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

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

A number of brokerages have recently issued reports on BB. Zacks Research lowered BlackBerry from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Robert W. Baird lifted their price objective on BlackBerry from $5.00 to $5.50 and gave the stock a “neutral” rating in a report on Friday, September 26th. Weiss Ratings reiterated a “sell (d+)” rating on shares of BlackBerry in a research note on Friday, December 26th. Royal Bank Of Canada reissued a “sector perform” rating and set a $4.50 price target on shares of BlackBerry in a research report on Friday, December 19th. Finally, TD Securities raised shares of BlackBerry to a “hold” rating in a report on Monday, December 22nd.

Insider Activity

In other BlackBerry news, insider Philip S. Kurtz sold 11,121 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $3.89, for a total transaction of $43,260.69. Following the sale, the insider owned 110,096 shares in the company, valued at $428,273.44. This represents a 9.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Tim Foote sold 28,600 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $3.82, for a total value of $109,252.00. Following the transaction, the chief financial officer directly owned 41,626 shares in the company, valued at approximately $159,011.32. This represents a 40.73% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 364,881 shares of company stock worth $1,400,034. 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 made changes to their positions in the company. Benjamin Edwards Inc. raised its position in BlackBerry by 16.5% during the third quarter. Benjamin Edwards Inc. now owns 17,005 shares of the company’s stock valued at $83,000 after buying an additional 2,405 shares during the period. SBI Securities Co. Ltd. raised its holdings in shares of BlackBerry by 10.3% during 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 in the last quarter. Raymond James Financial Inc. raised 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 acquiring an additional 2,689 shares in the last quarter. CI Investments Inc. boosted 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 during the period. Finally, Mackenzie Financial Corp boosted its holdings in BlackBerry by 1.1% during the third quarter. Mackenzie Financial Corp now owns 401,841 shares of the company’s stock valued at $1,960,000 after acquiring an additional 4,249 shares during the period. 54.48% of the stock is owned by institutional investors and hedge funds.

BlackBerry Trading Down 1.2%

NYSE BB opened at $3.79 on Friday. The stock has a market cap of $2.22 billion, a P/E ratio of 126.21 and a beta of 1.40. The company’s fifty day simple moving average is $4.06 and its 200-day simple moving average is $4.14. 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 52 week low of $2.80 and a 52 week high of $6.24.

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, topping the consensus estimate of $0.04 by $0.01. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The firm had revenue of $141.80 million for the quarter, compared to the consensus estimate of $137.54 million. During the same quarter in the previous year, the firm 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 predict that BlackBerry will post -0.03 EPS for the current fiscal year.

About BlackBerry

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.