What is DA Davidson’s Estimate for Best Buy Q4 Earnings?

Best Buy Co., Inc. (NYSE:BBY) – Research analysts at DA Davidson lifted their Q4 2025 EPS estimates for shares of Best Buy in a report issued on Monday, January 13th. DA Davidson analyst M. Baker now forecasts that the technology retailer will earn $2.45 per share for the quarter, up from their prior estimate 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 research firms have also commented on BBY. Guggenheim reduced their price target on Best Buy from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, November 29th. Loop Capital reiterated a “buy” rating and set a $100.00 price objective on shares of Best Buy in a research note on Wednesday, December 18th. UBS Group decreased their target price on shares of Best Buy from $123.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, November 27th. Wells Fargo & Company dropped their price target on shares of Best Buy from $95.00 to $89.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Best Buy from $111.00 to $117.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.72.

Best Buy Trading Down 2.0 %

NYSE:BBY opened at $82.66 on Tuesday. The business’s 50-day moving average is $87.60 and its two-hundred day moving average is $90.20. The firm has a market capitalization of $17.67 billion, a PE ratio of 14.13, a price-to-earnings-growth ratio of 2.19 and a beta of 1.43. Best Buy has a 12 month low of $69.29 and a 12 month high of $103.71. 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 (NYSE:BBY) last released its quarterly earnings data on Tuesday, November 26th. The technology retailer reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by ($0.04). The business had revenue of $9.45 billion during the quarter, compared to analyst estimates of $9.63 billion. Best Buy had a return on equity of 45.93% and a net margin of 3.01%. Best Buy’s revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.29 EPS.

Best Buy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Tuesday, December 17th were paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 4.55%. The ex-dividend date was Tuesday, December 17th. Best Buy’s dividend payout ratio (DPR) is presently 64.27%.

Insider Buying and Selling

In related news, CFO Matthew M. Bilunas sold 69,166 shares of the 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 sale, the chief financial officer now owns 92,070 shares in the company, valued at $8,052,442.20. This represents a 42.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.59% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Best Buy

Several institutional investors have recently made changes to their positions in the stock. Richardson Financial Services Inc. boosted its position in Best Buy by 190.9% during the 2nd quarter. Richardson Financial Services Inc. now owns 320 shares of the technology retailer’s stock valued at $27,000 after purchasing an additional 210 shares during the period. Harbor Capital Advisors Inc. acquired a new position in shares of Best Buy during the third quarter valued at $40,000. LRI Investments LLC grew its position in shares of 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 acquiring an additional 335 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in shares of Best Buy by 50.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 493 shares of the technology retailer’s stock worth $42,000 after acquiring an additional 166 shares during the period. Finally, Brooklyn Investment Group bought a new stake in Best Buy in the 3rd quarter valued at about $44,000. 80.96% of the stock is owned by institutional investors.

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.