BlackBerry Ltd (NYSE:BB) traded at $4.33 at close of the session on Tuesday, June 24 and made an upward move of 0.23% on its previous day’s price.
Looking at the stock we see that its previous close was $4.32 and the beta (5Y monthly) reads 1.102 with the day’s price range being $4.29 – $4.435. In terms of its 52-week price range, BB has a high of $6.24 and a low of $2.01. The company’s stock has gained about 11.89% over that past 30 days.
BlackBerry Ltd has a market cap of $2.59 billion and is expected to release its quarterly earnings report on 2025-Apr-02.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 122.42M, with a low of 118.56M and a high of 124M. The median projection represents growth adding up to -15.57% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 513.05M, or -4.09% down from figures reported last year.
On the other hand, looking at the outlook for the BB stock, short term indicators assign the stock an average of 75% Buy, while medium term indicators assign it an average of Hold.
Based on estimates by 20 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 6 have rated the BlackBerry Ltd (BB) stock as a Hold, while 12 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 4.32% off its SMA20 and 14.15% from its 50-day simple moving average. The RSI (14) is pointing at 62.59 while the volatility over the past week is 1.73% and jumps to 2.91% over the past one month. The average price target for the stock over the next 12 months is $4, with the estimates having a low of $3.75 and a high of $4.25. These price ends are 13.39% and 1.85% off the current price level respectively, although investors could be excited at the prospect of a 7.62% if the BB share price touches on the median price of $4.
Coming back to BlackBerry Ltd (NYSE:BB), we note that the average 3-month trading volume was 14.04 million, while that of the preceding 10-day period stands at 14.67 million. Current shares outstanding are 596.23 million.
The insiders hold 0.24% of the company’s shares while institutions hold 45.90%. The data shows that short shares as of 2025-05-30, stood at 34.25 million at a short ratio of 2.56. This represents a 575.00 short interest in shares outstanding on 2025-05-30. Shares short rose in May from the previous month at 31.56 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 86.64% up in year-to-date price movement.
