Best Buy (BBY) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Best Buy (NYSE: BBY) in the last few weeks:

• 11/28/2025 – Best Buy was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 11/28/2025 – Best Buy had its price target raised by analysts at Daiwa Capital Markets from $76.00 to $80.00. They now have a “neutral” rating on the stock.
• 11/26/2025 – Best Buy had its price target raised by analysts at Truist Financial Corporation from $79.00 to $84.00. They now have a “hold” rating on the stock.
• 11/26/2025 – Best Buy had its price target raised by analysts at UBS Group AG from $93.00 to $96.00. They now have a “buy” rating on the stock.
• 11/26/2025 – Best Buy had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $95.00 to $93.00. They now have a “buy” rating on the stock.
• 11/26/2025 – Best Buy had its price target raised by analysts at Morgan Stanley from $75.00 to $82.00. They now have an “equal weight” rating on the stock.
• 11/26/2025 – Best Buy had its price target raised by analysts at Piper Sandler from $75.00 to $76.00. They now have a “neutral” rating on the stock.
• 11/26/2025 – Best Buy had its price target lowered by analysts at BNP Paribas Exane from $69.00 to $68.00. They now have a “neutral” rating on the stock.
• 11/26/2025 – Best Buy had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $90.00 price target on the stock.
• 11/26/2025 – Best Buy had its price target raised by analysts at Evercore ISI from $80.00 to $85.00. They now have an “in-line” rating on the stock.
• 11/26/2025 – Best Buy had its price target raised by analysts at Telsey Advisory Group from $90.00 to $95.00. They now have an “outperform” rating on the stock.
• 11/25/2025 – Best Buy had its price target raised by analysts at Barclays PLC from $74.00 to $81.00. They now have an “equal weight” rating on the stock.
• 11/25/2025 – Best Buy had its price target raised by analysts at JPMorgan Chase & Co. from $97.00 to $99.00.
• 11/25/2025 – Best Buy had its price target raised by analysts at Loop Capital from $80.00 to $85.00. They now have a “buy” rating on the stock.
• 11/25/2025 – Best Buy had its price target lowered by analysts at Jefferies Financial Group Inc. from $95.00 to $94.00. They now have a “buy” rating on the stock.
• 11/20/2025 – Best Buy had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $75.00 price target on the stock.
• 11/18/2025 – Best Buy had its price target lowered by analysts at Evercore ISI from $85.00 to $80.00.
• 11/18/2025 – Best Buy had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $90.00 price target on the stock.
• 11/14/2025 – Best Buy had its price target raised by analysts at JPMorgan Chase & Co. from $89.00 to $97.00. They now have an “overweight” rating on the stock.
• 11/9/2025 – Best Buy was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 11/7/2025 – Best Buy had its price target raised by analysts at Citigroup Inc. from $73.00 to $82.00. They now have a “neutral” rating on the stock.
• 11/7/2025 – Best Buy had its price target raised by analysts at Truist Financial Corporation from $72.00 to $79.00. They now have a “hold” rating on the stock.
• 11/4/2025 – Best Buy had its price target raised by analysts at Evercore ISI from $80.00 to $85.00.
• 11/1/2025 – Best Buy was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 10/18/2025 – Best Buy was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.

Best Buy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Tuesday, December 16th will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, December 16th. Best Buy’s dividend payout ratio is 125.83%.

Insider Activity at Best Buy

In related news, Chairman Richard M. Schulze sold 500,000 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $80.83, for a total transaction of $40,415,000.00. Following the completion of the sale, the chairman directly owned 12,486,904 shares of the company’s stock, valued at approximately $1,009,316,450.32. This trade represents a 3.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders sold 1,534,993 shares of company stock valued at $126,626,855. Corporate insiders own 0.59% of the company’s stock.

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.