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Computing Upgrades And Connected Homes Will Drive Future Success

Published
02 Sep 24
Updated
29 Aug 25
AnalystConsensusTarget's Fair Value
US$79.62
4.3% undervalued intrinsic discount
04 Sep
US$76.17
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1Y
-22.7%
7D
3.4%

Author's Valuation

US$79.6

4.3% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on29 Aug 25
Fair value Increased 2.40%

Analysts have raised Best Buy’s price target to $78.76, citing optimism over the U.S. digital marketplace launch and expected SKU expansion, though some remain cautious on execution risks and near-term profitability. Analyst Commentary Bullish analysts highlight the significant growth potential from Best Buy's third-party digital marketplace launch, expecting a broad increase in the variety of products and vendors.

Shared on07 May 25
Fair value Decreased 12%

Shared on30 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on16 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 1.60%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 4.81%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Increased 3.68%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on10 Mar 25
Fair value Increased 14%

AnalystConsensusTarget has increased future PE multiple from 13.6x to 16.0x and increased shares outstanding growth rate from -0.0% to -0.0%.