BlackBerry (BB) Stock Forecast, Price Target & Predictions


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BB Stock Forecast


BlackBerry (BB) stock forecast, based on 21 Wall Street analysts, predicts a 12-month average price target of $2.80, with a high of $2.80 and a low of $2.80. This represents a -35.48% decline from the last price of $4.34.

High: $2.8 Avg: $2.8 Low: $2.8 Last Closed Price: $4.34

BB Stock Rating


BlackBerry stock's rating consensus is Buy, based on 21 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (57.14%), 7 Hold (33.33%), 1 Sell (4.76%), and 1 Strong Sell (4.76%).

Buy
Total 21 1 1 7 12 0 Strong Sell Sell Hold Buy Strong Buy

BB Forecast vs Benchmarks


TypeNameUpside
StockBlackBerry-35.48%
SectorTechnology Stocks 13.03%

Price Target Trends


1M3M12M
# Anlaysts--6
Avg Price Target--$3.79
Last Closing Price$4.34$4.34$4.34
Upside/Downside---12.67%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-261-9
Dec, 241271-11
Nov, 2414102-17
Oct, 2414102-17
Sep, 2414102-17
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 18, 2024Kingsley CraneCanaccord Genuity$2.80$2.588.53%-35.48%
Jun 28, 2024Steven LiRaymond James$4.75$2.4593.88%9.45%
Jun 27, 2024Luke JunkRobert W. Baird$3.00$2.2135.75%-30.88%
Jun 27, 2024Michael WalkleyCanaccord Genuity$2.70$2.508.00%-37.79%
Jun 21, 2024Paul TreiberRBC Capital$3.00$2.3627.12%-30.88%
Apr 03, 2024Todd CouplandCIBC$6.50$2.82130.50%49.77%
Dec 21, 2023Paul TreiberRBC Capital$4.00$3.5612.36%-7.83%
Mar 30, 2023Paul TreiberRBC Capital$4.25$4.015.99%-2.07%
Jan 02, 2023Canaccord CanaccordCanaccord Genuity$4.50$3.2638.04%3.69%
Dec 21, 2022RBC Capital$5.50$4.0137.16%26.73%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 10, 2025RBC CapitalSector PerformSector Performhold
Dec 20, 2024TD SecuritiesHoldBuyupgrade
Dec 18, 2024TD SecuritiesHoldHoldhold
Nov 21, 2024BarclaysOverweightOverweighthold
Nov 04, 2024Cowen & Co.HoldHoldhold
Oct 29, 2024Bank of America SecuritiesUnderperformBuyupgrade
Oct 18, 2024Canaccord GenuityHoldHoldhold
Oct 14, 2024Bank of America SecuritiesBuyUnderperforminitialise
Sep 27, 2024RBC CapitalSector PerformSector Performhold
Sep 24, 2024CitigroupBuyBuyhold

Financial Forecast


EPS Forecast

Feb 20 Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Feb 20Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported$-0.27---$-0.22---
Avg Forecast$0.08$0.18$-0.16$-0.22$-0.01$0.01$0.05$0.09
High Forecast$0.08$0.17$-0.16$-0.23$-0.01$0.01$0.05$0.07
Low Forecast$0.09$0.18$-0.15$-0.22$-0.01$0.01$0.05$0.11
Surprise %-437.50%---2100.00%---

Revenue Forecast

$500M $630M $760M $890M $1B $1B Feb 20 Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Feb 20Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported$1.04B---$847.88M---
Avg Forecast$1.11B$941.48M$717.17M$664.01M$826.86M$549.78M$534.59M$558.81M
High Forecast$1.09B$927.27M$706.35M$658.32M$819.77M$545.07M$530.01M$548.50M
Low Forecast$1.14B$967.81M$737.22M$670.44M$834.87M$555.11M$539.77M$569.13M
Surprise %-6.35%---2.54%---

Net Income Forecast

$-3B $-2B $-2B $-900M $-200M $500M Feb 20 Mar 21 Mar 22 Mar 23 Feb 24 Mar 25 Mar 26 Mar 27
Feb 20Mar 21Mar 22Mar 23Feb 24Mar 25Mar 26Mar 27
Reported$-152.00M---$-129.22M---
Avg Forecast$48.44M$-2.27B$-91.15M$-131.12M$-569.00M$4.86M$31.72M$52.63M
High Forecast$47.49M$-2.72B$-94.47M$-132.77M$-806.02M$4.81M$31.35M$42.89M
Low Forecast$50.20M$-1.81B$-89.36M$-129.66M$-331.98M$4.92M$32.10M$62.38M
Surprise %-413.82%----77.29%---

BB Forecast FAQ


Is BlackBerry stock a buy?

BlackBerry stock has a consensus rating of Buy, based on 21 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 12 Buy, 7 Hold, 1 Sell, and 1 Strong Sell, reflecting a consensus that BlackBerry is a favorable investment for most analysts.

What is BlackBerry's price target?

BlackBerry's price target, set by 21 Wall Street analysts, averages $2.8 over the next 12 months. The price target range spans from $2.8 at the low end to $2.8 at the high end, suggesting a potential -35.48% change from the previous close price of $4.34.

How does BlackBerry stock forecast compare to the average forecast of its sector, industry, and investment themes?

BlackBerry stock forecast shows a -35.48% downside, underperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for BlackBerry over the past three months?

  • January 2025: 0% Strong Buy, 22.22% Buy, 66.67% Hold, 11.11% Sell, 0% Strong Sell.
  • December 2024: 9.09% Strong Buy, 18.18% Buy, 63.64% Hold, 9.09% Sell, 0% Strong Sell.
  • November 2024: 5.88% Strong Buy, 23.53% Buy, 58.82% Hold, 11.76% Sell, 0% Strong Sell.

What is BlackBerry’s EPS forecast?

BlackBerry's average annual EPS forecast for its fiscal year ending in February is 0.01 for 2025, a -104.55% decrease from the reported $-0.22 in 2024. The prediction for 2026 is $0.05, and $0.09 for 2027.

What is BlackBerry’s revenue forecast?

BlackBerry's average annual revenue forecast for its fiscal year ending in February is $549.78M for 2025, a -35.16% decrease from the reported $847.88M in 2024. The forecast for 2026 is $534.59M, and $558.81M for 2027.

What is BlackBerry’s net income forecast?

For its fiscal year ending in February, BlackBerry's average annual net income forecast is $4.86M for 2025, reflecting a -103.76% decrease from the reported $-129M in 2024. The projection for 2026 is $31.72M, and $52.63M for 2027.