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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61

BlackBerry Stock Forecast, Price & News

$5.75
+0.38 (+7.08%)
(As of 06/24/2022 06:40 PM ET)
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Today's Range
$5.26
$5.76
50-Day Range
$4.89
$6.64
52-Week Range
$4.70
$12.86
Volume
14.53 million shs
Average Volume
8.75 million shs
Market Capitalization
$3.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.67
30 days | 90 days | 365 days | Advanced Chart

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BB Stock Forecast (MarketRank)

Overall MarketRank

1.63 out of 5 stars

Computer And Technology Sector

606th out of 922 stocks

Prepackaged Software Industry

206th out of 302 stocks

Analyst Opinion: 1.9Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
BlackBerry logo

About BlackBerry (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 BlackBerry Cyber Suite, which provides Cylance AI and machine learning-based cybersecurity solutions, including BlackBerry Protect, an EPP and available MTD solution; BlackBerry Optics, an EDR solution that provides visibility into and prevention of malicious activity; BlackBerry Guard, a managed detection and response solution; BlackBerry Gateway, an AI-empowered ZTNA solution; and BlackBerry Persona, a UEBA solution that provides authentication by validating user identity in real time. It also provides BlackBerry Spark Unified Endpoint Management Suite, such as BlackBerry UEM, a central software component of its secure communications platform; BlackBerry Dynamics that provides a development platform and secure container for mobile applications; BlackBerry AtHoc and BlackBerry Alert secure and networked critical event management solutions; and SecuSUITE for Government, a multi-OS voice and text messaging solution, as well as BBM Enterprise, an enterprise-grade secure instant messaging solution. In addition, the company offers BlackBerry QNX, which provides Neutrino operating system and BlackBerry QNX CAR platform, and other products; BlackBerry QNX, an embedded system solution; BlackBerry Jarvis, a cloud-based binary static application security testing platform; BlackBerry Certicom cryptography and management products, and BlackBerry Radar asset monitoring solution; and BlackBerry IVY, an intelligent vehicle data platform, as well as enterprise and cybersecurity consulting services. Further, it is involved in the patent licensing and legacy service access fees business. As of February 28, 2022, it owned approximately 38,000 worldwide patents and applications. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.

BB Stock News Headlines

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Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Wireless Telecommunication Services
Previous Symbol
NASDAQ:RIMM
Employees
3,497
Year Founded
N/A

Company Calendar

Last Earnings
3/31/2022
Today
6/27/2022
Next Earnings (Estimated)
9/28/2022
Fiscal Year End
2/28/2023

Price Target and Rating

Average Stock Price Forecast
$6.70
High Stock Price Forecast
$9.50
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+33.3%
Consensus Rating
Hold
Rating Score (0-4)
1.66666666666667
Research Coverage
5 Analysts

Profitability

Net Income
$-1.10 billion
Pretax Margin
-59.08%

Debt

Sales & Book Value

Annual Sales
$893 million
Cash Flow
$1.11 per share
Book Value
$2.66 per share

Miscellaneous

Free Float
565,566,000
Market Cap
$3.32 billion
Optionable
Optionable
Beta
1.36














BlackBerry Frequently Asked Questions

Should I buy or sell BlackBerry stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BlackBerry stock. 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 analyst ratings for BlackBerry
or view top-rated stocks.

What is BlackBerry's stock price forecast for 2022?

5 brokerages have issued 12 month price objectives for BlackBerry's shares. Their BB stock forecasts range from $5.00 to $9.50. On average, they predict BlackBerry's share price to reach $6.70 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price.
View analysts' price targets for BlackBerry
or view top-rated stocks among Wall Street analysts.

How has BlackBerry's stock price performed in 2022?

BlackBerry's stock was trading at $9.35 at the start of the year. Since then, BB stock has decreased by 38.5% and is now trading at $5.75.
View the best growth stocks for 2022 here
.

When is BlackBerry's next earnings date?

BlackBerry is scheduled to release its next quarterly earnings announcement on Wednesday, September 28th 2022.
View our earnings forecast for BlackBerry
.

How were BlackBerry's earnings last quarter?

BlackBerry Limited (NYSE:BB) issued its quarterly earnings data on Thursday, March, 31st. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.06. The business had revenue of $185 million for the quarter, compared to analyst estimates of $186.04 million. BlackBerry had a negative net margin of 60.16% and a negative trailing twelve-month return on equity of 6.13%. The company's revenue for the quarter was down 11.9% on a year-over-year basis. During the same period last year, the firm earned $0.02 EPS.
View BlackBerry's earnings history
.

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

BlackBerry updated its FY 2027 earnings guidance on Wednesday, June, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.21 billion-$1.21 billion.

Who are BlackBerry's key executives?

BlackBerry's management team includes the following people:
  • Mr. John S. Chen, Exec. Chairman & CEO (Age 66, Pay $3.02M) (LinkedIn Profile)
  • Mr. Steve Rai, Chief Financial Officer (LinkedIn Profile)
  • Mr. Sai Yuen Ho, EVP & Corp. Officer of Product Engineering of Spark Group Products & Value Added Solutions (Age 65, Pay $707.27k)
  • Mr. Mattias Eriksson, Pres of IoT Bus. Unit
  • Mr. John Joseph Giamatteo, Pres & Acting GM of BlackBerry Cyber Security Bus. Unit (Age 55, Pay $453.6k)
  • Mr. Charles Eagan, Chief Technology Officer
  • Mr. Christopher Hummel, Chief Information Officer
  • Mr. Tim Foote, Investor Relations
  • Mr. Randall Cook, Chief Legal Officer, Chief Compliance Officer & Chief Risk Officer
  • Mr. Mark Wilson, Chief Marketing Officer

What is John Chen's approval rating as BlackBerry's CEO?

706 employees have rated BlackBerry CEO John Chen on Glassdoor.com. John Chen has an approval rating of 50% among BlackBerry'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 a number of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (6.79%), Allianz Asset Management GmbH (4.37%), Vanguard Group Inc. (2.90%), FIFTHDELTA Ltd (2.26%), Bank of America Corp DE (0.44%) and Swiss National Bank (0.42%). Company insiders that own BlackBerry stock include Barbara Stymiest, Billy Ho, David Castignola, John S Chen, Marjorie Dickman, Mark George Wilson, Nita C White-Ivy, Randall Cook, Steve Rai, Steven M Capelli and Thomas Eacobacci.
View institutional ownership trends for BlackBerry
.

Which institutional investors are selling BlackBerry stock?

BB stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Walleye Trading LLC, Primecap Management Co. CA, IMC Chicago LLC, Wolverine Asset Management LLC, Jane Street Group LLC, Group One Trading L.P., and Goldman Sachs Group Inc.. Company insiders that have sold BlackBerry company stock in the last two years include Billy Ho, John S Chen, Marjorie Dickman, Mark George Wilson, Nita C White-Ivy, Randall Cook, Steve Rai, Steven M Capelli, and Thomas Eacobacci.
View insider buying and selling activity for BlackBerry
or view top insider-selling stocks.

Which institutional investors are buying BlackBerry stock?

BB stock was bought by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Hollencrest Capital Management, State of Michigan Retirement System, Cartenna Capital LP, Mackenzie Financial Corp, Dorsal Capital Management LLC, Mirae Asset Global Investments Co. Ltd., and Mirae Asset Global Investments Co. Ltd..
View insider buying and selling activity for BlackBerry
or or view top insider-buying stocks.

How do I buy shares of BlackBerry?

Shares of BB 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 $5.75.

How much money does BlackBerry make?

BlackBerry (NYSE:BB) has a market capitalization of $3.32 billion and generates $893 million in revenue each year. The company earns $-1.10 billion in net income (profit) each year or ($0.970010) on an earnings per share basis.

How many employees does BlackBerry have?

BlackBerry employs 3,497 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 BlackBerry is www.blackberry.com. The company can be reached via phone at (519) 888-7465, via email at [email protected], or via fax at 519-888-6906.

This page (NYSE:BB) was last updated on 6/27/2022 by MarketBeat.com Staff

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