DA Davidson Reduces Best Buy (BBY) Price Target Following Earnings Review [Yahoo! Finance]
Best Buy Co., Inc. (BBY)
Last best buy co., inc. earnings: 2/27 07:00 am
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investors.bestbuy.com/investor-relations/overview/default.aspx
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Source: Yahoo! Finance
DA Davidson Reduces Best Buy (BBY) Price Target Following Earnings Review On March 4, Michael Baker of DA Davidson lowered the firm's price recommendation on Best Buy Co., Inc. (NYSE:BBY) to $78 from $85. The analyst maintained a Buy rating on the shares. Baker said the firm reduced its fiscal 2026 and fiscal 2027 EPS estimates after reviewing the company's fourth-quarter results and its guidance for 2026. During the fiscal fourth-quarter 2026 earnings call, CEO Corie Barry said Best Buy generated revenue of $13.8 billion. The company reported an adjusted operating income rate of 5% and adjusted earnings per share of $2.61. She noted that both profit measures came in slightly higher than the previous year. Barry said comparable sales declined 0.8% from a year earlier. She added that the result still fell within the company's guidance range. According to Barry, internal data suggested Best Buy's market share was at least stable. In her view, the numbers pointed more toward softe
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BBY
News
- Best Buy to Present at the UBS Global Consumer and Retail Conference on March 12Business Wire
- Best Buy (BBY) was given a new $78.00 price target by DA Davidson.MarketBeat
- Best Buy (BBY) had its price target lowered by Daiwa Securities Group Inc. from $80.00 to $68.00. They now have a "neutral" rating on the stock.MarketBeat
- Best Buy's Leaner Cost Structure Drives Post-Earnings Rally [Yahoo! Finance]Yahoo! Finance
- Best Buy's Profits Are Growing. Is the Beaten-Down Retailer a Buy in 2026? [Yahoo! Finance]Yahoo! Finance
BBY
Earnings
- 3/3/26 - Beat
BBY
Sec Filings
- 3/3/26 - Form 8-K
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- BBY's page on the SEC website