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BlackBerry (BB)
NYSE:BB
BlackBerry (BB) Stock Price & Analysis
6,030 Followers
BB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.20 - $5.75
Previous Close$2.42
Volume5.62M
Average Volume (3M)11.80M
Market Cap
$1.47B
Enterprise Value$1.49B
Total Cash (Recent Filing)$237.00M
Total Debt (Recent Filing)$272.00M
Price to Earnings (P/E)―
Beta1.86
Next Earnings
Sep 26, 2024EPS Estimate
-$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.29
Shares Outstanding589,233,606
10 Day Avg. Volume18,013,484
30 Day Avg. Volume11,801,057
Standard Deviation0.21
R-Squared0.12
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)22.78
Price to Sales (P/S)7.83
Price to Cash Flow (P/CF)-22.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.75
Enterprise Value/Gross Profit2.87
Enterprise Value/Ebitda-31.70
Forecast
1Y Price Target
$2.90Price Target Upside18.37% Upside
Rating ConsensusHold
Number of Analyst Covering3
BlackBerry News
Bulls Say, Bears Say
Bulls Say
Cost SavingsIncremental progress on cost savings with $20 million identified in savings quarter-over-quarter, contributing to a more sustainable and profitable company.
CybersecurityCybersecurity highlights included an improved ARR for the second straight quarter, reaching $285 million, driven by higher customer renewal rates.
Financial PerformanceBlackBerry's Q1/F25 sales were nicely above expectations, reflecting upside across both IoT and Cybersecurity.
Bears Say
Contract Value BillingsCybersecurity total contract value billings were down both quarter-over-quarter and year-over-year.
Cybersecurity RevenueCybersecurity revenue of $85M decreased 9% year over year.
IoT Revenue GuidanceGiven the challenging automotive market macro backdrop and delays in timing of some customer projects, management provided F2025 IoT revenue guidance of $220M-$235M that was below our $246M estimate.
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Ownership Overview
29.75% Insiders
7.97% Mutual Funds
40.13% Other Institutional Investors
22.16% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
The estimated number of people who visited one or more of the websites owned by BlackBerry
Desktop Users
Mobile Users
BB FAQ
What was BlackBerry’s price range in the past 12 months?
BlackBerry lowest stock price was $2.20 and its highest was $5.75 in the past 12 months.
What is BlackBerry’s market cap?
Currently, no data Available
When is BlackBerry’s upcoming earnings report date?
BlackBerry’s upcoming earnings report date is Sep 26, 2024 which is in 85 days.
How were BlackBerry’s earnings last quarter?
BlackBerry released its earnings results on Jun 26, 2024. The company reported -$0.03 earnings per share for the quarter, beating the consensus estimate of -$0.048 by $0.018.
Is BlackBerry overvalued?
According to Wall Street analysts BlackBerry’s price is currently Undervalued.
Does BlackBerry pay dividends?
BlackBerry does not currently pay dividends.
What is BlackBerry’s EPS estimate?
BlackBerry’s EPS estimate is -$0.03.
How many shares outstanding does BlackBerry have?
BlackBerry has 590,173,160 shares outstanding.
What happened to BlackBerry’s price movement after its last earnings report?
BlackBerry reported an EPS of -$0.03 in its last earnings report, beating expectations of -$0.048. Following the earnings report the stock price went up 10.86%.
Which hedge fund is a major shareholder of BlackBerry?
Currently, no hedge funds are holding shares in BB
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BlackBerry Stock Smart Score
Unlock Smart Score
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$2.90 (18.37% Upside)
$2.90 (18.37% Upside)
Blogger Sentiment
Bearish
BB Sentiment 65%
Sector Average 68%
Sector Average 68%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-56.23%
12-Months-Change
Fundamentals
Return on Equity
-20.11%
Trailing 12-Months
Asset Growth
-20.97%
Trailing 12-Months
Company Description
BlackBerry
BlackBerry Ltd. engages in the provision of enterprise software and services, which focuses on securing and managing Internet of Things endpoints. It offers a platform comprised of communication and collaboration software and safety-certified embedded solutions. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.
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BB Earnings Call
Q1 2024
0:00 / 0:00
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BB Stock 12 Month Forecast
Average Price Target
$2.90
▲(18.37% Upside)
Technical Analysis
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