2.2% Below Target

The consensus price target for BBY is $76.4, close to the current price of $74.73 (2.2% implied move). Based on 41 analyst estimates, the stock appears fairly valued near current levels.

BBY has a consensus rating of "Hold" based on 41 Wall Street analysts. The rating breakdown is mixed, with 22 Hold ratings making up the largest segment. The consensus 12-month price target of $76.4 implies 2.2% upside from current levels.

With a forward P/E of 11.4191x, BBY trades at a relatively low valuation. The consensus target of $76.4 implies 2.2% appreciation, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $90 for BBY, while the most conservative target is $60. The consensus of $76.4 represents the median expectation. Our quantitative valuation model projects a bull case target of $128 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

BBY is heavily covered by Wall Street, with 41 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 22 recommend Hold, and 5 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month BBY stock forecast based on 41 Wall Street analysts shows a consensus price target of $76.4, with estimates ranging from $60 (bear case) to $90 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $97, with bear/bull scenarios of $61/$128.

Our quantitative valuation model calculates BBY's fair value at $97 (base case), with a bear case of $61 and bull case of $128. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.

BBY trades at a forward P/E ratio of 11.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

BBY appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $76.4 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

BBY analyst price targets range from $60 to $90, a 39% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $76.4 consensus represents the middle ground. Our model's $61-$128 range provides an independent fundamental perspective.