(BB) BlackBerry - Overview
Stock: Secure Platform, QNX OS, Licensing
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 61.9% |
| Relative Tail Risk | -20.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.61 |
| Alpha | -51.87 |
| Character TTM | |
|---|---|
| Beta | 1.376 |
| Beta Downside | 1.228 |
| Drawdowns 3y | |
|---|---|
| Max DD | 62.32% |
| CAGR/Max DD | -0.09 |
Description: BB BlackBerry January 13, 2026
BlackBerry Limited (NYSE:BB) delivers cybersecurity-focused software and services to enterprise and government clients through three core segments: Secure Communications (including Dynamics, Workspaces, BBM Enterprise, SecuSUITE, AtHoc, and unified endpoint management), QNX (the automotive-grade operating system and related IVY data platform), and Licensing (patent licensing and consulting services). The portfolio spans secure mobile containers, encrypted messaging, critical event management, vehicle telematics, and elliptic-curve cryptography solutions.
Key recent metrics: FY 2023 revenue reached approximately $1.1 billion, with the QNX automotive segment posting a 22 % YoY growth driven by rising demand for over-the-air updates and data-centric services in electric-vehicle platforms. Cybersecurity spending in North America is expanding at roughly 10 % annually, supporting higher adoption rates for BlackBerry’s secure communications suite. The company’s licensing arm generated $85 million in royalty income, reflecting the continued relevance of its patented cryptographic patents.
For a deeper, data-driven assessment of BB’s valuation and risk profile, you may find a focused analysis on ValueRay worth reviewing.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 21.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 7.54 > 1.0 |
| NWC/Revenue: 49.15% < 20% (prev 21.72%; Δ 27.42% < -1%) |
| CFO/TA 0.04 > 3% & CFO 45.6m > Net Income 21.9m |
| Net Debt (-263.1m) to EBITDA (57.2m): -4.60 < 3 |
| Current Ratio: 2.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (598.1m) vs 12m ago 0.76% < -2% |
| Gross Margin: 74.99% > 18% (prev 0.74%; Δ 7425 % > 0.5%) |
| Asset Turnover: 44.14% > 50% (prev 43.25%; Δ 0.89% > 0%) |
| Interest Coverage Ratio: 6.91 > 6 (EBITDA TTM 57.2m / Interest Expense TTM 5.39m) |
Altman Z'' -2.98
| A: 0.23 (Total Current Assets 516.4m - Total Current Liabilities 252.5m) / Total Assets 1.12b |
| B: -1.95 (Retained Earnings -2.19b / Total Assets 1.12b) |
| C: 0.03 (EBIT TTM 37.2m / Avg Total Assets 1.22b) |
| D: 1.55 (Book Value of Equity 738.6m / Total Liabilities 475.7m) |
| Altman-Z'' Score: -2.98 = D |
Beneish M -3.01
| DSRI: 1.23 (Receivables 199.9m/172.0m, Revenue 537.0m/566.2m) |
| GMI: 0.99 (GM 74.99% / 74.14%) |
| AQI: 0.82 (AQ_t 0.51 / AQ_t-1 0.63) |
| SGI: 0.95 (Revenue 537.0m / 566.2m) |
| TATA: -0.02 (NI 21.9m - CFO 45.6m) / TA 1.12b) |
| Beneish M-Score: -3.01 (Cap -4..+1) = AA |
What is the price of BB shares?
Over the past week, the price has changed by -2.81%, over one month by -10.36%, over three months by -25.27% and over the past year by -37.55%.
Is BB a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the BB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 4.8 | 39.9% |
| Analysts Target Price | 4.8 | 39.9% |
| ValueRay Target Price | 3.3 | -3.8% |
BB Fundamental Data Overview February 03, 2026
P/E Forward = 21.8341
P/S = 3.9395
P/B = 2.9145
Revenue TTM = 537.0m USD
EBIT TTM = 37.2m USD
EBITDA TTM = 57.2m USD
Long Term Debt = 196.2m USD (from longTermDebt, last quarter)
Short Term Debt = 21.2m USD (from shortTermDebt, last quarter)
Debt = 21.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -263.1m USD (from netDebt column, last quarter)
Enterprise Value = 1.86b USD (2.11b + Debt 21.2m - CCE 270.3m)
Interest Coverage Ratio = 6.91 (Ebit TTM 37.2m / Interest Expense TTM 5.39m)
EV/FCF = 47.29x (Enterprise Value 1.86b / FCF TTM 39.3m)
FCF Yield = 2.11% (FCF TTM 39.3m / Enterprise Value 1.86b)
FCF Margin = 7.32% (FCF TTM 39.3m / Revenue TTM 537.0m)
Net Margin = 4.08% (Net Income TTM 21.9m / Revenue TTM 537.0m)
Gross Margin = 74.99% ((Revenue TTM 537.0m - Cost of Revenue TTM 134.3m) / Revenue TTM)
Gross Margin QoQ = 77.50% (prev 74.54%)
Tobins Q-Ratio = 1.65 (Enterprise Value 1.86b / Total Assets 1.12b)
Interest Expense / Debt = 7.06% (Interest Expense 1.50m / Debt 21.2m)
Taxrate = 7.43% (1.10m / 14.8m)
NOPAT = 34.4m (EBIT 37.2m * (1 - 7.43%))
Current Ratio = 2.05 (Total Current Assets 516.4m / Total Current Liabilities 252.5m)
Debt / Equity = 0.03 (Debt 21.2m / totalStockholderEquity, last quarter 738.7m)
Debt / EBITDA = -4.60 (Net Debt -263.1m / EBITDA 57.2m)
Debt / FCF = -6.70 (Net Debt -263.1m / FCF TTM 39.3m)
Total Stockholder Equity = 727.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.80% (Net Income 21.9m / Total Assets 1.12b)
RoE = 3.01% (Net Income TTM 21.9m / Total Stockholder Equity 727.2m)
RoCE = 4.03% (EBIT 37.2m / Capital Employed (Equity 727.2m + L.T.Debt 196.2m))
RoIC = 3.73% (NOPAT 34.4m / Invested Capital 923.5m)
WACC = 10.95% (E(2.11b)/V(2.13b) * Re(10.99%) + D(21.2m)/V(2.13b) * Rd(7.06%) * (1-Tc(0.07)))
Discount Rate = 10.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -3.22%
[DCF Debug] Terminal Value 58.24% ; FCFF base≈39.3m ; Y1≈25.8m ; Y5≈11.8m
Fair Price DCF = 0.71 (EV 153.7m - Net Debt -263.1m = Equity 416.8m / Shares 590.1m; r=10.95% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 51.78 | EPS CAGR: 53.60% | SUE: 0.37 | # QB: 0
Revenue Correlation: -49.73 | Revenue CAGR: -6.85% | SUE: 0.13 | # QB: 0
EPS next Quarter (2026-05-31): EPS=0.03 | Chg30d=-0.002 | Revisions Net=+1 | Analysts=4
EPS next Year (2027-02-28): EPS=0.16 | Chg30d=+0.004 | Revisions Net=+0 | Growth EPS=+12.8% | Growth Revenue=+7.4%