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86.51
0.30%
-0.26
After Hours:
86.83
0.32
+0.37%
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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 negative, with an average analyst price target of $78.80, representing a -8.92% decrease from the current price of $86.51. The highest analyst price target is $84.66, and the lowest is $72.93.
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 84.84
(-1.94% Downside)
Is Best Buy Co Inc (BBY) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 33.55 | Neutral |
| STOCH(9,6) | 42.88 | Neutral |
| STOCHRSI(14) | 4.5288 | Buy |
| MACD(12,26) | -1.8476 | Sell |
| ADX(14) | 25.26 | Sell |
| William %R | -86.47 | Buy |
| CCI(14) | -119.86 | Sell |
Buy: 2
Sell: 3
Neutral: 2
Summary: Sell
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
89.29
Sell
|
88.95
Sell
|
| MA20 |
90.20
Sell
|
90.44
Sell
|
| MA50 |
94.89
Sell
|
92.23
Sell
|
| MA100 |
91.55
Sell
|
90.80
Sell
|
| MA200 |
85.17
Buy
|
86.61
Sell
|
Buy: 1
Sell: 9
Neutral: 0
Summary: Sell
According to our latest analysis, BBY could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 12 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on BBY, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 33.55 indicates that BBY is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 42.88 indicates that BBY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 4.5288 indicates that BBY is oversold. This suggests that BBY price is at or near the lowest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 25.26 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -119.86 indicates that BBY is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.
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 $-17.21% rise from the last recorded price of $86.51.
- 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 $-10.21% 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 -20.55% 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 $23.78% 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 2024
Our forecast for BBY stock price in 2024 now indicates an average price target of $74.38 with a high forecast of $86.11 and a low forecast of $62.64. The average prediction reflects an decrease of -14.03% from the last recorded price of $86.51.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $83.21 | $72.93 | $84.66 | -3.82% |
Best Buy Co Inc Stock (BBY) Price Forecast for 2025
Best Buy Co Inc Stock (BBY) is expected to reach an average price of $86.93 in 2025, with a high prediction of $124.71 and a low estimate of $49.15. This indicates an +0.49% rise from the last recorded price of $86.51.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $88.16 | $82.51 | $90.39 | +1.91% |
| February, 2025 | $85.89 | $85.58 | $92.87 | -0.71% |
| March, 2025 | $74.47 | $74.38 | $92.99 | -13.91% |
| April, 2025 | $58.04 | $49.15 | $82.46 | -32.91% |
| May, 2025 | $71.04 | $52.75 | $72.65 | -17.88% |
| June, 2025 | $79.70 | $71.75 | $81.92 | -7.87% |
| July, 2025 | $82.18 | $76.31 | $88.73 | -5.00% |
| August, 2025 | $85.90 | $81.41 | $90.77 | -0.70% |
| September, 2025 | $103.94 | $85.46 | $104.76 | +20.15% |
| October, 2025 | $107.35 | $103.94 | $120.52 | +24.09% |
| November, 2025 | $112.33 | $103.87 | $113.45 | +29.85% |
| December, 2025 | $112.59 | $110.64 | $124.71 | +30.15% |
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 +30.97% surge from the present price of $86.51.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $113.67 | $111.96 | $125.93 | +31.40% |
| February, 2026 | $102.94 | $100.64 | $113.72 | +19.00% |
| March, 2026 | $115.04 | $99.71 | $116.80 | +32.97% |
| April, 2026 | $119.05 | $106.71 | $124.35 | +37.61% |
| May, 2026 | $119.23 | $96.98 | $121.34 | +37.82% |
| June, 2026 | $123.53 | $114.39 | $123.88 | +42.79% |
| July, 2026 | $121.44 | $115.43 | $129.62 | +40.37% |
| August, 2026 | $115.50 | $112.78 | $123.87 | +33.51% |
| September, 2026 | $111.91 | $107.71 | $117.95 | +29.36% |
| October, 2026 | $115.88 | $108.11 | $117.47 | +33.95% |
| November, 2026 | $117.56 | $109.77 | $125.96 | +35.89% |
| December, 2026 | $106.77 | $105.26 | $118.48 | +23.42% |
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 +20.42% increase from the last price of $86.51.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $119.45 | $104.47 | $119.61 | +38.07% |
| February, 2027 | $137.18 | $119.24 | $138.62 | +58.57% |
| March, 2027 | $101.08 | $99.75 | $143.02 | +16.84% |
| April, 2027 | $101.09 | $95.59 | $107.40 | +16.85% |
| May, 2027 | $97.88 | $93.98 | $102.81 | +13.14% |
| June, 2027 | $107.15 | $86.63 | $114.01 | +23.86% |
| July, 2027 | $91.95 | $90.61 | $110.18 | +6.29% |
| August, 2027 | $92.33 | $89.56 | $98.67 | +6.73% |
| September, 2027 | $85.04 | $70.12 | $99.23 | -1.70% |
| October, 2027 | $71.56 | $68.71 | $86.35 | -17.28% |
| November, 2027 | $72.22 | $65.34 | $76.50 | -16.52% |
| December, 2027 | $81.35 | $69.88 | $82.57 | -5.96% |
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 -9.72% fall from the last price of $86.51.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $72.19 | $70.07 | $87.53 | -16.55% |
| February, 2028 | $64.39 | $63.47 | $78.92 | -25.57% |
| March, 2028 | $69.46 | $61.84 | $70.36 | -19.71% |
| April, 2028 | $82.28 | $66.07 | $84.34 | -4.89% |
| May, 2028 | $82.40 | $79.35 | $88.19 | -4.75% |
| June, 2028 | $83.72 | $79.68 | $87.94 | -3.22% |
| July, 2028 | $86.57 | $82.73 | $94.37 | +0.07% |
| August, 2028 | $79.66 | $78.74 | $90.28 | -7.92% |
| September, 2028 | $76.13 | $73.80 | $80.53 | -12.00% |
| October, 2028 | $74.62 | $72.01 | $76.97 | -13.74% |
| November, 2028 | $74.26 | $69.48 | $77.03 | -14.16% |
| December, 2028 | $83.00 | $73.46 | $84.54 | -4.05% |
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 -13.01% decrease from the previous price of $86.51.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $84.10 | $80.18 | $86.45 | -2.78% |
| February, 2029 | $73.72 | $73.40 | $84.40 | -14.78% |
| March, 2029 | $73.44 | $72.85 | $79.96 | -15.10% |
| April, 2029 | $70.54 | $68.04 | $73.18 | -18.46% |
| May, 2029 | $65.17 | $63.35 | $73.54 | -24.66% |
| June, 2029 | $74.47 | $63.97 | $74.55 | -13.91% |
| July, 2029 | $79.33 | $71.73 | $80.00 | -8.29% |
| August, 2029 | $73.54 | $70.71 | $80.59 | -14.99% |
| September, 2029 | $77.33 | $73.45 | $78.20 | -10.61% |
| October, 2029 | $82.71 | $75.97 | $87.16 | -4.39% |
| November, 2029 | $77.21 | $76.23 | $84.37 | -10.76% |
| December, 2029 | $73.07 | $70.62 | $77.86 | -15.54% |
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 -16.64% decrease from the last price of $86.51.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $68.16 | $63.68 | $74.28 | -21.21% |
| February, 2030 | $76.90 | $67.03 | $77.30 | -11.11% |
| March, 2030 | $70.73 | $69.12 | $80.61 | -18.24% |
| April, 2030 | $65.78 | $64.12 | $76.57 | -23.96% |
| May, 2030 | $71.19 | $64.56 | $71.98 | -17.71% |
| June, 2030 | $75.43 | $65.78 | $76.02 | -12.81% |
| July, 2030 | $74.48 | $73.20 | $79.77 | -13.91% |
| August, 2030 | $89.67 | $74.22 | $91.43 | +3.65% |
| September, 2030 | $92.63 | $87.99 | $92.82 | +7.08% |
| October, 2030 | $92.27 | $86.62 | $93.91 | +6.66% |
| November, 2030 | $61.04 | $56.47 | $94.03 | -29.44% |
| December, 2030 | $55.69 | $50.19 | $67.07 | -35.63% |
3.84%
1.31%
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