Recently, BlackBerry (BlackBerry) stock has not performed well

$BlackBerry(BB.US)$ The stock price has been falling. The current trading price is around $2.26, down 36.2% from $3.54 at the beginning of the year [29†source]. There are a number of reasons for this, including market concerns about its growth potential and financial performance.

Blackberry has been transforming in recent years, from a hardware manufacturer to a company focused on enterprise software and services, particularly in the field of cybersecurity and the Internet of Things (IoT). However, the growth rate of these new business areas did not meet investors' expectations [30† source].

Currently, market analysts' attitude towards Blackberry stocks is mainly “holding” ratings, and the target price range for the next 12 months is between $3.00 and $6.50, with an average target price of $4.08, which means there is room for an increase of about 80.7% [29† source] from the current price. However, market experts generally believe that even though there may be some short-term rebound in the future, Blackberry still faces many challenges in the long run [30† source].

The upcoming financial report will reveal more about the company's financial situation and future prospects on June 26, which may have an impact on the stock price [28†source].

Overall, if you already own BlackBerry stocks, it is recommended that you continue to monitor its earnings and market performance, but it is not recommended to increase your holdings at the current price level. Future stock prices may be affected by both market conditions and company performance, so care must be taken.