Best Buy Faces Sales Challenges in FY26 Due to Tough Comps and Housing Slump: Analyst

Monday, Feb 2, 2026 9:23 am ET1min read
BBY--

Best Buy is expected to face challenges in FY26 due to tough comparables to 2025 and a sluggish housing market, according to J.P. Morgan analyst Christopher Horvers. Despite anticipated sales boosts from 2025 tax refunds and hardware updates, the company may struggle to offset these factors. Horvers downgraded Best Buy's rating.

Best Buy Faces Sales Challenges in FY26 Due to Tough Comps and Housing Slump: Analyst

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