Best Buy Co., Inc. (NYSE:BBY) is one of the stocks on Jim Cramer’s game plan for the week. Cramer discussed the effect of tariffs on the company, as he remarked: “We have a slew of important earnings on Tuesday from a host of industries. In the morning, for example, we get results from Kohl’s, Best Buy, and DICK’S Sporting Goods. What am I hearing?… Best Buy will be okay. Probably hurt by higher interest rates and tariffs, although that should be offset by a PC refresh cycle.” A person with stock marke ...

As Best Buy Co. Inc. (NYSE:BBY) prepares to report third-quarter fiscal 2026 earnings on Nov. 25, the retailer faces a critical test that goes beyond simple sales figures: can a high-margin, “hidden” advertising business counterbalance the profitability pressure of selling lower-margin hardware?Check out BBY’s stock price here. Building On A Breakout QuarterWhile management and analysts largely expect the company to maintain the positive sales momentum established in the second quarter—its best performance ...

US stocks surged on Monday, heading toward a rebound to start the shortened Thanksgiving trading week as US policymakers buoyed hopes for an interest-rate cut in December. The tech-heavy Nasdaq Composite (^IXIC) was up roughly 2%, and the S&P 500 (^GSPC) advanced more than 1.2%, as Wall Street stocks started to extend Friday's bounce. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, put on 0.6%. Stocks are aiming for further recovery from the pullback that has cooled this year’ ...

Market Overview - US stock futures rose as investors anticipate a market turnaround in the Thanksgiving trading week, following a recent pullback in AI-driven stocks [1] - Major indexes have experienced notable losses in November, with the S&P 500 down 3.5% month-to-date and the Nasdaq Composite down 6.1% [2][3] Economic Indicators - The Federal Reserve Bank of New York president suggested a potential rate cut in December, contributing to Friday's market rebound [2] - Upcoming economic data releases include producer prices and retail sales for September, which are expected to provide insights into the economic landscape [4] Earnings Reports - The earnings season continues with key releases from companies such as Alibaba Holdings, Dell Technologies, and retailers like Kohl's and Best Buy during the holiday-shortened week [5]

CNBC's Jim Cramer on Friday walked investors through next week on Wall Street which, although short, is chock full of earnings. He highlighted reports from retailers including Burlington Stores, Best Buy and Kohl's, as well as tech giant Dell."Every data point, every bit of research and earnings will be scrutinized starting Monday, just like a regular week, even as we'll be eating turkey and then relaxing, with everyone watching the Philadelphia Eagles play the Bears at home on Amazon," he said.Zoom is set ...

Wall Street analysts expect Best Buy (BBY) to post quarterly earnings of $1.31 per share in its upcoming report, which indicates a year-over-year increase of 4%. Revenues are expected to be $9.58 billion, up 1.4% from the year-ago quarter.The current level reflects an upward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's ea ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Best Buy (BBY) reports results for the quarter ended October 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 25, might help the stock move higher if these key numbers are better than expectatio ...

Core Insights - Best Buy Co., Inc. has significantly underperformed the broader market, with a 13% decline over the past year compared to a 14.1% increase in the S&P 500 Index [2] - The company's stock has also lagged behind the SPDR S&P Retail ETF, which gained about 1% over the same period [3] - Factors contributing to this underperformance include increased online competition and a normalization of gadget spending post-pandemic [4] Financial Performance - For Q2, Best Buy reported an adjusted EPS of $1.28, exceeding Wall Street expectations of $1.22, and revenue of $9.4 billion, surpassing forecasts of $9.2 billion [4] - The company anticipates full-year adjusted EPS between $6.15 and $6.30, with revenue expected to range from $41.1 billion to $41.9 billion [4] - Analysts predict a 1.9% decline in EPS for the current fiscal year, estimating it at $6.25 on a diluted basis [5] Analyst Ratings and Price Targets - Among 24 analysts covering Best Buy, the consensus rating is a "Moderate Buy," with eight "Strong Buy" ratings, 15 "Holds," and one "Moderate Sell" [5] - Truist Financial Corporation has maintained a "Hold" rating and raised the price target to $79, indicating a potential upside of 1.7% from current levels [6] - The mean price target of $80.79 suggests a 4% premium, while the highest target of $95 indicates a potential upside of 22.3% [6]

Core Insights - Best Buy Co., Inc. has a market capitalization of $17.5 billion and operates over 1,000 stores across the U.S., Canada, and Mexico, offering a variety of consumer electronics and services [1] - The company is expected to announce its fiscal Q3 2026 earnings soon, with analysts predicting an adjusted EPS of $1.30, reflecting a 3.2% increase from the previous year [1] - For fiscal 2026, an adjusted EPS of $6.24 is anticipated, representing a 2% decline from $6.37 in fiscal 2025, but expected to grow to $6.74 in fiscal 2027 [2] Stock Performance - Best Buy shares have decreased by 10.6% over the past 52 weeks, underperforming the S&P 500 Index, which gained 18.4%, and the Consumer Discretionary Select Sector SPDR Fund, which returned 20.1% [3] - On October 13, Best Buy shares surged by 8.8% due to easing U.S.–China trade tensions, which positively impacted investor sentiment and benefited retailers reliant on Chinese imports [4] Analyst Ratings - The consensus view on Best Buy stock is cautiously optimistic, with a "Moderate Buy" rating; among 24 analysts, 8 recommend "Strong Buy," 15 suggest "Hold," and 1 advises "Moderate Sell" [5] - The stock currently trades above its mean price target of $80.16, with the highest target of $95 indicating a potential premium of 14.6% from current market prices [5]

Group 1 - Best Buy (BBY) stock is currently near a buy zone as tensions with China show signs of easing [1] - The retail giant has made efforts to reduce reliance on Chinese imports but remains sensitive to tariff policy changes [1] - If the Trump administration acts quickly on tariffs, Best Buy could benefit significantly [1] Group 2 - Meta Platforms has launched its third generation of smart glasses, with Apple and Google also preparing to enter the market [2] - Retailers are experiencing uncertainty due to Amazon and other retail earnings, with concerns about tariffs affecting summer spending [4] - Best Buy delivered a mixed Q1 report and cut its outlook due to the impact of Trump tariffs [4]