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Best Buy Co. Inc.'s published Reduce conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $18.2B | |
|---|---|---|
| P/E (forward) | 13.6x |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2022-01-29 | 2023-01-28 | 2024-02-03 | 2025-02-01 | 2026-01-31 | Trend |
| Revenue | $51.76B | $46.30B | $43.45B | $41.53B | $41.69B | -5.3% |
| Gross profit | $11.64B | $9.91B | $9.60B | $9.39B | $9.37B | -5.3% |
| Operating income | $3.04B | $1.80B | $1.57B | $1.26B | $1.39B | -17.8% |
| Net income | $2.45B | $1.42B | $1.24B | $927.0M | $1.07B | -18.8% |
| EPS (diluted) | $9.84 | $6.29 | $5.68 | $4.28 | $5.04 | -15.4% |
| EBITDA | $3.92B | $2.74B | $2.60B | $2.21B | $2.28B | -12.6% |
| R&D | — | — | — | — | — | — |
| SG&A | $8.64B | $7.97B | $7.88B | $7.65B | $7.62B | -3.1% |
Recent company headlines from major financial publishers.
Under the modal base case, Best Buy achieves management's guidance envelope for FY2027, with revenue between $42.3B and $42.8B and adjusted diluted EPS of $6.70-$6.90. Operating margin normalizes to 4.45% in FY2027 and 4.50% in subsequent years, as 30-40 bps of gross margin gains are partially offset by 20 bps of SG&A inflation. Intrinsic fair value resolves to $78.18.
Under the bull case, an accelerated AI PC hardware replacement cycle drives sustained mid-teens ASP gains alongside stabilizing unit volumes. Concurrently, Best Buy Ads expands beyond 10% annual growth and third-party marketplace GMV exceeds guided $1.3B targets, propelling operating margin toward 4.8% and driving intrinsic fair value to $92.76.
| Ke ↓ / g → | 1.5% | 1.8% | 2.0% | 2.3% | 2.5% |
|---|---|---|---|---|---|
| 9.1% | $81.5 | $82.2 | $83.1 | $84.0 | $84.9 |
| 9.6% | $79.1 | $79.8 | $80.5 | $81.2 | $82.0 |
| 10.1% | $77.0 | $77.6 | $78.2 | $78.8 | $79.5 |
| 10.6% | $75.2 | $75.6 | $76.1 | $76.7 | $77.3 |
| 11.1% | $73.4 | $73.8 | $74.3 | $74.8 | $75.3 |
Upcoming earnings date and setup when available.
每月发布的研究版本所给出的评级。评级比较分析日的价格与公允价值,并不记录判断是否正确。
| 年份 | 1月 | 2月 | 3月 | 4月 | 5月 | 6月 | 7月 | 8月 | 9月 | 10月 | 11月 | 12月 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |