Best Buy stock falls after a $8.94 billion quarter
Published on 08/18/2026 at 12:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Best Buy Co., Inc. (ISIN: US0865161014) stock closed at $85.44 on August 17, 2026, after a 1.13% decline, while the company's latest quarter delivered $8.94 billion in revenue and $1.28 in earnings per share. The combination keeps the retailer in the market's crosscurrents as investors weigh the last reported numbers against the next earnings date of August 27, 2026.
Quarter numbers still matter
The latest reported quarter ended May 3, 2026, and showed revenue up 1.9% year over year to $8.94 billion, while EPS rose from $1.15 a year earlier to $1.28. That is a 13.0% increase in EPS, a quantified beat against the prior year that still anchors sentiment around the stock.
Market data also matters. Best Buy's market value stood at $18.21 billion on August 17, 2026, and the shares traded within a $85.13 to $87.55 range during the session, giving investors a tight frame around the post-earnings setup.
Guidance and consensus
Analyst coverage points to full-year EPS of 6.56, while the current consensus rating sits at Hold with an average target price of $82.70. That target is below the latest close, which leaves valuation and execution more important than headline momentum.
The business itself remains centered on consumer electronics, appliances, gaming, and connected-home products, with the report showing a net margin of 2.73% and return on equity of 48.70%. Those margins help explain why even a modest revenue increase can still matter for the equity story.
Products on the shelf
Best Buy's assortment still includes computers, mobile phones, televisions, home theater systems, major appliances, smart-home devices, and gaming hardware. For the stock, that mix matters because demand trends in a few high-ticket categories can shift revenue and margin performance quickly.
Trading view
Best Buy shares ended the session at $85.44 on August 17, 2026, with intraday market capitalization at $18.21 billion. The stock's latest move keeps attention on the August 27, 2026 earnings date and on whether the next report can extend the recent EPS gain.
Fact box
Company: Best Buy Co., Inc.
ISIN: US0865161014
Ticker: BBY
Exchange: NYSE
Price (as of August 17, 2026, 4:00 p.m. ET): $85.44 USD
Market cap: $18.21 billion (as of August 17, 2026)
Sector / Industry: Consumer Discretionary / Specialty Retail
Index membership: S&P 500
Next earnings date: August 27, 2026
