Is BlackBerry Stock a Buy Now?
's (NYSE: BB) stock jumped 7% on June 29 after the enterprise software company posted its latest earnings report. For the first quarter of fiscal 2024, which ended on May 31, its revenue rose 122% year over year to $373 million and beat analysts' estimates by $214 million.
Its adjusted profit of $0.06 per share also marked an improvement from its loss of a nickel a year ago and cleared the consensus forecast by $0.11. That earnings beat was impressive, but does it indicate BlackBerry's stock is finally ready to recover after being cut in half over the past two years?
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Source Fool.com
BlackBerry Ltd. Aktie
2,12 €
-0,09 %
Bei der Aktie stehen derzeit 1 Sell-Einschätzungen 1 Buy-Einschätzungen gegenüber. Ein echtes Sentiment ist noch nicht auszumachen.
Das Kursziel von 1 € für BlackBerry Ltd. deutet auf einen Rückgang von über 50% vom aktuellen Kurs von 2.12 € hin.
