NYSE:BB BlackBerry - BB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BlackBerry Limited Please log in to your account or sign up in order to add this asset to your watchlist. $4.00 +0.02 (+0.50%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$3.96▼$4.0750-Day Range$3.50▼$4.1552-Week Range$3.17▼$7.97Volume7.92 million shsAverage Volume6.45 million shsMarket Capitalization$2.33 billionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media BlackBerry MarketRank™ ForecastAnalyst RatingHold1.75 Rating ScoreUpside/Downside25.0% Upside$5.00 Price TargetShort InterestHealthy3.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.35Based on 4 Articles This WeekInsider TradingSelling Shares$68,017 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.25) to ($0.20) Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector533rd out of 616 stocksPrepackaged Software Industry183rd out of 213 stocks 1.9 Analyst's Opinion Consensus RatingBlackBerry has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, BlackBerry has a forecasted upside of 25.0% from its current price of $4.00.Amount of Analyst CoverageBlackBerry has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.65% of the float of BlackBerry has been sold short.Short Interest Ratio / Days to CoverBlackBerry has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BlackBerry has recently decreased by 15.53%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldBlackBerry does not currently pay a dividend.Dividend GrowthBlackBerry does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BB. Previous Next 1.5 News and Social Media Coverage News SentimentBlackBerry has a news sentiment score of -0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for BlackBerry this week, compared to 3 articles on an average week.Search Interest46 people have searched for BB on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added BlackBerry to their MarketBeat watchlist in the last 30 days. This is a decrease of -23% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BlackBerry insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $68,017.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of BlackBerry is held by insiders.Percentage Held by Institutions42.43% of the stock of BlackBerry is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for BlackBerry are expected to grow in the coming year, from ($0.25) to ($0.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BlackBerry is -7.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of BlackBerry is -7.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBlackBerry has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BlackBerry (NYSE:BB) StockBlackBerry Ltd. engages in providing intelligent security software and services to enterprises and governments. The firm leverages artificial intelligence and machine learning to deliver solutions in the areas of cyber security, safety, and data privacy solutions, and also focuses on the areas of endpoint security, endpoint management, encryption, and embedded systems. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.Read More Receive BB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BlackBerry and its competitors with MarketBeat's FREE daily newsletter. Email Address BB Stock News HeadlinesMarch 29, 2023 | americanbankingnews.comBlackBerry (BB) Scheduled to Post Earnings on ThursdayMarch 24, 2023 | americanbankingnews.comRoyal Bank of Canada Trims BlackBerry (NYSE:BB) Target Price to $4.25March 30, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 21, 2023 | finance.yahoo.comBlackBerry signs up to $900 mln patent deal after sale to Catapult collapsesMarch 19, 2023 | finance.yahoo.comInvestors in BlackBerry (TSE:BB) have unfortunately lost 68% over the last five yearsMarch 17, 2023 | msn.com‘BlackBerry’ Trailer Shows Jay Baruchel and Glenn Howerton Out of Their Depths Amid Smartphone WarMarch 17, 2023 | msn.comBlackberry looks like The Social Network if it was funny in first trailerMarch 17, 2023 | investopedia.comBlackBerry: A Story Of Constant Success & FailureMarch 30, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 17, 2023 | businessinsider.comThe trailer for the new 'BlackBerry' movie is here and former 'CrackBerry' fans are shocked at how entertaining it looksMarch 16, 2023 | benzinga.comApple May Have Killed BlackBerry, But It's Rising Again...In Movie Theaters This MayMarch 15, 2023 | msn.comBlackBerry (BB) Stock Moves -0.54%: What You Should KnowMarch 13, 2023 | msn.comWhat’s Next for BlackBerry Stock After Weak Preliminary Results?March 13, 2023 | stocknews.com2 Tech Stocks to Buy Without Hesitation and 1 to SellMarch 12, 2023 | msn.comWill BlackBerry Stock Break Above $10 in 2023?March 10, 2023 | finance.yahoo.comBlackBerry (BB) Gains As Market Dips: What You Should KnowMarch 8, 2023 | 247wallst.comUnusual Call Option Trade in BlackBerry Worth $35.96KMarch 8, 2023 | baystreet.caBlackBerry’s Stock Falls 12% On Lowered GuidanceMarch 8, 2023 | finance.yahoo.comBlackBerry (BB) Reports Q4 Preliminary Results, Stock DownMarch 8, 2023 | barrons.comBlackBerry Stock Dives as Revenue Forecast DisappointsMarch 8, 2023 | msn.comBlackBerry Drops on Preliminary Q4 NumbersMarch 7, 2023 | msn.comHot Stocks: BB, THO drop on earnings news; SQSP rallies; PTGX surges on clinical dataMarch 7, 2023 | finance.yahoo.comBlackBerry stock suffering biggest selloff in 2 years after revenue guidance was below expectationsMarch 7, 2023 | ca.finance.yahoo.comBlackBerry says cybersecurity revenue will be lower than expectedMarch 7, 2023 | msn.comBlackBerry Shares Are Getting Squashed Today: What's Going On?March 7, 2023 | msn.comBlackBerry shares down on guiding Q4 and FY revenue below consensusMarch 7, 2023 | finance.yahoo.comBlackBerry Reports Preliminary Fourth Quarter and Full Fiscal Year 2023 ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BlackBerry and its competitors with MarketBeat's FREE daily newsletter. Email Address BB Company Calendar Last Earnings3/31/2022Today3/30/2023Next Earnings (Confirmed)3/30/2023Fiscal Year End2/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryWireless Telecommunication Services SectorComputer and Technology Current SymbolNYSE:BB Previous SymbolNASDAQ:RIMM CUSIPN/A CIK1070235 Webwww.blackberry.com Phone(519) 888-7465Fax519-888-6906Employees3,325Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$3.75 Forecasted Upside/Downside+25.0%Consensus RatingHold Rating Score (0-4)1.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.56) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$12 million Net Margins-13.77% Pretax Margin-11.88% Return on Equity-7.84% Return on Assets-4.58% Debt Debt-to-Equity RatioN/A Current Ratio1.00 Quick Ratio1.00 Sales & Book Value Annual Sales$718 million Price / Sales3.24 Cash Flow$0.16 per share Price / Cash Flow24.77 Book Value$2.70 per share Price / Book1.48Miscellaneous Outstanding Shares582,160,000Free Float572,842,000Market Cap$2.33 billion OptionableOptionable Beta1.58 Key ExecutivesJohn S. ChenExecutive Chairman & Chief Executive OfficerSteve RaiChief Financial OfficerChristopher HummelChief Information OfficerCharles EaganChief Technology OfficerNeelam SandhuChief Elite Customer Success Officer & Senior VPKey CompetitorsProgress SoftwareNASDAQ:PRGSRapid7NASDAQ:RPDCommvault SystemsNASDAQ:CVLTnCinoNASDAQ:NCNOSmead Value FundNASDAQ:SVFCXView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 16,820,610 shares on 2/28/2023Ownership: 0.853%Parallax Volatility Advisers L.P.Sold 750,000 shares on 2/27/2023Ownership: 0.000%Kovack Advisors Inc.Bought 133,300 shares on 2/22/2023Ownership: 0.046%Truist Financial CorpSold 17,567 shares on 2/17/2023Ownership: 0.005%Alliancebernstein L.P.Bought 35,079 shares on 2/16/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions BB Stock - Frequently Asked Questions Should I buy or sell BlackBerry stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 1 sell rating and 3 hold ratings 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. View BB analyst ratings or view top-rated stocks. What is BlackBerry's stock price forecast for 2023? 4 brokerages have issued 1 year target prices for BlackBerry's shares. Their BB share price forecasts range from $3.75 to $7.00. On average, they anticipate the company's stock price to reach $5.00 in the next year. This suggests a possible upside of 25.0% 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 22.7% and is now trading at $4.00. View the best growth stocks for 2023 here. Are investors shorting BlackBerry? BlackBerry saw a decline in short interest in March. As of March 15th, there was short interest totaling 20,880,000 shares, a decline of 15.5% from the February 28th total of 24,720,000 shares. Based on an average daily volume of 6,990,000 shares, the short-interest ratio is currently 3.0 days. Currently, 3.7% of the shares of the stock are short sold. View BlackBerry's Short Interest. When is BlackBerry's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 30th 2023. View our BB earnings forecast. How can I listen to BlackBerry's earnings call? BlackBerry will be holding an earnings conference call on Thursday, March 30th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-669-9658 with passcode "2114563". How were BlackBerry's earnings last quarter? BlackBerry Limited (NYSE:BB) announced its quarterly earnings results on Thursday, March, 31st. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.06. The company earned $185 million during the quarter, compared to analysts' expectations of $186.04 million. BlackBerry had a negative trailing twelve-month return on equity of 7.84% and a negative net margin of 13.77%. The company's revenue was down 11.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.02 earnings per share. What ETFs hold BlackBerry's stock? ETFs with the largest weight of BlackBerry (NYSE:BB) stock in their portfolio include Global X Cybersecurity ETF (BUG), iShares Cybersecurity and Tech ETF (IHAK) and Global X Autonomous & Electric Vehicles ETF (DRIV).Dimensional International Small Cap ETF (DFIS) and What guidance has BlackBerry issued on next quarter's earnings? BlackBerry issued an update on its fourth quarter 2023 earnings guidance on Tuesday, March, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $151.00 million-$151.00 million, compared to the consensus revenue estimate of $168.45 million. 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). 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 number of institutional and retail investors. Top institutional shareholders include Legal & General Group Plc (3.62%), Norges Bank (2.03%), Mirae Asset Global Investments Co. Ltd. (1.90%), Connor Clark & Lunn Investment Management Ltd. (0.90%), Voya Investment Management LLC (0.85%) and Morgan Stanley (0.59%). 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. 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. What is BlackBerry's stock price today? One share of BB stock can currently be purchased for approximately $4.00. How much money does BlackBerry make? BlackBerry (NYSE:BB) has a market capitalization of $2.33 billion and generates $718 million in revenue each year. The company earns $12 million in net income (profit) each year or ($0.56) on an earnings per share basis. How many employees does BlackBerry have? The company employs 3,325 workers across the globe. How can I contact BlackBerry? 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. This page (NYSE:BB) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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