Bullish Case: Strong sales from new tech products, seasonal promotions, and evolving retail strategies may bolster Best Buy's short-term performance.


Bearish Case: Recent layoffs, increased competition, and customer shift to online shopping pose significant risks, potentially affecting revenues.


Potential Outcomes:

1. Sales lift from tech releases and promotions (40%).

2. Market share loss to online retailers (35%).

3. Marginal impact from layoffs and cost savings (25%).


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April 09, 2024


Best Buy Forecast

BBY        Best Buy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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