BlackBerry - BB Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating 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.
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5 equities research analysts have issued twelve-month target prices for BlackBerry's shares. Their BB share price forecasts range from $5.00 to $7.00. On average, they anticipate the company's share price to reach $6.20 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price.
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BlackBerry's stock was trading at $9.35 on January 1st, 2022. Since then, BB shares have decreased by 46.8% and is now trading at $4.97.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 27th 2022.
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BlackBerry will be holding an earnings conference call on Tuesday, September 27th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "1566649".

BlackBerry Limited (NYSE:BB) announced its quarterly earnings results on Thursday, March, 31st. The company reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.06. The firm earned $185 million during the quarter, compared to the consensus estimate of $186.04 million. BlackBerry had a negative trailing twelve-month return on equity of 6.29% and a negative net margin of 15.03%. The business's revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter last year, the business posted $0.02 EPS.

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.

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).

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

BlackBerry's stock is owned by a variety of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (6.57%), FIFTHDELTA Ltd (3.93%), Allianz Asset Management GmbH (3.92%), Swiss National Bank (0.42%), Legal & General Group Plc (0.39%) and Connor Clark & Lunn Investment Management Ltd. (0.36%). Insiders that own company stock include Barbara Stymiest, Billy Ho, David Castignola, 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.
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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.
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One share of BB stock can currently be purchased for approximately $4.97.

BlackBerry (NYSE:BB) has a market capitalization of $2.87 billion and generates $718 million in revenue each year. The company earns $12 million in net income (profit) each year or ($0.68) on an earnings per share basis.

The company employs 3,325 workers across the globe.

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.