BlackBerry Limited (BB)
NYSE: BB · IEX Real-Time Price · USD
2.870
-0.020 (-0.69%)
Apr 24, 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 4.50, with a low estimate of 3.00 and a high estimate of 6.50. The average target predicts an increase of 56.79% from the current stock price of 2.87.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $3 | Hold | Reiterates | $3 | +4.53% | Apr 4, 2024 |
| Baird | Baird | Hold Maintains $4.5 → $3.5 | Hold | Maintains | $4.5 → $3.5 | +21.95% | Feb 14, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | +4.53% | Feb 14, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $4.5 → $4 | Hold | Maintains | $4.5 → $4 | +39.37% | Dec 21, 2023 |
| Baird | Baird | Hold Maintains $5.5 → $5 | Hold | Maintains | $5.5 → $5 | +74.22% | Dec 21, 2023 |
Financial Forecast
Revenue This Year
649.61M
from 853.00M
Decreased by -23.84%
Revenue Next Year
701.88M
from 649.61M
Increased by 8.05%
EPS This Year
-0.02
from -0.22
EPS Next Year
0.04
from -0.02
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 739.0M | 841.2M | 958.6M |
| Avg | 649.6M | 701.9M | 940.3M |
| Low | 583.4M | 610.6M | 894.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.4% | 29.5% | 36.6% |
| Avg | -23.8% | 8.0% | 34.0% |
| Low | -31.6% | -6.0% | 27.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.06 | 0.08 | 0.12 | 0.36 | 0.45 |
| Avg | -0.02 | 0.04 | 0.11 | 0.35 | 0.44 |
| Low | -0.06 | - | 0.11 | 0.33 | 0.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 199.0% | 215.1% | 28.9% |
| Avg | - | - | 193.3% | 209.1% | 26.5% |
| Low | - | - | 179.1% | 194.1% | 20.3% |
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.