BB - BlackBerry Limited Stock Price, News & Analysis

$10.73 0.19 (1.80 %)
(As of 11/23/2017 03:23 PM ET)
Previous Close$10.54
Today's Range$10.78 - $10.58
52-Week Range$6.65 - $11.78
Volume2.87 million shs
Average Volume6.30 million shs
Market Capitalization$5.59 billion
P/E Ratio527
Dividend YieldN/A
Beta1.04

About BlackBerry Limited (NYSE:BB)

BlackBerry Limited logoBlackBerry Limited (BlackBerry) provides mobile communications solutions. The Company is engaged in the sale of smartphones and enterprise software and services. The Company's products and services include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging. It is engaged in providing enterprise mobility management (EMM) and mobile security, and offers a portfolio of enterprise software solutions and services that can be deployed across a range of ecosystems and devices, including BlackBerry Enterprise Service (BES) 12 and Good Platforms, BES12 Cloud, enterprise file-sync-and-share (EFSS), SecuSUITE for Enterprise, Enhanced subscriber identity module (SIM)-Based Licensing (ESBL), WorkLife by BlackBerry solution and Professional Cybersecurity Services. The BlackBerry Technology Solutions business unit consists of five units: QNX, Certicom, Paratek, the BlackBerry IoT Platform and Intellectual Property and Patent Licensing (IPPL).


Industry, Sector and Symbol

Industry Wireless Telecommunications Services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:BB
  • Previous Symbol: NASDAQ:RIMM
  • CUSIPN/A

    Debt

    Debt-to-Equity Ratio0.27%
    Current Ratio5.19%
    Quick Ratio5.17%

    Price-To-Earnings

    Trailing P/E Ratio527
    Forward P/E Ratio-268.25
    P/E GrowthN/A

    Sales & Book Value

    Annual Sales$1.31 billion
    Price / Sales4.35
    Cash Flow$0.51 per share
    Price / Cash20.94
    Book Value$3.88 per share
    Price / Book2.77

    Dividend

    Annual DividendN/A
    Dividend YieldN/A

    Profitability

    Trailing EPS$0.84
    Net Income$-1,206,000,000.00
    Net Margins49.62%
    Return on Equity2.70%
    Return on Assets1.78%

    Miscellaneous

    Employees4,044
    Outstanding Shares530,410,000

    Frequently Asked Questions for BlackBerry Limited (NYSE:BB)

    What is BlackBerry Limited's stock symbol?

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

    How were BlackBerry Limited's earnings last quarter?

    BlackBerry Limited (NYSE:BB) released its quarterly earnings results on Thursday, September, 28th. The company reported $0.05 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.01) by $0.06. The firm earned $238 million during the quarter, compared to analysts' expectations of $221.21 million. BlackBerry Limited had a return on equity of 2.70% and a net margin of 49.62%. The business's quarterly revenue was down 32.4% on a year-over-year basis. View BlackBerry Limited's Earnings History.

    When will BlackBerry Limited make its next earnings announcement?

    BlackBerry Limited is scheduled to release their next quarterly earnings announcement on Tuesday, December, 19th 2017. View Earnings Estimates for BlackBerry Limited.

    Where is BlackBerry Limited's stock going? Where will BlackBerry Limited's stock price be in 2017?

    17 equities research analysts have issued 12 month price objectives for BlackBerry Limited's shares. Their predictions range from $7.00 to $13.50. On average, they anticipate BlackBerry Limited's stock price to reach $9.54 in the next year. View Analyst Ratings for BlackBerry Limited.

    What are Wall Street analysts saying about BlackBerry Limited stock?

    Here are some recent quotes from research analysts about BlackBerry Limited stock:

    • 1. According to Zacks Investment Research, "BlackBerry Limited is involved in the design, manufacture and marketing of wireless solutions for the mobile communications market. Its integrated hardware, software and services provide platforms and solutions for seamless access to information which includes e-mail, voice, instant messaging, short message service, Internet and intranet-based applications and browsing. The company operates in North America, Europe, Asia Pacific and Latin America. BlackBerry Limited, formerly known as Research In Motion Limited, is headquartered in Waterloo, Canada. " (11/21/2017)
    • 2. Macquarie analysts commented, "more stable business environment for the company."Papageorgiou also noted that BlackBerry's market share of "infotainment" technologies in the auto sector stands at more than half of the entire market. However, the company only generates around $1.00 to $1.50 per vehicle, but the company believes this figure can grow as high as $5 per vehicle.Bottom line, the analyst acknowledged that there is still risk involved in BlackBerry's stock but said, "We believe the potential returns outweigh them." (4/3/2017)
    • 3. Canaccord Genuity analysts commented, "We believe BlackBerry faces challenges and must execute on further developing an enterprise sales channel to meaningfully accelerate software sales. While we believe the senior management team is capable of executing against the market opportunity, we believe it could take several years for meaningful progress." (1/30/2017)

    Are investors shorting BlackBerry Limited?

    BlackBerry Limited saw a increase in short interest in October. As of October 31st, there was short interest totalling 47,398,948 shares, an increase of 2.3% from the October 13th total of 46,322,942 shares. Based on an average daily volume of 3,687,520 shares, the days-to-cover ratio is presently 12.9 days. Currently, 9.1% of the company's stock are short sold.

    Who are some of BlackBerry Limited's key competitors?

    Who are BlackBerry Limited's key executives?

    BlackBerry Limited's management team includes the folowing people:

    • John S. Chen, Executive Chairman of the Board, Chief Executive Officer (Age 61)
    • Steven M. Capelli, Chief Financial Officer (Age 58)
    • Sandeep Chennakeshu, President - BlackBerry Technology Solutions
    • Carl James Wiese, President - Global Sales
    • Marty J. Beard, Chief Operating Officer
    • Nita White-Ivy, Executive Vice President - Human Resources (Age 69)
    • Sai Yuen Ho, Executive Vice President - Enterprise Products and Value Added Solutions
    • Steven E. Zipperstein, Chief Legal Officer, Corporate Secretary
    • V. Prem Watsa, Lead Independent Director (Age 66)
    • Laurie Smaldone Alsup M.D., Independent Director (Age 63)

    How do I buy BlackBerry Limited stock?

    Shares of BlackBerry Limited 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, Scottrade, Fidelity and Charles Schwab.

    What is BlackBerry Limited's stock price today?

    One share of BlackBerry Limited stock can currently be purchased for approximately $10.73.

    How big of a company is BlackBerry Limited?

    BlackBerry Limited has a market capitalization of $5.59 billion and generates $1.31 billion in revenue each year. The company earns $-1,206,000,000.00 in net income (profit) each year or $0.84 on an earnings per share basis. BlackBerry Limited employs 4,044 workers across the globe.

    How can I contact BlackBerry Limited?

    BlackBerry Limited'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 Limited (BB)

    Community Ranking:  2.1 out of 5 (star star)
    Outperform Votes:  30 (Vote Outperform)
    Underperform Votes:  41 (Vote Underperform)
    Total Votes:  71
    MarketBeat's community ratings are surveys of what our community members think about BlackBerry Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

    Analyst Ratings

    Analysts' Consensus Rating for BlackBerry Limited (NYSE:BB)

      (How are Consensus Ratings Calculated?)
    Ratings Breakdown: 3 Sell Ratings, 10 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings
    Consensus Rating:Hold (Score: 2.06)
    Consensus Price Target: $9.54 (11.05% downside)

    Consensus Price Target History for BlackBerry Limited (NYSE:BB)

    Price Target History for BlackBerry Limited (NYSE:BB)

    Analysts' Ratings History for BlackBerry Limited (NYSE:BB)

    Show:
    DateFirmActionRatingPrice TargetImpact on Share PriceDetails
    10/17/2017Canaccord GenuityBoost Price TargetHold$10.00 -> $11.00N/AView Rating Details
    10/2/2017TD SecuritiesBoost Price TargetBuy$11.50 -> $12.00LowView Rating Details
    9/29/2017BMO Capital MarketsReiterated RatingHold$10.00LowView Rating Details
    9/29/2017Royal Bank Of CanadaBoost Price TargetSector Perform -> Sector Perform$9.50 -> $10.50HighView Rating Details
    9/22/2017Bank of America CorporationBoost Price TargetUnderperform$7.50 -> $8.00LowView Rating Details
    9/21/2017ScotiabankReiterated RatingOutperform$13.50LowView Rating Details
    8/13/2017Goldman Sachs Group, Inc. (The)Reiterated RatingSellMediumView Rating Details
    7/4/2017William BlairReiterated RatingMarket PerformN/AView Rating Details
    7/4/2017Imperial CapitalReiterated RatingIn-Line$8.25N/AView Rating Details
    6/26/2017Deutsche Bank AGReiterated RatingHold$7.00 -> $7.50MediumView Rating Details
    6/26/2017Wells Fargo & CompanyReiterated RatingMarket Perform$8.50 -> $9.00MediumView Rating Details
    6/21/2017Credit Suisse GroupReiterated RatingUnderperform$8.00HighView Rating Details
    6/21/2017Morgan StanleyLower Price TargetEqual Weight$10.00 -> $7.00MediumView Rating Details
    5/30/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Mkt PerformLowView Rating Details
    4/12/2017CIBCUpgradeSector Underperform -> Sector Perform$10.00MediumView Rating Details
    4/3/2017MacquarieUpgradeNeutral -> Outperform$8.10 -> $9.00LowView Rating Details
    3/13/2017Global Equities ResearchInitiated CoverageOverweight$11.00LowView Rating Details
    12/23/2016MKM PartnersReiterated RatingNeutral$8.00N/AView Rating Details
    8/29/2016J P Morgan Chase & CoBoost Price TargetNeutral$7.00 -> $8.00N/AView Rating Details
    1/20/2016Howard WeilInitiated CoverageSector PerformN/AView Rating Details
    (Data available from 11/23/2015 forward)

    Earnings

    Earnings History and Estimates Chart for BlackBerry Limited (NYSE:BB)

    Earnings by Quarter for BlackBerry Limited (NYSE:BB)

    Earnings History by Quarter for BlackBerry Limited (NYSE BB)

    DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
    12/19/2017        
    9/28/20178/31/2017($0.01)$0.05$221.21 million$238.00 millionViewN/AView Earnings Details
    6/23/2017Q1 18$0.02$0.02$262.80 million$244.00 millionViewN/AView Earnings Details
    3/31/20172/28/2017($0.04)$0.04$288.45 million$297.00 millionViewN/AView Earnings Details
    12/20/2016Q317($0.01)$0.02$331.47 million$301.00 millionViewN/AView Earnings Details
    9/28/2016Q217($0.05)($0.03)$390.66 million$352.00 millionViewListenView Earnings Details
    4/1/2016Q416($0.10)($0.03)$559.74 million$464.00 millionViewN/AView Earnings Details
    12/18/2015Q316($0.14)($0.03)$485.21 million$548.00 millionViewListenView Earnings Details
    9/25/2015Q216($0.09)($0.13)$609.47 million$490.00 millionViewListenView Earnings Details
    6/23/2015Q116($0.03)($0.05)$684.52 million$658.00 millionViewListenView Earnings Details
    3/27/2015Q415($0.03)$0.04$802.29 million$660.00 millionViewN/AView Earnings Details
    12/19/2014Q315($0.06)$0.01$927.83 million$793.00 millionViewN/AView Earnings Details
    9/26/2014($0.21)($0.02)ViewN/AView Earnings Details
    9/26/2014Q215($0.17)($0.02)$915.76 million$916.00 millionViewN/AView Earnings Details
    6/19/2014Q115($0.27)($0.11)$976.25 million$966.00 millionViewN/AView Earnings Details
    3/28/2014Q414($0.57)($0.08)$1.11 billion$976.00 millionViewN/AView Earnings Details
    12/20/2013Q314($0.43)($0.67)$1.59 billion$1.19 billionViewListenView Earnings Details
    9/27/2013Q214($0.15)($0.47)$1.63 billion$1.60 billionViewN/AView Earnings Details
    6/28/2013Q1 2014$0.04($0.13)$2.81 billion$3.07 billionViewN/AView Earnings Details
    3/28/2013Q413($0.30)$0.22$2.84 billion$2.70 billionViewN/AView Earnings Details
    12/20/2012Q313($0.35)($0.22)$2.66 billion$2.73 billionViewN/AView Earnings Details
    9/27/2012Q213($0.46)($0.27)$2.50 billion$2.90 billionViewN/AView Earnings Details
    6/28/2012($0.08)($0.37)ViewN/AView Earnings Details
    3/29/2012$0.81$0.80ViewN/AView Earnings Details
    12/15/2011$1.19$1.27ViewN/AView Earnings Details
    9/15/2011$0.89$0.80ViewN/AView Earnings Details
    6/16/2011$1.32$1.33ViewN/AView Earnings Details
    3/24/2011$1.76$1.78ViewN/AView Earnings Details
    12/16/2010$1.65$1.74$5.40 billion$5.50 billionViewN/AView Earnings Details
    (Data available from 1/1/2011 forward)

    Estimates

    Earnings Estimates for BlackBerry Limited (NYSE:BB)
    Current Year EPS Consensus Estimate: $-0.04 EPS
    Next Year EPS Consensus Estimate: $-0.04 EPS

    Dividends

    Dividend History for BlackBerry Limited (NYSE:BB)
    No dividend announcements for this company have been tracked by MarketBeat.com

    Insider Trades

    Insider Trading History for BlackBerry Limited (NYSE BB)
    No insider trades for this company have been tracked by MarketBeat.com

    Headlines

    Latest Headlines for BlackBerry Limited (NYSE BB)

    Source:
    DateHeadline
    Critical Contrast: China Mobile (Hong Kong) (CHL) and BlackBerry Limited (BB)Critical Contrast: China Mobile (Hong Kong) (CHL) and BlackBerry Limited (BB)
    www.americanbankingnews.com - November 23 at 1:30 AM
    BlackBerry Limited (BB) Downgraded by Zacks Investment ResearchBlackBerry Limited (BB) Downgraded by Zacks Investment Research
    www.americanbankingnews.com - November 21 at 7:24 PM
    BlackBerry Limited (BB) Upgraded by Zacks Investment Research to BuyBlackBerry Limited (BB) Upgraded by Zacks Investment Research to Buy
    www.americanbankingnews.com - November 20 at 11:34 PM
    Contrasting BlackBerry Limited (BB) & Its PeersContrasting BlackBerry Limited (BB) & Its Peers
    www.americanbankingnews.com - November 20 at 9:16 AM
    BlackBerry Limited (BB) and Its Rivals Head-To-Head ComparisonBlackBerry Limited (BB) and Its Rivals Head-To-Head Comparison
    www.americanbankingnews.com - November 16 at 9:34 PM
    Contrasting America Movil, S.A.B. de C.V. (AMX) and BlackBerry Limited (BB)Contrasting America Movil, S.A.B. de C.V. (AMX) and BlackBerry Limited (BB)
    www.americanbankingnews.com - November 16 at 9:34 PM
    Is Vuzix Finally Nearing An Inflection Point In Smart Glasses?Is Vuzix Finally Nearing An Inflection Point In Smart Glasses?
    seekingalpha.com - November 16 at 4:45 PM
    BlackBerry Ltd. – Value Analysis (NYSE:BB) : November 16, 2017BlackBerry Ltd. – Value Analysis (NYSE:BB) : November 16, 2017
    finance.yahoo.com - November 16 at 4:45 PM
    Intermap Technologies Reports 2017 Third Quarter Financial Results and Share ConsolidationIntermap Technologies Reports 2017 Third Quarter Financial Results and Share Consolidation
    finance.yahoo.com - November 16 at 11:47 AM
    BlackBerry Ltd. breached its 50 day moving average in a Bearish Manner : BB-US : November 15, 2017BlackBerry Ltd. breached its 50 day moving average in a Bearish Manner : BB-US : November 15, 2017
    finance.yahoo.com - November 16 at 11:47 AM
    BlackBerry Announces New Patent Licensing Partnership with Industry LeaderBlackBerry Announces New Patent Licensing Partnership with Industry Leader
    finance.yahoo.com - November 16 at 11:47 AM
    America Movil, S.A.B. de C.V. (AMX) and BlackBerry Limited (BB) Head-To-Head SurveyAmerica Movil, S.A.B. de C.V. (AMX) and BlackBerry Limited (BB) Head-To-Head Survey
    www.americanbankingnews.com - November 15 at 9:48 AM
    BlackBerry Limited (BB) Raised to Buy at Zacks Investment ResearchBlackBerry Limited (BB) Raised to Buy at Zacks Investment Research
    www.americanbankingnews.com - November 14 at 7:56 PM
    Have Investors Already Priced In BlackBerry Limited’s (BB) Growth?Have Investors Already Priced In BlackBerry Limited’s (BB) Growth?
    finance.yahoo.com - November 14 at 1:36 AM
    BlackBerry Limited (BB) Downgraded to "Hold" at Zacks Investment ResearchBlackBerry Limited (BB) Downgraded to "Hold" at Zacks Investment Research
    www.americanbankingnews.com - November 13 at 8:30 PM
    Corporate News Blog - Blackberry Teams Up with Tata Elxsi to Design and Develop Secure Embedded Solutions Using Blackberry "QNX" TechnologiesCorporate News Blog - Blackberry Teams Up with Tata Elxsi to Design and Develop Secure Embedded Solutions Using Blackberry "QNX" Technologies
    finance.yahoo.com - November 10 at 2:44 PM
    ETFs with exposure to BlackBerry Ltd. : November 10, 2017ETFs with exposure to BlackBerry Ltd. : November 10, 2017
    finance.yahoo.com - November 10 at 2:44 PM
    BlackBerry Limited (BB) Receives Consensus Rating of "Hold" from AnalystsBlackBerry Limited (BB) Receives Consensus Rating of "Hold" from Analysts
    www.americanbankingnews.com - November 6 at 2:04 AM
    Zacks: BlackBerry Limited (BB) Receives Average Recommendation of "Hold" from AnalystsZacks: BlackBerry Limited (BB) Receives Average Recommendation of "Hold" from Analysts
    www.americanbankingnews.com - November 3 at 7:50 PM
    Contrasting BlackBerry Limited (BB) and Its CompetitorsContrasting BlackBerry Limited (BB) and Its Competitors
    www.americanbankingnews.com - November 2 at 8:42 AM
    ETFs with exposure to BlackBerry Ltd. : October 30, 2017ETFs with exposure to BlackBerry Ltd. : October 30, 2017
    finance.yahoo.com - October 30 at 5:25 PM
    AT&T (T) versus BlackBerry Limited (BB) Head-To-Head ContrastAT&T (T) versus BlackBerry Limited (BB) Head-To-Head Contrast
    www.americanbankingnews.com - October 27 at 5:12 PM
     BlackBerry Limited (BB) Given $9.54 Average Price Target by Analysts BlackBerry Limited (BB) Given $9.54 Average Price Target by Analysts
    www.americanbankingnews.com - October 26 at 9:18 PM
    BlackBerry Launches New Cybersecurity Services to Safeguard People, Privacy and AssetsBlackBerry Launches New Cybersecurity Services to Safeguard People, Privacy and Assets
    finance.yahoo.com - October 24 at 11:25 PM
    BlackBerry Limited (BB) Announces Launch of New Cybersecurity Consulting Services - StreetInsider.comBlackBerry Limited (BB) Announces Launch of New Cybersecurity Consulting Services - StreetInsider.com
    www.streetinsider.com - October 24 at 6:21 PM
    Brokerages Anticipate BlackBerry Limited (BB) to Announce ($0.01) EPSBrokerages Anticipate BlackBerry Limited (BB) to Announce ($0.01) EPS
    www.americanbankingnews.com - October 23 at 6:48 AM
    Reviewing Rogers Communication (RCI) & BlackBerry (BB)Reviewing Rogers Communication (RCI) & BlackBerry (BB)
    www.americanbankingnews.com - October 19 at 4:10 PM
     Brokerages Set $9.29 Price Target for BlackBerry Limited (BB) Brokerages Set $9.29 Price Target for BlackBerry Limited (BB)
    www.americanbankingnews.com - October 19 at 6:46 AM
    ETFs with exposure to BlackBerry Ltd. : October 18, 2017ETFs with exposure to BlackBerry Ltd. : October 18, 2017
    finance.yahoo.com - October 19 at 3:45 AM
    Canaccord Genuity Raises BlackBerry Ltd (BB) Price Target to $11.00Canaccord Genuity Raises BlackBerry Ltd (BB) Price Target to $11.00
    www.americanbankingnews.com - October 17 at 7:40 PM
    New Research Confirms Cybersecurity is Top Concern in Corporate IoT DeploymentsNew Research Confirms Cybersecurity is Top Concern in Corporate IoT Deployments
    finance.yahoo.com - October 17 at 5:13 PM
    BlackBerry Ltd. :BB-US: Earnings Analysis: Q2, 2018 By the Numbers : October 17, 2017BlackBerry Ltd. :BB-US: Earnings Analysis: Q2, 2018 By the Numbers : October 17, 2017
    finance.yahoo.com - October 17 at 5:13 PM
    BlackBerry gives itself a makeover before jumping to the NYSEBlackBerry gives itself a makeover before jumping to the NYSE
    finance.yahoo.com - October 16 at 5:10 PM
    The BlackBerry Licensing ExodusThe BlackBerry Licensing Exodus
    seekingalpha.com - October 16 at 5:10 PM
    BlackBerry: Its Not A Phone Maker Any LongerBlackBerry: It's Not A Phone Maker Any Longer
    seekingalpha.com - October 2 at 4:20 PM
    H.I.G. Capital Acquires BIC Graphic Business Units From Société BICH.I.G. Capital Acquires BIC Graphic Business Units From Société BIC
    finance.yahoo.com - October 2 at 4:19 PM
    Will BlackBerrys Software Revenues Rebound In Q2?Will BlackBerry's Software Revenues Rebound In Q2?
    www.forbes.com - October 2 at 8:46 AM
    Why Now Is the Time to Take a Bite out of BlackBerry Ltd.Why Now Is the Time to Take a Bite out of BlackBerry Ltd.
    www.msn.com - October 2 at 8:46 AM

    Social Media

    Financials

    Financials are not available for this stock.

    Chart

    BlackBerry Limited (NYSE BB) Chart for Thursday, November, 23, 2017
    Loading chart…

    This page was last updated on 11/23/2017 by MarketBeat.com Staff

    Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.