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Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
66,000% upside on tiny biotech? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
66,000% upside on tiny biotech? (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
66,000% upside on tiny biotech? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
66,000% upside on tiny biotech? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
66,000% upside on tiny biotech? (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
66,000% upside on tiny biotech? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
66,000% upside on tiny biotech? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
66,000% upside on tiny biotech? (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
66,000% upside on tiny biotech? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
NYSE:BB

BlackBerry (BB) Stock Forecast, Price & News

$5.00
-0.16 (-3.10%)
(As of 09/25/2023 ET)
Compare
Today's Range
$4.96
$5.11
50-Day Range
$4.36
$5.61
52-Week Range
$3.17
$5.75
Volume
5.91 million shs
Average Volume
7.99 million shs
Market Capitalization
$2.92 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.50

BlackBerry MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.9% Upside
$5.50 Price Target
Short Interest
Healthy
2.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.21mentions of BlackBerry in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$61,861 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.11 out of 5 stars

Computer And Technology Sector

572nd out of 586 stocks

Prepackaged Software Industry

193rd out of 198 stocks


BB stock logo

About BlackBerry (NYSE:BB) Stock

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 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 Price History

BB Stock News Headlines

BlackBerry (BB) Scheduled to Post Earnings on Thursday
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Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
StockNews.com Downgrades BlackBerry (NYSE:BB) to Sell
BlackBerry: Another Massive Revenue Warning
Analysts Just Trimmed Price Targets for These 10 Stocks
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
BlackBerry: Key Considerations For The Future
2 Winning Tech Stocks to Watch Thursday Morning
BlackBerry Results Still A Mess
See More Headlines
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BB Company Calendar

Last Earnings
6/28/2023
Today
9/25/2023
Next Earnings (Confirmed)
9/28/2023
Fiscal Year End
2/29/2024

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 Forecast
$5.50
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$4.50
Forecasted Upside/Downside
+9.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-734,000,000.00
Pretax Margin
-63.88%

Debt

Sales & Book Value

Annual Sales
$656 million
Cash Flow
$0.36 per share
Book Value
$1.47 per share

Miscellaneous

Free Float
572,361,000
Market Cap
$2.92 billion
Optionable
Optionable
Beta
1.51
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Key Executives

  • Mr. John S. ChenMr. John S. Chen (Age 67)
    Exec. Chairman & CEO
    Comp: $3.02M
  • Mr. Steve  RaiMr. Steve Rai
    Chief Financial Officer
  • Mr. Philip Kurtz CFA
    Chief Legal Officer & Corp. Sec.
  • Mr. Mattias  ErikssonMr. Mattias Eriksson
    Pres of IoT Bus. Unit
  • Mr. John Joseph Giamatteo (Age 56)
    Pres & Acting GM of BlackBerry Cyber Security Bus. Unit
    Comp: $566.91k
  • Mr. Charles Eagan
    Chief Technology Officer
  • Mr. Jesse Harold
    Chief Information Officer
  • Mr. Tim Foote
    Investor Relations
  • Ms. Neelam Sandhu
    Chief Elite Customer Success Officer & Chief Marketing Officer
  • Mr. Vito Giallorenzo
    Sr. VP of Corp. Devel. & COO of BlackBerry Technology Solutions













BB Stock - 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 forecast for 2023?

6 brokerages have issued 1-year price targets for BlackBerry's shares. Their BB share price forecasts range from $4.50 to $7.00. On average, they anticipate the company's stock price to reach $5.50 in the next twelve months. This suggests a possible upside of 9.9% 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 2023?

BlackBerry's stock was trading at $3.26 on January 1st, 2023. Since then, BB shares have increased by 53.5% and is now trading at $5.0050.
View the best growth stocks for 2023 here
.

Are investors shorting BlackBerry?

BlackBerry saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 15,440,000 shares, an increase of 8.4% from the August 15th total of 14,250,000 shares. Based on an average daily volume of 5,770,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.7% of the shares of the company are short sold.
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, September 28th 2023.
View our BB earnings forecast
.

How can I listen to BlackBerry's earnings call?

BlackBerry will be holding an earnings conference call on Thursday, September 28th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "4522458".

How were BlackBerry's earnings last quarter?

BlackBerry Limited (NYSE:BB) announced its quarterly earnings results on Wednesday, June, 28th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.10. The company had revenue of $373 million for the quarter, compared to analysts' expectations of $159.36 million. BlackBerry had a negative trailing twelve-month return on equity of 6.39% and a negative net margin of 65.50%.

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 issued an update on its second quarter 2024 earnings guidance on Wednesday, September, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $132.00 million-$132.00 million, compared to the consensus revenue estimate of $156.85 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).

What is BlackBerry's stock symbol?

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

Who are BlackBerry's major shareholders?

BlackBerry's stock is owned by many different institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (1.56%), Dimensional Fund Advisors LP (0.62%), Great West Life Assurance Co. Can (0.56%), BlackRock Inc. (0.33%), Renaissance Technologies LLC (0.29%) and TD Asset Management Inc (0.25%). Insiders that own company stock include Billy Ho, John S Chen, Marjorie Dickman, Mark George Wilson, Mattias Eriksson, Nita C White-Ivy, Randall Cook, Steve Rai, Steven M Capelli, Steven M Capelli 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is BlackBerry's stock price today?

One share of BB stock can currently be purchased for approximately $5.01.

How much money does BlackBerry make?

BlackBerry (NYSE:BB) has a market capitalization of $2.92 billion and generates $656 million in revenue each year. The company earns $-734,000,000.00 in net income (profit) each year or ($1.05) on an earnings per share basis.

How many employees does BlackBerry have?

The company employs 3,181 workers across the globe.

How can I contact BlackBerry?

BlackBerry's mailing address is 2200 University Ave East, Waterloo A6, N2K 0A7. The official website for the company is www.blackberry.com. The company can be reached via phone at (519) 888-7465, via email at investor_relations@blackberry.com, or via fax at 519-888-6906.

This page (NYSE:BB) was last updated on 9/26/2023 by MarketBeat.com Staff

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