BlackBerry (BB) Stock Price, News & Analysis

Company Overview

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions. It also provides BlackBerry Technology Solutions (BTS); BlackBerry Certicom, a patented elliptic curve cryptography, which provides device security, anti-counterfeiting and product authentication solutions; BlackBerry Radar offers monitoring and telematics solutions; BlackBerry Professional; and cyber security consulting services. In addition, the company is involved in the patent licensing and legacy service access fees business. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.

Key Stats

• Today's Range: C$4.91 to C$5.10
• 50-Day Range: C$4.95 to C$6.70
• 52-Week Range: C$2.94 to C$8.86
• Volume: 1.86 million shs
• Average Volume: 2.41 million shs
• Market Capitalization: C$2.08 billion
• P/E Ratio: N/A
• Dividend Yield: 3.44%
• Price Target: C$4.75
• Consensus Rating: Buy

BlackBerry Stock Analysis - MarketRank™

BlackBerry scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

BlackBerry has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

BlackBerry has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of BlackBerry is -16.17, 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. Sector

The P/E ratio of BlackBerry is -16.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

BlackBerry has a PEG Ratio of 0.06. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

BlackBerry has a P/B Ratio of 4.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BB.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

BlackBerry pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

BlackBerry does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BB.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 31 people have searched for BB on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added BlackBerry to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, BlackBerry insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$140,733.00 in company stock.

Percentage Held by Insiders

Only 1.70% of the stock of BlackBerry is held by insiders.

Percentage Held by Institutions

48.44% of the stock of BlackBerry is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BB Stock Analysis - Frequently Asked Questions

How have BB shares performed this year?

BlackBerry's stock was trading at C$5.46 at the start of the year. Since then, BB shares have decreased by 8.1% and is now trading at C$5.02.

How do I buy shares of BlackBerry?

Shares of BB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of BlackBerry own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BlackBerry investors own include Meta Platforms (META), Air Canada (AC), NVIDIA (NVDA), Enbridge (ENB), Tesla (TSLA), Suncor Energy (SU) and Toronto-Dominion Bank (TD).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Software - Infrastructure
• Sub-Industry: Computer Software
• Current Symbol: TSE:BB
• CIK: N/A
• Web: ca.blackberry.com
• Phone: +1-519-8887465
• Fax: N/A
• Employees: 3,320
• Year Founded: N/A

Price Target and Rating

• Average Price Target for BlackBerry: C$4.75
• High Price Target: C$4.75
• Low Price Target: C$4.75
• Potential Upside/Downside: -5.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.31)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 90.96
• P/E Growth: 0.06
• Net Income: -C$89.92 million
• Net Margins: -21.16%
• Pretax Margin: N/A
• Return on Equity: -17.21%
• Return on Assets: -2.15%

Debt

• Debt-to-Equity Ratio: 30.90
• Current Ratio: 1.37
• Quick Ratio: 1.49

Sales & Book Value

• Annual Sales: C$424.99 million
• Price / Sales: 4.89
• Cash Flow: C$0.93 per share
• Price / Cash Flow: 5.39
• Book Value: C$1.23 per share
• Price / Book: 4.08

Miscellaneous

• Outstanding Shares: 413,964,486
• Free Float: N/A
• Market Cap: C$2.08 billion
• Optionable: Not Optionable
• Beta: 1.07