Best Buy (BBY) – Investment Analysts’ Weekly Ratings Changes

Best Buy (NYSE: BBY) recently received a number of ratings updates from brokerages and research firms:

• 6/11/2026 – Best Buy was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 6/2/2026 – Best Buy had its price target raised by Daiwa Securities Group Inc. from $68.00 to $77.00. They now have a “neutral” rating on the stock.
• 5/29/2026 – Best Buy was given a new $90.00 price target by Telsey Advisory Group. They now have an “outperform” rating on the stock.
• 5/29/2026 – Best Buy had its “neutral” rating reaffirmed by UBS Group AG. They now have a $86.00 price target on the stock, up from $85.00.
• 5/29/2026 – Best Buy was downgraded by UBS Group AG from “buy” to “hold”. They now have a $86.00 price target on the stock.
• 5/29/2026 – Best Buy had its “buy” rating reaffirmed by DA Davidson. They now have a $78.00 price target on the stock.
• 5/29/2026 – Best Buy had its “buy” rating reaffirmed by Guggenheim. They now have a $90.00 price target on the stock.
• 5/29/2026 – Best Buy had its price target raised by The Goldman Sachs Group, Inc. from $59.00 to $62.00. They now have a “sell” rating on the stock.
• 5/29/2026 – Best Buy had its price target raised by Loop Capital from $75.00 to $85.00. They now have a “buy” rating on the stock.
• 5/29/2026 – Best Buy had its price target raised by JPMorgan Chase & Co. from $76.00 to $84.00. They now have a “neutral” rating on the stock.
• 5/29/2026 – Best Buy had its price target raised by Citigroup Inc. from $60.00 to $79.00. They now have a “neutral” rating on the stock.
• 5/29/2026 – Best Buy had its price target raised by Evercore Inc from $65.00 to $85.00.
• 5/29/2026 – Best Buy had its price target raised by Wedbush from $70.00 to $75.00. They now have a “neutral” rating on the stock.
• 5/29/2026 – Best Buy had its price target raised by Truist Financial Corporation from $66.00 to $81.00. They now have a “hold” rating on the stock.
• 5/29/2026 – Best Buy had its price target raised by BNP Paribas Exane from $74.00 to $76.00. They now have a “neutral” rating on the stock.
• 5/29/2026 – Best Buy had its price target raised by Morgan Stanley from $72.00 to $80.00. They now have an “equal weight” rating on the stock.
• 5/28/2026 – Best Buy had its “neutral” rating reaffirmed by Piper Sandler. They now have a $77.00 price target on the stock.
• 5/28/2026 – Best Buy had its price target raised by Wells Fargo & Company from $60.00 to $65.00. They now have an “equal weight” rating on the stock.
• 5/28/2026 – Best Buy had its price target raised by Jefferies Financial Group Inc. from $83.00 to $89.00. They now have a “buy” rating on the stock.
• 5/26/2026 – Best Buy had its “buy” rating reaffirmed by UBS Group AG. They now have a $85.00 price target on the stock.
• 5/14/2026 – Best Buy had its price target lowered by Wells Fargo & Company from $70.00 to $60.00. They now have an “equal weight” rating on the stock.
• 5/12/2026 – Best Buy had its price target lowered by Citigroup Inc. from $69.00 to $60.00. They now have a “neutral” rating on the stock.
• 5/7/2026 – Best Buy was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 4/28/2026 – Best Buy had its price target raised by Wedbush from $7.00 to $8.00. They now have an “outperform” rating on the stock.

Best Buy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be given a $0.96 dividend. This represents a $3.84 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Thursday, June 18th. Best Buy’s payout ratio is currently 71.11%.

Insider Transactions at Best Buy

In other news, EVP Jason J. Bonfig sold 6,336 shares of Best Buy stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $64.02, for a total value of $405,630.72. Following the completion of the transaction, the executive vice president owned 79,137 shares of the company’s stock, valued at $5,066,350.74. The trade was a 7.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Matthew M. Bilunas sold 11,356 shares of Best Buy stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $64.02, for a total value of $727,011.12. Following the completion of the transaction, the chief financial officer directly owned 76,884 shares of the company’s stock, valued at approximately $4,922,113.68. This represents a 12.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 579,381 shares of company stock worth $43,163,654 over the last quarter. Corporate insiders own 0.50% of the company’s stock.

Best Buy Co, Inc is a leading North American consumer electronics retailer that sells a broad range of products including computers, mobile phones, televisions and home theater systems, major appliances, smart-home devices, gaming hardware and software, wearables and related accessories. The company operates through a mix of large-format stores, smaller specialty locations and an e-commerce platform, offering national and private-brand merchandise from major consumer-technology manufacturers as well as third-party sellers.

Beyond product retailing, Best Buy provides a suite of services aimed at installation, repair and ongoing technical support.