Why Best Buy's Stock Hit Its Highest Point in Over Two Years Today

Aug 29, 2024  · Best Buy updated its outlook for the full fiscal year Thursday, with total revenue projected between $41.3 billion to $41.9 billion, a lower top end than the previous projection of $42.6 billion ...


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Why Best Buy's Stock Hit Its Highest Point In Over Two Years Today

1 week from now

Aug 29, 2024  · Best Buy updated its outlook for the full fiscal year Thursday, with total revenue projected between $41.3 billion to $41.9 billion, a lower top end than the previous projection of $42.6 billion ...

investopedia.com

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Why Best Buy’s Stock Hit Its Highest Point In Over Two Years Today

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Aug 29, 2024  · Key Takeaways Best Buy shares rose 15% Thursday after the electronics retailer beat second-quarter estimates and lifted its profit projections for the year.Revenue and net …

marketcap.com

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Why Is Best Buy (BBY) Stock Soaring Today - Yahoo Finance

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Best Buy is up 30.4% since the beginning of the year, and at $100.98 per share, has set a new 52-week high. Investors who bought $1,000 worth of Best Buy’s shares 5 years ago would …

yahoo.com

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Why Is Best Buy (BBY) Stock Rocketing Higher Today - Yahoo …

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May 30, 2024  · Overall, this was a mixed quarter for Best Buy, but the commentary is a bright spot. Best Buy is up 3.5% since the beginning of the year, and at $80.13 per share it is trading …

yahoo.com

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Why Best Buy Stock Just Jumped 16.5% - Nasdaq

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Aug 29, 2024  · Best Buy (NYSE: BBY) stock is finally taking off! After lagging the stock market for much of the past year, Best Buy shares soared 16.5% through 10:15 a.m. ET after reporting a …

nasdaq.com

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Best Buy Shares Surge 11% On Earnings Beat Despite Sales Decline

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May 30, 2024  · Despite the earnings beat, revenue fell short of expectations, coming in at $8.85 billion against the consensus estimate of $8.97 billion. Best Buy's CEO, Corie Barry, attributed …

yahoo.com

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Best Buy's Stock Rises As It Lifts 2025 Profit Outlook

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Aug 29, 2024  · Best Buy's previous 2025 profit outlook was $5.75 a share to $6.20 a share. Best Buy said it expects 2025 same-store sales to drop by 1.5% to 3%. Including Thursday's …

morningstar.com

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Best Buy Stock Surges To 2-Year High On Upgrade

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Jul 1, 2013  · Credit Suisse resumed coverage of Best Buy with a buy rating and raised its price target to $40 from $32 on turnaround hopes. Shares were up 8.7% in midday trading in the …

investors.com

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Best Buy Stock Hits 12-Month High After Double Upgrade

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Jun 3, 2024 at 9:36 AM. BBY. Citigroup's double-upgrade to "buy" from "sell" comes off last week's earnings report. The shares of Best Buy Co Inc (NYSE:BBY) are up 1.1% to trade at …

schaeffersresearch.com

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Best Buy Stock Jumps After Reporting Earnings, Upbeat Sales …

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Nov 22, 2022  · Best Buy stock, the S&P 500's best performer, was recently up nearly 12%. It was on pace for its largest one-day percentage increase since May 2020, according to Dow Jones …

wsj.com

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BBY News Today | Why Did Best Buy Stock Go Up Today?

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6 days ago  · Conning Inc. reduced its holdings in shares of Best Buy Co., Inc. (NYSE:BBY - Free Report) by 7.6% in the third quarter, according to the company in its most recent 13F filing with …

marketbeat.com

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Why Best Buy Stock Is Up By 7% Today - Yahoo Finance

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Aug 24, 2021  · Shares of Best Buy gained strong upside momentum after the company released its second-quarter results. Best Buy reported revenue of $11.85 billion and GAAP earnings of …

yahoo.com

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Best Buy (BBY) Stock Price, News & Analysis - MarketBeat

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2 days ago  · Best Buy Co., Inc. (NYSE:BBY) announced its earnings results on Thursday, August, 29th. The technology retailer reported $1.34 EPS for the quarter, topping the consensus estimate of $1.16 by $0.18. The business's revenue for the quarter was down 3.1% on a year-over-year basis. Read the conference call transcript.

marketbeat.com

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Best Buy Co Inc Stock - WallStreetZen

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4 days ago  · How much is Best Buy Co stock worth today? (NYSE: BBY) Best Buy Co currently has 214,725,246 outstanding shares. With Best Buy Co stock trading at $90.20 per share, the …

wallstreetzen.com

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Why Bulls Are Placing Bets On Best Buy Stock

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Nov 20, 2023  · Ahead of the event, Best Buy stock was last seen 0.3% lower at $68.04. Despite adding 6.4% last week, the equity still faces pressure from its 60-day moving average that was …

schaeffersresearch.com

FAQs about Why Best Buy's Stock Hit Its Highest Point in Over Two Years Today Coupon?

Why did best buy stock rise 15% Thursday?

Best Buy shares rose 15% Thursday after the electronics retailer beat second-quarter estimates and lifted its profit projections for the year. Revenue and net income beat estimates for the quarter, despite declining comparable store sales. ...

Is Best Buy (BBY) a good stock to buy?

Best Buy (BBY) shares surged Thursday, reaching their highest point in more than two years, after its second-quarter earnings surpassed estimates and and the company said it expects to be more profitable than expected for the full fiscal year despite declining sales projections. ...

Why did best buy stock jump in August?

Shoppers at a Best Buy in Chicago in August. (Scott Olson/Getty Images) Shares of Best Buy jumped in early trading Tuesday after the retailer reported third-quarter results that were better than Wall Street expected. The company also boosted its fiscal-year sales outlook, offering some reason for optimism about the holiday shopping season. ...

Why did best buy stock jump 12% in the morning session?

Best Buy (NYSE:BBY) stock increased by 12% in the morning session after reporting first quarter results that beat analysts' gross margin and EPS expectations. However, its revenue missed the mark as its same-store sales fell by 6%, compared to the estimated 5% drop. ...

Should you buy best buy shares 5 years ago?

If you had bought $1,000 worth of Best Buy shares 5 years ago, your investment would now be worth $1,231. This illustrates the potential growth of Best Buy shares over the past 5 years. ...

How much did analysts expect from Best Buy?

Analysts surveyed by FactSet had been expecting $1.08 a share. Shares of Best Buy advanced after the company's spring-quarter earnings came in above analyst projections despite mixed demand trends for consumer electronics. The shares were recently up 11%, pulling them into the green for the year. ...

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