NYSE:BB - BlackBerry Stock Price, News, & Analysis

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$7.60 -0.11 (-1.43 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$7.71
Today's Range$7.55 - $7.80
52-Week Range$7.55 - $14.55
Volume4.44 million shs
Average Volume3.75 million shs
Market Capitalization$4.17 billion
P/E Ratio257.00
Dividend YieldN/A
Beta1.8
BlackBerry Limited operates as an enterprise software and services company focused on securing and managing endpoints in the Internet of Things. It offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a secure and networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting; and BBM Enterprise, an enterprise-grade secure instant messaging solution, as well as Communications Platform as a Service. The company also provides BlackBerry QNX, a software for automotive electronics; BlackBerry Jarvis, a cloud-based static binary code-scanning solution; Certicom that offers software components and end-to-end security solutions targeted at bandwidth and resource-constrained applications; Paratek, which offers adaptive radio frequency antenna tuning technology; BlackBerry Radar, an asset tracking and telematics product. In addition, it offers intellectual property and licensing; mobility licensing; other licensing programs; and develops legacy BlackBerry 10 platform, and delivers BlackBerry productivity applications to Android smartphone. Further, the company engages in the development and licensing of secure device software and the outsourcing to partners of design, manufacturing, sales, and customer support for BlackBerry-branded handsets; and provision of Android smartphones, smartphone accessories, and non-warranty repair services. Additionally, it is involved in the operations related to subscribers using mobile devices with its legacy BlackBerry 7 and prior operating systems. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:BB
Previous SymbolNASDAQ:RIMM
CUSIPN/A
Phone519-888-7465

Debt

Debt-to-Equity Ratio0.30
Current Ratio6.43
Quick Ratio6.43

Price-To-Earnings

Trailing P/E Ratio257.00
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$932 million
Price / Sales4.41
Cash Flow$0.3764 per share
Price / Cash Flow20.19
Book Value$4.67 per share
Price / Book1.63

Profitability

EPS (Most Recent Fiscal Year)$0.05
Net Income$405 million
Net Margins-34.24%
Return on Equity0.61%
Return on Assets0.40%

Miscellaneous

Employees3,288
Outstanding Shares540,580,000
Market Cap$4.17 billion
OptionableOptionable

BlackBerry (NYSE:BB) Frequently Asked Questions

What is BlackBerry's stock symbol?

BlackBerry trades on the New York Stock Exchange (NYSE) under the ticker symbol "BB."

How were BlackBerry's earnings last quarter?

BlackBerry Ltd (NYSE:BB) released its earnings results on Friday, September, 28th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.03. The business had revenue of $214 million for the quarter, compared to the consensus estimate of $209.41 million. BlackBerry had a negative net margin of 34.24% and a positive return on equity of 0.61%. The firm's quarterly revenue was down 14.1% compared to the same quarter last year. During the same period last year, the firm posted $0.05 earnings per share. View BlackBerry's Earnings History.

When is BlackBerry's next earnings date?

BlackBerry is scheduled to release their next quarterly earnings announcement on Thursday, December 20th 2018. View Earnings Estimates for BlackBerry.

How can I listen to BlackBerry's earnings call?

BlackBerry will be holding an earnings conference call on Thursday, December 20th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8663934306.

What price target have analysts set for BB?

9 Wall Street analysts have issued 12-month price targets for BlackBerry's stock. Their predictions range from $10.50 to $15.50. On average, they anticipate BlackBerry's stock price to reach $12.30 in the next year. This suggests a possible upside of 61.8% from the stock's current price. View Analyst Price Targets for BlackBerry.

What is the consensus analysts' recommendation for BlackBerry?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for BlackBerry.

What are Wall Street analysts saying about BlackBerry stock?

Here are some recent quotes from research analysts about BlackBerry stock:
  • 1. According to Zacks Investment Research, "BlackBerry delivers one of the most secure end-to-end mobile enterprise solutions in the market through a broad portfolio of products and services. With a holistic growth model, focusing both on organic and inorganic investments, the company aims to extend its market leadership in the enterprise mobility segment. Robust software sales are aiding BlackBerry immensely while growth in its cybersecurity business with opportune acquisitions remains a huge positive. BlackBerry has also provided bullish outlook for software and service revenues in fiscal 2019. However, the stock has underperformed the industry in the past six months on an average. High technological obsolescence remains a challenge for BlackBerry, increasing its operating costs through continuous R&D efforts for new product introductions to fend off competition. Adverse foreign currency translation and high debt levels remain other headwinds for the company." (12/3/2018)
  • 2. Canaccord Genuity analysts commented, "We believe this transaction accelerates BlackBerry’s strategy of leading secure endpoint enterprise-of-things (“EoT”) communications, benefits multiple areas of the business across UEM, QNX and Spark, and drives potential synergies given the complementary customer bases. With the IoT market’s heightened growth expectations of both security and AI, as well as investor anticipation for BlackBerry’s cash deployment, we believe the transaction will be well received by the market. However, given post-merger platform integration that needs completion before synergies are realized and the premium deal multiple, we maintain our HOLD rating and $11 price target and await more color on pro forma financial impact from management post closing the acquisition." (11/16/2018)

Has BlackBerry been receiving favorable news coverage?

Headlines about BB stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BlackBerry earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Are investors shorting BlackBerry?

BlackBerry saw a decrease in short interest during the month of November. As of November 30th, there was short interest totalling 28,155,752 shares, a decrease of 8.9% from the November 15th total of 30,892,490 shares. Based on an average trading volume of 4,227,719 shares, the short-interest ratio is currently 6.7 days. View BlackBerry's Current Options Chain.

Who are some of BlackBerry's key competitors?

Who are BlackBerry's key executives?

BlackBerry's management team includes the folowing people:
  • Mr. John S. Chen, Exec. Chairman & CEO (Age 62)
  • Mr. Steven M. Capelli, CFO & COO (Age 60)
  • Mr. Carl J. Wiese, Pres of Global Sales
  • Mr. Mike Webber, Chief Information Security Officer
  • Mr. Randall Cook, Chief Legal Officer & Corp. Sec.

Who are BlackBerry's major shareholders?

BlackBerry's stock is owned by a number of of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (13.71%), Iridian Asset Management LLC CT (2.47%), Vanguard Group Inc. (2.32%), Vanguard Group Inc (2.32%), Ontario Teachers Pension Plan Board (1.49%) and Mackenzie Financial Corp (1.18%).

Which major investors are selling BlackBerry stock?

BB stock was sold by a variety of institutional investors in the last quarter, including Monte Financial Group LLC.

Which major investors are buying BlackBerry stock?

BB stock was bought by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Iridian Asset Management LLC CT, Vanguard Group Inc, Vanguard Group Inc., Ontario Teachers Pension Plan Board, Mackenzie Financial Corp, TD Asset Management Inc. and Kahn Brothers Group Inc. DE.

How do I buy shares of BlackBerry?

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

What is BlackBerry's stock price today?

One share of BB stock can currently be purchased for approximately $7.60.

How big of a company is BlackBerry?

BlackBerry has a market capitalization of $4.17 billion and generates $932 million in revenue each year. The company earns $405 million in net income (profit) each year or $0.05 on an earnings per share basis. BlackBerry employs 3,288 workers across the globe.

What is BlackBerry's official website?

The official website for BlackBerry is http://ca.blackberry.com.

How can I contact BlackBerry?

BlackBerry's mailing address is 2200 University Ave East, Waterloo A6, N2K 0A7. The company can be reached via phone at 519-888-7465 or via email at [email protected]


MarketBeat Community Rating for BlackBerry (NYSE BB)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  390 (Vote Outperform)
Underperform Votes:  297 (Vote Underperform)
Total Votes:  687
MarketBeat's community ratings are surveys of what our community members think about BlackBerry and other stocks. Vote "Outperform" if you believe BB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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