Blackberry Stock Today

BB Stock  USD 2.61  0.04  1.56%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 29

 
High
 
Low
Below Average
BlackBerry is trading at 2.61 as of the 28th of November 2024, a 1.56 percent increase since the beginning of the trading day. The stock's open price was 2.57. BlackBerry has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for BlackBerry are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
8th of December 1997
Category
Technology
Classification
Information Technology
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. Blackberry is traded on New York Stock Exchange in the United States. The company has 590.73 M outstanding shares of which 26.98 M shares are currently sold short in the market by investors with about 3.15 days to cover all shorted shares. More on BlackBerry

BlackBerry Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanJohn Chen
Thematic IdeaBusiness Services (View all Themes)
Business ConcentrationSystems Software, Software - Infrastructure, Information Technology, NYSE Composite, SBF 120 Gross, SBF 120, Nasdaq CTA Artificial, CAC All Shares, CAC All-Tradable, CAC Consumer Service, SP TSX Composite, CAC All Tradable, CAC Mid 60, CAC Mid Small, CAC All-Tradable Net, Business Services, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.480.6115
Significantly Down
Slightly volatile
Total Current Liabilities338.2 M356 M
Notably Down
Slightly volatile
Non Current Liabilities Total407 M263 M
Way Up
Pretty Stable
Total Assets1.3 B1.4 B
Notably Down
Slightly volatile
Total Current Assets482.6 M508 M
Notably Down
Slightly volatile
Debt Levels
BlackBerry can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlackBerry's financial leverage. It provides some insight into what part of BlackBerry's total assets is financed by creditors.
Liquidity
BlackBerry reports 252 M of total liabilities with total debt to equity ratio (D/E) of 0.4, which is normal for its line of buisiness. BlackBerry has a current ratio of 1.78, which is generally considered normal. Note however, debt could still be an excellent tool for BlackBerry to invest in growth at high rates of return.

Change To Inventory

(1.09)
BlackBerry (BB) is traded on New York Stock Exchange in USA. It is located in 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7 and employs 2,647 people. BlackBerry is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 1.54 B. BlackBerry is active under Software sector as part of Information Technology industry. The entity has 590.73 M outstanding shares of which 26.98 M shares are currently sold short in the market by investors with about 3.15 days to cover all shorted shares. BlackBerry reports about 295 M in cash with (3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11.
Check BlackBerry Probability Of Bankruptcy
Ownership Allocation
BlackBerry holds a total of 590.73 Million outstanding shares. 30% of BlackBerry outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BlackBerry Ownership Details

BlackBerry Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
3.1 M
Goldman Sachs Group Inc2024-06-30
2.1 M
Royal Bank Of Canada2024-06-30
1.9 M
Hrt Financial Llc2024-06-30
1.9 M
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2024-09-30
1.8 M
Blackrock Inc2024-06-30
1.8 M
Bank Of Montreal2024-06-30
1.7 M
Bmo Capital Markets Corp.2024-06-30
1.7 M
Jpmorgan Chase & Co2024-06-30
1.7 M
Fairfax Financial Holdings Ltd2024-09-30
46.7 M
Legal & General Group Plc2024-06-30
28.7 M
View BlackBerry Diagnostics

BlackBerry Historical Income Statement

At present, BlackBerry's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 25.2 M, whereas Depreciation And Amortization is forecasted to decline to about 56 M. View More Fundamentals

BlackBerry Stock Against Markets

BlackBerry Corporate Directors

Barbara StymiestIndependent DirectorProfile
Laurie AlsupIndependent DirectorProfile
Michael DanielsIndependent DirectorProfile
Wayne WoutersIndependent DirectorProfile
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.
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Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackBerry. If investors know BlackBerry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
1.083
Quarterly Revenue Growth
0.098
Return On Assets
(0.02)
Return On Equity
(0.18)
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.