BlackBerry Limited (NYSE:BB) Given Consensus Rating of “Hold” by Analysts

Posted by Francis Steltz on Jul 12th, 2026

BlackBerry Limited (NYSE:BB – Get Free Report) has earned a consensus rating of “Hold” from the eleven research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $8.9222.

BB has been the subject of a number of research analyst reports. TD Securities reiterated a “hold” rating and issued a $8.00 price target on shares of BlackBerry in a report on Friday, June 26th. Weiss Ratings downgraded shares of BlackBerry from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research report on Monday, June 8th. TD increased their target price on shares of BlackBerry from $5.00 to $8.00 and gave the company a “hold” rating in a report on Friday, June 26th. Finally, Canadian Imperial Bank of Commerce boosted their price target on BlackBerry from $10.00 to $13.00 and gave the stock an “outperformer” rating in a research note on Friday, June 26th.

View Our Latest Report on BB

Insider Transactions at BlackBerry

In related news, insider Philip S. Kurtz sold 6,414 shares of BlackBerry stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $11.07, for a total transaction of $71,002.98. Following the completion of the transaction, the insider directly owned 125,158 shares of the company’s stock, valued at approximately $1,385,499.06. The trade was a 4.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO John Joseph Giamatteo sold 152,012 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $11.35, for a total value of $1,725,336.20. Following the sale, the chief executive officer owned 687,246 shares in the company, valued at approximately $7,800,242.10. The trade was a 18.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 355,858 shares of company stock valued at $4,012,270. Company insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On BlackBerry

Large investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC purchased a new position in BlackBerry during the 2nd quarter valued at about $31,000. Elevation Wealth Partners LLC purchased a new stake in shares of BlackBerry in the second quarter valued at about $32,000. Delos Wealth Advisors LLC acquired a new stake in shares of BlackBerry in the third quarter valued at approximately $34,000. Wealthfront Advisers LLC acquired a new stake in shares of BlackBerry in the first quarter valued at approximately $34,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of BlackBerry during the 1st quarter worth approximately $37,000. 54.48% of the stock is owned by institutional investors and hedge funds.

BlackBerry Price Performance

Shares of BlackBerry stock traded down $0.46 during trading on Friday, reaching $10.97. The company’s stock had a trading volume of 17,626,175 shares, compared to its average volume of 31,549,920. The business has a 50 day moving average price of $8.81 and a 200-day moving average price of $5.53. BlackBerry has a 12-month low of $3.12 and a 12-month high of $13.59. The company has a market capitalization of $6.43 billion, a P/E ratio of 121.96 and a beta of 2.20. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.26.

BlackBerry (NYSE:BB – Get Free Report) last released its quarterly earnings data on Thursday, June 25th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. BlackBerry had a return on equity of 11.66% and a net margin of 10.31%.The firm had revenue of $152.90 million during the quarter, compared to analysts’ expectations of $136.10 million. During the same quarter in the prior year, the business posted $0.02 earnings per share. BlackBerry’s revenue was up 25.6% compared to the same quarter last year. BlackBerry has set its FY 2027 guidance at 0.160-0.200 EPS and its Q2 2027 guidance at 0.030-0.040 EPS. As a group, sell-side analysts anticipate that BlackBerry will post 0.13 EPS for the current year.

BlackBerry Company Profile

(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.