BlackBerry Limited Company Profile (NASDAQ:BBRY)

About BlackBerry Limited

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: Diversified Communication Services
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: BBRY
  • CUSIP:
Key Metrics:
  • Previous Close: $7.16
  • 50 Day Moving Average: $7.20
  • 200 Day Moving Average: $7.47
  • 52-Week Range: $530,000,000.00 - $6.23
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 236.00
  • P/E Growth: -26.66
  • Market Cap: $3.75B
  • Outstanding Shares: 530,000,000
  • 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%
Additional Links:
Companies Related to BlackBerry Limited:

Analyst Ratings

Consensus Ratings for BlackBerry Limited (NASDAQ:BBRY) (?)
Ratings Breakdown: 2 Sell Ratings, 11 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.76 (9.59% upside)

Analysts' Ratings History for BlackBerry Limited (NASDAQ:BBRY)
Show:
DateFirmActionRatingPrice TargetDetails
1/30/2017Canaccord GenuityLower Price TargetHold$7.50 -> $7.00View Rating Details
12/23/2016MKM PartnersReiterated RatingNeutral$8.00View Rating Details
12/23/2016BMO Capital MarketsReiterated RatingMarket Perform$8.00View Rating Details
12/22/2016Imperial CapitalLower Price TargetIn -> In-Line$8.50 -> $8.25View Rating Details
12/22/2016Wells Fargo & CoReiterated RatingMarket PerformView Rating Details
12/16/2016Credit Suisse GroupReiterated RatingUnderperform$6.00View Rating Details
9/30/2016TD SecuritiesReiterated RatingBuy$9.00 -> $10.00View Rating Details
9/29/2016RBC Capital MarketsBoost Price TargetUnderperform -> Neutral$7.00 -> $7.50View Rating Details
9/29/2016MacquarieUpgradeUnderperform -> Neutral$7.00 -> $8.50View Rating Details
9/29/2016Royal Bank of CanadaBoost Price TargetSector Perform$7.00 -> $7.50View Rating Details
9/29/2016Morgan StanleyReiterated RatingEqual Weight$7.00View Rating Details
9/29/2016Goldman Sachs Group, Inc. (The)Reiterated RatingSell$6.00View Rating Details
8/29/2016J P Morgan Chase & CoBoost Price TargetNeutral$7.00 -> $8.00View Rating Details
8/12/2016Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$8.00 -> $10.50View Rating Details
6/27/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
(Data available from 2/26/2016 forward)

Earnings

Earnings History for BlackBerry Limited (NASDAQ:BBRY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/20/2016Q317($0.01)$0.02$301.00 millionViewN/AView Earnings Details
4/1/2016Q416($0.10)($0.03)$487.00 millionViewN/AView Earnings Details
12/18/2015Q316($0.15)($0.03)$557.00 millionViewListenView Earnings Details
9/25/2015Q216($0.09)($0.13)$491.00 millionViewListenView Earnings Details
6/23/2015Q116($0.03)($0.05)$658.00 millionViewListenView Earnings Details
3/27/2015Q415($0.03)$0.04$802.29 million$660.00 millionViewN/AView Earnings Details
12/19/2014Q315($0.05)$0.01$793.00 millionViewN/AView Earnings Details
9/26/2014Q215($0.16)($0.02)$916.00 millionViewN/AView Earnings Details
6/19/2014Q115$0.63($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)
Current Year EPS Consensus Estimate: $0.02 EPS
Next Year EPS Consensus Estimate: $0.03 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.04)($0.04)($0.04)
Q2 20162($0.14)($0.09)($0.12)
Q3 20163($0.13)($0.08)($0.11)
Q4 20163($0.12)($0.09)($0.11)
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($0.04)($0.04)($0.04)
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

Latest Headlines for BlackBerry Limited (NASDAQ:BBRY)
DateHeadline
capitalcube.com logoBlackBerry Ltd. – Value Analysis (NASDAQ:BBRY) : February 24, 2017 (NASDAQ:BBRY)
us.rd.yahoo.com - February 24 at 6:05 PM
News IconMovers of most recent trading session: BlackBerry Limited (NASDAQ:BBRY), DHT Holdings, Inc. (NYSE:DHT) - The Newburgh Press (NASDAQ:BBRY)
newburghpress.com - February 24 at 1:02 PM
News IconThe BlackBerry Limited (BBRY) Position Raised by Iridian Asset Management LLC CT (NASDAQ:BBRY)
mundoaguaysaneamiento.net - February 23 at 8:53 PM
News IconAnalysts Peer Into Their Crystal Balls For BlackBerry Limited (NASDAQ:BBRY): Where Is It headed? - Winfield Review (NASDAQ:BBRY)
winfieldreview.com - February 23 at 3:52 PM
nasdaq.com logoFirst Week of BBRY December 15th Options Trading - Nasdaq (NASDAQ:BBRY)
www.nasdaq.com - February 23 at 3:52 PM
capitalcube.com logoBlackBerry Ltd. breached its 50 day moving average in a Bearish Manner : BBRY-US : February 23, 2017 (NASDAQ:BBRY)
www.capitalcube.com - February 23 at 3:52 PM
seekingalpha.com logoBlackBerry: Putting The Anxiety Level In Check - Seeking Alpha (NASDAQ:BBRY)
seekingalpha.com - February 22 at 3:51 PM
us.rd.yahoo.com logoThe Precipitous Fall Of The Blackberry In One Graph (NASDAQ:BBRY)
us.rd.yahoo.com - February 22 at 11:15 AM
finance.yahoo.com logoBlackBerry's fall from grace, in one chart (NASDAQ:BBRY)
finance.yahoo.com - February 22 at 11:15 AM
investorplace.com logoWhy BlackBerry Ltd (BBRY) Stock Won't Escape This Ditch Anytime Soon - Investorplace.com (NASDAQ:BBRY)
investorplace.com - February 21 at 4:02 PM
marketrealist.com logoApple Could Introduce Apple Pencil 2 with New iPad (NASDAQ:BBRY)
marketrealist.com - February 21 at 11:17 AM
seekingalpha.com logoBlackBerry: Ready To Beat Earnings? - BlackBerry Ltd. (NASDAQ ... - Seeking Alpha (NASDAQ:BBRY)
seekingalpha.com - February 20 at 3:44 PM
marketrealist.com logoIt’s Complicated: Apple’s Recent Push in India (NASDAQ:BBRY)
marketrealist.com - February 16 at 3:53 PM
seekingalpha.com logoBloomberg: BlackBerry suing Nokia for patent infringements (NASDAQ:BBRY)
seekingalpha.com - February 16 at 8:47 AM
finance.yahoo.com logoToday's Research Reports on Trending Tickers: Kraft Heinz and BlackBerry (NASDAQ:BBRY)
finance.yahoo.com - February 16 at 8:47 AM
investopedia.com logoBlackBerry Launches Patent Lawsuit Against Nokia (NASDAQ:BBRY)
www.investopedia.com - February 16 at 8:47 AM
investorplace.com logoBlackBerry Ltd (BBRY) Might Actually Make Money Again Someday ... - Investorplace.com (NASDAQ:BBRY)
investorplace.com - February 14 at 3:27 PM
investorplace.com logoBlackBerry Ltd (BBRY) Stock Worth $8 a Share - Investorplace.com (NASDAQ:BBRY)
investorplace.com - February 11 at 3:50 PM
News IconBlackBerry Limited (NASDAQ:BBRY) Long-Term Growth Estimate At $3.205 - Transcript Daily (NASDAQ:BBRY)
transcriptdaily.com - February 8 at 4:00 PM
News IconBBRY Stock: Has BlackBerry Ltd Found Its Next Growth Driver? - Amigobulls (NASDAQ:BBRY)
amigobulls.com - February 8 at 4:00 PM
nasdaq.com logoBlackBerry Breaks Above 200-Day Moving Average - Bullish for BBRY - Nasdaq (NASDAQ:BBRY)
www.nasdaq.com - February 8 at 4:00 PM
finance.yahoo.com logoPRESS DIGEST- Canada-Feb 8 (NASDAQ:BBRY)
finance.yahoo.com - February 8 at 4:00 PM
cnbc.com logoBlackBerry is trying a new way to make money from Messenger (NASDAQ:BBRY)
www.cnbc.com - February 8 at 4:00 PM
investopedia.com logoBlackBerry to License Software to App Developers (NASDAQ:BBRY)
www.investopedia.com - February 8 at 4:00 PM
streetinsider.com logoBlackBerry (BBRY) Introduces BBM Enterprise SDK, Cloud-Based Communications Platform for Developers (NASDAQ:BBRY)
www.streetinsider.com - February 7 at 9:48 PM
streetinsider.com logoBlackBerry (BBRY) Introduces BBM Enterprise SDK, Cloud-Based Communications Platform for Developers - StreetInsider.com (NASDAQ:BBRY)
www.streetinsider.com - February 7 at 4:47 PM
News IconChipotle Mexican Grill, Inc. 9.5% Potential Decrease Now Implied by Maxim Group (NASDAQ:BBRY)
cloudhostinghq.net - February 6 at 8:52 PM
wsj.com logoJenny Holzer's Favorite Things (NASDAQ:BBRY)
us.rd.yahoo.com - February 6 at 8:52 PM
investopedia.com logoBlackBerry Inks India Deal With Optiemus Infracom (NASDAQ:BBRY)
www.investopedia.com - February 6 at 8:52 PM
News IconConsensus Price Of BlackBerry Limited (NASDAQ:BBRY) Set At $8.075 - Transcript Daily (NASDAQ:BBRY)
transcriptdaily.com - February 5 at 3:49 PM
News IconThe BlackBerry Limited (BBRY) PT Lowered to $7.00 at Canaccord Genuity (NASDAQ:BBRY)
flapship.com - February 1 at 9:04 PM
News IconBlackBerry Limited (NASDAQ:BBRY) Broker Price Targets For The Coming Week (NASDAQ:BBRY)
xboxonezone.com - February 1 at 9:04 PM
News IconEarnings Forecast Research on BlackBerry Limited (BBRY) - Highland Mirror (NASDAQ:BBRY)
www.highlandmirror.com - February 1 at 4:03 PM
fool.ca logoContrarian Investors: Steer Clear of BlackBerry Ltd. - The Motley Fool Canada (NASDAQ:BBRY)
www.fool.ca - January 31 at 9:07 PM
News IconBlackBerry Ltd (BBRY): Canaccord Genuity believes enterprise sales channel and product development is needed - Smаrt Stоck Nеws (NASDAQ:BBRY)
smartstocknews.com - January 31 at 9:07 PM
seekingalpha.com logoWhy Doesn't BlackBerry Talk About Qualcomm? - Seeking Alpha (NASDAQ:BBRY)
seekingalpha.com - January 31 at 9:07 PM
News IconEquity Update & Outlook on BlackBerry Limited (NASDAQ:BBRY) - Aiken Advocate (NASDAQ:BBRY)
aikenadvocate.com - January 31 at 3:10 AM
finance.yahoo.com logoBlackberry's Chen on U.S. Immigration Ban (NASDAQ:BBRY)
finance.yahoo.com - January 30 at 9:58 PM
News IconKeep in touch with Analyst's PT Estimates: BlackBerry Limited's (BBRY) (NASDAQ:BBRY)
larampadinapoli.com - January 28 at 3:49 PM
News IconAnalyst Issued Price Target in Spotlight for BlackBerry Limited (NASDAQ:BBRY) - Aiken Advocate (NASDAQ:BBRY)
aikenadvocate.com - January 28 at 3:18 AM
News IconIs There Inherent Value in BlackBerry Limited (NASDAQ:BBRY)? Analysts Delve Into The Stock - Wall Street Beacon (NASDAQ:BBRY)
wsbeacon.com - January 28 at 3:18 AM
nasdaq.com logoBlackBerry Ltd (BBRY) DTEK70: Game-Changer or Non-Event? - Nasdaq (NASDAQ:BBRY)
www.nasdaq.com - January 28 at 3:18 AM
News IconBlackBerry Limited (NASDAQ:BBRY)- Stocks Luring Investors with ... - Street Wise Report (press release) (blog) (NASDAQ:BBRY)
streetwisereport.com - January 26 at 4:22 PM
News IconBlackBerry Limited (NASDAQ:BBRY) hit its 52 Week low of $6.23 on Jun 27, 2016 - The Newburgh Press (NASDAQ:BBRY)
newburghpress.com - January 26 at 4:22 PM
investorplace.com logoBlackBerry Ltd (BBRY) DTEK70: Game-Changer or Non-Event? - Investorplace.com (NASDAQ:BBRY)
investorplace.com - January 26 at 4:22 PM
News IconPeeling Back The Layers on BlackBerry Limited (NASDAQ:BBRY): Sell-Side Weighs In - Wall Street Beacon (NASDAQ:BBRY)
wsbeacon.com - January 25 at 2:26 AM
bizjournals.com logoCommunication Services Stocks on Investors' Radar -- BlackBerry, Vonage, SBA Communications, and NeuStar (NASDAQ:BBRY)
www.bizjournals.com - January 24 at 4:22 PM
nasdaq.com logoFirst Week of BBRY May 19th Options Trading (NASDAQ:BBRY)
www.nasdaq.com - January 24 at 4:22 PM
investopedia.com logoBlackBerry Enters Indian Market Via AtHoc (NASDAQ:BBRY)
www.investopedia.com - January 23 at 4:11 PM
News IconDeath to Blackberry Phones – Long Live Blackberry Self-driving Cars! (NASDAQ:BBRY)
learnbonds.com - January 22 at 2:11 AM

Social

What is BlackBerry Limited's stock symbol?

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

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

15 brokers have issued 1-year price objectives for BlackBerry Limited's shares. Their forecasts range from $6.00 to $10.50. On average, they expect BlackBerry Limited's share price to reach $7.76 in the next twelve months.

What are analysts saying about BlackBerry Limited stock?

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

  • According to Zacks Investment Research, "We are positive on BlackBerry's decision to end all internal hardware development and outsource the same to its partners.The company's new guidance with respect to the bottom line for fiscal 2017 is also encouraging. The company expects to return to profit in fiscal 2017. The previous outlook was in the range of breakeven results to a loss of $0.05 per share. Recently, the company entered into a deal with Chinese handset manufacturer TCL Communications to produce BlackBerry handsets for certain countries across the globe. The deal with Giuliani Partners to combat cyber threats is also encouraging. Inspite of these positives, shares of BlackBerry have perperformed better than the broader industry over the past one year. However, the company continues to grapple with headwinds like adverse foreign currency movements." (2/2/2017)

  • 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)
  • Morgan Stanley analysts commented, "more revenue becomes recurring." However, the firm is not ready to change its rating or price target, which remain Equal-Weight rated and at $7.Analysts James Faucette and Meta Marshall pointed out that BlackBerry sees 30 percent growth from its software/messaging business. They see 81 percent of second-quarter revenue from software/messaging was a recurring one. Therefore, the company needs to nearly double non-recurring revenue in the remaining period of the current fiscal year.In a research note, the brokerage said, "We think this will be a challenge to do, but perhaps the company is anticipating an uptick in perpetual license purchases at the end of the year. While the BlackBerry Radar deal signed with Caravan is a good win, we estimate that it only contributes $0.5 million in FY17 ($0.2–0.3 million of that recurring)." (9/29/2016)

  • Credit Suisse Group analysts commented, "We continue to doubt the sustainability of the software business as the IP licensing revenue seems unpredictable. Additionally, we also question the quality of some of the acquisitions made in the Software segment, especially Good Technology, which could create significant integration risk," Garcha wrote in a note.Related Link: Morgan Stanley Sees BlackBerry's Software Targets As "Aggressive"Additionally, the company said it would discontinue its handset hardware development and outsource it to third-parties."This shift to a royalty-rate business will likely have a negative impact on top line revenue for the hardware business, but should improve the segment's GM and OM profile if this transition is successful," Garcha highlighted.The analyst expressed concerns that Services business seems to be trending to zero long term, despite accounting for significant chunk of operating profit. "Despite the company transitioning its hardware business strategy, we believe, with the current structure, BBRY would still not be profitable unless software scales or the company cuts operating costs (which is happening). This remains a fine balancing act, in our view," (9/29/2016)

Who owns BlackBerry Limited stock?

BlackBerry Limited's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Iridian Asset Management LLC CT (3.95%), Renaissance Technologies LLC (2.77%), Letko Brosseau & Associates Inc. (0.64%), Dimensional Fund Advisors LP (0.29%), AQR Capital Management LLC (0.19%) and Public Sector Pension Investment Board (0.16%).

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 FMR LLC, Renaissance Technologies LLC, AQR Capital Management LLC, Dimensional Fund Advisors LP, Guggenheim Capital LLC, Trexquant Investment LP, Credit Agricole S A and Fiera Capital Corp.

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

BlackBerry Limited's stock was bought by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Wynnefield Capital Inc., Letko Brosseau & Associates Inc., Seven Eight Capital LP, ING Groep NV, Pacad Investment Ltd., Russell Investments Group Ltd. and Brown Advisory Inc..

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.

How much does a share of BlackBerry Limited stock cost?

One share of BlackBerry Limited stock can currently be purchased for approximately $7.08.

BlackBerry Limited (NASDAQ:BBRY) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for BlackBerry Limited (NASDAQ:BBRY)

Earnings History Chart

Earnings by Quarter for BlackBerry Limited (NASDAQ:BBRY)

Dividend History Chart

Dividend Payments by Quarter for BlackBerry Limited (NASDAQ:BBRY)

Last Updated on 2/26/2017 by MarketBeat.com Staff