BlackBerry (NYSE:BB) Upgraded by TD Securities to Hold Rating

TD Securities upgraded shares of BlackBerry (NYSE:BB) to a hold rating in a research report report published on Monday,Zacks.com reports.

Other equities analysts have also recently issued research reports about the stock. Robert W. Baird lifted their target price on shares of BlackBerry from $5.00 to $5.50 and gave the stock a “neutral” rating in a research report on Friday, September 26th. Wall Street Zen raised BlackBerry from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. TD Cowen reiterated a “hold” rating and set a $5.00 target price on shares of BlackBerry in a report on Friday, October 3rd. Canaccord Genuity Group reissued a “hold” rating and set a $4.60 price target on shares of BlackBerry in a research report on Friday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BlackBerry in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $5.10.

BlackBerry Trading Up 4.6%

Shares of BlackBerry stock opened at $3.95 on Monday. The company has a 50-day moving average of $4.40 and a two-hundred day moving average of $4.21. The stock has a market cap of $2.33 billion, a PE ratio of 131.54 and a beta of 1.41. BlackBerry has a 12-month low of $2.80 and a 12-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.

BlackBerry (NYSE:BB) last posted its earnings results on Thursday, December 18th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. BlackBerry had a return on equity of 8.10% and a net margin of 4.02%.The company had revenue of $141.80 million for the quarter, compared to analyst estimates of $137.54 million. During the same quarter in the prior year, the company earned $0.02 earnings per share. BlackBerry’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. On average, research analysts anticipate that BlackBerry will post -0.03 EPS for the current fiscal year.

Insider Buying and Selling at BlackBerry

In other news, CEO John Joseph Giamatteo sold 28,343 shares of BlackBerry stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $4.62, for a total value of $130,944.66. Following the completion of the sale, the chief executive officer owned 568,164 shares of the company’s stock, valued at $2,624,917.68. The trade was a 4.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mattias Eriksson sold 5,914 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $4.62, for a total value of $27,322.68. Following the completion of the transaction, the insider owned 291,340 shares of the company’s stock, valued at $1,345,990.80. The trade was a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 88,565 shares of company stock worth $423,706. Insiders own 0.37% of the company’s stock.

Institutional Trading of BlackBerry

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss Life Asset Management Ltd increased its stake in shares of BlackBerry by 65.4% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 25,791 shares of the company’s stock valued at $126,000 after acquiring an additional 10,202 shares during the last quarter. NewEdge Advisors LLC grew its holdings in BlackBerry by 2,349.1% in the third quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock valued at $57,000 after purchasing an additional 11,205 shares during the period. Scientech Research LLC acquired a new position in BlackBerry during the third quarter worth approximately $216,000. Qube Research & Technologies Ltd grew its stake in shares of BlackBerry by 109.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 147,103 shares of the company’s stock valued at $718,000 after buying an additional 76,920 shares during the period. Finally, Millennium Management LLC increased its holdings in shares of BlackBerry by 69.3% during the 3rd quarter. Millennium Management LLC now owns 1,027,804 shares of the company’s stock worth $5,014,000 after buying an additional 420,833 shares during the last quarter. 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.