BlackBerry Limited (NYSE:BB) Given Consensus Rating of “Hold” by Brokerages

Shares of BlackBerry Limited (NYSE:BB) have been assigned an average rating of “Hold” from the eight brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $5.10.

Several equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BlackBerry in a research note on Friday, December 26th. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a report on Friday, September 26th. TD Securities upgraded shares of BlackBerry to a “hold” rating in a research note on Monday, December 22nd. Zacks Research cut shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a report on Friday, December 19th.

BlackBerry Stock Down 0.8%

Shares of BB stock opened at $3.89 on Friday. The firm has a fifty day moving average of $4.11 and a 200-day moving average of $4.15. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.26. BlackBerry has a 12-month low of $2.80 and a 12-month high of $6.24. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 129.71 and a beta of 1.40.

BlackBerry (NYSE:BB) last posted its quarterly earnings data on Thursday, December 18th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. The business had revenue of $141.80 million for the quarter, compared to analysts’ expectations of $137.54 million. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The firm’s revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.02 EPS. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. As a group, equities research analysts predict that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insider Buying and Selling at BlackBerry

In related news, insider Philip S. Kurtz sold 11,121 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $3.89, for a total value of $43,260.69. Following the completion of the transaction, the insider directly owned 110,096 shares of the company’s stock, valued at approximately $428,273.44. This trade represents a 9.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Tim Foote sold 28,600 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $3.82, for a total transaction of $109,252.00. Following the transaction, the chief financial officer owned 41,626 shares in the company, valued at approximately $159,011.32. The trade was a 40.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 364,881 shares of company stock worth $1,400,034 over the last ninety days. 0.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BlackBerry

A number of large investors have recently added to or reduced their stakes in the business. Delos Wealth Advisors LLC bought a new position in BlackBerry during the third quarter worth $34,000. CI Investments Inc. lifted its stake in shares of BlackBerry by 48.4% during the 3rd quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock worth $41,000 after buying an additional 2,745 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of BlackBerry by 2,349.1% during the 3rd quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock worth $57,000 after buying an additional 11,205 shares during the last quarter. LeConte Wealth Management LLC bought a new stake in shares of BlackBerry during the 2nd quarter worth about $61,000. Finally, Benjamin Edwards Inc. grew its stake in BlackBerry by 31.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock valued at $67,000 after buying an additional 3,500 shares during the last quarter. Institutional investors own 54.48% of the company’s stock.

About BlackBerry

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry’s core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.

At the heart of BlackBerry’s offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.