Blackberry traded at 12.83 this Tuesday June 16th, decreasing 0.14 or 1.08 percent since the previous trading session. Looking back, over the last four weeks, Blackberry lost 50.41 percent. Over the last 12 months, its price rose by 118.94 percent. Looking ahead, we forecast Blackberry to be priced at 12.58 by the end of this quarter and at 11.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
BlackBerry Limited is a Canada-based company that provides security software and services to enterprises and governments around the world. The Company's segments include Cyber Security, IoT, and Licensing and Other. The Cyber Security segment consists of the Company's BlackBerry Spark software platform, BlackBerry AtHoc, BlackBerry Alert and SecuSUITE. IoT segment consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. This segment includes software licenses, bundled with support, maintenance and professional services. Licensing and Other segment consists of the Company's intellectual property arrangements and settlement awards and its service access fees (SAF) business. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety and data privacy, endpoint security, endpoint management, encryption and embedded systems.