BlackBerry Limited (NYSE:BB) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analyst consensus: Eight analysts rate BlackBerry a consensus "Hold" (seven holds, one buy) with an average one‑year price target of $4.88.
• Quarterly beat and guidance: BlackBerry reported Q1 EPS of $0.06 vs. $0.04 expected and revenue of $157.96M (up 10.1% YoY), and issued FY2027 guidance of $0.150–0.190 EPS.
• Insider selling: Company insiders, including the SVP and CEO, sold shares in April (73,171 shares sold over the past 90 days), with insiders now owning just 0.37% of the stock.

Shares of BlackBerry Limited (NYSE:BB - Get Free Report) have been given an average recommendation of "Hold" by the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $4.88.

Several research firms have recently issued reports on BB. Weiss Ratings raised BlackBerry from a "sell (d+)" rating to a "hold (c)" rating in a report on Friday, April 10th. Wall Street Zen lowered BlackBerry from a "buy" rating to a "hold" rating in a report on Saturday. Canaccord Genuity Group reduced their target price on BlackBerry from $4.60 to $4.40 and set a "hold" rating on the stock in a report on Friday, April 10th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and set a $4.50 target price on shares of BlackBerry in a report on Friday, April 10th.

BlackBerry Stock Performance

BB opened at $5.08 on Monday. The firm has a market cap of $2.98 billion, a P/E ratio of 63.45 and a beta of 1.70. BlackBerry has a 52-week low of $3.12 and a 52-week high of $5.79. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.12 and a current ratio of 2.12. The business's fifty day moving average is $3.69 and its 200-day moving average is $3.98.

BlackBerry (NYSE:BB - Get Free Report) last released its earnings results on Thursday, April 9th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. The company had revenue of $157.96 million for the quarter, compared to analyst estimates of $144.27 million. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.BlackBerry's quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.03 EPS. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. Sell-side analysts expect that BlackBerry will post 0.13 EPS for the current fiscal year.

Insider Activity

In related news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the firm's stock in a transaction dated Saturday, April 4th. The stock was sold at an average price of $3.56, for a total value of $106,472.48. Following the sale, the senior vice president directly owned 94,903 shares of the company's stock, valued at $337,854.68. This trade represents a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO John Joseph Giamatteo sold 27,066 shares of the firm's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total value of $96,354.96. Following the completion of the sale, the chief executive officer directly owned 899,146 shares in the company, valued at $3,200,959.76. This trade represents a 2.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 73,171 shares of company stock worth $260,489 over the last ninety days. 0.37% of the stock is currently owned by insiders.

Institutional Trading of BlackBerry

Several large investors have recently bought and sold shares of the business. MQS Management LLC boosted its stake in BlackBerry by 138.4% in the first quarter. MQS Management LLC now owns 47,711 shares of the company's stock valued at $155,000 after buying an additional 27,700 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in BlackBerry by 16.7% in the first quarter. Pictet Asset Management Holding SA now owns 118,000 shares of the company's stock valued at $381,000 after buying an additional 16,852 shares in the last quarter. Apella Capital LLC acquired a new stake in BlackBerry in the first quarter valued at about $47,000. SG Americas Securities LLC acquired a new stake in BlackBerry in the first quarter valued at about $178,000. Finally, Hsbc Holdings PLC boosted its stake in BlackBerry by 1,501.9% in the fourth quarter. Hsbc Holdings PLC now owns 1,890,023 shares of the company's stock valued at $7,116,000 after buying an additional 1,772,039 shares in the last quarter. 54.48% of the stock is owned by institutional investors and hedge funds.

BlackBerry Company Profile

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry's core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.

At the heart of BlackBerry's offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.

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