(BB) BlackBerry - Overview
Sector: Technology | Industry: Software - Infrastructure | Exchange: NYSE (USA) | Market Cap: 5.081m USD | Total Return: 125.6% in 12m
Avg Turnover: 170M
Qual. Beats: 0
Rev. Trend: -87.2%
Qual. Beats: 0
Warnings
P/E ratio 96.3
Altman Z'' -2.20 < 1.0 - financial distress zone
Extended 1w
Tailwinds
Supp Ema8, Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind
BlackBerry Limited (BB) is a Canadian software company specializing in cybersecurity and Internet of Things (IoT) solutions for enterprise and government clients. The firm operates through three primary segments: Secure Communications, QNX, and Licensing, providing a suite of products focused on endpoint management, secure messaging, and critical event notification.
The companys business model has shifted from mobile hardware to a high-margin software-as-a-service (SaaS) and licensing structure. Its QNX operating system is a dominant player in the automotive sector, utilized for safety-critical systems and digital cockpits in millions of vehicles worldwide.
For a detailed analysis of the companys long-term valuation metrics, you can explore the data available on ValueRay.
BlackBerry also maintains an extensive patent portfolio related to wireless communications and provides specialized consulting services for cryptography and asset monitoring. Originally incorporated in 1984 as Research In Motion, the company rebranded in 2013 to align with its current focus on digital security and embedded systems.
- QNX design wins and royalty backlog growth drive long-term automotive revenue
- Cybersecurity business unit restructuring aims for standalone profitability and cost reduction
- Global automotive production volume fluctuations impact embedded software royalty streams
- Government contract renewals and expansions dictate secure communications segment growth
- Potential divestiture of business units or patent portfolio sales influence valuation
| Net Income: 53.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 3.08 > 1.0 |
| NWC/Revenue: 54.54% < 20% (prev 46.02%; Δ 8.52% < -1%) |
| CFO/TA 0.04 > 3% & CFO 50.9m > Net Income 53.4m |
| Net Debt (-40.6m) to EBITDA (78.8m): -0.52 < 3 |
| Current Ratio: 2.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (643.6m) vs 12m ago 8.82% < -2% |
| Gross Margin: 75.82% > 18% (prev 0.74%; Δ 7.51k% > 0.5%) |
| Asset Turnover: 43.31% > 50% (prev 41.46%; Δ 1.85% > 0%) |
| Interest Coverage Ratio: 10.32 > 6 (EBITDA TTM 78.8m / Interest Expense TTM 5.91m) |
| A: 0.24 (Total Current Assets 568.2m - Total Current Liabilities 268.1m) / Total Assets 1.25b |
| B: -1.74 (Retained Earnings -2.17b / Total Assets 1.25b) |
| C: 0.05 (EBIT TTM 61.0m / Avg Total Assets 1.27b) |
| D: 1.49 (Book Value of Equity 746.0m / Total Liabilities 499.2m) |
| Altman-Z'' = -2.20 = D |
| DSRI: 0.72 (Receivables 166.1m/223.7m, Revenue 550.2m/537.1m) |
| GMI: 0.97 (GM 75.82% / 73.86%) |
| AQI: 1.01 (AQ_t 0.52 / AQ_t-1 0.52) |
| SGI: 1.02 (Revenue 550.2m / 537.1m) |
| TATA: 0.00 (NI 53.4m - CFO 50.9m) / TA 1.25b) |
| Beneish M = -3.25 (Cap -4..+1) = AA |
As of May 30, 2026, the stock is trading at USD 9.00 with a total of 43,463,354 shares traded.
Over the past week, the price has changed by +35.34%,
over one month by +67.29%,
over three months by +165.49% and
over the past year by +125.56%.
BlackBerry has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold BB.
- StrongBuy: 1
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 5.2 | -42.7% |
P/E Trailing = 96.3333
P/E Forward = 50.0
P/S = 9.2856
P/B = 6.6148
P/EG = 1.6852
Revenue TTM = 550.2m USD
EBIT TTM = 61.0m USD
EBITDA TTM = 78.8m USD
Long Term Debt = 196.5m USD (from longTermDebt, last quarter)
Short Term Debt = 9.49m USD (from shortTermDebt, last quarter)
Debt = 234.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 18.8m
Net Debt = -40.6m USD (calculated: Debt 234.1m - CCE 274.7m)
Enterprise Value = 5.04b USD (5.08b + Debt 234.1m - CCE 274.7m)
Interest Coverage Ratio = 10.32 (Ebit TTM 61.0m / Interest Expense TTM 5.91m)
EV/FCF = 113.2x (Enterprise Value 5.04b / FCF TTM 44.5m)
FCF Yield = 0.88% (FCF TTM 44.5m / Enterprise Value 5.04b)
FCF Margin = 8.09% (FCF TTM 44.5m / Revenue TTM 550.2m)
Net Margin = 9.70% (Net Income TTM 53.4m / Revenue TTM 550.2m)
Gross Margin = 75.82% ((Revenue TTM 550.2m - Cost of Revenue TTM 133.1m) / Revenue TTM)
Gross Margin QoQ = 76.60% (prev 77.50%)
Tobins Q-Ratio = 4.05 (Enterprise Value 5.04b / Total Assets 1.25b)
Interest Expense / Debt = 2.52% (Interest Expense 5.91m / Debt 234.1m)
Taxrate = 6.18% (1.61m / 26.1m)
NOPAT = 57.2m (EBIT 61.0m * (1 - 6.18%))
Current Ratio = 2.12 (Total Current Assets 568.2m / Total Current Liabilities 268.1m)
Debt / Equity = 0.31 (Debt 234.1m / totalStockholderEquity, last quarter 746.0m)
Debt / EBITDA = -0.52 (Net Debt -40.6m / EBITDA 78.8m)
Debt / FCF = -0.91 (Net Debt -40.6m / FCF TTM 44.5m)
Total Stockholder Equity = 734.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.20% (Net Income 53.4m / Total Assets 1.25b)
RoE = 1.84% (Net Income TTM 53.4m / Total Stockholder Equity 2.90b)
RoCE = 1.97% (EBIT 61.0m / Capital Employed (Equity 2.90b + L.T.Debt 196.5m))
RoIC = 8.04% (NOPAT 57.2m / Invested Capital 711.9m)
WACC = 12.06% (E(5.08b)/V(5.32b) * Re(12.51%) + D(234.1m)/V(5.32b) * Rd(2.52%) * (1-Tc(0.06)))
Discount Rate = 12.51% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 46.67 | Cagr: 0.36%
[DCF] Terminal Value 66.93% ; FCFF base≈29.3m ; Y1≈33.6m ; Y5≈49.4m
[DCF] Fair Price = 0.83 (EV 447.4m - Net Debt -40.6m = Equity 488.0m / Shares 586.1m; r=12.06% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.69 | # QB: 0
Revenue Correlation: -87.21 | Revenue CAGR: -17.86% | SUE: 0.62 | # QB: 0
EPS current Quarter (2026-05-31): EPS=0.03 | Chg30d=N/A | Revisions=+20% | Analysts=6
EPS next Quarter (2026-08-31): EPS=0.04 | Chg30d=N/A | Revisions=+20% | Analysts=5
EPS current Year (2027-02-28): EPS=0.18 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=+10.7% | GrowthRev=+9.5%
EPS next Year (2028-02-29): EPS=0.20 | Chg30d=+0.00% | Revisions=+20% | GrowthEPS=+13.7% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: +40%