BlackBerry (BB)

• Market cap: $2.2B
• 1 day: -1.06%
• 5 days: -13.86%
• 1 month: -15.03%
• 3 months: -2.36%
• 6 months: 53.50%
• Year to date: -2.36%
• 1 year: 38.15%
• 5 years: 11.01%
• 10 years: -58.09%
• Sector: Information Technology
• Industry: Prepackaged Software

About: BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

Employees: 6,200

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

93% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 27

54% more capital invested

Capital invested by funds: $678M [Q3] → $1.04B (+$363M) [Q4]

50% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]

45% more call options, than puts

Call options by funds: $39M | Put options by funds: $26.9M

16% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 56

11% more funds holding

Funds holding: 206 [Q3] → 228 (+22) [Q4]

2.69% more ownership

Funds ownership: 43.83% [Q3] → 46.51% (+2.69%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 7% upside
• Avg. target: $4.38 17% upside
• High target: $4.75 27% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

RBC Capital Paul Treiber 43% 1-year accuracy 9 / 21 met price target	7% upside $4	Sector Perform Reiterated	1 Apr 2025
Canaccord Genuity Kingsley Crane 45% 1-year accuracy 14 / 31 met price target	27% upside $4.75	Hold Maintained	11 Mar 2025