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BlackBerry (BB)
NYSE:BB
Holding BB?
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BB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.01 - $4.44
Previous Close$2.31
Volume9.41M
Average Volume (3M)8.02M
Market Cap
$1.38B
Enterprise Value$1.39B
Total Cash (Recent Filing)$211.00M
Total Debt (Recent Filing)$233.00M
Price to Earnings (P/E)―
Beta1.85
Next Earnings
Dec 19, 2024EPS Estimate
-$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.25
Shares Outstanding590,173,164
10 Day Avg. Volume10,414,020
30 Day Avg. Volume8,019,747
Standard Deviation0.21
R-Squared0.13
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.83
Price to Sales (P/S)2.24
Price to Cash Flow (P/CF)-27.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.18
Enterprise Value/Gross Profit2.68
Enterprise Value/Ebitda-13.25
Forecast
1Y Price Target
$2.89Price Target Upside24.57% Upside
Rating ConsensusHold
Number of Analyst Covering4
BlackBerry News
PremiumCompany Announcements
BlackBerry Highlights IoT and Cybersecurity Focus at Investor DayBulls Say, Bears Say
Bulls Say
Cybersecurity BusinessBlackBerry has made significant strides towards profitability in its Cybersecurity business with substantial cost reductions and unique AI innovations.
IoT Division GrowthThe expanding royalty backlog and over 100 design wins in the IoT division position BlackBerry for sustained long-term growth.
Strategic OptimizationsThe cybersecurity division has achieved approximately $100 million in cost reductions through strategic optimizations, supporting a return to profitability by F2025.
Bears Say
Cybersecurity Strategy ConcernsThe diverging approach to Cybersecurity with strategic options now contemplated for Cylance reflects management's concerns over the cash burn rate.
Cylance Financial PerformanceCylance, on the other hand, was known to be challenged but may have surprised investors with EBITDA losses of approximately $50 million currently.
IoT Division ChallengesThere are near-term macro challenges impacting the IoT division, requiring more proof in execution before a more constructive view on shares is formed.
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Ownership Overview
8.27% Insiders
8.12% Mutual Funds
22.30% Other Institutional Investors
46.65% 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 $2.01 and its highest was $4.44 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 Dec 19, 2024 which is in 27 days.
How were BlackBerry’s earnings last quarter?
BlackBerry released its earnings results on Sep 26, 2024. The company reported $0 earnings per share for the quarter, beating the consensus estimate of -$0.027 by $0.027.
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 -$0.02.
How many shares outstanding does BlackBerry have?
BlackBerry has 590,727,970 shares outstanding.
What happened to BlackBerry’s price movement after its last earnings report?
BlackBerry reported an EPS of $0 in its last earnings report, beating expectations of -$0.027. Following the earnings report the stock price went down -0.787%.
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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Analyst Consensus
Hold
Average Price Target:
$2.89 (24.57% Upside)
$2.89 (24.57% Upside)
Blogger Sentiment
Neutral
BB Sentiment 60%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.73%
12-Months-Change
Fundamentals
Return on Equity
-17.68%
Trailing 12-Months
Asset Growth
-19.47%
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 Company Deck
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BB Earnings Call
Q2 2024
0:00 / 0:00
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BB Stock 12 Month Forecast
Average Price Target
$2.89
▲(24.57% Upside)
Technical Analysis
Best Analysts Covering BB
1 Year
1 Year Success Rate
4/13 ratings generated profit
1 Year Average Return
+0.90%
reiterated a buy rating 4 months ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 30.77% of your transactions generating a profit, with an average return of +0.90% per trade.
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