FMP

FMP

Best Buy Co., Inc. (NYSE:BBY) Financial Overview and Market Performance

  • Barclays sets a price target of $81 for NYSE:BBY, indicating a potential increase of 1.73%.
  • Best Buy's Q3 2026 earnings call reveals insights into the company's financial performance and future strategies.
  • The stock price of NYSE:BBY reflects a 5.21% increase, showcasing its market volatility and investor interest.

Best Buy Co., Inc. (NYSE:BBY) is a leading retailer specializing in consumer electronics, appliances, and related services. The company operates in a competitive market, with rivals like Amazon and Walmart. On November 25, 2025, Seth Sigman from Barclays set a price target of $81 for BBY, while the stock was trading at $79.62, indicating a potential increase of 1.73%.

On the same day, Best Buy held its Q3 2026 earnings call, featuring key executives like CEO Corie Barry and CFO Matthew Bilunas. The call was attended by analysts from major financial institutions, including Barclays, Morgan Stanley, and JPMorgan Chase. This event provided insights into Best Buy's financial performance and strategic plans for the future.

The stock price of NYSE:BBY is currently $79.56, reflecting a 5.21% increase, or $3.94, from previous levels. During the trading day, the stock fluctuated between $75.02 and $80.53. Over the past year, BBY's stock has seen a high of $91.72 and a low of $54.99, showcasing its volatility in the market.

Best Buy's market capitalization is approximately $16.72 billion, indicating its significant presence in the retail sector. The trading volume for BBY today is 4,986,918 shares on the NYSE, highlighting active investor interest. This volume reflects the market's response to the company's recent earnings call and the updated price target by Barclays.