- BlackBerry is an old tech company losing market share. It can't grow organic sales.
- The dollar-based net retention rate of BlackBerry Cylance has fallen since the acquisition.
- BlackBerry Rader is irrelevant versus UpKeep. BlackBerry Workspaces is irrelevant versus Microsoft SharePoint.
- IVY does not provide BlackBerry with upside optionality. BlackBerry needs it to disrupt QNX because QNX is in trouble.
- BlackBerry has a low multiple for a reason. Wall Street Bets can't push this dog higher like GameStop.
For further details see:
Wall Street Bets Is Wrong Again: BlackBerry Edition