
BlackBerry (BB) Stock Forecast & Price Target
BlackBerry (BB) Analyst Ratings
Bulls say
BlackBerry's financial performance demonstrates notable positive momentum, highlighted by a strong increase in net cash from $168 million to $181 million in Q3, equating to $0.30 per share. Additionally, the company's QNX gross margin improved by 252 basis points quarter-over-quarter to 83%, while the gross margin for Secure Communications expanded by 596 basis points to 72.2%. Projections for fiscal year 2026 indicate total revenue growth to $539 million and an EBITDA rise to $111 million, reflecting a robust upward trajectory for BlackBerry’s software and service offerings in regulated industries like government and finance.
Bears say
The financial outlook for BlackBerry appears negative due to declining gross margins in its Secure Communications segment, which decreased 330 basis points quarter-over-quarter to 66%, and Deteriorating Net Revenue Retention Rate (DBNRR) falling to 92%. Despite a modest improvement in year-over-year revenue decline from 11% in Q2 to 9% in Q3, overall Annual Recurring Revenue (ARR) for Secure Communications remained stagnant, reflecting limited growth potential in this critical area. Furthermore, forecasts indicate a significant reduction in growth expectations, with guidance suggesting a decrease from 24% in Q3 to 12% in Q4, coupled with lower EBITDA margins anticipated in the second half of the fiscal year.
This aggregate rating is based on analysts' research of BlackBerry and is not a guaranteed prediction by Public.com or investment advice.
BlackBerry (BB) Analyst Forecast & Price Prediction
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