BlackBerry's Valuation: A Complex Mix of Undervaluation and High P/E Premium

Wednesday, Apr 1, 2026 4:34 pm ET1min read
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BlackBerry (TSX:BB) shares have posted mixed returns over the past year, with a recent 1-day share price return of 2.73%. The company is valued at CA$4.51 and has a 26% intrinsic discount, but its P/E of 90.7x is higher than the North American software average of 29x and the peer average of 58.5x. The narrative suggests BlackBerry is undervalued, but valuation risk is a concern.

BlackBerry's Valuation: A Complex Mix of Undervaluation and High P/E Premium

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