How to buy Best Buy shares

Best Buy shares have increased 0.13% from their previous closing price ($82.17). Learn how to easily invest in Best Buy shares in the UK.

Best Buy Co. Inc (BBY) is a publicly traded specialty retail business based in the US which employs around 85,000 staff. Best Buy is listed on the NYSE and traded in US dollars. Its current price of $82.28 is 5.4% down on its price a month ago ($86.94).

How to buy shares in Best Buy

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. BBY in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Our top picks for where to buy Best Buy shares

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Fees calculator for buying Best Buy shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

12
Platform Finder Score Account fee Min. initial deposit Trade cost Link
eToro Free Stocks logo
4.3 ★★★★★
£0 $100 £785.90
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Saxo Share Dealing Account logo
4.3 ★★★★★
0.12% per year £0 £776.36
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XTB logo
4.4 ★★★★★
£0 £0 £778.16
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CMC Invest share dealing account logo
4.4 ★★★★★
£0 £0 £778.16
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Hargreaves Lansdown Fund and Share Account logo
4.2 ★★★★★
£0 £1 £793.98
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Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Best Buy

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Best Buy), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Best Buy is a major part of the NYSE, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Fund5-year performance (to May 2024)Link to invest
Invesco S&P 500 (SPXP)Invesco icon102.77%Invest with XTBCapital at risk
Xtrackers S&P 500 Swap (XSPX)DWS Xtrackers icon102.19%Invest with XTBCapital at risk
Vanguard S&P 500 (VUSA)Vanguard icon100.35%Invest with XTBCapital at risk
iShares Core S&P 500 (CSP1)iShares icon100.34%Invest with XTBCapital at risk
SPDR S&P 500 ETF (SPX5)SPDR icon100.01%Invest with XTBCapital at risk
HSBC S&P 500 (HSPX)HSBC icon101.10%Invest with XTBCapital at risk
Fund5-year performance (to May 2024)Link to invest
Vanguard FTSE 250 UCITS ETF Distributing (VMID)Vanguard icon22.84%Invest with XTBCapital at risk
Invesco FTSE 250 UCITS ETF (S250)Invesco icon21.86%Invest with HLCapital at risk
Xtrackers FTSE 250 UCITS ETF 1D (XMCX)DWS Xtrackers icon20.95%Invest with XTBCapital at risk
HSBC FTSE 250 UCITS ETF GBP (HMCX)HSBC icon20.80%Invest with XTBCapital at risk
iShares FTSE 250 UCITS ETF (MIDD)iShares icon20.69%Invest with eToroCapital at risk

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Best Buy stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Best Buy's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of BBY stock over time.

Historical closes compared with the last close of $82.28

1 week (2024-06-25)-2.35%
1 month (2024-06-02)-5.36%
3 months (2024-04-02)3.74%
6 months (2024-01-02)9.08%
1 year (2023-07-02)0.13%
2 years (2022-06-30)23.23%
3 years (2021-07-01)-28.85%
5 years (2019-07-02)14.33%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Best Buy under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Best Buy P/E ratio, PEG ratio and EBITDA.

Best Buy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Best Buy's shares trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Best Buy's P/E ratio is best considered in relation to those of others within the industry or those of similar companies.

Best Buy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4393. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Best Buy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider Best Buy's PEG ratio in relation to those of similar companies.

Best Buy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $2.7 billion (£2.1 billion).

The EBITDA is a measure of Best Buy's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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