BlackBerry Limited (NYSE:BB) Given Consensus Rating of “Hold” by Brokerages

Shares of BlackBerry Limited (NYSE:BB) have received an average recommendation 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 rating, six have issued a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $5.10.

A number of brokerages have recently issued reports on BB. TD Securities raised shares of BlackBerry to a “hold” rating in a research report on Monday, December 22nd. TD Cowen reiterated a “hold” rating and issued a $5.00 price objective on shares of BlackBerry in a research note on Friday, October 3rd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a report on Friday, December 19th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BlackBerry in a report on Friday, December 26th. Finally, Robert W. Baird boosted their price target on BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a research note on Friday, September 26th.

Insider Activity

In other news, CFO Tim Foote sold 28,600 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $3.82, for a total transaction of $109,252.00. Following the sale, the chief financial officer directly owned 41,626 shares of the company’s stock, valued at approximately $159,011.32. This represents a 40.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Philip S. Kurtz sold 11,121 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $3.89, for a total value of $43,260.69. Following the completion of the transaction, the insider owned 110,096 shares in the company, valued at $428,273.44. The trade was a 9.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 364,881 shares of company stock worth $1,400,034. 0.37% of the stock is currently owned by company insiders.

Institutional Trading of BlackBerry

Several large investors have recently made changes to their positions in the company. Benjamin Edwards Inc. increased its stake in BlackBerry by 16.5% in the third quarter. Benjamin Edwards Inc. now owns 17,005 shares of the company’s stock valued at $83,000 after acquiring an additional 2,405 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in shares of BlackBerry by 10.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 27,434 shares of the company’s stock valued at $134,000 after purchasing an additional 2,569 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of BlackBerry by 2.1% in the 3rd quarter. Raymond James Financial Inc. now owns 128,998 shares of the company’s stock valued at $630,000 after purchasing an additional 2,689 shares during the last quarter. CI Investments Inc. raised 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 buying an additional 2,745 shares in the last quarter. Finally, Mackenzie Financial Corp raised its holdings in shares of BlackBerry by 1.1% during the 3rd quarter. Mackenzie Financial Corp now owns 401,841 shares of the company’s stock worth $1,960,000 after buying an additional 4,249 shares in the last quarter. Institutional investors and hedge funds own 54.48% of the company’s stock.

BlackBerry Price Performance

BlackBerry stock opened at $3.89 on Friday. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 129.71 and a beta of 1.40. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.26. BlackBerry has a 12 month low of $2.80 and a 12 month high of $6.24. The stock’s 50 day moving average is $4.11 and its 200-day moving average is $4.15.

BlackBerry (NYSE:BB) last released its quarterly earnings results on Thursday, December 18th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01. BlackBerry had a return on equity of 8.05% and a net margin of 4.02%.The business had revenue of $141.80 million during the quarter, compared to the consensus estimate of $137.54 million. During the same period in the previous year, the company posted $0.02 EPS. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. Equities research analysts expect that BlackBerry will post -0.03 EPS for the current year.

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.