DA Davidson Comments on Best Buy’s Q4 Earnings (NYSE:BBY)

Best Buy Co., Inc. (NYSE:BBY) – DA Davidson upped their Q4 2025 earnings estimates for Best Buy in a research note issued to investors on Monday, January 13th. DA Davidson analyst M. Baker now anticipates that the technology retailer will earn $2.45 per share for the quarter, up from their previous forecast of $2.43. DA Davidson has a “Buy” rating and a $117.00 price target on the stock. The consensus estimate for Best Buy’s current full-year earnings is $6.18 per share.

Several other equities research analysts also recently commented on BBY. StockNews.com downgraded shares of Best Buy from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. JPMorgan Chase & Co. raised their price objective on Best Buy from $111.00 to $117.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Guggenheim decreased their target price on Best Buy from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, November 29th. Telsey Advisory Group dropped their price target on Best Buy from $115.00 to $110.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 26th. Finally, UBS Group decreased their price objective on Best Buy from $123.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.72.

Best Buy Stock Performance

Shares of BBY stock opened at $84.33 on Tuesday. The stock has a market cap of $18.03 billion, a PE ratio of 14.42, a price-to-earnings-growth ratio of 2.19 and a beta of 1.43. The stock has a 50-day moving average of $87.80 and a 200-day moving average of $90.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 0.22. Best Buy has a one year low of $69.29 and a one year high of $103.71.

Best Buy (NYSE:BBY) last announced its quarterly earnings data on Tuesday, November 26th. The technology retailer reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.04). Best Buy had a return on equity of 45.93% and a net margin of 3.01%. The company had revenue of $9.45 billion for the quarter, compared to analyst estimates of $9.63 billion. During the same period last year, the firm earned $1.29 earnings per share. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis.

Hedge Funds Weigh In On Best Buy

A number of institutional investors have recently bought and sold shares of BBY. Richardson Financial Services Inc. lifted its position in shares of Best Buy by 190.9% in the second quarter. Richardson Financial Services Inc. now owns 320 shares of the technology retailer’s stock valued at $27,000 after buying an additional 210 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new stake in Best Buy during the 3rd quarter valued at $40,000. LRI Investments LLC boosted its position in Best Buy by 632.1% during the third quarter. LRI Investments LLC now owns 388 shares of the technology retailer’s stock worth $40,000 after purchasing an additional 335 shares during the period. Benjamin Edwards Inc. increased its holdings in shares of Best Buy by 50.8% in the second quarter. Benjamin Edwards Inc. now owns 493 shares of the technology retailer’s stock valued at $42,000 after purchasing an additional 166 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Best Buy in the third quarter valued at about $44,000. Institutional investors and hedge funds own 80.96% of the company’s stock.

Insider Buying and Selling at Best Buy

In other news, CFO Matthew M. Bilunas sold 69,166 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $87.46, for a total transaction of $6,049,258.36. Following the transaction, the chief financial officer now directly owns 92,070 shares in the company, valued at $8,052,442.20. The trade was a 42.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.59% of the company’s stock.

Best Buy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Tuesday, December 17th were given a dividend of $0.94 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $3.76 annualized dividend and a yield of 4.46%. Best Buy’s dividend payout ratio (DPR) is presently 64.27%.

About Best Buy

Best Buy Co, Inc engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions.