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5 Considerations Ahead Of BlackBerry's Q2 Earnings Report
Seeking Alpha· 2024-09-23 16:51
Chris Lau is an individual investor and economist with 30 years of experience covering life science, technology, and dividend-growth income stocks. He has degrees in Microbiology and Economics. Chris runs the investing group DIY Value Investing where he shares his top stock picks of undervalued stocks with catalysts for upside, dividend-income recommendations with quant and payment calendar tracking, high upside plays, and research requests to help you become a better do-it-yourself investor. Learn more.Top ...
Factors to Note Ahead of BlackBerry's Q2 Earnings Release
ZACKS· 2024-09-23 13:35
BlackBerry Limited (BB) is scheduled to report second-quarter fiscal 2025 results on Sept. 26.The Zacks Consensus Estimate is pegged at a loss of 3 cents per share, unchanged in the past 60 days. The company reported a loss per share of 4 cents in the prior-year quarter.In the last reported quarter, BB’s adjusted loss per share of 3 cents was narrower than the company’s estimate of a loss of 4-6 cents. It reported non-GAAP earnings of 6 cents per share in the year-ago quarter. The Zacks Consensus Estimate w ...
Here's Why BlackBerry (BB) Fell More Than Broader Market
ZACKS· 2024-09-20 22:50
BlackBerry (BB) closed the latest trading day at $2.38, indicating a -1.65% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.19%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq lost 0.36%.Shares of the cybersecurity software and services company witnessed a gain of 2.11% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.09% and the S&P 500's gain of 2.06%.The investment community will be paying cl ...
BlackBerry (BB) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-09-19 22:56
Company Performance - BlackBerry's stock closed at $2.42, with a daily increase of +1.68%, underperforming the S&P 500's gain of 1.7% [1] - Over the last month, BlackBerry's shares decreased by 2.06%, while the Computer and Technology sector lost 1.45% and the S&P 500 gained 1.27% [1] - The upcoming earnings report is scheduled for September 26, 2024, with an anticipated EPS of -$0.03, representing a 25% increase compared to the same quarter last year [1] - For the full year, the Zacks Consensus Estimates project an EPS of -$0.05 and revenue of $608 million, indicating changes of -200% and -28.72% from the previous year [1] Analyst Estimates - Recent changes to analyst estimates for BlackBerry reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [2] - The Zacks Rank system, which includes estimate changes, currently ranks BlackBerry at 3 (Hold) [2] - Over the last 30 days, the Zacks Consensus EPS estimate for BlackBerry has remained unchanged [2] Industry Overview - The Computer - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 64, placing it in the top 26% of over 250 industries [3] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [3]
BlackBerry Adds Safety Certified Filesystem to its QNX Software
ZACKS· 2024-09-18 19:41
BlackBerry Limited (BB) has enhanced its trusted QNX OS for Safety by introducing a unique POSIX-compliant filesystem that includes integrity checking. This addition offers original equipment manufacturers (OEM) and other embedded software providers an extra layer of validation for developing safety-critical systems. This solution is now available as part of the QNX OS for Safety 2.2.3 release.Certified to ISO 26262 ASIL B, the functional safety standard for the automotive industry, the QNX Filesystem for S ...
BlackBerry (BB) Advances But Underperforms Market: Key Facts
ZACKS· 2024-09-13 22:51
The latest trading session saw BlackBerry (BB) ending at $2.48, denoting a +0.4% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.54%. Elsewhere, the Dow saw an upswing of 0.72%, while the tech-heavy Nasdaq appreciated by 0.65%.Coming into today, shares of the cybersecurity software and services company had gained 6.01% in the past month. In that same time, the Computer and Technology sector gained 3.3%, while the S&P 500 gained 4.86%.Market participants ...
BlackBerry (BB) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-09-10 22:55
BlackBerry (BB) closed the most recent trading day at $2.38, moving +1.28% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.45% for the day. Elsewhere, the Dow lost 0.23%, while the tech-heavy Nasdaq added 0.84%.Shares of the cybersecurity software and services company witnessed a gain of 8.8% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.98% and the S&P 500's gain of 2.54%.Market participants will be ...
Blackberry's QNX Used by HaleyTek for its Cockpit Software Platform
ZACKS· 2024-09-09 15:36
BlackBerry Limited (BB) has collaborated with HaleyTek AB to launch HaleyTek's Generic Automotive Platform (GAP). This cutting-edge cockpit software solution delivers a streamlined and flexible Android Automotive development environment, speeding up the deployment of advanced, next-generation infotainment systems.HaleyTek AB, a subsidiary of Volvo Cars, develops Android-based infotainment systems. It delivers advanced software solutions that improve the driving experience for Volvo Cars and other customers, ...
Prediction: 2 Stocks That Will Be Worth More Than BlackBerry 5 Years From Now
The Motley Fool· 2024-08-30 11:27
A former tech star is fading fast. Meanwhile, two smaller tech stocks are set to steal the show over the next five years.BlackBerry Limited (BB 1.29%) used to be a big deal. The Canadian giant of the early smartphone market once had an $83 billion market cap, generating as much as $20.6 billion of annual sales.Refocusing on cybersecurity services and connected-car software, BlackBerry enjoyed a brief recovery in 2019 and 2020. Unfortunately, BlackBerry's trailing sales are now down by 40% in five years and ...
BlackBerry (BB) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-08-27 22:45
Company Summary - BlackBerry's stock closed at $2.32, reflecting a decrease of -1.69% from the previous day's closing price, which is less than the S&P 500's daily gain of 0.16% [1] - Over the past month, BlackBerry shares have declined by 2.07%, underperforming the Computer and Technology sector's gain of 2.69% and the S&P 500's gain of 2.97% [1] - The upcoming financial results are anticipated to show an EPS of -$0.01, representing a 75% improvement from the same quarter last year [1] - For the full year, the Zacks Consensus Estimates project an EPS of -$0.05 and revenue of $608 million, indicating changes of -200% and -28.72% from the previous year, respectively [1] Analyst Estimates - Recent changes to analyst estimates for BlackBerry are crucial as they reflect short-term business trends [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that BlackBerry currently holds a Zacks Rank of 3 (Hold) [2] - The Zacks Rank has a strong track record, with 1 stocks delivering an average annual return of +25% since 1988 [2] Industry Overview - The Computer - Software industry is part of the broader Computer and Technology sector, holding a Zacks Industry Rank of 66, placing it in the top 27% of over 250 industries [3] - The Zacks Industry Rank evaluates the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [3]