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The latest update is out from BlackBerry ( (TSE:BB) ).
On May 8, 2025, BlackBerry Limited announced that the Toronto Stock Exchange accepted its proposal to initiate a normal course issuer bid to repurchase up to 27,855,153 common shares, approximately 4.7% of its outstanding public float, starting May 12, 2025. This move is part of BlackBerry’s strategy to strengthen its balance sheet and provide flexibility in capital allocation, potentially enhancing shareholder value by offsetting dilution from equity incentives and investing excess cash for risk-adjusted returns.
Spark’s Take on TSE:BB Stock
According to Spark, TipRanks’ AI Analyst, TSE:BB is a Neutral.
BlackBerry’s overall stock score reflects significant financial and technical challenges. Revenue declines and negative net income weigh heavily on the score, while positive cash flow and strategic transactions offer some relief. Technical indicators show bearish momentum, and valuation concerns persist due to negative earnings. The optimistic earnings call highlights potential for improvement, but existing sector challenges remain a risk. The score indicates a cautious outlook for BlackBerry’s stock.
To see Spark’s full report on TSE:BB stock, click here.
More about BlackBerry
BlackBerry Limited, based in Waterloo, Ontario, provides intelligent software and services to enterprises and governments, focusing on secure communications and operational resiliency. The company offers a comprehensive portfolio for mobile fortification, mission-critical communications, and critical events management, enabling major automakers and industrial giants to drive new revenue streams and launch innovative business models.
Average Trading Volume: 2,461,745
Technical Sentiment Signal: Sell
Current Market Cap: C$2.96B
Find detailed analytics on BB stock on TipRanks’ Stock Analysis page.