TSE:BBBlackBerry Stock Price, Forecast & News

C$7.38

+0.31 (+4.38 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

C$7.13

Now: C$7.38▼

C$7.46

50-Day Range

C$5.24

MA: C$6.16▼

C$7.24

52-Week Range

C$3.94

Now: C$7.38▼

C$11.98

Volume2.96 million shs

Average Volume2.34 million shs

Market CapitalizationC$4.10 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

BlackBerry Limited operates as an enterprise software and services company focused on securing and managing endpoints in the Internet of Things. It offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a secure and networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting; and BBM Enterprise, an enterprise-grade secure instant messaging solution, as well as Communications Platform as a Service. The company also provides BlackBerry QNX, a software for automotive electronics; BlackBerry Jarvis, a cloud-based static binary code-scanning solution; Certicom that offers software components and end-to-end security solutions targeted at bandwidth and resource-constrained applications; Paratek, which offers adaptive radio frequency antenna tuning technology; BlackBerry Radar, an asset tracking and telematics product. In addition, it offers intellectual property and licensing; mobility licensing; other licensing programs; and develops legacy BlackBerry 10 platform, and delivers BlackBerry productivity applications to Android smartphone. Further, the company engages in the development and licensing of secure device software and the outsourcing to partners of design, manufacturing, sales, and customer support for BlackBerry-branded handsets; and provision of Android smartphones, smartphone accessories, and non-warranty repair services. Additionally, it is involved in the operations related to subscribers using mobile devices with its legacy BlackBerry 7 and prior operating systems. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
BlackBerry has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$8.37, BlackBerry has a potential upside of 13.4% from its current price of C$7.38.
Amount of Analyst Coverage
BlackBerry has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
BlackBerry has received 455 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
BlackBerry has received 745 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
BlackBerry has received 62.08% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about BlackBerry and other stocks. Vote “Outperform” if you believe BB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BB will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BlackBerry insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$45,800.00 in company stock and sold C$0.00 in company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings for BlackBerry are expected to decrease by -100.00% in the coming year, from C$0.17 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BlackBerry is -23.28, 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 -23.28, 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
Due to a projected decrease in earnings for BlackBerry, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
BlackBerry has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.45 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Communication Equipment

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolTSE:BB

Previous Symbol

CUSIPN/A

CIKN/A

Webca.blackberry.com

Phone+1-519-8887465

Debt

Debt-to-Equity Ratio29.97

Current Ratio1.07

Quick Ratio1.02

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio43.41

P/E Growth-2.55

Sales & Book Value

Annual SalesC$1.04 billion

Price / Sales3.94

Cash FlowC$1.91 per share

Price / Cash Flow3.87

Book ValueC$4.56 per share

Price / Book1.62

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees3,288

Outstanding Shares555,519,000

Market CapC$4.10 billion

Next Earnings Date6/24/2020 (Estimated)

OptionableOptionable

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BlackBerry (TSE:BB) Frequently Asked Questions

How has BlackBerry's stock been impacted by COVID-19 (Coronavirus)?

BlackBerry's stock was trading at C$5.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BB shares have increased by 28.8% and is now trading at C$7.38. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of BlackBerry?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for BlackBerry.

When is BlackBerry's next earnings date?

BlackBerry is scheduled to release its next quarterly earnings announcement on Wednesday, June 24th 2020. View our earnings forecast for BlackBerry.

How were BlackBerry's earnings last quarter?

BlackBerry Ltd (TSE:BB) issued its quarterly earnings data on Tuesday, March, 31st. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.07. The business earned $383.31 million during the quarter. View BlackBerry's earnings history.

What price target have analysts set for BB?

3 analysts have issued 12-month price objectives for BlackBerry's shares. Their forecasts range from C$7.60 to C$9.50. On average, they expect BlackBerry's stock price to reach C$8.37 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price. View analysts' price targets for BlackBerry.

Has BlackBerry been receiving favorable news coverage?

Media coverage about BB stock has been trending very negative this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BlackBerry earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutBlackBerry.

Who are some of BlackBerry's key competitors?

Some companies that are related to BlackBerry include Megaport (MP1), Mitel Networks (MNW), Vocus Group (VOC), Maxar Technologies (MAXR), Evertz Technologies (ET), Sierra Wireless (SW), BATM Advanced Communications (BVC), Vitec Group (VTC), ADVA Optical Networking (ADV), Vecima Networks (VCM), Quarterhill (QTRH), Blackline Safety (BLN), Cardinal Resources (CDV), Exfo (EXF) and Telit Communications (TCM). View all competitors.

What other stocks do shareholders of BlackBerry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackBerry investors own include Toronto-Dominion Bank (TD), Aurora Cannabis (ACB), Bombardier, Inc. Class B (BBD.B), Suncor Energy (SU), Air Canada (AC), Enbridge (ENB), Bank of Nova Scotia (BNS), BCE (BCE), Canopy Growth (WEED) and Manulife Financial (MFC).

Who are BlackBerry's key executives?

BlackBerry's management team includes the following people:

Mr. John S. Chen, Exec. Chairman & CEO (Age 63)
Mr. Steven M. Capelli, Chief Financial Officer (Age 61)
Mr. Bryan Palma, Pres & COO
Mr. Carl J. Wiese, Pres of Global Sales
Mr. Charles Eagan, Chief Technology Officer

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 and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is BlackBerry's stock price today?

One share of BB stock can currently be purchased for approximately C$7.38.

How big of a company is BlackBerry?

BlackBerry has a market capitalization of C$4.10 billion and generates C$1.04 billion in revenue each year. BlackBerry employs 3,288 workers across the globe.

What is BlackBerry's official website?

The official website for BlackBerry is ca.blackberry.com.

How can I contact BlackBerry?

BlackBerry's mailing address is 2200 University Ave E, WATERLOO, ON N2K 0A7, Canada. The company can be reached via phone at +1-519-8887465.

This page was last updated on 6/5/2020 by MarketBeat.com Staff