What is Jefferies's price target for BBY?

Jefferies's latest stated price target for Best Buy Co. Inc. (BBY) is $85, from its action on Aug 5, 2026.

What is Jefferies's rating on BBY?

Jefferies rates BBY Hold, a neutral rating, as of Aug 5, 2026.

When did Jefferies last change its view on BBY?

On Aug 5, 2026, Jefferies downgrades to Hold from Buy, price target $85.

Jefferies BBY price target and rating history

Best Buy Co. Inc. (BBY) · Consumer Discretionary

Jefferies rates Best Buy Co. Inc. (BBY) Hold with a $85 price target, as of its latest action on Aug 5, 2026. It has published 7 rating actions on BBY since August 2021, including 1 upgrade and 2 downgrades. Across 8 firms with a BBY price target in the last 12 months, the median target is $85.50. Jefferies's $85 is 1% below that.

Current rating: Hold
Price target: $85
Median target, all firms: $85.50
Actions on BBY: 7

Jefferies price target on BBY

Jefferies price target on BBY, each point a stated target, August 2021 to August 2026.

Every Jefferies rating on BBY

Aug 5, 2026
DowngradeJefferies downgrades to Hold from Buy, price target $85
Apr 8, 2024
ReiterateJefferies cuts its price target to $94 from $95, keeps Buy
Dec 11, 2023
UpgradeJefferies upgrades to Buy from Hold, price target $69 to $89
Jul 28, 2022
DowngradeJefferies downgrades to Hold from Buy, price target $106 to $71
Mar 4, 2022
ReiterateJefferies raises its price target to $140 from $137, keeps Buy
Nov 24, 2021
ReiterateJefferies cuts its price target to $137 from $145, keeps Buy
Aug 25, 2021
ReiterateJefferies raises its price target to $145 from $136, keeps Buy

How other firms rate BBY

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
DA Davidson	Neutral	$95	Sep 8, 2026
Truist Securities	Buy	$95	Aug 11, 2026
Jefferies	Hold	$85	Aug 5, 2026
Telsey Advisory Group	Outperform	$95	Aug 4, 2026
BofA Securities	Underperform	$80	Aug 3, 2026
Loop Capital	Hold	$82	Jul 13, 2026
UBS	Neutral	$86	May 29, 2026
Goldman Sachs	Sell	$59	Apr 13, 2026

Questions about Jefferies and BBY

What is Jefferies's price target for BBY?: Jefferies's latest stated price target for Best Buy Co. Inc. (BBY) is $85, from its action on Aug 5, 2026.
What is Jefferies's rating on BBY?: Jefferies rates BBY Hold, a neutral rating, as of Aug 5, 2026.
When did Jefferies last change its view on BBY?: On Aug 5, 2026, Jefferies downgrades to Hold from Buy, price target $85.
How does Jefferies's BBY target compare with other analysts?: Across 8 firms with a BBY price target in the last 12 months, the median target is $85.50. Jefferies's $85 is 1% below that.

More BBY rating histories

All Jefferies ratings BBY news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.