These Analysts Revise Their Forecasts On Best Buy After Q1 Results
1. Best Buy's Q1 sales fell 1% to $8.77 billion, missing estimates. 2. Adjusted earnings of $1.15 missed consensus of $1.31 per share. 3. Company lowered fiscal 2026 earnings and sales guidance significantly. 4. Analysts adjusted price targets downward from $64 to $95. 5. Shares fell 0.5% post-earnings announcement to $65.98.