BB Reports Q1 Earnings
BlackBerry is set to release its first-quarter financials, with bettors speculating on topics that could be mentioned during the earnings call, including mentions of Nvidia and Alloy Kore
BlackBerry Ltd. (NYSE: BB ) is set to release its first-quarter financials before the market opens on Thursday, and bettors are speculating on a variety of topics that could be mentioned during the earnings call.
BlackBerry’s Word-Mention Market Buzzes Kalshi bettors put an 85% probability on a mention of "Alloy Kore," the foundational vehicle software platform co-developed by BlackBerry’s QNX division and automotive software firm, Vector.
Punters assigned roughly 67% odds to Blackberry executives mentioning “Nvidia” during the call.
Notably, the two companies announced a collaboration in April to integrate BlackBerry’s QNX real-time safety operating system into Nvidia Corp.’s (NASDAQ: NVDA ) advanced AI platforms. “Headwin” and “Tailwind” carried 61% and 58% odds, respectively, while the chances of “Record Revenue” being mentioned dipped to 34%.
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Analysts project earnings of $0.02 per share, flat year-over-year, and revenue of $137.91 million, a 13% increase from last year.
The stock carries a “Hold” rating with a consensus price target of $6.87.
The latest rating by Canaccord Genuity raised the price target from $4 to $8.2, but left the stock on “Hold.” Price Action: Blackberry shares were up 2.95% in pre-market trading after closing 2.27% lower at $8.62 during Wednesday’s regular trading session.
Year-to-date, the stock has soared 127%.
According to Edge Stock Rankings, the BB stock maintains robust price trends in the short, medium, and long term, alongside very high Momentum and Growth scores.
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