BlackBerry Ltd Company Profile (NASDAQ:BBRY)

About BlackBerry Ltd (NASDAQ: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
  • Symbol: NASDAQ:BBRY
  • CUSIP: N/A
  • Web: ca.blackberry.com
Capitalization:
  • Market Cap: $6 billion
  • Outstanding Shares: 531,000,000
Average Prices:
  • 50 Day Moving Avg: $9.11
  • 200 Day Moving Avg: $7.72
  • 52 Week Range: $6.23 - $11.39
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 141.25
  • P/E Growth: 50.20
Sales & Book Value:
  • Annual Revenue: $1.31 billion
  • Price / Sales: 4.58
  • Book Value: $3.88 per share
  • Price / Book: 2.91
Profitability:
  • EBIDTA: $87 million
  • 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%
Misc:
  • Average Volume: 7.78 million shs.
  • Beta: 1.04
  • Short Ratio: 13.48
 

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 EPS for the quarter, beating analysts' consensus estimates of ($0.04) by $0.08. The firm earned $297 million during the quarter, compared to analyst estimates of $288.45 million. BlackBerry Ltd had a negative net margin of 93.19% and a negative return on equity of 3.62%. The business's revenue for the quarter was down 39.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.03) EPS. View BlackBerry Ltd's Earnings History.

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

18 equities research analysts have issued 12 month target prices for BlackBerry Ltd's shares. Their forecasts range from $6.00 to $11.00. On average, they expect BlackBerry Ltd's share price to reach $8.66 in the next year. View Analyst Ratings for BlackBerry Ltd.

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 decrease in short interest in April. As of April 28th, there was short interest totalling 47,671,348 shares, a decrease of 22.8% from the April 13th total of 61,720,061 shares. Based on an average trading volume of 9,010,719 shares, the short-interest ratio is presently 5.3 days. Currently, 9.2% of the shares of the stock are sold short.

Who are some of BlackBerry Ltd's key competitors?

Who owns BlackBerry Ltd stock?

BlackBerry Ltd's stock is owned by many different of retail and institutional investors. Top institutional investors 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 Ltd.

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 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 Ltd.

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

BlackBerry Ltd's stock was acquired 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 Ltd.

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 $11.30.

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 (23.38% 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 5/23/2016 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 Stock Climbs in Toronto on Bullish Sentiment Surrounding Cybersecurity, Auto Software
finance.yahoo.com - May 23 at 3:54 PM
finance.yahoo.com logoBlackBerry shares jump on hopes for growth in security, auto markets
finance.yahoo.com - May 23 at 11:17 AM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Downgraded by Vetr Inc.
www.americanbankingnews.com - May 23 at 12:38 AM
seekingalpha.com logoBlackBerry: Why The Rally Will Continue - Seeking Alpha
seekingalpha.com - May 22 at 3:49 PM
investorplace.com logoAlphabet Inc (GOOGL) Challenges BlackBerry Ltd (BBRY) With Android Automotive - Investorplace.com
investorplace.com - May 22 at 3:49 PM
investorplace.com logoWhy BlackBerry Ltd (BBRY) Stock Will Keep Growing No Matter ... - Investorplace.com
investorplace.com - May 18 at 3:47 PM
finance.yahoo.com logoBlackBerry Is Developing an Anti-Virus Security System
finance.yahoo.com - May 17 at 8:53 PM
finance.yahoo.com logo"Leave No One Behind" with BlackBerry's New AtHoc Account Software
finance.yahoo.com - May 17 at 8:53 PM
investorplace.com logoBuy BlackBerry Ltd (BBRY) Stock Even at These Levels - Investorplace.com
investorplace.com - May 17 at 12:05 PM
americanbankingnews.com logoInvestors Buy Large Volume of BlackBerry Call Options (BBRY)
www.americanbankingnews.com - May 16 at 5:10 PM
americanbankingnews.com logoBlackBerry Target of Unusually High Options Trading (BBRY)
www.americanbankingnews.com - May 16 at 5:08 PM
seekingalpha.com logoBlackBerry could be a four-bagger - Macquarie - Seeking Alpha
seekingalpha.com - May 16 at 3:56 PM
investorplace.com logoWhy BlackBerry Ltd (BBRY) Stock Can Reach $15 Sooner Than You ... - Investorplace.com
investorplace.com - May 15 at 4:19 PM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 15 at 2:46 PM
seekingalpha.com logoBlackBerry - This Is Why I Like The Company - Seeking Alpha
seekingalpha.com - May 15 at 8:29 AM
americanbankingnews.com logoBlackBerry Ltd (BBRY) Sees Significant Decline in Short Interest
www.americanbankingnews.com - May 12 at 7:04 AM
seekingalpha.com logoBlackBerry's New Pillar Of Success Is Looking Strong - Seeking Alpha
seekingalpha.com - May 10 at 8:54 AM
finance.yahoo.com logoWhat Analysts Recommend for GoPro Stock
finance.yahoo.com - May 10 at 8:54 AM
seekingalpha.com logoTracking Kahn Brothers Portfolio - Q1 2017 Update
seekingalpha.com - May 9 at 8:56 AM
investorplace.com logoWhat BlackBerry Ltd (BBRY) Stock Will Do Without Hardware - Investorplace.com
investorplace.com - May 8 at 3:45 PM
finance.yahoo.com logoBlackBerry KEYone May Succeed Microsoft Windows Phone As The Niche Device Nobody Wants
finance.yahoo.com - May 8 at 10:37 AM
finance.yahoo.com logoThe KeyOne is the phone BlackBerry should have made 10 years ago
finance.yahoo.com - May 4 at 3:56 PM
finance.yahoo.com logoBlackBerry on the Street: What the Analysts Say in May
finance.yahoo.com - May 4 at 3:56 PM
finance.yahoo.com logoInside BlackBerry’s Major Wins in 4Q17
finance.yahoo.com - May 3 at 3:54 PM
finance.yahoo.com logoHow BlackBerry Could Expand Its Brand Licensing Segment
finance.yahoo.com - May 3 at 3:54 PM
americanbankingnews.com logoBlackBerry (BBRY) Earning Somewhat Critical Media Coverage, Study Shows
www.americanbankingnews.com - May 3 at 12:37 PM
finance.yahoo.com logoBlackberry CEO on transition to security-focused software...
finance.yahoo.com - May 2 at 10:35 AM
finance.yahoo.com logoBlackBerry (BBRY) Up 34.4% Since Earnings Report: Can It Continue?
finance.yahoo.com - May 1 at 9:20 AM
seekingalpha.com logoThe Blacker The Berry, The More Bullish The Investor - Seeking Alpha
seekingalpha.com - April 30 at 5:06 PM
americanbankingnews.com logo$264 Million in Sales Expected for BlackBerry Ltd (BBRY) This Quarter
www.americanbankingnews.com - April 30 at 7:56 AM
americanbankingnews.com logoBlackBerry (BBRY) Receiving Somewhat Negative News Coverage, Report Shows
www.americanbankingnews.com - April 29 at 11:15 AM
americanbankingnews.com logo-$0.02 Earnings Per Share Expected for BlackBerry Ltd (BBRY) This Quarter
www.americanbankingnews.com - April 29 at 1:23 AM
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

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Chart

BlackBerry Ltd (BBRY) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff