In the last trading session, 7.4 million BlackBerry Ltd (NYSE:BB) shares changed hands as the company’s beta touched 1.45. With the company’s per share price at $4.14 changed hands at -$0.07 or -1.66% during last session, the market valuation stood at $2.47B. BB’s last price was a discount, traded about -50.72% off its 52-week high of $6.24. The share price had its 52-week low at $2.01, which suggests the last value was 51.45% up since then.
Analysts gave the BlackBerry Ltd (BB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.75. If we narrow down to specifics, the data shows that 2 out of 20 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended BB as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight.
BlackBerry Ltd (NYSE:BB) trade information
Instantly BB was in red as seen at the end of in last trading. With action 4.28%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 9.52%, with the 5-day performance at 4.28% in the green. However, in the 30-day time frame, BlackBerry Ltd (NYSE:BB) is 8.66% up.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need a downside of -3.5% from its current market value. According to analyst projections, BB’s forecast low is 3.75 with 4.25 as the target high. To hit the forecast high, the stock’s price needs a -2.66% plunge from its current level, while the stock would need to tank 9.42% for it to hit the projected low.
BlackBerry Ltd (BB) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.28%. The 2025 estimates are for BlackBerry Ltd earnings to increase by 314.28%.
BlackBerry Ltd (NYSE:BB)’s Major holders
PRIMECAP MANAGEMENT CO/CA/ holds the second largest percentage of outstanding shares, with 5.6509% or 33.33 million shares worth $82.66 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were First TRT Exch-Trd Fd. II-First TRT NASDAQ Cybersecurity ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund. With 12.26 shares estimated at $50.74 million under it, the former controlled 2.05% of total outstanding shares. On the other hand, VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund held about 1.38% of the shares, roughly 8.26 shares worth around $34.22 million.
