BlackBerry Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - BlackBerry Limited is set to release its first-quarter earnings results on June 24, with analysts expecting earnings of $0 per share, a significant decrease from $2.73 per share in the same period last year [1] - The projected quarterly revenue for BlackBerry is $112.19 million, down from $144 million a year earlier [1] - BlackBerry's subsidiary QNX has signed a Memorandum of Understanding with Vector Informatik to develop a new software platform for software-defined vehicles [2] Group 2 - BlackBerry shares increased by 2.1%, closing at $4.32 on the day of the announcement regarding the MoU [2] - CIBC analyst Todd Coupland maintained an Outperformer rating but reduced the price target from $7 to $6 [5] - RBC Capital analyst Paul Treiber kept a Sector Perform rating and lowered the price target from $4 to $3.75 [5] - Canaccord Genuity analyst Michael Walkley maintained a Hold rating and cut the price target from $4.75 to $4.25 [5] - TD Cowen analyst Daniel Chan upgraded the stock from Hold to Buy and raised the price target from $3.25 to $4 [5]