Best Buy (BBY) call put ratio 1 call to 2.1 puts into quarter results

Go back to Best Buy (BBY) call put ratio 1 call to 2.1 puts into quarter results

Best Buy (BBY) PT Lowered to $70 at Wedbush

May 30, 2025 6:33 AM EDT

Wedbush analyst Seth Basham lowered the price target on Best Buy (NYSE: BBY) to $70.00 (from $75.00) while maintaining a Neutral rating.

The analyst comments "BBY reported mixed 1Q results that missed buy-side expectations looking for upside to consensus estimates on the top line while delivering upside vs. consensus on the bottom line that was partially driven by a favorable tax settlement. As expected, the company revised its full year outlook lower after... More

Best Buy (BBY) PT Lowered to $94 at Goldman Sachs

May 30, 2025 4:33 AM EDT

Goldman Sachs analyst Kate McShane lowered the price target on Best Buy (NYSE: BBY) to $94.00 (from $116.00) while maintaining a Buy rating.

The analyst comments "BBY stock declined ~-7.3% after the company reported a slight sales miss and lowered FY26 guidance. Key takeaways from the quarter include: 1) SSS were negative driven by weakness in more... More

Best Buy (BBY) PT Lowered to $90 at DA Davidson

May 29, 2025 2:25 PM EDT

DA Davidson analyst Michael Baker lowered the price target on Best Buy (NYSE: BBY) to $90.00 (from $95.00) while maintaining a Buy rating.

The analyst comments "Through mitigation efforts, BBYs tariff situation has greatly improved versus the concerns that impacted the stock in... More

Best Buy (BBY) PT Lowered to $88 at Jefferies

May 29, 2025 1:52 PM EDT

Jefferies analyst Jonathan Matuszewski lowered the price target on Best Buy (NYSE: BBY) to $88.00 (from $92.00) while maintaining a Buy rating.

The analyst comments "With investor expectations for C'25 EPS below the Street heading into this print, coupled with no 'red flags' regarding consumer... More

Best Buy (BBY) PT Lowered to $95 at JPMorgan, 'Oversold Move with Stock at Trough Valuation'

May 29, 2025 1:05 PM EDT

JPMorgan analyst Christopher Horvers lowered the price target on Best Buy (NYSE: BBY) to $95.00 (from $110.00) while maintaining a Overweight rating.

The analyst comments "PMs take: data-driven miss drives oversold stock; attractive entry point on trough valuation with reasons for acceleration. BBY posted mixed results with a comp miss (-0.7% vs. the Street's -0.4% and expectations that, apparently, centered around +2% based on feedback today), with slight EPS upside that was driven by a tax settlement. The company also guided down ~11% for 2Q, albeit only taking the year down to the lower-end of... More

Best Buy (BBY) PT Raised to $69 at Truist Securities

May 29, 2025 12:10 PM EDT

Truist Securities analyst Scot Ciccarelli raised the price target on Best Buy (NYSE: BBY) to $69.00 (from $64.00) while maintaining a Hold rating.

The analyst comments "1Q was in-line with our ests. and core trends remain muted, with + comps in computing/ tablets being offset by softness... More

Truist on Best Buy (BBY): 'Another ~in-line qtr, tariff impact more muted, but still lacks momentum'

May 29, 2025 8:28 AM EDT

Truist Securities analyst Scot Ciccarelli reiterated a Hold rating and $64.00 price target on Best Buy (NYSE: BBY).

The analyst comments "Net/net 1Q results were in-line with our projections, including a Domestic comp decline of (0.7%) vs. our 0.0%E and EPS of $1.15 (exactly... More

Barclays Reiterates Equalweight Rating on Best Buy (BBY)

May 29, 2025 7:56 AM EDT

Barclays analyst Matthew McClintock reiterated an Equalweight rating and $89.00 price target on Best Buy (NYSE: BBY).

The analyst comments "BBY's Q1 was mixed (sales down slightly but better EPS), with key now being its ability to convey a level of confidence in how it can navigate tariffs and continue to... More

Barclays Reiterates Equalweight Rating on Best Buy (BBY)

May 29, 2025 7:56 AM EDT

Barclays analyst Matthew McClintock reiterated an Equalweight rating and $89.00 price target on Best Buy (NYSE: BBY).

The analyst comments "BBY's Q1 was mixed (sales down slightly but better EPS), with key now being its ability to convey a level of confidence in how it can navigate tariffs and continue to... More

Best Buy earnings: Will Q1 benefit from pull forward demand?

May 28, 2025 8:00 PM EDT

Best Buy (NYSE: BBY) is set to report first-quarter earnings on May 29, and analysts see signs that consumer behavior ahead of tariff changes may have temporarily boosted results.

Citi raised its same-store sales (SSS) forecast to +1.7% and EPS to $1.20, citing strong high frequency data trends following Liberation Day and reports from warehouse clubs pointing to a... More