Best Buy - Price Forecast & Ratings

What is the target price for Best Buy?

On November 6, an AI target price of Premium - Sign up was allocated to Best Buy (BBY). This projected target price was predicated on several factors, including a longterm decrease in Twitter followers, a longterm decrease in job posts, a longterm decrease in financial fundamentals, a worrysome low business outlook across the company's employees, and a month over month drop in web traffic.

Is BBY a Buy, Sell or Hold?

Based on Alternative Data, Best Buy is a hold.

Should I buy BBY stock?

Alternative data suggests that it's recommended to approach Best Buy (BBY) with caution. While there are positive indicators, the overall assessment suggests a hold based on Alternative Data analysis. However, this information should not be considered financial advice.

What Is the BBY Stock Forecast for 2025?

With an AI score of 44, the BBY stock forecast suggests stability.

What is the BBY price prediction for 2025?

To predict the price for BBY in 2025, we can extrapolate the AI price target. This approach projects BBY's price to reach $89.46.

What is the BBY price prediction for 2030?

To predict the price for BBY in 2030, we can again extrapolate the AI price target. This approach projects BBY's price to reach $69.86.

How do we predict the price for BBY?

When predicting the price for BBY, our approach incorporates multiple scores assessing different aspects of the company. The Brand score measures growth and engagement across social media channels, indicating audience reach. The Employee score evaluates workforce health, considering job postings, business outlook, and employee ratings. The Customer score examines engagement on websites, app downloads, and sentiment in stock forums. Lastly, the Fundamental score analyzes financial statements and analyst ratings. By evaluating this data, we gain a holistic view of the company's performance, enabling more informed price predictions.

Will BBY go up tomorrow?

Based on technical analysis of how the price has moved over the last 6 months, the likelihood of the price going up tomorrow is 34%.
Note that this is a simplistic analysis and should be used with caution, as prices are influenced by a myriad of factors.