Best Buy stock tumbles 15% despite upbeat quarterly figures

Open account Download free app

Best Buy (BBY.US) stock plunged more than 15.0% during today's session, despite the fact that the electronics retailer posted solid quarterly figures. Company earned $2.08 per share, above analysts' expectations of $1.91 per share. Revenue of $11.91 billion also beat market projections of $11.56 billion, however Best Buy forecast weaker same-store sales over the holiday period as it faces possible product shortages. For the holiday quarter, the company predicted sales of $16.4 billion to $16.9 billion. The midpoint of $16.65 billion is below Wall Street's target of $16.72 billion for the fiscal fourth quarter, according to FactSet. In the year-earlier period, Best Buy generated sales of $16.94 billion.

Best Buy (BBY.US) stock launched today's session with a massive bearish price gap and is currently testing 200 SMA (red line). Should break lower occur, the next target for sellers is located at $106.60 level which is marked with 38.2% Fibonacci retracement of the upward wave launched back in March 2020. On the other hand, if buyers manage to halt declines here, then another u[ward impulse towards resistance at $120.00 may be launched. Source: xStation5

1 April 2026, 7:44 AM

AU200.cash: mixed signals from the Australian economy ⚔️

31 March 2026, 5:25 PM

Oracle is laying off thousands of employees — AI is replacing jobs🤖

31 March 2026, 3:52 PM

BREAKING: IRGC threatens to attack Microsoft, Apple, and Alphabet ⚔️

31 March 2026, 2:11 PM

Marvell Gains as NVIDIA Injects $2 Billion

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days