BlackBerry Limited (NYSE:BB) Given Average Recommendation of “Hold” by Brokerages

BlackBerry Limited (NYSE:BB) has been assigned a consensus rating of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $4.88.

BB has been the topic of several recent research reports. Weiss Ratings cut BlackBerry from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $4.50 price objective on shares of BlackBerry in a research report on Friday, April 10th. Canaccord Genuity Group lowered their price objective on BlackBerry from $4.60 to $4.40 and set a “hold” rating on the stock in a research report on Friday, April 10th. Finally, Wall Street Zen cut BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th.

BlackBerry Stock Down 0.0%

BB opened at $5.42 on Monday. BlackBerry has a 1-year low of $3.12 and a 1-year high of $5.79. The stock’s fifty day simple moving average is $3.84 and its 200 day simple moving average is $4.00. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.26. The stock has a market cap of $3.18 billion, a PE ratio of 67.73 and a beta of 2.10.

BlackBerry (NYSE:BB) last posted its quarterly earnings results on Thursday, April 9th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.The business had revenue of $157.96 million for the quarter, compared to analysts’ expectations of $144.27 million. During the same quarter in the prior year, the business earned $0.03 EPS. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. As a group, research analysts expect that BlackBerry will post 0.13 earnings per share for the current year.

Insider Buying and Selling at BlackBerry

In other BlackBerry news, CEO John Joseph Giamatteo sold 27,066 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total transaction of $96,354.96. Following the transaction, the chief executive officer owned 899,146 shares in the company, valued at $3,200,959.76. This trade represents a 2.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the stock in a transaction on Saturday, April 4th. The stock was sold at an average price of $3.56, for a total value of $106,472.48. Following the transaction, the senior vice president owned 94,903 shares in the company, valued at $337,854.68. The trade was a 23.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 73,171 shares of company stock worth $260,489 in the last quarter. Company insiders own 0.37% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BB. Benjamin Edwards Inc. grew its holdings in shares of BlackBerry by 16.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 17,005 shares of the company’s stock worth $83,000 after purchasing an additional 2,405 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of BlackBerry by 10.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 27,434 shares of the company’s stock worth $134,000 after purchasing an additional 2,569 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of BlackBerry by 2.1% during the 3rd quarter. Raymond James Financial Inc. now owns 128,998 shares of the company’s stock worth $630,000 after purchasing an additional 2,689 shares in the last quarter. CI Investments Inc. grew its holdings in shares of BlackBerry by 48.4% during the 3rd quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock worth $41,000 after purchasing an additional 2,745 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of BlackBerry by 2.4% during the 4th quarter. Invesco Ltd. now owns 128,487 shares of the company’s stock worth $487,000 after purchasing an additional 2,975 shares in the last quarter. Institutional investors own 54.48% of the company’s stock.

BlackBerry Company Profile

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry’s core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.

At the heart of BlackBerry’s offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.