Bullboard - Stock Discussion Forum BlackBerry Ltd T.BB

Alternate Symbol(s): BB

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... see more

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BlackBerry Ltd > Cylance spin-off could be a game changer

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Post by SmartBull657 on Nov 29, 2024 2:43am

Cylance spin-off could be a game changer

Honestly, $BB.TO is pulling a classic "let's shed dead weight and focus on what works" move with this Cylance business review. If they spin it off or sell, that's a quick cash injection to fuel their IoT and QNX segments. The market hasn’t priced this in yet—any sniff of a decent buyer could push the stock higher short-term. Thoughts on what Cylance could fetch? I’m thinking somewhere north of $500M if they play their cards right. Also, keeping an eye on BOLT; hearing it might skyrocket soon.