BlackBerry Ltd (NYSE: BB) Has Yet To Impress Analysts?

BlackBerry Ltd (NYSE:BB) traded at $2.83 at close of the session on Friday, April 26, made an upward move of 1.80% on its previous day’s price.

Looking at the stock we see that its previous close was $2.78 . In terms of its 52-week price range, BB has a high of $5.75 and a low of $2.46. The company’s stock has gained about 2.91% over that past 30 days.

BlackBerry Ltd has a market cap of $1.67 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.04, with the EPS growth for the year raised at -$0.04 for 2025 and $0.03 for next year. These figures represent -180.00% and 175.00% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $134.05 million, with a low of $133 million and a high of $135.38 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2025 is expected to hit $600.97 million, or -29.50% 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 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note the current price level is -1.08% off its SMA20 and 1.27% from its 50-day simple moving average. The RSI (14) is pointing at 49.66 while the volatility over the past week is 4.03% and jumps to 5.40% over the past one month. The beta value is 1.40, while the average true range (ATR) is currently pointing at 0.15.

Coming back to BlackBerry Ltd (NYSE:BB), we note that the average 3-month trading volume was 8.99 million. Current shares outstanding are 589.23 million.

The insiders hold 1.75% of the company’s shares while institutions hold 49.87%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -20.06% down in year-to-date price movement.

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