BlackBerry (BB) Stock Price, News & Analysis

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last twelve months. There are currently 6 hold ratings 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.

6 equities research analysts have issued 12 month price targets for BlackBerry's shares. Their BB share price targets range from $3.00 to $6.50. On average, they predict the company's stock price to reach $4.08 in the next year. This suggests a possible upside of 45.8% 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 $3.54 at the start of the year. Since then, BB shares have decreased by 20.9% and is now trading at $2.80.
View the best growth stocks for 2024 here.

BlackBerry saw a decrease in short interest in April. As of April 15th, there was short interest totaling 44,210,000 shares, a decrease of 7.6% from the March 31st total of 47,870,000 shares. Based on an average daily volume of 10,270,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 7.6% of the shares of the company are sold short.
View BlackBerry's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024.
View our BB earnings forecast.

BlackBerry will be holding an earnings conference call on Wednesday, June 26th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "8962207".

BlackBerry Limited (NYSE:BB) issued its quarterly earnings results on Wednesday, April, 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.06. The company earned $173 million during the quarter, compared to analyst estimates of $150.47 million. BlackBerry had a negative trailing twelve-month return on equity of 0.24% and a negative net margin of 15.24%. The business's quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.04) EPS.

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), First Trust Nasdaq Cybersecurity ETF (CIBR), First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), SPDR Kensho Future Security ETF (FITE) and Xtrackers Cybersecurity Select Equity ETF (PSWD).Global X Internet of Things Thematic ETF (SNSR).

BlackBerry updated its FY25 earnings guidance on Wednesday, April, 3rd. The company provided EPS guidance of $(0.07)-$(0.03) for the period, compared to the consensus EPS estimate of ($0.06). The company issued revenue guidance of $586-616 million, compared to the consensus revenue estimate of $627.42 million.

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's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Kovack Advisors Inc. (0.06%), Maryland State Retirement & Pension System (0.06%), Beech Hill Advisors Inc. (0.02%), IMC Chicago LLC (0.00%) and International Assets Investment Management LLC (0.00%). Insiders that own company stock include Billy Ho, John Joseph Giamatteo, John S Chen, Marjorie Dickman, Mark George Wilson, Mattias Eriksson, Nita C White-Ivy, Philip G Brace, Philip S Kurtz, Steve Rai 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.