BlackBerry (NYSE:BB) Stock Rating Upgraded by TD Securities

Key Points

• TD Securities upgraded BlackBerry to a "hold" and the stock carries a consensus "Hold" rating from analysts with a $5.10 average price target (1 Buy, 6 Holds, 1 Sell).
• BlackBerry beat quarterly estimates with $0.05 EPS versus $0.04 expected and $141.8M revenue versus $137.5M, and set FY2026 guidance of $0.140–0.160 EPS and Q4 guidance of $0.030–0.050 EPS.
• Shares trade near $3.95 with a $2.33B market cap and a 12‑month range of $2.80–$6.24; insiders sold about 88,565 shares in the last three months while institutional investors own roughly 54.48% of the stock.

BlackBerry (NYSE:BB - Get Free Report) was upgraded by equities researchers at TD Securities to a "hold" rating in a research report issued on Monday,Zacks.com reports.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada restated a "sector perform" rating and issued a $4.50 target price on shares of BlackBerry in a report on Friday. TD Cowen reissued a "hold" rating and set a $5.00 price target on shares of BlackBerry in a research report on Friday, October 3rd. Zacks Research cut shares of BlackBerry from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 24th. Weiss Ratings reiterated a "sell (d-)" rating on shares of BlackBerry in a report on Wednesday, October 8th. Finally, Canaccord Genuity Group reissued a "hold" rating and issued a $4.60 price target on shares of BlackBerry in a research note on Friday. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, BlackBerry has a consensus rating of "Hold" and a consensus target price of $5.10.

BlackBerry Stock Performance

NYSE:BB opened at $3.95 on Monday. The company has a market cap of $2.33 billion, a P/E ratio of 131.54 and a beta of 1.41. BlackBerry has a twelve month low of $2.80 and a twelve month high of $6.24. The company's 50-day moving average price is $4.40 and its 200-day moving average price is $4.21. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.27.

BlackBerry (NYSE:BB - Get Free Report) last released its quarterly earnings data on Thursday, December 18th. The company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The company had revenue of $141.80 million during the quarter, compared to the consensus estimate of $137.54 million. BlackBerry had a net margin of 4.02% and a return on equity of 8.10%. BlackBerry's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.02 EPS. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. On average, sell-side analysts forecast that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insider Buying and Selling at BlackBerry

In other news, insider Mattias Eriksson sold 5,914 shares of the business's stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $4.62, for a total value of $27,322.68. Following the sale, the insider directly owned 291,340 shares of the company's stock, valued at approximately $1,345,990.80. The trade was a 1.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Philip S. Kurtz sold 44,178 shares of the stock in a transaction that occurred on Sunday, September 28th. The stock was sold at an average price of $4.95, for a total transaction of $218,681.10. Following the transaction, the insider directly owned 95,468 shares of the company's stock, valued at $472,566.60. The trade was a 31.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 88,565 shares of company stock worth $423,706 over the last three months. Insiders own 0.37% of the company's stock.

Hedge Funds Weigh In On BlackBerry

Hedge funds have recently bought and sold shares of the company. Delos Wealth Advisors LLC purchased a new position in BlackBerry during the 3rd quarter valued at about $34,000. CI Investments Inc. lifted its position in shares of BlackBerry by 48.4% during the third quarter. CI Investments Inc. now owns 8,414 shares of the company's stock worth $41,000 after purchasing an additional 2,745 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of BlackBerry by 2,349.1% during the third quarter. NewEdge Advisors LLC now owns 11,682 shares of the company's stock worth $57,000 after purchasing an additional 11,205 shares in the last quarter. LeConte Wealth Management LLC purchased a new position in shares of BlackBerry in the second quarter valued at approximately $61,000. Finally, Benjamin Edwards Inc. grew its holdings in shares of BlackBerry by 31.5% in the second quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company's stock valued at $67,000 after purchasing an additional 3,500 shares in the last quarter. Institutional investors and hedge funds own 54.48% of the company's stock.

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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