BlackBerry (NYSE:BB) Upgraded to “Hold” at TD Securities

BlackBerry (NYSE:BB) was upgraded by equities research analysts at TD Securities to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada reissued a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a research report on Friday. Weiss Ratings reissued a “sell (d-)” rating on shares of BlackBerry in a report on Wednesday, October 8th. Zacks Research cut BlackBerry from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Robert W. Baird lifted their price target on BlackBerry from $5.00 to $5.50 and gave the stock a “neutral” rating in a report on Friday, September 26th. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a $4.60 price objective on shares of BlackBerry in a report on Friday. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.10.

BlackBerry Trading Up 4.6%

BB opened at $3.95 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.20 and a quick ratio of 2.20. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 131.54 and a beta of 1.41. The business has a fifty day moving average price of $4.40 and a 200 day moving average price of $4.21. BlackBerry has a 12 month low of $2.80 and a 12 month high of $6.24.

BlackBerry (NYSE:BB) last announced its quarterly earnings data on Thursday, December 18th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 8.10% and a net margin of 4.02%.The business’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. Sell-side analysts expect that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insider Activity at BlackBerry

In related news, CEO John Joseph Giamatteo sold 28,343 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $4.62, for a total transaction of $130,944.66. Following the transaction, the chief executive officer owned 568,164 shares in the company, valued at $2,624,917.68. This trade represents a 4.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mattias Eriksson sold 5,914 shares of BlackBerry stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $4.62, for a total value of $27,322.68. Following the transaction, the insider directly owned 291,340 shares in the company, valued at approximately $1,345,990.80. This trade represents a 1.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 88,565 shares of company stock valued at $423,706 in the last three months. 0.37% of the stock is currently owned by company insiders.

Institutional Trading of BlackBerry

A number of large investors have recently bought and sold shares of BB. Voya Investment Management LLC purchased a new position in BlackBerry during the 1st quarter worth $95,166,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of BlackBerry by 1,390.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock worth $71,397,000 after buying an additional 14,544,005 shares during the period. Hood River Capital Management LLC purchased a new position in shares of BlackBerry during the second quarter worth about $52,441,000. Marshall Wace LLP grew its holdings in shares of BlackBerry by 21,832.6% during the second quarter. Marshall Wace LLP now owns 8,860,764 shares of the company’s stock worth $40,582,000 after buying an additional 8,820,364 shares during the last quarter. Finally, Bank of America Corp DE increased its position in BlackBerry by 183.6% in the 2nd quarter. Bank of America Corp DE now owns 4,604,205 shares of the company’s stock valued at $21,087,000 after acquiring an additional 2,980,732 shares during the period. Institutional investors and hedge funds 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.