Best Buy Company IncBBYCOMMENTNov 21, 2025Stock price when the opinion was issued
As of Aug 04, 2026. Market Open.
Has a clean balance sheet, lots of cash, and pays a 4% dividend. Also, a big TV refresh cycle is coming, the first in a decade. BBY is the exclusive seller of next-wave RGB TVs for the first year in the US. The stock is cheap. RGB won't be as big as the OLED TV cycle, but will drive the cycle for 1.5 years.
(Analysts’ price target is $78.75)
It reports Tuesday. The report will be okay, probably hurt by higher interest rates and tariffs though offset by a PC refresh cycle.