BlackBerry Ltd.
The Company: A heritage of innovation Founded in 1984, the Company equips, leading automakers, governments and regulated industries with secure, reliable software that drives productivity, resilience and mission-critical performance. Based in Waterloo, Ontario, the Company has two core divisions, QNX and Secure Communications, each addressing large and growing market opportunities.
$9.41
+$0.54 (+6.09%)
EOD Oct 21, 2026
Operating margin is thin at 8.80%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 2.7%, essentially flat. This is a business that needs a catalyst.
At 69x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
68.9x earnings, 60.0x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$614M
▲ +2.7% YoY
Net Income (TTM)
$80M
▲ +167.3% YoY
Op. Margin
13.63%
▲ +8.6pp YoY
ROIC
7.34%
▲ +4.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$92M
▲ +247.0% YoY
Op. Cash Flow (TTM)
$98M
▲ +204.8% YoY
Net Debt
-$157M
Net Cash Position
Cash & Equiv.
$378M
5Y CAGR: -9.3%
5Y CAGR: -8.9%
Continue Research
SourceComputed from the 10-Q filed 21 Sept 2026, covering the period ending 31 Aug 2026, as reported to the SEC. Data last refreshed 25 Sept 2026. How this is calculated.
Price from market data, last close as of 21 Oct 2026. Fiscal year ends Feb. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is BlackBerry (BB) overvalued?
At a P/E of 68.9 and a price-to-free-cash-flow of 60.0, BlackBerry (BB) trades above a two-stage DCF intrinsic value of about $7.40 per share, so at $9.41 the stock looks overvalued (21.4% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, BlackBerry scores 64/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is BlackBerry's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $7.40 per share for BB, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $5.55. At today's $9.41, that puts the stock about 21.4% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is BlackBerry a high-quality business?+
BlackBerry scores 64 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 13.6% operating margin and a 7.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is BlackBerry a good stock to buy right now?+
That depends on valuation and quality together, not either alone. BB currently trades above its estimated intrinsic value and scores 64/100 on quality (solid). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Services-Prepackaged Software
Spot a number that looks wrong? Check it in BB's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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