--- title: "Weekly Recap | Blackberry -5.64%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/298096025.md" description: "Blackberry (BB) fell 5.64% this week to close at $7.70. The S&P 500 added 0.09% over the same period, leaving BB about 5.73 percentage points behind the benchmark. The stock traced a volatile, down-trending range across the five sessions, with an intraweek amplitude of 9.24%. It opened Monday at $8.12 and touched a weekly high of $8.33 before slipping through the next three sessions. Wednesday ended near $7.61, and Thursday printed the week’s low at $7.58." datetime: "2026-09-05T06:18:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298096025.md) - [en](https://longbridge.com/en/news/298096025.md) - [zh-HK](https://longbridge.com/zh-HK/news/298096025.md) generator: "portal-rs" --- # Weekly Recap | Blackberry -5.64%, consensus target above spot ## The Week Blackberry (BB) fell 5.64% this week to close at $7.70. The S&P 500 added 0.09% over the same period, leaving BB about 5.73 percentage points behind the benchmark. The stock traced a volatile, down-trending range across the five sessions, with an intraweek amplitude of 9.24%. It opened Monday at $8.12 and touched a weekly high of $8.33 before slipping through the next three sessions. Wednesday ended near $7.61, and Thursday printed the week’s low at $7.58. The final two sessions hovered around $7.70.\\n\\n## Key Events\\n\\nThis week’s coverage centred on Blackberry’s repositioning and its AI partnerships. On Tuesday, two deep-dive pieces framed Blackberry as one of the market’s overlooked tech assets, tracing the shift from its legacy device business towards software and AI infrastructure. On Friday, EdgeMode issued a statement confirming that its review process with Blackberry AIF and BLACK AI Group would be extended for up to six months. This was the only company-specific development on Blackberry’s collaboration pipeline, and it pushes the timeline for those AI initiatives further out. No material filings emerged during the week; all three news items were industry commentary or statements from partners.\\n\\n## Analyst Ratings\\n\\nEight institutions cover Blackberry: one rates it buy, one over, four hold, one under, and one sell. The consensus rating is hold, with a consensus target of $9.71429, implying about 26.16% upside from the current $7.70. Targets range from $5.20 to $13.00, a wide spread that signals meaningful disagreement among brokers. Within the systems software industry, Blackberry ranks 22nd out of 47 companies, placing it in the lower half of the group.\\n\\n## The Week Ahead\\n\\nOn the earnings calendar, the next significant release is Blackberry’s fiscal 2027 second-quarter report, due after the market close on 24 September, with consensus estimates at $0.025 EPS and $146 million in revenue. Before that, the NFIB Small Business Optimism Index lands on 8 September, and 10 September brings a dense block of macro data, including initial jobless claims, PPI readings, and the 10-year Treasury auction. These releases will help set the external tone for software and growth names.\\n\\n## In Short\\n\\nBlackberry’s 5.64% weekly decline sits alongside a consensus target that is 26.16% above spot, underscoring the gap between market pricing and sell-side expectations. Latest-session flow shows large-lot money on the net buying side while mid and small lots split, but a single snapshot does not make a trend. Into the 24 September earnings date, the stock will likely continue to trade off updates on the AI review process and the broader macro tape.\\n\\n*This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [BB.US](https://longbridge.com/en/quote/BB.US.md) ## Related News & Research - [BlackBerry: What Happened This Week And What’s Next](https://longbridge.com/en/news/305177779.md) - [Blackberry Stock Just Scored a New 'Buy' Rating. Here's Why.](https://longbridge.com/en/news/290869297.md) - [CoreWeave (CRWV) Rolls Out Managed PostgreSQL As Its AI Platform Gets Broader](https://longbridge.com/en/news/305388403.md) - [LUNR: Revenue topped $269M as backlog hit $1.9B; FY26 revenue guidance is $920M-$950M](https://longbridge.com/en/news/305314600.md) - [Coinbase CEO Says AI Agents Are Sending Hundreds of Feature Requests Daily, With Some Updates Live in Under 24 Hours](https://longbridge.com/en/news/305302620.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**