Best Buy (BBY) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended January 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on March 3, might help the stock move higher if these key numbers are better than expectations. ...

格隆汇2月24日｜Piper Sandler将百思买的目标价从76美元下调至71美元，维持"中性"评级。(格隆汇) ...

Stocks to watch as Trump's new tariffs spell more uncertainty | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A trader works on the floor, as a screen displays U.S. President Donald Trump during a press briefing at the White House following the Supreme Court's ruling on tariffs, at the New York Stock... [Purchase Licensing Rights, opens new tab] Read more- Companies[Alcoa Corp]Follow[Alibaba Group Holding Ltd]Follow[Best Buy Co Inc ...

Core Viewpoint - S&P Global shares have experienced a significant decline of 21.6% this year, reflecting investor concerns regarding the potential impact of artificial intelligence on companies perceived to be at risk of disintermediation [1] Group 1 - An insider from S&P Global has recently purchased stock, indicating confidence in the company's future despite current market challenges [1] - The decline in S&P Global's stock is part of a broader trend where investors in companies viewed as vulnerable to AI disruption have seen portfolio declines of up to 20% this year [1]

Strategic Progress - The company is conducting a comprehensive strategic review aimed at exploring options to enhance shareholder value, including potential asset sales, strategic partnerships, and capital structure optimization. This review was mentioned on February 12, 2026, and is ongoing, with its progress potentially impacting the company's long-term direction [1] Performance Strategy - The third-party marketplace platform has been operational for about three months, with over 1,000 sellers onboarded and an 11-fold increase in SKU numbers, which is expected to positively impact gross margins in the fourth quarter. Additionally, revenue from retail media advertising is also contributing to margin improvements [2] - Based on the better-than-expected performance in the third quarter of fiscal year 2026 (with revenue of $9.67 billion and comparable sales growth of 2.7%), the company has raised its full-year guidance, expecting revenue between $41.65 billion and $41.95 billion, and adjusted earnings per share between $6.25 and $6.35. Investors should monitor the fourth quarter performance for alignment with annual targets [2] Industry Policy and Environment - Consumer electronics demand is driven by holiday promotions (such as Black Friday), but there are concerns regarding cost pressures from rising tariffs and semiconductor surcharges, as well as sluggish sales in categories like home appliances [3] Operational Efficiency - The application of AI technology has reduced customer inquiry volume by 17% and optimized delivery efficiency, with future plans to expand into areas such as fraud detection [4]

Financial Performance - In the third quarter of fiscal year 2026, the company reported revenue of $9.67 billion, exceeding market expectations of $9.58 billion, with adjusted earnings per share of $1.40, above the anticipated $1.30. Same-store sales increased by 2.7% year-over-year [2] - The company raised its full-year guidance, expecting revenue in the range of $41.65 billion to $41.95 billion, and adjusted earnings per share between $6.25 and $6.35 [2] Company Strategy - The company plans to reduce five traditional domestic stores in fiscal year 2026 and anticipates further closures in fiscal year 2027 to optimize its cost structure [3] Analyst Insights - Analysts from Wedbush expect the company's earnings per share for the second quarter of fiscal year 2026 to reach $1.27, higher than the general market expectation. However, Bank of America analysts caution about tariff pressures, increased reliance on promotions, and the impact of online sales on profit margins [4] - There is ongoing scrutiny on consumer demand resilience during the holiday season, cost pressures from semiconductor tariffs, and the contribution of new growth areas like retail media to profits [4] Stock Performance - On January 12, 2026, the stock price fell by 4.87% to $67.17, with a trading volume of $357 million. Year-to-date, the stock has increased by 0.36%, but it has declined by 19.33% over the past 52 weeks, indicating mixed market sentiment towards the retail sector [5] Future Outlook - The company is expected to release its fourth quarter and full-year financial report for fiscal year 2026 around March 2026, which will provide insights into its annual target achievements and guidance for fiscal year 2027. The progress of the store optimization plan and the impact of tariff policies will remain long-term observation points [6]

Company Impact - Best Buy (NYSE:BBY) has reduced its 2026 guidance, specifically citing tariff costs as a significant factor. The potential for a refund has been eliminated for the first half of the year, impacting the company's bottom line [3]. - General Motors (NYSE:GM) imports a substantial amount of components from Mexico. The ongoing tariffs, referred to as "Liberation Day" tariffs, will keep input costs elevated through Q2, affecting the company's financial performance [3]. Market Reaction - The odds on Polymarket that President Trump will be forced to refund tariffs have decreased to 28%, down from a high of 39% last week. This indicates a shift in market sentiment regarding the likelihood of a refund [2]. - The Supreme Court's timeline for any ruling on the tariffs is uncertain, with Justice Ketanji Brown Jackson indicating that legal challenges will face complex issues, suggesting that the court is not in a hurry to address the matter [1][2].

Core Viewpoint - The company is undergoing a comprehensive strategic review aimed at enhancing shareholder value, which may include potential asset sales, strategic partnerships, and capital structure optimization [1] Financial Performance - For the third quarter of fiscal year 2026 (ending November 1, 2025), the company reported revenue of $9.67 billion, with comparable sales growth of 2.7%, exceeding market expectations [2] - The company has raised its full-year fiscal 2026 guidance, projecting revenue between $41.65 billion and $41.95 billion, with adjusted earnings per share expected to be between $6.25 and $6.35 [2] Business Development - The company's marketplace platform has completed its omnichannel launch, with over 1,000 sellers onboarded and paid membership numbers increasing to 8 million [3] Stock Performance - On January 9, 2026, the stock had a trading volume of $363 million, with a decline of 1.67% on that day [4]

Core Viewpoint - Best Buy Co., Inc. (BBY) has shown mixed performance in the market, with recent positive quarterly results but a significant decline over the past year compared to broader indices [2][6]. Company Overview - Best Buy is valued at a market cap of $14.8 billion and offers a variety of products including computers, smartphones, televisions, home appliances, and accessories, along with services like installation, repair, and technical support [1]. Market Performance - Over the past 52 weeks, BBY shares have declined by 21%, while the S&P 500 Index has gained 15.6% [2]. - Year-to-date, BBY's stock has seen a marginal increase, contrasting with the S&P 500's rise of 1.7% [2]. Recent Financial Results - On November 25, BBY shares rose by 5.3% following better-than-expected Q3 results, with comparable sales growing by 2.7% and total revenue increasing by 2.4% year-over-year to $9.7 billion, surpassing consensus estimates [6]. - Adjusted EPS for the quarter advanced by 11.1% to $1.40, exceeding analyst expectations of $1.31 [6]. - BBY raised its fiscal 2026 outlook, projecting adjusted EPS guidance between $6.25 and $6.35 [6]. Analyst Expectations - For the current fiscal year ending in January, analysts expect BBY's EPS to decline slightly to $6.31 [7]. - BBY has a promising earnings surprise history, having topped consensus estimates in each of the last four quarters [7]. - Among 24 analysts covering BBY, the consensus rating is a "Moderate Buy," with seven "Strong Buy," 16 "Hold," and one "Moderate Sell" rating [7]. Analyst Ratings Update - The configuration of analyst ratings has become less bullish compared to a month ago, with eight analysts suggesting a "Strong Buy" rating [8]. - Evercore Inc. maintained an "In Line" rating on BBY but lowered its price target to $70, indicating a potential upside of 4.4% from current levels [8].

Group 1 - Morgan Stanley has lowered Best Buy's target price from $99 to $76, indicating a significant reduction in expected stock performance [1] - The rating for Best Buy has been downgraded from "Overweight" to "Neutral," reflecting a more cautious outlook on the company's future prospects [1]