The trading price of BlackBerry Ltd (NYSE:BB) floating higher at last check on Tuesday, April 23, closing at $2.87, 2.32% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $5.75 and a 52-week low of $2.46. Over the past month, the stock has gained 7.30% in value.
BlackBerry Ltd, whose market valuation is $1.69 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.04 per share this quarter, however they have predicted annual earnings per share of -$0.04 for 2025 and $0.03 for 2026. It means analysts are expecting annual earnings per share growth of -180.00% this year and 175.00% next year.
Analysts have forecast the company to bring in revenue of $134.05 million for the current quarter, with the likely lows of $133 million and highs of $135.38 million. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2025 is $600.97 million. The company’s revenue is forecast to drop by -29.50% over what it did in 2025.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of BlackBerry Ltd no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest BB has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that BB’s price is currently 1.00% off the SMA20 and 2.69% off the SMA50. The RSI metric on the 14-day chart is currently showing 51.31, and weekly volatility stands at 4.70%. When measured over the past 30 days, the indicator reaches 5.38%. BlackBerry Ltd (NYSE:BB)’s beta value is currently sitting at 1.39, while the Average True Range indicator is currently displaying 0.16.
To see how BlackBerry Ltd stock has been performing today in comparison to its peers in the industry, here are the numbers: BB stock’s performance was 2.32% at last check in today’s session, and -32.27% in the past year.
An evaluation of the daily trading volume of BlackBerry Ltd (NYSE:BB) indicates that the 3-month average is 10.47 million.
Currently, records show that 589.23 million of the company’s shares remain outstanding. The insiders hold 1.75% of outstanding shares, whereas institutions hold 49.88%. However, since the stock’s price has seen -19.07% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
