In last trading session, BlackBerry Ltd (NYSE:BB) saw 26.81 million shares changing hands with its beta currently measuring 1.29. Company’s recent per share price level of $5.86 trading at -$0.21 or -3.46% at ring of the bell on the day assigns it a market valuation of $3.47B. That closing price of BB’s stock is at a discount of -6.48% from its 52-week high price of $6.24 and is indicating a premium of 65.7% from its 52-week low price of $2.01.
For BlackBerry Ltd (BB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 20 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 12 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.0 in the current quarter.
BlackBerry Ltd (NYSE:BB) trade information
Upright in the red during last session for losing -3.46%, in the last five days BB remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $5.86 price level, adding 6.09% to its value on the day. BlackBerry Ltd’s shares saw a change of 55.03% in year-to-date performance and have moved 11.20% in past 5-day. BlackBerry Ltd (NYSE:BB) showed a performance of 46.87% in past 30-days.
Wall Street analysts have assigned a consensus price target of 2.8 to the stock, which implies a fall of -109.29% to its current value. Analysts have been projecting 2.8 as a low price target for the stock while placing it at a high target of 2.8. It follows that stock’s current price would jump 52.22% in reaching the projected high whereas dropping to the targeted low would mean a gain of 52.22% for stock’s current value.
BlackBerry Ltd (BB) estimates and forecasts
This year revenue growth is estimated to fall -33.83% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 137.56M for the same. And 4 analysts are in estimates of company making revenue of 128.57M in the next quarter. Company posted 173M and 144M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -84.00% while estimates for its earnings growth in next 5 years are of 21.64%.
BlackBerry Ltd (NYSE:BB)’s Major holders
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN is the top institutional holder at BB for having 46.72 million shares of worth $116.34 million. And as of 2024-06-30, it was holding 7.9218 of the company’s outstanding shares.
The second largest institutional holder is PRIMECAP MANAGEMENT CO/CA/, which was holding about 33.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.6509 of outstanding shares, having a total worth of $82.66 million.
