Blackberry Stock Price Prediction

BB Stock  USD 2.76  0.29  9.51%   
At the present time, The relative strength indicator of BlackBerry's share price is at 50 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling BlackBerry, making its price go up or down.

Oversold Vs Overbought

50

 
Oversold
 
Overbought
BlackBerry stock price prediction is an act of determining the future value of BlackBerry shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of BlackBerry's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of BlackBerry and does not consider all of the tangible or intangible factors available from BlackBerry's fundamental data. We analyze noise-free headlines and recent hype associated with BlackBerry, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting BlackBerry's stock price prediction:
EPS Estimate Next Year
(0.02)
Wall Street Target Price
3.59
EPS Estimate Current Quarter
(0.03)
Quarterly Revenue Growth
0.146
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of BlackBerry based on different types of headlines from major news networks to social media. The BlackBerry stock price prediction module provides an analysis of price elasticity to changes in media outlook on BlackBerry over a specific investment horizon. Using BlackBerry hype-based prediction, you can estimate the value of BlackBerry from the perspective of BlackBerry response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards BlackBerry using BlackBerry's stock options and short interest. It helps to benchmark the overall future attitude of investors towards BlackBerry using crowd psychology based on the activity and movement of BlackBerry's stock price.

BlackBerry Short Interest

A significant increase or decrease in BlackBerry's short interest from the previous month could be a good indicator of investor sentiment towards BlackBerry. Short interest can provide insight into the potential direction of BlackBerry stock and how bullish or bearish investors feel about the market overall. An investor who is long BlackBerry may also wish to track short interest. As short interest increases, investors should be becoming more worried about BlackBerry and may potentially protect profits, hedge BlackBerry with its derivative instruments, or be ready for some potential downside.
200 Day MA
3.8472
Short Percent
0.0899
Short Ratio
4.33
Shares Short Prior Month
46.4 M
50 Day MA
2.787

BlackBerry Hype to Price Pattern

Investor biases related to BlackBerry's public news can be used to forecast risks associated with an investment in BlackBerry. The trend in average sentiment can be used to explain how an investor holding BlackBerry can time the market purely based on public headlines and social activities around BlackBerry. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of BlackBerry's market sentiment to its price can help taders to make decisions based on the overall investors consensus about BlackBerry.

BlackBerry Implied Volatility

    
  119.56  
BlackBerry's implied volatility exposes the market's sentiment of BlackBerry stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if BlackBerry's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that BlackBerry stock will not fluctuate a lot when BlackBerry's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in BlackBerry. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in BlackBerry to buy its stock at a price that has no basis in reality. In that case, they are not buying BlackBerry because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

BlackBerry after-hype prediction price

    
  USD 2.74  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current BlackBerry contract

Based on the Rule 16, the options market is currently suggesting that BlackBerry will have an average daily up or down price movement of about 7.47% per day over the life of the 2024-04-19 option contract. With BlackBerry trading at USD 2.76, that is roughly USD 0.21 . If you think that the market is fully incorporating BlackBerry's daily price movement you should consider acquiring BlackBerry options at the current volatility level of 119.56%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out BlackBerry Basic Forecasting Models to cross-verify your projections.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlackBerry's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
0.163.287.51
Details
10 Analysts
Consensus
LowTargetHigh
4.785.255.83
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.05-0.04-0.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BlackBerry. Your research has to be compared to or analyzed against BlackBerry's peers to derive any actionable benefits. When done correctly, BlackBerry's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BlackBerry.

BlackBerry After-Hype Price Prediction Density Analysis

As far as predicting the price of BlackBerry at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in BlackBerry or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of BlackBerry, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

BlackBerry Estimiated After-Hype Price Volatility

In the context of predicting BlackBerry's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on BlackBerry's historical news coverage. BlackBerry's after-hype downside and upside margins for the prediction period are 0.14 and 6.97, respectively. We have considered BlackBerry's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
2.76
2.74
After-hype Price
6.97
Upside
BlackBerry is risky at this time. Analysis and calculation of next after-hype price of BlackBerry is based on 3 months time horizon.

BlackBerry Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as BlackBerry is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BlackBerry backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with BlackBerry, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.22 
4.23
  0.02 
  0.03 
7 Events / Month
5 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.76
2.74
0.72 
5,288  
Notes

BlackBerry Hype Timeline

As of April 16, 2024 BlackBerry is listed for 2.76. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.03. BlackBerry is forecasted to decline in value after the next headline, with the price expected to drop to 2.74. The average volatility of media hype impact on the company price is over 100%. The price decline on the next news is expected to be -0.72%, whereas the daily expected return is currently at -0.22%. The volatility of related hype on BlackBerry is about 3212.66%, with the expected price after the next announcement by competition of 2.73. About 53.0% of the company shares are held by institutions such as insurance companies. The book value of BlackBerry was currently reported as 1.32. The company has Price/Earnings To Growth (PEG) ratio of 0.13. BlackBerry recorded a loss per share of 0.22. The entity last dividend was issued on the 30th of September 2010. The firm had 3:1 split on the 21st of August 2007. Allowing for the 90-day total investment horizon the next forecasted press release will be in about 7 days.
Check out BlackBerry Basic Forecasting Models to cross-verify your projections.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.

BlackBerry Related Hype Analysis

Having access to credible news sources related to BlackBerry's direct competition is more important than ever and may enhance your ability to predict BlackBerry's future price movements. Getting to know how BlackBerry's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how BlackBerry may potentially react to the hype associated with one of its peers.

BlackBerry Additional Predictive Modules

Most predictive techniques to examine BlackBerry price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for BlackBerry using various technical indicators. When you analyze BlackBerry charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About BlackBerry Predictive Indicators

The successful prediction of BlackBerry stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as BlackBerry, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of BlackBerry based on analysis of BlackBerry hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to BlackBerry's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to BlackBerry's related companies.
 2023 2024 (projected)
Dividend Yield4.54E-44.03E-4
Price To Sales Ratio1.921.82

Story Coverage note for BlackBerry

The number of cover stories for BlackBerry depends on current market conditions and BlackBerry's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that BlackBerry is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about BlackBerry's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

BlackBerry Short Properties

BlackBerry's future price predictability will typically decrease when BlackBerry's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of BlackBerry often depends not only on the future outlook of the potential BlackBerry's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. BlackBerry's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding584.5 M
Cash And Short Term Investments236.7 M
When determining whether BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock:
Check out BlackBerry Basic Forecasting Models to cross-verify your projections.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.
Note that the BlackBerry information on this page should be used as a complementary analysis to other BlackBerry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for BlackBerry Stock analysis

When running BlackBerry's price analysis, check to measure BlackBerry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackBerry is operating at the current time. Most of BlackBerry's value examination focuses on studying past and present price action to predict the probability of BlackBerry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackBerry's price. Additionally, you may evaluate how the addition of BlackBerry to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Bonds Directory
Find actively traded corporate debentures issued by US companies
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Is BlackBerry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackBerry. If investors know BlackBerry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.22)
Revenue Per Share
1.459
Quarterly Revenue Growth
0.146
Return On Assets
(0.01)
Return On Equity
(0.16)
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.