BlackBerry (BB) Stock Forecast, Price Target & Predictions
BB Stock Forecast
BlackBerry stock forecast is as follows: an average price target of $3.52 (represents a -11.11% downside from BB’s last price of $3.96) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.
BB Price Target
BB Analyst Ratings
Buy
BlackBerry Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 18, 2024 | Kingsley Crane | Canaccord Genuity | $2.80 | $2.58 | 8.53% | -29.29% |
Jun 28, 2024 | Steven Li | Raymond James | $4.75 | $2.45 | 93.88% | 19.95% |
Jun 27, 2024 | Luke Junk | Robert W. Baird | $3.00 | $2.21 | 35.75% | -24.24% |
Jun 27, 2024 | Michael Walkley | Canaccord Genuity | $2.70 | $2.50 | 8.22% | -31.82% |
Jun 21, 2024 | Paul Treiber | RBC Capital | $3.00 | $2.35 | 27.39% | -24.24% |
Apr 03, 2024 | Todd Coupland | CIBC | $6.50 | $2.81 | 130.91% | 64.14% |
Dec 21, 2023 | Paul Treiber | RBC Capital | $4.00 | $3.56 | 12.47% | 1.01% |
Mar 30, 2023 | Paul Treiber | RBC Capital | $4.25 | $4.01 | 5.95% | 7.32% |
Jan 02, 2023 | Canaccord Canaccord | Canaccord Genuity | $4.50 | $3.26 | 38.04% | 13.64% |
Dec 21, 2022 | RBC Capital | $5.50 | $4.01 | 37.18% | 38.89% | |
Sep 29, 2022 | Michael Walkley Walkley | Canaccord Genuity | $5.00 | $4.82 | 3.84% | 26.26% |
Jun 24, 2022 | TD Securities | $5.00 | $5.71 | -12.47% | 26.26% | |
May 22, 2022 | Paul Treiber | RBC Capital | $6.50 | $5.89 | 10.36% | 64.14% |
Mar 28, 2022 | Paul Treiber | RBC Capital | $7.00 | $7.67 | -8.74% | 76.77% |
Feb 26, 2022 | Michael Walkley | Canaccord Genuity | $7.00 | $6.72 | 4.17% | 76.77% |
BlackBerry Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 6 |
Avg Price Target | - | $2.80 | $3.79 |
Last Closing Price | $3.96 | $3.96 | $3.96 |
Upside/Downside | -100.00% | -29.29% | -4.29% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Dec 20, 2024 | TD Securities | Hold | Buy | Upgrade |
Dec 18, 2024 | TD Securities | Hold | Hold | Hold |
Nov 21, 2024 | Barclays | Overweight | Overweight | Hold |
Nov 04, 2024 | Cowen & Co. | Hold | Hold | Hold |
Oct 29, 2024 | Bank of America Securities | Underperform | Buy | Upgrade |
Oct 18, 2024 | Canaccord Genuity | Hold | Hold | Hold |
Oct 14, 2024 | Bank of America Securities | Buy | Underperform | Initialise |
Sep 27, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Sep 24, 2024 | Citigroup | Buy | Buy | Hold |
Jul 30, 2024 | Deutsche Bank | Hold | Hold | Hold |
Jul 30, 2024 | Deutsche Bank | Buy | Buy | Hold |
Jul 26, 2024 | CFRA | Sell | Strong Sell | Downgrade |
Jun 28, 2024 | Raymond James | Market Perform | Market Perform | Hold |
Jun 27, 2024 | CIBC | Neutral | Outperform | Upgrade |
Jun 27, 2024 | Canaccord Genuity | Hold | Hold | Hold |
Jun 21, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Jun 14, 2024 | Deutsche Bank | Hold | Hold | Hold |
Jun 13, 2024 | CFRA | Hold | Sell | Downgrade |
Jun 13, 2024 | Goldman Sachs | Sell | Sell | Hold |
Jun 11, 2024 | Deutsche Bank | Buy | Hold | Initialise |
Jun 11, 2024 | Citigroup | Buy | Buy | Hold |
May 31, 2024 | Deutsche Bank | Buy | Buy | Hold |
May 22, 2024 | Deutsche Bank | Hold | Hold | Hold |
Apr 23, 2024 | UBS | Buy | Buy | Hold |
Apr 05, 2024 | Bank of America Securities | Buy | Buy | Hold |
Apr 03, 2024 | Canaccord Genuity | Hold | Hold | Hold |
Apr 03, 2024 | TD Securities | Hold | Hold | Hold |
Mar 28, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Mar 27, 2024 | Jefferies | Buy | Hold | Initialise |
Jan 22, 2024 | Citigroup | Neutral | Buy | Upgrade |
Jan 10, 2024 | Jefferies | Hold | Buy | Upgrade |
Jan 08, 2024 | Exane BNP Paribas | Neutral | Outperform | Upgrade |
Dec 21, 2023 | RBC Capital | Sector Perform | Sector Perform | Hold |
Oct 16, 2023 | Societe Generale | Hold | Upgrade | |
Sep 08, 2023 | Bank of America Securities | Buy | Upgrade | |
Jul 20, 2023 | Morgan Stanley | Underweight | Overweight | Upgrade |
Jun 29, 2023 | Citigroup | Buy | Neutral | Upgrade |
Jun 22, 2023 | Deutsche Bank | Buy | Upgrade | |
May 18, 2023 | OTR Global | Mixed | Downgrade | |
May 18, 2023 | Roth Capital | Buy | Upgrade | |
May 18, 2023 | Evercore ISI | Outperform | Upgrade | |
May 18, 2023 | BTIG | Buy | Upgrade | |
May 18, 2023 | Raymond James | Market Perform | Downgrade | |
May 18, 2023 | Morgan Stanley | Underweight | Downgrade | |
Mar 31, 2023 | Jefferies | Buy | Hold | Downgrade |
Mar 31, 2023 | Scotiabank | Perform | Downgrade | |
Mar 31, 2023 | Cowen & Co. | Outperform | Upgrade | |
Mar 31, 2023 | Cowen & Co. | Hold | Upgrade | |
Mar 31, 2023 | TD Securities | Reduce | Hold | Upgrade |
Mar 30, 2023 | RBC Capital | Sector Perform | Sector Perform | Hold |
Mar 30, 2023 | TD Securities | Reduce | Reduce | Hold |
Mar 30, 2023 | Canaccord Genuity | Hold | Hold | Hold |
Mar 30, 2023 | Exane BNP Paribas | Neutral | Upgrade | |
Mar 21, 2023 | UBS | Neutral | Upgrade | |
Jan 12, 2023 | Citigroup | Neutral | Buy | Upgrade |
Dec 21, 2022 | RBC Capital | Sector Perform | Sector Perform | Hold |
Dec 06, 2022 | Barclays | Overweight | Upgrade | |
Nov 07, 2022 | Jefferies | Buy | Upgrade | |
Sep 07, 2022 | Goldman Sachs | Buy | Upgrade | |
Sep 06, 2022 | HSBC | Buy | Buy | Upgrade |
Aug 01, 2022 | HSBC | Buy | Upgrade | |
Jul 05, 2022 | Citigroup | Buy | Upgrade | |
Jul 05, 2022 | Citigroup | Neutral | Upgrade | |
Jul 02, 2022 | CFRA | Hold | Hold | Hold |
Jun 24, 2022 | TD Securities | Reduce | Reduce | Hold |
May 22, 2022 | RBC Capital | Sector Perform | Sector Perform | Hold |
Mar 28, 2022 | RBC Capital | Sector Perform | Upgrade | |
Dec 22, 2021 | TD Securities | Reduce | Reduce | Hold |
Jun 26, 2021 | CIBC | Neutral | Downgrade |
BlackBerry Financial Forecast
BlackBerry Revenue Forecast
Quarter
Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Nov 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $175.00M | - | $373.00M | - | $169.00M | $168.00M | $168.00M | - | - | $175.00M | $174.00M | - | - | $259.00M | $206.00M | - | - |
Avg Forecast | $159.41M | $149.56M | $145.86M | $140.89M | $145.38M | $140.49M | $134.22M | $130.36M | $135.95M | $143.55M | $139.83M | $131.91M | $149.53M | $166.62M | $134.69M | $156.35M | $153.96M | $687.93M | $160.64M | $158.58M | $177.82M | $172.80M | $160.35M | $173.02M | $237.75M | $223.10M | $245.64M | $210.60M | $297.09M | $275.35M |
High Forecast | $175.36M | $164.53M | $160.46M | $154.99M | $159.93M | $154.56M | $147.65M | $143.41M | $149.56M | $151.22M | $153.82M | $145.12M | $164.49M | $183.30M | $148.17M | $172.00M | $169.37M | $825.51M | $163.43M | $161.33M | $180.91M | $175.80M | $163.13M | $176.03M | $241.89M | $226.97M | $249.91M | $214.26M | $302.25M | $280.14M |
Low Forecast | $152.85M | $143.41M | $139.87M | $135.10M | $139.40M | $134.72M | $128.70M | $125.00M | $130.36M | $128.85M | $134.08M | $126.49M | $143.38M | $159.77M | $129.15M | $149.92M | $147.63M | $550.34M | $158.80M | $156.76M | $175.78M | $170.82M | $158.51M | $171.04M | $235.04M | $220.55M | $242.83M | $208.19M | $293.69M | $272.21M |
# Analysts | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 | 1 | 1 | 1 | 2 | 1 | 9 | 10 | 18 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | - | 2.39% | - | 0.25% | 1.05% | 1.06% | - | - | 1.09% | 1.01% | - | - | 1.05% | 0.98% | - | - |
Forecast
BlackBerry EBITDA Forecast
Quarter
Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Nov 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 | 1 | 1 | 1 | 2 | 1 | 9 | 10 | 18 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.00M | - | $24.00M | - | $-32.00M | $-31.00M | $137.00M | - | - | $-25.00M | $-11.00M | - | - | $93.00M | $594.00M | - | - |
Avg Forecast | $-3.27M | $-3.07M | $-2.99M | $-2.89M | $-2.98M | $-2.88M | $-2.76M | $-2.68M | $-2.79M | $-2.95M | $-2.87M | $-2.71M | $-3.07M | $-3.42M | $-2.77M | $-3.21M | $-3.16M | $-249.29M | $52.07M | $51.40M | $57.64M | $56.01M | $51.98M | $56.08M | $-264.00M | $72.32M | $79.62M | $68.27M | $9.23M | $89.26M |
High Forecast | $-3.14M | $-2.94M | $-2.87M | $-2.77M | $-2.86M | $-2.77M | $-2.64M | $-2.57M | $-2.68M | $-2.65M | $-2.75M | $-2.60M | $-2.94M | $-3.28M | $-2.65M | $-3.08M | $-3.03M | $-199.44M | $52.98M | $52.30M | $58.64M | $56.99M | $52.88M | $57.06M | $-211.20M | $73.57M | $81.01M | $69.45M | $11.07M | $90.81M |
Low Forecast | $-3.60M | $-3.38M | $-3.29M | $-3.18M | $-3.28M | $-3.17M | $-3.03M | $-2.94M | $-3.07M | $-3.10M | $-3.16M | $-2.98M | $-3.38M | $-3.76M | $-3.04M | $-3.53M | $-3.48M | $-299.15M | $51.48M | $50.81M | $56.98M | $55.37M | $51.38M | $55.44M | $-316.80M | $71.49M | $78.71M | $67.48M | $7.38M | $88.24M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.05% | - | -7.48% | - | 0.13% | -0.60% | 2.67% | - | - | -0.48% | -0.20% | - | - | 1.17% | 8.70% | - | - |
Forecast
BlackBerry Net Income Forecast
Quarter
Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Nov 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 | 1 | 1 | 1 | 2 | 1 | 9 | 10 | 18 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-21.00M | - | $-11.00M | - | $2.00M | $-54.00M | $-181.00M | - | - | $-144.00M | $-62.00M | - | - | $-23.00M | $-636.00M | - | - |
Avg Forecast | $8.35M | $2.54M | $-5.04M | $-5.04M | $8.54M | $3.89M | $-4.20M | $-5.38M | $5.17M | $-725.14K | $-16.60M | $-28.56M | $254.92M | $-21.18M | $-38.49M | $-35.94M | $272.65M | $-410.23M | $-43.64M | $-37.04M | $291.60M | $-43.38M | $-45.06M | $-36.01M | $-315.00M | $-8.97M | $11.60M | $-10.22M | $-37.82M | $8.81M |
High Forecast | $9.43M | $2.87M | $-4.77M | $-4.77M | $9.65M | $4.39M | $-3.98M | $-5.10M | $5.85M | $-686.39K | $-15.71M | $-27.04M | $305.91M | $-7.06M | $-36.44M | $-34.02M | $327.18M | $-328.19M | $-42.99M | $-36.49M | $349.92M | $-42.74M | $-44.39M | $-35.47M | $-252.00M | $-8.84M | $11.86M | $-10.06M | $-30.26M | $9.01M |
Low Forecast | $7.90M | $2.41M | $-5.69M | $-5.69M | $8.08M | $3.68M | $-4.75M | $-6.08M | $4.90M | $-819.49K | $-18.76M | $-32.28M | $203.94M | $-28.24M | $-43.50M | $-40.62M | $218.12M | $-492.28M | $-44.62M | $-37.87M | $233.28M | $-44.36M | $-46.08M | $-36.82M | $-378.00M | $-9.17M | $11.42M | $-10.45M | $-45.39M | $8.68M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | 0.31% | - | -0.00% | 1.24% | 4.89% | - | - | 3.20% | 1.72% | - | - | -1.98% | 62.26% | - | - |
Forecast
BlackBerry SG&A Forecast
Quarter
Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Nov 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 | 1 | 1 | 1 | 2 | 1 | 9 | 10 | 18 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $85.00M | - | $99.00M | - | $89.00M | $86.00M | $82.00M | - | - | $83.00M | $73.00M | - | - | $79.00M | $90.00M | - | - |
Avg Forecast | $70.26M | $65.92M | $64.29M | $62.10M | $64.08M | $61.93M | $59.16M | $57.46M | $59.92M | $63.27M | $61.63M | $58.14M | $113.30M | $73.44M | $59.37M | $68.91M | $121.18M | $261.92M | $69.41M | $68.52M | $129.60M | $74.66M | $69.28M | $74.76M | $92.00M | $96.40M | $106.14M | $91.00M | $99.64M | $118.98M |
High Forecast | $77.29M | $72.52M | $70.73M | $68.32M | $70.49M | $68.12M | $65.08M | $63.21M | $65.92M | $66.65M | $67.80M | $63.96M | $135.96M | $80.79M | $65.31M | $75.81M | $145.41M | $314.30M | $70.62M | $69.71M | $155.52M | $75.96M | $70.49M | $76.06M | $110.40M | $98.08M | $107.99M | $92.58M | $119.56M | $121.05M |
Low Forecast | $67.37M | $63.21M | $61.65M | $59.55M | $61.44M | $59.38M | $56.73M | $55.10M | $57.46M | $56.79M | $59.10M | $55.75M | $90.64M | $70.42M | $56.93M | $66.08M | $96.94M | $209.53M | $68.62M | $67.74M | $103.68M | $73.81M | $68.49M | $73.91M | $73.60M | $95.30M | $104.93M | $89.96M | $79.71M | $117.62M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | - | 1.44% | - | 0.34% | 1.24% | 1.20% | - | - | 1.20% | 0.98% | - | - | 0.74% | 0.99% | - | - |
Forecast
BlackBerry EPS Forecast
Quarter
Mar 27 | Nov 26 | Aug 26 | May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 23 | Aug 23 | May 23 | Mar 23 | Nov 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 | 1 | 1 | 1 | 2 | 1 | 9 | 10 | 18 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.04 | - | $-0.02 | - | - | $-0.09 | $-0.31 | - | - | $-0.25 | $-0.11 | - | - | $-0.04 | $-1.14 | - | - |
Avg Forecast | $0.01 | - | $-0.01 | $-0.01 | $0.01 | $0.01 | $-0.01 | $-0.01 | $0.01 | $-0.00 | $-0.03 | $-0.05 | $-0.04 | $-0.04 | $-0.07 | $-0.06 | $-0.08 | $1.95 | $-0.07 | $-0.06 | $-0.05 | $-0.07 | $-0.08 | $-0.06 | $0.03 | $-0.02 | $0.02 | $-0.02 | $0.04 | $0.01 |
High Forecast | $0.02 | - | $-0.01 | $-0.01 | $0.02 | $0.01 | $-0.01 | $-0.01 | $0.01 | $-0.00 | $-0.03 | $-0.05 | $-0.04 | $-0.01 | $-0.06 | $-0.06 | $-0.07 | $2.21 | $-0.07 | $-0.06 | $-0.05 | $-0.07 | $-0.08 | $-0.06 | $0.03 | $-0.01 | $0.02 | $-0.02 | $0.04 | $0.02 |
Low Forecast | $0.01 | - | $-0.01 | $-0.01 | $0.01 | $0.01 | $-0.01 | $-0.01 | $0.01 | $-0.00 | $-0.03 | $-0.05 | $-0.04 | $-0.05 | $-0.07 | $-0.07 | $-0.09 | $1.85 | $-0.08 | $-0.06 | $-0.05 | $-0.08 | $-0.08 | $-0.06 | $0.03 | $-0.02 | $0.02 | $-0.02 | $0.04 | $0.01 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 0.31% | - | 0.00% | 1.27% | 4.94% | - | - | 3.28% | 1.80% | - | - | -2.10% | 65.90% | - | - |
Forecast
BlackBerry Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
GCT | GigaCloud | $18.05 | $50.00 | 177.01% | Buy |
ALAR | Alarum | $10.90 | $28.00 | 156.88% | Buy |
PANW | Palo Alto Networks | $189.51 | $400.29 | 111.22% | Buy |
ADBE | Adobe | $447.94 | $614.25 | 37.13% | Buy |
NTNX | Nutanix | $64.45 | $78.75 | 22.19% | Buy |
MSFT | Microsoft | $439.33 | $495.87 | 12.87% | Buy |
OKTA | Okta | $83.19 | $93.38 | 12.25% | Buy |
ZS | Zscaler | $187.26 | $209.91 | 12.10% | Buy |
PATH | UiPath | $13.09 | $14.50 | 10.77% | Hold |
SQ | Block | $91.08 | $92.33 | 1.37% | Buy |
TOST | Toast | $38.22 | $37.40 | -2.15% | Hold |
DLO | DLocal | $11.61 | $10.33 | -11.02% | Hold |
BB | BlackBerry | $3.96 | $3.52 | -11.11% | Buy |
AFRM | Affirm | $65.90 | $58.50 | -11.23% | Buy |
NET | Cloudflare | $112.58 | $92.33 | -17.99% | Hold |
ARQQ | Arqit Quantum | $29.13 | $14.00 | -51.94% | Buy |