Best Buy stock gains 2.10 percent near its yearly high

Best Buy Co., Inc. (US0865161014) traded at USD 95.17 on the NYSE on September 22, 2026, up USD 1.96 or 2.10 percent from the prior close. The price stood below the 52-week high of USD 95.85 and well above the 52-week low of USD 55.10, giving the retailer a clear market-driven headline for investors.

Quarterly revenue reaches USD 9.78 billion

The latest reported quarter delivered revenue of USD 9.78 billion and EPS of USD 1.47, according to MarketBeat on September 23, 2026, citing Best Buy's quarterly results for the quarter reported on August 27, 2026. EPS exceeded the consensus estimate of USD 1.39 by USD 0.08, while revenue came in above the USD 9.59 billion estimate by USD 0.19 billion.

The year-on-year comparison also points to improvement in the reported quarter: EPS increased from USD 1.28 to USD 1.47, while revenue rose 3.6 percent, as reported by MarketBeat on September 23, 2026. The reported net margin was 3.01 percent, showing that the earnings improvement remains linked to a relatively narrow retail profitability base.

Guidance and valuation set the frame

Best Buy's FY 2027 EPS guidance stands at USD 6.70 to USD 6.90, while the cited full-year analyst estimate is USD 6.82, according to MarketBeat on September 23, 2026. The midpoint of the guidance range is USD 6.80, only USD 0.02 below that estimate, so the key issue is execution against a tightly defined earnings corridor rather than a wide guidance reset.

MarketBeat also reported an average analyst rating of Hold and an average target price of USD 85.40 on September 23, 2026. Against the USD 95.17 market price recorded on September 22, 2026, that average target is USD 9.77 lower, a gap of about 10.3 percent. The contrast between a price near the 52-week high and a consensus target below the market level creates the article's central tension without constituting a trading recommendation.

Dividend date adds a near term checkpoint

The company declared a quarterly dividend of USD 0.96 per share, with payment scheduled for October 8, 2026, according to MarketBeat on September 23, 2026. The annualized dividend is USD 3.84 and the reported yield is 4.0 percent, while the next estimated earnings date shown by Yahoo Finance is November 24, 2026.

Best Buy stock closed at USD 95.17 on the NYSE on September 22, 2026, with a market capitalization of USD 19.55 billion and volume of 1,286,798 shares reported for that market snapshot. The 52-week range of USD 55.10 to USD 95.85 places the closing price USD 0.68 below the upper boundary.

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