BB

BlackBerry

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Technology

industry

Software - Infrastructure

Exchange

NYSE

County of HQ

Canada

Next Earnings Date

06/23/26

Business Summary

The company operates in software infrastructure, focusing on secure communications, endpoint management, and embedded systems that integrate into enterprise and government environments. Its cash generation model is built around software licensing, recurring service revenue, and long-cycle enterprise contracts, which tend to provide sticky customer relationships. The moat lies in security credibility and deep integration into regulated or mission-critical systems where switching costs are meaningful. Rather than competing on consumer scale, it competes on reliability, compliance, and embedded presence in enterprise infrastructure stacks.

VALUATION

P/E

42.7

Market Cap ($M USD)

$2,265

Forward P/E

20

PEG

1.5

PRICE TO SALES

4.2

PRICE TO BOOK

3

EV / EBITDA

36.5

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$0.09

Next Year EPS Growth Estimate

$0.19

Next Year Revenue Growth Estimate

5.40%

Return on Equity (ROE)

7.10%

Operating Margin

9.20%

Debt-to-Equity

0.3

Piotroski F-Score

6

Altman Z-Score

2.2

Return on Invested Capital (ROIC)

6.20%%

Current Ratio

2.1

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At 42.7x trailing earnings and 20x forward earnings, the market is clearly discounting a rebound, but not pricing in hypergrowth. A PEG of 1.5 suggests growth is not cheap, yet not egregiously overpriced either. The real tension is balance-sheet risk: an Altman Z-Score of 2.2 puts the company in the grey zone, not distressed but hardly fortress-like, while a Debt/Equity ratio of 9.20% and a Current Ratio of 2.1 indicate manageable leverage and solid liquidity. This is not a deep value cigar butt, but at a $2,265M market cap with improving forward expectations, it looks like a cautious turnaround priced for moderate execution rather than breakout expansion.

AI Exposure / Tech Reliance

As a Software – Infrastructure player, the company sits directly in the layer that enables enterprise security, device management, and embedded systems—areas increasingly critical in AI-enabled environments. Infrastructure software vendors that can secure endpoints and manage connected systems remain essential as AI workloads expand across enterprises. The ability to integrate into mission-critical systems provides resilience even as AI reshapes application layers.

The Bull Case

A GARP investor can build a rational case here. The Forward P/E of 20 paired with a PEG of 1.5 implies growth at a reasonable price rather than speculative excess, and a Piotroski F-Score of 6 signals improving operational stability. Operating Margin at 7.10% and ROIC at 6.20% show the business is generating returns above zero with tangible capital discipline, while Return on Equity at 5.40% suggests incremental efficiency gains are possible without excessive leverage. Add in a solid Current Ratio of 2.1 and modest Debt/Equity of 9.20%, and you have a company that is financially stable enough to compound gradually if execution holds.

The Bear Case

The red flags are equally clear. A trailing P/E of 42.7 is rich relative to a 7.10% Operating Margin and just 5.40% Return on Equity, meaning the valuation still assumes meaningful margin expansion. The PEG of 1.5 is not cheap for a company with ROIC at 6.20%, and the Altman Z-Score of 2.2 places it in a cautionary zone where any earnings stumble could compress multiples quickly. Add the absence of dividend support and a minimal TTM Yield of 0.3, and investors are fully exposed to execution risk with limited income cushion.

Market Sentiment & Smart Money

Short Interest %

4.40%

Analyst Consensus

2.71

Average Analyst Price Target

$4.97

Institutional Ownership %

48.70%

1-Year Beta

1.33

Insider Buying % (6 Mo)

0.40%%

Distance to 52-Week High

72.20%%

Distance to 52-Week Low

126.30%%