Why is BB stock up 19% this year?
Why BlackBerry Stock Fell Hard Today. Shares of BlackBerry Limited (NYSE: BB) were falling today after the company reported its fourth-quarter …
How much has BlackBerry’s stock increased this year?
Mar 29, 2022 · Their forecasts range from $6.50 to $11.00. On average, they expect BlackBerry's stock price to reach $8.00 in the next year. This suggests a possible upside of 6.0% from the stock's current price. View analysts' price targets for BlackBerry or view top-rated stocks among Wall Street analysts.
Who buys BBBB stock?
Apr 12, 2022 · BlackBerry Ltd NYSE Updated Apr 12, 2022 11:59 PM. BB 6.70 0.06 (0.89%). Post-Market 0.04 (0.60%)
How many shares of BB stock are traded each day?
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What is the prediction for BB stock?
Stock Price Forecast The 7 analysts offering 12-month price forecasts for BlackBerry Ltd have a median target of 7.00, with a high estimate of 20.00 and a low estimate of 4.50. The median estimate represents a +7.53% increase from the last price of 6.51.
Should I sell or hold BB stock?
The consensus among Wall Street research analysts is that investors should "hold" BlackBerry stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BB, but not buy additional shares or sell existing shares.
Will BlackBerry go up tomorrow?
Tomorrow's movement Prediction of BlackBerry Limited BB as on 05 Apr 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened....Munafa value: 65 as on 05 Tue Apr 2022.Upside target7.34Upside target7.19Downside target7.06Downside target6.95Downside target6.935 more rows
Is BB a good investment?
What are Analysts Saying about BB Stock? As per TipRanks' analysts rating consensus, BlackBerry is a Moderate Sell. Out of 5 analyst ratings, there are 2 Hold and 3 Sell recommendations. The average Blackberry price target is $9.23.Nov 14, 2021
Is BlackBerry good to buy Marketbeat?
BlackBerry has received a consensus rating of Hold. The company's average rating score is 1.60, and is based on no buy ratings, 3 hold ratings, and 2 sell ratings.
What's happening to BlackBerry?
Despite being one of the first smartphones, it failed to innovate and became complacent in how the smartphone market was changing. In January 2022, BlackBerry stopped supporting its operating system on older models, essentially making the once iconic phones obsolete.Jan 14, 2022
What is Nio price target?
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.97, with a high estimate of 86.67 and a low estimate of 24.11. The median estimate represents a +71.83% increase from the last price of 19.19.
Is BB a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
How much cash does BB have?
Compare BB With Other StocksBlackBerry Annual Cash on Hand (Millions of US $)2019$9162018$2,2592017$1,3782016$2,3779 more rows
Is BlackBerry a strong buy?
BlackBerry stock is a high-risk bet In fiscal 2021, BlackBerry sales fell by 14% due to supply chain disruptions that exacerbated the slowdown of the global automobile industry. BlackBerry's cybersecurity business also grew at a far slower pace compared to peers such as CrowdStrike and Palo Alto Networks.Mar 5, 2022
Is BlackBerry a buy right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 4 sell...
How has BlackBerry's stock price been impacted by COVID-19?
BlackBerry's stock was trading at $4.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO)....
When is BlackBerry's next earnings date?
BlackBerry is scheduled to release its next quarterly earnings announcement on Tuesday, March 29th 2022. View our earnings forecast for BlackBerry .
How were BlackBerry's earnings last quarter?
BlackBerry Limited (NYSE:BB) posted its quarterly earnings results on Tuesday, September, 21st. The company reported ($0.06) earnings per share (EP...
What price target have analysts set for BB?
6 equities research analysts have issued 12-month target prices for BlackBerry's stock. Their forecasts range from $6.50 to $11.00. On average, the...
Who are BlackBerry's key executives?
BlackBerry's management team includes the following people: Mr. John S. Chen , Exec. Chairman & CEO (Age 66, Pay $3.01M) ( 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...
What other stocks do shareholders of BlackBerry own?
Based on aggregate information from My MarketBeat watchlists, some companies that other BlackBerry investors own include NVIDIA (NVDA) , Bank of...
About BlackBerry
BlackBerry (NYSE:BB) Frequently Asked Questions
BlackBerry Ltd. engages in providing the intelligent security software and services to enterprises and governments.
What is the Motley Fool's recommendation for Amazon?
5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 4 sell ratings and 1 hold rating for the stock.
Is BlackBerry still a must have?
The Motley Fool recommends BlackBerry and GameStop and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. The Motley Fool has a disclosure policy. Prev.
BlackBerry and AWS announced an agreement to develop an intelligent vehicle data platform
BlackBerry, perhaps best known as the maker of the original must-have smartphone, had mostly fallen off the radar until recently. The company that was once known as Research in Motion has abandoned the handset business but continues to plug away as a maker of software and services focused on security.
What happened
Chris has covered Tech and Telecom companies for The Motley Fool since 2012. Follow him on Twitter for the latest tech stock coverage. Follow @tmfnewsie
So what
Shares of BlackBerry ( NYSE:BB) shot up today after the company announced that it's joining forces with Amazon.com 's cloud computing branch, Amazon Web Services (AWS), to develop and market its intelligent vehicle data platform, called IVY.
Now what
BlackBerry said that its IVY platform will allow automakers "to provide a consistent and secure way to read vehicle sensor data" and use it to create new vehicle services or provide a better experience for drivers.
What is BlackBerry Ltd?
Investors were clearly happy with today's agreement between the two companies and sent BlackBerry's stock soaring. BlackBerry's share price has been in negative territory most of this year, but with today's gains, its stock is up 38% year to date.
Is BlackBerry a part of Amazon?
Please try again later. BlackBerry Ltd (NYSE: BB ), founded in 1984, specializes in enterprise software, Internet of things, and wireless communications solutions. The company, once famous for its smartphones, transformed itself over the years to become a leading player in the software space, with a special focus on cybersecurity solutions.
