Best Buy Stock Future Price Prediction


USD 81.23  1.16  1.41%   

Best Buy stock price prediction is an act of determining the future value of Best Buy shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Best Buy's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Best Buy and does not consider all of the tangible or intangible factors available from Best Buy's fundamental data. We analyze noise-free headlines and recent hype associated with Best Buy Company, which may create opportunities for some arbitrage if properly timed.
Continue to Best Buy Basic Forecasting Models to cross-verify your projections.
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Best Buy based on different types of headlines from major news networks to social media. The Best Buy stock price prediction module provides an analysis of price elasticity to changes in media outlook on Best Buy over a specific investment horizon.
Quarterly Earnings Growth YOY
EPS Estimate Current Year
EPS Estimate Next Year
Wall Street Target Price
EPS Estimate Current Quarter
Quarterly Revenue Growth YOY
Using Best Buy hype-based prediction, you can estimate the value of Best Buy Company from the perspective of Best Buy response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Best Buy using Best Buy's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Best Buy using crowd psychology based on the activity and movement of Best Buy's stock price.
Enterprise Value over EBIT is likely to rise to 9.93 in 2022

Best Buy Short Interest

A significant increase or decrease in Best Buy's short interest from the previous month could be a good indicator of investor sentiment towards Best Buy. Short interest can provide insight into the potential direction of Best Buy stock and how bullish or bearish investors feel about the market overall. An investor who is long Best Buy may also wish to track short interest. As short interest increases, investors should be becoming more worried about Best Buy and may potentially protect profits, hedge Best Buy with its derivative instruments, or be ready for some potential downside.
200 Day MA
Short Percent
Short Ratio
Shares Short Prior Month
7.5 M
50 Day MA
Shares Short
6.8 M

Best Buy Hype to Price Pattern

Investor biases related to Best Buy's public news can be used to forecast risks associated with investment in Best Buy. The trend in average sentiment can be used to explain how an investor holding Best Buy can time the market purely based on public headlines and social activities around Best Buy Company. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Best Buy's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Best Buy.

Best Buy Implied Volatility

Best Buy's implied volatility exposes the market's sentiment of Best Buy Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Best Buy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Best Buy stock will not fluctuate a lot when Best Buy's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Best Buy. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Best Buy to buy its stock at a price that has no basis in reality. In that case, they are not buying Best Buy because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Best Buy after-hype prediction price

  $ 81.11  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Best Buy contract

Based on the Rule 16, the options market is currently suggesting that Best Buy Company will have an average daily up or down price movement of about 2.54% per day over the life of the 2022-12-02 option contract. With Best Buy trading at $81.23, that is roughly $2.07. If you think that the market is fully incorporating Best Buy's daily price movement you should consider acquiring Best Buy Company options at the current volatility level of 40.68%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Best Buy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Best Buy in the context of predictive analytics.
LowReal ValueHigh
LowNext ValueHigh
17 Analysts
LowTarget PriceHigh
Estimates (12)
LowProjected EPSHigh
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Best Buy. Your research has to be compared to or analyzed against Best Buy's peers to derive any actionable benefits. When done correctly, Best Buy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Best Buy.

Best Buy After-Hype Price Prediction Density Analysis

As far as predicting the price of Best Buy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Best Buy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Best Buy, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Best Buy Estimiated After-Hype Price Volatility

In the context of predicting Best Buy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Best Buy's historical news coverage. Best Buy's after-hype downside and upside margins for the prediction period are 77.93 and 84.29, respectively. We have considered Best Buy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 81.23
After-hype Price
Best Buy is very steady asset. Analysis and calculation of next after-hype price of Best Buy is based on 3 months time horizon.

Best Buy Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Best Buy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Best Buy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Best Buy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.22  3.18   0.12    0.23  7 Events / Month5 Events / MonthIn about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility

Best Buy Hype Timeline

On the 27th of November Best Buy is traded for 81.23. The entity has historical hype elasticity of -0.12 and average elasticity to hype of competition of -0.23. Best Buy is forecasted to decline in value after the next headline with the price expected to drop to 81.11. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next newsis expected to be -0.15% whereas the daily expected return is currently at 0.22%. The volatility of related hype on Best Buy is about 305.35% with expected price after next announcement by competition of 81.0. About 81.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.57. Best Buy recorded earning per share (EPS) of 7.47. The entity last dividend was issued on the 19th of September 2022. The firm had 3:2 split on the 4th of August 2005. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days.
Continue to Best Buy Basic Forecasting Models to cross-verify your projections.

Best Buy Related Hype Analysis

Having access to credible news sources related to Best Buy's direct competition is more important than ever and may enhance your ability to predict Best Buy's future price movements. Getting to know how Best Buy rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Best Buy may potentially react to the hype associated with one of its peers.

Best Buy Additional Predictive Modules

Most predictive techniques to examine Best Buy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Best Buy using various technical indicators. When you analyze Best Buy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Best Buy Predictive Indicators

The successful prediction of Best Buy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Best Buy Company, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Best Buy based on analysis of Best Buy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Best Buy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Best Buy's related companies.
 2010 2014 2022 (projected)
Long Term Debt to Equity0.40.360.38
Interest Coverage11.431.3972.46

Story Coverage note for Best Buy

The number of cover stories for Best Buy depends on current market conditions and Best Buy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Best Buy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Best Buy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Best Buy Short Properties

Best Buy's future price predictability will typically decrease when Best Buy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Best Buy Company often depends not only on the future outlook of the potential Best Buy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Best Buy's indicators that are reflective of the short sentiment are summarized in the table below.
Last Dividend Date19th of September 2022
Shares Percent Shares Out3.13%
Trailing Annual Dividend Rate3.34
Short Percent Of Float4.06%
Float Shares201.14M
Average Daily Volume Last 10 Day4.47M
Shares Short Prior Month9.36M
Average Daily Volume In Three Month3.05M
Date Short Interest31st of October 2022
Continue to Best Buy Basic Forecasting Models to cross-verify your projections. Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Best Buy price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
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Is Best Buy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Best Buy. If investors know Best Buy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Best Buy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
18.3 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Best Buy is measured differently than its book value, which is the value of Best Buy that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Best Buy's market value can be influenced by many factors that don't directly affect Best Buy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine Best Buy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.