Best Buy (BBY) News Today → Are You Positioned For The New Energy Goldrush? (From Wealthpin Pro) (Ad) Free BBY Stock Alerts $84.82 +3.27 (+4.01%) (As of 05/31/2024 ET) Add Compare Share Share HeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative June 1 at 10:34 AM | americanbankingnews.comBest Buy (NYSE:BBY) Posts Quarterly Earnings Results, Beats Estimates By $0.12 EPSJune 1 at 8:34 AM | americanbankingnews.comBest Buy (NYSE:BBY) Price Target Cut to $86.00 by Analysts at Truist FinancialJune 1 at 7:26 AM | americanbankingnews.comBest Buy (NYSE:BBY) Price Target Increased to $95.00 by Analysts at DA DavidsonJune 1 at 7:07 AM | marketbeat.comBest Buy Q1 Earnings TranscriptJune 1 at 5:10 AM | marketbeat.comWells Fargo & Company MN Raises Stock Holdings in Best Buy Co., Inc. (NYSE:BBY)Wells Fargo & Company MN lifted its stake in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 52.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 212,594 shares of the technology retailer's stock after acquiring an additional 73,579 shares during thJune 1 at 3:44 AM | americanbankingnews.comBest Buy (NYSE:BBY) Rating Reiterated by Telsey Advisory GroupJune 1 at 1:21 AM | americanbankingnews.comBest Buy (NYSE:BBY) Shares Gap Up Following Earnings BeatMay 31 at 1:24 PM | marketbeat.comBest Buy (NYSE:BBY) Given New $95.00 Price Target at DA DavidsonDA Davidson lifted their target price on Best Buy from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Friday.May 31 at 12:17 PM | seekingalpha.comBest Buy: Close To The Beginning Of The New CycleMay 31 at 11:03 AM | marketbeat.comTruist Financial Cuts Best Buy (NYSE:BBY) Price Target to $86.00Truist Financial decreased their target price on Best Buy from $87.00 to $86.00 and set a "hold" rating for the company in a research report on Friday.May 31 at 8:20 AM | americanbankingnews.comBest Buy Co., Inc. Announces Quarterly Dividend of $0.94 (NYSE:BBY)May 31 at 8:00 AM | businesswire.comBest Buy Announces Regular Quarterly Cash DividendMay 30 at 7:33 PM | cnbc.comBest Buy CEO explains how the company is preparing to sell new AI-enabled computersMay 30 at 5:16 PM | marketbeat.comTelsey Advisory Group Reaffirms "Outperform" Rating for Best Buy (NYSE:BBY)Telsey Advisory Group reiterated an "outperform" rating and set a $95.00 price target on shares of Best Buy in a research report on Thursday.May 30 at 4:08 PM | gurufocus.comWhy Investors Are Eyeing Best Buy Co Inc (BBY): The Key Drivers of Market Outperformance and ...May 30 at 4:06 PM | pymnts.comBest Buy: Shoppers Are Shifting Their Spending Toward Seasonal SalesMay 30 at 1:22 PM | investorplace.comBBY Stock Earnings: Best Buy Co Beats EPS, Misses Revenue for Q1 2025May 30 at 11:36 AM | investopedia.comBest Buy Beats Profit Estimates on Services, Membership, and Laptop DemandMay 30 at 10:35 AM | marketbeat.comBest Buy Co., Inc. (NYSE:BBY) to Issue Quarterly Dividend of $0.94Best Buy Co., Inc. (NYSE:BBY) announced a quarterly dividend on Thursday, May 30th. Investors of record on Thursday, June 20th will be paid a dividend of 0.94 per share by the technology retailer on Thursday, July 11th. This represents a $3.76 dividend on an annualized basis and a yield of 4.80%.May 30 at 9:39 AM | marketbeat.comStifel Financial Corp Buys 48,928 Shares of Best Buy Co., Inc. (NYSE:BBY)Stifel Financial Corp lifted its stake in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 947,621 shares of the technology retailer's stock after acquiMay 30 at 9:21 AM | marketbeat.comBest Buy (NYSE:BBY) Issues FY25 Earnings GuidanceBest Buy (NYSE:BBY) updated its FY25 earnings guidance. The company provided EPS guidance of $5.75-$6.20 for the period, compared to the consensus estimate of $6.04. The company also issued revenue guidance of $41.3-$42.6 billionillion, compared to the consensus estimate of $41.94 billionillion.May 30 at 8:29 AM | marketbeat.comBest Buy (NYSE:BBY) Announces Quarterly Earnings ResultsBest Buy (NYSE:BBY - Get Free Report) announced its quarterly earnings results on Thursday. The technology retailer reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.12. Best Buy had a return on equity of 48.45% and a net margin of 2.86%. The company had revenue of $8.85 billion during the quarter, compared to analyst estimates of $8.96 billion. During the same period in the prior year, the company earned $1.15 earnings per share. The firm's revenue was down 6.5% on a year-over-year basis.May 30 at 7:54 AM | marketbeat.comBest Buy reports drop in Q1 sales as chain wrestles with cautious gadget spendingBest Buy reported another quarterly drop in sales as the nation’s largest consumer electronics chain wrestles with cautious spending by Americans as they prioritize essential purchases and pay more for things like rentMay 30 at 7:17 AM | cnbc.comBest Buy posts another quarter of sluggish consumer electronics demandMay 30 at 7:00 AM | businesswire.comBest Buy Reports First Quarter ResultsMay 29, 2024 | benzinga.comA Closer Look at Best Buy Co's Options Market DynamicsMay 29, 2024 | marketbeat.comAllianz Asset Management GmbH Boosts Stake in Best Buy Co., Inc. (NYSE:BBY)Allianz Asset Management GmbH boosted its stake in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 10.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 982,055 shares of the technology retailer's stock after buying an addMay 29, 2024 | forbes.comDown 7% This Year, Will Best Buy Stock Recover Following Q1 Results?May 29, 2024 | ca.finance.yahoo.comBest Buy set for tenth straight quarter of sales drop on weak electronics spendingMay 29, 2024 | finance.yahoo.comEarnings To Watch: Best Buy (BBY) Reports Q1 Results TomorrowMay 29, 2024 | msn.comBodycam shows pair accused in string of Best Buy thefts getting arrested in Indian River CountyMay 28, 2024 | msn.comBest Buy and Geek Squad were the most impersonated companies in tech scams last yearMay 28, 2024 | finance.yahoo.comStocks eye PCE, rate cut forecast, retail earnings: 3 ThingsMay 28, 2024 | americanbankingnews.comWedbush Reaffirms "Neutral" Rating for Best Buy (NYSE:BBY)May 28, 2024 | marketbeat.comFranklin Resources Inc. Acquires 26,737 Shares of Best Buy Co., Inc. (NYSE:BBY)Franklin Resources Inc. increased its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 9.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 310,289 shares of the technology retailer's stock after purchaMay 26, 2024 | marketbeat.comUS Bancorp DE Cuts Stock Holdings in Best Buy Co., Inc. (NYSE:BBY)US Bancorp DE lowered its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 300,478 shares of the technology retailer's stock after selling 32,757May 25, 2024 | marketbeat.comBest Buy Co., Inc. (NYSE:BBY) Position Boosted by Intech Investment Management LLCIntech Investment Management LLC lifted its stake in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 20.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 141,634 shares of the technology retailer's stock after purchasing an additional 24,3May 25, 2024 | americanbankingnews.comTelsey Advisory Group Comments on Best Buy Co., Inc.'s Q1 2026 Earnings (NYSE:BBY)May 24, 2024 | marketbeat.comOntario Teachers Pension Plan Board Sells 24,284 Shares of Best Buy Co., Inc. (NYSE:BBY)Ontario Teachers Pension Plan Board lowered its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 46.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,259 shares of the technology retailer's stock after sellingMay 24, 2024 | marketbeat.comBest Buy Co., Inc. Expected to Post Q1 2026 Earnings of $1.20 Per Share (NYSE:BBY)Best Buy Co., Inc. (NYSE:BBY - Free Report) - Investment analysts at Telsey Advisory Group issued their Q1 2026 earnings per share (EPS) estimates for Best Buy in a research note issued to investors on Thursday, May 23rd. Telsey Advisory Group analyst J. Feldman forecasts that the technology retaMay 24, 2024 | americanbankingnews.comBest Buy (NYSE:BBY) Downgraded by Telsey Advisory GroupMay 23, 2024 | markets.businessinsider.com14 Analysts Have This To Say About Best Buy CoMay 23, 2024 | marketbeat.comTelsey Advisory Group Lowers Best Buy (NYSE:BBY) to Market PerformTelsey Advisory Group lowered shares of Best Buy from an "outperform" rating to a "market perform" rating and set a $95.00 price objective for the company. in a research note on Thursday.May 23, 2024 | marketbeat.comNorges Bank Acquires Shares of 2,109,913 Best Buy Co., Inc. (NYSE:BBY)Norges Bank bought a new position in Best Buy Co., Inc. (NYSE:BBY - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,109,913 shares of the technology retailer's stock, valued at approximately $165,164,000. Norges BankMay 23, 2024 | americanbankingnews.comBest Buy (BBY) Scheduled to Post Earnings on ThursdayMay 22, 2024 | 247wallst.comDon't Forget These 5 Passive Income Dividend Stocks With Yields as High as 8.4%May 22, 2024 | seekingalpha.comBest Buy: Poised For Growth Amid E-Commerce ThreatMay 22, 2024 | marketbeat.comBI Asset Management Fondsmaeglerselskab A S Has $1.42 Million Stock Holdings in Best Buy Co., Inc. (NYSE:BBY)BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 275.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 18,153 shares of the technology retailer's stock after acquiring an adMay 21, 2024 | marketbeat.comAssenagon Asset Management S.A. Reduces Stock Holdings in Best Buy Co., Inc. (NYSE:BBY)Assenagon Asset Management S.A. decreased its stake in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 90.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,954 shares of the technology retailer's stock after selling 122,892 shares duringMay 20, 2024 | marketbeat.comAmalgamated Bank Grows Stock Holdings in Best Buy Co., Inc. (NYSE:BBY)Amalgamated Bank raised its stake in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 29.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,143 shares of the technology retailer's stock after acquirin Get Best Buy News Delivered to You Automatically Sign up to receive the latest news and ratings for BBY and its competitors with MarketBeat's FREE daily newsletter. Email Address Claim Your Complimentary Bitcoin Reward (Ad)Many have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached. Secure Your Spot Now BBY Media Mentions By Week BBY Media SentimentLearn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. BBY News Sentiment▼0.980.60▲Average Retail/Wholesale News Sentiment BBY News CoverageLearn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. BBY Articles This Week▼4612▲BBY Articles Average Week Get Best Buy News Delivered to You Automatically Sign up to receive the latest news and ratings for BBY and its competitors with MarketBeat's FREE daily newsletter. 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