BB · NYSE · Software - Infrastructure

BlackBerry (BB)

Supplies QNX software, secure communications, and patent licensing for OEMs, enterprises, and governments.

$7.67
Pre-market+0.06 (+0.78%)
At close$7.61(−2.81%)
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BlackBerry LimitedBBInformation Technology

Sells QNX embedded software and engineering services, Secure Communications products, and patent licenses. Its current structure follows the legacy-device shutdown and the sale of Cylance endpoint-security assets.

Develops QNX operating-system technology, related software, and engineering services for OEMs. Its QNX business serves embedded and safety-critical applications in automotive, robotics, and physical-AI adjacencies. Secure Communications includes SecuSUITE, UEM, and AtHoc for enterprise and government users.

Licensing manages and monetizes the patent portfolio. The workforce spans 15 countries, while the headquarters is in Waterloo, Ontario. These lines make the current configuration narrower than its historic handset portfolio.

Operations are shaped by the end of legacy BlackBerry device services and the sale of Cylance endpoint-security assets. Secure Communications remains distinct from the disposed endpoint-security assets. QNX, Secure Communications, and Licensing are the current operating segments.

Company facts

CEOJohn J. Giamatteo
ListedOct 16, 2017
ExchangeNYSE
HeadquartersWaterloo, ON
CountryCanada
Employees1,749
CIK0001070235
ISINCA09228F1036

Market cap$4.46B
EPS (ttm)$0.0994
P/E (ttm)76.56
ROE8.1%
P/B5.95
P/S7.69
Dividend yieldDiv yield
Beta1.68vs XLK 1.15

Price target$10.30+35.3%Avg of 14 analysts
ConsensusHold12 of 14 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 24, 2026Deutsche BankDowngradeBuyPositive
Aug 24, 2026BarclaysDowngradeReduceUnderweight
Aug 12, 2026UBSDowngradeBuySell
Jul 1, 2026Exane BNP ParibasInitiateOutperform
Jun 26, 2026RBC CapitalReiterateSector Perform$4.50$9

Next report
Sep 24, 2026
in 21 days
EPS estimate
$0.04
Revenue estimate
$145.0M
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Dec '24Apr '25Jun '25Sep '25Dec '25Apr '26Jun '26Sep '26
Reported$0.02$0.03$0.02$0.04$0.05$0.06$0.04Pending
Estimate−$0.01$0.02$0.01$0.01$0.04$0.05$0.03$0.04
Surprise+300.0%+50.0%+42.9%+300.0%+25.9%+20.0%+33.3%

RevenueReportedEstimate

Dec '24Apr '25Jun '25Sep '25Dec '25Apr '26Jun '26Sep '26
Reported$143.0M$143.9M$121.7M$129.6M$141.8M$158.0M$157.3MPending
Estimate$137.3M$128.0M$122.9M$137.5M$144.6M$144.7M$139.8M$145.0M
Surprise+4.2%+12.4%−1.0%−5.8%−1.9%+9.2%+12.5%
Estimate$0.04
ReportedDue Sep 24, 2026
Estimate$145.0M
ReportedDue Sep 24, 2026
View details

Debt to equity29.50%
Current ratio219.70%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$126.2M$143.6M$143.9M$121.7M$129.6M$141.8M$156.0M$152.9M
Net income−$19.7M−$10.5M−$7.0M$1.9M$13.3M$13.7M$24.3M$8.5M
Net margin0.0%0.0%0.0%1.6%10.3%9.7%15.6%5.6%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$2.2M$19.5M−$6.2M$2.0M$11.5M$11.9M$23.8M$15.4M
YoY growth+8.3%+422.7%−39.0%+670.0%

Balance sheet, May 31, 2026Cash & short-term investments $365.1M · Total debt $221.1M · Total assets $1.24B · Shareholders' equity $750.7M

Revenue
$152.9M
Operating income
$15.4M
Net income
$8.5M
View details

No dividends on record.

Institutions327 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail≈ 50.33%295.01M shares
Insiders6 holders · as of Jul 15, 20260.24%1.40M shares
Otherremainder≈ 49.43%289.69M shares

586.10M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Legal & General Group PLCInstitution
6.50%38.08M13Fas of Jun 30, 2026
Voya Investment Management LLCInstitution
4.76%27.92M13Fas of Jun 30, 2026
T. Rowe Price Investment Management, Inc.Institution
3.42%20.07M13Fas of Jun 30, 2026
First Trust Advisors LPInstitution
3.27%19.15M13Fas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
2.92%17.12M13Fas of Jun 30, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 14, 2026Philip S. Kurtzofficer: CLO & Corp. Secretary−30,000$11.32
Jul 9, 2026Tim Footeofficer: Chief Financial Officer−8,235$10.92
Jul 9, 2026Philip S. Kurtzofficer: CLO & Corp. Secretary−6,414$11.07
Jul 9, 2026Jennifer Armstrong-Owenofficer: Sr VP & Chief People Officer−3,296$10.92
Jul 9, 2026John Joseph Giamatteodirector, officer: CEO & President, Secure Comm.−152,012$11.35
View details

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ComparePre-market

CompanyPriceChange
BlackBerry$7.67+0.78%$4.46B76.638.07.7+29.3%
Microsoft$498.04+0.25%$3.69T27.725.411.1+17.8%
Alphabet Class A$338.34+0.36%$4.08T16.925.19.2+24.2%
Aptiv$45.10+0.17%$9.53B42.97.40.5−37.1%
IBM$232.50+0.35%$218.29B20.518.23.2+1.1%
Median24.121.66.2+9.4%