BlackBerry Limited (BB)

NYSE: BB · Real-Time Price · USD
3.680
-0.140 (-3.66%)
At close: Jan 3, 2025, 4:00 PM
3.670
-0.010 (-0.27%)
After-hours: Jan 3, 2025, 6:51 PM EST
-3.66%
Market Cap 2.18B
Revenue (ttm) 638.00M
Net Income (ttm) -128.00M
Shares Out 591.58M
EPS (ttm) -0.22
PE Ratio n/a
Forward PE 35.53
Dividend n/a
Ex-Dividend Date n/a
Volume 16,082,301
Open 3.870
Previous Close 3.820
Day's Range 3.620 - 3.900
52-Week Range 2.010 - 4.100
Beta 1.07
Analysts Buy
Price Target 3.70 (+0.54%)
Earnings Date Dec 19, 2024

About BB

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE™, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and... [Read more]

Sector Technology
IPO Date Dec 8, 1997
Employees 2,647
Stock Exchange NYSE
Ticker Symbol BB
Full Company Profile

Financial Performance

In 2023, BlackBerry's revenue was $853.00 million, an increase of 30.03% compared to the previous year's $656.00 million. Losses were -$130.00 million, -82.29% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for BB stock is "Buy." The 12-month stock price forecast is $3.7, which is an increase of 0.54% from the latest price.

Price Target
$3.7
(0.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BlackBerry Unveils Strategic Relaunch of QNX Brand to Reinforce Leadership in Automotive and General Embedded Industries

Divisional Name Change Builds on Brand Strength and Trust in QNX's Foundational Software WATERLOO, ON / ACCESSWIRE / January 2, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced a divisional...

3 days ago - Accesswire

BlackBerry Q3: The Cylance Aftermath

BlackBerry's divestiture of its Cylance assets highlighted ongoing revenue struggles and failed growth initiatives in cybersecurity. BlackBerry's revenue forecast was weak, with analysts still lowerin...

15 days ago - Seeking Alpha

BlackBerry Growth Hinge On IoT, Secure Communications Despite Valuation Concerns: Analyst

BlackBerry Ltd BB stock surged upwards on Friday. The company reported third-quarter results after the market closed on Thursday.

16 days ago - Benzinga

3 Good Things About BlackBerry Q3 Earnings (Rating Upgrade)

BlackBerry stock surged from $2.35 to $3.49, driven by profitable Q3 results, with a gross margin of 74% and IoT revenue growth of 13%. The sale of BlackBerry Cylance will strengthen the balance sheet...

16 days ago - Seeking Alpha

BlackBerry Limited (BB) Q3 2025 Earnings Call Transcript

BlackBerry Limited (NYSE:BB) Q3 2025 Results Conference Call December 19, 2024 5:30 PM ET Company Participants Martha Gonder - Director of Investor Relations John Giamatteo - Chief Executive Officer ...

16 days ago - Seeking Alpha

BlackBerry Reports Third Quarter Fiscal Year 2025 Results

Beats top end of revenue guidance range for both Cybersecurity1 and IoT divisions; raises bottom end of full-year guidance range for IoT Delivers positive adjusted EBITDA1 and adjusted EPS1 above guid...

17 days ago - Accesswire

BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018

Arctic Wolf has acquired Cylance, BlackBerry's beleaguered cybersecurity business, for $160 million — a significant write-down from the $1.4 billion BlackBerry paid to acquire the company in 2018.

20 days ago - TechCrunch

Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance

Arctic Wolf to enhance its Security Operations Aurora Platform with best-in-class endpoint prevention, detection, and response WATERLOO, ON and EDEN PRAIRIE, MN / ACCESSWIRE / December 16, 2024 / Arct...

20 days ago - Accesswire

BlackBerry: Scraping Off The Bottom

BlackBerry Limited's shift to IoT and Cybersecurity shows promise, but the business model lacks excitement despite recent signs of reaching bottom. The upcoming FQ3 results are crucial to prove growth...

23 days ago - Seeking Alpha

BlackBerry QNX and TTTech Auto Launch New MotionWise Scheduling Solution for QNX 8

Developers can now easily manage complex software workloads using pre-determined runtime scheduling capabilities WATERLOO, ON / ACCESSWIRE / December 10, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) an...

26 days ago - Accesswire

BlackBerry to Announce Third Quarter Fiscal Year 2025 Results on December 19, 2024

WATERLOO, ON / ACCESSWIRE / December 5, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) will report results for the third quarter of fiscal year 2025 at 5:30 p.m. ET on Thursday, December 19, 2024.

4 weeks ago - Accesswire

BlackBerry AtHoc "In Process" Finalization for FedRAMP High Authorization

Once approved, BlackBerry AtHoc will be the first critical event management solution to achieve FedRAMP High Authorization WATERLOO, ON / ACCESSWIRE / November 21, 2024 / BlackBerry Limited (NYSE:BB)(...

6 weeks ago - Accesswire

BlackBerry Limited (BB) CEO John Giamatteo Hosts RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference (Transcript)

BlackBerry Limited (NYSE:BB) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference Call November 19, 2024 3:20 PM ET Company Participants John Giamatteo - Chief Exe...

6 weeks ago - Seeking Alpha

BlackBerry integrates Avathon platform into AtHoc critical event management solution

PLEASANTON, Calif. , Nov. 19, 2024 /PRNewswire/ -- Avathon, provider of the leading AI platform for industrial operations, has partnered with BlackBerry, enhancing the BlackBerry® AtHoc® critical even...

6 weeks ago - PRNewsWire

BlackBerry Welcomes Canada's Support To Enhance Cyber Resilience in Southeast Asia

In collaboration with Toronto Metropolitan University, the Government of Canada will invest $3.9M CAD in the Malaysia Cybersecurity Center of Excellence to strengthen cybersecurity partnerships and ex...

6 weeks ago - Accesswire

Hyundai Mobis Selects BlackBerry QNX to Power Next-Generation Digital Cockpit Platform

Turnkey platform expected to be adopted by multiple global automakers WATERLOO, ON and SEOUL, SOUTH KOREA / ACCESSWIRE / November 6, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced Hyundai...

2 months ago - Accesswire

BlackBerry to Participate in Upcoming Investor Events

BlackBerry Executives to speak at upcoming RBC & TD Securities conferences WATERLOO, ON / ACCESSWIRE / November 5, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced its participation at the ...

2 months ago - Accesswire

BlackBerry QNX Introduces Software-Defined Functional Safety Platform In Collaboration With Intel For Industrial Automation

Joint safety-certified platform offers manufacturers a simplified path to building reliable, safe, and secure industrial automation solutions WATERLOO, ON / ACCESSWIRE / October 31, 2024 / BlackBerry ...

2 months ago - Accesswire

BlackBerry Partners with ISC2 to Advance Cybersecurity Skills in Malaysia

Malaysia's Cybersecurity Center of Excellence marks first six months, expands Cybersecurity Curriculum with more globally-certified training programs to help upskill cyber professionals in ASEAN KUALA...

2 months ago - Accesswire

BlackBerry Sees Rising Profitability Through Focus on Growth Opportunities

The Canadian company told investors its immediate priority was streamlining investments in its Cylance cybersecurity unit and focusing on opportunities for growth, mainly QNX.

2 months ago - WSJ

BlackBerry exploring options for Cylance business

BlackBerry forecast profit for its next fiscal year above market estimates and said it was exploring options for its Cylance business, sending shares of the Canadian company more than 4% higher on Wed...

2 months ago - Reuters

BlackBerry Outlines Path to Revenue Growth and Profitability at 2024 Investor Day

WATERLOO, ON / ACCESSWIRE / October 16, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) held its 2024 Investor Day today, as part of its commitment to delivering greater transparency to investors. At the ...

2 months ago - Accesswire

QNX Embedded Technology Powers 255 Million Vehicles On The Road Today

Automakers choose trusted QNX safety and security-certified software to drive high performance and critical functionalities in autonomous and connected vehicles WATERLOO, ON / ACCESSWIRE / October 15,...

2 months ago - Accesswire

BlackBerry QNX Research Reveals Rising Pressure on Software Engineers Leads to Critical Trade-Offs in Safety and Security

75% of Developers Admit Deadline Urgency Often Compromises Functional Safety, Highlighting the Tension Between Rapid Innovation and Maintaining Certified, Robust Systems WATERLOO, ON / ACCESSWIRE / Oc...

3 months ago - Accesswire

LDRA Supports BlackBerry QNX Software Development Platform 8.0 (SDP 8.0) for Automotive, Robotics and Industrial Control

WIRRAL, England--(BUSINESS WIRE)-- #ARMEmbedded--Continuing to lead the industry in enabling developers to assure software quality, safety, and security standards compliance, LDRA today announced that...

3 months ago - Business Wire