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BlackBerry (BB) Declines More Than Market: Some Information for Investors
ZACKS· 2025-08-19 22:46
Group 1 - BlackBerry's stock closed at $3.66, reflecting a -2.4% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.59% [1] - Prior to the recent trading session, BlackBerry shares had decreased by 3.35%, while the Computer and Technology sector gained 3.91% and the S&P 500 gained 2.49% [1] - The Zacks Consensus Estimate projects BlackBerry's revenue for the upcoming earnings disclosure to be $125 million, a decrease of 13.79% from the same period last year [2] Group 2 - For the entire fiscal year, the Zacks Consensus Estimates forecast earnings of $0.1 per share and revenue of $525.5 million, indicating a 400% increase in earnings and an 8.4% decrease in revenue compared to the prior year [2] - Recent modifications to analyst estimates for BlackBerry are crucial as they reflect near-term business trends, with positive revisions indicating optimism about the business outlook [3] - The Zacks Rank system, which evaluates estimate changes, currently ranks BlackBerry at 3 (Hold), with the consensus EPS projection remaining stagnant over the past 30 days [5] Group 3 - BlackBerry's Forward P/E ratio stands at 37.5, indicating a premium compared to its industry's Forward P/E of 29.47 [6] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 77, placing it in the top 32% of over 250 industries [6] - The Zacks Industry Rank assesses the performance 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 [7]
BlackBerry (BB) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-05-13 22:51
Company Performance - BlackBerry's stock closed at $3.92, reflecting a daily increase of +1.03%, outperforming the S&P 500's gain of 0.73% [1] - Over the past month, BlackBerry shares gained 20.12%, surpassing the Computer and Technology sector's gain of 11.93% and the S&P 500's gain of 9.07% [2] - The upcoming earnings report projects an EPS of $0, indicating a 100% increase compared to the same quarter last year [2] Earnings Estimates - For the full year, Zacks Consensus Estimates forecast earnings of $0.10 per share and revenue of $521 million, representing changes of +400% and -9.19% from the previous year, respectively [3] - Recent changes to analyst estimates for BlackBerry are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism [3][4] Valuation and Ranking - BlackBerry currently holds a Zacks Rank of 1 (Strong Buy), with a Forward P/E ratio of 38.8, which is a premium compared to the industry average Forward P/E of 29.19 [5] - The Internet - Software industry, which includes BlackBerry, has a Zacks Industry Rank of 87, placing it in the top 36% of over 250 industries [6]
BlackBerry (BB) Laps the Stock Market: Here's Why
ZACKS· 2025-05-07 22:51
Company Performance - BlackBerry's stock closed at $3.68, reflecting a +1.94% increase from the previous day, outperforming the S&P 500's daily gain of 0.44% [1] - Over the past month, BlackBerry shares have gained 25.78%, surpassing the Computer and Technology sector's gain of 15.87% and the S&P 500's gain of 10.62% [1] Upcoming Financial Results - BlackBerry is projected to report earnings of $0 per share, indicating a year-over-year growth of 100% [2] - For the entire year, the Zacks Consensus Estimates forecast earnings of $0.10 per share and revenue of $521 million, reflecting changes of +400% and -9.19% compared to the previous year [2] Analyst Estimates and Market Outlook - Recent changes to analyst estimates for BlackBerry suggest positive sentiment regarding the company's business outlook [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks BlackBerry as 1 (Strong Buy), indicating strong market confidence [5] Valuation Metrics - BlackBerry's Forward P/E ratio stands at 36.1, which is a premium compared to the industry's average Forward P/E of 26.9 [6] - The Internet - Software industry, to which BlackBerry belongs, ranks in the top 37% of all industries according to the Zacks Industry Rank [6][7]