BB Stock Summary and Trading Ideas (Blackberry | NYSE:BB)

BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.

Blackberry trades on the NYSE stock market under the symbol BB.

As of March 21, 2025, BB stock price declined to $4.33 with 15,141,314 million shares trading.

BB has a beta of 0.58, meaning it tends to be less sensitive to market movements. BB has a correlation of 0.02 to the broad based SPY ETF.

BB has a market cap of $2.56 billion. This is considered a Mid Cap stock.

Last quarter Blackberry reported $143 million in Revenue and $.02 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.03.

In the last 3 years, BB traded as high as $7.97 and as low as $2.01.

The top ETF exchange traded funds that BB belongs to (by Net Assets): CIBR, IGV, KOMP, DRIV, FITE.

BB has outperformed the market in the last year with a return of +55.8%, while the SPY ETF gained +9.4%. In the last 3 month period, BB beat the market returning +17.3%, while SPY returned -4.3%. However, in the most recent 2 weeks BB has underperformed the stock market by returning -4.2%, while SPY returned -1.8%.

BB support price is $4.21 and resistance is $4.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BB shares will trade within this expected range on the day.