
9.80 USD (+11.7%)
7 analysts
What does it do?
BlackBerry Limited is a software and cybersecurity company offering security solutions for endpoints, critical communications, and connected vehicle management, with a recurring subscription revenue model.
Key points
from its scores- ✓Good share-price trend9.6
- ✓Strong growth9.4
- ✓Very solid balance sheet8.2
- ✕Little or no dividend1.5
- ✕Demanding valuation3.7
AI analysis
bottom line, main risk, context and newsGrowth and financial health are solid, but the high valuation warrants caution; wait for a better entry point or a multiple correction.
BlackBerry shows a strong growth profile (revenue +26%, earnings +150%) with a healthy balance sheet (net cash, ND/EBITDA -1.37) and high margins (gross 77.87%), but its valuation is demanding (P/E 67.46, EV/EBITDA 43.75), which limits attractiveness despite good momentum.
The demanding valuation (P/E 67.46) leaves little margin of safety: any disappointment in revenue growth or cash conversion could trigger a significant correction.
Context and risks
BlackBerry has no material exposure to current macro factors: its software and cybersecurity business does not depend on commodities, interest rates, or shipping routes. The rise in long-term rates could affect its valuation due to its high P/E, but the engine already modulates this by duration and leverage, and its net cash balance mitigates it.
Is BlackBerry stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 115% above the Technology median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 67.5 | 31.3 | +115% |
| EV / EBITDA | 43.7 | 20.4 | +114% |
| Price / book | 6.5 | 6.3 | +3% |
| Price / sales | 8.4 | 5.3 | +59% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 3.7 out of 10 (median for Technology: 5.3).
Average analyst target: 9.80 USD, +11.7% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 7.4 (sector 6.4), Growth 9.4 (sector 7.5).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- P/E
- 67.5
- Forward P/E
- 37.2
- EV / EBITDA
- 43.7
- Price / book
- 6.5
- Price / sales
- 8.4
- PEG
- 1.47
- Market cap
- 5.1B USD
- Enterprise value
- 5.0B USD
Profitability
- ROE
- 10.6%
- ROA
- 5.0%
- ROIC (approx.)
- 13.7%
- Gross margin
- 77.9%
- Operating margin
- 22.7%
- Net margin
- 13.1%
- Free cash flow
- 138.4M USD
- FCF yield
- 2.7%
- Cash conversion
- 121%
Solvency
- Total debt
- 221.0M USD
- Net debt
- −156.5M USD
- Cash
- 377.5M USD
- EBITDA
- 114.1M USD
- Net debt / EBITDA
- −1.37
- Debt / equity
- 27.92
- Current ratio
- 2.38
- Quick ratio
- 2.22
Growth
- Revenue growth
- +26.0%
- Earnings growth
- +150.0%
- EPS (TTM)
- 0.13 USD
- EPS (forward)
- 0.24 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 1.30
- Analyst consensus
- Hold (7)
- Target price
- 9.80 USD
- 52-week range
- 3.12 – 13.59
Recent news
All BB news →Compare it with its sector
All 283 in Technology →Frequently asked questions about BlackBerry
Is BlackBerry stock cheap or expensive?
On P/E and EV / EBITDA, it trades 115% above the Technology median on average. Valuation score: 3.7 out of 10 (median for Technology: 5.3). Average analyst target: 9.80 USD, +11.7% versus the price. This is not investment advice.
What score does BlackBerry get on MeridIAn Screener?
It scores 6.6 out of 10, rank 426 of 2,130 (better than 77% of the companies analysed). Its strongest category is Momentum (9.6) and its weakest, Dividend (1.5). Analysis of 08/10/2026.
What is BlackBerry's P/E ratio?
Its P/E is 67.5: the share price equals 67.5 times earnings per share over the last 12 months. The Technology median is 31.3. Based on the earnings analysts expect, the forward P/E is 37.2.
How much is BlackBerry worth on the stock market?
Its market capitalisation is 5.1B USD and its enterprise value, debt included, is 5.0B USD.
How much debt does BlackBerry have?
It has more cash than debt: net cash of 156.5M USD.
Does BlackBerry pay a dividend?
It pays no dividend, or almost none.
How has BlackBerry stock performed over the last year?
It has risen 95.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 3.12 and 13.59 USD. Past performance does not guarantee future results.
What do analysts think of BlackBerry?
7 analysts cover it; their average recommendation is “Hold” and their average target is 9.80 USD (+11.7% versus the price). It is an estimate, not market data.
