BlackBerry (BB)

• Market cap: $2.56B
• 1 day: -1.95%
• 5 days: -5.18%
• 1 month: -3.12%
• 3 months: 27.53%
• 6 months: 2.28%
• Year to date: 5.50%
• 1 year: 62.50%
• 5 years: -12.01%
• 10 years: -47.87%
• Sector: Technology
• Industry: Software - Infrastructure

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 communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.

Employees: 1,820

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

29% more call options, than puts

Call options by funds: $29.9M | Put options by funds: $23.2M

20% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 64

0.68% less ownership

Funds ownership: 46.35% [Q4 2024] → 45.66% (-0.68%) [Q1 2025]

1% less capital invested

Capital invested by funds: $1.04B [Q4 2024] → $1.03B (-$12.6M) [Q1 2025]

4% less funds holding

Funds holding: 230 [Q4 2024] → 221 (-9) [Q1 2025]

16% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 32

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]

Research analyst outlook

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

• Low target: $4 1% downside
• Avg. target: $4.53 12% upside
• High target: $5 24% upside

3 analyst ratings

• positive: 0 0%
• neutral: 3 100%
• negative: 0 0%

RBC Capital Paul Treiber	1% downside $4	Sector Perform Maintained	25 Jun 2025
Canaccord Genuity Kingsley Crane	14% upside $4.60	Hold Maintained	25 Jun 2025
Baird Luke Junk	24% upside $5	Neutral Maintained	25 Jun 2025