BlackBerryBB
Market Cap: 1.46B
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
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
7 Wall Street Analysts provided 1 year price forecasts over the past 6 months
7 analyst ratings
Raymond James Steven Li | 92%upside $4.75 | Market Perform Maintained | 28 Jun 2024 |
RBC Capital Paul Treiber | 21%upside $3 | Sector Perform Reiterated | 27 Jun 2024 |
Canaccord Genuity Kingsley Crane | 9%upside $2.7 | Hold Maintained | 27 Jun 2024 |
Baird Luke Junk | 21%upside $3 | Neutral Maintained | 27 Jun 2024 |
RBC Capital Paul Treiber | 21%upside $3 | Sector Perform Reiterated | 4 Apr 2024 |
Financial journalist opinion
Based on 19 articles about BB published over the past 30 days