BlackBerry Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for BlackBerry stock have an average target of 3.70, with a low estimate of 3.00 and a high estimate of 4.75. The average target predicts an increase of 0.27% from the current stock price of 3.69.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$3.00	$3.70	$3.50	$4.75
Change	-18.70%	+0.27%	-5.15%	+28.73%

Analyst Ratings

The average analyst rating for BlackBerry stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	1
Buy	1	1	1	1	1	1
Hold	5	5	5	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	5	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Chan TD Cowen	TD Cowen	Hold → Strong Buy Upgrades $3.25 → $4	Hold → Strong Buy	Upgrades	$3.25 → $4	+8.40%	Dec 20, 2024
Kingsley Crane Canaccord Genuity	Canaccord Genuity	Hold Maintains $2.8 → $3	Hold	Maintains	$2.8 → $3	-18.70%	Dec 20, 2024
Paul Treiber RBC Capital	RBC Capital	Hold Reiterates $3.25	Hold	Reiterates	$3.25	-11.92%	Dec 20, 2024
Luke Junk Baird	Baird	Hold Maintains $3 → $3.5	Hold	Maintains	$3 → $3.5	-5.15%	Dec 20, 2024
Paul Treiber RBC Capital	RBC Capital	Hold Maintains $3 → $3.25	Hold	Maintains	$3 → $3.25	-11.92%	Dec 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

621.21M

from 853.00M

-27.17%

from 853.00M

Revenue Next Year

668.72M

from 621.21M

7.65%

from 621.21M

EPS This Year

-0.02

from -0.22

EPS Next Year

0.06

from -0.02

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Feb 29, 2020	Feb 28, 2021	Feb 28, 2022	Feb 28, 2023	Feb 29, 2024	Mar 1, 2025	Mar 1, 2026	Feb 28, 2027
Revenue	1.04B	893.00M	718.00M	656.00M	853.00M	621.21M	668.72M	1.27B
Revenue Growth	15.04%	-14.13%	-19.60%	-8.64%	30.03%	-27.17%	7.65%	89.92%
EPS	-0.32	-1.97	-0.31	-1.35	-0.22	-0.02	0.06	0.11
EPS Growth	-	-	-	-	-	-	-	89.69%
Forward PE	-	-	-	-	-	-	63.69	33.58
No. Analysts	-	-	-	-	-	12	12	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	646.8M	735.0M	2.5B
Avg	621.2M	668.7M	1.3B
Low	587.3M	610.5M	637.0M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-24.2%	18.3%	273.1%
Avg	-27.2%	7.6%	89.9%
Low	-31.1%	-1.7%	-4.7%

EPS Forecast

EPS	2025	2026	2027
High	-0.01	0.11	0.14
Avg	-0.02	0.06	0.11
Low	-0.03	0.02	0.09

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	135.6%
Avg	-	-	89.7%
Low	-	-	52.2%

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.