BB
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BlackBerry Limited (BB) closed at $3.22 as of 2026-03-20, trading 18.8% below its 200-week moving average of $3.96. This places BB in the extreme value zone. The stock is currently moving closer to the line, down from -16.0% last week. With a 14-week RSI of 19, BB is in oversold territory.
Trading volume is running at 1.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.90 ratio) is neutral — neither side is clearly dominating.
Over the past 1367 weeks of data, BB has crossed below its 200-week moving average 12 times. On average, these episodes lasted 72 weeks. The average one-year return after crossing below was -28.2%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $1900 million, BB is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 2.9%. The stock trades at 2.6x book value.
Share count has increased 3.5% over three years, indicating dilution.
Over the past 26.2 years, a hypothetical investment of $100 in BB would have grown to $21, compared to $740 for the S&P 500. BB has returned -5.8% annualized vs 7.9% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: BB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BB Crosses Below the Line?
Across 12 historical episodes, buying BB when it crossed below its 200-week moving average produced an average return of -28.0% after 12 months (median -37.0%), compared to +4.1% for the S&P 500 over the same periods. 10% of those episodes were profitable after one year. After 24 months, the average return was -38.4% vs +12.1% for the index.
Each line shows $100 invested at the moment BB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BB has crossed below its 200-week MA 12 times with an average 1-year return of +-28.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2000 | Jun 2000 | 8 | 40.2% | -22.5% | -47.1% |
| Jan 2001 | Jan 2001 | 1 | 8.6% | -44.4% | -59.4% |
| Feb 2001 | Sep 2003 | 135 | 77.4% | -46.4% | -52.9% |
| Oct 2008 | Mar 2009 | 25 | 37.4% | +23.9% | -94.2% |
| Oct 2009 | Feb 2010 | 15 | 12.7% | -3.1% | -94.5% |
| Mar 2010 | Apr 2017 | 367 | 85.8% | -18.1% | -95.3% |
| Oct 2018 | Oct 2018 | 1 | 1.1% | -41.7% | -64.1% |
| Nov 2018 | Mar 2019 | 16 | 23.1% | -38.9% | -64.1% |
| May 2019 | Jan 2021 | 88 | 62.7% | -46.7% | -63.5% |
| Jan 2022 | Sep 2025 | 191 | 65.0% | -44.5% | -59.1% |
| Nov 2025 | Dec 2025 | 2 | 2.6% | N/A | -22.8% |
| Dec 2025 | Ongoing | 14+ | 18.8% | Ongoing | -14.6% |
| Average | 72 | — | +-28.2% | — |
Frequently Asked Questions
Is BB below its 200-week moving average?
Yes. As of 2026-03-20, BlackBerry Limited (BB) is trading 18.8% below its 200-week moving average of $3.96. The current price is $3.22.
What is BB's 200-week moving average price?
BlackBerry Limited's 200-week moving average is $3.96 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when BB drops below its 200-week moving average?
BB has crossed below its 200-week moving average 12 times in our data. The average one-year return after these crossings was -28.2%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 72 weeks on average.
Is BB a good value right now?
Here's what our data says about BB as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 19 (oversold). Free cash flow is currently negative. Return on equity is 2.9%. Price-to-book is 2.6x. This is not a buy or sell recommendation — always do your own research.
How does BB compare to the S&P 500?
Over the past 26.2 years, $100 invested in BB would have grown to $21, compared to $740 for the S&P 500. That's -5.8% annualized vs 7.9% for the index. BB has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20