Why did Best Buy (BBY) stock move recently?

On 9/2/2026, Best Buy moved +5.3% — Best Buy shares rose on continued reaction to its Aug 27 Q2 FY27 earnings beat and raised full-year FY27 guidance (revenue to $42.3-42.8B, comp sales to 1.9-3.0%, adj. EPS to $6.70-6.90), with strength in computing and other categories cited by the company and analysts. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Best Buy (BBY) overvalued or fairly valued?

MarketChacha shows Best Buy's valuation in context — a trailing P/E of about 21.6, a forward P/E of about 12.9, a price-to-book of about 6.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Best Buy's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.58×) from reported figures — education, not a rating.

What is Best Buy's revenue?

Best Buy reported revenue of $41.7B for FY2026, with net profit of $1.1B, per official filings.

What is the share price of Best Buy (BBY)?

Best Buy last traded at $93.18 (+2.2% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Best Buy

BBY · NYSE · Consumer Discretionary · United States

Snapshot

TickerBBY

ExchangeNYSE

SectorConsumer Discretionary

IndustrySpecialty Retail

CountryUnited States

Employees82,000

HeadquartersRichfield, United States

Websitecorporate.bestbuy.com

Filings tracked17

About Best Buy

Best Buy Co., Inc. offers technology products and solutions in the United States, Canada, and internationally. The company provides computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters that includes home theater accessories, soundbars, and televisions. It also offers appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care; entertainment products consisting of drones, peripherals, gaming, toys, and virtual reality, as well as hardware and software, and augmented reality glasses and other software products; and other products, such as baby, food and beverage, luggage, and outdoor living products. In addition, the company provides delivery, installation, marketplace commissions, memberships, repair, set-up, technical support, health-related, and warranty-related services. It offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Essentials, Best Buy Health, Best Buy Marketplace, Geek Squad, Imagine That, Insignia, Lively, Jitterbug, My Best Buy, My Best Buy Memberships, Pacific Kitchen, Home, TechLiquidators, and Yardbird brand names, as well as domain names comprising bestbuy.com, lively.com, techliquidators.com, yardbird.com, bestbuy.ca, and techliquidators.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Who owns it

Insiders6.5%
Institutions93.5%
Public & other0.0%

1,285 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.12.15%
State Street Corporation6.67%
Vanguard Capital Management LLC6.16%
Vanguard Portfolio Management LLC4.40%
Geode Capital Management, LLC3.81%
Charles Schwab Investment Management, Inc.3.28%
Invesco Ltd.2.42%
JPMORGAN CHASE & CO2.31%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.58×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend3.1% → 2.6%

Margin has held broadly steady over the period — stable profitability.

Return on equity36.1%

Latest ROE of 36.1% — capital is generating a healthy return.

Growth qualityrev -3% · PAT -9%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $14.1B · EPS 2.59

Est. earnings growth -0.8%

Next fiscal year

Rev $43.4B · EPS 7.22

Est. earnings growth +5.8%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$41.7B

Net margin

2.6%

ROE

36.1%

Revenue CAGR (3y)

-3.4%

Profit CAGR (3y)

-9.0%

EPS (FY2026)

5.04

Net profit (FY2026)

$1.1B

Ask MarketChacha about BBY

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 2, 2026
Best Buy shares rose on continued reaction to its Aug 27 Q2 FY27 earnings beat and raised full-year FY27 guidance (revenue to $42.3-42.8B, comp sales to 1.9-3.0%, adj. EPS to $6.70-6.90), with strength in computing and other categories cited by the company and analysts.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Sep 1, 2026
Best Buy shares rose on positive follow-through from its Aug 27 Q2 FY27 earnings beat and raised FY27 guidance (revenue to $42.3-42.8B, comp sales 1.9-3.0%, adj. EPS $6.70-6.90), highlighted in Sept 1 coverage noting the stronger outlook and AI/computing momentum.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jul 27, 2026
Best Buy shares rose to a new 52-week high with no specific news or filing catalyst identified for the session.
source 1 ↗source 2 ↗· confidence: low
Jul 23, 2026
Best Buy shares fell with broader market pressure on consumer discretionary stocks amid geopolitical tensions and surging oil prices; no company-specific catalyst reported for the session.
source 1 ↗· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$41.7B	$1.1B	5.04	2.6%	36.1%
FY2025	$41.5B	$927.0M	4.28	2.2%	33.0%
FY2024	$43.5B	$1.2B	5.68	2.9%	40.6%
FY2023	$46.3B	$1.4B	6.29	3.1%	50.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q3	$9.8B	$315.0M	1.48	3.2%
2026Q2	$8.9B	$276.0M	1.31	3.1%
2025Q4	$9.7B	$140.0M	0.66	1.4%
2025Q3	$9.4B	$186.0M	0.87	2.0%
2025Q2	$8.8B	$202.0M	0.95	2.3%
2024Q4	$9.4B	$273.0M	1.26	2.9%
2024Q3	$9.3B	$291.0M	1.34	3.1%
2024Q2	$8.8B	$246.0M	1.13	2.8%
2023Q4	$9.8B	$263.0M	1.21	2.7%
2023Q3	$9.6B	$274.0M	1.25	2.9%
2023Q2	$9.5B	$244.0M	1.11	2.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC9/4/2026
8-K — Results of operations, Exhibits
SEC8/27/2026material
8-K — Executive/director change, Exhibits
SEC8/3/2026material
8-K — Executive/director change, Exhibits
SEC6/22/2026material
8-K — Shareholder vote results
SEC6/17/2026material
10-Q filing
SEC6/5/2026
8-K — Results of operations, Exhibits
SEC5/28/2026material
8-K — Executive/director change, Exhibits
SEC4/22/2026material
10-K filing
SEC3/18/2026
8-K — Results of operations, Exhibits
SEC3/3/2026material

2025

8-K/A — Executive/director change
SEC12/10/2025
10-Q filing
SEC12/5/2025
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC12/1/2025material
8-K — Results of operations, Exhibits
SEC11/25/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC9/12/2025material
10-Q filing
SEC9/5/2025
8-K — Results of operations, Exhibits
SEC8/28/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.