|Bid||10.35 x 3200|
|Ask||10.37 x 3000|
|Day's range||10.14 - 10.53|
|52-week range||4.37 - 28.77|
|Beta (5Y monthly)||1.01|
|PE ratio (TTM)||N/A|
|Earnings date||21 Dec 2021 - 26 Dec 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||8.29|
Does the September share price for BlackBerry Limited ( TSE:BB ) reflect what it's really worth? Today, we will...
Shares of BlackBerry (NYSE: BB) popped 10.9% on Thursday, following the release of the artificial intelligence company's fiscal 2022 first-quarter financial results. BlackBerry's revenue declined by 32% year over year to $175 million, as the company continued to shift away from its traditional software licensing business. The better-than-expected performance was driven by gains in the company's AI-powered cybersecurity and Internet of Things (IoT) businesses.
The rally on Wall Street continued on Thursday, with investors cheering news of a strong employment market and prospects for the Federal Reserve to remain relatively accommodating on monetary policy well into the future. The technology sector has been a hotbed of growth lately, and a couple of high-profile tech stocks made big moves higher on Thursday morning. BlackBerry (NYSE: BB) released its latest earnings results, while Salesforce.com (NYSE: CRM) gave investors some good news about what it expects from its business in the near future.