Best Buy posted third quarter earnings that crushed analysts’ expectations.
The consumer electronics retail company’s adjusted earnings for the quarter came in at $1.38, well above analysts’ expectations of $1.03 per share.
Revenue of $10.59 billion also topped consensus of $10.31 billion expected.
Comparable sales decreased by -10.4%, less sharp vs. - 12.9% that analysts expected( according to FactSet) . Best Buy’s Chief Financial Officer Matt Bilunas had anticipated a more than -12.1% drop in the second quarter.
During a call with investors, CEO Corie Barry said sales decreased across most of Best Buy’s product categories and the largest decrease was experienced by computing and home theater. However, she also mentioned that compared to the same quarter in 2019, its computing revenue is +23% higher and its appliances revenue remains +37% higher (according to a CNBC report).
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Following a +2.12% 3-day Advance, the price is estimated to grow further. Considering data from situations where BBY advanced for three days, in 205 of 306 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.
The Aroon Indicator entered an Uptrend today. In 116 of 187 cases where BBY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 62%.
The Momentum Indicator moved below the 0 level on September 28, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BBY as a result. In 57 of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 66%.
The Moving Average Convergence Divergence Histogram (MACD) for BBY turned negative on September 25, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 61 similar instances when the indicator turned negative. In 50 of the 61 cases the stock turned lower in the days that followed. This puts the odds of success at 82%.
BBY moved below its 50-day moving average on October 06, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BBY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 70%.
BBY broke above its upper Bollinger Band on September 14, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Valuation Rating of 17 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.924) is normal, around the industry mean (2.222). P/E Ratio (14.960) is within average values for comparable stocks, (243.370). Projected Growth (PEG Ratio) (1.682) is also within normal values, averaging (1.159). Dividend Yield (0.043) settles around the average of (0.018) among similar stocks. P/S Ratio (0.464) is also within normal values, averaging (1.057).
The Tickeron SMR rating for this company is 24 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 41 (best 1 - 100 worst), indicating steady price growth. BBY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 74 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BBY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a retailer of consumer electronics, entertainment software and appliances
Industry SpecialtyStores