BlackBerry Ltd T.BB

Alternate Symbol(s): BB

Technology Software - Infrastructure

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.

TSX:BB - Post by User

BlackBerry Ltd

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Post by blackberryon Feb 05, 2021 10:51am

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HAT TIP to MD

Catalysts for BlackBerry stock price
Today, BlackBerry is seeing significant order and backlog growth. And 83% of the company’s software revenue is recurring. In 2021, there will be many catalysts for BlackBerry. These catalysts will support the stock price.

For example, application providers will be able to get their hands on IVY in September 2021. Twenty car manufacturers will be targeted. And BlackBerry will make a public announcement whenever one signs up.

Also, BlackBerry is now increasingly free cash flow positive. This is a big game changer for the company. Investors will value BlackBerry stock much more attractively because of it. Free cash flow in its latest quarter was $29 million.

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