S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSE:BB

BlackBerry (BB) Stock Price, News & Analysis

$2.75
-0.04 (-1.43%)
(As of 04/19/2024 ET)
Today's Range
$2.73
$2.80
50-Day Range
$2.48
$3.20
52-Week Range
$2.46
$5.75
Volume
5.37 million shs
Average Volume
9.70 million shs
Market Capitalization
$1.62 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
48.5% Upside
$4.08 Price Target
Short Interest
Bearish
8.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of BlackBerry in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$97,650 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.09) to ($0.03) 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.

1.35 out of 5 stars

Computer And Technology Sector

504th out of 585 stocks

Prepackaged Software Industry

170th out of 197 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 Gains on IoT Growth, but Sours on Guidance Cut
BlackBerry Ltd NYSE: BB was once the leader in the smartphone segment in the mid-2000s when they were known as Research In Motion. Their BlackBerry smartphones had built-in physical keyboards and a trackball utilizing SMS technology.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
BlackBerry: Finally Some Hope
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
BlackBerry reports record Internet-of-Things revenues
Why BlackBerry Shares Are Gaining Today
See More Headlines
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Company Calendar

Last Earnings
4/03/2024
Today
4/19/2024
Next Earnings (Estimated)
6/26/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Wireless Telecommunication Services
Previous Symbol
NASDAQ:RIMM
Employees
2,647
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
+48.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-130,000,000.00
Pretax Margin
-12.43%

Debt

Sales & Book Value

Annual Sales
$853 million
Cash Flow
$0.16 per share
Book Value
$1.32 per share

Miscellaneous

Free Float
577,802,000
Market Cap
$1.62 billion
Optionable
Optionable
Beta
1.41
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BB Stock Analysis - Frequently Asked Questions

Should I buy or sell BlackBerry stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street equities 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 analysts have issued twelve-month price targets for BlackBerry's shares. Their BB share price targets range from $3.00 to $6.50. On average, they expect the company's stock price to reach $4.08 in the next year. This suggests a possible upside of 48.5% 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 start of the year. Since then, BB stock has decreased by 22.3% and is now trading at $2.75.
View the best growth stocks for 2024 here
.

Are investors shorting BlackBerry?

BlackBerry saw a increase in short interest in March. As of March 31st, there was short interest totaling 47,870,000 shares, an increase of 10.6% from the March 15th total of 43,290,000 shares. Based on an average daily volume of 10,050,000 shares, the days-to-cover ratio is presently 4.8 days. Approximately 8.3% 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 Wednesday, June 26th 2024.
View our BB earnings forecast
.

How can I listen to BlackBerry's earnings call?

BlackBerry will be holding an earnings conference call on Wednesday, June 26th 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 "8962207".

How were BlackBerry's earnings last quarter?

BlackBerry Limited (NYSE:BB) announced its earnings results on Wednesday, April, 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.06. The company had revenue of $173 million for the quarter, compared to the consensus estimate of $150.47 million. BlackBerry had a negative net margin of 15.24% and a negative trailing twelve-month return on equity of 0.24%. The business's quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.04) earnings per share.

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

BlackBerry updated its FY25 earnings guidance on Wednesday, April, 3rd. The company provided EPS guidance of $(0.07)-$(0.03) for the period, compared to the consensus estimate of ($0.06). The company issued revenue guidance of $586-616 million, compared to the consensus revenue estimate of $627.42 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 investors include Kovack Advisors Inc. (0.06%), Beech Hill Advisors Inc. (0.02%), IMC Chicago LLC (0.00%) and International Assets Investment Management LLC (0.00%). 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 4/19/2024 by MarketBeat.com Staff

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