| Stock | Price | 52 Week Range | Marketcap | EPS | Dividend Yield | Chart (24H) | Sector | Employees | Last Updated |
|---|---|---|---|---|---|---|---|---|---|
| $0.0000 | 0.0000 | 0.00 | 0.00% | 0 | 6 years ago | ||||
| $45.06 | 189.99B | 4.30 | 6.03% | Communication Services | 99,400 | 8 hours ago | |||
| $259.01 | 291.50B | 10.59 | 1.36% | Communication Services | 70,000 | 8 hours ago | |||
 Apple Inc. AAPL | $226.01 | 3.35T | 6.59 | 0.45% | Technology | 164,000 | 8 hours ago | ||
| $40.60 | 301.85B | 4.81 | 1.78K% | Technology | 0 | 8 hours ago | |||
 Amazon.com, Inc. AMZN | $223.81 | 2.39T | 6.57 | 0.00% | Consumer Cyclical | 1,560,000 | 8 hours ago | ||
 Netflix, Inc. NFLX | $1,213.86 | 515.80B | 23.43 | 0.00% | Communication Services | 14,000 | 8 hours ago |
In a dramatic twist that could turn the tide for a company many had written off, BlackBerry’s Q10 smartphone is making waves. With its worldwide rollout, the Q10 has the potential to exceed investor expectations significantly. For those who cherish the high productivity synonymous with BlackBerry, the Q10 brings hope and excitement.
The Q10’s appeal lies in its ability to connect to a niche yet passionate segment of the smartphone market: users who prefer physical keyboards. This characteristic alone sets the Q10 apart from the crowded market of touchscreen devices, positioning BlackBerry for a possible resurgence.
Why this is exciting and relevant:
- Emphasizes a contrarian investment opportunity, betting on a company many have written off.
- Ideal for readers who aim to identify game-changing stocks before they hit the mainstream.
- Appeals to those looking for outsized returns from high-risk, high-reward investments.
Exciting claims from the source article:
- “The Q10 model could help BlackBerry significantly outperform investor expectations.”
- “BlackBerry will regain its position as the dominant vendor for QWERTY smartphones” with the Q10.
- “Sales in the May and August quarters will beat current expectations for 3 million to 4 million total BB10 sales.”
Editor's Note: Analysis and insight for this article were originally sourced from our friends at The Motley Fool
BlackBerry (BBRY): The Comeback Kid!
BlackBerry’s Resurgence Could Deliver a 16.67% Gain
The Q10 isn’t just another smartphone; it’s a potential revival of BlackBerry’s fortunes. Initial sales numbers are encouraging, especially considering its performance in France, where it became the best-selling smartphone at SFR. If BlackBerry can reach 5 million in quarterly sales, it could easily surpass Wall Street expectations. This would almost certainly lead to a rally in BlackBerry’s stock, making it a compelling opportunity for investors willing to bet on its resurgence.
Further bolstering the Q10’s prospects is the strategic targeting of the U.S. market. With upcoming launches on two of the top four U.S. carriers—Verizon and T-Mobile—BlackBerry is poised to make a significant impact. These carriers’ involvement ensures not only wider availability but also considerable marketing muscle behind the Q10.
Table of Analyst Ratings for BlackBerry (BBRY)
| Analyst Ratings and Forecasts | |
|---|---|
| Consensus Rating | Hold |
| Average Price Target | $3.28 |
| Current Price (as of 2024-07-24) | $2.24 |
| Potential Gain (based on average price target) | 16.67% |
| Number of Ratings | 9 |
Summary of Analyst Outlook:
Consensus Rating: The consensus rating for BlackBerry Ltd is a Hold. Average Price Target: The average price target for BlackBerry Ltd is $3.28. Current Price: The current stock price for BlackBerry Ltd is $2.24. Potential Gain: The stock has an implied 16.67% gain based on the average price target. Number of Ratings: There are 9 analyst ratings available as of the latest updates.
Verizon (VZ) and T-Mobile (TMUS)
The Q10’s Success in the U.S. Market Heavily Relies on Carriers Like Verizon and T-Mobile. The Involvement of These Top U.S. Carriers is Crucial for Boosting the Q10’s Presence, Potentially Leading to Higher Sales Volumes and Greater Market Penetration. The Ripple Effect from Strong U.S. Sales Could Fortify BlackBerry’s Overall Market Position and Stock Performance.
Verizon Teams Up with the Q10 for Dominant Market Features
Table of Analyst Ratings for Verizon (VZ)
| Consensus Rating | Average Price Target | Current Price | Potential Gain | Number of Ratings |
| Moderate Buy | $45.68 | $41.43 | 10.26% | 14 |
Summary of Analysts’ Outlook:
Analysts generally have a moderate buy rating for Verizon (VZ), which suggests that they foresee moderate growth potential. The average price target of $45.68 indicates a 10.26% potential gain from the current price of $41.43. This consensus rating is based on 14 analysts offering 12-month price targets in the past three months.
Table of Analyst Ratings for T-Mobile (TMUS)
| Analyst Rating | Average Price Target | Current Price | Potential Gain | Number of Ratings |
| Strong Buy | $191.96 | $176.44 | 6.92% | 17 |
Summary of Analysts’ Outlook:
Based on the data from the sources, analysts are overwhelmingly positive about T-Mobile US, Inc. (TMUS). The consensus rating across multiple platforms is “Strong Buy,” indicating strong support for the stock. The average price target suggests that analysts expect the stock price to increase by over 6.92% from the current price.
Deutsche Bank
Despite Skepticism, why Deutsche Bank Can’t Ignore The Q10 Performance
Deutsche Bank has provided mixed reviews on the Q10’s sales performance in Canada and the UK. However, even these cautious perspectives highlight the contentious and intriguing nature of the Q10’s market performance, creating an environment ripe for surprise breakthroughs. Analysts at Deutsche Bank believe the Q10 is selling fairly well in Canada but underperforming in the U.K., although their methodology has been criticized for inaccuracies.
Apple (AAPL) and Samsung (SSNLF)
Why BlackBerry’s Potential Sales Sits Behind Apple and Samsung Yet Offers Profound Possibilities
Apple and Samsung serve as benchmarks, underscoring how BlackBerry’s potential sales, while impressive, would still be smaller compared to these market leaders. However, this also highlights the niche yet significant market that BlackBerry aims to capture. It’s about carving out a dedicated consumer base, not necessarily overthrowing giants overnight.
Table of Analyst Ratings for Apple (AAPL)
| Info | AAPL |
| Consensus Rating | Moderate Buy |
| Average Price Target | $223.57 |
| Current Price | $230.54 |
| Potential Gain | -3.02% from current price |
| Number of Ratings | 35 |
Summary of Analyst Outlook:
Apple (AAPL) has a consensus rating of “Moderate Buy” based on 35 analyst ratings. The average price target is $223.57, with a potential decrease of 3.02% from the current price. The forecasts range from a low of $164.00 to a high of $275.00.
Table of Analyst Ratings for Samsung (SSNLF)
| Rating | Average Price Target | Current Price | Potential Gain | Number of Ratings |
| Outperform | $102,019.44 | $40.60 | +253.91% | 39 |
Summary of Analyst Outlook:
The consensus among analysts is that Samsung Electronics Co. Ltd. (SSNLF) is expected to perform well, with an outperform rating. The average price target for the stock is $102,019.44, suggesting significant potential growth. The current price is $40.60, which indicates a potential gain of 253.91% if the price reaches the average target.
Amazon (AMZN), Apple (AAPL), and Netflix (NFLX)
Ready for a Double Down? Learn how BlackBerry’s Quiet Surge Matches Success Greats
Previously recommended for aggressive buys, these companies have yielded substantial returns. Drawing a parallel narrative, it’s suggested that BlackBerry might follow a similar trajectory if the Q10 achieves or exceeds market expectations. Investors keen on seeking the next big thing can glean valuable insights from past successes to potentially identify future winners.
Table of Analyst Ratings for Amazon (AMZN)
| Info | Value |
| Consensus Rating | Strong Buy |
| Average Price Target | $222.58 |
| Current Price | NA |
| Potential Gain | 14.44% |
| Number of Ratings | 43 |
Summary of Analyst Outlook:
Consensus Rating: Strong Buy based on 43 buy ratings and no hold or sell ratings. Average Price Target: $222.58 based on 43 Wall Street analysts’ 12-month price targets issued in the past three months. Potential Gain: 14.44% based on the average price target compared to the current stock price. Number of Ratings: 43 buy ratings.
Table of Analyst Ratings for Netflix (NFLX)
| Consensus Rating | Average Price Target | Current Price | Potential Gain | Number of Ratings |
| Moderate Buy | $668.27 | $647.60 | 3.19% | 36 |
Summary of Analyst Outlook:
The average price target for Netflix (NFLX) after considering analyst ratings stands at $668.27, representing an estimated increase of 3.19% from the last closing price of $647.60. The consensus ratings for Netflix indicate a moderate buy, with the majority of analysts giving buy or hold ratings.
Detailed Analysis
Introduction
The recent rollout of the BlackBerry Q10 marks an exciting chapter in the brand’s storied history. Initial reports from international markets suggest the Q10 is not only well-received but poised to challenge prevalent market narratives about BlackBerry’s decline.
The Global Rollout
The Q10 is making its way across the globe with impressive reception. In France, it quickly became the best-selling smartphone at SFR, a promising sign. Upcoming launches in the U.S. with Verizon and T-Mobile are highly anticipated, potentially setting the stage for a robust presence in one of BlackBerry’s most crucial markets. Within the past month, the Q10 launched in the U.K., Canada, and across many countries in Europe and Asia, underscoring BlackBerry’s renewed global ambitions.
Market Expectations and Analyst Opinions
Wall Street analysts, including Deutsche Bank, have provided mixed reviews on Q10’s sales in Canada and the UK. However, the strong performance in markets like France offers a counter-narrative suggesting that the Q10 could still surprise on the upside. This discrepancy between cautious analyst expectations and strong sales performance creates an intriguing investment landscape. Despite Deutsche Bank’s dubious methodology, which involved calling carriers that hadn’t yet begun selling the Q10, it’s evident that strong demand exists, especially outside of traditional retail channels where BlackBerry has a corporate stronghold.