Analysts Set BlackBerry Limited (NYSE:BB) Price Target at $5.10

BlackBerry Limited (NYSE:BB) has received a consensus recommendation of “Hold” from the eight brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $5.10.

Several analysts have issued reports on BB shares. TD Securities upgraded shares of BlackBerry to a “hold” rating in a research report on Monday, December 22nd. Canaccord Genuity Group reissued a “hold” rating and issued a $4.60 target price on shares of BlackBerry in a research note on Friday, December 19th. TD Cowen restated a “hold” rating and set a $5.00 price target on shares of BlackBerry in a research report on Friday, October 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $4.50 price target on shares of BlackBerry in a research note on Friday, December 19th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of BlackBerry in a research note on Friday.

BlackBerry Stock Down 0.6%

Shares of NYSE BB opened at $3.97 on Tuesday. The stock has a market capitalization of $2.34 billion, a P/E ratio of 132.21 and a beta of 1.41. BlackBerry has a one year low of $2.80 and a one year high of $6.24. The firm’s 50 day simple moving average is $4.36 and its two-hundred day simple moving average is $4.21. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.14 and a quick ratio of 2.20.

BlackBerry (NYSE:BB) last announced its quarterly earnings data on Thursday, December 18th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The company had revenue of $141.80 million during the quarter, compared to analysts’ expectations of $137.54 million. During the same quarter in the prior year, the company earned $0.02 EPS. The firm’s 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. As a group, analysts expect that BlackBerry will post -0.03 EPS for the current fiscal year.

Insider Buying and Selling at BlackBerry

In other BlackBerry news, CEO John Joseph Giamatteo sold 28,343 shares of the firm’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 $130,944.66. Following the sale, the chief executive officer owned 568,164 shares of the company’s stock, valued at $2,624,917.68. This trade represents a 4.75% 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 Mattias Eriksson sold 5,914 shares of the company’s 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 of the company’s stock, valued at approximately $1,345,990.80. This trade represents a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 44,387 shares of company stock valued at $205,024 in the last three months. 0.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BlackBerry

Several institutional investors and hedge funds have recently bought and sold shares of the business. Delos Wealth Advisors LLC purchased a new position in shares of BlackBerry during the third quarter valued at approximately $34,000. CI Investments Inc. increased its position in BlackBerry by 48.4% during the 3rd quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock valued at $41,000 after purchasing an additional 2,745 shares during the period. NewEdge Advisors LLC raised its holdings in BlackBerry by 2,349.1% in the 3rd quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock worth $57,000 after purchasing an additional 11,205 shares in the last quarter. LeConte Wealth Management LLC purchased a new stake in shares of BlackBerry in the 2nd quarter worth about $61,000. Finally, Benjamin Edwards Inc. lifted its position in shares of BlackBerry by 31.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock worth $67,000 after purchasing an additional 3,500 shares during the period. 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.