NYSE:BB - BlackBerry Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $8.10
Forecasted Upside: -39.60 %
Number of Analysts: 5
Breakdown:
2 Sell Ratings
3 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

^$13.41 As of 06/22/2021 01:00 AM ET

▲ +0.61 (4.77%)

1 month | 3 months | 12 months

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Analyst Price Target for BB

^$8.10

▼ -39.60% Downside Potential

This price target is based on 5 analysts offering 12 month price targets for BlackBerry in the last 3 months. The average price target is $8.10, with a high forecast of $10.00 and a low forecast of $5.00. The average price target represents a -39.60% upside from the last price of $13.41.

Current Consensus is Hold

The current consensus among 5 investment analysts is to hold stock in BlackBerry. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

12/30/2019

0 strong buy ratings
0 buy ratings
8 hold ratings
2 sell ratings

Ratings as of

3/29/2020

0 strong buy ratings
0 buy ratings
10 hold ratings
2 sell ratings

Ratings as of

6/27/2020

0 strong buy ratings
0 buy ratings
10 hold ratings
2 sell ratings

Ratings as of

9/25/2020

0 strong buy ratings
0 buy ratings
7 hold ratings
2 sell ratings

Ratings as of

12/24/2020

0 strong buy ratings
0 buy ratings
7 hold ratings
2 sell ratings

Ratings as of

3/24/2021

0 strong buy ratings
0 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

5/23/2021

0 strong buy ratings
0 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

6/22/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/29/2021	Canaccord Genuity	Boost Price Target	Hold	$9.00 ➝ $10.00	Medium
3/31/2021	Raymond James	Boost Price Target	Market Perform	$8.00 ➝ $9.50	Low
3/31/2021	Canaccord Genuity	Upgrade	Sell ➝ Hold	$10.00 ➝ $9.00	High
2/16/2021	Canaccord Genuity	Downgrade	Hold ➝ Sell	$8.00 ➝ $10.00	Low
1/27/2021	Scotiabank	Downgrade	Sector Perform ➝ Sector Underperform		High
1/26/2021	Royal Bank of Canada	Downgrade	Sector Perform ➝ Underperform	$7.50	High
12/20/2020	Raymond James	Boost Price Target	Market Perform	$7.50 ➝ $8.00	Low
12/18/2020	TD Securities	Boost Price Target	Hold	$5.50 ➝ $8.50	High
12/15/2020	Royal Bank of Canada	Boost Price Target	Sector Perform	$5.00 ➝ $7.50	Low
12/14/2020	Raymond James	Set Price Target	Market Perform	$7.50	Low
12/2/2020	Raymond James	Set Price Target	Market Perform	$7.50	Medium
9/25/2020	TD Securities	Boost Price Target	Hold	$5.00 ➝ $5.50	Medium
6/25/2020	Raymond James	Set Price Target	Market Perform	$7.50	Medium
6/25/2020	Scotiabank	Boost Price Target	Sector Perform	$4.50 ➝ $5.00	Low
6/22/2020	Pi Financial	Reiterated Rating	Neutral		High
6/12/2020	Bank of America	Boost Price Target	Neutral	$5.00 ➝ $5.50	Medium
4/1/2020	Raymond James	Lower Price Target	Market Perform	$9.50 ➝ $7.50	High
4/1/2020	Cfra	Lower Price Target	Hold	$7.50 ➝ $5.00	High
4/1/2020	MKM Partners	Lower Price Target	Neutral	$7.00 ➝ $4.50	High
4/1/2020	TD Securities	Downgrade	Buy ➝ Hold	$8.00 ➝ $5.00	High
4/1/2020	Canaccord Genuity	Reiterated Rating	Hold	$7.00 ➝ $6.00	High
3/29/2020	Royal Bank of Canada	Reiterated Rating	Hold	$5.00	Low
3/29/2020	TD Securities	Reiterated Rating	Buy	$8.00	Low
3/19/2020	Royal Bank of Canada	Lower Price Target	Sector Perform	$7.50 ➝ $5.00	Medium
12/23/2019	Morgan Stanley	Reiterated Rating	Hold	$7.00	N/A
12/23/2019	CIBC	Reiterated Rating	Hold	$7.00	Low
12/20/2019	Canaccord Genuity	Reiterated Rating	Hold	$7.00	High
11/4/2019	Bank of America	Upgrade	Underperform ➝ Neutral		Low
10/24/2019	Bank of America	Lower Price Target	Underperform	$7.00 ➝ $6.00	Low
9/25/2019	Raymond James	Set Price Target	Market Perform	$9.50	Medium
9/25/2019	Macquarie	Lower Price Target	Neutral	$8.00 ➝ $7.00	High
9/25/2019	TD Securities	Lower Price Target	Buy	$14.50 ➝ $10.00	High
9/25/2019	Royal Bank of Canada	Lower Price Target	Neutral ➝ Sector Perform	$9.00 ➝ $7.50	High
9/25/2019	MKM Partners	Lower Price Target	Neutral	$8.75 ➝ $6.50	High
9/25/2019	Morgan Stanley	Lower Price Target	Equal ➝ Equal Weight	$10.00 ➝ $7.00	High
9/24/2019	Bank of America	Set Price Target	Sell	$7.00	Medium
9/24/2019	Canaccord Genuity	Set Price Target	Hold	$7.00	Medium
9/24/2019	CIBC	Downgrade	Sector Outperform ➝ Neutral	$13.00 ➝ $6.50	High
9/24/2019	Scotiabank	Downgrade	Outperform ➝ Sector Perform	$7.50	High
8/30/2019	Macquarie	Set Price Target	Hold	$11.00	Low
8/23/2019	Scotiabank	Set Price Target	Buy	$10.00	Medium
8/16/2019	Macquarie	Initiated Coverage	Neutral ➝ Neutral		Low
6/27/2019	Raymond James	Lower Price Target	Market Perform	$11.00 ➝ $10.50	Medium
6/27/2019	Royal Bank of Canada	Lower Price Target	Sector Perform	$10.00 ➝ $9.00	Medium
6/27/2019	Canaccord Genuity	Lower Price Target	Hold	$10.00 ➝ $9.00	High
4/1/2019	TD Securities	Boost Price Target	Buy	$14.00 ➝ $14.50	Low
4/1/2019	Raymond James	Set Price Target	Market Perform	$11.00	Low
3/29/2019	CIBC	Reiterated Rating	Buy	$13.00	High
3/22/2019	Morgan Stanley	Initiated Coverage	Equal ➝ Equal Weight		Medium
3/22/2019	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Equal Weight	$10.00	High
12/30/2018	CIBC	Downgrade	Buy		Medium
12/24/2018	CIBC	Downgrade	Buy BB		Medium
12/24/2018	UBS Group	Downgrade	Buy ➝ Sell		Medium
12/21/2018	BMO Capital Markets	Reiterated Rating	Hold	$8.00	High
12/21/2018	Raymond James	Reiterated Rating	Market Perform	$10.00	High
12/21/2018	Royal Bank of Canada	Lower Price Target	Sector Perform ➝ Sector Perform	$11.00 ➝ $10.00	High
12/21/2018	Canaccord Genuity	Lower Price Target	Hold ➝ Hold	$11.00 ➝ $9.00	High
11/19/2018	CIBC	Upgrade	Neutral ➝ Outperform	$14.00	High
11/16/2018	Canaccord Genuity	Reiterated Rating	Hold		Low
10/1/2018	Raymond James	Boost Price Target	Market Perform ➝ Market Perform	$11.00 ➝ $11.50	High
6/25/2018	MKM Partners	Lower Price Target	Neutral	$13.50 ➝ $12.00	Low
6/25/2018	Canaccord Genuity	Lower Price Target	Hold ➝ Hold	$11.00 ➝ $10.50	Medium
6/25/2018	BMO Capital Markets	Lower Price Target	Market Perform	$12.00 ➝ $11.00	High
3/29/2018	MKM Partners	Boost Price Target	Neutral		Low
3/29/2018	Canaccord Genuity	Reiterated Rating	Hold	$11.00	Low
3/29/2018	Raymond James	Reiterated Rating	Market Perform	$11.00	Low
1/16/2018	Macquarie	Boost Price Target	Outperform	$14.50 ➝ $15.50	High
1/4/2018	CIBC	Boost Price Target	Positive	$13.00 ➝ $15.00	Low
12/30/2017	Imperial Capital	Boost Price Target	In ➝ line	$10.00 ➝ $11.00	N/A
12/22/2017	Royal Bank of Canada	Reiterated Rating	Hold		Low
12/22/2017	Imperial Capital	Reiterated Rating	In ➝ In-Line	$10.00 ➝ $11.00	Low
12/21/2017	Scotiabank	Reiterated Rating	Buy	$12.50	Low
12/21/2017	TD Securities	Boost Price Target	Buy	$12.00 ➝ $14.00	Medium
12/21/2017	Royal Bank of Canada	Boost Price Target	Sector Perform	$10.50 ➝ $11.00	Medium
12/21/2017	BMO Capital Markets	Reiterated Rating	Hold	$12.00	Medium
12/21/2017	Canaccord Genuity	Reiterated Rating	Hold	$11.00	Medium
10/17/2017	Canaccord Genuity	Boost Price Target	Hold	$10.00 ➝ $11.00	N/A
10/2/2017	Canaccord Genuity	Reiterated Rating	Hold	$10.00	Medium
10/2/2017	TD Securities	Boost Price Target	Buy	$11.50 ➝ $12.00	Low
9/29/2017	BMO Capital Markets	Reiterated Rating	Hold	$10.00	Low
9/29/2017	Royal Bank of Canada	Boost Price Target	Sector Perform ➝ Sector Perform	$9.50 ➝ $10.50	High
9/26/2017	TD Securities	Reiterated Rating	Buy	$11.50	Low
9/22/2017	Royal Bank of Canada	Reiterated Rating	Hold	$9.50	Low
9/22/2017	Bank of America	Boost Price Target	Underperform	$7.50 ➝ $8.00	Low
9/21/2017	Scotiabank	Reiterated Rating	Outperform	$13.50	Low
8/13/2017	The Goldman Sachs Group	Reiterated Rating	Sell		Medium
8/9/2017	Royal Bank of Canada	Set Price Target	Hold	$10.00	Low
8/7/2017	The Goldman Sachs Group	Initiated Coverage	Sell ➝ Sell	$8.50	Medium
7/4/2017	William Blair	Reiterated Rating	Market Perform		N/A
7/4/2017	Imperial Capital	Reiterated Rating	In-Line	$8.25	N/A
6/26/2017	BMO Capital Markets	Reiterated Rating	Market Perform	$9.00 ➝ $10.00	Medium
6/26/2017	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$7.00 ➝ $7.50	Medium
6/26/2017	Wells Fargo & Company	Reiterated Rating	Market Perform	$8.50 ➝ $9.00	Medium
6/26/2017	Royal Bank of Canada	Reiterated Rating	Sector Perform	$9.50	Low
6/26/2017	Scotiabank	Boost Price Target	Outperform	$10.00 ➝ $11.00	Low
6/21/2017	Credit Suisse Group	Reiterated Rating	Underperform	$8.00	High
6/21/2017	Morgan Stanley	Lower Price Target	Equal Weight	$10.00 ➝ $7.00	Medium
6/15/2017	Royal Bank of Canada	Reiterated Rating	Hold	$9.50	Low
6/15/2017	Imperial Capital	Boost Price Target	In ➝ In-Line	$8.25 ➝ $10.00	Low
6/6/2017	Credit Suisse Group	Reiterated Rating	Underperform	$8.00	Low
5/30/2017	Raymond James	Reiterated Rating	Outperform ➝ Mkt Perform		Low
5/29/2017	Raymond James	Downgrade	Outperform ➝ Market Perform	$9.50 ➝ $11.00	High
4/19/2017	William Blair	Reiterated Rating	Market Perform		Low
4/17/2017	BMO Capital Markets	Boost Price Target	Market Perform	$8.00 ➝ $9.00	Low
4/12/2017	Canaccord Genuity	Set Price Target	Hold	$8.00 ➝ $10.00	Medium
4/12/2017	Raymond James	Reiterated Rating	Outperform		High
4/12/2017	CIBC	Upgrade	Sector Underperform ➝ Sector Perform	$10.00	Medium
4/12/2017	Scotiabank	Upgrade	Sector Perform ➝ Outperform		Medium
4/6/2017	Imperial Capital	Reiterated Rating	In-Line	$8.25	Low
4/6/2017	William Blair	Reiterated Rating	Market Perform		Low
4/3/2017	Scotiabank	Set Price Target		$10.65	Low
4/3/2017	Macquarie	Upgrade	Neutral ➝ Outperform	$8.10 ➝ $9.00	Low
3/31/2017	Canaccord Genuity	Reiterated Rating	Hold	$8.00	Low
3/24/2017	Royal Bank of Canada	Reiterated Rating	Hold	$7.50	Low
3/13/2017	Global Equities Research	Initiated Coverage	Overweight	$11.00	Low
1/30/2017	Canaccord Genuity	Lower Price Target	Hold	$7.50 ➝ $7.00	N/A
12/23/2016	MKM Partners	Reiterated Rating	Neutral	$8.00	N/A
12/23/2016	Canaccord Genuity	Reiterated Rating	Hold	$8.00 ➝ $7.50	N/A
12/23/2016	BMO Capital Markets	Reiterated Rating	Market Perform	$8.00	N/A
12/22/2016	Imperial Capital	Lower Price Target	In ➝ In-Line	$8.50 ➝ $8.25	N/A
12/22/2016	Wells Fargo & Company	Reiterated Rating	Market Perform		N/A
12/16/2016	Credit Suisse Group	Reiterated Rating	Underperform	$6.00	N/A
12/10/2016	Wells Fargo & Company	Reiterated Rating	Market Perform		N/A
12/7/2016	Credit Suisse Group	Reiterated Rating	Underperform	$6.00	N/A
10/2/2016	MKM Partners	Reiterated Rating	Neutral	$7.50 ➝ $8.00	N/A
9/30/2016	TD Securities	Reiterated Rating	Buy	$9.00 ➝ $10.00	N/A
9/30/2016	Canaccord Genuity	Reiterated Rating	Hold	$8.00	N/A
9/30/2016	Imperial Capital	Boost Price Target	In ➝ In-Line	$7.00 ➝ $8.50	N/A
9/29/2016	Macquarie	Upgrade	Underperform ➝ Neutral	$7.00 ➝ $8.50	N/A
9/29/2016	Royal Bank of Canada	Boost Price Target	Sector Perform	$7.00 ➝ $7.50	N/A
9/29/2016	Morgan Stanley	Reiterated Rating	Equal Weight	$7.00	N/A
9/29/2016	The Goldman Sachs Group	Reiterated Rating	Sell	$6.00	N/A
9/29/2016	Credit Suisse Group	Reiterated Rating	Underperform	$6.00	N/A
9/26/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform	$7.00 ➝ $9.00	N/A
9/26/2016	Wells Fargo & Company	Reiterated Rating	Cautious	$7.63 ➝ $7.63	N/A
9/23/2016	TD Securities	Reiterated Rating	Buy	$9.00	N/A
9/23/2016	Credit Suisse Group	Reiterated Rating	Sell	$6.00	N/A
8/30/2016	Wells Fargo & Company	Reiterated Rating	Positive	$7.62	N/A
8/29/2016	TD Securities	Reiterated Rating	Buy	$9.00	N/A
8/29/2016	JPMorgan Chase & Co.	Boost Price Target	Neutral	$7.00 ➝ $8.00	N/A
8/12/2016	Raymond James	Upgrade	Market Perform ➝ Outperform	$8.00 ➝ $10.50	N/A
7/20/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform	$9.00	N/A
6/28/2016	Imperial Capital	Reiterated Rating	In-Line	$7.00	N/A
6/27/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold		N/A
6/27/2016	Royal Bank of Canada	Lower Price Target	Sector Perform	$8.00 ➝ $7.00	N/A
6/26/2016	MKM Partners	Reiterated Rating	Hold		N/A
6/24/2016	MKM Partners	Lower Price Target	Neutral	$8.50 ➝ $7.50	N/A

(Data available from 6/23/2016 forward)

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company leverages artificial intelligence and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy; and endpoint security management, encryption, and embedded systems. It offers BlackBerry Spark software platform that includes a suite of security software products and services comprising BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions; and BlackBerry Spark SDK to promote the evolution of a platform ecosystem by enabling enterprise and independent software vendor developers to integrate the security features of BlackBerry Spark into their own mobile and web applications. The company also provides BlackBerry Internet of Things (IoT) solutions, including BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry Jarvis, BlackBerry AtHoc, BlackBerry Alert, SecuSUITE, and other IoT applications. As of February 28, 2021, it owned approximately 38,000 worldwide patents and applications. The company has a partnership with the University of Windsor to develop and deliver a cybersecurity curriculum for the university's graduate master's program in applied computing; and an agreement with Amazon Web Services, Inc. to develop and market BlackBerry's IVY, an intelligent vehicle data platform. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.

Today's Range

Now: $13.41

$12.40

$13.57

50 Day Range

MA: $10.45

$7.94

$15.88

52 Week Range

Now: $13.41

$4.37

$28.77

Volume

32,272,777 shs

Average Volume

47,448,473 shs

Market Capitalization

$7.59 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.25

Frequently Asked Questions

What sell-side analysts currently cover shares of BlackBerry?

The following sell-side analysts have issued research reports on BlackBerry in the last twelve months: Canaccord Genuity, Raymond James, Royal Bank of Canada, Scotiabank, TD Securities, and Zacks Investment Research.
View the latest analyst ratings for BB.

What is the current price target for BlackBerry?

5 Wall Street analysts have set twelve-month price targets for BlackBerry in the last year. Their average twelve-month price target is $8.10, suggesting a possible downside of 39.6%. Canaccord Genuity has the highest price target set, predicting BB will reach $10.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $5.00 for BlackBerry in the next year.
View the latest price targets for BB.

What is the current consensus analyst rating for BlackBerry?

BlackBerry currently has 2 sell ratings and 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BB, but not buy more shares or sell existing shares.
View the latest ratings for BB.

What other companies compete with BlackBerry?

Other companies that are similar to BlackBerry include Crown Castle International, SBA Communications, United States Cellular, Telephone and Data Systems, Shenandoah Telecommunications, Boingo Wireless and Spok.

How do I contact BlackBerry's investor relations team?

BlackBerry's physical mailing address is 2200 University Ave East, Waterloo A6, N2K 0A7. The company's listed phone number is 519-888-7465 and its investor relations email address is [email protected] The official website for BlackBerry is www.blackberry.com.