What's Going On With Best Buy Stock Today?
1. BBY reported Q2 2026 earnings of $1.28, exceeding expectations. 2. Sales rose 1.6% YoY to $9.44 billion, also outperforming projections. 3. JPMorgan raised BBY's price target from $88 to $89, maintaining an Overweight rating. 4. Analyst expects average selling prices to rise with AI integration in products. 5. BBY's operational margin is projected to increase, potentially reaching 6%.