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

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

A number of equities analysts have recently commented on BB shares. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $4.50 target price on shares of BlackBerry in a research report on Friday. Canaccord Genuity Group reissued a “hold” rating and issued a $4.60 price objective on shares of BlackBerry in a research note on Friday. Zacks Research downgraded BlackBerry from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. TD Securities lowered BlackBerry from a “buy” rating to a “hold” rating and lifted their target price for the company from $4.00 to $5.00 in a research report on Friday, October 3rd. Finally, Robert W. Baird increased their price target on BlackBerry from $5.00 to $5.50 and gave the stock a “neutral” rating in a research report on Friday, September 26th.

BlackBerry Stock Up 4.6%

NYSE:BB opened at $3.95 on Tuesday. The company has a market cap of $2.33 billion, a price-to-earnings ratio of 131.54 and a beta of 1.41. BlackBerry has a twelve month low of $2.80 and a twelve month high of $6.24. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $4.40 and a 200-day simple moving average of $4.21.

BlackBerry (NYSE:BB) last posted its quarterly earnings results on Thursday, December 18th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.04 by $0.01. BlackBerry had a net margin of 4.02% and a return on equity of 8.10%. The company had revenue of $141.80 million for the quarter, compared to the consensus estimate of $137.54 million. During the same quarter last year, the firm posted $0.02 EPS. The firm’s revenue was down 1.3% compared to the same quarter last year. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. Analysts anticipate that BlackBerry will post -0.03 EPS for the current year.

Insider Buying and Selling

In other BlackBerry news, insider Mattias Eriksson sold 5,914 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $4.62, for a total transaction of $27,322.68. Following the transaction, the insider directly owned 291,340 shares in the company, valued at $1,345,990.80. This represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Philip S. Kurtz sold 44,178 shares of the firm’s stock in a transaction dated Sunday, September 28th. The shares were sold at an average price of $4.95, for a total transaction of $218,681.10. Following the transaction, the insider directly owned 95,468 shares in the company, valued at $472,566.60. This trade represents a 31.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 88,565 shares of company stock valued at $423,706 over the last three months. 0.37% of the stock is owned by company insiders.

Institutional Trading of BlackBerry

Hedge funds have recently bought and sold shares of the stock. Invesco Ltd. boosted its position in BlackBerry by 45.7% during the 1st quarter. Invesco Ltd. now owns 167,750 shares of the company’s stock valued at $632,000 after acquiring an additional 52,634 shares in the last quarter. Nuveen LLC bought a new position in shares of BlackBerry in the 1st quarter worth $505,000. Hsbc Holdings PLC lifted its stake in shares of BlackBerry by 16.7% during the 1st quarter. Hsbc Holdings PLC now owns 31,641 shares of the company’s stock worth $119,000 after purchasing an additional 4,525 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in BlackBerry by 7.0% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,086,634 shares of the company’s stock valued at $4,093,000 after purchasing an additional 71,057 shares in the last quarter. Finally, FORA Capital LLC purchased a new position in BlackBerry in the first quarter valued at about $418,000. Hedge funds and other 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.