BlackBerry Ltd Company Profile (NASDAQ:BBRY)

About BlackBerry Ltd (BBRY)

BlackBerry Ltd 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: Diversified Communication Services
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: BBRY
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $9.20
  • 50 Day Moving Average: $7.84
  • 200 Day Moving Average: $7.42
  • 52-Week Range: $6.23 - $9.33
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 116.50
  • P/E Growth: 44.77
  • Market Cap: $4.95B
  • Outstanding Shares: 531,000,000
  • Beta: 1.04
Profitability:
  • Net Margins: -93.19%
  • Return on Equity: -3.62%
  • Return on Assets: -2.03%
Debt:
  • Debt-to-Equity Ratio: 0.29%
  • Current Ratio: 2.71%
  • Quick Ratio: 2.64%

Analyst Ratings

Consensus Ratings for BlackBerry Ltd (NASDAQ:BBRY) (?)
Ratings Breakdown: 2 Sell Ratings, 11 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $8.66 (7.10% downside)

Analysts' Ratings History for BlackBerry Ltd (NASDAQ:BBRY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/19/2017William BlairReiterated RatingMarket PerformLowView Rating Details
4/17/2017BMO Capital MarketsBoost Price TargetMarket Perform$8.00 -> $9.00LowView Rating Details
4/12/2017Canaccord GenuitySet Price TargetHold$8.00 -> $10.00MediumView Rating Details
4/12/2017Raymond James Financial, Inc.Reiterated RatingOutperformHighView Rating Details
4/12/2017CIBCUpgradeSector Underperform -> Sector Perform$10.00MediumView Rating Details
4/12/2017ScotiabankUpgradeSector Perform -> OutperformMediumView Rating Details
4/6/2017Imperial CapitalReiterated RatingIn-Line$8.25LowView Rating Details
4/3/2017MacquarieUpgradeNeutral -> Outperform$8.10 -> $9.00LowView Rating Details
3/24/2017Royal Bank of CanadaReiterated RatingHold$7.50LowView Rating Details
3/13/2017Global Equities ResearchInitiated CoverageOverweight$11.00LowView Rating Details
12/23/2016MKM PartnersReiterated RatingNeutral$8.00N/AView Rating Details
12/22/2016Wells Fargo & CoReiterated RatingMarket PerformN/AView Rating Details
12/16/2016Credit Suisse Group AGReiterated RatingUnderperform$6.00N/AView Rating Details
9/30/2016TD SecuritiesReiterated RatingBuy$9.00 -> $10.00N/AView Rating Details
9/29/2016Morgan StanleyReiterated RatingEqual Weight$7.00N/AView Rating Details
9/29/2016Goldman Sachs Group IncReiterated RatingSell$6.00N/AView Rating Details
8/29/2016JPMorgan Chase & Co.Boost Price TargetNeutral$7.00 -> $8.00N/AView Rating Details
6/27/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
(Data available from 4/28/2016 forward)

Earnings

Earnings History for BlackBerry Ltd (NASDAQ:BBRY)
Earnings by Quarter for BlackBerry Ltd (NASDAQ:BBRY)
Earnings History by Quarter for BlackBerry Ltd (NASDAQ:BBRY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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 Ltd (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 Ltd (NASDAQ:BBRY)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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

Headlines

Headline Trends for BlackBerry Ltd (NASDAQ:BBRY)
Latest Headlines for BlackBerry Ltd (NASDAQ:BBRY)
Source:
DateHeadline
finance.yahoo.com logoBlackBerry KEYone preorders begin May 18
finance.yahoo.com - April 27 at 4:15 PM
americanbankingnews.com logoShort Interest in BlackBerry Ltd (BBRY) Grows By 16.0%
www.americanbankingnews.com - April 27 at 7:02 AM
americanbankingnews.com logoBlackBerry (BBRY) Given News Sentiment Score of -0.01
www.americanbankingnews.com - April 26 at 6:06 PM
seekingalpha.com logoBlackBerry: Another Payday Coming? - Seeking Alpha
seekingalpha.com - April 26 at 4:10 PM
finance.yahoo.com logoIs Apple Intentionally Going To Delay The High-End iPhone 8 Launch?
finance.yahoo.com - April 24 at 3:51 PM
americanbankingnews.com logoFavorable News Coverage Very Unlikely to Affect BlackBerry (BBRY) Share Price
www.americanbankingnews.com - April 23 at 10:19 AM
americanbankingnews.com logoBlackBerry (BBRY) Earns News Sentiment Score of 0.02
www.americanbankingnews.com - April 20 at 3:33 PM
finance.yahoo.com logoBlackBerry Expands its CyberSecurity Services Reach via Allied World
finance.yahoo.com - April 19 at 11:17 AM
finance.yahoo.com logo[$$] BlackBerry chief predicts second life for its phones
finance.yahoo.com - April 19 at 11:17 AM
seekingalpha.com logoBlackBerry: 3 Profit Myths Debunked - Seeking Alpha
seekingalpha.com - April 18 at 3:45 PM
seekingalpha.com logoBlackBerry: The Situation Has Not Changed Yet - Seeking Alpha
seekingalpha.com - April 18 at 3:45 PM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 18 at 3:12 PM
finance.yahoo.com logoTASER Just Changed Its Name to Axon: Does It Matter?
finance.yahoo.com - April 18 at 11:55 AM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Rating Reiterated by Raymond James Financial, Inc.
www.americanbankingnews.com - April 18 at 7:27 AM
americanbankingnews.com logoSomewhat Positive News Coverage Very Unlikely to Impact BlackBerry (BBRY) Stock Price
www.americanbankingnews.com - April 17 at 4:10 PM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Short Interest Down 0.9% in March
www.americanbankingnews.com - April 17 at 1:02 PM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Earns Market Perform Rating from BMO Capital Markets
www.americanbankingnews.com - April 17 at 12:20 PM
seekingalpha.com logoBlackBerry Fair Value Is Closer To $10 Now, Could Be $20 Long-Term
seekingalpha.com - April 17 at 10:51 AM
americanbankingnews.com logoBlackBerry (BBRY) Given Daily Coverage Optimism Rating of 0.16
www.americanbankingnews.com - April 14 at 5:58 PM
americanbankingnews.com logoCanaccord Genuity Reiterates $10.00 Price Target for BlackBerry Ltd (BBRY)
www.americanbankingnews.com - April 13 at 6:15 PM
rttnews.com logoBlackBerry Ltd. (BBRY) Jumped To A New High After Arbitration Win
www.rttnews.com - April 13 at 3:58 PM
nasdaq.com logoBlackBerry Reaches Analyst Target Price
www.nasdaq.com - April 13 at 3:58 PM
investorplace.com logoBlackBerry Ltd (BBRY) Wins the Battle — Can it Win the War?
investorplace.com - April 13 at 3:58 PM
finance.yahoo.com logo[$$] BlackBerry's Surprisingly Large Arb Award
finance.yahoo.com - April 13 at 3:58 PM
finance.yahoo.com logoResearch Reports Initiated on Technology Stocks Wi-LAN, BlackBerry, Sangoma Technologies, and Apivio Systems
finance.yahoo.com - April 13 at 3:58 PM
finance.yahoo.com logoBlackBerry Upgrades, Short Covering Could Fuel Recent Rally
finance.yahoo.com - April 13 at 3:58 PM
finance.yahoo.com logo[$$] The Fast Lane: in search of Easter treats
finance.yahoo.com - April 13 at 3:58 PM
finance.yahoo.com logoBlackBerry Wins Settlement, But Investors Should Wait
finance.yahoo.com - April 13 at 3:58 PM
finance.yahoo.com logoThe Top Tech Stories of the Week
finance.yahoo.com - April 13 at 3:58 PM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 13 at 9:01 AM
finance.yahoo.com logoCANADA STOCKS-TSX ends lower as heavyweight sectors drag; BlackBerry jumps
finance.yahoo.com - April 12 at 8:49 PM
finance.yahoo.com logoCANADA STOCKS-Energy losses lead TSX lower; BlackBerry jumps to 1-year high
finance.yahoo.com - April 12 at 8:49 PM
finance.yahoo.com logoBlackBerry's Balsillie Says Canada Needs New IP Strategy
finance.yahoo.com - April 12 at 8:49 PM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Upgraded at Scotiabank
www.americanbankingnews.com - April 12 at 7:35 PM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Stock Rating Upgraded by CIBC
www.americanbankingnews.com - April 12 at 7:35 PM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Earns Outperform Rating from Raymond James Financial, Inc.
www.americanbankingnews.com - April 12 at 7:34 PM
usatoday.com logoBlackberry shares up 17% on $814.9M arbitration award
www.usatoday.com - April 12 at 3:48 PM
finance.yahoo.com logoBlackberry Was Awarded $815 Million For Overpaid Royalty Fees to Qualcomm
finance.yahoo.com - April 12 at 3:48 PM
americanbankingnews.com logoBlackBerry Target of Unusually Large Options Trading (BBRY)
www.americanbankingnews.com - April 12 at 2:11 PM
americanbankingnews.com logoBlackBerry Sees Unusually High Options Volume (BBRY)
www.americanbankingnews.com - April 12 at 2:11 PM
finance.yahoo.com logoPost Earnings Coverage as BlackBerry Surpassed Revenue and Earnings Expectations
finance.yahoo.com - April 12 at 11:26 AM
marketwatch.com logoUPDATE: BlackBerry awarded $814.9 million in arbitration dispute with Qualcomm, stock jumps 12%
www.marketwatch.com - April 12 at 11:26 AM
finance.yahoo.com logoCANADA STOCKS-TSX slips early; BlackBerry surges after arbitration win
finance.yahoo.com - April 12 at 11:26 AM
finance.yahoo.com logoBlackBerry Stock Pops Following $815 Million Arbitration Ruling
finance.yahoo.com - April 12 at 11:26 AM
finance.yahoo.com logoBlackBerry’s $815 Million Arbitration Win Won’t Solve All Its Problems
finance.yahoo.com - April 12 at 11:26 AM
finance.yahoo.com logoQualcomm to pay BlackBerry $814.9 million to settle royalties dispute
finance.yahoo.com - April 12 at 11:26 AM
finance.yahoo.com logoDelta stock jumps, United shares bounce back, Walmart offers new discounts
finance.yahoo.com - April 12 at 11:26 AM
finance.yahoo.com logoQualcomm Loses BlackBerry Arbitration Amid Apple Dispute
finance.yahoo.com - April 12 at 11:26 AM
finance.yahoo.com logoTech Today: BlackBerry Soars, HP's Nice PC Trends, Microsoft's 'Windows Cloud'
finance.yahoo.com - April 12 at 11:26 AM
finance.yahoo.com logo[$$] BlackBerry Awarded $814.9 Million in Arbitration Against Qualcomm
finance.yahoo.com - April 12 at 11:26 AM

Social

Frequently Asked Questions for BlackBerry Ltd (NASDAQ:BBRY)

What is BlackBerry Ltd's stock symbol?

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

How were BlackBerry Ltd's earnings last quarter?

BlackBerry Ltd (NASDAQ:BBRY) released its quarterly earnings results on Friday, March, 31st. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.08. The company earned $297 million during the quarter, compared to the consensus estimate of $288.45 million. BlackBerry Ltd had a negative return on equity of 3.62% and a negative net margin of 93.19%. BlackBerry Ltd's revenue was down 39.0% compared to the same quarter last year. During the same quarter last year, the business posted ($0.03) earnings per share.

What guidance has BlackBerry Ltd issued on next quarter's earnings?

BlackBerry Ltd updated its FY17 earnings guidance on Wednesday, September, 28th. The company provided earnings per share (EPS) guidance of ($0.05)-0.00 for the period, compared to the Thomson Reuters consensus estimate of ($0.16).

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

18 brokers have issued twelve-month target prices for BlackBerry Ltd's shares. Their forecasts range from $6.00 to $11.00. On average, they anticipate BlackBerry Ltd's share price to reach $8.66 in the next year.

What are analysts saying about BlackBerry Ltd stock?

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

  • 1. According to Zacks Investment Research, "Shares of BlackBerry have outperformed the Zacks categorized Wireless - Non US industry over the last one month. Ushering in further good news, the company reported narrower- than-expected loss in the fourth quarter of fiscal 2017. Its decision to end all internal hardware development and focus exclusively on software bussiness seems to be paying off. Loss also narrowed on a year-over-year basis. Lower costs boosted the company’s bottom-line performance. 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." (4/7/2017)
  • 2. 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)
  • 3. 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 Ltd?

BlackBerry Ltd saw a increase in short interest during the month of April. As of April 13th, there was short interest totalling 61,720,061 shares, an increase of 16.0% from the March 31st total of 53,221,531 shares. Based on an average daily volume of 14,360,782 shares, the short-interest ratio is currently 4.3 days. Currently, 11.9% of the shares of the company are sold short.

Who owns BlackBerry Ltd stock?

BlackBerry Ltd's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (1.06%), Hollencrest Securities LLC (0.03%), Beech Hill Advisors Inc. (0.02%), Capstone Asset Management Co. (0.01%), Shell Asset Management Co. (0.01%) and Greylin Investment Mangement Inc. (0.01%).

Who sold BlackBerry Ltd stock? Who is selling BlackBerry Ltd stock?

BlackBerry Ltd's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Greylin Investment Mangement Inc., IFP Advisors Inc, Janney Montgomery Scott LLC, Shell Asset Management Co. and Sigma Planning Corp.

Who bought BlackBerry Ltd stock? Who is buying BlackBerry Ltd stock?

BlackBerry Ltd's stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Korea Investment CORP, Kissinger Financial Services LLC, Capstone Asset Management Co. and Beech Hill Advisors Inc..

How do I buy BlackBerry Ltd stock?

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

How much does a share of BlackBerry Ltd stock cost?

One share of BlackBerry Ltd stock can currently be purchased for approximately $9.32.

BlackBerry Ltd (BBRY) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by MarketBeat.com Staff