BBY Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Best Buy's digital and omnichannel strategies, coupled with a resurgence in consumer electronics demand, point to potential growth. Recent call option interest suggests positive market sentiment.




Bearish Case: Intense competition from online retailers and supply chain disruptions pose challenges. High volatility signals market unease, aggravating potential downside risks.




Potential Outcomes:

1. Resilient digital sales maintain revenue (45%).

2. Increased competition pressures margins (35%).

3. Strategic shifts yield modest growth (20%).



April 30, 2025


Best Buy Forecast

BBY        Best Buy











Correlated Assets

Assets that tend to move strongly with BBY



ZETA Forecast + Options Trading Strategies   ZETA  Zeta Global Holdings Corp (0.73)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (0.68)


MBUU Forecast + Options Trading Strategies   MBUU  Malibu Boats (0.67)


GRBK Forecast + Options Trading Strategies   GRBK  Green Brick (0.66)


RVMD Forecast + Options Trading Strategies   RVMD  Revolution Medicines (0.64)



Uncorrelated Assets

Assets with little price relationship to BBY



TIGR Forecast + Options Trading Strategies   TIGR  UP Fintech (-0.0)


ADP Forecast + Options Trading Strategies   ADP  Automatic Data Processing (0.0)


DDD Forecast + Options Trading Strategies   DDD  3D Systems (-0.0)


CLW Forecast + Options Trading Strategies   CLW  Clearwater Paper (-0.0)


WMG Forecast + Options Trading Strategies   WMG  Warner Music (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against BBY



DAN Forecast + Options Trading Strategies   DAN  Dana (-0.43)


BB Forecast + Options Trading Strategies   BB  BlackBerry (-0.43)


TARA Forecast + Options Trading Strategies   TARA  Protara Therapeutics (-0.53)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.55)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.63)









Become a more profitable investor with AI optimized trading strategies






×

Chat with BBY


 Ask any question about BBY!