Blackberry stock price prediction is an act of determining the future value of Blackberry shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Blackberry's future price could yield a significant profit.
Will BlackBerry stock hit $10 in 2022?
BlackBerry stock price stood at $8.62 According to the latest long-term forecast, BlackBerry price will hit $10 by the end of 2022 and then $20 by the middle of 2030. BlackBerry Stock Price Forecast 2021-2022 BlackBerry price started in 2021 at $8.29.
What is BlackBerry's price targets for the next year?
Their forecasts range from $7.50 to $11.00. On average, they anticipate BlackBerry's stock price to reach $9.13 in the next year. This suggests a possible upside of 6.9% from the stock's current price. View analysts' price targets for BlackBerry or view top-rated stocks among Wall Street analysts.
Can we predict BlackBerry's stock value after the next significant headline?
In the context of predicting Blackberry's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Blackberry's historical news coverage. Blackberry's after-hype downside and upside margins for the prediction period are 4.20 and 9.68, respectively.
How much is a share of BlackBerry worth?
One share of BB stock can currently be purchased for approximately $8.54. How much money does BlackBerry make? BlackBerry has a market capitalization of $4.91 billion and generates $893 million in revenue each year. The company earns $-1.10 billion in net income (profit) each year or ($0.97) on an earnings per share basis.
What Will BlackBerry stock be worth in 2025?
BlackBerry stock price stood at $5.71YearMid-YearYear-End2024$10.82$11.732025$12.26$13.742026$15.29$16.352027$16.78$18.079 more rows
Is BlackBerry a good stock to buy?
BlackBerry (BB) doesn't make smartphones anymore. Yet the midcap firm, with a $3.9 billion market value, actually beat the market last year with a 41% gain in 2021. Yet BlackBerry stock has definitely cooled off a lot since June, when Wall Street analysts downgraded the stock.
Should I sell or hold BlackBerry?
A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Will BB stock go up?
Is BlackBerry a good stock to buy? BlackBerry recently posted its Q1 financial results for the fiscal 2023 and reported YOY decreases in revenues and profits. However, considering its growth prospects for fiscal 2025 and 2027 appear strong, investors continue to have a positive outlook toward BB stock.
Will BlackBerry stock keep rising?
Analysts, however, expect sales to rise to 23.3% to $900 million in fiscal 2024, while the adjusted net loss per share might narrow to $0.03. There is a good chance for BlackBerry to raise equity capital and dilute shareholder wealth given it ended the most recent quarter with $407 million in cash.
Is BlackBerry making a comeback?
The iconic BlackBerry is “not dead” and is set to make a comeback in 2022, a Texas-based security solutions start-up said, reminding lovers of the legacy handset that a 5G BlackBerry smartphone will be launched this year. The note comes as BlackBerry pulled the plug on its devices earlier this month.
Why is BlackBerry stock so low?
In anticipation of monetary policy tightening, most institutional investors started to adjust their bets and reduce their holdings in the technology sector (which is usually considered risky) in late 2021. This trend led to a massive tech sector-wide selling pressure — also driving BlackBerry stock downward.
Why is BlackBerry stock going down?
BlackBerry Stock Falls After Disappointing Quarterly Report The company noted that licensing revenue would be minimal in the new fiscal year, and this statement has clearly put pressure on BlackBerry stock. BlackBerry shares enjoyed several positive moments in 2021 due to the meme-stock mania.
Can you recover BlackBerry?
Where This Leaves BlackBerry. Last year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million.
Does BlackBerry have a future?
That makes for some tough math. Going forward the company will make its revenue primarily through its cybersecurity products and its IoT products. At its core, BlackBerry has always been about cybersecurity. However, on the company's earnings call, it said it expects revenue from the cyber sector to be flat in 2022.
Does BlackBerry pay a dividend?
Blackberry (NYSE: BB) does not pay a dividend.
What Will BlackBerry stock do tomorrow?
Tomorrow's movement Prediction of BlackBerry Limited BB as on 06 Jul 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened....Munafa value: 75 as on 06 Wed Jul 2022.Upside target6.03Upside target5.89Downside target5.8Downside target5.77Downside target5.75 more rows
What's the future of BlackBerry?
Going forward the company will make its revenue primarily through its cybersecurity products and its IoT products. At its core, BlackBerry has always been about cybersecurity. However, on the company's earnings call, it said it expects revenue from the cyber sector to be flat in 2022.
Why is BlackBerry stock so low?
In anticipation of monetary policy tightening, most institutional investors started to adjust their bets and reduce their holdings in the technology sector (which is usually considered risky) in late 2021. This trend led to a massive tech sector-wide selling pressure — also driving BlackBerry stock downward.
Is BlackBerry a takeover target?
As a result, there's tremendous demand for BlackBerry's products, making the company a potentially alluring takeover target. Additionally, BlackBerry's systems will enhance the attractiveness of an acquirer's products more by making them more secure and private.
Is BB stock a buy right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last twelve months. There are currentl...
Will BlackBerry's stock price go up in 2022?
6 brokerages have issued 12 month price objectives for BlackBerry's stock. Their forecasts range from $6.00 to $11.00. On average, they expect Blac...
How has BlackBerry's stock price performed in 2022?
BlackBerry's stock was trading at $9.35 at the beginning of the year. Since then, BB stock has decreased by 34.4% and is now trading at $6.13. Vie...
When is BlackBerry's next earnings date?
BlackBerry is scheduled to release its next quarterly earnings announcement on Thursday, June 23rd 2022. View our earnings forecast for BlackBerry .
How were BlackBerry's earnings last quarter?
BlackBerry Limited (NYSE:BB) issued its earnings results on Thursday, March, 31st. The company reported $0.01 earnings per share (EPS) for the quar...
What guidance has BlackBerry issued on next quarter's earnings?
BlackBerry updated its FY 2027 earnings guidance on Wednesday, June, 8th. The company provided earnings per share guidance of for the period. The c...
Who are BlackBerry's key executives?
BlackBerry's management team includes the following people: Mr. John S. Chen , Exec. Chairman & CEO (Age 66, Pay $3.02M) ( LinkedIn Profile ) Mr...
What is John Chen's approval rating as BlackBerry's CEO?
706 employees have rated BlackBerry CEO John Chen on Glassdoor.com . John Chen has an approval rating of 50% among BlackBerry's employees. This pu...
Who are some of BlackBerry's key competitors?
Some companies that are related to BlackBerry include Crown Castle International (CCI) , SBA Communications (SBAC) , United States Cellular (USM...
Is BLACKBERRY Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering ( NYSE : BB ) stock is to Hold BB stock. Out of 3 analysts , 0 ( 0% ) are recommendin...
What is BB's earnings growth forecast for 2023-2024?
( NYSE : BB ) BLACKBERRY 's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's...
What is BB's revenue growth forecast for 2023-2024?
( NYSE : BB ) BLACKBERRY 's forecast annual revenue growth rate of 4.03% is not forecast to beat the US Software - Infrastructure industry'...
What is BB's forecast return on assets (ROA) for 2023-2024?
(NYSE: BB) forecast ROA is -2.92%, which is lower than the forecast US Software - Infrastructure industry average of 19.69%.
What is BB's Price Target?
According to 2 Wall Street analyst s that have issued a 1 year BB price target, the average BB price target is $8.75 , with the highest BB...
What is BB's Earnings Per Share (EPS) forecast for 2023-2024?
(NYSE: BB) BLACKBERRY's current Earnings Per Share (EPS) is $0.02. On average, analysts forecast that BB's EPS will be -$0.20 for 2023, with the lo...
What is BB's forecast return on equity (ROE) for 2023-2024?
(NYSE: BB) forecast ROE is -4.82%, which is considered weak.
What does the final quote on BlackBerry mean?
The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for BlackBerry shares. This happens once a day.
How to calculate market capitalization?
It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
What is a short prior month?
Shares Short Prior Month - the number of shares in short positions in the last month.
What is dividend yield?
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
How to determine Blackberry value?
Investors typically determine Blackberry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackberry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
What is the intrinsic value of Blackberry?
Investors also form their own opinion of Blackberry's value that differs from its market value or its book value, called intrinsic value, which is Blackberry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value.
How to measure market sentiment?
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
What is mean reversion in Blackberry?
This tendency of Blackberry's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Why are people not buying Blackberry?
In that case, they are not buying Blackberry because the equity is a good investment, but because they need to do something to avoid the feeling of missing out.
Is it important to know the competition of Blackberry?
Having access to credible news sources related to Blackberry's direct competition is more important than ever and may enhance your ability to predict Blackberry's future price movements. Getting to know how Blackberry rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Blackberry may potentially react to the hype associated with one of its peers.
Does Blackberry have a cover story?
The number of cover stories for Blackberry depends on current market conditions and Blackberry's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Blackberry is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Blackberry's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
BB earnings per share forecast
What is BB 's earnings per share in the next 2 years based on estimates from 1 analyst?
BB revenue forecast
What is BB 's revenue in the next 2 years based on estimates from 1 analyst?
BB revenue growth forecast
How is BB forecast to perform vs Software - Infrastructure companies and vs the US market?
How much is the BlackBerry stock going up in 2023?
BlackBerry Stock Forecast 2023-2027. These five years would bring an increase: BlackBerry price would move from $17.82 to $29.62, which is up 66%. BlackBerry will start 2023 at $17.82, then soar to $18.29 within the first six months of the year and finish 2023 at $19.70.
When will the price of a BlackBerry be $20?
According to the latest long-term forecast, BlackBerry price will hit $20 by the middle of 2025 and then $30 by the end of 2029.
How much will the BlackBerry cost in 2028?
In this period, the BlackBerry price would rise from $27.80 to $35.03, which is +26%. BlackBerry will start 2028 at $27.80, then soar to $28.39 within the first half of the year, and finish 2028 at $29.00. It is about +139% from today.
How accurate is BlackBerry?
BlackBerry Ltd has risen higher in 11 of those 23 years over the subsequent 52 week period, corresponding to a historical accuracy of 47.83 %
Will BlackBerry Ltd Stock Go Up Next Year?
Over the next 52 weeks, BlackBerry Ltd has on average historically risen by 68.3% based on the past 22 years of stock performance.
