BB stock icon

BlackBerry
BB

$2.26
1.3%
 

About: BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

Employees: 6,200

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 17 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

38% more call options, than puts

Call options by funds: $8.99M | Put options by funds: $6.5M

17% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 30

3% more funds holding

Funds holding: 192 [Q4 2023] → 197 (+5) [Q1 2024]

2.48% more ownership

Funds ownership: 49.09% [Q4 2023] → 51.57% (+2.48%) [Q1 2024]

13% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 61

17% less capital invested

Capital invested by funds: $1.02B [Q4 2023] → $842M (-$177M) [Q1 2024]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 3 (-1) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$3
33%
upside
Avg. target
$3.17
40%
upside
High target
$3.50
55%
upside

3 analyst ratings

positive
0%
neutral
100%
negative
0%
RBC Capital
Paul Treiber
33%upside
$3
Sector Perform
Reiterated
4 Apr 2024
Baird
Luke Junk
55%upside
$3.5
Neutral
Maintained
14 Feb 2024
RBC Capital
Paul Treiber
33%upside
$3
Sector Perform
Maintained
14 Feb 2024

Financial journalist opinion

Based on 17 articles about BB published over the past 30 days