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
  • Sub-Industry: N/A
  • Symbol: NASDAQ:BBRY
  • CUSIP: N/A
  • Web: ca.blackberry.com
Capitalization:
  • Market Cap: $5.23 billion
  • Outstanding Shares: 531,000,000
Average Prices:
  • 50 Day Moving Avg: $9.05
  • 200 Day Moving Avg: $9.24
  • 52 Week Range: $6.65 - $11.74
P/E:
  • Trailing P/E Ratio: 40.53
  • Foreward P/E Ratio: 123.13
  • P/E Growth: 30.67
Sales & Book Value:
  • Annual Revenue: $1.14 billion
  • Price / Sales: 4.59
  • Book Value: $5.15 per share
  • Price / Book: 1.91
Profitability:
  • EBIDTA: $124 million
  • Net Margins: 11.68%
  • Return on Equity: -1.67%
  • Return on Assets: -1.01%
Debt:
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 5.32%
  • Quick Ratio: 5.30%
Misc:
  • Average Volume: 4.90 million shs.
  • Beta: 0.99
  • Short Ratio: 9.76
 

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 will BlackBerry Limited's stock buyback program work?

BlackBerry Limited announced that its board has authorized a stock repurchase program on Monday, August 7th 2017, which allows the company to buyback 31,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

How were BlackBerry Limited's earnings last quarter?

BlackBerry Limited (NASDAQ:BBRY) released its quarterly earnings results on Friday, June, 23rd. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.02. The firm earned $244 million during the quarter, compared to analysts' expectations of $262.80 million. BlackBerry Limited had a net margin of 11.68% and a negative return on equity of 1.67%. BlackBerry Limited's revenue for the quarter was down 42.5% on a year-over-year basis. View BlackBerry Limited's Earnings History.

When will BlackBerry Limited make its next earnings announcement?

BlackBerry Limited is scheduled to release their next quarterly earnings announcement on Thursday, September, 28th 2017. View Earnings Estimates for BlackBerry Limited.

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

16 analysts have issued 12 month price targets for BlackBerry Limited's shares. Their predictions range from $7.00 to $11.00. On average, they anticipate BlackBerry Limited's stock price to reach $9.27 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. 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 Limited?

BlackBerry Limited saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 42,357,117 shares, an increase of 9.9% from the August 15th total of 38,543,592 shares. Based on an average trading volume of 3,539,773 shares, the short-interest ratio is currently 12.0 days. Approximately 8.1% 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
  • 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
  • Steven E. Zipperstein, Chief Legal Officer, Corporate Secretary
  • V. Prem Watsa, Lead Independent Director
  • Laurie Smaldone Alsup M.D., Independent Director

Who owns BlackBerry Limited stock?

BlackBerry Limited's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Iridian Asset Management LLC CT (4.29%), Ontario Teachers Pension Plan Board (2.41%), Vanguard Group Inc. (2.15%), Renaissance Technologies LLC (1.53%), First Eagle Investment Management LLC (1.16%) and CIBC World Markets Inc. (1.15%). 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, Iridian Asset Management LLC CT, Ontario Teachers Pension Plan Board, Royal Bank of Canada, Bank of Montreal Can, PineView Asset Management LP, Crawford Lake Capital Management LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling for BlackBerry Limited.

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

BlackBerry Limited's stock was acquired by a variety of institutional investors in the last quarter, including Contour Asset Management LLC, FMR LLC, CI Investments Inc., Kornitzer Capital Management Inc. KS, Beck Mack & Oliver LLC, Jennison Associates LLC, Quantitative Investment Management LLC and Vanguard Group 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 $9.85.


MarketBeat Community Rating for BlackBerry Limited (NASDAQ BBRY)
Community Ranking:  0.9 out of 5 ()
Outperform Votes:  376 (Vote Outperform)
Underperform Votes:  1,774 (Vote Underperform)
Total Votes:  2,150
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, 10 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: $9.27 (5.93% downside)

Analysts' Ratings History for BlackBerry Limited (NASDAQ:BBRY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/13/2017Goldman Sachs Group, Inc. (The)Reiterated RatingSellMediumView Rating Details
8/9/2017Royal Bank Of CanadaSet Price TargetHold$10.00LowView Rating Details
7/4/2017William BlairReiterated RatingMarket PerformN/AView Rating Details
7/4/2017Imperial CapitalReiterated RatingIn-Line$8.25N/AView Rating Details
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
6/26/2017ScotiabankBoost Price TargetOutperform$10.00 -> $11.00LowView Rating Details
6/21/2017Credit Suisse GroupReiterated RatingUnderperform$8.00HighView Rating Details
6/21/2017Morgan StanleyLower Price TargetEqual Weight$10.00 -> $7.00MediumView Rating Details
5/30/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Mkt 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
9/30/2016TD SecuritiesReiterated RatingBuy$9.00 -> $10.00N/AView Rating Details
(Data available from 9/21/2016 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
9/28/2017($0.01)N/AView Earnings Details
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
finance.yahoo.com logoBlackBerry and Fleet Complete Partner to Deliver Powerful Trailer and Cargo Visibility Benefits to Logistics Industry
finance.yahoo.com - September 20 at 10:17 PM
americanbankingnews.com logoCritical Analysis: CalAmp Corp. (CAMP) & BlackBerry Limited (BBRY)
www.americanbankingnews.com - September 20 at 4:28 AM
americanbankingnews.com logoMobil'nye Telesistemy PAO (MBT) & BlackBerry Limited (BBRY) Critical Contrast
www.americanbankingnews.com - September 19 at 6:32 PM
nasdaq.com logoBlackBerry (BBRY) & Timex Group Sign Patent License Deal - Nasdaq
www.nasdaq.com - September 18 at 4:48 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - September 17 at 5:08 PM
americanbankingnews.com logoChina Telecom Corp (CHA) vs. BlackBerry Limited (BBRY) Financial Comparison
www.americanbankingnews.com - September 16 at 10:20 PM
seekingalpha.com logoBlackBerry: Show Me The Progress
seekingalpha.com - September 15 at 4:49 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) vs. Sprint Corporation (S) Critical Contrast
www.americanbankingnews.com - September 15 at 2:32 AM
investorplace.com logo3 More Reasons to Like BlackBerry Ltd (BBRY) Stock - Investorplace.com
investorplace.com - September 14 at 10:05 PM
finance.yahoo.com logoBlackBerry to Announce Second Quarter Fiscal 2018 Results on September 28, 2017
finance.yahoo.com - September 14 at 5:04 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Short Interest Update
www.americanbankingnews.com - September 14 at 1:54 AM
streetinsider.com logoBlackBerry (BBRY) & Timex Announce Patent License Agreement
www.streetinsider.com - September 13 at 5:33 PM
finance.yahoo.com logoQualcomm Slips to a 52-Week Low: What's Taking It Down?
finance.yahoo.com - September 11 at 5:00 PM
americanbankingnews.com logoHead-To-Head Survey: BlackBerry Limited (BBRY) & its Competitors
www.americanbankingnews.com - September 11 at 10:40 AM
seekingalpha.com logoBlackBerry: Ready For Bold Acquisitions? - Seeking Alpha
seekingalpha.com - September 5 at 11:01 PM
seekingalpha.com logoValeant Pharmaceuticals: Due For A Rebound
seekingalpha.com - September 5 at 6:00 PM
americanbankingnews.com logoContrasting America Movil SAB de CV (AMOV) & BlackBerry Limited (BBRY)
www.americanbankingnews.com - September 4 at 2:12 PM
nasdaq.com logoBBRY Crosses Above Average Analyst Target - Nasdaq
www.nasdaq.com - September 1 at 8:37 PM
investorplace.com logoShould You Buy BlackBerry Ltd (BBRY) Stock? 3 Pros, 3 Cons - Investorplace.com
investorplace.com - September 1 at 12:40 AM
finance.yahoo.com logoWill Nokia’s New Smartphone Gain Market Share?
finance.yahoo.com - August 31 at 4:19 PM
finance.yahoo.com logoBlackBerry Scores Highest for All Use Cases in Gartner's Critical Capabilities Report
finance.yahoo.com - August 30 at 5:38 PM
seekingalpha.com logoBlackBerry Licensing Its Android OS For Non-Branded BlackBerry ... - Seeking Alpha
seekingalpha.com - August 29 at 4:45 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Rating Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - August 28 at 11:50 PM
americanbankingnews.com logoShort Interest in BlackBerry Limited (BBRY) Decreases By 3.5%
www.americanbankingnews.com - August 27 at 2:22 AM
americanbankingnews.com logo$225.50 Million in Sales Expected for BlackBerry Limited (BBRY) This Quarter
www.americanbankingnews.com - August 24 at 6:46 AM
barrons.com logoKoch Stock Buys: Cisco, BlackBerry, Qualcomm - Barron's
www.barrons.com - August 23 at 9:39 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 23 at 6:46 PM
investorplace.com logoThe BlackBerry Ltd (BBRY) Stock Turnaround Has a LONG Way to Go - Investorplace.com
investorplace.com - August 22 at 2:25 AM
seekingalpha.com logoBlackBerry: The Big Boys Are Selling - Seeking Alpha
seekingalpha.com - August 17 at 10:49 PM
finance.yahoo.com logoTrial for AT&T's $3.95B Deceptive Ad Fine Starts (revised)
finance.yahoo.com - August 16 at 5:01 PM
investorplace.com logoBlackBerry Ltd (BBRY) Partners With Vuzix to Join the Wearables Segment - Investorplace.com
investorplace.com - August 13 at 9:01 PM
americanbankingnews.com logoBlackBerry Limited (BBRY) Sees Large Decline in Short Interest
www.americanbankingnews.com - August 12 at 1:44 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about BlackBerry Ltd.
finance.yahoo.com - August 11 at 4:51 PM
finance.yahoo.com logoBlackBerry's CEO on N. Korea, Growth, U.S. Immigration
finance.yahoo.com - August 11 at 3:41 AM
seekingalpha.com logoBlackBerry Back To Square One - Seeking Alpha
seekingalpha.com - August 9 at 9:38 PM
finance.yahoo.com logoTesla is raising capital, Marriott looks to China with Alibaba deal, NxStage soars on buyout
finance.yahoo.com - August 9 at 4:35 PM
finance.yahoo.com logoBlackBerry a Sell, Don’t Buy Its Turnaround: GS
finance.yahoo.com - August 9 at 4:34 PM
investorplace.com logoGo Long BlackBerry Ltd (BBRY) Stock With Confidence - Investorplace.com
investorplace.com - August 9 at 2:15 AM
investorplace.com logoWhy Did BlackBerry Ltd (BBRY) Stock Sink Yesterday? - Investorplace.com
investorplace.com - August 8 at 4:12 PM
marketwatch.com logoBlackBerry shares slide 2.5% premarket as Goldman resumes coverage with a sell ratiing - MarketWatch
www.marketwatch.com - August 7 at 3:44 PM
benzinga.com logoBlackBerry Falls After Goldman Sachs Reinstates Sell Rating - Benzinga
www.benzinga.com - August 7 at 3:44 PM
nasdaq.com logoBlackBerry Becomes Oversold (BBRY) - Nasdaq
www.nasdaq.com - August 7 at 3:44 PM
benzinga.com logoAnalysis: Auto Business Prospects Not Enough To Breath Life Back Into BlackBerry - Benzinga
www.benzinga.com - August 7 at 3:44 PM
seekingalpha.com logoBlackBerry -3.4% as Goldman resumes at Sell - Seeking Alpha
seekingalpha.com - August 7 at 3:44 PM
americanbankingnews.com logoBlackBerry Limited (NASDAQ:BBRY) Board of Directors Authorizes Stock Repurchase Program
www.americanbankingnews.com - August 7 at 11:16 AM
americanbankingnews.com logoGoldman Sachs Group, Inc. (The) Reiterates "Sell" Rating for BlackBerry Limited (BBRY)
www.americanbankingnews.com - August 7 at 10:14 AM
americanbankingnews.com logoBlackBerry Limited (NASDAQ:BBRY) Expected to Announce Quarterly Sales of $225.50 Million
www.americanbankingnews.com - August 6 at 8:52 AM
americanbankingnews.com logo Brokerages Expect BlackBerry Limited (NASDAQ:BBRY) Will Post Earnings of -$0.01 Per Share
www.americanbankingnews.com - August 4 at 7:52 AM
seekingalpha.com logoBlackBerry: A Mature Startup - Seeking Alpha
seekingalpha.com - August 4 at 3:52 AM
americanbankingnews.com logoCritical Comparison: Telephone and Data Systems (TDS) vs. BlackBerry Limited (BBRY)
www.americanbankingnews.com - August 3 at 10:26 PM

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Chart

BlackBerry Limited (BBRY) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff