Best Buy (BBY) Projected to Post Quarterly Earnings on Tuesday

Best Buy (NYSE:BBY) is expected to issue its Q4 2026 results before the market opens on Tuesday, March 3rd. Analysts expect Best Buy to post earnings of $2.50 per share and revenue of $13.9569 billion for the quarter. Individuals may review the information on the company’s upcoming Q4 2026 earning report for the latest details on the call scheduled for Tuesday, March 3, 2026 at 8:00 AM ET.

Best Buy Stock Down 1.5%

Shares of BBY opened at $61.93 on Friday. The company has a quick ratio of 0.26, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. The business has a fifty day moving average of $67.09 and a 200 day moving average of $73.01. The company has a market cap of $12.98 billion, a PE ratio of 20.51, a P/E/G ratio of 1.48 and a beta of 1.44. Best Buy has a 52-week low of $54.99 and a 52-week high of $90.86.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Citigroup lowered their target price on shares of Best Buy from $82.00 to $67.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Best Buy in a research note on Wednesday, January 21st. Daiwa Securities Group boosted their target price on Best Buy from $76.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, November 28th. Telsey Advisory Group reiterated an “outperform” rating and issued a $95.00 price target on shares of Best Buy in a report on Tuesday, February 24th. Finally, Jefferies Financial Group decreased their price target on Best Buy from $94.00 to $89.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Seven research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Best Buy has a consensus rating of “Hold” and an average price target of $80.05.

Key Stories Impacting Best Buy

Here are the key news stories impacting Best Buy this week:

• Positive Sentiment: Telsey Advisory Group reiterated an Outperform rating on BBY, signaling at least one major shop has confidence in Best Buy’s longer-term playbook. Telsey Reiterates Outperform
• Positive Sentiment: GoPro and ASUS launched a co-branded ProArt laptop that will be sold exclusively at Best Buy in the U.S., providing a small but tangible product-differentiation and traffic driver in the near term. GoPro/ASUS ProArt at Best Buy
• Neutral Sentiment: Macro/AI uncertainty is a market-wide theme — commentary notes AI could both help and hurt sectors; this keeps discretionary retailers like Best Buy exposed to sentiment swings around tech spending. AI disruption looms over markets
• Neutral Sentiment: Analyst-model coverage (Zacks) highlights the key metrics investors will watch in BBY’s Q4 — same-store sales, AURs, services/Total Tech attach and margin drivers — useful context but no consensus surprise implied yet. Zacks Analyst Projections for BBY Q4
• Neutral Sentiment: Consensus analyst recommendation sits at “Hold,” reflecting mixed views across the sell-side and limited near-term conviction. Consensus “Hold” for Best Buy
• Negative Sentiment: HSBC lowered its price target on BBY from $96 to $85, signaling reduced optimism on Best Buy’s recovery momentum and contributing to downward pressure on the stock. HSBC cuts BBY price target
• Negative Sentiment: Wedbush trimmed its target to $70 (from $80) while staying Neutral, reflecting cautious near-term expectations and signaling limited upside in the near term. Wedbush cautious on Best Buy
• Negative Sentiment: UBS expects a tough fiscal Q4 with sales down ~2% amid intensifying competition — this guidance/expectation directly pressures near-term revenue and margins, a likely catalyst for today’s selloff. UBS sees tough Q4 for Best Buy

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BBY. Palisade Asset Management LLC purchased a new stake in shares of Best Buy during the 3rd quarter valued at $25,000. Atlas Capital Advisors Inc. acquired a new position in shares of Best Buy in the 4th quarter valued at $32,000. CYBER HORNET ETFs LLC acquired a new stake in Best Buy during the 2nd quarter worth about $33,000. MUFG Securities EMEA plc purchased a new position in shares of Best Buy in the second quarter worth about $38,000. Finally, DV Equities LLC acquired a new stake in shares of Best Buy during the fourth quarter worth about $38,000. Institutional investors own 80.96% of the company’s stock.

Best Buy Company Profile

Best Buy Co, Inc is a leading North American consumer electronics retailer that sells a broad range of products including computers, mobile phones, televisions and home theater systems, major appliances, smart-home devices, gaming hardware and software, wearables and related accessories. The company operates through a mix of large-format stores, smaller specialty locations and an e-commerce platform, offering national and private-brand merchandise from major consumer-technology manufacturers as well as third-party sellers.

Beyond product retailing, Best Buy provides a suite of services aimed at installation, repair and ongoing technical support.