S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
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Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
Is Gold Really Boring? (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
New highs are coming for Lowe’s stock despite mixed results
Closing prices for crude oil, gold and other commodities
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
Is Gold Really Boring? (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
New highs are coming for Lowe’s stock despite mixed results
Closing prices for crude oil, gold and other commodities
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
3 lithium stocks to ride a multi-year cycle
Is Gold Really Boring? (Ad)
Goldman upgraded Nvidia stock, one metric says it could go higher
Autozone stock price is still in the rally zone
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT? (Ad)
New highs are coming for Lowe’s stock despite mixed results
Closing prices for crude oil, gold and other commodities
Critical asset just had biggest fall on record (Ad)
Consumer confidence slips in February as anxiety over potential recession surprisingly reappears
Beyond Meat's shares soar on better-than-expected Q4 revenue despite weak US sales

BlackBerry (BB) Stock Price, News & Analysis

$2.72
+0.10 (+3.82%)
(As of 02/27/2024 ET)
Today's Range
$2.60
$2.76
50-Day Range
$2.58
$4.10
52-Week Range
$2.55
$5.75
Volume
6.70 million shs
Average Volume
6.58 million shs
Market Capitalization
$1.60 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.08

BlackBerry MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
50.4% Upside
$4.08 Price Target
Short Interest
Bearish
7.79% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.04mentions of BlackBerry in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$329,212 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.06) to ($0.13) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.05 out of 5 stars

Computer And Technology Sector

435th out of 587 stocks

Prepackaged Software Industry

152nd out of 202 stocks


BB stock logo

About BlackBerry Stock (NYSE:BB)

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylancePROTECT, an endpoint protection platform and mobile threat defense solution; CylanceOPTICS, an endpoint detection and response solution; CylanceGUARD, a managed detection and response solution; CylanceGATEWAY, an AI-empowered zero-trust network access solution; CylancePERSONA, a user and entity behavior analytics solution; BlackBerry unified endpoint management, a central software component for secure communications platform; BlackBerry Dynamics, a development platform and secure container for mobile applications; and BlackBerry Workspaces solutions. It also provides BlackBerry SecuSUITE, a multi-OS voice and text messaging solution; BlackBerry AtHoc and BlackBerry Alert, which are secure and networked critical event management solutions; BlackBerry QNX that offers real-time operating systems, hypervisors, middleware, development tools, and professional services; BlackBerry Certicom, a cryptography and key management product; BlackBerry Radar, an asset monitoring solution; and BlackBerry IVY, an intelligent vehicle data platform. In addition, the company is involved in the patent licensing and legacy service access fees business. The company has a partnership with Stellar Cyber Inc. to deliver Open XDR for comprehensive threat detection and response. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.

BB Stock Price History

BB Stock News Headlines

BlackBerry (NYSE:BB) Hits New 1-Year Low at $2.59
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BlackBerry (NYSE:BB) Downgraded by StockNews.com
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Company Calendar

Last Earnings
12/20/2023
Today
2/28/2024
Fiscal Year End
2/29/2024
Next Earnings (Estimated)
4/04/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Wireless Telecommunication Services
Previous Symbol
NASDAQ:RIMM
Employees
3,181
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.08
High Stock Price Target
$6.50
Low Stock Price Target
$3.00
Potential Upside/Downside
+50.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-734,000,000.00
Pretax Margin
-65.82%

Debt

Sales & Book Value

Annual Sales
$656 million
Cash Flow
$0.39 per share
Book Value
$1.47 per share

Miscellaneous

Free Float
577,506,000
Market Cap
$1.60 billion
Optionable
Optionable
Beta
1.44
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Key Executives















BB Stock Analysis - Frequently Asked Questions

Should I buy or sell BlackBerry stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BB, but not buy additional shares or sell existing shares.
View BB analyst ratings
or view top-rated stocks.

What is BlackBerry's stock price target for 2024?

6 brokers have issued 12 month price targets for BlackBerry's stock. Their BB share price targets range from $3.00 to $6.50. On average, they predict the company's stock price to reach $4.08 in the next year. This suggests a possible upside of 50.4% from the stock's current price.
View analysts price targets for BB
or view top-rated stocks among Wall Street analysts.

How have BB shares performed in 2024?

BlackBerry's stock was trading at $3.54 at the beginning of the year. Since then, BB shares have decreased by 23.3% and is now trading at $2.7150.
View the best growth stocks for 2024 here
.

Are investors shorting BlackBerry?

BlackBerry saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 44,780,000 shares, an increase of 20.4% from the January 15th total of 37,190,000 shares. Based on an average daily volume of 7,220,000 shares, the short-interest ratio is presently 6.2 days. Currently, 7.8% of the company's stock are sold short.
View BlackBerry's Short Interest
.

When is BlackBerry's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024.
View our BB earnings forecast
.

How were BlackBerry's earnings last quarter?

BlackBerry Limited (NYSE:BB) posted its quarterly earnings results on Wednesday, December, 20th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.04. The company had revenue of $175 million for the quarter, compared to analyst estimates of $165.15 million. BlackBerry had a negative trailing twelve-month return on equity of 4.27% and a negative net margin of 68.47%. The business's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the business posted ($0.06) EPS.

What ETFs hold BlackBerry's stock?

ETFs with the largest weight of BlackBerry (NYSE:BB) stock in their portfolio include iShares Cybersecurity and Tech ETF (IHAK) and SPDR Kensho Future Security ETF (FITE).Global X Autonomous & Electric Vehicles ETF (DRIV).

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

BlackBerry updated its fourth quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $150.0 million-$159.0 million, compared to the consensus revenue estimate of $153.9 million.

What is John Chen's approval rating as BlackBerry's CEO?

706 employees have rated BlackBerry Chief Executive Officer John Chen on Glassdoor.com. John Chen has an approval rating of 50% among the company's employees. This puts John Chen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of BlackBerry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackBerry investors own include NVIDIA (NVDA), Bank of America (BAC), Netflix (NFLX), Micron Technology (MU), Alibaba Group (BABA), Tesla (TSLA), Zynga (ZNGA), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Walt Disney (DIS).

Who are BlackBerry's major shareholders?

BlackBerry's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Fairfax Financial Holdings Ltd. Can (7.97%), Primecap Management Co. CA (5.94%), First Trust Advisors LP (5.77%), FIFTHDELTA Ltd (5.25%), Legal & General Group Plc (4.00%) and Vanguard Group Inc. (3.30%). Insiders that own company stock include Billy Ho, John Joseph Giamatteo, John S Chen, Marjorie Dickman, Mark George Wilson, Mattias Eriksson, Nita C White-Ivy, Philip G Brace, Philip S Kurtz, Steve Rai and Thomas Eacobacci.
View institutional ownership trends
.

How do I buy shares of BlackBerry?

Shares of BB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BB) was last updated on 2/28/2024 by MarketBeat.com Staff