BlackBerry Limited (BB)
NYSE: BB · IEX Real-Time Price · USD
2.450
+0.030 (1.24%)
Jul 2, 2024, 4:00 PM EDT - Market closed
BlackBerry Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for BlackBerry stock have an average target of 3.49, with a low estimate of 2.70 and a high estimate of 4.75. The average target predicts an increase of 42.45% from the current stock price of 2.45.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BlackBerry stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Maintains $5.5 → $4.75 | Hold | Maintains | $5.5 → $4.75 | +93.88% | Jun 28, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $3 | Hold | Reiterates | $3 | +22.45% | Jun 27, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $3.25 → $2.7 | Hold | Maintains | $3.25 → $2.7 | +10.20% | Jun 27, 2024 |
| CIBC | CIBC | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jun 27, 2024 |
| Baird | Baird | Hold Maintains $3.5 → $3 | Hold | Maintains | $3.5 → $3 | +22.45% | Jun 27, 2024 |
Financial Forecast
Revenue This Year
619.31M
from 853.00M
Decreased by -27.40%
Revenue Next Year
675.80M
from 619.31M
Increased by 9.12%
EPS This Year
-0.04
from -0.22
EPS Next Year
0.04
from -0.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 645.8M | 735.0M | 2.5B |
| Avg | 619.3M | 675.8M | 2.4B |
| Low | 583.4M | 610.6M | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -24.3% | 18.7% | 269.2% |
| Avg | -27.4% | 9.1% | 262.1% |
| Low | -31.6% | -1.4% | 244.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 0.06 | 0.12 | 0.18 | 0.24 |
| Avg | -0.04 | 0.04 | 0.11 | 0.18 | 0.24 |
| Low | -0.06 | - | 0.11 | 0.17 | 0.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 227.0% | 57.5% | 37.9% |
| Avg | - | - | 220.8% | 54.5% | 35.3% |
| Low | - | - | 205.2% | 47.0% | 28.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.