TSE:BB

BlackBerry (BB.TO)

13.08
-1.32 (9.17%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 6, 2026, 12:00 am

This summary was created by AI, based on 12 opinions in the last 12 months.

BlackBerry (BB-T) has shown signs of transformation from a traditional phone manufacturer to a focused software company, particularly in automotive cybersecurity and various other software applications. Experts highlight the resurgence in its stock price following a solid quarter and ongoing growth in revenue and cash flow. Nevertheless, many analysts caution about its status as a 'fallen champion' and emphasize the need for sustained performance to justify their enthusiasm. While some view it as an interesting speculative opportunity within a growing market, others suggest it lacks dynamic growth and may not be the best place for investment when compared to other options. Overall, while there is optimism around its automotive technology and cybersecurity services, the stock has reached new highs, leading some analysts to suggest taking profits or waiting for a pullback before re-entering.

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Consensus
Cautious
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Valuation
Fair Value
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ORTX,OTEX
COMMENT
Down about 15% after hours so expects it’s heading for $30 tomorrow morning, maybe a little less. Worse case scenario, for 2012 is that they make $5.20. They’ve got $4-$5 of cash in the bank. If you take that off, it means you are paying 5X this year’s earnings. Market thinks they will continue losing market share to Apple (AAPL-Q) but they have a huge installed base and people are not going to throw away their Blackberries. May be a value trap.
DON'T BUY
Clearly missed a whole product cycle. Rumours that the 2 Co-CEOs are not talking. Company is obviously in disarray. Guiding towards $7.50 in profit. If they miss that and earn something like $6 there is value. Question is, can they pull themselves out of a tail spin in terms of good new products. If it got down to $30 he “might” be interested.
PAST TOP PICK
(A Top Pick July 23/10. Down 37.9%.) Trading at 5 to 6 times current annual earnings, so he considers it still a Buy. Lots of cash.
COMMENT
Trading at about 7 or 8 times earnings. US market share continues to fall and they lag Apple (AAPL-Q) and androids. Too competitive a market for him. Would really look at it in the mid-$30s.
PAST TOP PICK
(Top Pick May 25/10, Down 16.04%) Sold a few months ago. A good company, looks obscenely cheap. Lots of negative sentiment around about the company. Will not think of shorting it.
PAST TOP PICK
(Top Pick Jul 8/10, Down 29.00%) He said a month ago not to be surprised if it went down to $8, and here it is. Thinks it will hold here. Earnings out next week and much anticipated. As a value manager you can’t resist this one. Model $82.83.
PAST TOP PICK
(Top Pick Jun 28/10, Down 31%) Now Apple is replicating the BBM. It was an advantage that they had that could disappear. There is a rumor about Microsoft approaching management. They have warned that their next quarter will not be good.
HOLD
Forming a long term base and risk/reward at this time is pretty good. If it broke down through some of its 08-09 lows, that would be a concern.
COMMENT
Ranks very high in his database. 15% four quarter trailing fee cash flow so is massively profitable. Transitioning over to the new QNX operating system, which is in their Playbook. Expect they will bring out new handsets in 2012 that offer blistering hot processors. Also expecting great growth in the fare east. Expect to know by February how they are making out.
WAIT
Beautiful balance sheet, no debt. Well managed. In the tech field you have to keep developing/investing. They have to come up with something new. RIM is cheap right now.
HOLD
Own relatively small positions in this one. Down to about 6.5 PE multiple. US analysts love to hate this one. Currently being sued for misleading information but he thinks it’s a fairly weak case. Excellent product. Incredibly cheap.
DON'T BUY
Missing earnings. Classic chart of lower lows and lower highs. Stock is in free fall. Maybe forming a base. Wait for a turn around.
HOLD
He looks at how stock reacts to bad day and bad news. 3 days ago they had bad news and did not suffer too much and were up nicely yesterday. Playbook is selling reasonably well. He is willing to give them some more rope.
DON'T BUY
Got stopped out of this one a long time ago. Recently lowered earnings expectations. Stock has broken through some pretty tremendous support levels. Got stuck at $45 a few times in the last 5 years and now down to $42 level. Cheap at 6.9X forward earnings. Wait for earnings start to move up.
HOLD
Didn't meet their guidance in the 1st quarter but have kept their annual guidance to $7.50 in earnings. Consensus earnings estimates by analysts is significantly lower at about $6.30. Even using $6.30 it is trading at 7X earnings, but they only need 2.5 million Playbooks to be sold to get them better than the $6.30.
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