Best Buy (BBY)
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-11-04
$99.40-1.93%
Close 2026-11-05 · 1-day change
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-11-04
QuarterlyIQ Insights · BBY
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 20.4% |
| Our one-year growth estimate | diamond | 12.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 8.4 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 11 industry peers
BBY — CFO transition
Dated 2026-06-22
Senior Executive Vice President, Chief Financial Officer and Enterprise Strategy — Matt Bilunas: Mr. Bilunas will depart the Company effective July 31, 2026.
Why it matters: This would indicate a slowdown in demand and challenge the company's growth outlook.
Worry ifQ3 sales growth was less than 1.0%.
Less concerning ifQ3 sales growth was more than 3.0%.
Why it matters: Online sales are important for Best Buy's total revenue. This is true, especially with competition.
Supportive ifDomestic online revenue growth reported at or above 1.4% in Q2.
Worry ifDomestic online revenue growth reported below 1.4% in Q2.
Why it matters: The new CFO, Anne Bramman, starts on August 19. Her decisions will shape Best Buy's financial future.
Watch forPositive financial metrics in Q3 FY27, such as EPS growth exceeding $6.60.
Also watch forQ3 FY27 financial metrics fall short of guidance, with EPS below $6.30.
Why it matters: This shows if the company is struggling with rising costs.
Worry ifQ3 operating income rate was below 4.1%.
Less concerning ifQ3 operating income rate was above 4.2%.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$159 on $10,000 · ±1.6% | How much price usually moves either way. |
| Bad day | $334 loss on $10,000 · 3.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,946 loss on $10,000 · 29.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: The new CFO's plan will shape Best Buy's financial direction and operational focus.
Supportive ifThe new CFO, Anne Bramman, announced strategic priorities.
Worry ifNo announcement or unclear direction from the new CFO.
Why it matters: Bonfig takes over as CEO during a year of stronger sales. His first outlook can show whether the current plan stays in place.
Watch forBonfig becomes CEO on November 1. The November 24 earnings update keeps or raises FY27 sales and adjusted EPS guidance.
Also watch forThe CEO start is delayed, or the November 24 update cuts FY27 sales or adjusted EPS guidance.
Why it matters: Keeping or raising operating income shows good cost control and profit.
Supportive ifQ2 adjusted operating income rate meets or exceeds 3.9% as guided.
Worry ifQ2 operating income rate is below 3.9%. This shows cost pressures.
Why it matters: Anne Bramman starts as CFO on August 19. Her financial strategies will impact Best Buy's performance.
Watch forQ2 results show adjusted diluted EPS over $1.50. This shows strong financial management.
Also watch forQ2 results show adjusted diluted EPS under $1.20. This suggests problems in financial oversight.
Why it matters: Management expects about 1.0% growth in comparable sales. This will show if the trend continues.
Watch forQ2 comparable sales growth is reported at 2.0% or more. This indicates strong demand.
Also watch forQ2 sales growth is below 0%. This shows less interest from consumers.
Why it matters: Reaching this target shows Best Buy's commitment to returning value to shareholders. It also reflects confidence in future cash flows.
Supportive ifTotal share repurchases reported at or above $300 million for FY27.
Worry ifTotal share buybacks were less than $300 million for FY27.
Why it matters: The new CFO's experience will shape Best Buy's financial strategy during a key leadership change.
Watch forA new CFO has been announced. They have strong experience in retail finance.
Also watch forFailure to appoint a new CFO by the end of July 2026.
Why it matters: Jason Bonfig takes over as CEO on November 1. His leadership will shape Best Buy's future direction.
Watch forBonfig has a clear growth plan. This leads to better sales and profit numbers.
Also watch forBonfig's plan does not connect well. This leads to falling sales or negative market reactions.
Why it matters: The new CFO will shape Best Buy's financial strategy. Their approach can impact growth and efficiency.
Watch forThe new CFO shares plans to make financial performance better.
Also watch forThe new CFO does not share clear plans or direction.
Why it matters: The new CFO, Anne Bramman, will shape Best Buy's finances. Her choices will impact spending and efficiency.
Watch forGood financial signs include higher operating income or EPS growth after she starts.
Also watch forThere are worse financial signs or poor guidance after her appointment.
Why it matters: The new CFO, Anne Bramman, may change financial plans and how the company runs. This could impact how investors feel.
Watch forGood financial results or better guidance after the CFO change.
Also watch forBad financial results or worse guidance after the CFO change.
Why it matters: The new CEO's vision will shape Best Buy's growth and operations.
Watch forJason Bonfig shares new priorities that lead to better performance.
Also watch forThere is no clear plan or performance improvement after the CEO change.