TSE:BB

BlackBerry - BB Stock Forecast, Price & News

C$6.53

+0.02 (+0.31%)

(As of 10/3/2022 12:00 AM ET)

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Today's Range: C$6.40
▼
C$6.58
50-Day Range: C$6.51
▼
C$9.00
52-Week Range: C$6.13
▼
C$15.41

Volume: 1.66 million shs
Average Volume: 2.01 million shs
Market Capitalization: C$3.77 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$8.28

BlackBerry MarketRank™ Forecast

Analyst Rating: Hold
1.75 Rating Score
Upside/Downside: 26.7% Upside
C$8.28 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -1.27
Based on 2 Articles This Week
Insider Trading: Selling Shares
C$54,559 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.62 out of 5 stars

2.9

Analyst's Opinion

Consensus Rating
BlackBerry 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/Downside
According to analysts' consensus price target of C$8.28, BlackBerry has a forecasted upside of 26.7% from its current price of C$6.53.
Amount of Analyst Coverage
BlackBerry has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for BB.

0.0

Dividend Strength

Dividend Yield
BlackBerry does not currently pay a dividend.
Dividend Growth
BlackBerry does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BB.

1.0

News and Social Media Coverage

News Sentiment
BlackBerry has a news sentiment score of -1.27. 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 0.56 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for BlackBerry this week, compared to 0 articles on an average week.
Search Interest
Only 43 people have searched for BB on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
5 people have added BlackBerry to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

0.8

Company Ownership

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$54,559.00 in company stock.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of BlackBerry is -16.37, 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 -16.37, 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 0.07. 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 2.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About BlackBerry (TSE:BB) Stock

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 BlackBerry Cyber Suite, which provides Cylance AI and machine learning-based cybersecurity solutions, including BlackBerry Protect, an EPP and available MTD solution; BlackBerry Optics, an EDR solution that provides visibility into and prevention of malicious activity; BlackBerry Guard, a managed detection and response solution; BlackBerry Gateway, an AI-empowered ZTNA solution; and BlackBerry Persona, a UEBA solution that provides authentication by validating user identity in real time. It also provides BlackBerry Spark Unified Endpoint Management Suite, such as BlackBerry UEM, a central software component of its secure communications platform; BlackBerry Dynamics that provides a development platform and secure container for mobile applications; BlackBerry AtHoc and BlackBerry Alert secure and networked critical event management solutions; and SecuSUITE for Government, a multi-OS voice and text messaging solution, as well as BBM Enterprise, an enterprise-grade secure instant messaging solution. In addition, the company offers BlackBerry QNX, which provides Neutrino operating system and BlackBerry QNX CAR platform, and other products; BlackBerry QNX, an embedded system solution; BlackBerry Jarvis, a cloud-based binary static application security testing platform; BlackBerry Certicom cryptography and management products, and BlackBerry Radar asset monitoring solution; and BlackBerry IVY, an intelligent vehicle data platform, as well as enterprise and cybersecurity consulting services. Further, it is involved in the patent licensing and legacy service access fees business. As of February 28, 2022, it owned approximately 38,000 worldwide patents and applications. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.

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BB Stock News Headlines

September 29, 2022 | americanbankingnews.com

BlackBerry Limited (TSE:BB) Senior Officer Sai Yuen (Billy) Ho Sells 8,242 Shares

September 13, 2022 | finance.yahoo.com

Better Cybersecurity Stock: BlackBerry vs. CrowdStrike

September 8, 2022 | msn.com

IFC Films Buys ‘BlackBerry’ Movie, About World’s First Smartphone (EXCLUSIVE)

August 24, 2022 | msn.com

A BlackBerry movie is happening, charting the rise and fall of the phone manufacturer

August 24, 2022 | msn.com

Remember Your Beloved BlackBerry? It's Now Getting Its Own Movie

April 7, 2022 | finance.yahoo.com

BlackBerry settles lawsuit over BlackBerry 10

April 6, 2022 | reuters.com

BlackBerry plans to settle lawsuit over BlackBerry 10, avoid U.S. trial - Reuters.com

March 25, 2022 | globenewswire.com

Worldwide Ultra-Secure Smartphones Industry to 2030 - Featuring Apple, Blackberry and Silent Circle Among Others - GlobeNewswire

March 25, 2022 | benzinga.com

Worldwide Ultra-Secure Smartphones Industry to 2030 - Featuring Apple, Blackberry and Silent Circle Among - Benzinga

January 8, 2022 | nytimes.com

BlackBerry Phone Service Officially Ends - The New York Times

January 4, 2022 | finance.yahoo.com

BlackBerry pulls life support for once-indispensable business smartphone

January 2, 2022 | nbcnews.com

Classic Blackberry devices to stop working normally on Jan. 4 - NBC News

September 17, 2021 | nasdaq.com

BlackBerry (BB) Curbs Cyber Threats With Encoded Group Phone Calls - Nasdaq

June 25, 2021 | finance.yahoo.com

BlackBerry Rode the Meme-Stock Rally. Analyst Says It Has Gone Too Far.

June 24, 2021 | marketwatch.com

BlackBerry pleases its meme followers with first-quarter earnings beat - MarketWatch

June 22, 2021 | finance.yahoo.com

Buy or Sell Blackberry Stock Ahead of Earnings? Analyst Weighs In

June 18, 2021 | finance.yahoo.com

BlackBerry's (BB) Rally Extends Beyond Meme Stock Frenzy: Here's Why

June 2, 2021 | finance.yahoo.com

BlackBerry, Amazon, Elon Musk, Splunk - 5 Things You Must Know Wednesday

March 26, 2021 | msn.com

Seattle hoops legend Jamal Crawford defends his use of BlackBerry phone: ‘It’s the keyboard’

March 12, 2021 | finance.yahoo.com

Why BlackBerry Stock Popped Today

March 1, 2021 | ca.finance.yahoo.com

BlackBerry (TSX:BB) Stock: Could it Go to the Moon Again?

February 28, 2021 | finance.yahoo.com

BlackBerry Reports Rise In Cybercrime Since Onset Of COVID-19 Pandemic - Yahoo Finance

February 28, 2021 | finance.yahoo.com

BlackBerry Reports Rise In Cybercrime Since Onset Of COVID-19 Pandemic

February 24, 2021 | finance.yahoo.com

BlackBerry 2021 Annual Threat Report Uncovers Breadth of COVID-19 Exploitation

February 18, 2021 | finance.yahoo.com

Business is Hardly Booming for Blackberry; Analyst Says ‘Sell’

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BB Company Calendar

Today: 10/03/2022
Next Earnings (Estimated): 12/20/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: TSE:BB
CUSIP: N/A
CIK: N/A
Web: ca.blackberry.com
Phone: +1-519-8887465
Fax: N/A
Employees: 3,497
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$8.28
High Stock Price Forecast: C$9.60
Low Stock Price Forecast: C$6.50
Forecasted Upside/Downside: +26.7%
Consensus Rating: Hold
Rating Score (0-4): 1.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: 0.07
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 39.70
Current Ratio: 1.82
Quick Ratio: 1.49

Sales & Book Value

Annual Sales: C$705 million
Price / Sales: 5.35
Cash Flow: C$1.12 per share
Price / Cash Flow: 5.84
Book Value: C$2.30 per share
Price / Book: 2.84

Miscellaneous

Outstanding Shares: 577,417,000
Free Float: N/A
Market Cap: C$3.77 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. John S. Chen (Age 66)
Exec. Chairman & CEO
Comp: $3.02M

Mr. Steve Rai
Chief Financial Officer

Mr. Sai Yuen Ho (Age 65)
EVP & Corp. Officer of Product Engineering of Spark Group Products & Value Added Solutions
Comp: $707.27k

Mr. Mattias Eriksson
Pres of IoT Bus. Unit

Mr. John Joseph Giamatteo (Age 55)
Pres & Acting GM of BlackBerry Cyber Security Bus. Unit
Comp: $453.6k

Mr. Charles Eagan
Chief Technology Officer

Mr. Jesse Harold
Acting Chief Information Officer

Mr. Tim Foote
Investor Relations

Mr. Philip Kurtz CFA
Chief Legal Officer & Corp. Sec.

Mr. Mark Wilson
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View 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 twelve months. 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 2022?: 4 equities research analysts have issued twelve-month price objectives for BlackBerry's stock. Their BB share price forecasts range from C$6.50 to C$9.60. On average, they predict the company's share price to reach C$8.28 in the next year. This suggests a possible upside of 27.7% 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 2022?: BlackBerry's stock was trading at C$11.82 on January 1st, 2022. Since then, BB shares have decreased by 45.2% and is now trading at C$6.48.
View the best growth stocks for 2022 here.
When is BlackBerry's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 20th 2022.
View our BB earnings forecast.

What other stocks do shareholders of BlackBerry own?: Based on aggregate information from My MarketBeat watchlists, some companies that other BlackBerry investors own include Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Suncor Energy (SU), Air Canada (AC), Bombardier, Inc. Class B (BBD.B), Aurora Cannabis (ACB), Canadian Natural Resources (CNQ), BCE (BCE) and Manulife Financial (MFC).
What is BlackBerry's stock symbol?: BlackBerry trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BB."
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.
Compare Top Brokerages Here.
What is BlackBerry's stock price today?: One share of BB stock can currently be purchased for approximately C$6.48.
How much money does BlackBerry make?: BlackBerry (TSE:BB) has a market capitalization of C$3.74 billion and generates C$705 million in revenue each year.
How many employees does BlackBerry have?: The company employs 3,497 workers across the globe.
How can I contact BlackBerry?: BlackBerry's mailing address is 2200 University Ave E, WATERLOO, ON N2K 0A7, Canada. The official website for the company is ca.blackberry.com. The company can be reached via phone at +1-519-8887465.

This page (TSE:BB) was last updated on 10/3/2022 by MarketBeat.com Staff

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BlackBerry - BB Stock Forecast, Price & News

BlackBerry MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About BlackBerry (TSE:BB) Stock

BB Stock News Headlines

BB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

BB Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™