
BlackBerry (BB) Stock Forecast & Price Target
BlackBerry (BB) Analyst Ratings
Bulls say
BlackBerry is performing well in terms of profitability and securing major contracts, leading to strong Q1 earnings and increased operating cashflow. However, the stock's high valuation may not be sustainable without significant revenue growth, particularly for its QNX segment. The company is also facing a less attractive risk-reward scenario, despite its progress in key areas such as the deployment of QNX software and focus on new technologies.
Bears say
BlackBerry is currently trading at a high valuation, with an EV/S of 9.6x, due to market enthusiasm for their QNX embedded software and potential growth opportunities in the automotive industry. However, this valuation is unsustainable as their UEM business faces growth headwinds and the market for their cybersecurity software is highly competitive. Additionally, the company's lack of specific sustainability targets and struggles with profitability are cause for concern, indicating that the rally in their stock may not be justified in the long term.
This aggregate rating is based on analysts' research of BlackBerry and is not a guaranteed prediction by Public.com or investment advice.
BlackBerry (BB) Analyst Forecast & Price Prediction
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