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BlackBerry Limited (BB) Stock Guide

November 14, 2020
63
Bull Case
  • Revenue growth higher than the industry and sector averages
  • Company’s profitability is improving
  • Forward P/B ratio low relative to industry peers
  • Average analyst stock price above current stock price
  • Cash/Debt ratio is higher than the industry and sector averages
Bear Case
  • Forward P/E ratio high relative to industry peers
  • High short share of float
  • High short interest

Before we start: if you're looking for BB stock price, you can quickly find it out by visiting Finny and typing "BB quote". If you're looking for a quick scoop on BB stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "BB". You'll get all this info in one place. Or you can just type "BB news" to get the latest stock news.

Looking to buy or sell BlackBerry Limited (BB)? Interested in getting the full scoop on BB, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this BB stock guide, we'll address key questions about BB, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are BB earnings?
2. When is BB earnings date?
3. What is BB stock forecast (i.e., prediction)?
4. BB buy or sell? What is BB Finny Score?
5. What are the reasons to buy BB? Why should I buy BB stock?
6. What are the reasons to sell BB? Why should I sell BB stock?
7. What are BB key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are BB earnings?

BB trailing 12-month earnings per share (EPS) is -$1.32.

2. When is BB earnings date?

BB earnings date is undefined.

Analyst Predictions

3. What is BB stock forecast (i.e., prediction)?

Based on BB analyst price targets, BB stock forecast is $5.71 (for a year from now). That means the average analyst price target for BB stock is $5.71. The prediction is based on 16 analyst estimates.

The low price target for BB is $5.00, while the high price target is $7.50.

BB analyst rating is Hold.

Analysis

4. BB buy or sell? What is BB Finny Score?

Our quantitative analysis shows 5 reasons to buy and 3 reasons to sell BB, resulting in Finny Score of 63.

5. What are the reasons to buy BB? Why should I buy BB stock?

Here are the reasons to buy BB stock:

  • BlackBerry is widely recognized for productivity and security innovations. The company delivers one of the most secure end-to-end mobile enterprise solutions in the market through a broad portfolio of products and services. It offers an end-to-end software and services platform for the Enterprise of Things.
  • Blackberry is positioned on attractive market segments: IoT (Internet of Things) and security. Security has become increasingly important to thwart data theft.
  • BlackBerry has inked a strategic partnership with Baidu on a self-driving car project. The deal allows Baidu to use its QNX Hypervisor 2.0 software, which is designed for complex in-vehicle computer systems in its open-source self-driving platform, Apollo. BlackBerry has also entered a multi-year agreement with Jaguar Land Rover to collaborate and develop technology for the latter’s next-generation vehicles.
  • Blackberry has proven it has transformed itself into a software entity and has completed its overhaul. With more than $1B in software revenue coupled with rising license fees, Blackberry is positioned for a solid future.
  • BB quarterly revenue growth was 6.10%, higher than the industry and sector average revenue growth (-0.49% and 0.53%, respectively). See BB revenue growth chart.
  • BB profitability is improving. The YoY profit margin change was 135.59 percentage points. See BB profitability chart.
  • BB Price/Book ratio is 1.31, which is low compared to its industry peers’ P/B ratios. See BB forward Price/Book ratio chart.
  • BB average analyst price target ($5.71) is above its current price ($5.11). See BB price target chart.
  • BB cash to debt ratio is 1.25, higher than the average industry (0.18) and sector (0.17) cash to debt ratio. See BB cash to debt chart.

6. What are the reasons to sell BB? Why should I sell BB stock?

Let's look at the reasons to sell BB stock (i.e., the bear case):

  • With increasing global exposure, BlackBerry does face the risk of adverse foreign exchange fluctuations. Apart from adverse foreign currency related movements, high debt levels are also concerning. The company exited fiscal 2018 with long-term debt of $782 million, much higher than the $591 million at the end of fiscal 2017.
  • On a P/E (price-to-equity) basis, shares of BlackBerry appear to be overvalued. The stock is currently trading above the industry levels
  • BB forward P/E ratio is 34.54, which is high compared to its industry peers’ P/E ratios. See BB forward P/E ratio chart.
  • BB short share of float is 6.38%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See BB short share of float chart.
  • BB short interest (days to cover the shorts) ratio is 6.23. The stock garners more short interest than the average industry, sector or S&P 500 stock. See BB short interest ratio chart.

Key Stats

7. What are BB key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for BB:

Metrics BB
Price $5.65
Average Price Target / Upside $5.71 / 1.06%
Average Analyst Rating Hold
Forward Dividend Yield 0.00%
Industry Communication Equipment
Sector Technology
Number of Employees 3,288
Market Cap $2.85B
Forward P/E Ratio 36.50
Price/Book Ratio 2.81
Revenue (TTM) $1.01B
YoY Quarterly Revenue Growth 6.10%
Profit Margin -72.19%

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