BlackBerry Limited (NYSE:BB) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of BlackBerry Limited (NYSE:BB) have earned a consensus rating of “Hold” from the eight analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $5.10.

Several research firms have recently weighed in on BB. Zacks Research lowered shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $4.50 target price on shares of BlackBerry in a research report on Friday, December 19th. Canaccord Genuity Group restated a “hold” rating and set a $4.60 price target on shares of BlackBerry in a report on Friday, December 19th. Wall Street Zen downgraded shares of BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BlackBerry in a research note on Friday, December 26th.

BlackBerry Stock Down 3.1%

BlackBerry stock opened at $3.44 on Friday. The company’s 50-day moving average price is $3.64 and its two-hundred day moving average price is $4.06. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 114.70 and a beta of 1.67. BlackBerry has a 52 week low of $2.80 and a 52 week high of $5.32. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.26.

BlackBerry (NYSE:BB) last announced its earnings results on Thursday, December 18th. The company reported $0.05 earnings per share 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 quarter last year, the business posted $0.02 earnings per share. The company’s quarterly revenue was down 1.3% on a year-over-year basis. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. On average, analysts expect that BlackBerry will post -0.03 EPS for the current fiscal year.

Insider Buying and Selling at BlackBerry

In related news, CEO John Joseph Giamatteo sold 231,765 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $3.82, for a total transaction of $885,342.30. Following the transaction, the chief executive officer directly owned 599,251 shares of the company’s stock, valued at approximately $2,289,138.82. The trade was a 27.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Tim Foote sold 28,600 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $3.82, for a total transaction of $109,252.00. Following the completion of the transaction, the chief financial officer owned 41,626 shares in the company, valued at approximately $159,011.32. This represents a 40.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 364,881 shares of company stock valued at $1,400,034 in the last 90 days. 0.37% of the stock is currently owned by corporate insiders.

Institutional Trading of BlackBerry

A number of institutional investors have recently bought and sold shares of BB. Delos Wealth Advisors LLC bought a new stake in shares of BlackBerry in the 3rd quarter valued at approximately $34,000. CI Investments Inc. raised its position in BlackBerry by 48.4% during the third 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 in the last quarter. Portfolio Resources Advisor Group Inc. acquired a new stake in BlackBerry in the fourth quarter valued at approximately $46,000. DGS Capital Management LLC acquired a new stake in BlackBerry in the fourth quarter valued at approximately $52,000. Finally, State of Wisconsin Investment Board bought a new stake in BlackBerry in the fourth quarter worth approximately $54,000. 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.