Best buy stock price forecast the Best Buy stock price forecast

The Best Buy stock price forecast benefits from improving inventory turnover, helping the company reduce markdown risk. Market consensus points to a bullish bias with a near-term price objective of $74–$ Based on the forecasts above, Meta Platforms is the best trillion-dollar AI stock to buy now, though Microsoft and Amazon are close behind. Read on to learn more about the social media company and its pursuit of superintelligence. Best Buy on Tuesday posted fiscal fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump's tariffs on China and Mexico go into effect. Retail sector peers influence the Best Buy stock price forecast, with strong performances from competitors signaling potential sector-wide gains. BBY could reach $77 in the next two months if consumer confidence maintains upward trajectory.