BlackBerry Analyst Ratings
CCORF Maintains BlackBerry(BB.US) With Hold Rating, Raises Target Price to $2.8
BlackBerry Ltd. Is Maintained at Outperform by CIBC World Markets
Baird Maintains BlackBerry(BB.US) With Hold Rating, Maintains Target Price $3
Express News | BlackBerry Ltd : Canaccord Genuity Raises Target Price to $2.80 From $2.70
BB Unveils New Growth Plans at Investor Day 2024, Stock Gains
RBC Capital Maintains BlackBerry(BB.US) With Hold Rating, Maintains Target Price $3
BlackBerry Brief: "Pending a Sale or Divestiture of Cylance, the Discount on BlackBerry's Shares May Be Sustained in the Near-term," According to RBC
BlackBerry Brief: RBC Says the "Biggest Surprise" Was the "Magnitude of the Decline and Losses at Cylance"
BlackBerry Brief: RBC Notes BlackBerry Provided an Updated Financial Outlook and New Disclosures on Segmented Profitability at Its Investor Day
BlackBerry Brief: Maintains Sector Perform, US$3.00 Price Target at RBC After "Cylance Shocker"
Blackberry is evaluating the global strategic choices of the cybersecurity department Cylance.
According to Reuters on October 17th, BlackBerry is evaluating the strategic choices of its cybersecurity department Cylance, seeking to reallocate investments from Cylance to areas with higher growth prospects. The company expects Cylance's core adjusted loss for this fiscal year to reach $51 million. BlackBerry plans to increase capital allocation to its secure communication and internet of things (IoT) business, as both are profitable and key drivers of growth. The company is splitting the IoT and cybersecurity businesses into completely independent departments. In addition, BlackBerry is providing guidance for the fiscal year 2026.
TSX Closer: The Market Rises to a Fresh Record on Rate-Cut Hopes
Sector Update: Tech Stocks Advance Late Afternoon
BlackBerry Up 5% As Expects a "Return To Profitability" In FY25
Sector Update: Tech
Correction: BlackBerry Shares Rise as Company Targets Profitability, Assesses Cylance Options
BlackBerry Shares Rise as Company Targets Profitability, Assesses Cylance Options
Blackberry (BB.US) is expected to return to profitability in the fiscal year 2026.
Canadian cybersecurity company blackberry (BB.US) stated that it expects to achieve breakeven in operating profit in 2025, followed by profitability in subsequent years. The company expects that the adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the fiscal year 2025 will be between breakeven and 10 million US dollars; for fiscal year 2026, it is expected to be between 50 million and 65 million US dollars, and by fiscal year 2027, it will increase to between 80 million and 95 million US dollars. Blackberry also stated that it expects revenue for the fiscal year 2025 to be between 0.591 billion and 0.616 billion US dollars, and forecasts growth to between 2
Why BlackBerry Shares Are Gaining Today