Best Buy Company (NYSE:BBY) has seen a lot of activity recently but with mixed opinions among analysts, managers, and investors. Some institutions, including
Robeco Institutional Asset Management B.V., Greenwood Capital Associates LLC, Lecap Asset Management Ltd., and others, have increased their holdings. Conversely, others like
Bank Hapoalim BM, Swedbank AB, and Empowered Funds LLC among others are decreasing their positions. There has been notable interest from call traders following the launch of Best Buy's digital marketplace. Despite some short-term market drops, there are those who see the longer-term prospects of BBY being positive due to good tariff management and potential growth drivers. However, others argue that BBY's earnings lacklustre and its stock is underperforming the consumer discretionary sector. More concerning is that BBY appears to be vulnerable to tariff impacts, and there are suggestions that price increases are likely. The impact of tariffs, alongside muted demand for consumer electronics, has led Best Buy to lower their profit outlook. Several analysts maintain their buy ratings for BBY, while others downgraded ratings due to growth concerns.
Best Buy Company Stocks BBY News Analytics from Tue, 26 Nov 2024 08:00:00 GMT to Sat, 04 Oct 2025 10:58:04 GMT -
Rating -2
- Innovation 4
- Information 6
- Rumor -6
