Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / BB - BlackBerry Earnings: This Stock Is Berry Expensive

BB - BlackBerry Earnings: This Stock Is Berry Expensive

BlackBerry Limited

2024-06-27 06:37:30 ET

Summary

  • BlackBerry stock jumps 8% premarket after fiscal results, but I remain bearish due to lack of prospects.
  • BlackBerry specializes in IoT and cybersecurity, facing challenges in both sectors despite fair near-term prospects.
  • Underwhelming revenue growth rates and a stock valuation at 87x this year's EBITDA, suggest overvaluation and limited growth prospects.

Investment Thesis

BlackBerry 's ( BB ) stock jumps 8% premarket on the back of its fiscal Q1 2024 report ....

For further details see:

BlackBerry Earnings: This Stock Is Berry Expensive
Stock Information
Company Name: BlackBerry Limited
Stock Symbol: BB
Market: NYSE
Website: blackberry.com
Menu
BB BB Quote BB Short BB News BB Articles BB Message Board
Get BB Alerts

News, Short Squeeze, Breakout and More Instantly...