Best Buy Names Insider Jason Bonfig as New CEO
Best Buy names Jason Bonfig CEO on Oct 31, replacing Corie Barry as sales slow; focus shifts to online, ads, services.
/ 6 items
#BBY↓
Goldman Sachs Double Downgrades Best Buy to Sell, Cuts Price Target to $59
Goldman Sachs cut Best Buy to Sell, citing rising costs, weak demand, and slower growth hurting future sales and profits.
GameStop Puts $700 Million in Play – Is a Major Deal Coming?
Ryan Cohen just set aside $700M cash as collateral for big derivative bets. Analysts say he's likely starting a major consumer-sector acquisition he hinted at.
Best Buy Surprises Wall Street with Strong Q4 Profits Despite Weaker Sales
Best Buy's fourth-quarter results show strong profits topping analyst estimates, with a slight sales decline but positive outlook for FY27.
JPMorgan Downgrades Best Buy, Warns of Tough Q4 Ahead
JPMorgan cuts Best Buy to Neutral and lowers its price target to $76, citing a tough Q4 outlook and limited growth drivers.
Best Buy Lifts 2026 Forecast as Holiday Tech Demand Surges
Best Buy raises its annual sales and profit outlook after strong Q3 results, boosted by demand for laptops, smartphones, and gaming devices.