Free Trial
NYSE:BB

BlackBerry (BB) Stock Price, News & Analysis

$2.48
+0.06 (+2.48%)
(As of 07/26/2024 ET)
Today's Range
$2.41
$2.48
50-Day Range
$2.21
$3.02
52-Week Range
$2.20
$5.75
Volume
3.05 million shs
Average Volume
10.08 million shs
Market Capitalization
$1.46 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.20

BlackBerry MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
29.3% Upside
$3.20 Price Target
Short Interest
Bearish
5.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of BlackBerry in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$128,745 Sold 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.

2.74 out of 5 stars

Computer And Technology Sector

358th out of 612 stocks

Prepackaged Software Industry

116th out of 202 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 CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. It also provides BlackBerry Technology Solutions (BTS); BlackBerry Certicom, a patented elliptic curve cryptography, which provides device security, anti-counterfeiting and product authentication solutions; BlackBerry Radar offers monitoring and telematics solutions; BlackBerry Professional; and cyber security consulting services. 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 Stock Price History

BB Stock News Headlines

BlackBerry logo on back of phone
BlackBerry Stock: Strong Earnings, Profitability Challenges Ahead
BlackBerry NYSE: BB, one of the many companies that was once part of the “meme stocks” craze, is a technology firm that has transitioned its business from its handheld devices of the 2000s.  The firm's operations now revolve around cybersecurity and Internet of Things (IoT) solutions.
NEW AI developed by trader who won 1,129% (in 2 days)
Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...
BlackBerry to Participate in Upcoming Investor Events
3 IoT Stocks That Could Grow Your Wealth
NEW AI developed by trader who won 1,129% (in 2 days)
Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...
Tech Stock Tumble Ahead: 3 Companies to Dump Now!
BlackBerry Earnings: This Stock Is Berry Expensive
See 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.

Company Calendar

Last Earnings
6/26/2024
Today
7/26/2024
Next Earnings (Estimated)
9/26/2024
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
$3.20
High Stock Price Target
$4.75
Low Stock Price Target
$2.70
Potential Upside/Downside
+29.6%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$-130,000,000.00
Pretax Margin
-21.15%

Debt

Sales & Book Value

Annual Sales
$853 million
Cash Flow
$0.16 per share
Book Value
$1.26 per share

Miscellaneous

Free Float
588,403,000
Market Cap
$1.46 billion
Optionable
Optionable
Beta
1.40
(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

BB Stock Analysis - Frequently Asked Questions

How have BB shares performed this year?

BlackBerry's stock was trading at $3.54 at the beginning of 2024. Since then, BB stock has decreased by 30.1% and is now trading at $2.4750.
View the best growth stocks for 2024 here
.

How were BlackBerry's earnings last quarter?

BlackBerry Limited (NYSE:BB) posted its quarterly earnings results on Wednesday, June, 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.01. The company's revenue was down 61.4% on a year-over-year basis.

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.

Who are BlackBerry's major shareholders?

Top institutional shareholders of BlackBerry include SG Americas Securities LLC (0.02%) and Capital Investment Counsel Inc (0.01%). Insiders that own company stock include John S Chen, Billy Ho, Nita C White-Ivy, Mattias Eriksson, John Joseph Giamatteo, Marjorie Dickman, Mark George Wilson, Steve Rai, Philip G Brace, Philip S Kurtz 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.

What other stocks do shareholders of BlackBerry own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BlackBerry investors own include NVIDIA (NVDA), Bank of America (BAC), Netflix (NFLX), Micron Technology (MU), Alibaba Group (BABA), Tesla (TSLA) and Zynga (ZNGA).

This page (NYSE:BB) was last updated on 7/26/2024 by MarketBeat.com Staff

From Our Partners