change from today's price
July, 2026 $121.44 $115.43 $129.62 +71.06%
August, 2026 $115.50 $112.78 $123.87 +62.69%
September, 2026 $111.91 $107.71 $117.95 +57.64%
October, 2026 $115.88 $108.11 $117.47 +63.23%
November, 2026 $117.56 $109.77 $125.96 +65.60%
December, 2026 $106.77 $105.26 $118.48 +50.40%

Best Buy Co Inc Stock (BBY) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Best Buy Co Inc (BBY) is $104.18, with a high forecast of $143.02 and a low forecast of $65.34. This indicates an +46.75% increase from the last price of $70.99.
Month Average Low High Change from today's price
January, 2027 $119.45 $104.47 $119.61 +68.26%
February, 2027 $137.18 $119.24 $138.62 +93.24%
March, 2027 $101.08 $99.75 $143.02 +42.38%
April, 2027 $101.09 $95.59 $107.40 +42.40%
May, 2027 $97.88 $93.98 $102.81 +37.88%
June, 2027 $107.15 $86.63 $114.01 +50.93%
July, 2027 $91.95 $90.61 $110.18 +29.52%
August, 2027 $92.33 $89.56 $98.67 +30.06%
September, 2027 $85.04 $70.12 $99.23 +19.79%
October, 2027 $71.56 $68.71 $86.35 +0.80%
November, 2027 $72.22 $65.34 $76.50 +1.73%
December, 2027 $81.35 $69.88 $82.57 +14.59%

Best Buy Co Inc Stock (BBY) Price Forecast for 2028

In 2028, Best Buy Co Inc (BBY) is projected to reach an average price of $78.10, with a high projection of $94.37 and a low estimate of $61.84. This indicates an +10.02% rise from the last price of $70.99.
Month Average Low High Change from today's price
January, 2028 $72.19 $70.07 $87.53 +1.69%
February, 2028 $64.39 $63.47 $78.92 -9.30%
March, 2028 $69.46 $61.84 $70.36 -2.15%
April, 2028 $82.28 $66.07 $84.34 +15.90%
May, 2028 $82.40 $79.35 $88.19 +16.07%
June, 2028 $83.72 $79.68 $87.94 +17.93%
July, 2028 $86.57 $82.73 $94.37 +21.95%
August, 2028 $79.66 $78.74 $90.28 +12.22%
September, 2028 $76.13 $73.80 $80.53 +7.24%
October, 2028 $74.62 $72.01 $76.97 +5.12%
November, 2028 $74.26 $69.48 $77.03 +4.61%
December, 2028 $83.00 $73.46 $84.54 +16.92%

Best Buy Co Inc Stock (BBY) Price Forecast for 2029

The 2029 price forecast for Best Buy Co Inc Stock (BBY) is $75.26 on average, with a high prediction of $87.16 and a low estimate of $63.35. This represents an +6.01% increase from the previous price of $70.99.
Month Average Low High Change from today's price
January, 2029 $84.10 $80.18 $86.45 +18.47%
February, 2029 $73.72 $73.40 $84.40 +3.85%
March, 2029 $73.44 $72.85 $79.96 +3.46%
April, 2029 $70.54 $68.04 $73.18 -0.63%
May, 2029 $65.17 $63.35 $73.54 -8.19%
June, 2029 $74.47 $63.97 $74.55 +4.91%
July, 2029 $79.33 $71.73 $80.00 +11.75%
August, 2029 $73.54 $70.71 $80.59 +3.60%
September, 2029 $77.33 $73.45 $78.20 +8.94%
October, 2029 $82.71 $75.97 $87.16 +16.52%
November, 2029 $77.21 $76.23 $84.37 +8.75%
December, 2029 $73.07 $70.62 $77.86 +2.93%

Best Buy Co Inc Stock (BBY) Price Forecast for 2030

Best Buy Co Inc Stock (BBY) is expected to reach an average price of $72.11 in 2030, with a high forecast of $94.03 and a low forecast of $50.19. This signifies an +1.58% surge from the last price of $70.99.
Month Average Low High Change from today's price
January, 2030 $68.16 $63.68 $74.28 -3.99%
February, 2030 $76.90 $67.03 $77.30 +8.32%
March, 2030 $70.73 $69.12 $80.61 -0.36%
April, 2030 $65.78 $64.12 $76.57 -7.34%
May, 2030 $71.19 $64.56 $71.98 +0.28%
June, 2030 $75.43 $65.78 $76.02 +6.25%
July, 2030 $74.48 $73.20 $79.77 +4.91%
August, 2030 $89.67 $74.22 $91.43 +26.31%
September, 2030 $92.63 $87.99 $92.82 +30.49%
October, 2030 $92.27 $86.62 $93.91 +29.98%
November, 2030 $61.04 $56.47 $94.03 -14.01%
December, 2030 $55.69 $50.19 $67.07 -21.56%
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