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NYSE:BBBlackBerry Stock Price, Forecast & News

$5.23
+0.02 (+0.38 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$5.16
Now: $5.23
$5.33
50-Day Range
$3.70
MA: $4.40
$5.21
52-Week Range
$2.70
Now: $5.23
$9.09
Volume4.55 million shs
Average Volume5.65 million shs
Market Capitalization$2.90 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.53
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. It also provides CylancePROTECT, an endpoint threat prevention solution; CylanceOPTICS, an endpoint detection and response solution; BlackBerry QNX real-time operating systems, middleware, development tools, and professional services; BlackBerry Jarvis, a cloud-based binary static application security testing platform; and BlackBerry Certicom that offers device security, anti-counterfeiting, and product authentication. In addition, the company offers Paratek, which provides adaptive radio frequency antenna tuning technology; and BlackBerry Radar, an asset tracking and telematics solution, as well as intellectual property and licensing, mobility licensing, and other licensing programs. Further, it is involved in developing BlackBerry 10 platform, and delivering BlackBerry productivity applications to Android smartphone; developing and licensing of device software and outsourcing to partners; and providing of Android smartphones, smartphone accessories, and non-warranty repair services. Additionally, the company engages in the operations related to subscribers using mobile devices with its legacy BlackBerry 7 and prior operating systems. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.13 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryWireless Telecommunication Services
Previous SymbolNASDAQ:RIMM
CUSIPN/A
Phone519-888-7465

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.04 billion
Cash Flow$0.40 per share
Book Value$4.56 per share

Profitability

Net Income$-152,000,000.00

Miscellaneous

Employees3,668
Market Cap$2.90 billion
Next Earnings Date6/24/2020 (Estimated)
OptionableOptionable

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BlackBerry (NYSE:BB) Frequently Asked Questions

How has BlackBerry's stock been impacted by COVID-19 (Coronavirus)?

BlackBerry's stock was trading at $4.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BB shares have increased by 25.7% and is now trading at $5.23. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of BlackBerry?

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

When is BlackBerry's next earnings date?

BlackBerry is scheduled to release its next quarterly earnings announcement on Wednesday, June 24th 2020. View our earnings forecast for BlackBerry.

How were BlackBerry's earnings last quarter?

BlackBerry Ltd (NYSE:BB) issued its earnings results on Tuesday, March, 31st. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.05. The business earned $291 million during the quarter, compared to analysts' expectations of $296.29 million. BlackBerry had a positive return on equity of 0.43% and a negative net margin of 14.61%. The firm's revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share. View BlackBerry's earnings history.

What price target have analysts set for BB?

11 equities research analysts have issued 12-month target prices for BlackBerry's shares. Their forecasts range from $4.50 to $7.50. On average, they anticipate BlackBerry's stock price to reach $6.14 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View analysts' price targets for BlackBerry.

Has BlackBerry been receiving favorable news coverage?

Headlines about BB stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing 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 closest to five being the most favorable. BlackBerry earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutBlackBerry.

Are investors shorting BlackBerry?

BlackBerry saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 27,350,000 shares, a decline of 7.0% from the April 30th total of 29,420,000 shares. Based on an average daily trading volume, of 6,880,000 shares, the days-to-cover ratio is presently 4.0 days. Currently, 5.0% of the company's shares are sold short. 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), Netflix (NFLX), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), Advanced Micro Devices (AMD), Twitter (TWTR), Zynga (ZNGA) and Alphabet (GOOG).

Who are BlackBerry's key executives?

BlackBerry's management team includes the following people:
  • Mr. John S. Chen, Exec. Chairman & CEO (Age 63)
  • Mr. Randall Cook, Chief Legal Officer & Corp. Sec.
  • Ms. Nita C. White-Ivy, Exec. VP of HR (Age 72)
  • Mr. Steven M. Capelli, Chief Revenue Officer (Age 61)
  • Mr. Stuart C. McClure, Pres of BlackBerry Cylance (Age 49)

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 variety of retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (12.09%), Ontario Teachers Pension Plan Board (3.50%), Iridian Asset Management LLC CT (1.29%), Kahn Brothers Group Inc. DE (1.05%), Marathon Asset Management LLP (0.87%) and Invesco Ltd. (0.80%). Company insiders that own BlackBerry stock include Barbara Stymiest, Billy Ho, David Castignola and Steve Rai. View institutional ownership trends for BlackBerry.

Which major investors are selling BlackBerry stock?

BB stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Primecap Management Co. CA, Morgan Stanley, Toronto Dominion Bank, Iridian Asset Management LLC CT, Invesco Ltd., Morgan Stanley, and Two Sigma Investments LP. Company insiders that have sold BlackBerry company stock in the last year include David Castignola, and Steve Rai. View insider buying and selling activity for BlackBerry.

Which major investors are buying BlackBerry stock?

BB stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Marathon Asset Management LLP, Hollencrest Capital Management, Connor Clark & Lunn Investment Management Ltd., Ontario Teachers Pension Plan Board, Aperio Group LLC, Robertson Stephens Wealth Management LLC, and Swiss National Bank. Company insiders that have bought BlackBerry stock in the last two years include Barbara Stymiest, and Billy Ho. View insider buying and selling activity for BlackBerry.

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 $5.23.

How big of a company is BlackBerry?

BlackBerry has a market capitalization of $2.90 billion and generates $1.04 billion in revenue each year. The company earns $-152,000,000.00 in net income (profit) each year or $0.02 on an earnings per share basis. BlackBerry employs 3,668 workers across the globe.

What is BlackBerry's official website?

The official website for BlackBerry is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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