BlackBerry stock
BBNYSEBlackBerry Limited, TechnologyISIN CA09228F1036
59Score 59 out of 100, Neutral
Price and trend
89 / 100
Price history
+103% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 29% above it.
Since May 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 52).
The price is 29% below its 52-week high. Largest decline in 20 years: 99% (June 2008 to August 2024).
Chart figures for advanced users
- SMA 50$8.57
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$7.09
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)52
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$3.15
- The lowest closing price of the last twelve months.
- Resistance$12.81
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- BlackBerry Limited belongs to the Software (Infrastructure) industry (Canada) and, with a market value of $5.35B, is number 49 of 97 companies in its industry on MEQIRI.
- For fiscal 2027, analysts expect on average revenue of $630.6M (up 14.8%) and adjusted earnings per share of $0.21 (up 23.8%).
- MEQIRI Score 59 out of 100 (Neutral): rank 458 of 857 in Technology, median 61.
Show more
- The P/E is 73.7 (Software (Infrastructure) median 26.3, own median of recent years 37.7).
- Our model puts fair value at $3.22, with the price 192% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- More cash than debtCash $377.5M, financial debt $221M.Stability 72
- Earnings turn into cashFree cash flow 115% of earnings over the last 12 months.Fundamentals 51
Weaknesses
- Above fair valuePrice 192% above the fair value of $3.22.Valuation 15
- Richly valuedP/E 73.7, Software (Infrastructure) median 26.3, own median 37.7.Valuation 15
- Revenue shrinkingRevenue down 5.2% a year since 2021.Growth 41
Its standout strengths are momentum and technical analysis, while growth and valuation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- high price swings
- price up very strongly over the past year
- weak fundamentals
What lowers it
- stable momentum
Valuation
Valuation signal
Significantly overvaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $2.15 and expensive above $6.44 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $3.19 (cash-flow model) and $3.25 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 9%. At 10% the fair value would be $2.95, at 8% it would be $3.62.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (26.3).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 31 Aug 2026, revenue rose 14% on the twelve months before. Up to 2022 the bars include businesses that were later spun off or sold. On a comparable basis, as restated in the SEC annual reports, revenue shrank 5.2% a year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 76%, operating 9%, net 10%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 17 Dec 2026in 34 days
- Last reported
- 24 Sep 2026EPS reported $0.07 (expected $0.04)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $0.21+1.4%
- Revenue
- $630.6M+1.4%
- Earnings per share
- $0.24+1.4%
- Revenue
- $690.12M+1.4%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −2.0%Full-year revenue and adjusted EBITDA outlook raised for the second consecutive quarter, with QNX revenue raised by $17 million and licensing revenue by $12 million to about $41 million.
“Accordingly, we are revising the full year revenue forecast for Secure Communications to $260 to $270 million and adjusted EBITDA outlook to be between 50 million and 58 million For Q3, we expect revenue to be between $55 and $60 million and adjusted EBITDA between 6 million and 10 million For licensing, we are …”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 24 Sep 2026 (fiscal Q2 2027), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
One insider bought on the open market in the last 6 months, $40,900 in total. 5 insiders sold, $7.83M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Chaikof DavidPurchase
3 Nov 2026, Board
- Shares
- 5,000
- Price
- $8.18
- Value
- $40,900
- Giamatteo John JosephSale
22 Oct 2026, CEO & President, Secure Comm.
- Shares
- 99,000
- Price
- $8.74
- Value
- $865,260
- Giamatteo John JosephSale
21 Oct 2026, CEO & President, Secure Comm.
- Shares
- 151,000
- Price
- $9.40
- Value
- $1.42M
Show 21 more
- Armstrong-Owen JenniferSale
9 Oct 2026, Sr VP & Chief People Officer
- Shares
- 3,379
- Price
- $8.36
- Value
- $28,248
- Foote TimSale
9 Oct 2026, Chief Financial Officer
- Shares
- 8,441
- Price
- $8.36
- Value
- $70,567
- Giamatteo John JosephSale
9 Oct 2026, CEO & President, Secure Comm.
- Shares
- 27,004
- Price
- $8.36
- Value
- $225,753
- Kurtz Philip S.Sale
9 Oct 2026, CLO & Corp. Secretary
- Shares
- 6,164
- Price
- $8.45
- Value
- $52,086
- Kurtz Philip S.Sale
2 Oct 2026, CLO & Corp. Secretary
- Shares
- 4,168
- Price
- $9.18
- Value
- $38,262
- Giamatteo John JosephSale
2 Oct 2026, CEO & President, Secure Comm.
- Shares
- 29,272
- Price
- $9.20
- Value
- $269,302
- Foote TimSale
2 Oct 2026, Chief Financial Officer
- Shares
- 3,269
- Price
- $9.20
- Value
- $30,075
- Wall John ChristopherSale
2 Oct 2026, President, QNX
- Shares
- 3,474
- Price
- $9.18
- Value
- $31,891
- Armstrong-Owen JenniferSale
2 Oct 2026, Sr VP & Chief People Officer
- Shares
- 2,590
- Price
- $9.20
- Value
- $23,828
- Foote TimSale
1 Oct 2026, Chief Financial Officer
- Shares
- 16,672
- Price
- $9.14
- Value
- $152,382
- Kurtz Philip S.Sale
30 Sept 2026, CLO & Corp. Secretary
- Shares
- 30,000
- Price
- $9.14
- Value
- $274,200
- Kurtz Philip S.Sale
14 Jul 2026, CLO & Corp. Secretary
- Shares
- 30,000
- Price
- $11.32
- Value
- $339,600
- Giamatteo John JosephSale
9 Jul 2026, CEO & President, Secure Comm.
- Shares
- 152,012
- Price
- $11.35
- Value
- $1.73M
- Armstrong-Owen JenniferSale
9 Jul 2026, Sr VP & Chief People Officer
- Shares
- 3,296
- Price
- $10.92
- Value
- $35,992
- Kurtz Philip S.Sale
9 Jul 2026, CLO & Corp. Secretary
- Shares
- 6,414
- Price
- $11.07
- Value
- $71,003
- Foote TimSale
9 Jul 2026, Chief Financial Officer
- Shares
- 8,235
- Price
- $10.92
- Value
- $89,926
- Giamatteo John JosephSale
8 Jul 2026, CEO & President, Secure Comm.
- Shares
- 125,000
- Price
- $11.00
- Value
- $1.38M
- Giamatteo John JosephSale
2 Jul 2026, CEO & President, Secure Comm.
- Shares
- 28,272
- Price
- $11.22
- Value
- $317,212
- Armstrong-Owen JenniferSale
2 Jul 2026, Sr VP & Chief People Officer
- Shares
- 2,556
- Price
- $11.22
- Value
- $28,678
- Foote TimSale
2 Jul 2026, Chief Financial Officer
- Shares
- 25,878
- Price
- $12.39
- Value
- $320,691
- Kurtz Philip S.Sale
2 Jul 2026, CLO & Corp. Secretary
- Shares
- 4,195
- Price
- $11.56
- Value
- $48,494
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at BlackBerry
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 59
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Software (Infrastructure)
The next larger and next smaller companies by market value
- BoxBOX $5.98B68
- Mobility GlobalMBGL $5.87B55
- NexiNEXI.MI $5.86B57
- Varonis SystemsVRNS $5.65B45
- Trend Micro4704.T $5.48B75
- Remitly GlobalRELY $4.89B71
- Core ScientificCORZ $4.69B33
- AmdocsDOX $4.64B59
ETFs that hold BlackBerry
Held by 13 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| L&G Cyber Security UCITS ETFUSPY | 5.29% | 0.69% | €3.76B |
| Invesco Cybersecurity UCITS ETF AccumUSDIVCS | 3.38% | 0.35% | €14M |
| Rize Cybersecurity and Data Privacy UCITS ETF Accum USDRCRS | 2.04% | 0.45% | €124.78M |
Show 5 more
| iShares Digital Security UCITS ETFIS4S | 0.90% | 0.40% | €1.9B |
| Amundi MSCI Smart Cities UCITS ETF ACCAMEC | 0.22% | 0.45% | €59.77M |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.05% | 0.45% | €1.53B |
| Xtrackers Artificial Intelligence & Big Data UCITS ETF 1CXAIX | 0.04% | 0.35% | €7.53B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.03% | 0.35% | €434.1M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 28 Feb 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 17 Apr 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.