(BB) BlackBerry - Overview

Sector: Technology | Industry: Software - Infrastructure | Exchange: NYSE (USA) | Market Cap: 2.054m USD | Total Return: 23% in 12m

Security Software, Vehicle Data, Licensing, Critical Events
Total Rating 35
Safety 28
Buy Signal -1.24
Software - Infrastructure
Industry Rotation: -13.9
Market Cap: 2.05B
Avg Turnover: 28.2M USD
ATR: 3.66%
Peers RS (IBD): 72.4
Risk 5d forecast
Volatility44.3%
Rel. Tail Risk-13.0%
Reward TTM
Sharpe Ratio0.52
Alpha-36.99
Character TTM
Beta1.610
Beta Downside1.789
Drawdowns 3y
Max DD62.32%
CAGR/Max DD-0.11
EPS (Earnings per Share) EPS (Earnings per Share) of BB over the last years for every Quarter: "2021-02": 0.03, "2021-05": -0.05, "2021-08": -0.06, "2021-11": -0.0538, "2022-02": 0.01, "2022-05": -0.05, "2022-08": -0.05, "2022-11": -0.05, "2023-02": -0.02, "2023-05": 0.06, "2023-08": -0.04, "2023-11": 0.01, "2024-02": 0.03, "2024-05": -0.03, "2024-08": -0.0322, "2024-11": -0.02, "2025-02": -0.01, "2025-05": 0.02, "2025-08": 0.04, "2025-11": 0.02,
EPS CAGR: 20.30%
EPS Trend: 40.9%
Last SUE: -0.71
Qual. Beats: 0
Revenue Revenue of BB over the last years for every Quarter: 2021-02: 210, 2021-05: 174, 2021-08: 175, 2021-11: 184, 2022-02: 185, 2022-05: 168, 2022-08: 168, 2022-11: 169, 2023-02: 151, 2023-05: 373, 2023-08: 132, 2023-11: 152, 2024-02: 173, 2024-05: 123.4, 2024-08: 126.2, 2024-11: 143.6, 2025-02: 143.9, 2025-05: 121.7, 2025-08: 129.6, 2025-11: 141.8,
Rev. CAGR: -6.85%
Rev. Trend: -49.7%
Last SUE: 0.13
Qual. Beats: 0

Warnings

P/E ratio 87.0

Altman Z'' -2.47 < 1.0 - financial distress zone

Choppy

Tailwinds

No distinct edge detected

Description: BB BlackBerry

BlackBerry Ltd. provides security software and services to enterprises and governments. The company operates in three segments: Secure Communications, QNX, and Licensing.

BlackBerrys product offerings include secure mobile application development (BlackBerry Dynamics), secure file sharing (BlackBerry Workspaces), and secure messaging (BlackBerry Messenger Enterprise, BlackBerry SecuSUITE). These target the enterprise cybersecurity market. The company also offers critical event management (BlackBerry AtHoc) and unified endpoint management (UEM) solutions. UEM solutions integrate management of various device types across an organization.

Further products include cryptographic solutions (BlackBerry Certicom) for device security and authentication, and telematics for transportation and logistics (BlackBerry Radar). BlackBerry IVY is a vehicle data platform leveraging machine learning for automotive applications, a growing area in the connected vehicle sector. The company also engages in patent licensing and provides consulting services.

BlackBerry Ltd., incorporated in 1984 and headquartered in Waterloo, Canada, was formerly known as Research In Motion Limited, changing its name in 2013. For more detailed analysis, consider exploring ValueRays comprehensive reports.

Headlines to Watch Out For
  • QNX embedded software growth drives automotive sector revenue
  • Cybersecurity software sales boost enterprise segment performance
  • Patent licensing revenue provides significant income stream
  • IVY platform adoption critical for future growth
  • Enterprise software subscription renewals impact recurring revenue
Piotroski VR‑10 (Strict) 6.0
Net Income: 21.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 7.27 > 1.0
NWC/Revenue: 54.14% < 20% (prev 21.72%; Δ 32.41% < -1%)
CFO/TA 0.04 > 3% & CFO 45.6m > Net Income 21.9m
Net Debt (-41.9m) to EBITDA (57.2m): -0.73 < 3
Current Ratio: 2.15 > 1.5 & < 3
Outstanding Shares: last quarter (598.1m) vs 12m ago 0.76% < -2%
Gross Margin: 74.99% > 18% (prev 0.74%; Δ 7.42k% > 0.5%)
Asset Turnover: 42.49% > 50% (prev 43.25%; Δ -0.76% > 0%)
Interest Coverage Ratio: 6.91 > 6 (EBITDA TTM 57.2m / Interest Expense TTM 5.39m)
Altman Z'' -2.47
A: 0.24 (Total Current Assets 543.2m - Total Current Liabilities 252.5m) / Total Assets 1.22b
B: -1.80 (Retained Earnings -2.19b / Total Assets 1.22b)
C: 0.03 (EBIT TTM 37.2m / Avg Total Assets 1.26b)
D: 1.55 (Book Value of Equity 738.6m / Total Liabilities 475.7m)
Altman-Z'' Score: -2.47 = D
Beneish M -3.00
DSRI: 1.23 (Receivables 199.9m/172.0m, Revenue 537.0m/566.2m)
GMI: 0.99 (GM 74.99% / 74.14%)
AQI: 0.85 (AQ_t 0.53 / AQ_t-1 0.63)
SGI: 0.95 (Revenue 537.0m / 566.2m)
TATA: -0.02 (NI 21.9m - CFO 45.6m) / TA 1.22b)
Beneish M-Score: -3.00 (Cap -4..+1) = A
What is the price of BB shares? As of April 09, 2026, the stock is trading at USD 3.53 with a total of 7,638,238 shares traded.
Over the past week, the price has changed by +5.06%, over one month by +1.44%, over three months by -8.55% and over the past year by +23.00%.
Is BB a buy, sell or hold? BlackBerry has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold BB.
  • StrongBuy: 1
  • Buy: 0
  • Hold: 5
  • Sell: 0
  • StrongSell: 1
What are the forecasts/targets for the BB price?
Analysts Target Price 4.8 37.1%
BlackBerry (BB) - Fundamental Data Overview as of 09 April 2026
P/E Trailing = 87.0
P/E Forward = 21.0084
P/S = 3.8402
P/B = 2.7552
P/EG = 2.7047
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 = 22.0m USD (from shortTermDebt, last quarter)
Debt = 228.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -41.9m USD (from netDebt column, last quarter)
Enterprise Value = 2.01b USD (2.05b + Debt 228.4m - CCE 270.3m)
Interest Coverage Ratio = 6.91 (Ebit TTM 37.2m / Interest Expense TTM 5.39m)
EV/FCF = 51.21x (Enterprise Value 2.01b / FCF TTM 39.3m)
FCF Yield = 1.95% (FCF TTM 39.3m / Enterprise Value 2.01b)
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 2.01b / Total Assets 1.22b)
Interest Expense / Debt = 0.66% (Interest Expense 1.50m / Debt 228.4m)
Taxrate = 7.43% (1.10m / 14.8m)
NOPAT = 34.4m (EBIT 37.2m * (1 - 7.43%))
Current Ratio = 2.15 (Total Current Assets 543.2m / Total Current Liabilities 252.5m)
Debt / Equity = 0.31 (Debt 228.4m / totalStockholderEquity, last quarter 738.7m)
Debt / EBITDA = -0.73 (Net Debt -41.9m / EBITDA 57.2m)
Debt / FCF = -1.07 (Net Debt -41.9m / FCF TTM 39.3m)
Total Stockholder Equity = 727.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.73% (Net Income 21.9m / Total Assets 1.22b)
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 = 10.54% (E(2.05b)/V(2.28b) * Re(11.64%) + D(228.4m)/V(2.28b) * Rd(0.66%) * (1-Tc(0.07)))
Discount Rate = 11.64% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -3.22%
[DCF] Terminal Value 60.11% ; FCFF base≈39.3m ; Y1≈25.8m ; Y5≈11.8m
[DCF] Fair Price = 0.35 (EV 162.5m - Net Debt -41.9m = Equity 204.4m / Shares 590.1m; r=10.54% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 40.93 | EPS CAGR: 20.30% | SUE: -0.71 | # QB: 0
Revenue Correlation: -49.73 | Revenue CAGR: -6.85% | SUE: 0.13 | # QB: 0
EPS next Quarter (2026-05-31): EPS=0.03 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=4
EPS next Year (2027-02-28): EPS=0.16 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+12.8% | Growth Revenue=+7.4%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 10.5% (Discount Rate 11.6% - Earnings Yield 1.1%)
[Growth] Growth Spread = -3.8% (Analyst 6.7% - Implied 10.5%)
External Resources
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