Creative Planning and Nomura Asset Management have significantly increased their holdings in Best Buy Co., Inc. (BBY), amidst mixed reviews on the stock. Wedbush maintains a neutral rating while Jefferies targets a price of $95 due to potential ad business. Others, like Richard Schulze, the Chairman Emeritus, have sold major portions of their stock.
Tariffs are a major concern for the retail giant, creating complications, cutting profit outlooks, and causing share price fluctuations. An earnings beat in Q2 2025, however, gave the stock a boost. Consumer discretionary sector performance is also under scrutiny.
The launch of Best Buy's Digital Marketplace and weekly holiday deals up to 50% off show a strategic shift towards e-commerce. On the other hand, questions are raised over the valuation and future financial prospects of the company.
Best Buy Company Stocks BBY News Analytics from Mon, 23 Dec 2024 08:00:00 GMT to Sat, 22 Nov 2025 10:57:16 GMT - Rating 0 - Innovation -3 - Information 9 - Rumor -7
