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BlackBerry (TSE:BB)
TSX:BB
BlackBerry (BB) Stock Price & Analysis
821 Followers
BB Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$3.35 - C$7.82
Previous CloseC$3.87
Volume855.74K
Average Volume (3M)2.01M
Market Cap
C$2.28B
Enterprise ValueC$2.31B
Total Cash (Recent Filing)$237.00M
Total Debt (Recent Filing)$272.00M
Price to Earnings (P/E)-12.1
Beta1.84
Next Earnings
Jun 26, 2024EPS Estimate
-C$0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.32
Shares Outstanding589,233,606
10 Day Avg. Volume1,462,537
30 Day Avg. Volume2,011,055
Standard Deviation0.21
R-Squared0.06
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)22.76
Price to Sales (P/S)13.18
Price to Cash Flow (P/CF)-28.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.71
Enterprise Value/Gross Profit4.44
Enterprise Value/Ebitda-49.13
Forecast
1Y Price Target
C$4.09Price Target Upside5.70% Upside
Rating ConsensusHold
Number of Analyst Covering4
BlackBerry News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEPS was above expectations, mainly reflecting higher revenue and lower-than-expected operating expenses.
GrowthQNX was found on more than 235 million vehicles worldwide, marking an increase from the previous year.
Strategic DevelopmentsWith new CEO John Giamatteo focused on reducing costs and executing on the plan to separate the IoT and Cybersecurity businesses into standalone business units, the company remains open to selling off assets to potentially unlock shareholder value.
Bears Say
Financial PerformanceCybersecurity total contract value billings were down both quarter-over-quarter and year-over-year.
Market 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 the analyst's $246M estimate.
Revenue TrendsSequential declines seen for both IoT and Cybersecurity revenue in the short term.
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Ownership Overview
29.78% Insiders
7.77% Mutual Funds
22.64% Other Institutional Investors
39.81% Public Companies and
Individual Investors
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 C$3.35 and its highest was C$7.82 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 Jun 26, 2024 which is in 58 days.
How were BlackBerry’s earnings last quarter?
BlackBerry released its earnings results on Apr 03, 2024. The company reported C$0.04 earnings per share for the quarter, beating the consensus estimate of -C$0.052 by C$0.092.
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 -C$0.05.
How many shares outstanding does BlackBerry have?
BlackBerry has 589,233,600 shares outstanding.
What happened to BlackBerry’s price movement after its last earnings report?
BlackBerry reported an EPS of C$0.04 in its last earnings report, beating expectations of -C$0.052. Following the earnings report the stock price went up 2.887%.
Which hedge fund is a major shareholder of BlackBerry?
Currently, no hedge funds are holding shares in TSE:BB
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BlackBerry Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
C$4.09 (5.70% Upside)
C$4.09 (5.70% Upside)
Blogger Sentiment
Bearish
TSE:BB Sentiment 69%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth $97.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 3.1%
Last 30 Days ▲ 3.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.71%
12-Months-Change
Fundamentals
Return on Equity
-15.92%
Trailing 12-Months
Asset Growth
-16.91%
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
Q4 2024
0:00 / 0:00
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BB Stock 12 Months Forecast
Average Price Target
C$4.09
▲(5.70% Upside)
Technical Analysis
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