BlackBerry - BB Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

5 Wall Street analysts have issued 12 month target prices for BlackBerry's stock. Their BB share price forecasts range from $3.75 to $7.00. On average, they expect the company's stock price to reach $5.25 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts price targets for BB or view top-rated stocks among Wall Street analysts.

BlackBerry's stock was trading at $3.26 at the beginning of the year. Since then, BB stock has increased by 40.5% and is now trading at $4.58.
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BlackBerry saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 27,990,000 shares, a drop of 8.1% from the December 31st total of 30,470,000 shares. Based on an average trading volume of 6,810,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 4.9% of the company's stock are sold short.
View BlackBerry's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 30th 2023.
View our BB earnings forecast.

BlackBerry Limited (NYSE:BB) released its quarterly earnings results on Tuesday, December, 20th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.09) by $0.03. The company earned $169 million during the quarter. BlackBerry had a negative trailing twelve-month return on equity of 5.57% and a negative net margin of 2.41%.

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 institutional and retail investors. Top institutional investors include Tobam (0.10%), National Bank of Canada FI (0.05%), Beech Hill Advisors Inc. (0.03%), Newbridge Financial Services Group Inc. (0.02%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and Capital Investment Counsel Inc (0.01%). 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.

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 $4.58.

BlackBerry (NYSE:BB) has a market capitalization of $2.66 billion and generates $690 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.

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.