BlackBerry Ltd (BB) Stock Forecast & Predictions

BlackBerry Ltd BB: $10.38

2200 University Ave E, Waterloo, Ontario, Canada. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: global.blackberry.com

  • Market Cap$5.89B
  • Change (52 Weeks)117.61%
  • Low (52 Weeks)$4.37
  • BlackBerry Ltd (BB) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, BlackBerry Ltd (BB) stock price is $10.38 and the 52 weeks low is $4.37, which means the BlackBerry Ltd stock price is up 117.61% in the last 12 months.

    BlackBerry Ltd (BB) Stock Price has been Trending Strongly with an ADX reading of 38.70 as per the Weekly Chart.

    A Upward trend indicates that BlackBerry Ltd (BB) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that BB Stock price might rise further, 25.00% indicating that BB Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall BB stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    BlackBerry Ltd (BB) Stock Forecast By Analysts


    Strong Sell
    Analysts Recommendations for BlackBerry Ltd (BB) is based on 12 Institutional Analyst Ratings where 0.00% are on Strong Buy, 0.00% on Moderate Buy, 33.33% remains on Hold, 25.00% are on Moderate Sell and 41.67% are on Strong Sell.

    Out of 12 Institutional Analysts, majority recommended BB stock as Strong Sell. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of BlackBerry Ltd.

    BlackBerry Ltd (BB) Stock Price Prediction By Analysts


    HighLowAverage
    $8.21$5.93$7.26
    $7.2630.04% Downside
    Updated: 2021-09-19 00:00:00

    The Average Price target for BB set by the institutional analysts is $7.26 where High Estimate is $8.21, Median $7.581177847113884 and Low $5.93.

    The average price target for BB by Institutional Analysts is $7.26, which is 30.04% Downside from the current price. So according to the Institutional Analysts, BB Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    BlackBerry Ltd (BB) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    TD SecuritiesReduceUpgraded
    STA ResearchBuyInitiated
    RBC CapitalUnderperformInitiated
    Raymond James FinancialMarket PerformInitiated
    CIBC World MarketsUnderperformDowngraded
    RBC CapitalSellReiterated
    RBC CapitalUnderperformMaintained
    TD SecuritiesReduceDowngraded
    Canaccord GenuityHoldUpgraded
    TD SecuritiesReduceDowngraded
    RBC CapitalUnderperformInitiated
    Raymond James FinancialMarket PerformInitiated
    CIBC World MarketsUnderperformDowngraded
    CfraHoldUpgraded
    Canaccord GenuitySellDowngraded
    RBC CapitalUnderperformReiterated
    RBC CapitalUnderperformMaintained
    Raymond James FinancialMarket PerformUpgraded
    CIBC World MarketsNeutralMaintained
    Canaccord GenuityDowngraded
    Raymond James FinancialMarket PerformReiterated
    PI FinancialNeutralInitiated
    B of A SecuritiesNeutralMaintained
    PI FinancialBuyInitiated
    MKM PartnersNeutralMaintained
    CFRAHoldMaintained
    Canaccord GenuityHoldMaintained
    TD SecuritiesBuyDowngraded
    PI FinancialNeutralInitiated
    PI FinancialDowngraded
    Raymond James FinancialMarket PerformInitiated
    PI FinancialNeutralUpgraded
    PI FinancialNeutralInitiated
    Bank of AmericaNeutralUpgraded
    Bank of AmericaUnderperformReiterated
    RBC CapitalSector PerformMaintained
    Morgan StanleyEqual-WeightMaintained
    ScotiabankSector PerformDowngraded
    MacquarieNeutralInitiated
    Canaccord GenuityHoldMaintained
    RBC CapitalSector PerformMaintained
    Canaccord GenuityHoldMaintained
    BMO Capital MarketsDowngraded
    CIBCOutperformUpgraded
    Raymond JamesMarket PerformMaintained
    BMO Capital MarketsMarket PerformInitiated
    Canaccord GenuityHoldMaintained
    Imperial CapitalIn-LineReiterated
    BMO Capital MarketsMarket PerformInitiated
    TD SecuritiesBuyUpgraded
    RBC CapitalSector PerformUpgraded
    Canaccord GenuityHoldMaintained
    TD SecuritiesBuyMaintained
    BMO Capital MarketsMarket PerformMaintained
    Raymond James FinancialMarket PerformMaintained
    TD SecuritiesBuyMaintained
    Deutsche SecuritiesMaintained
    TD SecuritiesBuyMaintained
    RBC CapitalSector PerformMaintained
    CIBC World MarketsMaintained
    RBC CapitalMaintained
    SbankMaintained
    SbankMaintained
    Rosenblatt SecuritiesSellInitiated
    Macquarie ResearchMaintained
    SbankSector PerformMaintained
    BNP ParibasNeutralMaintained
    TD SecuritiesSource of FundsMaintained
    SbankMaintained
    CIBC World MarketsSector UnderperformMaintained
    SbankSector PerformMaintained
    Wells FargoMaintained
    UBSNeutralMaintained
    RBC CapitalSector PerformMaintained
    Raymond James FinancialAt Market PerformMaintained
    Citron ResearchMaintained
    CIBC World MarketsMaintained
    BGC PartnersBuyUpgraded
    SbankMaintained
    Robert W BairdNeutralMaintained
    Goldman SachsNeutralMaintained
    Evercore ISIEqual WeightUpgraded
    Credit SuisseMaintained
    CitigroupSellMaintained
    Goldman SachsNeutralMaintained
    JefferiesHoldMaintained
    MKM PartnersNeutralMaintained
    Citron ResearchBuyMaintained
    RBC CapitalMaintained
    RBC CapitalSector PerformMaintained
    Hudson Square ResearchMaintained
    Societe GeneraleHoldMaintained
    BMO Capital MarketsAt Market PerformMaintained
    SbankMaintained
    RBC CapitalUnderperformMaintained
    Paradigm CapitalHoldMaintained
    MKM PartnersNeutralUpgraded
    JefferiesHoldMaintained
    Evercore ISIEqual WeightMaintained
    CIBC World MarketsMaintained
    Canaccord GenuityHoldMaintained
    SbankOutperformMaintained
    Sanford BernsteinMaintained
    NomuraNeutralMaintained
    TD SecuritiesHoldMaintained
    SbankSector OutperformMaintained
    Paradigm CapitalHoldMaintained
    National Bank FinancialMaintained
    CIBC World MarketsMaintained
    Canaccord GenuityHoldUpgraded
    Wells FargoMaintained
    SbankMaintained
    RBC CapitalMaintained
    National Bank FinancialUnderperformMaintained
    MKM PartnersSellMaintained
    Goldman SachsNeutralMaintained
    Credit SuisseNeutralUpgraded
    CitigroupMaintained
    CIBC World MarketsSector OutperformMaintained
    JefferiesBuyMaintained
    SbankMaintained
    Paradigm CapitalMaintained
    National Bank FinancialUnderperformMaintained
    CIBC World MarketsMaintained
    UBSNeutralMaintained
    RBC CapitalSector PerformMaintained
    Macquarie ResearchMaintained
    JefferiesBuyMaintained
    Credit SuisseUnderperformMaintained
    Canaccord GenuitySellMaintained
    BMO Capital MarketsMaintained
    Sanford BernsteinMaintained
    Societe GeneraleMaintained
    SbankSector OutperformMaintained
    Macquarie ResearchNeutralMaintained
    Berenberg BankMaintained
    Societe GeneraleSellMaintained
    SbankMaintained
    Paradigm CapitalMaintained
    CIBC World MarketsSpeculative Sector OutperformMaintained
    Goldman SachsMaintained
    Cormark SecuritiesSource of FundsUpgraded
    MKM PartnersMaintained
    Macquarie ResearchNeutralMaintained
    RBC CapitalSector PerformMaintained
    Sanford BernsteinMaintained
    SbankSector OutperformMaintained
    RBC CapitalMaintained
    Paradigm CapitalMaintained
    Credit SuisseMaintained
    RBC CapitalSector PerformMaintained
    RBC CapitalMaintained
    Paradigm CapitalHoldDowngraded
    SbankMaintained
    JefferiesMaintained
    BMO Capital MarketsMaintained
    BNP ParibasMaintained
    TD SecuritiesHoldMaintained
    Societe GeneraleSellMaintained
    Sanford BernsteinMaintained
    Paradigm CapitalMaintained
    NomuraNeutralMaintained
    National Bank FinancialMaintained
    Morgan StanleyUnderweightMaintained
    Goldman SachsBuyMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    Credit AgricoleMaintained
    Cormark SecuritiesAt Market PerformDowngraded
    CitigroupSellMaintained
    Canaccord GenuitySellMaintained

    BlackBerry Ltd (BB) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.033
    The average consensus EPS for BB is $-0.033 with a high estimate of $-0.011 and Low of $-0.039 for the period 2021-12-31 and based on 8 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.03$0.03092021-12-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.05$-0.0549299000000000042022-03-31
    $0.03$0.03092021-12-31
    $0.02$-0.01177292021-09-30
    $0.11$0.02062021-06-30
    $0.02$-0.0167375000000000022021-03-31
    $0.09$0.04122020-12-31
    $0.03$0.01931252020-09-30
    $0$-0.00451140000000000052020-06-30
    $0.01$0.00643750000000000052020-03-31
    $0.11$0.0594310000000000052019-12-31
    $0.05$0.02434922019-09-30
    $0.04$0.00861082019-06-30
    $0.03$-0.00271922019-03-31
    $0.05$0.0044392999999999992018-12-31
    $0.03$-0.00340932018-09-30
    $0.05$0.00126692018-06-30
    $0.02$0.00073132018-03-31
    $0.04$0.00178192017-12-31
    $0.02$-0.00649929999999999952017-09-30
    $0$-0.050472017-06-30
    $0$-0.07403642017-03-31
    $-0.03$-0.09757192016-12-31
    $-0.03$-0.142912500000000032016-09-30
    $-0.13$-0.09612992016-06-30
    $-0.05$-0.02062016-03-31
    $0.04$-0.05793752015-12-31
    $0.01$-0.05021252015-09-30
    $-0.02$-0.176387500000000032015-06-30
    $-0.11$-0.243337499999999982015-03-31
    $-0.08$-0.54899000000000012014-12-31
    $-0.67$-0.41106272014-09-30
    $-0.47$-0.50083752014-06-30
    $-0.13$0.072100000000000012014-03-31
    $0.22$-0.33334922013-12-31
    $-0.22$-0.339900000000000042013-09-30
    $-0.27$-0.44292013-06-30
    $-0.37$-0.056052600000000012013-03-31
    $0.8$0.83944999999999992012-12-31
    $1.27$1.164932012-09-30
    $0.8$0.9272012-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).