Latest News - Best Buy

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Best Buy

BBY | NYSE | United States
966
-12
Rank
$17.79B
Market Cap
$41.52B
-$ 1.93B
-4.44%
Revenue
$1.29B
-$ 0.33B
-20.37%
Earnings
85K
Employees
Is Best Buy’s (BBY) Student Tech Perks Masking Deeper Supply Chain And Leadership Questions?

23.05.2026 00:23

BMO Financial Group recently launched a collaboration with Best Buy Canada, offering eligible post-secondary students who open and fund a BMO Student Chequing Account a C$200 Tech Reward that can be used on a curated range of products from brands such as Sony, JBL, Nespresso, Dyson and Google Fitbit. At the same time, Best Buy is preparing for an upcoming earnings report while managing product shortages and a pending CEO transition, which together are shaping how investors think about its...

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The Look Ahead: May 22, 2026

23.05.2026 00:00

CNBC brings you fast, accurate, and actionable business news and market updates.

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Grand Theft Auto Is Hiding the Holes in Take-Two’s Earnings Release

22.05.2026 12:44

The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.

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A Look At Best Buy (BBY) Valuation As Earnings Expectations And Cautious Sentiment Shape The May 28 Report

22.05.2026 11:09

Best Buy (BBY) heads into its May 28 earnings release with expectations for higher revenue, but recent commentary points to cautious sentiment around the likelihood of an earnings beat and near term stock reaction. See our latest analysis for Best Buy. With the share price at $61.15, Best Buy’s 7 day share price return of 7.9% contrasts with a year to date share price decline of 11.6% and a 1 year total shareholder return decline of 8.7%. This suggests momentum has picked up recently even as...

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BMO Partners with Best Buy Canada to Help Students Make Real Financial Progress

20.05.2026 12:00

BMO today announced a first-of-its-kind collaboration with Best Buy Canada to help students prepare for the academic year with tools, guidance and programs designed to help post-secondary students make real financial progress

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Best Buy Ikea Partnership Tests New Channel For Undervalued Stock

16.05.2026 10:11

Best Buy (NYSE:BBY) is partnering with Ikea to offer in store technology and appliance consultation services. The partnership gives Ikea shoppers access to Best Buy experts for product advice, configuration, and ordering support. Best Buy will provide consultation and ordering services from within Ikea locations, creating a new customer touchpoint for the retailer. Best Buy enters this partnership with Ikea at a time when its stock has been under pressure, with NYSE:BBY down 18.6% year to...

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Best Buy Stock: Is Wall Street Bullish or Bearish?

15.05.2026 02:03

As Best Buy has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a cautious outlook about the stock’s prospects.

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Best Buy debuts consultation spaces within Ikea stores

14.05.2026 11:17

The project at two Ikea locations builds on the retailers' existing shop-in-shop partnership at Best Buy.

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Citigroup Maintains Neutral on Best Buy Co, Lowers Price Target to $60

12.05.2026 14:02

Citigroup analyst Steven Zaccone maintains Best Buy Co (NYSE:BBY) with a Neutral and lowers the price target from $69 to $60.

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Ahold Delhaize & Uber Eats Expand Partnership: Upside Ahead?

06.05.2026 15:45

UBER expands Uber Eats grocery delivery with Ahold Delhaize USA, adding nearly 2,000 Northeast/Mid-Atlantic stores, promos, Uber One perks and SNAP/EBT.

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How Investors Are Reacting To Best Buy (BBY) Tweaking Membership Fees And Rewards To Boost Loyalty

06.05.2026 13:19

In early May 2026, Best Buy announced that from June 4 it will add a 1% rewards points system for its paid My Best Buy Plus and Total memberships, increase rewards to 6% for purchases made with its co-branded credit card, and raise the annual fee for My Best Buy Total. This shift signals Best Buy’s attempt to deepen customer loyalty and enhance recurring membership economics at a time when competition in electronics retail and consumer spending pressures remain intense. We’ll now examine how...

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Best Buy Introduces Reward Points for My Best Buy Plus and Total Members

04.05.2026 11:00

MINNEAPOLIS, May 04, 2026--Starting June 4, Best Buy is introducing reward points for its My Best Buy Plus and My Best Buy Total memberships. Plus and Total members will earn 1% back in rewards on every eligible purchase, and 6% back1 in rewards when they use their My Best Buy® Credit Card. Points are in addition to the many benefits members enjoy today, like exclusive pricing and deals, 24/7 tech support, product protection2, free two-day shipping3 and more.

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How The Best Buy (BBY) Investment Narrative Is Shifting After Q4 And New Guidance

23.04.2026 17:04

Best Buy is back in focus as analysts trim their modeled fair value to US$72.50 from US$74.85, a cut of about 3% that reflects a more cautious stance. Many firms are reducing price targets even while acknowledging solid Q4 execution and steady profitability, as they weigh softer consumer electronics demand against management’s medium term goals. As you read on, you will see how to interpret these shifting views and keep track of how the narrative on Best Buy evolves from here. Stay updated as...

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Best Buy, America’s Worst Retailer, Gets A New CEO

23.04.2026 13:45

Best Buy (NYSE: BBY) announced that Jason Bonfig, the company’s Chief Customer, Product, and Fulfillment Officer, would succeed Corie Barry as the next Chief Executive Officer at Best Buy. Berry became Best Buy’s CEO in 2019. She has done a great deal to weaken the company. Its stock is down 46% over the last five ... Best Buy, America’s Worst Retailer, Gets A New CEO

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Company News for Apr 23, 2026

23.04.2026 11:22

Companies In The Article Are: ASTS, BBY,ADBE,BSX

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Best Buy Co Inc (NYSE:BBY) Offers a High 5.94% Yield with Strong Dividend Growth and Solid Financial Health

23.04.2026 09:10

Best Buy (BBY) offers a 5.94% dividend yield with an 8/10 Dividend Rating, strong profitability, and a low P/E of 9.86. This high-yield stock combines income with financial stability.

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Best Buy (BBY) Stock Trades Down, Here Is Why

23.04.2026 03:09

Shares of electronics retailer Best Buy (NYSE:BBY) fell 4.8% in the afternoon session after the company announced that Chief Executive Officer Corie Barry would step down from her role.

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Best Buy stock falls on appointment of company veteran as next CEO

22.04.2026 15:15

Best Buy Co Inc (NYSE:BBY) announced that its board of directors has appointed chief customer, product and fulfillment officer Jason Bonfig as the company’s next CEO, succeeding Corie Barry later this year. The leadership transition will take effect at the end of the third quarter on October...

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Best Buy Stock Drops. Can Its New CEO Fix the Slump?

22.04.2026 14:45

Best Buy is shaking things up at the top. The retailer on Wednesday said that Jason Bonfig will be the retailer’s next CEO, succeeding Corie Barry when she steps down on Oct. 31. Bonfig comes from within the company.

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