BlackBerry Ltd (NYSE:BB) has a beta value of 1.52 and has seen 1.53 million shares traded in the recent trading session. The BB stock price is -53.32% off its 52-week high price of $6.24 and 50.61% above the 52-week low of $2.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.44 million shares traded. The 3-month trading volume is 14.71 million shares.
The consensus among analysts is that BlackBerry Ltd (BB) is Buy stock at the moment, with a recommendation rating of 2.90. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 20 have rated it as a Hold, with 12 advising it as a Buy. 0 have rated the stock as Underweight.
BlackBerry Ltd (NYSE:BB) trade information
Sporting -0.12% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BB stock price touched $4.07 or saw a rise of 2.86%. Year-to-date, BlackBerry Ltd shares have moved 62.60%, while the 5-day performance has seen it change -1.57%. Over the past 30 days, the shares of BlackBerry Ltd (NYSE:BB) have changed -0.37%. Short interest in the company has seen 35.74 million shares shorted with days to cover at 3.27.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could drop -1.75% from the levels at last check today.. The projected low price target is $3.75 while the price target rests at a high of $4.25. In that case, then, we find that the latest price level in today’s session is -4.42% off the targeted high while a plunge would see the stock lose 7.86% from the levels at last check today..
BlackBerry Ltd (BB) estimates and forecasts
The company’s shares have gained 3.17% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 11.28% over the past 5 years.
BB Dividends
BlackBerry Ltd is expected to release its next earnings report on 2025-Jun-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
BlackBerry Ltd (NYSE:BB)’s Major holders
Insiders own 1.75% of the company shares, while shares held by institutions stand at 47.92% with a share float percentage of 48.78%. Investors are also buoyed by the number of investors in a company, with BlackBerry Ltd having a total of 319.0 institutions that hold shares in the company. The top two institutional holders are FAIRFAX FINANCIAL HOLDINGS LTD/ CAN with over 46.72 million shares worth more than $116.34 million. As of 2024-06-30, FAIRFAX FINANCIAL HOLDINGS LTD/ CAN held 7.9218% of shares outstanding.
The other major institutional holder is PRIMECAP MANAGEMENT CO/CA/, with the holding of over 33.33 million shares as of 2024-06-30. The firm’s total holdings are worth over $82.66 million and represent 5.6509% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are GLOBAL X FUNDS-Global X Cybersecurity ETF and First TRT Exch-Trd Fd. II-First TRT NASDAQ Cybersecurity ETF . As of May 31, 2025 , the former fund manager holds about 2.28% shares in the company for having 13.56 shares of worth $54.86 million while later fund manager owns 12.8 shares of worth $51.76 million as of May 31, 2025 , which makes it owner of about 2.15% of company’s outstanding stock.
