BBY
Best Buy Co., Inc.
October 15, 2026 · market open
- Rarity
- 1.49
- Peak move
- +6.00%
- Float cap
- $17.3B
Best Buy Co., Inc. is a retailer of technology products and services, with operations in the U.S. and Canada. It offers computing and mobile phones, consumer electronics, appliances, entertainment products, and services such as advertising, delivery, health-related services, installation, memberships, repair, and technical support. It serves customers through online channels, retail stores, and in-home visits.
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What we found
12 events · 0 from SEC or newswire · 0 timed with the moveinstitutional_flowB.A. Schrock Wealth Management Inc. disclosed a new position of 23,536 Best Buy shares valued at approximately $2.06 million in its third-quarter 13F filing.
- Key event
spinoff_divestitureTata Consultancy Services completed its acquisition of 100% of BBY Services India LLP, Best Buy's India global capability centre, on Oct 15, 2026, making it a wholly owned TCS subsidiary, with terms and employee count undisclosed and plans to develop it into an AI-native capability centre.
institutional_flowMitchell & Pahl Private Wealth LLC disclosed a new position of 23,511 Best Buy shares valued at approximately $2.1 million in its Q3 13F filing.
- Key event
product_launchBest Buy Ads partnered with LG Ad Solutions to open LG's US TV home-screen and connected-TV advertising inventory to retail media advertisers, with Magnite handling programmatic transactions and Best Buy's closed-loop measurement linking ad exposure to purchases.
institutional_flowInvestment Planning Advisors Inc. disclosed a new 18,653-share Best Buy position valued at roughly $1.65 million in its Q3 13F filing.
- Key event
peer_disclosureCounterpoint Research reported global smartphone shipments fell 20% year-on-year in Q3 2026, the lowest for the period since 2012, as memory-driven cost inflation pushed up retail prices; Apple took 22% share and Samsung 23%.
institutional_flowSage Capital Advisors LLC disclosed a new stake of 20,793 Best Buy shares valued at approximately $1.84 million in its Q3 Form 13F filing.
institutional_flowStegent Equity Advisors Inc. disclosed a new 14,327-share Best Buy stake worth about $1.26 million in its Q3 13F filing; institutional investors collectively own 80.96% of the company.
commodity_eventDRAM and NAND contract prices kept climbing, with memory's share of a smartphone BOM rising from roughly 10% to as high as 30-40%, Q2 2026 mobile memory prices up over 80% quarter-on-quarter and DDR5 16GB modules up more than 300% year-on-year as AI datacentre demand absorbed HBM and server DRAM capacity.
operating_metricsIDC data showed global traditional PC shipments of 62.7 million units in Q3 2026, down 20.1% year-on-year and 9.1% sequentially, the second straight quarterly decline, with HP down 30.9%, Dell 25.0%, Lenovo 22.6%, Apple 11.3% and ASUS 8.6%.
peer_disclosureSamsung Electronics' Mobile eXperience division asked partners to cut Q4 2026 component supply volumes by 20-30%, potentially reducing phone production, amid the memory cost surge, per Korean media reports; Samsung did not confirm.
analyst_ratingBarclays raised its price target on Best Buy to $85 from $77 while maintaining a Buy rating.