Best Buy Q4 EPS Estimate Lowered by Telsey Advisory Group

Best Buy Co., Inc. (NYSE:BBY) – Investment analysts at Telsey Advisory Group decreased their Q4 2025 earnings per share estimates for shares of Best Buy in a research note issued to investors on Tuesday, November 26th. Telsey Advisory Group analyst J. Feldman now expects that the technology retailer will earn $2.41 per share for the quarter, down from their prior estimate of $2.52. Telsey Advisory Group currently has a “Outperform” rating and a $110.00 target price on the stock. The consensus estimate for Best Buy’s current full-year earnings is $6.28 per share. Telsey Advisory Group also issued estimates for Best Buy’s Q1 2026 earnings at $1.25 EPS, Q2 2026 earnings at $1.44 EPS, Q3 2026 earnings at $1.39 EPS, Q4 2026 earnings at $2.64 EPS and FY2026 earnings at $6.70 EPS.

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

Other research analysts have also issued reports about the company. Melius Research initiated coverage on Best Buy in a research report on Monday, September 23rd. They set a “hold” rating and a $100.00 target price for the company. BNP Paribas upgraded Best Buy to a “strong-buy” rating in a report on Thursday, August 29th. Citigroup decreased their price target on Best Buy from $109.00 to $101.00 and set a “buy” rating for the company in a report on Wednesday. DA Davidson reiterated a “buy” rating and set a $117.00 price target on shares of Best Buy in a report on Tuesday, October 15th. Finally, Loop Capital decreased their price target on Best Buy from $110.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Best Buy presently has an average rating of “Moderate Buy” and a consensus target price of $100.82.

Best Buy Stock Down 0.4 %

Shares of NYSE:BBY opened at $88.17 on Thursday. The firm has a market cap of $18.93 billion, a P/E ratio of 15.20, a P/E/G ratio of 2.44 and a beta of 1.47. The company has a quick ratio of 0.34, a current ratio of 1.01 and a debt-to-equity ratio of 0.37. Best Buy has a 12-month low of $68.67 and a 12-month high of $103.71. The business has a fifty day simple moving average of $93.96 and a 200 day simple moving average of $89.06.

Best Buy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 7th. Shareholders of record on Tuesday, December 17th will be paid a dividend of $0.94 per share. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $3.76 dividend on an annualized basis and a yield of 4.26%. Best Buy’s dividend payout ratio (DPR) is currently 64.83%.

Hedge Funds Weigh In On Best Buy

A number of hedge funds have recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. lifted its position in shares of Best Buy by 190.9% during the 2nd quarter. Richardson Financial Services Inc. now owns 320 shares of the technology retailer’s stock worth $27,000 after buying an additional 210 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Best Buy during the 2nd quarter worth approximately $35,000. Harbor Capital Advisors Inc. bought a new stake in shares of Best Buy in the 3rd quarter worth approximately $40,000. LRI Investments LLC raised its holdings in shares of Best Buy by 632.1% in the 3rd quarter. LRI Investments LLC now owns 388 shares of the technology retailer’s stock worth $40,000 after purchasing an additional 335 shares during the period. Finally, Whittier Trust Co. raised its holdings in shares of Best Buy by 53.3% in the 2nd quarter. Whittier Trust Co. now owns 492 shares of the technology retailer’s stock worth $41,000 after purchasing an additional 171 shares during the period. Institutional investors and hedge funds own 80.96% of the company’s stock.

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.