Best Buy Co. (BBY) Earnings Analysis

Best Buy Co. (BBY) delivered mixed results in Q1 FY2027 on revenue of $8.9B versus the $8.8B estimate (+1.9% YoY) and EPS of $1.28. The next Best Buy Co. (BBY) earnings date is Aug 27, 2026. Below is the full Best Buy Co. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Best Buy Co. (BBY) Earnings Analysis — key stats

Next earnings dateAug 27, 2026
Latest reported quarterQ1 FY2027
Earnings verdictMixed
EPS beat rate7 of last 8 (quarters above estimate)
Avg next-day move±9.9% (over the last 8 reports)
Post-earnings directionUp 4 / Down 4 (of the last 8 reports)
Implied move (next report)±6.8% (options-derived · into Aug 27, 2026)
Institutional ownership70.3% (13F as of 2026-06-30)
Top 10 holders46.4% (of shares outstanding)
Insider activity1 buys / 11 sells (recent Form 4 filings)
Revenue$8.9B (vs $8.8B est · +1.3% surprise · +1.9% YoY)
EPS$1.28 (vs $1.23 est · +4.1% surprise · +37.9% YoY)
Share price$86.42 (+1.3%)
Market cap$18.2B

Best Buy Co. (BBY) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q1 FY2027$8.9B vs $8.8B est$1.28 vs $1.23 est+4.1%+20.8%Mixed
Q1 FY2027$13.8B vs $13.9B est$2.61 vs $2.46 est+6.1%+9.4%Mixed
Q3 FY2026$9.7B vs $9.6B est$1.40 vs $1.31 est+6.9%+7.1%Mixed
Q2 FY2026$9.4B vs $9.2B est$1.28 vs $1.21 est+5.8%-2.4%Beat
Q1 FY2026$8.8B vs $8.8B est$1.15 vs $1.10 est+4.5%-7.3%Mixed
Q1 FY2026$13.9B vs $13.7B est$2.58 vs $2.41 est+7.1%-12.9%Mixed
Q3 FY2025$9.4B vs $9.6B est$1.26 vs $1.30 est-3.1%-5.2%Mixed
Q2 FY2025$9.3B vs $9.2B est$1.34 vs $1.16 est+15.5%+14.4%Mixed

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.12.1%25.5M$1.9B+0.2%
State Street Corp6.7%14.0M$1.1B+6.4%
Vanguard Capital Management LLC6.1%12.9M$980.9M+1.1%
Undisclosed filer4.4%9.2M$699.6M-5.6%
Geode Capital Management, LLC3.8%8.0M$617.9M+3.8%
Charles Schwab Investment Management INC3.3%6.9M$521.5M+11.4%
Sixth Street Partners Management Company, L.P.3.3%6.9M$521.5M+100.0%
Invesco Ltd.2.4%5.1M$385.1M-7.7%
Jpmorgan Chase & CO2.3%4.8M$376.1M-5.7%
Goldman Sachs Group INC2.1%4.4M$335.4M+7.6%

Recent insider transactions

InsiderRoleDateTypeSharesValue
Watson Mathewofficer: SVP, Controller & CAO2026-07-20Buy6K
SCHULZE RICHARD Mother: Chairman Emeritus2026-07-13Sell12K$969119
SCHULZE RICHARD Mother: Chairman Emeritus2026-07-13Sell252K$20.6M
SCHULZE RICHARD Mother: Chairman Emeritus2026-07-13Sell336K$27.7M
SCHULZE RICHARD Mother: Chairman Emeritus2026-07-14Sell42K$3.5M
SCHULZE RICHARD Mother: Chairman Emeritus2026-07-14Sell62K$5.0M
SCHULZE RICHARD Mother: Chairman Emeritus2026-07-14Sell88K$7.2M
SCHULZE RICHARD Mother: Chairman Emeritus2026-07-14Sell108K$8.9M

What you'll find

Frequently asked questions

When is Best Buy Co.'s next earnings date?
Best Buy Co.'s (BBY) next scheduled earnings date is Aug 27, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Best Buy Co. (BBY) beat or miss earnings?
In Q1 FY2027, Best Buy Co. (BBY) posted mixed results — revenue of $8.9B versus the $8.8B estimate (+1.3% surprise) and EPS of $1.28 versus $1.23 expected (+4.1% surprise). Magnisto decodes every Best Buy Co. (BBY) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Best Buy Co. beat earnings estimates?
Over its last 8 reported quarters, Best Buy Co. (BBY) beat Wall Street EPS estimates 7 times, most recently a mixed result in Q1 FY2027. Magnisto tracks every Best Buy Co. (BBY) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Best Buy Co. stock move after earnings?
Over its last 8 quarterly reports, Best Buy Co. (BBY) moved an average of ±9.9% the day after earnings — ranging from -12.9% (Q1 FY2026) to +20.8% (Q1 FY2027). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Aug 27, 2026, options-implied volatility is pricing in a move of roughly ±6.8% (derived). Magnisto tracks the realized post-earnings move for every Best Buy Co. (BBY) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Best Buy Co.?
Institutions hold about 70.3% of Best Buy Co.'s (BBY) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (12.1%), State Street Corp (6.7%), Vanguard Capital Management LLC (6.1%). Magnisto lists Best Buy Co.'s (BBY) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Best Buy Co. (BBY)?
In the most recent Form 4 filings Magnisto tracks, Best Buy Co. (BBY) insiders recorded 1 purchase and 11 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Best Buy Co. (BBY) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Best Buy Co. (BBY), anchored to the current $86.42 share price, so you can weigh the bull, base and bear cases for Best Buy Co. side by side.
Is Best Buy Co. (BBY) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Best Buy Co. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.