BlackBerry
About
BlackBerry Limited (NYSE: BB) has transformed from a once-dominant smartphone manufacturer into an enterprise software and Internet of Things company, providing cybersecurity solutions through its Cylance AI platform and embedded operating systems through its QNX division, which powers systems in over 235 million vehicles worldwide. The company's pivot away from hardware has been a lengthy process, but its QNX real-time operating system holds a commanding market share in automotive embedded software, positioning BlackBerry at the intersection of cybersecurity and connected vehicles. As an investment, BlackBerry offers exposure to automotive software and enterprise security markets, though revenue growth has been slow and profitability remains elusive during this ongoing corporate transformation.
Meme Stocks
BlackBerry became a prominent meme stock during the 2021 retail trading surge due to its nostalgic brand recognition and perceived undervaluation, with Reddit communities rallying behind the stock's potential for a dramatic comeback as the company pivots to cybersecurity and automotive software.
Key Financials BB
Price
$3.46
Change (1D)
+1.47%
Change (30D)
-8.71%
Change (60D)
-16.83%
Change (90D)
-27.92%
Change (180D)
-15.40%
Change (1Y)
-40.55%
Change (5Y)
-74.24%
P/E Ratio
3.80
EPS (TTM)
$0.91
52-Week Range
$2.80 — $6.24
50-Day MA
$3.88
Volume
6.33M
Data updated Feb 15 · Source: Twelve Data
