Blackberry Stock Today
| BB Stock | USD 2.48 0.07 2.90% |
Performance0 of 100
| Odds Of DistressLess than 31
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BlackBerry is trading at 2.48 as of the 26th of July 2024, a 2.90 percent increase since the beginning of the trading day. The stock's open price was 2.41. 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 27th of April 2024 and ending today, the 26th of July 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 590.17 M outstanding shares of which 32.72 M shares are currently sold short in the market by investors with about 2.57 days to cover all shorted shares. More on BlackBerry
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BlackBerry Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | John Chen | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Business Services (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Systems Software, Software - Infrastructure, Information Technology, NYSE Composite, Nasdaq CTA Artificial, SBF 120, CAC All Shares, CAC All-Tradable, SBF 120 Gross, Business Services, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsBlackBerry can leverage 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.
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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 1.46 B. BlackBerry is active under Software sector as part of Information Technology industry. The entity has 590.17 M outstanding shares of which 32.72 M shares are currently sold short in the market by investors with about 2.57 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.
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Ownership AllocationBlackBerry holds a total of 590.17 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. 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.
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BlackBerry Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Covalis Capital Llp | 2024-03-31 | 3.6 M | |
| Royal Bank Of Canada | 2024-03-31 | 3.2 M | |
| Dimensional Fund Advisors, Inc. | 2024-03-31 | 2.8 M | |
| Susquehanna International Group, Llp | 2024-03-31 | 2.4 M | |
| Jpmorgan Chase & Co | 2024-03-31 | 2.2 M | |
| Blackrock Inc | 2024-03-31 | 1.9 M | |
| Jane Street Group, Llc | 2023-12-31 | 1.8 M | |
| Canada Pension Plan Investment Board | 2024-03-31 | 1.7 M | |
| Point72 Asset Management, L.p. | 2024-03-31 | 1.5 M | |
| First Trust Advisors L.p. | 2024-03-31 | 52.5 M | |
| Fairfax Financial Holdings Ltd | 2024-03-31 | 46.7 M |
BlackBerry Historical Income Statement
BlackBerry Stock Against Markets
BlackBerry Corporate Directors
| Barbara Stymiest | Independent Director | Profile | |
| Laurie Alsup | Independent Director | Profile | |
| Michael Daniels | Independent Director | Profile | |
| Wayne Wouters | Independent Director | Profile |
Additional Information and Resources on Investing in BlackBerry Stock
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 closely tied 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.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Systems Software space 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 (0.27) | Revenue Per Share 1.064 | Quarterly Revenue Growth (0.61) | Return On Assets (0.03) | Return On Equity (0.20) |
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.