BB
BlackBerry Limited
BB has the edge over INTC overall, supported by lower modeled downside and stronger fundamentals.
INTC
Intel Corporation
INTC offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
BB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
BB's revenue, profitability, cash flow and balance sheet are all currently healthy.
INTC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Healthy |
INTC's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
BB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 43x | $9.12 | — |
| Cheap | 69x | $8.91 | -2.3% |
| Current | 70x | $9.12 | — |
| Fair | 92x | $12.00 | +32% |
| Expensive | 115x | $14.99 | +64% |
Historical ranges are pointers, not guarantees.
BB's PE is 70x, but its earnings don't support one, so it isn't a reliable read right now.
INTC PE Valuation
INTC has no meaningful PE right now: it lost money over the past year.
BB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BB, with profitability improving.
INTC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Broad | |
| Low |
Analysts expect earnings and revenue growth for INTC, with profitability improving. However, they disagree widely on these estimates.
BB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.21 | +64% |
| Q3 2026 | $0.13 | +$0.14 |
| Q2 2026 | $0.10 | +$0.16 |
| Q1 2026 | $0.09 | +$0.22 |
| Q4 2025 | $0.03 | +$0.23 |
| Q3 2025 | -$0.01 | +$0.22 |
| Q2 2025 | -$0.06 | +$0.21 |
| Q1 2025 | -$0.13 | +$0.09 |
| Q4 2024 | -$0.20 | +$0.75 |
BB has the edge over INTC on earnings quality, reporting a profit while its opponent remains loss making.
INTC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.41 | — |
| Q3 2026 | -$2.39 | -24000% |
| Q2 2026 | -$2.09 | +$2.68 |
| Q1 2026 | -$0.60 | +$3.88 |
| Q4 2025 | -$0.06 | +$4.32 |
| Q3 2025 | $0.01 | +$3.72 |
| Q2 2025 | -$4.77 | -2088% |
| Q1 2025 | -$4.48 | -562% |
| Q4 2024 | -$4.38 | -1195% |
INTC has swung to a loss: it lost $2.39 per share over the past year, after a profit the year before.
BB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $163.3M | +26% |
| Q2 2026 | $152.9M | +26% |
| Q1 2026 | $156M | +8.4% |
| Q4 2025 | $141.8M | -0.8% |
| Q3 2025 | $129.6M | -11% |
| Q2 2025 | $121.7M | -15% |
| Q1 2025 | $143.9M | -17% |
| Q4 2024 | $143M | -18% |
BB's revenue is recovering but still below its 2023 peak: $163M last quarter, up 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +12 points |
| Q2 2026 | 10% | +8.4 points |
| Q1 2026 | 15% | +19 points |
| Q4 2025 | 8.4% | -4.9 points |
| Q3 2025 | 8.9% | +23 points |
| Q2 2025 | 1.6% | +29 points |
| Q1 2025 | -4.3% | +28 points |
| Q4 2024 | 13% | +20 points |
BB has the edge over INTC on profitability, with a higher operating margin.
INTC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $16.5B | +21% |
| Q2 2026 | $16.1B | +25% |
| Q1 2026 | $13.6B | +7.2% |
| Q4 2025 | $13.7B | -4.1% |
| Q3 2025 | $13.7B | +2.8% |
| Q2 2025 | $12.9B | +0.2% |
| Q1 2025 | $12.7B | -0.4% |
| Q4 2024 | $14.3B | -7.4% |
INTC has the edge over BB on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +10 points |
| Q2 2026 | 11% | +36 points |
| Q1 2026 | -23% | -21 points |
| Q4 2025 | 4.2% | +1.4 points |
| Q3 2025 | 5% | +73 points |
| Q2 2025 | -25% | -9.4 points |
| Q1 2025 | -2.4% | +6 points |
| Q4 2024 | 2.9% | -14 points |
INTC's operating margin was 15% last quarter, up 10 points from the same quarter a year ago.
BB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $28.1M | +806% |
| Q2 2026 | $1.7M | +$20.6M |
| Q1 2026 | $44.9M | +8.5% |
| Q4 2025 | $17.4M | +480% |
| Q3 2025 | $3.1M | +$18.1M |
| Q2 2025 | -$18.9M | -$2.9M |
| Q1 2025 | $41.4M | +$58.4M |
| Q4 2024 | $3M | +$36M |
BB generated $92M in free cash flow over the past year, about three times what it generated the year before.
INTC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.1B | +774% |
| Q2 2026 | $4.5B | +$6B |
| Q1 2026 | -$2.5B | +$1.8B |
| Q4 2025 | $800M | +$3.5B |
| Q3 2025 | $121M | +$2.5B |
| Q2 2025 | -$1.5B | +$1.9B |
| Q1 2025 | -$4.4B | +$2.8B |
| Q4 2024 | -$2.7B | -$597M |
INTC's free cash flow has turned positive after four years mostly in the red: $3.8B over the past year.
BB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.5% | +56.5M shares |
| 1 year | +8.8% | +52.3M shares |
| 3 years | +11% | +66.1M shares |
| 5 years | +15% | +82.3M shares |
| Available history | +17% | +93M shares |
BB has the edge over INTC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $10M |
| Q1 2026 | $26.7M |
| Q4 2025 | $4M |
| Q3 2025 | $20M |
| Q2 2025 | $10M |
| Q1 2020 | — |
BB spent $41M buying back its own shares over the past year.
INTC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4% | +203M shares |
| 1 year | +17% | +776M shares |
| 3 years | +25% | +1.1B shares |
| 5 years | +30% | +1.2B shares |
| Available history | +19% | +834M shares |
INTC has 5.3B diluted shares, up 17% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | $114M |
| Q1 2021 | $2.3B |
BB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.7x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -1.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -1.8x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q4 2022 | -7.5x | Net Cash |
| Q3 2022 | -4.2x | Net Cash |
BB has the edge over INTC on leverage, with a lower net debt burden relative to earnings.
INTC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | 3.1x | Elevated |
| Q1 2026 | 3.9x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.0x | Elevated |
| Q1 2025 | 69.6x | High |
| Q3 2024 | 23.8x | High |
| Q2 2024 | 4.3x | High |
INTC's net debt is about 2.0 years of its operating earnings (EBITDA), down from 4.0 years a year ago.
BB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.5 | Neutral |
| Stochastic | 56.1 | Neutral |
BB's weekly RSI is 57 (neutral) and its Stochastic is 56 (neutral).
INTC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.1 | Neutral |
| Stochastic | 7.7 | Oversold |
INTC's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
BB PE vs Technology Sector
| Metric | BB | Sector median | Relative |
|---|---|---|---|
| PE | 70x | 28x | 152% above |
| PE % | 22 | 35 | 13 pts below |
BB is trading at 70x earnings, a 152% premium to the Technology sector's median of 28x, though its earnings don't support one.
INTC PE vs Technology Sector
| Metric | INTC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
INTC has no meaningful PE right now: it lost money over the past year.
BB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.71 | 4.7% above |
| 20 week MA | $8.78 | 3.9% above |
| 50 week MA | $6.57 | 39% above |
| 100 week MA | $5.35 | 70% above |
| 200 week MA | $4.43 | 106% above |
BB has the edge over INTC on trend strength, trading above more of its moving averages.
INTC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $88.4 | 31% below |
| 20 week MA | $95.3 | 36% below |
| 50 week MA | $79.3 | 23% below |
| 100 week MA | $52.1 | 18% above |
| 200 week MA | $42.5 | 44% above |
INTC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 44% above its 200-week average.
BB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.45 | $7.06 | +9.5% |
| 2021 | $7.06 | $9.48 | +34% |
| 2022 | $9.48 | $3.40 | -64% |
| 2023 | $3.40 | $3.54 | +4.1% |
| 2024 | $3.54 | $3.91 | +10% |
| 2025 | $3.91 | $3.97 | +1.5% |
| 2026 YTD | $3.97 | $9.12 | +130% |
BB has the edge over INTC on returns for 2026, with the stronger performance.
INTC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.1 | $47.1 | -22% |
| 2021 | $47.1 | $51.3 | +9% |
| 2022 | $51.3 | $26.1 | -49% |
| 2023 | $26.1 | $50.3 | +93% |
| 2024 | $50.3 | $20.3 | -60% |
| 2025 | $20.3 | $36.2 | +78% |
| 2026 YTD | $36.2 | $61.2 | +69% |
INTC is up 69% so far in 2026, after finishing lower in three of the previous six years.