BlackBerry (NYSE:BB) Stock Rating Lowered by Wall Street Zen

BlackBerry (NYSE:BB) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts have also issued reports about the stock. Zacks Research lowered shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. TD Securities upgraded shares of BlackBerry to a “hold” rating in a research note on Monday, December 22nd. Canaccord Genuity Group reissued a “hold” rating and set a $4.60 price objective on shares of BlackBerry in a report on Friday, December 19th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BlackBerry in a report on Friday, December 26th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $4.50 price target on shares of BlackBerry in a research report on Friday, December 19th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $5.10.

BlackBerry Stock Performance

NYSE BB opened at $3.46 on Friday. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.26. The business’s 50 day moving average is $3.86 and its two-hundred day moving average is $4.09. BlackBerry has a 12-month low of $2.80 and a 12-month high of $6.24. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 115.21 and a beta of 1.63.

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

Insider Buying and Selling at BlackBerry

In other BlackBerry news, insider Philip S. Kurtz sold 11,121 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $3.89, for a total value of $43,260.69. Following the transaction, the insider directly owned 110,096 shares in the company, valued at approximately $428,273.44. This represents a 9.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Tim Foote sold 28,600 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $3.82, for a total transaction of $109,252.00. Following the sale, the chief financial officer directly owned 41,626 shares in the company, valued at $159,011.32. This represents a 40.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 364,881 shares of company stock worth $1,400,034. 0.37% of the stock is owned by insiders.

Hedge Funds Weigh In On BlackBerry

Institutional investors have recently modified their holdings of the company. Delos Wealth Advisors LLC purchased a new position in BlackBerry during the third quarter worth about $34,000. CI Investments Inc. increased 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 valued at $41,000 after acquiring an additional 2,745 shares during the last quarter. Pallas Capital Advisors LLC acquired a new position in shares of BlackBerry during the 4th quarter valued at about $57,000. NewEdge Advisors LLC lifted its holdings 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 acquiring an additional 11,205 shares during the period. Finally, Themes Management Co LLC acquired a new stake in shares of BlackBerry in the fourth quarter worth approximately $60,000. Institutional investors and hedge funds own 54.48% of the company’s stock.

BlackBerry Company Profile

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.