Best Buy stock holds firm as analysts keep a hold view
Published on 08/21/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Best Buy Co., Inc. (US0865161014) stock is trading against a $18.06 billion market cap, a $85.67 opening price and a 12-month range of $55.10 to $91.26 as Wall Street keeps a Hold view on 22 analysts. The latest read also points to August 27, 2026 earnings, giving the market a near-term date to anchor expectations.
Analyst tone stays cautious
According to the MarketBeat analyst snapshot, 15 analysts rate Best Buy a Hold, five call it Buy and two call it Sell, with an average 1-year target of $83.10. That is a modestly cautious setup versus the $85.67 opening print, and the consensus target sits below the stock's current level.
Last quarter sets the bar
The same report says Best Buy last posted quarterly EPS of $1.28, ahead of the $1.23 consensus by $0.05, on revenue of $8.94 billion versus $8.82 billion expected. Revenue rose 1.9% year over year, while net margin was 2.73% and return on equity reached 48.70%, a combination that explains why analysts are still willing to keep the stock in the middle of the range.
Consensus for the current year stands at $6.56 EPS, while Best Buy's FY 2027 guidance is $6.300 to $6.600 EPS. That puts the latest analyst model and management outlook close enough that the next earnings print on August 27, 2026 should matter for whether the stock can hold above the recent trading band.
What investors watch
MarketBeat also notes a 50-day average of $82.01 and a 200-day average of $70.62, which shows the share price has already recovered well above its longer trend line. The gap to the 52-week high of $91.26 is still open, so the next quarter matters more than the broad consumer-electronics backdrop.
Best Buy's core products
Best Buy still sells computers, phones, televisions, home theater gear, appliances and smart-home devices through stores and e-commerce, with services such as installation and repair layered on top. That mix matters because the earnings math now depends on whether higher-margin services and bigger-ticket categories can offset the pressure in consumer electronics demand.
Stock level to close on
Best Buy stock opened at $85.67 on August 21, 2026, with a market cap of $18.06 billion and a 12-month range of $55.10 to $91.26. The stock is still below its 52-week peak, but it has moved far enough above the 200-day average to leave the earnings release on August 27, 2026 as the next key test.
Fact box
Company: Best Buy Co., Inc.
ISIN: US0865161014
Ticker: BBY
Exchange: NYSE
Price (as of August 21, 2026, market open): $85.67 USD
Market cap: $18.06 billion
Sector / Industry: Consumer Discretionary / Specialty Retail
Index membership: S&P 500
Next earnings date: August 27, 2026
