11:26 AM EST, 11/20/2025 (MT Newswires) -- Best Buy ( BBY ) is expected to report a "slight" miss in Q3 but likely to reiterate its guidance heading into holidays, Wedbush said in a note Thursday. The Q3 results are due Nov. 25.

"Data points and readthroughs suggest trends decelerated through the quarter after a solid back to school season, creating downside risk to comp expectations by upwards of ~230 bps," the report said.

Credit card panel data and web traffic trended negatively in the quarter, while store traffic was neutral, the note said.

With much of the year reliant on holiday performance, Wedbush analysts expect Best Buy ( BBY ) to retain its comparable sales guidance of a 1.0% decline to a 1.0% growth for the full year. They expect 0.2% growth against market consensus of a 0.9% growth.

Wedbush kept its neutral rating with a price target of $75.

Price: 75.23, Change: +0.85, Percent Change: +1.14