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

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

BB has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of BlackBerry in a research report on Friday, December 26th. Zacks Research downgraded shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Royal Bank Of Canada restated a “sector perform” rating and set a $4.50 price objective on shares of BlackBerry in a report on Friday, December 19th. TD Securities upgraded shares of BlackBerry to a “hold” rating in a research note on Monday, December 22nd. Finally, Wall Street Zen lowered shares of BlackBerry from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th.

BlackBerry Stock Down 2.4%

BB opened at $3.42 on Friday. BlackBerry has a fifty-two week low of $2.80 and a fifty-two week high of $5.32. The firm has a market capitalization of $2.02 billion, a P/E ratio of 113.87 and a beta of 1.67. The company’s 50-day moving average is $3.61 and its 200 day moving average is $4.06. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.14 and a quick ratio of 2.14.

BlackBerry (NYSE:BB) last issued its quarterly earnings data on Thursday, December 18th. The company reported $0.05 earnings per share (EPS) for the quarter, topping 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 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 prior year, the firm posted $0.02 EPS. The firm’s quarterly 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. Research analysts expect that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Tim Foote sold 28,600 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $3.82, for a total value of $109,252.00. Following the sale, the chief financial officer directly owned 41,626 shares in the company, valued at approximately $159,011.32. The trade was a 40.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Philip S. Kurtz sold 11,121 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $3.89, for a total transaction of $43,260.69. Following the transaction, the insider owned 110,096 shares of the company’s stock, valued at $428,273.44. This represents a 9.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 364,881 shares of company stock valued at $1,400,034 over the last ninety days. 0.37% of the stock is currently owned by insiders.

Institutional Investors Weigh In On BlackBerry

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. NewGen Equity Long Short Fund purchased a new position in shares of BlackBerry in the second quarter valued at $12,366,000. Vanguard Group Inc. boosted its stake in BlackBerry by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 23,793,046 shares of the company’s stock worth $116,086,000 after purchasing an additional 517,715 shares during the period. First Trust Advisors LP grew its holdings in BlackBerry by 5.0% during the 2nd quarter. First Trust Advisors LP now owns 15,748,114 shares of the company’s stock valued at $72,126,000 after buying an additional 751,216 shares in the last quarter. DLD Asset Management LP bought a new stake in shares of BlackBerry during the second quarter valued at about $9,160,000. Finally, Advisory Resource Group purchased a new stake in shares of BlackBerry in the second quarter worth about $290,000. 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.