Rating Change
Piper Sandler reiterated its Neutral rating on Best Buy Co., Inc. (NYSE:BBY) on August 20, 2026.
reiterateNYSE:BBY
Piper Sandler Reiterates Neutral Rating on Best Buy Co., Inc. (BBY)
Piper Sandler reiterated its Neutral rating on Best Buy Co., Inc. (NYSE:BBY) on August 20, 2026.
At publication ·
What changed
Best Buy Co., Inc. (NYSE:BBY) · reiterate
- Firm
- Piper Sandler
- Rating
- Neutral to Neutral
- Price at event
- $85.73
- Market capitalization
- $15.8B
At a glance
Key takeaways
- Piper Sandler reiterated a Neutral rating on Best Buy (BBY) on August 20, 2026, with the stock trading at $85.73 and a market capitalization of $15.8 billion.
Market Context
Best Buy Co., Inc. operates in the Consumer Cyclical sector. The stock currently trades at $85.73 with a market capitalization of $15.8B. The stock has gained 8.1% over the past 52 weeks.
Analyst coverage from Piper Sandler provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Best Buy Co., Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Best Buy Co., Inc.
Among the 10 most recent ratings: 3 Buy, 6 Hold, 1 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 20, 2026 | Piper Sandler | Neutral | N/A |
| Aug 13, 2026 | Citigroup | Neutral | N/A |
| Aug 11, 2026 | Wells Fargo | Equal-Weight | N/A |
| Aug 11, 2026 | Truist Securities | Buy | N/A |
| Aug 05, 2026 | Jefferies | Hold | N/A |
Related Tools: Analyst Ratings Dashboard | View BBY Stock Page
Frequently Asked Questions
What does the Neutral rating mean for BBY?
A rating of Neutral from Piper Sandler reflects the analyst's outlook on Best Buy Co., Inc. (NYSE:BBY). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the BBY forecast page.
