Best Buy (BBY) Expected to Announce Quarterly Earnings on Tuesday

Best Buy (NYSE:BBY) will likely be releasing its Q3 2026 results before the market opens on Tuesday, November 25th. Analysts expect Best Buy to post earnings of $1.30 per share and revenue of $9.5732 billion for the quarter. Best Buy has set its FY 2026 guidance at 6.150-6.300 EPS.Parties are encouraged to explore the company’s upcoming Q3 2026 earningoverview page for the latest details on the call scheduled for Tuesday, November 25, 2025 at 8:00 AM ET.

Best Buy (NYSE:BBY) last posted its earnings results on Thursday, August 28th. The technology retailer reported $1.28 EPS for the quarter, beating the consensus estimate of $1.22 by $0.06. Best Buy had a return on equity of 47.32% and a net margin of 1.87%.The firm had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.23 billion. During the same period last year, the firm earned $1.34 EPS. The firm’s revenue was up 1.6% compared to the same quarter last year. On average, analysts expect Best Buy to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Best Buy Trading Down 1.4%

NYSE:BBY opened at $74.67 on Tuesday. The business has a fifty day moving average of $77.60 and a 200-day moving average of $72.95. The stock has a market cap of $15.69 billion, a price-to-earnings ratio of 20.63, a PEG ratio of 2.21 and a beta of 1.25. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.36 and a current ratio of 1.04. Best Buy has a 1 year low of $54.99 and a 1 year high of $95.49.

Best Buy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 18th were paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Thursday, September 18th. Best Buy’s dividend payout ratio (DPR) is currently 104.97%.

Insider Activity at Best Buy

In other Best Buy news, Chairman Richard M. Schulze sold 500,000 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $80.83, for a total value of $40,415,000.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Mathew Watson sold 3,715 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $74.07, for a total value of $275,170.05. Following the completion of the transaction, the chief accounting officer owned 22,150 shares in the company, valued at $1,640,650.50. This represents a 14.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,736,826 shares of company stock worth $141,568,327 over the last 90 days. 0.47% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Best Buy

A number of hedge funds and other institutional investors have recently made changes to their positions in BBY. AQR Capital Management LLC grew its holdings in shares of Best Buy by 99.8% in the 3rd quarter. AQR Capital Management LLC now owns 6,997,871 shares of the technology retailer’s stock valued at $525,120,000 after buying an additional 3,496,254 shares during the period. Northern Trust Corp lifted its holdings in Best Buy by 5.5% during the third quarter. Northern Trust Corp now owns 2,888,664 shares of the technology retailer’s stock worth $218,441,000 after acquiring an additional 150,871 shares in the last quarter. Legal & General Group Plc lifted its holdings in Best Buy by 0.3% during the third quarter. Legal & General Group Plc now owns 1,661,024 shares of the technology retailer’s stock worth $125,607,000 after acquiring an additional 5,130 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in Best Buy by 34.3% in the second quarter. Canada Pension Plan Investment Board now owns 1,174,216 shares of the technology retailer’s stock valued at $78,825,000 after acquiring an additional 299,678 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in Best Buy by 16.3% in the third quarter. Ameriprise Financial Inc. now owns 842,011 shares of the technology retailer’s stock valued at $63,705,000 after acquiring an additional 118,112 shares during the period. 80.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Best Buy in a research report on Wednesday, October 8th. Wedbush raised their price objective on shares of Best Buy from $70.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday, August 29th. Argus reaffirmed a “hold” rating on shares of Best Buy in a research note on Tuesday, September 16th. Citigroup upped their price target on shares of Best Buy from $73.00 to $82.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Finally, Evercore ISI lifted their target price on shares of Best Buy from $80.00 to $85.00 in a research note on Tuesday, November 4th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $83.88.

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.