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

$5.48
+0.10 (+1.86 %)
(As of 11/17/2019 04:47 AM ET)
Today's Range
$5.33
Now: $5.48
$5.47
50-Day Range
$4.87
MA: $5.28
$5.63
52-Week Range
$4.86
Now: $5.48
$10.29
Volume2.43 million shs
Average Volume3.71 million shs
Market Capitalization$3.01 billion
P/E Ratio42.15
Dividend YieldN/A
Beta1.74
BlackBerry Limited provides enterprise software and services worldwide. The company offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting services; and BBM Enterprise, an enterprise-grade instant messaging solution, as well as BlackBerry Spark Communication services. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Previous SymbolNASDAQ:RIMM
CUSIPN/A
Phone519-888-7465

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$904 million
Cash Flow$0.38 per share
Book Value$4.82 per share

Profitability

Net Income$93 million

Miscellaneous

Employees3,945
Market Cap$3.01 billion
Next Earnings Date12/19/2019 (Estimated)
OptionableOptionable

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BlackBerry (NYSE:BB) Frequently Asked Questions

What is BlackBerry's stock symbol?

BlackBerry trades on the New York Stock Exchange (NYSE) under the ticker symbol "BB."

How were BlackBerry's earnings last quarter?

BlackBerry Ltd (NYSE:BB) issued its quarterly earnings results on Tuesday, September, 24th. The company reported ($0.04) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.04). The company earned $244 million during the quarter, compared to analyst estimates of $267.91 million. BlackBerry had a net margin of 3.19% and a return on equity of 1.32%. The business's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.04 EPS. View BlackBerry's Earnings History.

When is BlackBerry's next earnings date?

BlackBerry is scheduled to release their next quarterly earnings announcement on Thursday, December 19th 2019. View Earnings Estimates for BlackBerry.

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

BlackBerry issued an update on its FY 2020 earnings guidance on Tuesday, September, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.12668-1.145 billion, compared to the consensus revenue estimate of $1.13 billion.

What price target have analysts set for BB?

13 brokerages have issued 1 year price objectives for BlackBerry's shares. Their forecasts range from $6.00 to $10.00. On average, they expect BlackBerry's share price to reach $7.51 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View Analyst Price Targets for BlackBerry.

What is the consensus analysts' recommendation for BlackBerry?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 1 sell rating, 11 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for BlackBerry.

Has BlackBerry been receiving favorable news coverage?

Media stories about BB stock have been trending somewhat negative on Sunday, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BlackBerry earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the near future. View News Stories for BlackBerry.

Are investors shorting BlackBerry?

BlackBerry saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 28,170,000 shares, an increase of 5.8% from the September 15th total of 26,620,000 shares. Based on an average daily trading volume, of 5,210,000 shares, the days-to-cover ratio is presently 5.4 days. Currently, 5.3% of the shares of the stock are short sold. View BlackBerry's Current Options Chain.

Who are some of BlackBerry's key competitors?

What other stocks do shareholders of BlackBerry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackBerry investors own include Bank of America (BAC), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX), Advanced Micro Devices (AMD), Twitter (TWTR), Cisco Systems (CSCO), Tesla (TSLA) and Intel (INTC).

Who are BlackBerry's key executives?

BlackBerry's management team includes the folowing people:
  • Mr. John S. Chen, Exec. Chairman & CEO (Age 63)
  • Mr. Steven M. Capelli, Chief Financial Officer (Age 61)
  • Mr. Bryan Palma, Pres & COO
  • Mr. Carl J. Wiese, Pres of Global Sales
  • Mr. Charles Eagan, Chief Technology Officer

Who are BlackBerry's major shareholders?

BlackBerry's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Kahn Brothers Group Inc. DE (1.03%), Kahn Brothers Group Inc. DE (1.03%), Beck Mack & Oliver LLC (0.68%), Letko Brosseau & Associates Inc. (0.65%), Sumitomo Mitsui Trust Holdings Inc. (0.32%) and Kornitzer Capital Management Inc. KS (0.27%).

Which institutional investors are selling BlackBerry stock?

BB stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, CIBC Asset Management Inc, SG Americas Securities LLC, Commonwealth Equity Services LLC, Sumitomo Mitsui Trust Holdings Inc., Russell Investments Group Ltd., BB&T Securities LLC and Capital Investment Counsel Inc.

Which institutional investors are buying BlackBerry stock?

BB stock was purchased by a variety of institutional investors in the last quarter, including PenderFund Capital Management Ltd., Kahn Brothers Group Inc. DE, Kahn Brothers Group Inc. DE, Beck Mack & Oliver LLC, Tower Research Capital LLC TRC , First Trust Advisors LP, CIBC Private Wealth Group LLC and Great West Life Assurance Co. Can.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is BlackBerry's stock price today?

One share of BB stock can currently be purchased for approximately $5.48.

How big of a company is BlackBerry?

BlackBerry has a market capitalization of $3.01 billion and generates $904 million in revenue each year. The company earns $93 million in net income (profit) each year or $0.13 on an earnings per share basis. BlackBerry employs 3,945 workers across the globe.View Additional Information About BlackBerry.

What is BlackBerry's official website?

The official website for BlackBerry is http://www.blackberry.com/.

How can I contact BlackBerry?

BlackBerry's mailing address is 2200 University Ave East, Waterloo A6, N2K 0A7. The company can be reached via phone at 519-888-7465 or via email at [email protected]


MarketBeat Community Rating for BlackBerry (NYSE BB)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  637 (Vote Outperform)
Underperform Votes:  461 (Vote Underperform)
Total Votes:  1,098
MarketBeat's community ratings are surveys of what our community members think about BlackBerry and other stocks. Vote "Outperform" if you believe BB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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