BlackBerry Limited Company Profile (NASDAQ:BBRY)

About BlackBerry Limited (NASDAQ:BBRY)

BlackBerry Limited logoBlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company's products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services. The BlackBerry Technology Solutions business unit consists of five units: QNX, Certicom, Paratek, the BlackBerry IoT Platform and Intellectual Property and Patent Licensing (IPPL).

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Wireless Telecommunications Services - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:BBRY
  • CUSIP: N/A
  • Web: ca.blackberry.com
Capitalization:
  • Market Cap: $5.43 billion
  • Outstanding Shares: 531,000,000
Average Prices:
  • 50 Day Moving Avg: $10.42
  • 200 Day Moving Avg: $8.24
  • 52 Week Range: $6.23 - $11.74
P/E:
  • Trailing P/E Ratio: 42.10
  • Foreward P/E Ratio: 146.14
  • P/E Growth: 209.43
Sales & Book Value:
  • Annual Revenue: $1.14 billion
  • Price / Sales: 4.77
  • Book Value: $5.15 per share
  • Price / Book: 1.99
Profitability:
  • EBIDTA: $124 million
  • Net Margins: 11.68%
  • Return on Equity: -1.80%
  • Return on Assets: -1.04%
Debt:
  • Debt-to-Equity Ratio: 0.29%
  • Current Ratio: 2.79%
  • Quick Ratio: 2.75%
Misc:
  • Average Volume: 9.76 million shs.
  • Beta: 0.77
  • Short Ratio: 6.32
 

Frequently Asked Questions for BlackBerry Limited (NASDAQ:BBRY)

What is BlackBerry Limited's stock symbol?

BlackBerry Limited trades on the NASDAQ under the ticker symbol "BBRY."

How were BlackBerry Limited's earnings last quarter?

BlackBerry Limited (NASDAQ:BBRY) issued its quarterly earnings data on Friday, June, 23rd. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.02. The business earned $244 million during the quarter, compared to analyst estimates of $262.80 million. BlackBerry Limited had a net margin of 11.68% and a negative return on equity of 1.80%. The company's revenue for the quarter was down 42.5% on a year-over-year basis. View BlackBerry Limited's Earnings History.

Where is BlackBerry Limited's stock going? Where will BlackBerry Limited's stock price be in 2017?

17 equities research analysts have issued 1 year price targets for BlackBerry Limited's stock. Their predictions range from $6.00 to $11.50. On average, they expect BlackBerry Limited's stock price to reach $9.21 in the next year. View Analyst Ratings for BlackBerry Limited.

What are analysts saying about BlackBerry Limited stock?

Here are some recent quotes from research analysts about BlackBerry Limited stock:

  • 1. According to Zacks Investment Research, "Shares of BlackBerry have outperformed the Zacks categorized Wireless - Non US industry over the last three months. Ushering in further good news, the company's bottom line performance was better- than-expected in the first-quarter of fiscal 2018. The company's decision to end all internal hardware development and focus exclusively on software bussiness seems to be paying off.  BlackBerry expects its software business to either outperform or at least perform at par with the overall market in fiscal 2018. In fact, the company anticipates profitability (on an adjusted basis) and also expects to generate positive free cash flow in fiscal 2018. In order to strengthen its position in the software business, BlackBerry has recently inked multiple deals. However, the company's struggles on the top line front raise concerns." (6/28/2017)
  • 2. TD Securities analysts commented, "We have adjusted our estimates and increased our target price to $11.50 following the Qualcomm settlement. Impact: NEGATIVE The weak results this quarter have overshadowed some of the positive announcements made in the quarter. Despite the miss in software revenue, we see a number of near-term opportunities building in the pipeline that could contribute to a strong H2: Strong Radar traction: With FedEx as a customer, we believe that Radar’s opportunities will grow significantly. FedEx itself is a substantial customer, but we believe that it also serves as an important reference customer for new potential customers. We note that Radar has signed on increasingly larger customers in each of the last three quarters. The momentum seems to continue, with five proof-of-concepts moving to commercial discussions." (6/26/2017)
  • 3. Macquarie analysts commented, "more stable business environment for the company."Papageorgiou also noted that BlackBerry's market share of "infotainment" technologies in the auto sector stands at more than half of the entire market. However, the company only generates around $1.00 to $1.50 per vehicle, but the company believes this figure can grow as high as $5 per vehicle.Bottom line, the analyst acknowledged that there is still risk involved in BlackBerry's stock but said, "We believe the potential returns outweigh them." (4/3/2017)
  • 4. Canaccord Genuity analysts commented, "We believe BlackBerry faces challenges and must execute on further developing an enterprise sales channel to meaningfully accelerate software sales. While we believe the senior management team is capable of executing against the market opportunity, we believe it could take several years for meaningful progress." (1/30/2017)

Are investors shorting BlackBerry Limited?

BlackBerry Limited saw a drop in short interest during the month of June. As of June 15th, there was short interest totalling 46,429,622 shares, a drop of 3.9% from the May 31st total of 48,315,986 shares. Based on an average daily volume of 12,489,789 shares, the short-interest ratio is currently 3.7 days. Approximately 8.9% of the shares of the company are short sold.

Who are some of BlackBerry Limited's key competitors?

Who are BlackBerry Limited's key executives?

BlackBerry Limited's management team includes the folowing people:

  • John S. Chen, Executive Chairman of the Board, Chief Executive Officer
  • Steven M. Capelli, Chief Financial Officer
  • Sandeep Chennakeshu, President - BlackBerry Technology Solutions
  • Ron Loucks, President - Devices and Emerging Solutions
  • Carl James Wiese, President - Global Sales
  • Marty J. Beard, Chief Operating Officer
  • Nita White-Ivy, Executive Vice President - Human Resources
  • Sai Yuen Ho, Executive Vice President - Enterprise Products and Value Added Solutions
  • James S. Mackey, Executive Vice President, Executive Operations
  • Steven E. Zipperstein, Chief Legal Officer, Corporate Secretary

Who owns BlackBerry Limited stock?

BlackBerry Limited's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (14.26%), Fairfax Financial Holdings Ltd Can (8.80%), Iridian Asset Management LLC CT (4.96%), Renaissance Technologies LLC (2.54%), Vanguard Group Inc. (1.96%) and OppenheimerFunds Inc. (1.39%). View Institutional Ownership Trends for BlackBerry Limited.

Who sold BlackBerry Limited stock? Who is selling BlackBerry Limited stock?

BlackBerry Limited's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Swiss National Bank, Primecap Management Co. CA, Contrarius Investment Management Ltd, FMR LLC, Canada Pension Plan Investment Board, Commerzbank Aktiengesellschaft FI and CIBC World Markets Inc.. View Insider Buying and Selling for BlackBerry Limited.

Who bought BlackBerry Limited stock? Who is buying BlackBerry Limited stock?

BlackBerry Limited's stock was purchased by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, OppenheimerFunds Inc., First Eagle Investment Management LLC, Bank of America Corp DE, Vanguard Group Inc., Staley Capital Advisers Inc., Engineers Gate Manager LP and Letko Brosseau & Associates Inc.. View Insider Buying and Selling for BlackBerry Limited.

How do I buy BlackBerry Limited stock?

Shares of BlackBerry Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackBerry Limited's stock price today?

One share of BlackBerry Limited stock can currently be purchased for approximately $10.23.


MarketBeat Community Rating for BlackBerry Limited (NASDAQ BBRY)
Community Ranking:  0.8 out of 5 ()
Outperform Votes:  310 (Vote Outperform)
Underperform Votes:  1,708 (Vote Underperform)
Total Votes:  2,018
MarketBeat's community ratings are surveys of what our community members think about BlackBerry Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for BlackBerry Limited (NASDAQ:BBRY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 11 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.12)
Consensus Price Target: $9.21 (10.01% downside)

Analysts' Ratings History for BlackBerry Limited (NASDAQ:BBRY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/26/2017BMO Capital MarketsReiterated RatingMarket Perform$9.00 -> $10.00MediumView Rating Details
6/26/2017Deutsche Bank AGReiterated RatingHold$7.00 -> $7.50MediumView Rating Details
6/26/2017Wells Fargo & CompanyReiterated RatingMarket Perform$8.50 -> $9.00MediumView Rating Details
6/26/2017Royal Bank Of CanadaReiterated RatingSector Perform$9.50LowView Rating Details
6/26/2017ScotiabankBoost Price TargetOutperform$10.00 -> $11.00LowView Rating Details
6/26/2017TD SecuritiesBoost Price TargetBuy$10.00 -> $11.50LowView Rating Details
6/21/2017Credit Suisse Group AGReiterated RatingUnderperform$8.00HighView Rating Details
6/21/2017Morgan StanleyLower Price TargetEqual Weight$10.00 -> $7.00MediumView Rating Details
6/15/2017Imperial CapitalBoost Price TargetIn -> In-Line$8.25 -> $10.00LowView Rating Details
5/30/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Mkt PerformLowView Rating Details
4/19/2017William BlairReiterated RatingMarket PerformLowView Rating Details
4/12/2017Canaccord GenuitySet Price TargetHold$8.00 -> $10.00MediumView Rating Details
4/12/2017CIBCUpgradeSector Underperform -> Sector Perform$10.00MediumView Rating Details
4/3/2017MacquarieUpgradeNeutral -> Outperform$8.10 -> $9.00LowView Rating Details
3/13/2017Global Equities ResearchInitiated CoverageOverweight$11.00LowView Rating Details
12/23/2016MKM PartnersReiterated RatingNeutral$8.00N/AView Rating Details
9/29/2016Goldman Sachs Group, Inc. (The)Reiterated RatingSell$6.00N/AView Rating Details
8/29/2016J P Morgan Chase & CoBoost Price TargetNeutral$7.00 -> $8.00N/AView Rating Details
(Data available from 6/29/2016 forward)

Earnings

Earnings History for BlackBerry Limited (NASDAQ:BBRY)
Earnings by Quarter for BlackBerry Limited (NASDAQ:BBRY)
Earnings History by Quarter for BlackBerry Limited (NASDAQ BBRY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
6/23/2017Q1 18$0.02$0.02$262.80 million$244.00 millionViewN/AView Earnings Details
3/31/20172/28/2017($0.04)$0.04$288.45 million$297.00 millionViewN/AView Earnings Details
12/20/2016Q317($0.01)$0.02$331.47 million$301.00 millionViewN/AView Earnings Details
9/28/2016Q217($0.05)($0.03)$390.66 million$352.00 millionViewListenView Earnings Details
4/1/2016Q416($0.10)($0.03)$559.74 million$464.00 millionViewN/AView Earnings Details
12/18/2015Q316($0.14)($0.03)$485.21 million$548.00 millionViewListenView Earnings Details
9/25/2015Q216($0.09)($0.13)$609.47 million$490.00 millionViewListenView Earnings Details
6/23/2015Q116($0.03)($0.05)$684.52 million$658.00 millionViewListenView Earnings Details
3/27/2015Q415($0.03)$0.04$802.29 million$660.00 millionViewN/AView Earnings Details
12/19/2014Q315($0.06)$0.01$927.83 million$793.00 millionViewN/AView Earnings Details
9/26/2014Q215($0.17)($0.02)$915.76 million$916.00 millionViewN/AView Earnings Details
6/19/2014Q115($0.27)($0.11)$976.25 million$966.00 millionViewN/AView Earnings Details
3/28/2014Q414($0.57)($0.08)$1.11 billion$976.00 millionViewN/AView Earnings Details
12/20/2013Q314($0.43)($0.67)$1.59 billion$1.19 billionViewListenView Earnings Details
9/27/2013Q214($0.15)($0.47)$1.63 billion$1.60 billionViewN/AView Earnings Details
6/28/2013Q1 2014$0.04($0.13)$2.81 billion$3.07 billionViewN/AView Earnings Details
3/28/2013Q413($0.30)$0.22$2.84 billion$2.70 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for BlackBerry Limited (NASDAQ:BBRY)
2017 EPS Consensus Estimate: ($0.35)
2018 EPS Consensus Estimate: ($0.06)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.11)($0.07)($0.09)
Q2 20172($0.11)($0.08)($0.10)
Q3 20172($0.10)($0.09)($0.10)
Q4 20172($0.10)($0.03)($0.07)
Q1 20181($0.03)($0.03)($0.03)
Q2 20181($0.02)($0.02)($0.02)
Q3 20181($0.01)($0.01)($0.01)
Q4 20181$0.00$0.00$0.00
(Data provided by Zacks Investment Research)

Dividends

Dividend History for BlackBerry Limited (NASDAQ:BBRY)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for BlackBerry Limited (NASDAQ:BBRY)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for BlackBerry Limited (NASDAQ:BBRY)
Latest Headlines for BlackBerry Limited (NASDAQ:BBRY)
Source:
DateHeadline
seekingalpha.com logoBlackBerry: Positive Developments - Seeking Alpha
seekingalpha.com - June 28 at 9:37 PM
finance.yahoo.com logoHow BlackBerry Aims to Enhance Shareholder Value
finance.yahoo.com - June 28 at 4:34 PM
seekingalpha.com logoBlackBerry: Finding More Disappointment - Seeking Alpha
seekingalpha.com - June 28 at 2:04 AM
finance.yahoo.com logoBlackBerry Ltd. :BBRY-US: Earnings Analysis: Q1, 2018 By the Numbers : June 27, 2017
finance.yahoo.com - June 27 at 4:01 PM
finance.yahoo.com logoETFs with exposure to BlackBerry Ltd. : June 27, 2017
finance.yahoo.com - June 27 at 4:01 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Raised to B- at TheStreet
www.americanbankingnews.com - June 27 at 3:28 PM
seekingalpha.com logoBlackBerry: Buy On The Drop? - Seeking Alpha
seekingalpha.com - June 27 at 4:22 AM
seekingalpha.com logoWhy BlackBerry Shares Took A Nosedive - Seeking Alpha
seekingalpha.com - June 27 at 4:22 AM
investorplace.com logoBlackBerry Ltd (BBRY) Stock Needs This Breather Before Going Full Bull - Investorplace.com
investorplace.com - June 27 at 4:22 AM
americanbankingnews.com logoBlackBerry Limited's (BBRY) Hold Rating Reiterated at Deutsche Bank AG
www.americanbankingnews.com - June 26 at 9:28 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Earns Market Perform Rating from BMO Capital Markets
www.americanbankingnews.com - June 26 at 9:28 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Earns "Market Perform" Rating from Wells Fargo & Company
www.americanbankingnews.com - June 26 at 5:50 PM
finance.yahoo.com logoMixed Results for BlackBerry
finance.yahoo.com - June 26 at 4:28 PM
finance.yahoo.com logo[$$] BlackBerry User Base Clearing Out
finance.yahoo.com - June 26 at 4:28 PM
finance.yahoo.com logoKey Tech Sector Updates for the Week Ended June 23, 2017
finance.yahoo.com - June 26 at 4:28 PM
finance.yahoo.com logoBlackBerry Ltd. breached its 50 day moving average in a Bearish Manner : BBRY-US : June 26, 2017
finance.yahoo.com - June 26 at 4:28 PM
finance.yahoo.com logoWhy BlackBerry's Stock Tanked On Friday
finance.yahoo.com - June 26 at 4:28 PM
americanbankingnews.com logoTD Securities Raises BlackBerry Limited (BBRY) Price Target to $11.50
www.americanbankingnews.com - June 26 at 3:22 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Price Target Raised to $11.00
www.americanbankingnews.com - June 26 at 3:22 PM
americanbankingnews.com logoRoyal Bank Of Canada Reiterates $9.50 Price Target for BlackBerry Limited (BBRY)
www.americanbankingnews.com - June 26 at 2:41 PM
finance.yahoo.com logo[$$] BlackBerry’s Valuation Got Disconnected
finance.yahoo.com - June 25 at 9:08 PM
nasdaq.com logoBlackBerry (BBRY) Reports Breakeven Earnings in Q1
www.nasdaq.com - June 24 at 2:31 AM
marketwatch.com logoBlackBerry's stock sinks as surprise profit offset by sales miss - MarketWatch
www.marketwatch.com - June 23 at 4:27 PM
seekingalpha.com logoBlackBerry To Acquire Something - Anything - And Other Musings - Seeking Alpha
seekingalpha.com - June 23 at 4:27 PM
investorplace.com logoBlackBerry Ltd (BBRY) Stock Succumbs to the Creep of Doubt - Investorplace.com
investorplace.com - June 23 at 4:27 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Issues Earnings Results
www.americanbankingnews.com - June 23 at 9:28 AM
feeds.benzinga.com logoBlackBerry Reports Profitability in Fiscal 2018 First Quarter
feeds.benzinga.com - June 23 at 7:34 AM
americanbankingnews.com logoBlackBerry Limited Target of Unusually Large Options Trading (BBRY)
www.americanbankingnews.com - June 22 at 4:56 PM
americanbankingnews.com logoStock Traders Buy Large Volume of Put Options on BlackBerry Limited (BBRY)
www.americanbankingnews.com - June 22 at 4:56 PM
seekingalpha.com logoBlackBerry slate of directors elected to board - Seeking Alpha
seekingalpha.com - June 22 at 11:52 AM
seekingalpha.com logoBlackBerry Debt Could Impact Earnings - BlackBerry Ltd. (NASDAQ ... - Seeking Alpha
seekingalpha.com - June 22 at 11:52 AM
investorplace.com logoBlackBerry Ltd (BBRY) Stock Holders Might Be Losing Patience - Investorplace.com
investorplace.com - June 22 at 11:52 AM
seekingalpha.com logoBlackBerry's (BBRY) CEO John Chen Hosts 2017 Annual General Meeting (Transcript)
seekingalpha.com - June 21 at 4:46 PM
finance.yahoo.com logoCredit Suisse Previews Blackberry's Q1 Earnings
finance.yahoo.com - June 21 at 4:46 PM
finance.yahoo.com logoKey Trends To Watch As BlackBerry Reports Q1 Earnings
finance.yahoo.com - June 21 at 4:46 PM
finance.yahoo.com logoBlackBerry Announces Election Results for the Company's Board of Directors
finance.yahoo.com - June 21 at 4:46 PM
americanbankingnews.com logoCredit Suisse Group Reaffirms "Underperform" Rating for BlackBerry Limited (BBRY)
www.americanbankingnews.com - June 21 at 3:40 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Receives "Equal Weight" Rating from Morgan Stanley
www.americanbankingnews.com - June 21 at 10:04 AM
thestreet.com logoBlackBerry Shorts Watch Out, It Could Rip Big After It Reports - TheStreet.com
www.thestreet.com - June 20 at 9:30 PM
nasdaq.com logoWhat's in Store for BlackBerry (BBRY) Stock in Q1 Earnings?
www.nasdaq.com - June 20 at 4:29 PM
finance.yahoo.com logoBlackBerry Enables the Enterprise of Things to Thrive with Enhanced Mobile-Security Platform
finance.yahoo.com - June 20 at 4:29 PM
finance.yahoo.com logoWhat's in Store for BlackBerry (BBRY) Stock in Q1 Earnings?
finance.yahoo.com - June 20 at 4:29 PM
finance.yahoo.com logoQualcomm (QCOM) Down on Stiff Competition, Lawsuits & Fines
finance.yahoo.com - June 20 at 4:29 PM
finance.yahoo.com logoWhatsApp Extends Blackberry Service Date Again
finance.yahoo.com - June 20 at 4:29 PM
finance.yahoo.com logoBlackBerry Shorts Watch Out, It Could Rip Big After It Reports
finance.yahoo.com - June 20 at 4:29 PM
seekingalpha.com logoBlackBerry Will Easily Beat And Rise On Earnings - Seeking Alpha
seekingalpha.com - June 19 at 9:01 PM
americanbankingnews.com logo Analysts Expect BlackBerry Limited (BBRY) Will Post Quarterly Sales of $264.00 Million
www.americanbankingnews.com - June 18 at 7:52 AM
americanbankingnews.com logoImperial Capital Boosts BlackBerry Limited (BBRY) Price Target to $10.00
www.americanbankingnews.com - June 17 at 9:04 PM
finance.yahoo.com logoCan BlackBerry Improve Its Profit Margins in Fiscal 2018?
finance.yahoo.com - June 17 at 3:52 AM
americanbankingnews.com logo-$0.02 Earnings Per Share Expected for BlackBerry Limited (BBRY) This Quarter
www.americanbankingnews.com - June 16 at 10:20 PM

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Chart

BlackBerry Limited (BBRY) Chart for Thursday, June, 29, 2017

This page was last updated on 6/29/2017 by MarketBeat.com Staff