Blackberry Stock Today

BB Stock  USD 2.75  0.04  1.43%   

Performance

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Odds Of Distress

Less than 31

 
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BlackBerry is trading at 2.75 as of the 20th of April 2024, a -1.43 percent down since the beginning of the trading day. The stock's open price was 2.79. BlackBerry has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for BlackBerry are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
8th of December 1997
Category
Technology
Classification
Information Technology
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. Blackberry is traded on New York Stock Exchange in the United States. The company has 589.23 M outstanding shares of which 47.87 M shares are currently sold short in the market by investors with about 4.33 days to cover all shorted shares. More on BlackBerry

Moving against BlackBerry Stock

  0.42VRNT Verint Systems Financial Report 5th of June 2024 PairCorr
  0.42EEFT Euronet Worldwide Financial Report 7th of May 2024 PairCorr

BlackBerry Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BlackBerry's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackBerry or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanJohn Chen
Thematic IdeaBusiness Services (View all Themes)
Business ConcentrationSystems Software, Software - Infrastructure, Information Technology, NYSE Composite, SBF 120, SBF 120 Gross, Nasdaq CTA Artificial, Business Services, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering BlackBerry report their recommendations after researching BlackBerry's financial statements, talking to executives and customers, or listening in on BlackBerry's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BlackBerry. The BlackBerry consensus assessment is calculated by taking the average forecast from all of the analysts covering BlackBerry.
BlackBerry's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BlackBerry's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlackBerry's financial leverage. It provides some insight into what part of BlackBerry's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on BlackBerry's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how BlackBerry deploys its capital and how much of that capital is borrowed.
Liquidity
BlackBerry cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 251.65 M of total liabilities with total debt to equity ratio (D/E) of 0.4, which is normal for its line of buisiness. BlackBerry has a current ratio of 1.78, which is generally considered normal. Debt can assist BlackBerry until it has trouble settling it off, either with new capital or with free cash flow. So, BlackBerry's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BlackBerry sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackBerry to invest in growth at high rates of return. When we think about BlackBerry's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(1.09)
BlackBerry (BB) is traded on New York Stock Exchange in USA. It is located in 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7 and employs 2,647 people. BlackBerry is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 1.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BlackBerry's market, we take the total number of its shares issued and multiply it by BlackBerry's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BlackBerry is active under Software sector as part of Information Technology industry. The entity has 589.23 M outstanding shares of which 47.87 M shares are currently sold short in the market by investors with about 4.33 days to cover all shorted shares. BlackBerry reports about 295 M in cash with (2.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11.
Check BlackBerry Probability Of Bankruptcy
Ownership Allocation
BlackBerry holds a total of 589.23 Million outstanding shares. Over half of BlackBerry's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in BlackBerry. Please watch out for any change in the institutional holdings of BlackBerry as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BlackBerry Ownership Details

BlackBerry Stock Price Odds Analysis

What are BlackBerry's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of BlackBerry jumping above the current price in 90 days from now is about 66.81%. The BlackBerry probability density function shows the probability of BlackBerry stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 2.0137 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BlackBerry will likely underperform. Additionally, blackBerry has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 2.75HorizonTargetOdds Above 2.75
33.03%90 days
 2.75 
66.81%
Based on a normal probability distribution, the odds of BlackBerry to move above the current price in 90 days from now is about 66.81 (This BlackBerry probability density function shows the probability of BlackBerry Stock to fall within a particular range of prices over 90 days) .

BlackBerry Stock Institutional Holders

Institutional Holdings refers to the ownership stake in BlackBerry that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BlackBerry's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BlackBerry's value.
InstituionRecorded OnShares
Hawk Ridge Management Llc2023-09-30
4.5 M
Great West Life Assurance Co2023-12-31
2.6 M
D. E. Shaw & Co Lp2023-09-30
2.5 M
Dimensional Fund Advisors, Inc.2023-12-31
2.3 M
Royal Bank Of Canada2023-12-31
2.1 M
Blackrock Inc2023-12-31
2.1 M
Goldman Sachs Group Inc2023-12-31
1.9 M
Jane Street Group, Llc2023-12-31
1.8 M
Susquehanna International Group, Llp2023-12-31
1.5 M
Fairfax Financial Holdings Ltd2023-12-31
46.7 M
Primecap Management Company2023-12-31
34.8 M
View BlackBerry Diagnostics

BlackBerry Historical Income Statement

BlackBerry Income Statement is one of the three primary financial statements used for reporting BlackBerry's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BlackBerry revenue and expense. BlackBerry Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, BlackBerry's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to about 179.6 M, whereas Depreciation And Amortization is forecasted to decline to about 55.7 M. View More Fundamentals

BlackBerry Stock Against Markets

Picking the right benchmark for BlackBerry stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BlackBerry stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BlackBerry is critical whether you are bullish or bearish towards BlackBerry at a given time. Please also check how BlackBerry's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BlackBerry without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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BlackBerry Corporate Directors

BlackBerry corporate directors refer to members of a BlackBerry board of directors. The board of directors generally takes responsibility for the BlackBerry's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BlackBerry's board members must vote for the resolution. The BlackBerry board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Barbara StymiestIndependent DirectorProfile
Laurie AlsupIndependent DirectorProfile
Michael DanielsIndependent DirectorProfile
Prem WatsaLead Independent DirectorProfile

How to buy BlackBerry Stock?

Before investing in BlackBerry, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BlackBerry. To buy BlackBerry stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of BlackBerry. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase BlackBerry stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located BlackBerry stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased BlackBerry stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BlackBerry, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BlackBerry Stock please use our How to Invest in BlackBerry guide.

Already Invested in BlackBerry?

The danger of trading BlackBerry is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BlackBerry is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BlackBerry. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BlackBerry is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.
Note that the BlackBerry information on this page should be used as a complementary analysis to other BlackBerry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for BlackBerry Stock analysis

When running BlackBerry's price analysis, check to measure BlackBerry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackBerry is operating at the current time. Most of BlackBerry's value examination focuses on studying past and present price action to predict the probability of BlackBerry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackBerry's price. Additionally, you may evaluate how the addition of BlackBerry to your portfolios can decrease your overall portfolio volatility.
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Is BlackBerry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackBerry. If investors know BlackBerry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Revenue Per Share
1.459
Quarterly Revenue Growth
0.146
Return On Assets
(0.01)
Return On Equity
(0.16)
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.