GET DAILY SIGNALSBlackberry (BB, $9.32) Q4 revenue misses expectations, amid patent negotiations
BlackBerry Limited posted fourth quarter revenue that fell short of analysts’ expectations. This could in part be due to licensing revenue challenges amid negotiations to sell patents that bring in licensing revenue.
The company’s adjusted earnings for the quarter came in at 3 cents a share, on non-GAAP revenue of $215 million. In the same period a year ago, the company reported earnings of 9 cents a share on sales of $291 million. Analysts on average expected adjusted earnings of 3 cents a share on sales of $245 million.
BlackBerry is attempting to sell some patents to an unnamed buyer. “We entered into an exclusive negotiation with a North American party for the sale of a portion of the company’s portfolio, primarily related to mobile-devices messaging and wireless networking,” Chief Executive John Chen said in a conference call Tuesday. He added that BlackBerry “limited these licensing activities in the quarter due to the negotiations and because of accounting rules.”
Chen indicated that predicting 2021 results was made difficult by the patent negotiations. He said that if a sale does not happen, BlackBerry would project $100 million in annual licensing revenue. For its core software and services business, Chen expected annual sales of $675 million to $715 million.
BB sees its Stochastic Oscillator ascends from oversold territory
On November 06, 2026, the Stochastic Oscillator for BB moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 54 instances where the indicator left the oversold zone. In 47 of the 54 cases the stock moved higher in the following days. This puts the odds of a move higher at over 87%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for BB just turned positive on November 10, 2026. Looking at past instances where BB's MACD turned positive, the stock continued to rise in 32 of 37 cases over the following month. The odds of a continued upward trend are 86%.
BB moved above its 50-day moving average on November 06, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +10.15% 3-day Advance, the price is estimated to grow further. Considering data from situations where BB advanced for three days, in 215 of 282 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.
The Aroon Indicator entered an Uptrend today. In 173 of 232 cases where BB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 75%.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 10, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BB as a result. In 62 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 77%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BB declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 76%.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 37 (best 1 - 100 worst), indicating steady price growth. BB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 68 (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 82 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.481) is normal, around the industry mean (16.360). P/E Ratio (67.231) is within average values for comparable stocks, (53.310). Projected Growth (PEG Ratio) (1.472) is also within normal values, averaging (3.696). Dividend Yield (0.000) settles around the average of (0.434) among similar stocks. P/S Ratio (7.843) is also within normal values, averaging (104.492).
The Tickeron PE Growth Rating for this company is 87 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BB’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a developer of hardware and software solutions for mobile communications
Industry ComputerCommunications
Advertisement