Best Buy Co Inc Stock Forecast for 2023 - 2025 - 2030

Updated on 02/01/2023

Stock Rating
13
Price Target
$83.00
Consensus
Neutral
Downside
-6.45%
Analysts
23
Stock Rating
13
Downside
-6.45%
Analysts
23
Price Target
$83.00

Best Buy Co Inc Stock Forecast and Price Target

Best Buy Co Inc's stock is projected to advance by -6.45% from the previous closing price if it reaches the average target of $83.00 by the year's end, as Twenty three reputable analysts recently projected. This potential downside is calculated on a high-end estimate of $110.00 and a low-end estimate of $69.00. If you're looking to buy Best Buy Co Inc stock, you may also want to check out its rivals.

$83.00

-6.45% Downside

Hold
Hold

Best Buy Co Inc Fair Value Forecast for 2023 - 2025 - 2030

In the last three years, Best Buy Co Inc's Price has grown by 88.16%, rising from $63.52 to $119.52. For next year, analysts predict Fair Value of $125.49, which would mean an increase of 5.00%. Over the next seven years, experts predict that Best Buy Co Inc's Fair Value will grow at a rate of 56.44%.

2024 Fair Value Forecast
$125.49
2025 Fair Value Forecast
$151.16
2026 Fair Value Forecast
$193.31
2027 Fair Value Forecast
$223.52
2028 Fair Value Forecast
$175.28
2029 Fair Value Forecast
$179.34
2030 Fair Value Forecast
$186.98

Best Buy Co Inc Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Best Buy Co Inc's Revenue has grown by 22.80%, rising from $42.15B to $51.76B. For next year, analysts predict Revenue of $51.98B, which would mean an increase of 0.43%. Over the next seven years, experts predict that Best Buy Co Inc's Revenue will grow at a rate of 1.03%.

2024 Rev Forecast
$51.98B
2025 Rev Forecast
$53.86B
2026 Rev Forecast
$56.66B
2027 Rev Forecast
$57.64B
2028 Rev Forecast
$51.79B
2029 Rev Forecast
$51.55B
2030 Rev Forecast
$52.30B

Best Buy Co Inc Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, Best Buy Co Inc's Dividend per Share has grown, rising from $1.47 to $2.98 – a growth of 102.72%. In the next year, analysts believe that Dividend per Share will reach $3.60 – an increase of 20.81%. For the next seven years, the forecast is for Dividend per Share to grow by 123.83%.

2024 DPS Forecast
$3.60
2025 DPS Forecast
$3.91
2026 DPS Forecast
$5.52
2027 DPS Forecast
$5.82
2028 DPS Forecast
$6.12
2029 DPS Forecast
$6.52
2030 DPS Forecast
$6.67

Best Buy Co Inc Free Cash Flow Forecast for 2023 - 2025 - 2030

Best Buy Co Inc's Free Cash Flow has seen impressive growth In the last three years, rising from $1.45B to $2.52B – a growth of 73.09%. In the next year, 7 analysts estimate that Best Buy Co Inc's Free Cash Flow will decrease by 8.65%, reaching $2.30B. For the next seven years, the forecast is for Free Cash Flow to grow by 9.58%.

2024 FCF Forecast
$2.30B
2025 FCF Forecast
$2.60B
2026 FCF Forecast
$2.31B
2027 FCF Forecast
$2.77B
2028 FCF Forecast
$2.83B
2029 FCF Forecast
$2.69B
2030 FCF Forecast
$2.76B

Best Buy Co Inc Net Income Forecast for 2023 - 2025 - 2030

Best Buy Co Inc's Net Income has grown In the last three years, rising from $1000.00M to $2.45B – a growth of 145.40%. According to 20 major analysts, Best Buy Co Inc's Net Income will fall by 6.75% in the next year, reaching $2.29B. For the next seven years, experts predict that Best Buy Co Inc's Net Income will grow at a rate of 13.45%.

2024 NI Forecast
$2.29B
2025 NI Forecast
$2.58B
2026 NI Forecast
$2.85B
2027 NI Forecast
$2.92B
2028 NI Forecast
$2.30B
2029 NI Forecast
$2.77B
2030 NI Forecast
$2.78B

Best Buy Co Inc EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Best Buy Co Inc's EBITDA has grown by 52.96%, rising from $2.54B to $3.88B. For the next year, analysts predict that EBITDA will reach $3.95B – an increase of 1.84%. Over the next seven years, experts believe that Best Buy Co Inc's EBITDA will grow at a rate of 21.71%.

2024 EBITDA Forecast
$3.95B
2025 EBITDA Forecast
$4.47B
2026 EBITDA Forecast
$4.80B
2027 EBITDA Forecast
$4.91B
2028 EBITDA Forecast
$4.58B
2029 EBITDA Forecast
$4.63B
2030 EBITDA Forecast
$4.72B

Best Buy Co Inc EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Best Buy Co Inc's EBIT has grown, moving from $1.85B to $3.01B – an increase of 62.44%. In the next year, analysts predict that EBIT will jump to $3.02B – up 0.30% from the current level. Looking ahead to seven years, experts forecast that EBIT will grow by 2.29%.

2024 EBIT Forecast
$3.02B
2025 EBIT Forecast
$3.40B
2026 EBIT Forecast
$3.79B
2027 EBIT Forecast
$3.88B
2028 EBIT Forecast
$3.74B
2029 EBIT Forecast
$3.03B
2030 EBIT Forecast
$3.08B

Best Buy Co Inc EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last three years, Best Buy Co Inc's EPS has grown by 88.16%, rising from $5.32 to $10.01. For next year, analysts predict EPS of $10.51, which would mean an increase of 5.00%. Over the next seven years, experts predict that Best Buy Co Inc's EPS will grow at a rate of 56.44%.

2024 EPS Forecast
$10.51
2025 EPS Forecast
$12.66
2026 EPS Forecast
$16.19
2027 EPS Forecast
$18.72
2028 EPS Forecast
$14.68
2029 EPS Forecast
$15.02
2030 EPS Forecast
$15.66