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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What analysts wanted out of Chewy stock is finally here
The truth about DocuSign's relevancy in today's world: Surprise
Henry Ford Would NEVER Have Seen This Coming (Ad)
SoFi expands ETF business with options-driven income fund
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What analysts wanted out of Chewy stock is finally here
The truth about DocuSign's relevancy in today's world: Surprise
Henry Ford Would NEVER Have Seen This Coming (Ad)
SoFi expands ETF business with options-driven income fund
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What analysts wanted out of Chewy stock is finally here
The truth about DocuSign's relevancy in today's world: Surprise
Henry Ford Would NEVER Have Seen This Coming (Ad)
SoFi expands ETF business with options-driven income fund
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company

BlackBerry Stock Price, News & Analysis (NYSE:BB)

$3.95
+0.06 (+1.54%)
(As of 12/5/2023 ET)
Compare
Today's Range
$3.78
$4.00
50-Day Range
$3.35
$4.89
52-Week Range
$3.17
$5.75
Volume
5.01 million shs
Average Volume
5.60 million shs
Market Capitalization
$2.31 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.13

BlackBerry MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
29.7% Upside
$5.13 Price Target
Short Interest
Healthy
4.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$2.10 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.03) to ($0.06) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.67 out of 5 stars

Computer And Technology Sector

499th out of 592 stocks

Prepackaged Software Industry

154th out of 188 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 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

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BlackBerry: Breaking Up Is Hard To Do
BlackBerry's Stunning Pivot
BlackBerry: Another Massive Revenue Warning
Analysts Just Trimmed Price Targets for These 10 Stocks
See More Headlines
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Company Calendar

Last Earnings
9/28/2023
Today
12/05/2023
Next Earnings (Estimated)
12/19/2023
Fiscal Year End
2/29/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Wireless Telecommunication Services
Previous Symbol
NASDAQ:RIMM
Employees
3,181
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.13
High Stock Price Target
$7.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+29.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-734,000,000.00
Pretax Margin
-65.58%

Debt

Sales & Book Value

Annual Sales
$656 million
Cash Flow
$0.38 per share
Book Value
$1.47 per share

Miscellaneous

Free Float
573,000,000
Market Cap
$2.31 billion
Optionable
Optionable
Beta
1.50
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

  • Mr. Richard J. Lynch (Age 74)
    Chairman of the Board & Interim CEO
    Comp: $205.56k
  • Mr. Steve  RaiMr. Steve Rai
    Chief Financial Officer
  • Mr. Philip Kurtz CFA
    Chief Legal Officer & Corporate Secretary
  • Mr. Mattias  ErikssonMr. Mattias Eriksson
    President of IoT Business Unit
  • Mr. John Joseph Giamatteo (Age 56)
    President & Acting GM of BlackBerry Cyber Security Business Unit
    Comp: $566.91k
  • Mr. Charles Eagan
    Chief Technology Officer
  • Mr. Jesse Harold
    Chief Information Officer
  • Mr. Tim Foote
    Investor Relations
  • Ms. Neelam Sandhu
    Chief Elite Customer Success Officer & Chief Marketing Officer
  • Mr. Vito Giallorenzo
    Senior VP of Corporate Development & COO of BlackBerry Technology Solutions














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 year. 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 Wall Street analysts have issued 1-year price objectives for BlackBerry's stock. Their BB share price targets range from $4.00 to $7.00. On average, they expect the company's share price to reach $5.13 in the next year. This suggests a possible upside of 29.7% 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 shares have increased by 21.2% and is now trading at $3.95.
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 Tuesday, December 19th 2023.
View our BB earnings forecast
.

How were BlackBerry's earnings last quarter?

BlackBerry Limited (NYSE:BB) issued its quarterly earnings results on Thursday, September, 28th. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.07) by $0.03. The business earned $132 million during the quarter, compared to analyst estimates of $134.25 million. BlackBerry had a negative net margin of 66.91% and a negative trailing twelve-month return on equity of 7.11%. The firm's quarterly revenue was down 21.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.06) EPS.

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 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 Primecap Management Co. CA (5.99%), Legal & General Group Plc (3.31%), Connor Clark & Lunn Investment Management Ltd. (1.49%), Mirae Asset Global Investments Co. Ltd. (1.35%), Hawk Ridge Capital Management LP (0.78%) and UBS Group AG (0.00%). Insiders that own company stock include Billy Ho, John S Chen, Marjorie Dickman, Mark George Wilson, Mattias Eriksson, Nita C White-Ivy, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:BB) was last updated on 12/6/2023 by MarketBeat.com Staff

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