Brokerages Set BlackBerry Limited (NYSE:BB) Target Price at $5.10

BlackBerry Limited (NYSE:BB) has earned an average recommendation of “Hold” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $5.10.

Several analysts recently weighed in on BB shares. TD Securities raised shares of BlackBerry to a “hold” rating in a report on Monday, December 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of BlackBerry in a research report on Friday, December 26th. Canaccord Genuity Group restated a “hold” rating and issued a $4.60 price objective on shares of BlackBerry in a report on Friday, December 19th. Wall Street Zen downgraded shares of BlackBerry from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Zacks Research lowered BlackBerry from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th.

BlackBerry Trading Down 1.2%

NYSE:BB opened at $3.42 on Wednesday. BlackBerry has a 12-month low of $2.80 and a 12-month high of $6.24. The firm has a market cap of $2.01 billion, a PE ratio of 114.04 and a beta of 1.63. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.26. The stock has a fifty day moving average price of $3.82 and a 200 day moving average price of $4.09.

BlackBerry (NYSE:BB) last posted its quarterly earnings results on Thursday, December 18th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The company had revenue of $141.80 million for the quarter, compared to analyst estimates of $137.54 million. BlackBerry had a return on equity of 8.05% and a net margin of 4.02%.BlackBerry’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.02 EPS. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. Sell-side analysts anticipate that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insider Transactions at BlackBerry

In other BlackBerry news, CEO John Joseph Giamatteo sold 231,765 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $3.82, for a total transaction of $885,342.30. Following the sale, the chief executive officer owned 599,251 shares of the company’s stock, valued at approximately $2,289,138.82. This trade represents a 27.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Philip S. Kurtz sold 11,121 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $3.89, for a total transaction of $43,260.69. Following the sale, the insider owned 110,096 shares of the company’s stock, valued at $428,273.44. This represents a 9.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 364,881 shares of company stock valued at $1,400,034. 0.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BlackBerry

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in BlackBerry by 1,390.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock valued at $71,397,000 after acquiring an additional 14,544,005 shares in the last quarter. Hood River Capital Management LLC acquired a new stake in shares of BlackBerry during the second quarter worth about $52,441,000. Marshall Wace LLP lifted its holdings in shares of BlackBerry by 21,832.6% in the 2nd quarter. Marshall Wace LLP now owns 8,860,764 shares of the company’s stock valued at $40,582,000 after purchasing an additional 8,820,364 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of BlackBerry by 34.4% in the 4th quarter. First Trust Advisors LP now owns 24,991,652 shares of the company’s stock valued at $94,718,000 after purchasing an additional 6,399,502 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of BlackBerry by 183.6% in the 2nd quarter. Bank of America Corp DE now owns 4,604,205 shares of the company’s stock valued at $21,087,000 after purchasing an additional 2,980,732 shares during the period. 54.48% of the stock is currently owned by institutional investors and hedge funds.

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.