BBY Stock Summary and Trading Ideas (Best Buy Co. | NYSE:BBY)

With $41.5 billion in consolidated 2024 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8% share of the North American market and around 33% share of offline sales in the region, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the covid-19 pandemic, have seen the US e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co. trades on the NYSE stock market under the symbol BBY.

As of April 23, 2025, BBY stock price climbed to $63.47 with 4,492,591 million shares trading.

BBY has a beta of 0.90, meaning it tends to be less sensitive to market movements. BBY has a correlation of 0.17 to the broad based SPY ETF.

BBY has a market cap of $13.42 billion. This is considered a Large Cap stock.

Last quarter Best Buy Co. reported $14 billion in Revenue and $2.58 earnings per share. This beat revenue expectation by $288 million and exceeded earnings estimates by $.18.

In the last 3 years, BBY traded as high as $103.71 and as low as $54.99.

The top ETF exchange traded funds that BBY belongs to (by Net Assets): VTI, VOO, SCHD, VO, DVY.

BBY has underperformed the market in the last year with a return of -10.4%, while the SPY ETF gained +7.3%. In the last 3 month period, BBY fell short of the market, returning -24.8%, while SPY returned -11.9%. However, in the most recent 2 weeks BBY has outperformed the stock market by returning -0.3%, while SPY returned -2.4%.

BBY support price is $60.78 and resistance is $65.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBY shares will trade within this expected range on the day.