- Best Buy Ikea Partnership Tests New Channel For Undervalued Stock
May 16, 2026
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Best Buy (NYSE:BBY) is partnering with Ikea to offer in store technology and appliance consultation services. The partnership gives Ikea shoppers access to Best Buy experts for product advice, configuration, and ordering support. Best Buy will provide consultation and ordering services from within Ikea locations, creating a new customer touchpoint for the retailer.
Best Buy enters this partnership with Ikea at a time when its stock has been under pressure, with NYSE:BBY down 18.6% year to date and 19.4% over the past year. The current share price of $56.28 comes after declines of 5.3% over the past week and 11.2% over the past month. This context underlines how closely investors may watch any new business channels.
For readers, this collaboration is worth tracking as a test of how Best Buy can extend its service oriented retail model beyond its own stores. The Ikea presence could influence how the company positions services, support, and product mix inside another large retail ecosystem, which may shape future partnership decisions if the concept gains traction.
Stay updated on the most important news stories for Best Buy by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Best Buy.NYSE:BBY Earnings & Revenue Growth as at May 2026
We've flagged 2 risks for Best Buy. See which could impact your investment.
Quick Assessment
✅ Price vs Analyst Target: The current price of US$56.28 is about 22% below the US$72.05 analyst target, with a target range of US$59 to US$90. ✅ Simply Wall St Valuation: Shares are assessed as trading about 61.5% below estimated fair value, which supports an undervalued view. ❌ Recent Momentum: The stock is down 11.2% over the past 30 days, so price momentum is currently weak.
There is only one way to know the right time to buy, sell or hold Best Buy. Head to Simply Wall St's company report for the latest analysis of Best Buy's Fair Value.
Key Considerations
📊 The Ikea partnership tests whether Best Buy can extend its service led model into third party stores, which could influence longer term revenue mix. 📊 Watch how in store consultations translate into appliance and tech sales, and whether management comments link this channel to any future store rollout or margin impact. ⚠️ Existing minor risks include large one off items affecting financial results and recent insider selling, so investors may want to see clear disclosure on partnership economics.
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Dig Deeper
For the full picture including more risks and rewards, check out the complete Best Buy analysis. Alternatively, you can check out the community page for Best Buy to see how other investors believe this latest news will impact the company's narrative.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include BBY.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Dear Take-Two Stock Fans, Mark Your Calendars for May 18
May 15, 2026
Grand Theft Auto VI preorders are reportedly going live on May 18, a third trailer is widely expected to drop at the same time, and Take-Two's (TTWO) fiscal year earnings call falls on May 21.
That is three massive catalysts stacked inside one week. If you own Take-Two Interactive stock or have been watching it from the sidelines, pay close attention.
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Why the GTA 6 Preorder Leak Is Different this Time
By now, most GTA 6 fans have learned to treat rumors with skepticism. The internet has been running on recycled speculation for years. But the Best Buy (BBY) leak circulating this week is different, though Best Buy and Take-Two haven't legitimized it.
A Best Buy affiliate email, titled "GTA 6 Pre Order (Physical Game)," surfaced, which shows a promotional window running from May 18 to May 21. The email first appeared on a YouTube livestream and then spread across ResetEra, GTAForums, and Reddit as multiple affiliates confirmed they had received the same message. Insider Gaming independently verified its authenticity by having two separate affiliates forward the email directly. Crucially, the communications originated from Impact, one of the largest affiliate partner marketplaces in the business.
Take-Two is scheduled to report its Q4 earnings call on May 21, which means company management will have real-time preorder data to share with investors. Rockstar Games, a Take-Two subsidiary, has previously launched preorders around the same time as a major earnings event.
Take-Two Delivered One of Its Best Quarters in Recent History
In its fiscal third quarter of 2026, Take-Two reported net bookings of $1.76 billion, meaningfully above the high end of guidance.
The company raised its full-year net bookings outlook to between $6.65 billion and $6.7 billion, representing roughly 18% growth over fiscal 2025. That midpoint figure sits roughly $725 million above what management initially projected back in May 2025. Recurrent consumer spending grew 23% in the quarter and accounted for 76% of net bookings. NBA 2K grew 30% year over year, and GTA Online grew 27%. The mobile business grew 19%, driven by Toon Blast, which surged 43%. The company also raised its operating cash flow forecast to approximately $450 million, up from a prior estimate of $250 million.
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CEO Strauss Zelnick put it plainly on the earnings call: "We are beyond thrilled with our expectations for next year."
GTA V has now sold more than 225 million units since its 2013 launch. That fanbase does not shrink but waits patiently. And when GTA VI launches on Nov. 19, 2026, it will attract an audience that has been starved for a decade.
For context, Cyberpunk 2077 holds the all-time preorder record at roughly 8 million units before launch. GTA V had seven million 11 years back. The expectation around GTA VI is that it could break pre-order numbers by a significant margin.
The Bull Case for TTWO Stock
Take-Two stock jumped roughly 5% on Thursday following the Best Buy leak.
For long-term investors, the setup looks attractive. You have a company posting record bookings, raising guidance, and sitting weeks away from what could be the largest entertainment launch in history.
The earnings power of GTA VI will not be fully reflected in one quarter. It will reshape the company's financial baseline for years. If you have been waiting for a clear signal to dig deeper into Take-Two, May 18 might just be that moment.www.barchart.com
Analysts forecast Take-Two to expand its free cash flow from $326 million in fiscal 2026 to $2.53 billion in fiscal 2030. If TTWO stock is priced at 30x forward FCF, which is not too expensive, it could surge 70% within the next three years.
Out of the 29 analysts covering TTWO stock, 24 recommend “Strong Buy,” two recommend “Moderate Buy,” and three recommend “Hold.” The average Take-Two stock price target is $277, above the current price of $242.
On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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- Take-Two GTA Release Date to Be Investor Focus at Upcoming Earnings Call, Wedbush Says
May 15, 2026
Take-Two Interactive Software's (TTWO) potential update on the "Grand Theft Auto VI" launch date wil
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- Best Buy Stock: Is Wall Street Bullish or Bearish?
May 15, 2026
Richfield, Minnesota-based Best Buy Co., Inc. (BBY) is an omni-channel retailer specializing in consumer electronics, technology products, and related services. Valued at a market cap of $11.7 billion, the company offers a curated product assortment that includes computing devices, mobile phones, home theater systems, major and small appliances, and entertainment software.
This retailer has considerably underperformed the broader market over the past 52 weeks. Shares of BBY have declined 22.8% over this time frame, while the broader S&P 500 Index ($SPX) has soared 26.6%. Moreover, on a YTD basis, the stock is down 15.3%, compared to SPX’s 8.1% rise.
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Looking closer, BBY has also lagged the State Street SPDR S&P Retail ETF’s (XRT) 8.1% rise over the past 52 weeks and 5.8% YTD drop.www.barchart.com
Best Buy’s underperformance has been driven by a mix of macroeconomic and company-specific challenges. Elevated inflation and higher interest rates have reduced consumer demand for discretionary big-ticket electronics, pressuring comparable sales. At the same time, intensifying competition and supply limitations across key product categories have weighed on investor confidence
For the current fiscal year, ending in January 2027, analysts expect BBY’s EPS to grow 1.1% year over year to $6.50. The company’s earnings surprise history is promising. It topped the consensus estimates in each of the last four quarters.
Among the 24 analysts covering the stock, the consensus rating is a "Hold,” which is based on six “Strong Buy,” 16 “Hold,” one "Moderate Sell,” and one "Strong Sell” rating.www.barchart.com
The configuration is less bullish than two months ago, with an overall "Moderate Buy” rating, consisting of seven analysts suggesting a “Strong Buy,” and none recommending "Strong Sell.”
On May 14, Wells Fargo maintained an "Equal Weight” rating on BBY but lowered its price target to $60, indicating a 5.9% potential upside from the current levels.
The mean price target of $72.42 suggests a 27.8% premium to its current price levels, while its Street-high price target of $90 implies a 58.8% potential upside.
On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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- GTA 6 Trailer Rumors Send Take-Two Shares Surging Higher
May 15, 2026
This article first appeared on GuruFocus.
Take-Two Interactive Software (NASDAQ:TTWO) jumped about 5% on Thursday as investors bet that fresh details on Grand Theft Auto 6 could boost demand ahead of the game's November release target.
The stock move followed rising chatter that Rockstar Games may release a third trailer on May 18 and open pre-orders around the same time.
Warning! GuruFocus has detected 6 Warning Signs with TTWO. Is TTWO fairly valued? Test your thesis with our free DCF calculator.
Best Buy affiliates also reportedly received emails pointing to a May 18 launch window for pre-orders that could run through May 21.
The game has already faced multiple delays, after first being tied to a 2025 launch window and later pushed to May before landing on the current November target. The repeated shifts had weighed on Take-Two shares, which fell sharply after the prior delay.
Chief Executive Strauss Zelnick said in February that the schedule remained on track and that a marketing push was expected later in the year. The title is confirmed for PlayStation 5 and Xbox Series X|S at launch, while a PC version has not been formally disclosed.
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- Take-Two Stock Jumps on Buzz About GTA VI Preorders
May 14, 2026
An email about forthcoming Best Buy sales, suggests preorders for Grand Theft Auto VI are slated to begin in a few days.
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- Is Best Buy Co Inc (BBY) a Bargain After 3.0% Drop? GF Value Says Undervalued
May 11, 2026 · gurufocus.com
On May 11, 2026, Best Buy Co Inc (BBY) shares fell 3.0% to $57.62, continuing a downward trend that has seen the stock decline 7.6% over the past month and 12.6
- GameStop Stock: Trying to Make Sense of It All as Investors Head for the Exit
May 11, 2026
GameStop (GME) shareholders are no strangers to controversy or outrageous corporate decisions. Staying true to this reputation, GameStop CEO Ryan Cohen announced in January that the company was looking at a “very big” acquisition. While I previously wrote about speculation around Best Buy (BBY) as the target company, we now know that the name on Cohen’s watchlist was eBay (EBAY). Yes, a company with a $47.8 billion market capitalization is the acquisition target of a firm that itself has a market cap of just $10.8 billion. Sounds crazy, doesn’t it?
Well, wait until you hear how the CEO explained the move in an interview. When CNBC presenter Andress Ross Sorkin laid out the math for Cohen, all he got in return was that the deal was “half cash, half stock." With GameStop's market cap at nearly $11 billion, $9 billion of cash on the balance sheet, and a $20 billion financing letter from TD Securities, there’s still about $16 billion needed to reach the $56 billion that Cohen is offering for eBay.
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Cohen's refusal to answer the question led many to speculate about whether he is just playing some other game and isn’t a serious contender for buying eBay. This sentiment worsened when the CEO started flooding social media with pictures of items he would sell on the platform, resulting in eBay permanently suspending his account. Other than the announcement of the acquisition, nothing points to the proposed deal actually going through.
Michael Burry Sells His GameStop Stake
Wedbush Securities analyst Michael Piccolo has called it a publicity stunt, but apart from losing support on Wall Street, Cohen has also lost a fellow shareholder. On May 5, Michael Burry announced that he had completely exited his stake in GameStop. Burry had previously said that GameStop’s dealmaking strategy could turn it into a version of Berkshire Hathaway (BRK.A). Charlie Munger would have turned in his grave at that comment, especially now that Burry himself has given up on the thesis after looking at the ridiculous eBay offer, which can’t possibly be explained by anyone on Wall Street.
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Interestingly, GME stock has reacted exceptionally well after the initial selloff. Either the stock has enough shareholders with “diamond hands” to sit this episode out, or the market has already priced in the notion that this is all just a publicity stunt — and that GameStop’s $9 billion cash pile is safe from an outrageous bet like the one on eBay.
About GameStop Stock
GameStop operates as a specialty retailer engaged in the sale of gaming and entertainment products through both e-commerce platforms and physical stores. The company’s product range includes new and pre-owned gaming consoles, accessories, and video games. Alongside gaming products, it sells collectibles like apparel, trading cards, toys, gadgets, and more. Founded in 1984, GameStop is headquartered in Grapevine, Texas.
Over the last year, the S&P 500 ($SPX) has performed well, surging roughly 31%. In contrast, GameStop has underperformed the broader market, falling by about 14% over the same period. However, 2026 has been a different story and GME stock is outperforming the broader index on a year-to-date (YTD) basis. So far this year, GME is up more than 17% compared to the S&P 500’s gains of about 8%.www.barchart.com
GameStop Delivers Mixed Results
GameStop posted its fourth quarter fiscal 2025 results on March 24 with mixed top-line performance. Revenue fell 14% year-over-year (YOY) to $1.1 billion. The company also posted non-GAAP EPS of $0.49 for the quarter, while net income came in at $127.9 million, slightly lower than the $131.3 million reported in the same quarter last year. However, adjusted net income rose sharply to $291.4 million from $136.4 million. On the profitability side, operating income rose to $135.2 million from $79.8 million a year earlier, and increased to $147.7 million from $84.4 million on an adjusted basis.
The Bottom Line
GME stock continues to trade on factors that have nothing to do with valuation. Other than the $9 billion cash pile, there is hardly anything to talk about with GameStop. This time, the theatrics have signaled the market that the acquisition won’t go through. That's why GME stock has remained relatively stable, judging by its own standards and history.
This is not the type of stability investors are attracted to, however. For traders, it now comes back to waiting for the next trigger.
On the date of publication, Jabran Kundi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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- These 5 Stocks Yield More Than 5% and Are Still Growing Profits
May 11, 2026
High-yield dividend stocks are rare in today’s market. Verizon, Kimberly-Clark, and three others still offer payouts above 5% while growing earnings.
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- nLight and MI Homes have been highlighted as Zacks Bull and Bear of the Day
May 11, 2026
For Immediate Release
Chicago, IL – May 11, 2026 – Zacks Equity Research shares nLight LASR as the Bull of the Day and MI Homes MHO as the Bear of the Day. In addition, Zacks Equity Research provides analysis on —Uber Technologies UBER, Ulta Beauty ULTA and Best Buy BBY.
Here is a synopsis of all three stocks:
Bull of the Day:
nLight is a Zacks Rank #2 (Buy) that has an F for Value and an A for Growth. This stock was added to Home Run Investor back on 5/23/25 and has been an outstanding selection. Our entry price is $14.68 and a little after the open on Friday we were looking at a 480% return in just about 1 year. The company has now posted three straight beat and raise quarters and that is something that we love to see. Let’s learn more about why this stock is the Bull of the Day.
Description
nLight, Inc. engages in the provision of semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It operates through the Laser Products and Advanced Development segments. The Laser Products segment designs, manufactures, and sells a range of semiconductor lasers and fiber lasers that are typically integrated into laser systems or manufacturing tools built by customers.
The Advanced Development segment focuses on research, design, and prototyping of next-generation laser technologies, leveraging expertise in laser technology, development, beam control, and advanced optics. The company was founded by Scott H. Keeney, Mark DeVito, and Jason Farmer in June 2000 and is headquartered in Camas, WA.
Earnings History
When I look at a stock, the first thing I do is look to see if the company is beating the number. This tells me right away where the market’s expectations have been for the company and how management has communicated to the market. A stock that consistently beats has management communicating expectations to Wall Street that can be achieved. That is what you want to see.
nLight has reported four straight beats of the Zacks Consensus Estimate. Over the course of the last year, the average positive earnings surprise works out to be 161%. This means they are not just beating the number, they are crushing it. Consistently.
The company recently reported a gain of 20 cents when the Zacks Consensus Estimate was calling for 8 cents and that 12 cent beat translates to a positive earnings surprise of 150%.
Earnings Estimates Revisions
Earnings estimate revisions is what the Zacks Rank is all about.
Estimates for 2026 are moving up for nLight.
The current fiscal year 2026 has increased from $0.35 to $0.36 over the last 30 days. At the time of writing this article, new estimates have not made it through the Zacks system but they are very likely to be revised even higher.
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Fiscal 2027 has increased from $0.56 to $0.57 over the last 30 days.
It should be noted that nLight has posted three straight beat and raise quarters – something that growth investors love to see.
Valuation
The valuation is a little stretched here, but that is something that growth investors have come to expect when a company continuously exceeds expectations. I see a forward earnings multiple of 145x which is super high, but we have to factor in that the company just posted 71% topline growth. Price to book comes in at 14x and that is high but we have to keep in mind that this can also mean that the company is very efficient as it has a small amount of assets on the books that help it grow at very large rates. Operating margins are negative right now, but they are moving in the right direction.
Home Run Investor is an inexpensive service that looks for small cap stocks that have big potential. This stock will remain in the portfolio as we believe that there is a good chance that these big returns go even higher.
Bear of the Day:
MI Homes is a Zacks Rank #5 (Strong Sell) after missing the Zacks Consensus Estimate in each of the last five quarters. The stock has a Zacks Style Score for Value of B and an D for Growth. This company is highly impacted by interest rates and the dream of multiple interest rate cuts is turning into a nightmare. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.
Description
M/I Homes, Inc. engages in the construction and development of residential properties. It operates through the following segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. The Northern Homebuilding segment includes Chicago, Illinois, Cincinnati, Ohio, Columbus, Ohio, Indianapolis, Indiana, Minneapolis or St. Paul, Minnesota, and Detroit, Michigan. The Southern Homebuilding segment refers to Orlando, Florida, Sarasota, Florida, Tampa, Florida, Fort Myers or Naples, Florida, Austin, Texas, Dallas or Fort Worth, Texas, Houston, Texas, San Antonio, Texas, Charlotte, North Carolina, Raleigh, North Carolina, and Nashville, Tennessee. The Financial Services segment offers mortgage banking services to homebuyers. The company was founded by Irving E. Schottenstein and Melvin Schottenstein in 1976 and is headquartered in Columbus, OH.
Earnings History
When I look at a stock, the first thing I do is look to see if the company is beating the number. This tells me right away where the market’s expectations have been for the company and how management has communicated to the market. A stock that consistently beats has management communicating expectations to Wall Street that can be achieved. That is what you want to see.
In the case of MI Homes I see the company has missed the Zacks Consensus Estimate in each of the last four quarters. This alone does not make the stock a Zacks Rank #1 (Strong Buy) and it doesn’t make it a Zacks Rank #5 (Strong Sell) either.
The Zacks Rank does care about the earnings history, but it is much more heavily influenced by the movement of earnings estimates.
The most recent earnings report from MI Homes saw the company post $2.55 in EPS when the Zacks Consensus Estimate was calling for $2.64. That 9 cent miss translates to a -3.4% earnings surprise.
Earnings Estimate Revisions
The Zacks Rank tells us which stocks are seeing earnings estimates move higher or in this case lower. For MI Homes I see annual estimates for next year moving lower of late.
The current fiscal year consensus number has decreased from $13.10 to $12.60 over the last 30 days.
The next fiscal year has estimates that have also declined, moving from $17.05 to $15.55 over the last 30 days.
Negative movement in earnings estimates is the primary reason why this stock is a Zacks Rank #5 (Strong Sell).
It should be noted that a lot of stocks in the Zacks universe are seeing negative earnings estimate revisions. That means that the stocks that are seeing small but negative earnings estimate revisions are falling to a Zacks Rank #5 (Strong Sell).
Additional content:
UBER Expands Delivery Options via ULTA Deal: A Catalyst?
Uber Technologies and Ulta Beauty, the largest specialty beauty retailer in the United States, announced the launch of more than 1,500 Ulta Beauty stores on the Uber Eats marketplace. Ahead of Mother’s Day, customers nationwide can access a wide selection of beauty and wellness products, including makeup, skincare, haircare, fragrances, tools, devices and other essentials, through on-demand or scheduled delivery. The collaboration offers shoppers a convenient way to purchase gifts or replenish everyday products.
The inclusion of Ulta Beauty further expands Uber Eats’ beauty and retail offerings by providing customers with products across multiple categories and price ranges. Consumers can now explore thousands of items from more than 600 brands available through Ulta Beauty, all accessible via the Uber Eats app with same-day delivery options.
Uber One members will continue to receive benefits such as zero delivery fees on eligible orders, along with additional exclusive savings.
Ulta Beauty stated that the partnership supports its focus on offering flexible and convenient shopping experiences, enabling customers to discover and purchase preferred beauty and wellness products whenever required. The collaboration also strengthens the company’s omnichannel capabilities by delivering products directly to customers quickly and efficiently.
The agreement highlights Uber Eats’ ongoing expansion beyond food delivery into retail segments such as beauty, electronics and home improvement. By integrating Ulta Beauty’s extensive nationwide presence, Uber Eats aims to enhance product selection and accessibility for consumers across the country.
Uber noted that growing consumer demand for variety and convenience in beauty shopping makes the partnership significant, as it allows customers to easily purchase products ranging from skincare essentials to last-minute gifts and receive them directly at their doorstep.
To place an order, users need to open the Uber Eats app, navigate to the Retail or Beauty category, select the nearest Ulta Beauty store, browse available products, add items to the cart, choose a preferred delivery time and track the order in real time.
The Uber Eats division has been growing through multiple deals. Last year, Uber inked a deal with retailer Best Buy for on-demand delivery. The deal brought consumer electronics from more than 800 stores to the Uber Eats platform. The tie-up enabled Best Buy customers throughout the United States to order a wide range of electronics, appliances and tech essentials on Uber Eats for delivery to their doorsteps. The partnership allowed Uber Eats and Best Buy to make the latest technology more accessible than ever, thereby reflecting the deal’s customer-friendly nature.
UBER’s Share Price Performance, Valuation and Estimates
Shares of UBER have declined in double digits (% wise) over the past six months. Owing to the downbeat performance, UBER’s shares have underperformed the ZacksInternet-Services industry over the same time frame.
From a valuation standpoint, UBER trades at a 12-month forward price-to-sales of 2.57X. UBER is inexpensive compared with its industry.
UBER's Zacks Rank
UBER currently carries a Zacks Rank #3 (Hold). You can see
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Best Buy Co., Inc. (BBY) : Free Stock Analysis Report
Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report
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