Bulls vs Bears
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BlackBerry Ltd has a consensus price target of $3.84 based on the ratings of 7 analysts. The high is $5.5 issued by Canaccord Genuity on May 18, 2023. The low is $2.8 issued by Canaccord Genuity on October 18, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, RBC Capital, and Raymond James on October 18, 2024, September 27, 2024, and June 28, 2024, respectively. With an average price target of $3.52 between Canaccord Genuity, RBC Capital, and Raymond James, there's an implied 50.28% upside for BlackBerry Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for BlackBerry (NYSE:BB) was reported by Canaccord Genuity on October 18, 2024. The analyst firm set a price target for $2.80 expecting BB to rise to within 12 months (a possible 19.66% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for BlackBerry (NYSE:BB) was provided by Canaccord Genuity, and BlackBerry maintained their hold rating.
The last upgrade for BlackBerry Ltd happened on June 27, 2024 when CIBC raised their price target to N/A. CIBC previously had a neutral for BlackBerry Ltd.
There is no last downgrade for BlackBerry.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BlackBerry, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for BlackBerry was filed on October 18, 2024 so you should expect the next rating to be made available sometime around October 18, 2025.
While ratings are subjective and will change, the latest BlackBerry (BB) rating was a maintained with a price target of $2.70 to $2.80. The current price BlackBerry (BB) is trading at is $2.34, which is out of the analyst’s predicted range.
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