Q3 2025 EPS Estimates for Best Buy Co., Inc. Lowered by Analyst (NYSE:BBY)

Best Buy Co., Inc. (NYSE:BBY) – Stock analysts at Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for shares of Best Buy in a research report issued to clients and investors on Wednesday, September 18th. Zacks Research analyst R. Department now forecasts that the technology retailer will post earnings of $1.30 per share for the quarter, down from their previous forecast 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.

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, beating analysts’ consensus estimates of $1.16 by $0.18. Best Buy had a net margin of 2.96% and a return on equity of 47.19%. The company had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.23 billion. During the same quarter in the previous year, the business posted $1.22 earnings per share. Best Buy’s quarterly revenue was down 3.1% on a year-over-year basis.

Several other brokerages have also recently issued reports on BBY. The Goldman Sachs Group boosted their price target on Best Buy from $95.00 to $116.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Citigroup increased their target price on Best Buy from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, August 30th. Evercore ISI raised their price target on Best Buy from $90.00 to $94.00 and gave the stock an “in-line” rating in a research report on Friday, August 30th. UBS Group upped their price objective on shares of Best Buy from $106.00 to $123.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Finally, Loop Capital raised their target price on shares of Best Buy from $100.00 to $110.00 and gave the company a “buy” rating in a report on Friday, August 30th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $102.56.

Best Buy Stock Performance

Shares of NYSE:BBY opened at $97.30 on Friday. Best Buy has a 12-month low of $62.30 and a 12-month high of $103.71. The company’s 50 day moving average price is $90.15 and its two-hundred day moving average price is $83.51. The firm has a market cap of $20.99 billion, a PE ratio of 17.04, a PEG ratio of 2.56 and a beta of 1.46. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Investors of record on Thursday, September 19th will be issued a $0.94 dividend. The ex-dividend date of this dividend is Thursday, September 19th. This represents a $3.76 dividend on an annualized basis and a yield of 3.86%. Best Buy’s payout ratio is 65.85%.

Insider Buying and Selling

In other Best Buy news, EVP Jason J. Bonfig sold 3,500 shares of the company’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $83.02, for a total value of $290,570.00. Following the sale, the executive vice president now owns 50,714 shares in the company, valued at approximately $4,210,276.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, Chairman Richard M. Schulze sold 691,328 shares of the company’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $88.46, for a total value of $61,154,874.88. Following the sale, the chairman now directly owns 14,911,525 shares of the company’s stock, valued at approximately $1,319,073,501.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Jason J. Bonfig sold 3,500 shares of Best Buy stock in a transaction on Monday, July 8th. The stock was sold at an average price of $83.02, for a total transaction of $290,570.00. Following the transaction, the executive vice president now directly owns 50,714 shares of the company’s stock, valued at approximately $4,210,276.28. The disclosure for this sale can be found here. Insiders sold a total of 1,383,370 shares of company stock valued at $122,233,276 in the last three months. Insiders own 0.59% of the company’s stock.

Institutional Trading of Best Buy

A number of institutional investors have recently bought and sold shares of BBY. Rise Advisors LLC boosted its position in shares of Best Buy by 69.5% during the 1st quarter. Rise Advisors LLC now owns 322 shares of the technology retailer’s stock valued at $26,000 after purchasing an additional 132 shares in the last quarter. Palisade Asset Management LLC acquired a new stake in shares of Best Buy during the 1st quarter worth approximately $27,000. Richardson Financial Services Inc. increased its stake in shares of Best Buy by 190.9% in the 2nd quarter. Richardson Financial Services Inc. now owns 320 shares of the technology retailer’s stock valued at $27,000 after acquiring an additional 210 shares in the last quarter. PrairieView Partners LLC lifted its position in shares of Best Buy by 67.1% during the 1st quarter. PrairieView Partners LLC now owns 376 shares of the technology retailer’s stock valued at $31,000 after acquiring an additional 151 shares during the period. Finally, Innealta Capital LLC bought a new position in Best Buy during the second quarter worth $35,000. Institutional investors own 80.96% of the company’s stock.

About Best Buy

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.