How to Buy Blackberry Stock
Blackberry Ltd
Blackberry is a software infrastructure company located in Ontario, Canada, which is part of the Technology sector, and is traded under the ticker BB on the NYSE exchange.
Blackberry stock last closed at $2.49, up 2.89% from the previous day, and has decreased 30.64% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.07 percentage points. Blackberry stock is currently +23.88% from its 52-week low of $2.01, and -43.92% from its 52-week high of $4.44.
At the moment, there are 590.73M shares of BB outstanding. The market value of BB is $1.47B. In the last 24 hours, 7.78M BB shares were traded.
How to Buy Blackberry Stock
Not sure how to invest in Blackberry stock? Here's how.
- Choose where to buy Blackberry stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Blackberry stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- Evaluate Blackberry stock: The Blackberry ticker symbol is BB. Is Blackberry stock a good investment? Should you buy shares of BB? How do BB's underlying business fundamentals look? Do top analysts think Blackberry is a good buy? Why has BB's stock price moved recently? (Hint: Our stock market research tools can help you figure out if BB is a good stock to buy).
- Make your BB trade: Decide if you will purchase BB shares at the current market price or use a limit order to buy BB stock at a specific price.
- Track your BB position: Create a watchlist to watch your investment in Blackberry stock.
Step 1: Choose where to buy Blackberry stock
You need a brokerage account to access the NYSE market and buy BB shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in BB stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on one of the best stock market apps, you need to deposit funds:
Check out the video below if you need help transferring money into your brokerage account.
Step 4: Evaluate Blackberry stock
Once you have identified the best place to buy Blackberry stock, it's crucial to research their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
Blackberry stock data
BB Zen Score
WallStreetZen was built to help part-time investors do better fundamental analysis.
You can view all of the due diligence checks on BB's stock page.
How is BB stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge BB's intrinsic value.
Using relative valuations measures:
- BB could be undervalued based on its P/B ratio of 2.01x, relative to Software - Infrastructure industry P/B ratio of 11.87x
You can access additional valuation research on BB's stock here.
Is BB a healthy company?
Signs that BB is financially healthy:
- BB has cash burn of 81000000. It has enough cash and short-term investments to cover this for at least one year.
- BB has $228.00M in cash and short term investments. This is enough to cover its annual cash burn of $81.00M.
- BB profit margin has gone up from -66.9% to -21.7% in the past year.
- There are more short-term assets than short-term liabilities on the BB balance sheet.
- There are more short-term assets than long-term liabilities on the BB balance sheet.
Signs that BB is not financially healthy:
- BB has a relatively high debt to equity ratio of 0.78.
- Total BB debt is higher than 5 years ago, relative to shareholder equity.
Is BB stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 sell side analysts who track BB, the consensus analyst rating on BB is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Blackberry stock forecast page.
Metrics for Advanced BB Traders
BB Growth Metrics
Last year, BB revenue was $637.00M. In the last five year, BB's revenue has gone up by -8.1% per year. This was slower than the Software - Infrastructure industry average of 17.85%.
You can research BB's earnings and revenue performance here.
Are BB insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at BB have sold more shares than they have bought.
Philip S. Kurtz, CLO Corp. Secretary of BB, was the latest BB insider to sell. They sold $37,962.65 worth of BB shares on Sep 28, 2024.
Learn more about who owns BB shares here.
Can I get consistent income from BB stock?
No, Blackberry doesn't provide an income stream by paying out dividends.
What others are saying about BB
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your BB trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Press the Open button and your broker will place the order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Track your BB position
Now that you own some shares in BB, you'll want to stay up-to-date on your shares.
Add BB to a watchlist to track the latest developments regarding your BB stock.
BB Feed
How to Buy Stock in Blackberry
To reiterate, here are the 6 steps to buy stock in Blackberry:
- Choose where to buy Blackberry stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Blackberry stock
- Make your BB trade
- Track your BB position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Blackberry, hit the button below to create your watchlist.
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