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BlackBerry (BB) Declines More Than Market: Some Information for Investors
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BlackBerry (BB - Free Report) closed at $10.18 in the latest trading session, marking a -1.36% move from the prior day. This change lagged the S&P 500's daily loss of 0.74%. At the same time, the Dow lost 1.21%, and the tech-heavy Nasdaq lost 0.89%.
The cybersecurity software and services company's shares have seen an increase of 84.29% over the last month, surpassing the Computer and Technology sector's gain of 11.4% and the S&P 500's gain of 5.39%.
Analysts and investors alike will be keeping a close eye on the performance of BlackBerry in its upcoming earnings disclosure. The company's earnings report is set to go public on June 25, 2026. The company is predicted to post an EPS of $0.03, indicating a 50% growth compared to the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.17 per share and a revenue of $600.2 million, signifying shifts of +6.25% and +12.23%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for BlackBerry. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, BlackBerry possesses a Zacks Rank of #2 (Buy).
In terms of valuation, BlackBerry is presently being traded at a Forward P/E ratio of 59.54. This denotes a premium relative to the industry average Forward P/E of 19.87.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 78, which puts it in the top 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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BlackBerry (BB) Declines More Than Market: Some Information for Investors
BlackBerry (BB - Free Report) closed at $10.18 in the latest trading session, marking a -1.36% move from the prior day. This change lagged the S&P 500's daily loss of 0.74%. At the same time, the Dow lost 1.21%, and the tech-heavy Nasdaq lost 0.89%.
The cybersecurity software and services company's shares have seen an increase of 84.29% over the last month, surpassing the Computer and Technology sector's gain of 11.4% and the S&P 500's gain of 5.39%.
Analysts and investors alike will be keeping a close eye on the performance of BlackBerry in its upcoming earnings disclosure. The company's earnings report is set to go public on June 25, 2026. The company is predicted to post an EPS of $0.03, indicating a 50% growth compared to the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.17 per share and a revenue of $600.2 million, signifying shifts of +6.25% and +12.23%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for BlackBerry. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, BlackBerry possesses a Zacks Rank of #2 (Buy).
In terms of valuation, BlackBerry is presently being traded at a Forward P/E ratio of 59.54. This denotes a premium relative to the industry average Forward P/E of 19.87.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 78, which puts it in the top 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.