BlackBerry Limited (NYSE:BB) Receives $5.10 Average Target Price from Analysts

BlackBerry Limited (NYSE:BB) has earned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $5.10.

BB has been the subject of several research analyst reports. TD Securities upgraded BlackBerry to a “hold” rating in a report on Monday, December 22nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BlackBerry in a report on Friday, December 26th. Canaccord Genuity Group reissued a “hold” rating and issued a $4.60 target price on shares of BlackBerry in a report on Friday, December 19th. Wall Street Zen cut shares of BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Zacks Research downgraded shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th.

BlackBerry Stock Performance

BB opened at $3.46 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.14. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 115.21 and a beta of 1.63. The company has a fifty day moving average of $3.86 and a 200 day moving average of $4.09. BlackBerry has a fifty-two week low of $2.80 and a fifty-two week high of $6.24.

BlackBerry (NYSE:BB) last released its quarterly earnings data on Thursday, December 18th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. The business had revenue of $141.80 million during the quarter, compared to the consensus estimate of $137.54 million. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The business’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, sell-side analysts forecast that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insider Activity

In other BlackBerry news, insider Philip S. Kurtz sold 11,121 shares of the company’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 directly owned 110,096 shares in the company, valued at $428,273.44. This represents a 9.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Tim Foote sold 28,600 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 value of $109,252.00. Following the completion of the sale, the chief financial officer directly owned 41,626 shares of the company’s stock, valued at $159,011.32. The trade was a 40.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 364,881 shares of company stock worth $1,400,034. 0.37% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. NewGen Equity Long Short Fund purchased a new stake in shares of BlackBerry in the second quarter valued at approximately $12,366,000. First Trust Advisors LP increased its holdings in BlackBerry by 5.0% during the 2nd quarter. First Trust Advisors LP now owns 15,748,114 shares of the company’s stock worth $72,126,000 after purchasing an additional 751,216 shares during the period. DLD Asset Management LP bought a new stake in BlackBerry during the 2nd quarter valued at $9,160,000. Advisory Resource Group bought a new stake in BlackBerry during the 2nd quarter valued at $290,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of BlackBerry by 137.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,788,921 shares of the company’s stock worth $12,780,000 after buying an additional 1,612,465 shares during the period. 54.48% of the stock is owned by hedge funds and other institutional investors.

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.