Best Buy Co., Inc. (NYSE:BBY) to Post Q3 2025 Earnings of $1.30 Per Share, Zacks Research Forecasts

Best Buy Co., Inc. (NYSE:BBY) – Analysts at Zacks Research reduced their Q3 2025 earnings estimates for Best Buy in a research note issued to investors on Wednesday, September 18th. Zacks Research analyst R. Department now expects that the technology retailer will earn $1.30 per share for the quarter, down from their prior estimate of $1.32. The consensus estimate for Best Buy’s current full-year earnings is $6.26 per share. Zacks Research also issued estimates for Best Buy’s FY2025 earnings at $6.26 EPS, Q1 2026 earnings at $1.26 EPS, Q2 2026 earnings at $1.48 EPS, Q3 2026 earnings at $1.48 EPS, Q4 2026 earnings at $2.70 EPS, FY2026 earnings at $6.91 EPS, Q1 2027 earnings at $1.38 EPS, Q2 2027 earnings at $1.61 EPS and FY2027 earnings at $7.56 EPS.

Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Best Buy from $101.00 to $111.00 and gave the company an “overweight” rating in a research note on Friday, August 30th. Telsey Advisory Group boosted their price target on Best Buy from $95.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, August 30th. Piper Sandler reaffirmed an “overweight” rating and set a $114.00 price objective (up from $100.00) on shares of Best Buy in a report on Friday, August 30th. Truist Financial upped their target price on Best Buy from $86.00 to $107.00 and gave the company a “hold” rating in a report on Friday, August 30th. Finally, DA Davidson lifted their price target on Best Buy from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, May 31st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $102.56.

Best Buy Price Performance

Shares of NYSE BBY opened at $98.48 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.34 and a current ratio of 1.01. Best Buy has a one year low of $62.30 and a one year high of $103.71. The firm has a market capitalization of $21.24 billion, a P/E ratio of 17.25, a PEG ratio of 2.56 and a beta of 1.46. The company’s fifty day moving average is $89.93 and its two-hundred day moving average is $83.32.

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

Best Buy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, September 19th will be given a dividend of $0.94 per share. The ex-dividend date is Thursday, September 19th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 3.82%. Best Buy’s payout ratio is currently 65.85%.

Insider Activity

In related news, EVP Jason J. Bonfig sold 3,500 shares of Best Buy stock in a transaction on Monday, July 8th. The shares were sold at an average price of $83.02, for a total transaction of $290,570.00. Following the sale, the executive vice president now owns 50,714 shares of the company’s stock, valued at approximately $4,210,276.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Jason J. Bonfig sold 3,500 shares of Best Buy stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $83.02, for a total transaction of $290,570.00. Following the sale, the executive vice president now directly owns 50,714 shares of the company’s stock, valued at $4,210,276.28. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Richard M. Schulze sold 88,542 shares of the firm’s stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of $88.25, for a total value of $7,813,831.50. Following the sale, the chairman now owns 13,602,853 shares of the company’s stock, valued at approximately $1,200,451,777.25. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,383,370 shares of company stock worth $122,233,276. 0.59% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Best Buy

Institutional investors have recently modified their holdings of the stock. AMF Tjanstepension AB acquired a new stake in Best Buy during the first quarter worth about $8,676,000. GAMMA Investing LLC lifted its stake in Best Buy by 78.7% in the second quarter. GAMMA Investing LLC now owns 2,039 shares of the technology retailer’s stock valued at $172,000 after buying an additional 898 shares during the last quarter. Bridgewater Associates LP boosted its holdings in shares of Best Buy by 34.9% during the fourth quarter. Bridgewater Associates LP now owns 195,156 shares of the technology retailer’s stock valued at $15,277,000 after acquiring an additional 50,438 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of Best Buy by 11.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 74,764 shares of the technology retailer’s stock worth $6,302,000 after acquiring an additional 7,663 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of Best Buy in the 4th quarter worth about $328,000. 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.