Best Buy (BBY) Valuation Reassessed After Strong Q3 Results And Raised 2026 Outlook

Simply Wall St.02-13

AdvertisementWhy Best Buy’s latest earnings are back in focus Best Buy (BBY) is back on investors’ radar after Q3 results showed growth in computing, gaming, and mobile phones, with comparable sales ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2611157316?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/255397-main-header/1585186829523","is_english":true,"pubTime":"2026-02-13 19:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2611157316","market":"nz","top_or_hot":-1,"title":"Best Buy (BBY) Valuation Reassessed After Strong Q3 Results And Raised 2026 Outlook","media":"Simply Wall St.","content":"<div>\n<p>AdvertisementWhy Best Buy’s latest earnings are back in focus Best Buy (BBY) is back on investors’ radar after Q3 results showed growth in computing, gaming, and mobile phones, with comparable sales ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/retail/nyse-bby/best-buy/news/best-buy-bby-valuation-reassessed-after-strong-q3-results-an\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Best Buy (BBY) Valuation Reassessed After Strong Q3 Results And Raised 2026 Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBest Buy (BBY) Valuation Reassessed After Strong Q3 Results And Raised 2026 Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-13 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/retail/nyse-bby/best-buy/news/best-buy-bby-valuation-reassessed-after-strong-q3-results-an><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AdvertisementWhy Best Buy’s latest earnings are back in focus Best Buy (BBY) is back on investors’ radar after Q3 results showed growth in computing, gaming, and mobile phones, with comparable sales ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/retail/nyse-bby/best-buy/news/best-buy-bby-valuation-reassessed-after-strong-q3-results-an\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://simplywall.st/stocks/us/retail/nyse-bby/best-buy/news/best-buy-bby-valuation-reassessed-after-strong-q3-results-an","article_id":"2611157316","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/255397-main-header/1585186829523"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/retail/nyse-bby/best-buy/news/best-buy-bby-valuation-reassessed-after-strong-q3-results-an","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2611157316","pubTimestamp":1770981841,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Why Best Buy’s latest earnings are back in focus\nBest Buy (BBY) is back on investors’ radar after Q3 results showed growth in computing, gaming, and mobile phones, with comparable sales and total revenue above expectations and fiscal 2026 guidance raised.\nSee our latest analysis for Best Buy.\nEven after the post earnings jump in late November, when the share price moved 5.3% on the day, Best Buy’s momentum has cooled. The 90 day share price return of 14.33% and the 1 year total shareholder...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4076":"电脑与电子产品零售","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","BBY":"百思买"},"translate_title":"百思买(BBY)在第三季度业绩强劲后重新评估估值并上调2026年展望","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBY":1.5},"content_text":"AdvertisementWhy Best Buy’s latest earnings are back in focus Best Buy (BBY) is back on investors’ radar after Q3 results showed growth in computing, gaming, and mobile phones, with comparable sales and total revenue above expectations and fiscal 2026 guidance raised. See our latest analysis for Best Buy. Even after the post earnings jump in late November, when the share price moved 5.3% on the day, Best Buy’s momentum has cooled. The 90 day share price return of 14.33% and the 1 year total shareholder return of 23.34% loss point to sentiment that is still cautious despite the raised fiscal 2026 outlook. If this update has you reassessing retail and consumer tech exposure, it could be a good moment to widen the lens and check out 23 top founder-led companies as potential fresh ideas beyond big box names. With Best Buy shares lagging over 1 year and various return periods, yet trading below analyst price targets and some estimates of intrinsic value, is this recent reset an entry point, or is the market already pricing in future growth? Most Popular Narrative: 22.9% Undervalued Best Buy’s last close of $64.87 sits well below the $84.19 fair value implied by the most followed narrative, which frames the stock as modestly undervalued rather than a deep value outlier.  It’s clear that Best Buy is unlikely to outperform the market. It doesn’t offer a significant source of passive income either, with a CAGR of just 4.64% over 20 years, 5.14% over 15 years, and 9.77% over the past 10 years (dividends included). It struggles to compete with giants like Amazon and could quickly lose its position, given its lack of strong advantages or a defensible moat. Future prospects are neither revolutionary nor particularly encouraging, but the company has performed better in recent years than in the past. Time will tell where this leads.  Read the complete narrative. Curious how that cautious tone still lands on an undervalued verdict? According to Serpentaire, the answer sits in steady margins, modest growth assumptions, and a future earnings multiple that may surprise you. Result: Fair Value of $84.19 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, that thesis could be challenged if competitive pressure from online retailers intensifies further, or if ongoing store closures erode Best Buy’s brand and in store experience. Find out about the key risks to this Best Buy narrative. Another View on Best Buy’s valuation Our DCF model points in the same direction as Serpentaire’s work but with a much stronger signal. On this view, Best Buy at $64.87 screens as good value, with an estimated future cash flow value of $153.86, so a sizeable gap if those cash flow assumptions hold up. That kind of discount can look appealing, but it also raises questions. Are the cash flow forecasts and discount rate too optimistic? Or is the market too focused on weak recent returns and thin margins to price the stock on longer term earnings power? Look into how the SWS DCF model arrives at its fair value. BBY Discounted Cash Flow as at Feb 2026 Build Your Own Best Buy Narrative If you look at these numbers and reach a different conclusion, or simply prefer to trust your own analysis, you can build a fresh Best Buy thesis yourself in just a few minutes, starting with Do it your way. A great starting point for your Best Buy research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision. Looking for more investment ideas? If Best Buy has sparked fresh questions about your portfolio, now is the moment to line up your next moves and see what else stands out.  Target reliable income opportunities by reviewing 16 dividend fortresses that may suit investors who want cash returns as a key part of their portfolio. Spot potential value candidates early by scanning our screener containing 23 high quality undiscovered gems that many investors may not be watching yet. Prioritize resilience by checking 85 resilient stocks with low risk scores that could help you keep volatility in check while still staying invested.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.Valuation is complex, but we're here to simplify it.Discover if Best Buy might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2611157316","isCrawlerRequest":true}