Oct 13 close Sign in

Software & devices

BlackBerry (BB)

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Hold51 / 100

Hold: 51 is between your Sell line (40) and Buy line (60). Trend (+33% vs 200-day) scores 96 and lifts it; Off the high (−32% from its 1-year high) scores 0 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightBBPointsWeightAdds
Plays in55%554022.0
Off the high−32% from its 1-year high0300.0
Trend+33% vs 200-day963028.8
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for BB
FactorBBPointsWhat it is
Plays in55%55The share of the plays you count that hold it now.
Analysts' upside+5% · 4 analysts36How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating––The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E67.2×13Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E36.0×7Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG1.4747P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales8.1×20Market value over the last 12 months' revenue. Lower ranks higher. Source: SEC filings to 2026-08-31.
Price to book6.3×27Price over book value (assets minus debts) per share. Lower ranks higher. Source: SEC filings to 2026-08-31.
Dividend yieldnone0Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth+150%88Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth+23%68Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: SEC filings to 2026-08-31.
Profit margin13%56Net profit as a share of revenue. Higher ranks higher. Source: SEC filings to 2026-08-31.
Return on equity10%41Profit as a share of shareholders' equity. Higher ranks higher. Source: SEC filings to 2026-08-31.
Debt to equity0.25×70Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: SEC filings to 2026-08-31.
Off the high−32% from its 1-year high0How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend+33% vs 200-day96How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum+93%91The price change over the last 12 months. Higher ranks higher.
Low crash exposure4/10 · moderate60The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on BB

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in55 / 100Every play Be The Puck tests, in 7 families.
Crash exposureModerate4 of 10 on the storm testMayer Multiple1.33×Price ÷ its 200-day average (+33%). Higher than on 89% of days since 2005. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about BB now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved BB lately

Its biggest move against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Mon Sep 28+9.0% against the S&P/TSX2.5× a normal day

BB +8.1%, the S&P/TSX −0.9% that session; +15.2% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on BB was found for this session. Be The Puck's headline archive for BB starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved −0.9%. The 33 other Software & devices stocks Be The Puck covers moved −0.4% on average, so most of the move was its own.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on BB

All 100 plays, by family.

Calls right: how often the play's calls on BB went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyOUTOct 13, 2026 0.0%Enter above C$12.47 (+3.2%)27% 150/551+2.7% / −4.3%−91.0% / −98.1%
Bull Market Support BandBenjamin Cowen · weeklyINOct 2, 2026 −8.6%Exit below C$11.40 (−5.7%)25% 28/114−3.5% / −4.3%−93.0% / −98.1%
Ripster EMA CloudRipster · dailyINSep 21, 2026 +1.2%Exit below C$12.01 (−0.7%)27% 91/338+3.1% / −4.3%−89.8% / −98.1%
Trend TemplateMark Minervini · dailyINOct 6, 2026 −11.4%Exit below C$11.76 (−2.8%)20% 20/101−0.9% / −4.3%−86.1% / −98.1%
Stage AnalysisStan Weinstein · weeklyINApr 24, 2026 +74.7%Exit below C$10.89 (−9.9%)20% 14/70−2.1% / −4.3%−88.9% / −98.1%
Stage 2 + Mansfield RSStan Weinstein · weeklyINApr 17, 2026 +82.4%Exit below C$10.89 (−9.9%)26% 19/72+1.9% / −4.3%−85.6% / −98.1%
10-Month SMAMeb Faber · month-endINApr 30, 2026 +64.5%Exit below C$9.75 (−19.4%)20% 11/54−4.8% / −4.3%−93.1% / −98.1%
200-Day RulePaul Tudor Jones · dailyINApr 14, 2026 +120.2%Exit below C$9.10 (−24.7%)15% 26/174+3.8% / −4.3%−77.1% / −98.1%
Golden CrossMarket tradition · dailyINMay 8, 2026 +37.4%Not on one close33% 12/36−3.6% / −4.3%−92.6% / −98.1%
Granville 200-DayJoseph E. Granville · dailyINApr 28, 2026 +72.0%Exit below C$9.10 (−24.7%)13% 13/100+2.3% / −4.3%−73.8% / −98.1%
Hull Moving AverageAlan Hull · weeklyINOct 2, 2026 −8.6%Exit below C$8.71 (−28.0%)32% 46/145+1.8% / −4.3%−90.7% / −98.1%
Kaufman Adaptive MAPerry J. Kaufman · dailyOUTOct 13, 2026 0.0%Enter above C$12.32 (+1.9%)26% 182/713+7.3% / −4.3%−70.2% / −98.1%
TEMA CrossoverPatrick G. Mulloy · dailyINSep 15, 2026 +11.4%Exit below C$6.69 (−44.7%)40% 97/245+4.1% / −4.3%−91.1% / −98.1%
Seykota 15/150Ed Seykota · dailyINApr 21, 2026 +58.5%Not on one close29% 10/34+1.8% / −3.2%−86.3% / −98.1%
Guppy Multiple MAsDaryl Guppy · dailyINSep 30, 2026 −5.8%Exit below C$10.48 (−13.3%)28% 38/134−0.3% / −4.3%−89.0% / −98.1%
Ichimoku CloudGoichi Hosoda · dailyOUTAug 10, 2026 −2.0%Enter above C$14.46 (+19.6%)30% 36/119+5.2% / −4.3%−82.5% / −98.1%
SupertrendOlivier Seban · dailyINSep 22, 2026 −0.2%Exit below C$11.34 (−6.2%)38% 68/179+0.7% / −4.3%−91.6% / −98.1%
Williams AlligatorBill Williams · dailyINSep 29, 2026 −2.0%Not on one close41% 107/263−0.4% / −4.3%−92.1% / −98.1%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyOUTOct 13, 2026 0.0%Enter above C$11.88 (−1.7%)36% 191/538+5.5% / −4.3%−83.4% / −98.1%
AroonTushar S. Chande · dailyINSep 22, 2026 −0.2%Exit below C$10.34 (−14.5%)39% 81/207+5.0% / −4.3%−89.0% / −98.1%
Parabolic SARJ. Welles Wilder Jr. · dailyOUTOct 8, 2026 −1.5%Enter above C$13.70 (+13.3%)42% 183/437+13.4% / −4.3%−82.5% / −98.1%
ADX TrendJ. Welles Wilder Jr. · dailyOUTJul 16, 2026 −5.8%Enter above C$24.14 (+99.7%)33% 53/162+3.1% / −4.3%−82.8% / −98.1%
MACD Zero LineGerald Appel · dailyINSep 24, 2026 −1.5%Exit below C$8.88 (−26.6%)32% 61/188+2.5% / −4.3%−87.0% / −98.1%
Zweig 4% ModelMartin Zweig · weeklyINSep 18, 2026 +8.3%Exit below C$12.70 (+5.1%)36% 110/304+3.4% / −4.3%−84.9% / −98.1%
MAMA/FAMA CrossJohn F. Ehlers · dailyINSep 21, 2026 +1.2%Not on one close34% 77/226+3.6% / −4.3%−86.5% / −98.1%
Schaff Trend CycleDoug Schaff · dailyINSep 17, 2026 +8.7%Exit below C$12.08 (−0.1%)42% 94/224+8.3% / −4.3%−84.0% / −98.1%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyINSep 24, 2026 −1.5%Exit below C$9.52 (−21.2%)32% 58/182+3.3% / −4.3%−87.4% / −98.1%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyINOct 1, 2026 −7.2%Exit below C$7.84 (−35.1%)29% 31/108−0.4% / −4.3%−89.0% / −98.1%
Elder Triple ScreenAlexander Elder · dailyINSep 24, 2026 −1.5%Exit below C$11.22 (−7.2%)36% 79/217+11.8% / −4.3%−68.5% / −98.1%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTJun 26, 2026 −25.0%Not on one close31% 17/54−0.9% / −4.3%−55.6% / −98.1%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyINOct 6, 2026 −11.4%Exit below C$10.60 (−12.3%)37% 55/149−2.3% / −4.3%−95.9% / −98.1%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTOct 8, 2026 −1.5%Enter above C$13.85 (+14.6%)35% 41/118+3.6% / −4.3%−76.1% / −98.1%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTOct 8, 2026 −1.5%Enter above C$13.85 (+14.6%)35% 32/92+3.8% / −4.3%−74.7% / −98.1%
Clenow TrendAndreas F. Clenow · dailyINSep 30, 2026 −5.8%Exit below C$11.52 (−4.7%)26% 22/85+0.4% / −4.3%−81.4% / −98.1%
Darvas BoxNicolas Darvas · dailyINSep 24, 2026 −1.5%Exit below C$10.34 (−14.5%)41% 50/123−0.9% / −4.3%−90.2% / −98.1%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTOct 13, 2026 0.0%Enter above C$14.25 (+17.9%)35% 56/162+0.9% / −4.3%−81.8% / −98.1%
Bollinger BreakoutJohn Bollinger · dailyOUTOct 13, 2026 0.0%Enter above C$13.96 (+15.5%)38% 77/202+4.8% / −4.3%−85.8% / −98.1%
Chandelier ExitChuck LeBeau · dailyINSep 22, 2026 −0.2%Exit below C$11.70 (−3.2%)39% 83/213+4.5% / −4.3%−84.9% / −98.1%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyINSep 21, 2026 +1.2%Exit below C$11.30 (−6.5%)38% 78/205+4.4% / −4.3%−82.5% / −98.1%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyINSep 22, 2026 −0.2%Exit below C$11.65 (−3.6%)43% 77/181+8.9% / −4.3%−82.9% / −98.1%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyINSep 21, 2026 +1.2%Exit below C$11.78 (−2.5%)30% 104/351+7.4% / −4.3%−80.1% / −98.1%
Acceleration BandsPrice Headley · dailyOUTOct 5, 2026 −6.6%Not on one close35% 65/184+7.3% / −4.3%−40.3% / −98.1%
TTM SqueezeJohn F. Carter · dailyOUTOct 8, 2025 +82.4%Not on one close47% 52/110+2.9% / −4.3%−49.8% / −98.1%
NR7 BreakoutToby Crabel · dailyOUTOct 7, 2026 −3.4%Enter above C$13.34 (+10.3%)36% 232/645+5.4% / −4.3%−82.3% / −98.1%
Bollinger SqueezeJohn Bollinger · dailyOUTMar 6, 2026 +158.9%Not on one close50% 17/34−0.3% / −4.3%−43.8% / −98.1%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endINApr 30, 2026 +64.5%Exit below C$7.10 (−41.2%)29% 10/34−2.7% / −4.3%−89.8% / −98.1%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endINMay 29, 2026 −2.2%Not on one close36% 13/36−7.8% / −4.3%−95.6% / −98.1%
Dual MomentumGary Antonacci · month-endINApr 30, 2026 +64.5%Exit below C$7.90 (−34.7%)25% 6/24−2.6% / −4.3%−92.1% / −98.1%
Stocks on the MoveAndreas F. Clenow · dailyOUTMay 22, 2026 +11.1%Not on one close29% 26/91+2.2% / −4.3%−60.3% / −98.1%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endOUTJul 31, 2026 +1.3%Enter above C$17.01 (+40.7%)50% 6/12+8.9% / −4.3%−38.5% / −98.1%
Levy Relative StrengthRobert A. Levy · weeklyINSep 18, 2026 +8.3%Exit below C$12.05 (−0.3%)28% 29/104+3.6% / −4.3%−84.0% / −98.1%
MACD Signal CrossGerald Appel · dailyOUTOct 13, 2026 0.0%Enter above C$12.89 (+6.6%)37% 143/382+7.9% / −4.3%−83.8% / −98.1%
Elder ImpulseAlexander Elder · dailyOUTOct 8, 2026 −1.5%Enter above C$12.73 (+5.3%)35% 224/649+14.7% / −4.3%−69.5% / −98.1%
Know Sure ThingMartin J. Pring · dailyINSep 8, 2026 +11.8%Exit below C$8.50 (−29.7%)41% 124/305+2.4% / −4.3%−86.3% / −98.1%
Coppock CurveEdwin S. C. Coppock · month-endINNov 29, 2024 +228.5%Not on one close39% 12/31+6.3% / −4.0%−84.4% / −98.1%
CCI +100Donald R. Lambert · dailyOUTOct 7, 2026 −3.4%Enter above C$13.74 (+13.6%)32% 168/520+5.5% / −4.3%−74.7% / −98.1%
TRIX Signal CrossJack K. Hutson · dailyINSep 15, 2026 +11.4%Not on one close44% 112/255+4.4% / −4.3%−88.6% / −98.1%
TSI Zero LineWilliam Blau · dailyINSep 24, 2026 −1.5%Exit below C$8.67 (−28.3%)32% 60/186+2.5% / −4.3%−87.7% / −98.1%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endINApr 30, 2026 +64.5%Exit below C$11.26 (−6.9%)35% 35/99−1.4% / −4.3%−88.8% / −98.1%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endINMay 29, 2026 −2.2%Not on one close36% 10/28−8.4% / −7.0%−94.9% / −98.1%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyOUTSep 30, 2026 −5.8%Not on one close32% 12/37−6.1% / −4.3%−92.6% / −98.1%
PMO Signal CrossCarl Swenlin · dailyINSep 17, 2026 +8.7%Exit below C$10.92 (−9.7%)39% 117/301+5.1% / −4.3%−88.4% / −98.1%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyOUTApr 28, 2026 +72.0%Not on one close64% 32/50−1.4% / −4.3%−92.6% / −98.1%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTAug 27, 2026 +1.0%Buy C$9.10–C$11.28 (−6.7%)59% 121/206+2.8% / −4.3%−45.7% / −98.1%
Double 7sLarry Connors & Cesar Alvarez · dailyINOct 8, 2026 −1.5%Sell above C$13.65 (+12.9%)54% 126/235−7.1% / −4.3%−91.2% / −98.1%
Bollinger ReversionJohn Bollinger · dailyOUTAug 27, 2026 +1.0%Buy below C$10.55 (−12.7%)60% 111/186−4.8% / −4.3%−89.6% / −98.1%
Stochastic 20/80George C. Lane · dailyOUTOct 7, 2026 −3.4%Not on one close59% 97/165−7.7% / −4.3%−96.2% / −98.1%
Williams %RLarry Williams · dailyOUTSep 22, 2026 −0.2%Not on one close59% 160/269−11.3% / −4.3%−98.2% / −98.1%
DeMark 9-CountTom DeMark · dailyINJul 16, 2026 −5.8%Not on one close63% 56/89−0.6% / −4.3%−93.5% / −98.1%
Mayer MultipleTrace Mayer · dailyINJul 2, 2026 −25.9%Sell above C$21.99 (+81.9%)67% 4/6−2.9% / −4.3%−97.6% / −98.1%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTJul 30, 2026 +2.0%Buy below C$3.89 (−67.8%)67% 48/72+4.5% / −4.3%−27.6% / −98.1%
Laguerre RSIJohn F. Ehlers · dailyOUTOct 8, 2026 −1.5%Not on one close51% 159/313+4.5% / −4.3%−76.6% / −98.1%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyINOct 9, 2026 −4.9%Not on one close55% 220/402−6.6% / −4.3%−95.1% / −98.1%
IBS ReversionAlexander S. Pagonidis · dailyOUTOct 8, 2026 −1.5%Buy below C$12.09 (0.0%)56% 1171/2102−4.5% / −4.3%−89.7% / −98.1%
Connors %bLarry Connors & Cesar Alvarez · dailyOUTSep 21, 2026 +1.2%Not on one close66% 43/65+1.2% / −4.3%−67.5% / −98.1%
Fisher TransformJohn F. Ehlers · dailyOUTOct 7, 2026 −3.4%Enter above C$14.63 (+21.0%)38% 400/1043+6.6% / −4.3%−75.1% / −98.1%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endOUTSep 30, 2026 −5.8%Buy below C$13.10 (+8.3%)62% 76/123−3.7% / −4.3%−91.7% / −98.1%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyINSep 17, 2026 +8.7%Exit below C$12.09 (0.0%)30% 195/646+9.5% / −4.3%−83.1% / −98.1%
Chaikin Money FlowMarc Chaikin · dailyINOct 2, 2026 −8.6%Not on one close44% 80/182+1.9% / −4.3%−87.9% / −98.1%
Money Flow IndexGene Quong & Avrum Soudack · dailyINAug 5, 2026 −1.5%Not on one close62% 39/63+2.1% / −4.3%−86.4% / −98.1%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyOUTOct 7, 2026 −3.4%Not on one close34% 27/79+8.2% / −4.2%−45.5% / −98.1%
Force IndexAlexander Elder · dailyOUTOct 13, 2026 0.0%Enter above C$12.52 (+3.5%)28% 179/632−3.1% / −4.3%−94.8% / −98.1%
Buff AveragesBuff Dormeier · dailyINSep 18, 2026 +8.3%Exit below C$11.69 (−3.3%)35% 115/328+4.2% / −4.3%−87.5% / −98.1%
Chaikin OscillatorMarc Chaikin · dailyINOct 13, 2026 0.0%Exit below C$12.09 (0.0%)36% 203/568−3.2% / −4.3%−91.9% / −98.1%
Volume Flow IndicatorMarkos Katsanos · dailyINApr 14, 2026 +120.2%Not on one close26% 37/140−8.2% / −4.1%−97.2% / −98.1%
Klinger OscillatorStephen J. Klinger · dailyOUTOct 8, 2026 −1.5%Buy C$11.99–C$12.38 (−0.8%)35% 301/856+5.5% / −4.3%−83.6% / −98.1%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyOUTAug 12, 2026 −1.4%Not on one close54% 76/140−4.0% / −4.3%−90.2% / −98.1%
HikkakeDaniel L. Chesler · dailyOUTSep 2, 2026 +14.7%Enter above C$12.72 (+5.2%)40% 43/107−1.2% / −4.3%−86.4% / −98.1%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTMar 4, 2026 +154.0%Not on one close49% 37/76−0.1% / −4.3%−47.9% / −98.1%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 +64.5%Buys Oct 3060% 26/43+4.8% / −4.3%−88.9% / −98.1%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyOUTApr 29, 2026 +64.0%Enter above C$13.87 (+14.7%)60% 26/43+5.7% / −4.3%−85.1% / −98.1%
Seasonal TimingSy Harding · dailyOUTMay 15, 2026 +42.2%Window opens Oct 1658% 25/43+6.2% / −4.3%−85.6% / −98.1%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 +126.4%Buys Dec 2345% 20/44−0.2% / −4.3%−41.0% / −98.1%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 −6.6%Buys Oct 2947% 247/526−2.5% / −4.3%−82.8% / −98.1%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 −5.8%Sells Jun 3045% 5/11−0.5% / −4.3%−82.8% / −98.1%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 +13.6%Buys Nov 2446% 177/386+0.9% / −4.3%−34.8% / −98.1%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +174.1%Not on one close55% 11/20+5.3% / −4.3%−91.5% / −98.1%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1651% 1156/2284−8.0% / −4.3%−98.2% / −98.1%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 +13.0%Buys Oct 2751% 177/348+5.0% / −4.3%−18.1% / −98.1%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 −8.6%Sells Oct 1650% 271/541−10.1% / −4.3%−95.7% / −98.1%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINJan 4, 2005Always in–−4.3%−98.1%

If the market cracks: the storm test

How the storm test works
ExposureModerate4 of 10 points
  • Market swings0/3
  • Past crashes2/2
  • Debt0/3
  • Run-up2/2
  • It fell about 2.1× as far as its index in past crashes.
  • It is up 254% in two years, a run-up size that crashed about half the time in history.

Past crashes, peak to low

Financial crisis Oct 2007 to Dec 2008 · never got back

BB−60%
TSX−47%

COVID crash Feb 2020 to Mar 2020 · back to its old high Dec 2020

BB−49%
TSX−37%

2022 bear market Jan 2022 to Oct 2022 · back to its old high May 2026

BB−51%
TSX−14%
  • Beta1.07Moves about 1.1× as much as the TSX week to week.
  • Downside capture−142%In months the TSX fell, this fell -142% as much on average (it often rose anyway).
  • Two-year change+254%Run-ups of 100%+ crashed 40% or more within two years about half the time (Greenwood, Shleifer & You).
  • From 52-week high−32%
  • Debt to equity0.30×
  • Net debt / EBITDANet cashHolds more cash than debt.
  • Interest cover10.8×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Software - Infrastructure · BlackBerry Limited provides intelligent software and services to enterprises and governments worldwide. The company operates through three segments: Secure Communications, QNX, and Licensing.

Size and valuation
Market capC$7.1BWhat the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)$614MTotal sales.
P/E ratio67.2×Buyers pay C$67 for each C$1 of the last year's profit.
Forward P/E36.0×Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book6.3×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin13.1%Keeps 13¢ of each dollar of sales as profit.
Revenue growth+23.5%The last four quarters' sales against the four before.
Earnings growth+150.0%Same comparison for profit.
Return on equity10.2%Yearly profit as a share of shareholders' money in the business.
Free cash flow$138MCash left after running and investing in the business.
Balance sheet
Total equity$746MWhat it owns minus what it owes.
Total debt$221MLoans and bonds it has to pay back, with interest.
Cash$378MCash and short-term investments on hand.
Debt to equity0.30×Comfortable.
Interest cover10.8×Interest is easily paid from profit.
Wall Street
Average analyst targetC$12.745% above the close, from 4 analysts (range C$9.34 to C$17.05).

P/E, price to sales and book, growth, margin and return on equity from the company's SEC filings for the quarter to 2026-08-31; other company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

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