|Bid||14.86 x 0|
|Ask||14.87 x 0|
|Day's Range||14.60 - 15.32|
|52 Week Range||5.82 - 36.00|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 22, 2021 - Sep 27, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 08, 1999|
|1y Target Est||11.38|
BlackBerry stock fell as Canaccord Genuity and CIBC downgraded the company following its May quarter earnings report.
BlackBerry (BB) posted lower revenue in the first quarter of 2022 compared to a year ago but not as much as analysts anticipated. Losses were in line with estimates. Revenue came in at $174 million in Q1 2022, down 16% from $206 million in Q1 2021. Analysts expected revenue of $171.25 million. Demand for BlackBerry’s QNX operating software and cybersecurity products has risen as businesses increasingly switch to cloud computing to support remote working during the pandemic. Gross margin decrease
Right now, short interest in BlackBerry stock — or total shares sold short on Wall Street — is not extreme.