BlackBerry (BB) Stock Forecast, Price Target & Predictions
BB Stock Forecast
BlackBerry stock forecast is as follows: an average price target of $4.18 (represents a 77.87% upside from BB’s last price of $2.35) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.
BB Price Target
The average price target for BlackBerry (BB) is $4.18 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $6.50 to $2.80. This represents a potential 77.87% upside from BB's last price of $2.35.
BB Analyst Ratings
According to 21 Wall Street analysts, BlackBerry's rating consensus is 'Buy'. The analyst rating breakdown for BB stock is 0 'Strong Buy' (0.00%), 11 'Buy' (52.38%), 8 'Hold' (38.10%), 1 'Sell' (4.76%), and 1 'Strong Sell' (4.76%).
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 | - | - | 8.53% | 19.15% |
| Jun 28, 2024 | Steven Li | Raymond James | - | - | 93.88% | 102.13% |
| Jun 27, 2024 | Luke Junk | Robert W. Baird | - | - | 35.75% | 27.66% |
| Jun 27, 2024 | Michael Walkley | Canaccord Genuity | - | - | 8.22% | 14.89% |
| Jun 21, 2024 | Paul Treiber | RBC Capital | - | - | 27.39% | 27.66% |
| Apr 03, 2024 | Todd Coupland | CIBC | - | - | 130.91% | 176.60% |
| Dec 21, 2023 | Paul Treiber | RBC Capital | - | - | 12.47% | 70.21% |
| Mar 30, 2023 | Paul Treiber | RBC Capital | - | - | 5.95% | 80.85% |
| Jan 02, 2023 | Canaccord Canaccord | Canaccord Genuity | - | - | 38.04% | 91.49% |
| Dec 21, 2022 | RBC Capital | - | - | 37.18% | 134.04% |
The latest BlackBerry stock forecast, released on Oct 18, 2024 by Kingsley Crane from Canaccord Genuity, set a price target of $2.80, which represents a 8.53% increase from the stock price at the time of the forecast ($2.58), and a 19.15% increase from BB last price ($2.35).
BlackBerry Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 7 |
| Avg Price Target | - | $2.80 | $3.82 |
| Last Closing Price | $2.35 | $2.35 | $2.35 |
| Upside/Downside | -100.00% | 19.15% | 62.55% |
In the current month, the average price target of BlackBerry stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to BlackBerry's last price of $2.35. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
BlackBerry's last stock rating was published by Barclays on Nov 21, 2024. The company gave BB a "Overweight" rating, the same as its previous rate.
BlackBerry Financial Forecast
BlackBerry Revenue Forecast
| Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $373.00M | - | - | $168.00M | $168.00M | - | - | $175.00M | $174.00M | - | - | $259.00M | $206.00M | - | - |
| Avg Forecast | $173.88M | $163.35M | $159.13M | $153.61M | $164.81M | $154.00M | $150.75M | $146.95M | $157.71M | $146.70M | $139.83M | $131.91M | $149.53M | $166.62M | $134.69M | $156.35M | $153.96M | $167.29M | $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 | $175.52M | $164.89M | $160.63M | $155.06M | $166.36M | $155.45M | $152.17M | $148.33M | $159.87M | $147.40M | $141.14M | $133.15M | $150.93M | $168.19M | $135.95M | $157.82M | $155.40M | $168.86M | $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 | $172.35M | $161.91M | $157.72M | $152.25M | $163.36M | $152.64M | $149.42M | $145.65M | $155.92M | $145.80M | $138.59M | $130.75M | $148.20M | $165.15M | $133.49M | $154.96M | $152.59M | $165.81M | $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 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.39% | - | - | 1.05% | 1.06% | - | - | 1.09% | 1.01% | - | - | 1.05% | 0.98% | - | - |
BlackBerry's average Quarter revenue forecast for Aug 23 based on 1 analysts is $134.69M, with a low forecast of $133.49M, and a high forecast of $135.95M. BB's average Quarter revenue forecast represents a -63.89% decrease compared to the company's last Quarter revenue of $373.00M (May 23).
BlackBerry EBITDA Forecast
| Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 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 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.00M | - | - | $-31.00M | $137.00M | - | - | $-25.00M | $-11.00M | - | - | $93.00M | $594.00M | - | - |
| Avg Forecast | $-3.57M | $-3.35M | $-3.27M | $-3.15M | $-3.38M | $-3.16M | $-3.10M | $-3.02M | $-3.24M | $-3.01M | $-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 | $-3.54M | $-3.32M | $-3.24M | $-3.13M | $-3.35M | $-3.13M | $-3.07M | $-2.99M | $-3.20M | $-2.99M | $-2.85M | $-2.68M | $-3.04M | $-3.39M | $-2.74M | $-3.18M | $-3.13M | $-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 | $-3.39M | $-3.30M | $-3.18M | $-3.42M | $-3.19M | $-3.12M | $-3.05M | $-3.28M | $-3.03M | $-2.90M | $-2.73M | $-3.10M | $-3.45M | $-2.79M | $-3.24M | $-3.19M | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.48% | - | - | -0.60% | 2.67% | - | - | -0.48% | -0.20% | - | - | 1.17% | 8.70% | - | - |
1 analysts predict BB's average Quarter EBITDA for Aug 23 to be $-2.77M, with a high of $-2.74M and a low of $-2.79M. This is -111.52% lower than BlackBerry's previous annual EBITDA (May 23) of $24.00M.
BlackBerry Net Income Forecast
| Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 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 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-11.00M | - | - | $-54.00M | $-181.00M | - | - | $-144.00M | $-62.00M | - | - | $-23.00M | $-636.00M | - | - |
| Avg Forecast | $3.97M | $-1.84M | $-9.56M | $-13.44M | $62.11K | $-5.75M | $-11.54M | $-13.00M | $2.94M | $-9.12M | $-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 | $4.01M | $-1.82M | $-9.45M | $-13.29M | $62.87K | $-5.68M | $-11.41M | $-12.85M | $2.98M | $-9.02M | $-16.41M | $-28.23M | $305.91M | $-7.06M | $-38.05M | $-35.53M | $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 | $3.92M | $-1.86M | $-9.67M | $-13.61M | $61.39K | $-5.82M | $-11.68M | $-13.15M | $2.91M | $-9.23M | $-16.80M | $-28.91M | $203.94M | $-28.24M | $-38.96M | $-36.38M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | - | - | 1.24% | 4.89% | - | - | 3.20% | 1.72% | - | - | -1.98% | 62.26% | - | - |
BlackBerry's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. BB's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
BlackBerry SG&A Forecast
| Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 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 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $99.00M | - | - | $86.00M | $82.00M | - | - | $83.00M | $73.00M | - | - | $79.00M | $90.00M | - | - |
| Avg Forecast | $76.64M | $72.00M | $70.14M | $67.71M | $72.65M | $67.88M | $66.45M | $64.77M | $69.51M | $64.66M | $61.63M | $58.14M | $113.30M | $73.44M | $59.37M | $68.91M | $121.18M | $73.74M | $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 | $77.36M | $72.68M | $70.80M | $68.34M | $73.33M | $68.52M | $67.07M | $65.38M | $70.47M | $64.97M | $62.21M | $58.69M | $135.96M | $74.13M | $59.92M | $69.56M | $145.41M | $74.43M | $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 | $75.96M | $71.36M | $69.52M | $67.11M | $72.00M | $67.28M | $65.86M | $64.20M | $68.73M | $64.26M | $61.09M | $57.63M | $90.64M | $72.79M | $58.84M | $68.30M | $96.94M | $73.08M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.44% | - | - | 1.24% | 1.20% | - | - | 1.20% | 0.98% | - | - | 0.74% | 0.99% | - | - |
BlackBerry's average Quarter SG&A projection for Aug 23 is $59.37M, based on 1 Wall Street analysts, with a range of $58.84M to $59.92M. The forecast indicates a -40.03% fall compared to BB last annual SG&A of $99.00M (May 23).
BlackBerry EPS Forecast
| Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 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 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.02 | - | - | $-0.09 | $-0.31 | - | - | $-0.25 | $-0.11 | - | - | $-0.04 | $-1.14 | - | - |
| Avg Forecast | $0.01 | $-0.00 | $-0.02 | $-0.02 | - | $-0.01 | $-0.02 | $-0.02 | - | $-0.02 | $-0.03 | $-0.05 | $-0.04 | $-0.04 | $-0.07 | $-0.06 | $-0.08 | $-0.08 | $-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 | $0.01 | $-0.00 | $-0.02 | $-0.02 | - | $-0.01 | $-0.02 | $-0.02 | $0.01 | $-0.02 | $-0.03 | $-0.05 | $-0.04 | $-0.01 | $-0.06 | $-0.06 | $-0.08 | $-0.08 | $-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 | $-0.00 | $-0.02 | $-0.02 | - | $-0.01 | $-0.02 | $-0.02 | - | $-0.02 | $-0.03 | $-0.05 | $-0.04 | $-0.05 | $-0.07 | $-0.06 | $-0.08 | $-0.08 | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | - | - | 1.27% | 4.94% | - | - | 3.28% | 1.80% | - | - | -2.10% | 65.90% | - | - |
According to undefined Wall Street analysts, BlackBerry's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to BB previous annual EPS of $NaN (undefined).
BlackBerry Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GCT | GigaCloud | - | - | 96.08% | Buy |
| ALAR | Alarum | - | - | 84.21% | Buy |
| PATH | UiPath | - | - | 78.58% | Hold |
| BB | BlackBerry | - | - | 77.87% | Buy |
| OKTA | Okta | - | - | 52.76% | Hold |
| SQ | Block | - | - | 40.36% | Buy |
| ADBE | Adobe | - | - | 15.60% | Buy |
| ZS | Zscaler | - | - | 10.64% | Buy |
| ARQQ | Arqit Quantum | - | - | 8.36% | Buy |
| MSFT | Microsoft | - | - | 6.11% | Buy |
| DLO | DLocal | - | - | 2.28% | Hold |
| NET | Cloudflare | - | - | -8.42% | Hold |
| NTNX | Nutanix | - | - | -13.60% | Buy |
| PANW | Palo Alto Networks | - | - | -14.91% | Buy |
| AFRM | Affirm | - | - | -30.44% | Buy |
| TOST | Toast | - | - | -35.35% | Hold |