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The Globe and Mail Analyst action

Is Best Buy the AI Winner Hiding in the Electronics Aisle?

Truist Securities has upgraded Best Buy Co. Inc. (NYSE: BBY) to a Buy rating, suggesting the electronics retailer could be an unexpected beneficiary of the AI boom. The thesis is based on Best Buy's role in selling AI-enabled consumer devices, with management noting double-digit sales growth in emerging AI categories. Despite recent share rallies and thin margins in …

Does Best Buy’s New CFO Hire Reshape Its Long‑Term Strategy Narrative for Investors (BBY)?

Best Buy recently appointed Anne Bramman as its new CFO, bringing extensive experience in finance, operations, and retail analytics. This leadership change, alongside an incoming CEO, is expected to influence Best Buy's investment narrative, particularly focusing on profitability and capital allocation related to its …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy Co. Inc. stock outperforms competitors on strong trading day

Best Buy Co. Inc. (BBY) stock rose by 2.83% to $85.35 on a favorable trading day where both the S&P 500 Index and Dow Jones Industrial Average also saw gains. The company's stock closed 6.48% below its 52-week high.

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

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Best Buy (BBY) Taps Anne Bramman As CFO During Executive Reshuffle

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Best Buy (NYSE: BBY) appointed Anne Bramman as Chief Financial Officer as part of a broader leadership reshuffle. The move follows an interim …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Citigroup Adjusts Best Buy Price Target to $88 From $79, Maintains Neutral Rating

Citigroup has increased its price target for Best Buy (BBY) to $88 from $79, while reiterating a Neutral rating on the stock. This adjustment reflects Citigroup's updated outlook for the consumer electronics retailer. The article also notes recent analyst activities for Best Buy, including …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Truist Upgrades Best Buy to Buy, Says AI Consumer Devices Will Fuel Sales Growth

Truist Securities upgraded Best Buy to "buy" from "hold," raising its price target to $95 due to accelerating replacement demand and the integration of AI into consumer devices. Analyst Scot Ciccarelli expects Best Buy's second-quarter U.S. same-store sales to rise 2.5%, significantly above the …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy Sales Momentum Improving on Replacement Demand, AI Adoption, Truist Says in Upgrade

Best Buy (BBY) is seeing improving sales momentum amid factors such as continued replacement demand PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

This Best Buy Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

A Best Buy analyst has turned bullish, leading a list of five key stock upgrades for Tuesday. Truist Securities upgraded Best Buy Co Inc (NYSE: BBY) from Hold to Buy, raising its price target. Other companies receiving upgrades include BCE Inc (NYSE: BCE), Alpha …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Wells Fargo Adjusts Price Target on Best Buy to $85 From $65, Maintains Equalweight Rating

Wells Fargo has increased its price target for Best Buy to $85 from $65, while retaining an Equalweight rating on the stock. This adjustment comes shortly after Truist Securities also upgraded Best Buy to Buy from Hold, setting a price target of $95. The …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Fairstone Bank and Best Buy Canada Renew Exclusive Retail Financing Partnership, Expanding Flexible Payment Options for Canadian Consumers

Renewal secures cornerstone retail financing relationship TORONTO and MONTREAL, Aug. 11, 2026 /CNW/ -- Fairstone Bank of Canada ("Fairstone Bank"), Canada's leading alternative lending bank, and Best Buy Canada Ltd. ("Best Buy"), Canada's largest consumer electronics retailer, today announced the renewal of their exclusive …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

KMG Fiduciary Partners LLC Has $1.52 Million Holdings in Best Buy Co., Inc. $BBY

KMG Fiduciary Partners LLC significantly increased its stake in Best Buy Co., Inc. by 362.2% in the second quarter, bringing its total holdings to 20,098 shares valued at approximately $1.52 million. This increase reflects broader institutional interest, with other large investors also modifying their …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy Co., Inc. $BBY Stock Holdings Lessened by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab significantly reduced its holdings in Best Buy Co., Inc. ($BBY) by 71.9% in the second quarter, selling 14,760 shares and retaining 5,780 shares valued at $439,000. Despite this, other institutional investors have recently increased their stakes. Best Buy exceeded quarterly earnings and …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Truist Securities Upgrades Best Buy to Buy From Hold, Adjusts Price Target to $95 From $81

Truist Securities has upgraded Best Buy (BBY) from a "Hold" rating to a "Buy" rating. The firm also increased its price target for Best Buy shares to $95, up from the previous target of $81. This positive adjustment by Truist Securities indicates a more …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy Co., Inc. (BBY) Options Chain

This article provides detailed options chain data for Best Buy Co., Inc. (BBY), including both call and put options with various strike prices and expiration dates. It lists the last trade date, last price, bid, ask, change, percentage change, volume, open interest, and implied …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy’s chief marketer exits, replaced by newcomer

Jennie Weber, Best Buy's Chief Marketing Officer, has left the company after more than 20 years, with Chief Creative Officer Marty Senn stepping into the role. This change comes shortly after a C-suite reshuffle, surprising some industry analysts. Best Buy's incoming CEO, Jason Bonfig, …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Janus Henderson Group PLC Sells 1,251,728 Shares of Best Buy Co., Inc. $BBY

Janus Henderson Group PLC significantly reduced its stake in Best Buy Co., Inc. (NYSE:BBY) by selling 1,251,728 shares, representing a 97.9% cut, though still retaining shares worth approximately $1.69 million. This sale comes as Best Buy reported strong quarterly earnings, beating estimates with $1.28 …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy Co., Inc. $BBY Shares Acquired by Bank of America Corp DE

Bank of America Corp DE increased its holdings in Best Buy Co., Inc. by 17.8% in the first quarter, acquiring an additional 172,579 shares, bringing its total to 1.14 million shares valued at approximately $73.2 million. Best Buy exceeded earnings and revenue expectations in …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Assenagon Asset Management S.A. Has $40.33 Million Stock Holdings in Best Buy Co., Inc. $BBY

Assenagon Asset Management S.A. significantly increased its stake in Best Buy Co., Inc. (NYSE:BBY) by 3,213.5% in the second quarter, now holding 531,517 shares valued at $40.33 million. Other institutional investors also adjusted their holdings, while analysts provided mixed ratings for the stock with …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Is Best Buy’s New CFO Appointment Reframing How Investors View Its Strategy and Execution (BBY)?

Best Buy Co., Inc. has appointed Anne Bramman as its new executive vice president and CFO, effective August 19, 2026. This appointment is seen as supportive of Best Buy's strategy to evolve into a broader tech, services, and media platform, focusing on high-margin areas …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy Co. Inc. stock underperforms Wednesday when compared to competitors

Best Buy Co. Inc. (BBY) stock declined 2.14% to $84.50 on Wednesday, underperforming the broader market. The Dow Jones Industrial Average rose while the S&P 500 Index fell slightly. Best Buy's stock closed 7.41% below its 52-week high.

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Will Best Buy (BBY) Beat Estimates Again in Its Next Earnings Report?

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Best Buy (BBY), which belongs to the Zacks Retail - Consumer Electronics industry. This consumer electronics retailer has seen a …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Jefferies downgrades Best Buy to Hold on slowing demand, memory cost concerns

Investing.com -- Jefferies downgraded Best Buy, a U.S. consumer electronics retailer to Hold from Buy, saying the market already reflects an optimistic outlook for second-quarter comparable sales while earnings upside beyond that could prove more limited amid softer consumer demand and rising cost pressures. …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

This Best Buy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

This article highlights several significant analyst downgrades for prominent companies, including Best Buy Co Inc (BBY), Aptiv PLC (APTV), Ball Corp (BALL), Burlington Stores Inc (BURL), and Fidelity National Information Services Inc (FIS). Analysts from Jefferies, Morgan Stanley, JP Morgan, Citigroup, and UBS have …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Jefferies cuts Best Buy stock rating on weakening consumer demand

Jefferies downgraded Best Buy Co. Inc. (NYSE:BBY) to Hold from Buy, citing concerns about weakening consumer demand and potential earnings per share disappointment due to challenging comparisons and rising laptop prices. Despite this, Best Buy trades at a P/E ratio of 16.05 with a …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy to open immersive in-store shops dedicated to Meta AI glasses, VR headsets

Best Buy is partnering with Meta to launch "Meta Lab @ Best Buy" experiential spaces in 50 stores this summer. These 900-sq.-ft. areas will offer interactive demos, smart mirrors, and personalized fittings for Meta's AI glasses and VR headsets, addressing customer desire to try …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy (BBY) Appoints Anne Bramman As CFO For Its Next Growth Push

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Best Buy (NYSE:BBY) has appointed Anne Bramman as Chief Financial Officer and Executive Vice President. Bramman is scheduled to assume the role on …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy Co. Inc. stock rises Tuesday, still underperforms market

Shares of Best Buy Co. Inc. (BBY) rose 1.29% on Tuesday, closing at $86.35. This increase occurred during an overall positive trading session, with the S&P 500 Index and Dow Jones Industrial Average also seeing gains. Despite the rise, the stock still underperformed the …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Corsair VOID v2 Drops to $79.99 at Best Buy: Best Battery Life Under $100, Real Platform Caveats

The Corsair VOID v2 Wireless Gaming Headset is on sale for $79.99 at Best Buy, offering 70 hours of battery life and low-latency 2.4 GHz wireless connectivity. While ideal for PC and PS5 users, Nintendo Switch and mobile users face limitations like higher latency …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

BEST BUY CO INC : TELSEY ADVISORY GROUP RAISES TARGET PRICE TO $95 FROM $90

Telsey Advisory Group has increased its target price for Best Buy Co Inc (BBY.N) from $90 to $95. This adjustment reflects the firm's updated outlook on the electronics retailer. The article also includes a disclaimer stating that the content is solely the author's opinion …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Why Best Buy (BBY) Stock Is Down Today

Why Best Buy (BBY) Stock Is Down Today What Happened? Shares of electronics retailer Best Buy (NYSE:BBY) fell 2.8% in the afternoon session after BofA Securities resumed coverage on the stock with an underperform rating. The bank set a price target of $80, below …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Telsey raises Best Buy stock price target on new CFO appointment

Telsey has increased its price target for Best Buy (NYSE:BBY) to $95 from $90, maintaining an Outperform rating, following the appointment of Anne Bramman as the new CFO. This positive outlook is supported by Bramman's extensive consumer finance experience and aligns with 12 analysts …

BBY main company
Sharemaestro market context Trend signal active 52 weeks +21.0% · Next-week setup negative 44.8% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy appoints Anne Bramman as Chief Financial Officer

Best Buy has appointed Anne Bramman as its new executive vice president and Chief Financial Officer, effective August 19. Bramman, a seasoned Fortune 500 executive with extensive experience in retail, consumer, and operational finance, will lead the global finance organization and work with incoming …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

Best Buy (BBY) Stock Looks Reasonable On Earnings But Stretched After A 42% Run

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Best Buy stock has delivered a strong 42.0% return over the past year, and at around US$86.26 the valuation picture now looks more balanced …

BBY main company BBYY34 main company BBY main company
Sharemaestro market context Trend signal active 52 weeks +7.7% · Next-week setup negative 35.6% BBY stored weekly price path from 22 Aug 2025 to 14 Aug 2026

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