NYSE:BB BlackBerry (BB) Stock Forecast, Price & News $5.00 -0.16 (-3.10%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$4.96▼$5.1150-Day Range$4.36▼$5.6152-Week Range$3.17▼$5.75Volume5.91 million shsAverage Volume7.99 million shsMarket Capitalization$2.92 billionP/E RatioN/ADividend YieldN/APrice Target$5.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media BlackBerry MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside9.9% Upside$5.50 Price TargetShort InterestHealthy2.70% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.21Based on 3 Articles This WeekInsider TradingSelling Shares$61,861 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 starsComputer And Technology Sector572nd out of 586 stocksPrepackaged Software Industry193rd out of 198 stocks 1.0 Analyst's Opinion Consensus RatingBlackBerry has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.50, BlackBerry has a forecasted upside of 9.9% from its current price of $5.01.Amount of Analyst CoverageBlackBerry has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.70% of the float of BlackBerry has been sold short.Short Interest Ratio / Days to CoverBlackBerry has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BlackBerry has recently increased by 8.35%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBlackBerry does not currently pay a dividend.Dividend GrowthBlackBerry does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BB. Previous Next 2.3 News and Social Media Coverage News SentimentBlackBerry has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for BlackBerry this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for BB on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.MarketBeat Follows18 people have added BlackBerry to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BlackBerry insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $61,861.00 in company stock.Percentage Held by InsidersOnly 1.94% of the stock of BlackBerry is held by insiders.Percentage Held by Institutions42.66% of the stock of BlackBerry is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of BlackBerry is -4.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of BlackBerry is -4.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBlackBerry has a P/B Ratio of 3.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BlackBerry (NYSE:BB) StockBlackBerry 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.Read More BB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BB Stock News HeadlinesSeptember 21, 2023 | marketwatch.comBlackBerry Ltd. stock outperforms competitors on strong trading daySeptember 21, 2023 | americanbankingnews.comBlackBerry (BB) Scheduled to Post Earnings on ThursdaySeptember 26, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc 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.September 20, 2023 | americanbankingnews.comBlackBerry Limited (NYSE:BB) Given Consensus Recommendation of "Hold" by BrokeragesSeptember 19, 2023 | americanbankingnews.comStockNews.com Downgrades BlackBerry (NYSE:BB) to SellSeptember 7, 2023 | seekingalpha.comBlackBerry: Another Massive Revenue WarningAugust 25, 2023 | theglobeandmail.comBlackBerry shares jump on report private equity firm considering bid for smartphone pioneerAugust 25, 2023 | finance.yahoo.comAnalysts Just Trimmed Price Targets for These 10 StocksSeptember 26, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc 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.August 22, 2023 | seekingalpha.comBlackBerry: Key Considerations For The FutureAugust 16, 2023 | marketwatch.comBlackBerry Ltd. stock falls Wednesday, underperforms marketAugust 15, 2023 | msn.comWhy This BlackBerry Was One Of The Biggest Flops In Smartphone HistoryAugust 12, 2023 | seekingalpha.comBlackBerry Limited (BB) Presents at JP Morgan Auto Conference (Transcript)August 11, 2023 | seekingalpha.comBlackBerry Limited (BB) Presents at Canaccord Genuity 43rd Annual Growth Conference (Transcript)August 4, 2023 | stocknews.comIs August the Month to Buy or Hold BlackBerry Limited (BB)?July 27, 2023 | stocknews.comBlackBerry Limited (BB) vs. PowerFleet (PWFL): Which Tech Stock Are You Investing In?July 21, 2023 | fool.caBlackberry’s Resurgence: From Phones to Autonomous VehiclesJuly 12, 2023 | stocknews.comIs BlackBerry Limited (BB) Showing Signs of Growth in July?June 29, 2023 | finance.yahoo.com2 Winning Tech Stocks to Watch Thursday MorningJune 29, 2023 | seekingalpha.comBlackBerry Earnings: Cloud Stock Clouded By Patent SalesJune 29, 2023 | seekingalpha.comBlackBerry Earnings: Cloud Stock Clouded By Patent SalesJune 28, 2023 | ca.finance.yahoo.comBlackBerry reports surprise profit on cybersecurity strengthJune 28, 2023 | seekingalpha.comBlackBerry Results Still A MessJune 26, 2023 | seekingalpha.comBlackBerry Stock Q1 Earnings Preview: What To Watch ForJune 20, 2023 | seekingalpha.comBlackBerry Stock: Valuation Vs. Reality, Patent Sales, And Profitability WoesJune 7, 2023 | theglobeandmail.comSpurned suitor for BlackBerry smartphone patents sues to unwind sale to another buyerMay 18, 2023 | baystreet.caBlackBerry Forecasts 54% Revenue Growth In 2026See More Headlines Receive BB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BlackBerry and its competitors with MarketBeat's FREE daily newsletter. Email Address BB Company Calendar Last Earnings6/28/2023Today9/25/2023Next Earnings (Confirmed)9/28/2023Fiscal Year End2/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryWireless Telecommunication Services SectorComputer and Technology Current SymbolNYSE:BB Previous SymbolNASDAQ:RIMM CUSIPN/A CIK1070235 Webwww.blackberry.com Phone(519) 888-7465Fax519-888-6906Employees3,181Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-734,000,000.00 Net Margins-65.50% Pretax Margin-63.88% Return on Equity-6.39% Return on Assets-3.53% Debt Debt-to-Equity RatioN/A Current Ratio0.95 Quick Ratio0.95 Sales & Book Value Annual Sales$656 million Price / Sales4.45 Cash Flow$0.36 per share Price / Cash Flow13.90 Book Value$1.47 per share Price / Book3.40Miscellaneous Outstanding Shares583,680,000Free Float572,361,000Market Cap$2.92 billion OptionableOptionable Beta1.51 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. John S. Chen (Age 67)Exec. Chairman & CEO Comp: $3.02MMr. Steve RaiChief Financial OfficerMr. Philip Kurtz CFAChief Legal Officer & Corp. Sec.Mr. Mattias ErikssonPres of IoT Bus. UnitMr. John Joseph Giamatteo (Age 56)Pres & Acting GM of BlackBerry Cyber Security Bus. Unit Comp: $566.91kMr. Charles EaganChief Technology OfficerMr. Jesse HaroldChief Information OfficerMr. Tim FooteInvestor RelationsMs. Neelam SandhuChief Elite Customer Success Officer & Chief Marketing OfficerMr. Vito GiallorenzoSr. VP of Corp. Devel. & COO of BlackBerry Technology SolutionsMore ExecutivesKey CompetitorsCommvault SystemsNASDAQ:CVLTEngageSmartNYSE:ESMTVertexNASDAQ:VERXRapid7NASDAQ:RPDSmead Value FundNASDAQ:SVFCXView All CompetitorsInsiders & InstitutionsAlberta Investment Management CorpSold 139,100 shares on 8/24/2023Ownership: 0.103%Wolverine Trading LLCSold 24,200 shares on 8/23/2023Ownership: 0.000%GTS Securities LLCBought 297,608 shares on 8/16/2023Ownership: 0.051%CIBC Asset Management IncBought 2,821 shares on 8/15/2023Ownership: 0.084%Alliancebernstein L.P.Bought 3,688 shares on 8/15/2023Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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