Best Buy jumps after Q4 profit beat and dividend hike, despite cautious outlook

Best Buy Co. (BBY) is up 5.3% today. Here is some analysis on what might have caused this price movement.

Analysis: Best Buy appears to be rising after reporting fiscal Q4 results that showed better-than-expected profitability, alongside a modest dividend increase. Even though revenue, comparable sales, and the company’s forward outlook were not especially strong, investors seem to be rewarding margin resilience and shareholder-return signals.

Details:

Best Buy posted adjusted diluted EPS of $2.61 for fiscal Q4, ahead of Wall Street expectations cited in market coverage.

Revenue was about $13.81 billion and enterprise comparable sales fell 0.8%, with category weakness in areas such as home theater and appliances offset partly by strength in computing and mobile phones.

Best Buy’s board approved a 1% increase in the quarterly cash dividend to $0.96 per share (payable April 14, 2026; record date March 24, 2026).

For the new fiscal year, Best Buy guided to adjusted diluted EPS of $6.30 to $6.60 and revenue of $41.2 billion to $42.1 billion, framing expectations for a mixed demand environment.

Sources:

Seeking Alpha, MarketWatch, Associated Press

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BBY Insider Trading Activity

$BBY insiders have traded $BBY stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.

Here’s a breakdown of recent trading of $BBY stock by insiders over the last 6 months:

RICHARD M SCHULZE has made 0 purchases and 10 sales selling 1,731,093 shares for an estimated $141,137,445.
MATHEW WATSON (SVP, Controller & CAO) sold 2,018 shares for an estimated $154,907

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$BBY Hedge Fund Activity

We have seen 484 institutional investors add shares of $BBY stock to their portfolio, and 429 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 6,742,850 shares (-68.3%) from their portfolio in Q4 2025, for an estimated $451,298,950
SCHRODER INVESTMENT MANAGEMENT GROUP added 2,449,342 shares (+378.8%) to their portfolio in Q4 2025, for an estimated $163,934,460
AQR CAPITAL MANAGEMENT LLC added 2,160,968 shares (+30.9%) to their portfolio in Q4 2025, for an estimated $144,633,588
PACER ADVISORS, INC. removed 1,998,886 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $133,785,439
UBS GROUP AG added 1,970,008 shares (+95.7%) to their portfolio in Q4 2025, for an estimated $131,852,635
JPMORGAN CHASE & CO added 1,581,249 shares (+33.6%) to their portfolio in Q4 2025, for an estimated $105,832,995
WORLDQUANT MILLENNIUM ADVISORS LLC added 1,190,003 shares (+284.9%) to their portfolio in Q4 2025, for an estimated $79,646,900

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$BBY Analyst Ratings

Wall Street analysts have issued reports on $BBY in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Guggenheim issued a "Buy" rating on 11/26/2025
Telsey Advisory Group issued a "Outperform" rating on 11/26/2025
Jefferies issued a "Buy" rating on 11/25/2025
JP Morgan issued a "Overweight" rating on 11/14/2025

To track analyst ratings and price targets for $BBY, check out Quiver Quantitative's $BBY forecast page.

$BBY Price Targets

Multiple analysts have issued price targets for $BBY recently. We have seen 13 analysts offer price targets for $BBY in the last 6 months, with a median target of $76.0.

Here are some recent targets:

Matthew McCartney from Wedbush set a target price of $70.0 on 02/24/2026
Joseph Feldman from Telsey Advisory Group set a target price of $95.0 on 02/24/2026
Peter Keith from Piper Sandler set a target price of $71.0 on 02/23/2026
Zachary Fadem from Wells Fargo set a target price of $70.0 on 02/18/2026
Greg Melich from Evercore ISI Group set a target price of $70.0 on 02/03/2026
Christopher Horvers from JP Morgan set a target price of $76.0 on 02/02/2026
An analyst from Truist Securities set a target price of $73.0 on 01/16/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.