TSE:BB

BlackBerry (BB.TO)

12.72
+0.04 (0.32%)
as of Jul 22, 2026, 4:06:24 pm Market Open.
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Investor Insights
star iconJul 22, 2026, 12:00 am

This summary was created by AI, based on 16 opinions in the last 12 months.

BlackBerry has undergone a significant transformation from a smartphone manufacturer to a focused software company, particularly in the automotive and cybersecurity sectors. Several experts note its strong results and positive guidance, acknowledging the growth in its QNX operating system, which is embedded in a substantial number of vehicles worldwide. However, there is a sense of caution regarding the stock's valuation, with many analysts indicating that it is currently overvalued based on its price-to-earnings ratio. Additionally, while the technical performance of the stock has improved, indicating a positive trading perspective, experts express concerns about its volatility and the sustainability of its growth. Overall, analysts are divided, with some expressing interest and others urging caution due to high valuations and the need for consistent performance.

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Consensus
Cautious
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Valuation
Overvalued
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Similar
OTEX
COMMENT
Getting to the point now where it has been oversold. There are a lot of companies that are in worse shape and sell for far more than 6X earnings. Don't count on anything in terms of a quick turnaround. Excellent technology and leaders in many areas.
COMMENT
US analysts have given up n this a long time ago but Cdn analysts still hung. Feels their Playbook is not a bad product technically. No debt and cash on the balance sheet. Feels it is getting pretty close to a bottom. If they can earn $3.50 or $4, it’s a pretty cheap stock.
COMMENT
When in doubt, go the long-term charts. Support was back in 2004-2006 with the median being around $27. The lowest point was $22, so the stock has to stay there. Currently it is at critical support. Had 7 down corrections since 08, which is extreme. If you are going to bottom fish, it would be here.
SELL
Wouldn’t be comfortable stepping in yet. Looks like a falling knife. Listen to the conference call coming later today to hear the language and the tone.
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.
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