BlackBerry Limited (BB)
NYSE: BB · Real-Time Price · USD
2.350
+0.040 (1.73%)
Nov 21, 2024, 12:54 PM EST - Market open
BlackBerry Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for BlackBerry stock have an average target of 3.39, with a low estimate of 2.80 and a high estimate of 4.75. The average target predicts an increase of 44.26% from the current stock price of 2.35.
Analyst Consensus: Hold
* Price targets were last updated on Oct 18, 2024.
Analyst Ratings
The average analyst rating for BlackBerry stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 5 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $2.7 → $2.8 | Hold | Maintains | $2.7 → $2.8 | +19.15% | Oct 18, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $3 | Hold | Reiterates | $3 | +27.66% | Sep 27, 2024 |
| Raymond James | Raymond James | Hold Maintains $5.5 → $4.75 | Hold | Maintains | $5.5 → $4.75 | +102.13% | Jun 28, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $3 | Hold | Reiterates | $3 | +27.66% | Jun 27, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $3.25 → $2.7 | Hold | Maintains | $3.25 → $2.7 | +14.89% | Jun 27, 2024 |
Financial Forecast
Revenue This Year
621.21M
from 853.00M
Decreased by -27.17%
Revenue Next Year
668.72M
from 621.21M
Increased by 7.65%
EPS This Year
-0.02
from -0.22
EPS Next Year
0.06
from -0.02
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 646.8M | 735.0M | 711.4M |
| Avg | 621.2M | 668.7M | 686.5M |
| Low | 587.3M | 610.5M | 637.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -24.2% | 18.3% | 6.4% |
| Avg | -27.2% | 7.6% | 2.7% |
| Low | -31.1% | -1.7% | -4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 135.6% | ||
| Avg | - | - | 89.6% | ||
| 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.