TD Securities slashes price target on BlackBerry Ltd [BB] – find out why.

BlackBerry Ltd [NYSE: BB] closed the trading session at $14060000.0 on 2025-06-23.

The stocks have a year to date performance of 88.65 percent and weekly performance of 5.88 percent. The stock has been moved at 35.00 percent over the last six months. The stock has performed 13.09 percent around the most recent 30 days and changed -0.23 percent over the most recent 3-months.

If compared to the average trading volume of 14.06M shares, BB reached to a volume of 14862301 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about BlackBerry Ltd [BB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BB shares is $4.48 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BB stock is a recommendation set at 2.89. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

TD Securities have made an estimate for BlackBerry Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 20, 2024. The new note on the price target was released on June 27, 2024, representing the official price target for BlackBerry Ltd stock. Previously, the target price had yet another drop from $4.50 to $4, while RBC Capital Mkts kept a Sector Perform rating on BB stock. On May 18, 2023, analysts increased their price target for BB shares from 4.20 to 6.50.

The Price to Book ratio for the last quarter was 3.58, with the Price to Cash per share for the same quarter was set at 0.57. Price to Free Cash Flow for BB in the course of the last twelve months was 199.03 with Quick ratio for the last quarter at 1.72.

BB stock trade performance evaluation

BlackBerry Ltd [BB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.88. With this latest performance, BB shares gained by 13.09% in over the last four-week period, additionally plugging by 35.00% over the last 6 months – not to mention a rise of 14.29% in the past year of trading.

BlackBerry Ltd [BB]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and BlackBerry Ltd [BB] shares currently have an operating margin of -1.73% and a Gross Margin at 65.37%. BlackBerry Ltd’s Net Margin is presently recorded at -15.62%.

Return on Equity for this stock declined to -4.22%, with Return on Assets sitting at -4.22%.

BlackBerry Ltd [BB]: Institutional Ownership

The top three institutional holders of BB stocks are: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN with ownership of 46.72 million shares, which is approximately 7.9218%. PRIMECAP MANAGEMENT CO/CA/, holding 33.33 million shares of the stock with an approximate value of $$82.66 million in BB stocks shares; and PRIMECAP MANAGEMENT CO/CA/, currently with $$71.45 million in BB stock with ownership which is approximately 4.8466%.

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