NYSE:BB BlackBerry (BB) Stock Forecast, Price & News $5.22 +0.04 (+0.77%) (As of 02:51 PM ET) Add Compare Share Share Today's Range$5.11▼$5.2450-Day Range$3.88▼$5.4252-Week Range$3.17▼$7.20Volume2.79 million shsAverage Volume5.59 million shsMarket Capitalization$3.04 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/Downside6.0% Upside$5.50 Price TargetShort InterestHealthy3.03% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$130,737 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.19) to ($0.17) Per ShareSee 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.1.16 out of 5 starsComputer And Technology Sector567th out of 594 stocksPrepackaged Software Industry196th out of 212 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, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.50, BlackBerry has a forecasted upside of 6.0% from its current price of $5.19.Amount of Analyst CoverageBlackBerry has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.03% of the float of BlackBerry has been sold short.Short Interest Ratio / Days to CoverBlackBerry has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BlackBerry has recently decreased by 4.87%, indicating that investor sentiment is improving. 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 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for BlackBerry this week, compared to 3 articles on an average week.Search InterestOnly 14 people have searched for BB on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.MarketBeat Follows8 people have added BlackBerry to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 $130,737.00 in company stock.Percentage Held by InsidersOnly 1.94% of the stock of BlackBerry is held by insiders.Percentage Held by Institutions42.43% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for BlackBerry are expected to grow in the coming year, from ($0.19) to ($0.17) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BlackBerry is -3.76, 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 -3.76, 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 3.53. 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 Ltd. engages in providing intelligent security software and services to enterprises and governments. The firm leverages artificial intelligence and machine learning to deliver solutions in the areas of cyber security, safety, and data privacy solutions, and also focuses on the areas of endpoint security, endpoint management, encryption, and embedded systems. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.Read More 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 Stock News HeadlinesJune 7, 2023 | theglobeandmail.comSpurned suitor for BlackBerry smartphone patents sues to unwind sale to another buyerMay 23, 2023 | americanbankingnews.comBlackBerry Limited (NYSE:BB) Given Consensus Recommendation of "Reduce" by AnalystsJune 8, 2023 | MarketBeat Internal (Ad)Save $200 on MarketBeat All AccessMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.May 21, 2023 | americanbankingnews.comBlackBerry (NYSE:BB) PT Raised to $5.50May 20, 2023 | americanbankingnews.comBlackBerry (NYSE:BB) Receives New Coverage from Analysts at StockNews.comMay 20, 2023 | americanbankingnews.comBlackBerry (NASDAQ:BB) Now Covered by StockNews.comMay 19, 2023 | americanbankingnews.comBlackBerry (NYSE:BB) Raised to Neutral at CIBCMay 19, 2023 | americanbankingnews.comBlackBerry's (BB) Maintains Rating Reaffirmed at 3MJune 8, 2023 | MarketBeat Internal (Ad)Save $200 on MarketBeat All AccessMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.May 19, 2023 | americanbankingnews.comBlackBerry (NYSE:BB) Given New $5.00 Price Target at Royal Bank of CanadaMay 18, 2023 | baystreet.caBlackBerry Forecasts 54% Revenue Growth In 2026May 13, 2023 | msn.comAre BlackBerry Phones Still Around Today? What Happened After The MovieMay 13, 2023 | seekingalpha.comStocks To Watch: Retail Earnings, Debt Standoff And ChatGPT Goes To DCMay 10, 2023 | finance.yahoo.com'BlackBerry' film taps into device that ruled pre-iPhone eraMay 9, 2023 | americanbankingnews.comHead to Head Comparison: BlackBerry (NYSE:BB) versus UMeWorld (OTCMKTS:UMEWF)May 5, 2023 | investorplace.comWhy BlackBerry Stock Is an Investor Time BombMay 4, 2023 | americanbankingnews.comBlackBerry (NYSE:BB) Shares Gap Up to $3.88May 2, 2023 | seekingalpha.comBlackBerry's Strategic Review: Good But Not Good EnoughMay 1, 2023 | finance.yahoo.comBlackBerry to review strategic options for its businessApril 25, 2023 | finance.yahoo.comBlackBerry's Quarterly Threat Intelligence Report Finds Banks, Healthcare Providers and Food Retailers are Top Targets for CybercrimeApril 18, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for BlackBerry Limited's FY2026 Earnings (NYSE:BB)April 13, 2023 | msn.com3 Reasons Investors Should Hold Off on Buying BlackBerry StockApril 7, 2023 | americanbankingnews.comBlackBerry Limited (NYSE:BB) Insider Sells $130,737.31 in StockApril 2, 2023 | americanbankingnews.comBlackBerry Target of Unusually High Options Trading (NYSE:BB)April 1, 2023 | americanbankingnews.comBlackBerry (NYSE:BB) Stock Rating Upgraded by TD SecuritiesMarch 31, 2023 | investorplace.com5 Investors Betting Big on BlackBerry (BB) StockMarch 31, 2023 | seekingalpha.comBlackBerry Stock: From Bad To WorseSee More Headlines BB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BB Company Calendar Last Earnings3/31/2023Today6/08/2023Next Earnings (Estimated)6/22/2023Fiscal 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$4.00 Forecasted Upside/Downside+6.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.38) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-734,000,000.00 Net Margins-111.89% Pretax Margin-109.76% Return on Equity-10.91% Return on Assets-6.15% Debt Debt-to-Equity RatioN/A Current Ratio1.02 Quick Ratio1.02 Sales & Book Value Annual Sales$656 million Price / Sales4.60 Cash Flow$0.37 per share Price / Cash Flow14.04 Book Value$1.47 per share Price / Book3.52Miscellaneous Outstanding Shares583,230,000Free Float571,912,000Market Cap$3.02 billion OptionableOptionable Beta1.57 Key ExecutivesJohn S. ChenExecutive Chairman & Chief Executive OfficerSteve RaiChief Financial OfficerCharles EaganChief Technology OfficerJesse HaroldChief Information OfficerNeelam SandhuChief Elite Customer Success Officer & Senior VPKey CompetitorsCommvault SystemsNASDAQ:CVLTRapid7NASDAQ:RPDVaronis SystemsNASDAQ:VRNSEngageSmartNYSE:ESMTIntappNASDAQ:INTAView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 3,774 shares on 5/22/2023Ownership: 0.007%CTC LLCSold 2,569 shares on 5/22/2023Ownership: 0.000%JPMorgan Chase & Co.Bought 409,887 shares on 5/18/2023Ownership: 0.106%Geode Capital Management LLCBought 7,773 shares on 5/16/2023Ownership: 0.046%Beck Mack & Oliver LLCSold 7,000 shares on 5/16/2023Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions BB Stock - Frequently Asked Questions Should I buy or sell BlackBerry stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last twelve months. There are currently 5 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? 5 equities research analysts have issued twelve-month target prices for BlackBerry's shares. Their BB share price forecasts range from $4.00 to $7.00. On average, they anticipate the company's stock price to reach $5.50 in the next year. This suggests a possible upside of 6.3% 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 at the beginning of the year. Since then, BB stock has increased by 58.7% and is now trading at $5.1750. View the best growth stocks for 2023 here. When is BlackBerry's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 22nd 2023. View our BB earnings forecast. How were BlackBerry's earnings last quarter? BlackBerry Limited (NYSE:BB) issued its earnings results on Friday, March, 31st. The company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.05. The business had revenue of $151 million for the quarter, compared to analyst estimates of $150.97 million. BlackBerry had a negative net margin of 111.89% and a negative trailing twelve-month return on equity of 10.91%. The firm's revenue for the quarter was down 18.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.01 EPS. What ETFs hold BlackBerry's stock? ETFs with the largest weight of BlackBerry (NYSE:BB) stock in their portfolio include Global X Cybersecurity ETF (BUG), Global X Autonomous & Electric Vehicles ETF (DRIV), iShares Exponential Technologies ETF (XT), Global X Internet of Things Thematic ETF (SNSR), Dimensional International Small Cap ETF (DFIS).iShares Expanded Tech-Software Sector ETF (IGV), What guidance has BlackBerry issued on next quarter's earnings? BlackBerry issued an update on its FY 2024 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $665.00 million-$700.00 million, compared to the consensus revenue estimate of $701.40 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 retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (1.72%), Connor Clark & Lunn Investment Management Ltd. (0.60%), Dimensional Fund Advisors LP (0.57%), Great West Life Assurance Co. Can (0.45%), Renaissance Technologies LLC (0.39%) and Two Sigma Investments LP (0.33%). 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 $5.18. How much money does BlackBerry make? BlackBerry (NYSE:BB) has a market capitalization of $3.02 billion and generates $656 million in revenue each year. The company earns $-734,000,000.00 in net income (profit) each year or ($1.38) 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 6/8/2023 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. Adding BlackBerry Limited Please log in to your account or sign up in order to add this asset to your watchlist. 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