BEST BUY CO INC (BBY) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does BEST BUY CO INC Do?
Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing 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, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota. BEST BUY CO INC (BBY) is classified as a large-cap stock in the Consumer Discretionary sector, specifically within the Retail industry. The company is led by CEO Corie S. Barry and employs approximately 105,000 people, headquartered in Minneapolis, Minnesota. With a market capitalization of $13.4B, BBY is one of the prominent companies in the Consumer Discretionary sector.
BEST BUY CO INC (BBY) Stock Rating — Hold (April 2026)
As of April 2026, BEST BUY CO INC receives a Hold rating with a composite score of 44.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.BBY ranks #1,824 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, BEST BUY CO INC ranks #167 of 442 stocks, placing it in the upper half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
BBY Stock Price and 52-Week Range
BEST BUY CO INC (BBY) currently trades at $62.41. The stock lost $2.12 (3.3%) in the most recent trading session. The 52-week high for BBY is $84.99, which means the stock is currently trading -26.6% from its annual peak. The 52-week low is $54.99, putting the stock 13.5% above its annual trough. Recent trading volume was 2.8M shares, reflecting moderate market activity.
Is BBY Overvalued or Undervalued? — Valuation Analysis
BEST BUY CO INC (BBY) carries a value factor score of 72/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 16.71x, compared to the Consumer Discretionary sector average of 24.47x — a discount of 32%. The price-to-book ratio stands at 4.52x, versus the sector average of 1.99x. The price-to-sales ratio is 0.36x, compared to 0.27x for the average Consumer Discretionary stock. On an enterprise value basis, BBY trades at 13.15x EV/EBITDA, versus 4.91x for the sector.
Based on these multiples, BEST BUY CO INC appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
BEST BUY CO INC Profitability — ROE, Margins, and Quality Score
BEST BUY CO INC (BBY) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 27.0%, compared to the Consumer Discretionary sector average of 6.2%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 5.5% versus the sector average of 2.5%.
On a margin basis, BEST BUY CO INC reports gross margins of 23.3%, compared to 36.9% for the sector. The operating margin is 2.7% (sector: 3.8%). Net profit margin stands at 2.2%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at 4.1% on a trailing basis, compared to 3.3% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
BBY Debt, Balance Sheet, and Financial Health
BEST BUY CO INC has a debt-to-equity ratio of 395.0%, compared to the Consumer Discretionary sector average of 89.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.11x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.17B. Cash and equivalents stand at $923M.
BBY has a beta of 1.29, meaning it is more volatile than the broader market — a $10,000 investment in BBY would be expected to move 29.0% more than the S&P 500 on any given day. The stability factor score for BEST BUY CO INC is 58/100, reflecting average volatility within the normal range for its sector.
BEST BUY CO INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, BEST BUY CO INC reported revenue of $37.32B and earnings per share (EPS) of $5.06. Net income for the quarter was $801M. Gross margin was 23.3%. Operating income came in at $1.02B.
In FY 2026, BEST BUY CO INC reported revenue of $41.69B and earnings per share (EPS) of $5.06. Net income for the quarter was $1.07B. Gross margin was 22.5%. Revenue grew 0.4% year-over-year compared to FY 2025. Operating income came in at $1.39B.
In Q3 2026, BEST BUY CO INC reported revenue of $9.67B and earnings per share (EPS) of $0.67. Net income for the quarter was $140M. Gross margin was 23.2%. Revenue grew 2.4% year-over-year compared to Q3 2025. Operating income came in at $198M.
In Q2 2026, BEST BUY CO INC reported revenue of $9.44B and earnings per share (EPS) of $0.88. Net income for the quarter was $186M. Gross margin was 23.3%. Revenue grew 1.6% year-over-year compared to Q2 2025. Operating income came in at $251M.
Over the past 8 quarters, BEST BUY CO INC has demonstrated a growth trajectory, with revenue expanding from $9.29B to $37.32B. Investors analyzing BBY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
BBY Dividend Yield and Income Analysis
BEST BUY CO INC (BBY) does not currently pay a dividend. This is common among growth-oriented companies in the Retail industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.
BBY Momentum and Technical Analysis Profile
BEST BUY CO INC (BBY) has a momentum factor score of 33/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 32/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 18/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
BBY vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison
Within the Consumer Discretionary sector, BEST BUY CO INC (BBY) ranks #167 out of 442 stocks based on the Blank Capital composite score. This places BBY in the upper half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.
Comparing BBY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BBY vs S&P 500 (SPY) comparison to assess how BEST BUY CO INC stacks up against the broader market across all factor dimensions.
BBY Next Earnings Date
No upcoming earnings date has been announced for BEST BUY CO INC (BBY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy BBY? — Investment Thesis Summary
BEST BUY CO INC presents a balanced picture with arguments on both sides. The value score of 72/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 33/100, a headwind for near-term performance.
In summary, BEST BUY CO INC (BBY) earns a Hold rating with a composite score of 44.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BBY stock.
Related Resources for BBY Investors
Explore more research and tools: BBY vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BBY head-to-head with peers: BBY vs MCRI, BBY vs CASY, BBY vs IMKTA.