Best Buy (BBY) to Release Earnings on Tuesday

Best Buy (NYSE:BBY) is anticipated to post its Q4 2026 results before the market opens on Tuesday, March 3rd. Analysts expect Best Buy to post earnings of $2.50 per share and revenue of $13.9569 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q4 2026 earning report page for the latest details on the call scheduled for Tuesday, March 3, 2026 at 8:00 AM ET.

Best Buy (NYSE:BBY) last released its earnings results on Tuesday, November 25th. The technology retailer reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.09. The company had revenue of $9.67 billion for the quarter, compared to analysts’ expectations of $9.57 billion. Best Buy had a return on equity of 50.02% and a net margin of 1.54%.The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 EPS. On average, analysts expect Best Buy to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Best Buy Stock Down 2.8%

BBY opened at $62.66 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.05 and a quick ratio of 0.26. Best Buy has a 12 month low of $54.99 and a 12 month high of $91.20. The stock has a market capitalization of $13.13 billion, a P/E ratio of 20.75, a P/E/G ratio of 1.54 and a beta of 1.44. The business has a 50 day simple moving average of $67.85 and a 200-day simple moving average of $73.23.

Institutional Investors Weigh In On Best Buy

A number of large investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its holdings in shares of Best Buy by 30.9% in the fourth quarter. AQR Capital Management LLC now owns 9,158,839 shares of the technology retailer’s stock worth $613,001,000 after acquiring an additional 2,160,968 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Best Buy by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,452,642 shares of the technology retailer’s stock worth $498,805,000 after purchasing an additional 160,713 shares in the last quarter. Invesco Ltd. raised its stake in Best Buy by 6.1% in the 4th quarter. Invesco Ltd. now owns 4,732,080 shares of the technology retailer’s stock valued at $316,718,000 after purchasing an additional 271,988 shares during the last quarter. Morgan Stanley lifted its holdings in Best Buy by 19.1% in the 4th quarter. Morgan Stanley now owns 3,778,294 shares of the technology retailer’s stock valued at $252,881,000 after purchasing an additional 605,911 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Best Buy by 26.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,133,646 shares of the technology retailer’s stock worth $209,735,000 after purchasing an additional 664,522 shares during the last quarter. Institutional investors and hedge funds own 80.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Loop Capital raised their target price on Best Buy from $80.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Piper Sandler reduced their price objective on shares of Best Buy from $76.00 to $71.00 and set a “neutral” rating for the company in a research note on Monday. Jefferies Financial Group dropped their target price on shares of Best Buy from $94.00 to $89.00 and set a “buy” rating for the company in a report on Monday, February 9th. Wells Fargo & Company decreased their price target on Best Buy from $75.00 to $70.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 18th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $75.00 price objective on shares of Best Buy in a research note on Thursday, November 20th. Seven research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $80.05.

About Best Buy

Best Buy Co, Inc is a leading North American consumer electronics retailer that sells a broad range of products including computers, mobile phones, televisions and home theater systems, major appliances, smart-home devices, gaming hardware and software, wearables and related accessories. The company operates through a mix of large-format stores, smaller specialty locations and an e-commerce platform, offering national and private-brand merchandise from major consumer-technology manufacturers as well as third-party sellers.

Beyond product retailing, Best Buy provides a suite of services aimed at installation, repair and ongoing technical support.