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.

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BlackBerry Ltd > John Chen CEO of Blackberry

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Comment by an0nym0useon Feb 07, 2021 6:43pm

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Post# 32497207

RE:RE:John Chen CEO of Blackberry

@brennen44 here's what I found to answer your question. Also that Zacks $29.00 price is BS. It was an old release of theirs that was altered on Imgur and posted on Reddit.

So what

So what's the good news that is driving these stock market gains?

Umm, well, to be honest, the most significant news in the group is of the bad news variety. This morning, analysts at Scotiabank downgraded shares of BlackBerry to underperform. The banker left its price target mercifully unchanged, but at $8.50 a share, it still implies something on the order of 60% downside for BlackBerry stock. Although the analyst sees "potential" in certain areas of the business, such as security software, Scotiabank calls the company's current stock price "overdone" and recommends that investors who have profited from the shares' tripling in price over the past two weeks take their profits and count themselves lucky.

www.fool.com/investing/2021/01/27/why-blackberry-irobot-bg-foods-stocks-short-sell/

ahoo Finance has a 1 yr target price of $7.44 (USD)

https://finance.yahoo.com/quote/BB?p=BB&.tsrc=fin-srch

I was doing my DD this weekend since I bought this on the run-up last week and I was getting worried.

Here's more from Zacks "BB is projected to report earnings of $0.03 per share, which would represent a year-over-year decline of 66.67%."