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⚠️ Not investment advice. Past performance does not guarantee future results.
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BlackBerry BB

CanadaTechnology · Software - InfrastructureUSD
6.6AI score
Rank 426 of 2,130
better than 77% of companies
8.77USD
▲ 95.8% in one year
BB MSCI World +22.1%
Average analyst target
9.80 USD (+11.7%)
7 analysts
52-wk low 3.12High 13.59
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

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 news
Bottom line

Growth 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.

⚠ Main risk

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 date
Pricier than its sector

On P/E and EV / EBITDA, it trades 115% above the Technology median on average.

MultipleCompanySectorDifference
P/E67.531.3+115%
EV / EBITDA43.720.4+114%
Price / book6.56.3+3%
Price / sales8.45.3+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).

Indicative fair value · USD
Graham3.71▼ −58% vs price
Cash flow (DCF)5.55▼ −37% vs price
Price8.77at the analysis date

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.

🛒 Where to buy BBCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
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Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiGood8.2Technology median: 6.9
Quality / MoatiGood7.4Technology median: 6.4
ValuationiWeak3.7Technology median: 5.3
GrowthiExcellent9.4Technology median: 7.5
DividendiPoor1.5Technology median: 1.5
MomentumiExcellent9.6Technology median: 6.3
Risk & ContextiFair5.0Technology median: 4.8
Technology median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Technology median
P/Ei
67.5
Technology: 31.3above
EV / EBITDAi
43.7
Technology: 20.4above
ROEi
10.6%
Technology: 17.0%below
Operating margini
22.7%
Technology: 15.5%above
Net debt / EBITDAi
−1.37
Technology: 0.20net cash
Revenue growthi
+26.0%
Technology: +16.7%above

Valuation

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

Compare it with its sector

All 283 in Technology →
See the full ranking with filters →

Keep browsing the ranking

sorted by score, highest first

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.