BlackBerry
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
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
96% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 27
54% more capital invested
Capital invested by funds: $674M [Q3] → $1.04B (+$364M) [Q4]
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
45% more call options, than puts
Call options by funds: $39M | Put options by funds: $26.9M
24% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 54
11% more funds holding
Funds holding: 206 [Q3] → 229 (+23) [Q4]
2.85% more ownership
Funds ownership: 43.61% [Q3] → 46.46% (+2.85%) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.75
3%
downside
Avg. target
$4.69
21%
upside
High target
$6
55%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
CIBC Todd Coupland 100% 1-year accuracy 2 / 2 met price target | 55%upside $6 | Outperformer Maintained | 3 Apr 2025 |
RBC Capital Paul Treiber 48% 1-year accuracy 10 / 21 met price target | 3%downside $3.75 | Sector Perform Maintained | 3 Apr 2025 |
Canaccord Genuity Michael Walkley 60% 1-year accuracy 6 / 10 met price target | 10%upside $4.25 | Hold Maintained | 3 Apr 2025 |
Canaccord Genuity Kingsley Crane 50% 1-year accuracy 16 / 32 met price target | 22%upside $4.75 | Hold Maintained | 11 Mar 2025 |
Financial journalist opinion
Based on 12 articles about BB published over the past 30 days
Positive
Zacks Investment Research
14 hours ago
BlackBerry Surges 21% in a Month: Is the Stock Still a Buy?
BB's pivot toward its QNX business, improving financials and ongoing cost-cutting measures position it for long-term growth.
Neutral
Zacks Investment Research
1 day ago
BlackBerry (BB) Exceeds Market Returns: Some Facts to Consider
BlackBerry (BB) concluded the recent trading session at $3.92, signifying a +1.03% move from its prior day's close.
Positive
Seeking Alpha
2 days ago
BlackBerry: QNX Execution Balances Reset - Neutral For Now
We initiate coverage on BlackBerry (BB) with a Neutral rating and $4 price target, citing balanced risk/reward amid Secure Communications reset and QNX-led growth potential. FY26E revenue projected at $524M (-2.04% YoY) and FY27E at $569M (+8.59% YoY), with QNX's $865M royalty backlog driving future growth. Near-term revenue reset and volatility present valuation overhang, but QNX's design win momentum offers durable growth visibility.
Negative
Zacks Investment Research
5 days ago
Are Computer and Technology Stocks Lagging BlackBerry (BB) This Year?
Here is how BlackBerry (BB) and Allient (ALNT) have performed compared to their sector so far this year.
Neutral
Accesswire
6 days ago
BlackBerry to Participate in Upcoming Investor Event
BlackBerry Executive to speak at upcoming CIBC conference WATERLOO, ON / ACCESS Newswire / May 8, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced its participation at the following investor conference: CIBC Technology & Innovation Conference 13.0- Thursday, May 22, 2025, at 8:00am ET John Wall, Chief Operating Officer QNX, Head of Product, Engineering & Services, will join CIBC for a fireside chat. Register here for the live stream.
Neutral
Accesswire
6 days ago
BlackBerry Announces Normal Course Issuer Bid Share Buy Back Program
WATERLOO, ON / ACCESS Newswire / May 8, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced that it has received acceptance from the Toronto Stock Exchange (the "TSX") for a normal course issuer bid ("NCIB") share buy back program. The program allows for the repurchase of up to 27,855,153 of its common shares, representing approximately 4.7% of the outstanding public float as of the close of business on May 5, 2025.
Neutral
Accesswire
1 week ago
Malaysia Cybersecurity Center of Excellence Marks First Anniversary with New Partnerships, Scholarships and Expanded Programs
BlackBerry expands CCOE Curriculum with free cybersecurity training for women, students, government and low-access communities, fostering a more inclusive and skilled cyber workforce CYBERJAYA, MALAYSIA / ACCESS Newswire / May 8, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced several new initiatives in support of the Government of Malaysia's efforts to upskill and grow local talent and foster diversity in the nation's fast growing cybersecurity sector. To mark the 12-month anniversary of the Malaysia Cybersecurity Center of Excellence (CCoE), BlackBerry is providing scholarships for cybersecurity training to numerous women cyber-defenders, people with limited access to education and qualifications, as well as university lecturers and students.
Neutral
Zacks Investment Research
1 week ago
BlackBerry (BB) Laps the Stock Market: Here's Why
BlackBerry (BB) reachead $3.68 at the closing of the latest trading day, reflecting a +1.94% change compared to its last close.
Positive
Zacks Investment Research
1 week ago
Why Is BlackBerry (BB) Up 7.3% Since Last Earnings Report?
BlackBerry (BB) reported earnings 30 days ago. What's next for the stock?
Neutral
Zacks Investment Research
1 week ago
BlackBerry (BB) Stock Drops Despite Market Gains: Important Facts to Note
In the closing of the recent trading day, BlackBerry (BB) stood at $3.37, denoting a -0.88% change from the preceding trading day.
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