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Investor Insights

This summary was created by AI, based on 11 opinions in the last 12 months.

The experts' reviews on BlackBerry (BB-T) generally indicate a pessimistic outlook for the company. They note that the stock has been structurally declining for over a decade, with weak financials, declining sales, and a lack of profitability. While there is some speculation about a possible takeover and the company's strategic review, the overall consensus seems to be that BlackBerry has significant challenges and uncertainty ahead. The stock is viewed as speculative at best and not suitable for long-term holding.

Consensus
Negative
Valuation
Undervalued
RISKY
BlackBerry

Like a lottery ticket. Talk of splitting up the company. Who knows where the bottom is, but you could write a put lower or buy a call higher.

electrical / electronic
SELL
BlackBerry

Very weak chart, so dollar-cost averaging won't work. Structurally declining for over a decade. Even Prem Watsa threw in the towel. Broken. Probably goes to $0, question is not if but when. Sell.

electrical / electronic
HOLD
BlackBerry

Treat it as a lottery ticket. Don't add to it if you own it. He could see it going north of $5 over the next 12 months. Tricky situation they got themselves into.

(Analysts’ price target is $9.70)
electrical / electronic
DON'T BUY
BlackBerry
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

BB is slowly becoming irrelevant. It hasn't made money since 2015, and its large cash balance is gone. Cash flow was negative $263M last year. Sales continue to decline, and it missed its sales estimate last quarter. BlackBerry's sales should remain volatile as it separates its Cybersecurity unit from its higher-growth Internet of Things (IoT) segment, with disruption likely to result. Revenue may expand at an average annual rate of 3.1% in fiscal 2024-27, based on estimates. The higher growth potential of IoT vs. the Cybersecurity unit could prompt a spinoff of the former, allowing investors to tap IoT's sales growth exclusively. High-margin licensing fees have fallen to an annual run rate of about $20 million following the sale of most of the patent portfolio. The resulting margin pressure is likely to abate as QNX and other profitable new offerings pick up. Overall, while its technology may still have promise, it has over the past decade destroyed shareholder value, with management changes adding more uncertainty. It is vey hard to endorse. 
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electrical / electronic
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
BlackBerry
(A Top Pick Feb 02/23, Down 8.2%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with BB has triggered its stop at $5.75. To remain disciplined, we recommend covering the position at this time. 

electrical / electronic
DON'T BUY
BlackBerry

He's seen, but hasn't analyzed, today's announcement of a split. It's a shame that the company was a substantial winner, but now is an also-ran. A trade story. Ask yourself if the split creates value and an enhanced opportunity? Often the pieces spun out do better.

electrical / electronic
DON'T BUY
BlackBerry
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The guidance was weak, and BB faces numerous challenges. But the company is still undergoing a strategic review, following overtures for a takeover. This remains a possibility, but it is hard to endorse on that alone. Fundamentals remain weak and much worse than expected. The balance sheet is OK but its large cash cushion is gone. Cash flow has been negative the past two years. Speculative as a possible takeover, but not really endorseable as a long term holding right now. 
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electrical / electronic
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
BlackBerry
(A Top Pick Feb 02/23, Up 13.8%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BB is progressing well.  We recommend trailing up the stop (from $5.25) to $5.75 at this time.  

electrical / electronic
DON'T BUY
BlackBerry

Not a good time to buy shares with recent under performance of tech & hardware.
Revenues down to record low.
Shifting to cyber security business units. 
Unprofitable 9 out past 10 years.
Would not invest. 
Too difficult to tell future of business. 

electrical / electronic
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
BlackBerry
(A Top Pick Feb 02/23, Up 13%)Stockchase Research Editor: Michael O'Reilly

Out PAST TOP PICK with BB is progressing well.  To remain disciplined, we recommend trailing up the stop (from $4.25) to $5.25 at this time.  

electrical / electronic
DON'T BUY
BlackBerry
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

BB is now trading at 4.4x times' Price/Sales. In 4Q-2023, the company’s revenue declined by -18.4% to $151M, in line with the estimates and EPS is -$0.02, beating estimates of -$0.07. The balance sheet is okay, with net debt of $17M. However, the trailing twelve-month cash flow is concerning, as the company generated -$263M. 

The company announced a strategic reveiw which has given shares some support but we wouldn't view it as coming from a posiiton of strength and are not sure we see a whole lot of reason to be excited here. 
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electrical / electronic
DON'T BUY
BlackBerry

Don't buy shares.
Company has had better days.
Trajectory downward.
Tech not good anymore.

electrical / electronic
DON'T BUY
BlackBerry

Results have been sporadic for a number of years.
Hard company to model going forward.
Better names to own in the tech sector (predictable earnings).
Not a strong business for the past 10 years.
Customers turning over etc.

electrical / electronic
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
BlackBerry
Stockchase Research Editor: Michael O'Reilly

The forgotten Canadian cell phone developer has re-invented itself in the cybersecurity space and is investing heavily into AI technology - partnering with Amazon's web services.  Although operating at quarterly loss, cash reserves are growing and it trades at under 2x book.  We recommend placing a stop-loss at $4.25, looking to achieve $8.00 -- upside potential over 33%.  Yield 0%

(Analysts’ price target is $8.03)
electrical / electronic
DON'T BUY
BlackBerry
There's got to be a market for the old among us who prefer a keyboard. He wants it to do well. BlackBerry, unlike its competitors, is made by workers who aren't chained to their factories and forbidden to leave. How can anyone in good conscience buy an Apple product? Frustrating stock. Security is important, and you'd think this would be the moment they could capitalize on that. It may be the baby thrown out with the bathwater, but value stocks can take a long time to come back.
electrical / electronic
Showing 1 to 15 of 1,654 entries

BlackBerry(BB-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 10

Stockchase rating for BlackBerry is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BlackBerry(BB-T) Frequently Asked Questions

What is BlackBerry stock symbol?

BlackBerry is a Canadian stock, trading under the symbol BB-T on the Toronto Stock Exchange (BB-CT). It is usually referred to as TSX:BB or BB-T

Is BlackBerry a buy or a sell?

In the last year, 10 stock analysts published opinions about BB-T. 4 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BlackBerry.

Is BlackBerry a good investment or a top pick?

BlackBerry was recommended as a Top Pick by on . Read the latest stock experts ratings for BlackBerry.

Why is BlackBerry stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is BlackBerry worth watching?

10 stock analysts on Stockchase covered BlackBerry In the last year. It is a trending stock that is worth watching.

What is BlackBerry stock price?

On 2024-06-24, BlackBerry (BB-T) stock closed at a price of $3.12.