Tariffs, DOGE cuts weigh on BlackBerry as stock drops on uncertain outlook

Tariffs, DOGE cuts weigh on BlackBerry as stock drops on uncertain outlook

Despite uncertainties facing car software and secure communications business, former handset maker in stronger financial position after year of transition and better-than-expected Q4

BlackBerry's Revenue Forecast Disappoints - PressReach

In recent financial news, BlackBerry Limited (NYSE:BB) faced a significant decline in stock value following the company’s announcement of weaker-than-expected revenue forecasts. The iconic technology firm, known for its pioneering mobile devices, has been transitioning towards software and services, focusing primarily on cybersecurity and the Internet of Things (IoT). However, the latest financial projections have cast doubt on the company’s gro…

Blackberry is struggling with falling sales, and the stock is returning to Earth.

RBC maintains “Hold” rating on BlackBerry

RBC analyst Paul Treiber is still not fully convinced that BlackBerry (BlackBerry Stock Quote, Chart, News, Analysts, Financials NYSE:BB) is having the renaissance suggested by its recently buoyant share price. On March 31, in a research update to clients, Treiber maintained his “Hold” rating and price target of (US) $4.00 on BlackBerry. On April 2, […] Source