BlackBerry Limited (NYSE:BB) Receives $4.88 Consensus Price Target from Analysts

Posted by Brenda Bartman on May 29th, 2026

Shares of BlackBerry Limited (NYSE:BB – Get Free Report) have been assigned a consensus recommendation of “Hold” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $4.88.

BB has been the topic of several recent analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $4.50 target price on shares of BlackBerry in a research note on Friday, April 10th. Weiss Ratings upgraded shares of BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Finally, Canaccord Genuity Group lowered their target price on shares of BlackBerry from $4.60 to $4.40 and set a “hold” rating on the stock in a research note on Friday, April 10th.

Read Our Latest Report on BlackBerry

BlackBerry Trading Up 1.2%

Shares of BlackBerry stock opened at $8.77 on Friday. BlackBerry has a 12-month low of $3.12 and a 12-month high of $9.03. The company has a market cap of $5.15 billion, a price-to-earnings ratio of 109.69 and a beta of 2.10. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.26. The company’s 50-day moving average price is $5.05 and its 200-day moving average price is $4.26.

BlackBerry (NYSE:BB – Get Free Report) last announced its quarterly earnings results on Thursday, April 9th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02. BlackBerry had a net margin of 9.69% and a return on equity of 10.09%. The firm had revenue of $157.96 million for the quarter, compared to the consensus estimate of $144.27 million. During the same period in the prior year, the firm posted $0.03 earnings per share. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. On average, equities analysts expect that BlackBerry will post 0.13 earnings per share for the current fiscal year.

Insider Activity at BlackBerry

In other BlackBerry news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the stock in a transaction that occurred on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the sale, the senior vice president directly owned 94,903 shares in the company, valued at $337,854.68. This represents a 23.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO John Joseph Giamatteo sold 27,066 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total transaction of $96,354.96. Following the completion of the sale, the chief executive officer directly owned 899,146 shares in the company, valued at $3,200,959.76. This represents a 2.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 73,171 shares of company stock worth $260,489 over the last quarter. Corporate insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On BlackBerry

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Amundi raised its stake in BlackBerry by 52.7% in the first quarter. Amundi now owns 116,430 shares of the company’s stock valued at $377,000 after purchasing an additional 40,184 shares in the last quarter. Renaissance Technologies LLC raised its stake in BlackBerry by 139.2% in the first quarter. Renaissance Technologies LLC now owns 3,545,543 shares of the company’s stock valued at $11,488,000 after purchasing an additional 2,063,153 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in BlackBerry in the first quarter valued at approximately $34,000. Bank of New York Mellon Corp purchased a new stake in BlackBerry in the first quarter valued at approximately $37,000. Finally, V2 Financial group LLC raised its stake in BlackBerry by 6.8% in the first quarter. V2 Financial group LLC now owns 32,100 shares of the company’s stock valued at $104,000 after purchasing an additional 2,050 shares in the last quarter. 54.48% of the stock is owned by hedge funds and other institutional investors.

About BlackBerry

(Get Free Report)

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry’s core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.

At the heart of BlackBerry’s offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.