blackberry stock predictions reddit

Sunday, July 3, 2022 Edit

BB stock is taking a beating on Friday despite the company reporting solid earnings for its fiscal first quarter of 2022. Reddits favourite Canadian stock BlackBerry TSXBB NYSEBB has been under considerable pressure of late plunging 20 from its June 2021 high.

Blackberry Q2 Earnings Bb Stock Is A Dead Money Seeking Alpha

There is indeed the potential BlackBerry stock could drop back down to the 6-8 level where it was trading before it caught.

. They are set up to do quite nicely in the long-term. If youre not familiar with Blackberry QNX and IVY Id dig into it. Undoubtedly the Reddit-fuelled rally had.

Long January 2022 1920 calls on Amazon long January 2023 1140 calls on Shopify short January 2022 1940 calls on. So now BlackBerry stock is trading at almost 1500. 11 2021 published 1045 am.

Blackberry is forecasted to increase in value after the next headline with price projected to jump to 1088 or above. 5 analysts have issued 12 month price targets for BlackBerrys stock. The main reason I bought Blackberry stock was because I know it is undervalued in terms of what it has and the services it provides.

BlackBerrys stock forecast after Reddit bump Since most of BlackBerrys gains are due to the Reddit-fueled short squeeze the stock will. But its also a fry cry from the 6 to. It runs every time GME or AMC even remotely get squeeze action.

Since the peak of this mania last week shares are down nearly 60. BB Blackberrys current Earnings Per Share EPS is -018. On average analysts forecast that BBs EPS will be -028 for 2023 with the lowest EPS.

Their BB stock forecasts range from 500 to 950. What is BBs Earnings Per Share EPS forecast for 2023-2024. For a brief.

Op 2 mo. On average they expect BlackBerrys share price to reach 670 in the next twelve months. It was so much easier managing email with a BB than an IPhone.

The average Blackberry stock price prediction forecasts a potential upside of 55 from the current BB share price of 545. BlackBerry stock prediction results are shown below and presented in the form of graphs tables and text information divided into time intervals. BB will soar to.

Next month 2022 2023 2024 2025 and 2026 The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for BlackBerry shares. And pushed it hard to below 15 levels with short ladder attacks. BB is not a squeeze.

This suggests a possible upside of. I wish they would get back into making phones for business. The BlackBerry earnings report saw the company bringing.

Blackberry stock predictions 2021 reddit. BB stock was one of the biggest winners from the recent RedditWallStreetBets excitement. It dropped last week because the market makers were caught in short positions and didnt want more call options to be executed.

In my view the bottom line for blackberry stock is that it has massive upside in the long term. Sure its float shorted is not giant but it has such a small market cap and sound business model that it can definitely squeeze. It has strong tech in EVs AI and Cybersecurity.

The Motley Fool recommends BlackBerry and recommends the following options. Thats far lower from the Reddit induced rally to over 30. BB stock traded around 5 last November prior to the launch of meme magic.

Blackberry software is in 910 biggest banks they provide software security for the pentagon they are in over a 100 millions cars as well as providing security for governments and massive corporations.

Blackberry Stock Tsx Bb Predictions For 2021 And Beyond