Best Buy Co., Inc. (NYSE:BBY) Expected to Post Q3 2025 Earnings of $1.29 Per Share

Best Buy Co., Inc. (NYSE:BBY) – Equities research analysts at Telsey Advisory Group reduced their Q3 2025 earnings per share estimates for shares of Best Buy in a report issued on Thursday, August 29th. Telsey Advisory Group analyst J. Feldman now forecasts that the technology retailer will post earnings of $1.29 per share for the quarter, down from their previous estimate of $1.31. Telsey Advisory Group currently has a “Outperform” rating and a $115.00 price target on the stock. The consensus estimate for Best Buy’s current full-year earnings is $6.27 per share. Telsey Advisory Group also issued estimates for Best Buy’s FY2025 earnings at $6.33 EPS, Q1 2026 earnings at $1.29 EPS and FY2026 earnings at $6.97 EPS.

Several other equities research analysts have also recently commented on the company. Wells Fargo & Company boosted their target price on Best Buy from $80.00 to $95.00 and gave the company an “equal weight” rating in a research note on Friday, August 30th. UBS Group lifted their price target on shares of Best Buy from $106.00 to $123.00 and gave the company a “buy” rating in a research note on Friday, August 30th. Truist Financial raised their price objective on Best Buy from $86.00 to $107.00 and gave the company a “hold” rating in a report on Friday, August 30th. Evercore ISI upped their target price on Best Buy from $90.00 to $94.00 and gave the stock an “in-line” rating in a report on Friday, August 30th. Finally, Piper Sandler restated an “overweight” rating and issued a $114.00 price target (up from $100.00) on shares of Best Buy in a research note on Friday, August 30th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $102.56.

Best Buy Stock Performance

Shares of Best Buy stock opened at $100.94 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.01 and a quick ratio of 0.33. The firm has a market cap of $21.77 billion, a price-to-earnings ratio of 17.68, a price-to-earnings-growth ratio of 3.20 and a beta of 1.48. Best Buy has a one year low of $62.30 and a one year high of $103.71. The stock’s 50-day moving average is $86.45 and its 200-day moving average is $81.57.

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

Institutional Investors Weigh In On Best Buy

Large investors have recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Best Buy during the 4th quarter worth approximately $165,164,000. Ninety One UK Ltd acquired a new position in Best Buy during the second quarter valued at approximately $121,325,000. Thrivent Financial for Lutherans raised its position in Best Buy by 4,337.6% during the second quarter. Thrivent Financial for Lutherans now owns 1,099,495 shares of the technology retailer’s stock valued at $92,677,000 after purchasing an additional 1,074,718 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Best Buy by 55.7% during the second quarter. Bank of New York Mellon Corp now owns 2,863,291 shares of the technology retailer’s stock worth $241,347,000 after purchasing an additional 1,024,824 shares during the last quarter. Finally, Epoch Investment Partners Inc. boosted its holdings in shares of Best Buy by 11,586.7% in the 4th quarter. Epoch Investment Partners Inc. now owns 686,128 shares of the technology retailer’s stock valued at $53,710,000 after purchasing an additional 680,257 shares in the last quarter. 80.96% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Best Buy news, EVP Jason J. Bonfig sold 3,500 shares of the company’s stock in a transaction on Monday, July 8th. The stock was sold at an average price of $83.02, for a total value 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Jason J. Bonfig sold 3,500 shares of the firm’s stock in a transaction that occurred 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 transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Richard M. Schulze sold 691,328 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chairman now owns 14,911,525 shares of the company’s stock, valued at $1,319,073,501.50. The disclosure for this sale can be found here. Insiders sold 1,383,370 shares of company stock worth $122,233,276 over the last three months. Insiders own 0.59% of the company’s stock.

Best Buy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders 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 annualized dividend and a yield of 3.72%. Best Buy’s dividend payout ratio is currently 65.85%.

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.