Company Performance - BlackBerry's stock closed at $2.88, reflecting a +1.41% increase from the previous day, outperforming the S&P 500's gain of 0.7% [1] - Over the past month, BlackBerry shares have appreciated by 2.16%, underperforming the Computer and Technology sector's gain of 8.26% and the S&P 500's gain of 4.03% [1] - The upcoming earnings disclosure is anticipated, with a forecasted EPS of -$0.04, indicating a 166.67% decline from the same quarter last year [1] - For the full year, analysts expect earnings of -$0.03 per share and revenue of $615 million, representing changes of -160% and -27.9% from the previous year [1] Analyst Projections - Recent shifts in analyst projections for BlackBerry are important for investors, as positive estimate revisions indicate optimism about the company's business and profitability [2] - The Zacks Rank system, which includes estimate changes, currently ranks BlackBerry as 1 (Strong Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [2] - The Zacks Consensus EPS estimate for BlackBerry has remained steady over the past month [2] Industry Overview - The Computer - Software industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 53, placing it in the top 22% of over 250 industries [3] - The Zacks Industry Rank measures the strength of industry groups by evaluating the average Zacks Rank of individual stocks within those groups, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [3]

The most recent trading session ended with BlackBerry (BB) standing at $2.96, reflecting a -1.66% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.25% for the day. On the other hand, the Dow registered a gain of 0.17%, and the technology-centric Nasdaq increased by 0.23%.The cybersecurity software and services company's stock has climbed by 7.5% in the past month, falling short of the Computer and Technology sector's gain of 11.73% and outpaci ...

Group 1 - Proactive specializes in providing fast, accessible, and informative business and finance news to a global investment audience [1][2] - The company covers a wide range of sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [2] - Proactive employs both human content creators with extensive experience and technology to enhance workflows, including the use of automation and generative AI [2] Group 2 - The company has a strong focus on medium and small-cap markets while also keeping its audience informed about blue-chip companies and broader investment stories [2] - Proactive's news team operates from key financial hubs around the world, including London, New York, Toronto, Vancouver, Sydney, and Perth [1]

BlackBerry (NYSE:BB) stock is a hot topic on Tuesday as the company’s shares are taking off on Tuesday alongside the return of Roaring Kitty.Roaring Kitty is the trader who kicked off the meme stock rally in 2021 with his coverage of GameStop (NYSE:GME) shares. This spread to other stocks that meme traders latched onto, including Blackberry.Roaring Kitty went quiet in 2021 during the meme stock rally. However, he returned over the weekend. This saw shares of meme stock rise on Monday. Roaring Kitty has cont ...

After GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) made headlines with significant price increases in a short time during a massively bullish rally, another short-squeezed meme stock is back in town, and its name is BlackBerry (NYSE: BB).As it happens, BlackBerry stock has joined GameStop and AMC shares in recording unusually high options trading activity, with stock traders buying over 75,000 call options of BB stock, over 350% above its average daily volume, preceding an impressive increase in t ...

For the second year running, end-user professionals have recommended BlackBerry UEM for its Product Capabilities, Sales Experience, Deployment Experience, and Support Experience. WATERLOO, ON, May 14, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB) (TSX: BB) today announced it has been recognized with the Customers' Choice designation in the 2024 Gartner Peer Insights 'Voice of the Customer': UEM market.  For the second year in a row, BlackBerry has been placed in the upper right quadrant based on custo ...

BlackBerry Limited (BB) recently launched its expanded CylanceMDR solution, which offers extensive Managed Detection & Response (MDR) security. It is driven by the celebrated Cylance AI platform and best-in-class security expertise, with 24/7 complete threat coverage.The company gives a $1 million guarantee to cover costs associated with security incidents, applicable for eligible CylanceMDR Advanced clients.Formerly known as CylanceGUARD, the expanded version currently includes three new packages – Standar ...

The latest Tolly Report showcases BlackBerry's ability to deliver the best defense and lowest system impact WATERLOO, ON, May 6, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the results of a commissioned study by The Tolly Group – a highly reputable independent test lab and provider of third-party validation services for the tech industry – showing that the company's CylanceENDPOINT™ solution blocked the most attacks while using fewer system resources, thus minimizing the disr ...

Uncertainty prevailing over global macroeconomic conditions, inflationary pressure and volatile supply chain dynamics are persistent concerns for the Zacks Computer Software industry. However, the accelerated pace of digital transformation taking place across the globe is likely to benefit industry participants. Software is ubiquitous and has become the focal point of technological innovation. Apart from running devices and applications, its usage has been extended to managing infrastructure. The industry i ...

BlackBerry Limited (BB) and ETAS GmbH have signed a contract to sell and market software solutions that accelerate the development of safety-critical functions for the next generation of software-defined vehicles (SDVs).The collaboration builds upon their longstanding technical partnership and will offer pre-integrated software utilizing ETAS middleware RTA-VRTE and the QNX Operating System. These solutions provide a high-performance and secure foundation for developing microprocessor-based vehicle computer ...