| High | $20.00 |
|---|---|
| Low | $5.00 |
| Average | $8.21 |
| Current Price | $6.12 |
What is BlackBerry's price targets for the next year?
Their forecasts range from $7.50 to $11.00. On average, they anticipate BlackBerry's stock price to reach $9.13 in the next year. This suggests a possible upside of 6.9% from the stock's current price. View analysts' price targets for BlackBerry or view top-rated stocks among Wall Street analysts.
Does BlackBerry's stock price have a downside?
Does BlackBerry's stock price have much downside? According to analysts, BlackBerry's stock has a predicted downside of -14.41% based on their 12-month price targets. What analysts cover BlackBerry? BlackBerry has been rated by Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.
Where can I buy BlackBerry shares?
Shares of BB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is BlackBerry's stock price today?
What is the price targets for BB stock?
The high price target for BB is $10.00 and the low price target for BB is $6.50. There are currently 2 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold.".
Is BlackBerry a Buy Sell or Hold?
BlackBerry has received a consensus rating of Hold. The company's average rating score is 1.80, and is based on 1 buy rating, 2 hold ratings, and 2 sell ratings.
Is BlackBerry a good stock to buy?
BlackBerry (BB) doesn't make smartphones anymore. Yet the midcap firm, with a $3.9 billion market value, actually beat the market last year with a 41% gain in 2021. Yet BlackBerry stock has definitely cooled off a lot since June, when Wall Street analysts downgraded the stock.
Is BlackBerry an acquisition target?
As a result, there's tremendous demand for BlackBerry's products, making the company a potentially alluring takeover target. Additionally, BlackBerry's systems will enhance the attractiveness of an acquirer's products more by making them more secure and private.
Who is investing in BlackBerry?
Top 10 Owners of BlackBerry LtdStockholderStakeShares ownedAllianz Global Investors U.S. LLC4.36%25,176,505FifthDelta Ltd.2.26%13,051,467The Vanguard Group, Inc.2.16%12,466,994Norges Bank Investment Management0.57%3,266,6416 more rows
Will BlackBerry stock go up 2022?
BlackBerry Stock Price Forecast 2022-2023 The forecasted BlackBerry price at the end of 2022 is $6.66 - and the year to year change -29%. The rise from today to year-end: +28%. In the middle of 2022, we expect to see $5.76 per 1 BlackBerry.
Will BlackBerry go back up?
Analysts, however, expect sales to rise to 23.3% to $900 million in fiscal 2024, while the adjusted net loss per share might narrow to $0.03. There is a good chance for BlackBerry to raise equity capital and dilute shareholder wealth given it ended the most recent quarter with $407 million in cash.
Did Google buy BlackBerry?
Google Is Never Going to Buy BlackBerry.
Why is BlackBerry stock going down?
BlackBerry Stock Falls After Disappointing Quarterly Report The company noted that licensing revenue would be minimal in the new fiscal year, and this statement has clearly put pressure on BlackBerry stock. BlackBerry shares enjoyed several positive moments in 2021 due to the meme-stock mania.
Is BlackBerry being taken over?
TCL then bought rights to release BlackBerry-branded phones, most notably giving us 2017's KeyOne and then 2018's Key2 – an even better sequel. A couple of other handsets came of the partnership, but as of 31 August 2020, TCL stopped supporting these phones with software updates and the partnership ended.
What is happening to BlackBerry?
Android-powered devices carrying the BlackBerry name won't be affected. For some, it's a farewell to an era when BlackBerries dominated airport lounges and the West Wing. As a subscriber, you have 10 gift articles to give each month.
Is BB undervalued?
The current price of the firm is $5.93. At this time, the firm appears to be undervalued. Our model approximates the value of Blackberry from analyzing the firm fundamentals such as return on equity of 0.78 %, and Profit Margin of 1.67 % as well as examining its technical indicators and Probability Of Bankruptcy.
What's the future of BlackBerry?
Going forward the company will make its revenue primarily through its cybersecurity products and its IoT products. At its core, BlackBerry has always been about cybersecurity. However, on the company's earnings call, it said it expects revenue from the cyber sector to be flat in 2022.
Is BlackBerry going out of business?
BlackBerry, the company, though, is still very much alive. The Waterloo-based business, once the most valuable company on the Toronto Stock Exchange, has undergone a near total transformation, morphing into a company that sells enterprise security solutions and operating systems for increasingly connected cars.
Is BB undervalued?
The current price of the firm is $5.93. At this time, the firm appears to be undervalued. Our model approximates the value of Blackberry from analyzing the firm fundamentals such as return on equity of 0.78 %, and Profit Margin of 1.67 % as well as examining its technical indicators and Probability Of Bankruptcy.
Does anyone still use BlackBerry?
BlackBerry is a name that was synonymous with smartphones in the years before the iPhone first launched and touchscreen-only devices powered by Android and iOS came to dominate. But BlackBerry stopped developing its own mobile operating system in 2015 and stopped making phones altogether not longer after.
Is BB stock a buy right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last twelve months. There are currentl...
Will BlackBerry's stock price go up in 2022?
6 brokerages have issued 12 month price objectives for BlackBerry's stock. Their forecasts range from $6.00 to $11.00. On average, they expect Blac...
How has BlackBerry's stock price performed in 2022?
BlackBerry's stock was trading at $9.35 at the beginning of the year. Since then, BB stock has decreased by 34.4% and is now trading at $6.13. Vie...
When is BlackBerry's next earnings date?
BlackBerry is scheduled to release its next quarterly earnings announcement on Thursday, June 23rd 2022. View our earnings forecast for BlackBerry .
How were BlackBerry's earnings last quarter?
BlackBerry Limited (NYSE:BB) issued its earnings results on Thursday, March, 31st. The company reported $0.01 earnings per share (EPS) for the quar...
What guidance has BlackBerry issued on next quarter's earnings?
BlackBerry updated its FY 2027 earnings guidance on Wednesday, June, 8th. The company provided earnings per share guidance of for the period. The c...
Who are BlackBerry's key executives?
BlackBerry's management team includes the following people: Mr. John S. Chen , Exec. Chairman & CEO (Age 66, Pay $3.02M) ( LinkedIn Profile ) Mr...
What is John Chen's approval rating as BlackBerry's CEO?
706 employees have rated BlackBerry CEO John Chen on Glassdoor.com . John Chen has an approval rating of 50% among BlackBerry's employees. This pu...
Who are some of BlackBerry's key competitors?
Some companies that are related to BlackBerry include Crown Castle International (CCI) , SBA Communications (SBAC) , United States Cellular (USM...
Who rated BlackBerry?
BlackBerry has been rated by CIBC, Raymond James, Royal Bank of Canada, and TD Securities in the past 90 days.
How does MarketBeat calculate stock ratings?
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
What is the symbol for BlackBerry?
BlackBerry trades on the New York Stock Exchange (NYSE) under the ticker symbol "BB."
What is BlackBerry Ltd?
BlackBerry Ltd. engages in providing the intelligent security software and services to enterprises and governments. The firm leverages artificial intelligence and machine learning to deliver solutions in the areas of cyber security, safety, data privacy solutions, and also focuses in the areas of endpoint security, endpoint management, encryption, and embedded systems. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.
What is MarketBeat community ratings?
MarketBeat's community ratings are surveys of what our community members think about BlackBerry and other stocks. Vote “Outperform” if you believe BB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BB will underperform the S&P 500 over the long term. You may vote once every thirty days.
What is the P/E ratio of BlackBerry?
The P/E ratio of BlackBerry is -8.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Is BlackBerry a sell or buy?
Wall Street analysts have given BlackBerry a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BlackBerry wasn't one of them.
Does BlackBerry pay dividends?
BlackBerry does not currently pay a dividend.
