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Barchart
Barchart
Neha Panjwani

What Are Wall Street Analysts' Target Price for Best Buy Stock?

BBY

Best Buy Co., Inc. (BBY), headquartered in Richfield, Minnesota, retails consumer electronics, home office products, entertainment software, appliances, and related services through its retail stores, as well as its website. Valued at $17.5 billion by market cap, the company also retails pre-recorded home entertainment products through retail stores.

Shares of this retail giant have underperformed the broader market over the past year. BBY has gained 18.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.2%. However, in 2026, BBY stock is up 24%, surpassing the SPX’s 13.2% rise on a YTD basis.

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