Buy Blackberry Stock Or Not? Our future forecast 2022!

throttll
October 3, 2021
As you have already noticed, with Gamestop and AMC, Blackberry has now also been tackled. Accordingly, investors now ask themselves the question: buy Blackberry stock or not?
Buy Blackberry Stock Or Not? Our future forecast 2021!

There is currently a rally between small investors and large US hedge funds regarding certain companies betting on falling prices for these companies precisely. Users from the Internet and the social networks Twitter and Reddit have joined forces to bring major investors to their knees. As you have already noticed, with Gamestop and AMC, Blackberry has now also been tackled. Accordingly, investors now ask themselves the question: buy Blackberry stock or not?

Table of Contents

Buying Blackberry Stocks – What To Look For?

You should pay attention to the following points when buying Blackberry stocks:

  • Why should you invest in Blackberry stocks? Blackberry was once, like Nokia, one of the most popular mobile phones that could be bought. At the beginning of the 2000s, Blackberry surprised people with unique functions such as e-mails and boarding directly on the cell phone. Unfortunately, the smartphone almost made Blackberry obsolete, which meant that Blackberry suffered a massive slump. However, blackberry is now experiencing a big comeback thanks to the current short squeeze on the stock exchange.
  • Where can you buy Blackberry stocks? Blackberry stocks can be purchased from any online broker. However, we recommend our test winner ROinvesting. In our opinion, the provider is the absolute best stock broker currently on the market. On ROinvesting, you can buy stocks and ETFs completely free of charge.
  • What can the future of Blackberry stocks look like? Blackberry has partnered with several technology companies behind the scenes. The current attack on the US hedge funds, which bet on the falling price of the Blackberry share, helped Blackberry to a real boom on the stock market. So it could be worthwhile to invest in Blackberry stocks now!

Is now the right time to start? How will Blackberry evolve? What are the forecasts?

We cover the basic data about the Blackberry stock: price, valuation, outlook, analysis, forecasts, recommendations, history and tips on how and where it is easy to trade stocks online.

The best brokers for buying Blackberry stocks

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4.9/5
250
0.07
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  • Forex 40+
  • Metals
  • Commodities
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  • Indices
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Buy Blackberry Stock Or Not? Our future forecast 2021!

Buy Blackberry stock in 4 steps

Step 1: Choose a broker

To be able to buy the Blackberry share, you first have to register with a broker. It is advisable to pay particular attention to deposit protection. Should the broker go bankrupt, the shares still belong to you. Anyone who waives this deposit protection will be left without shares in the event of the broker’s bankruptcy.

If stock selection and evaluation are too complicated, a social trading platform can also be a good solution. Here you simply follow an experienced trader and automatically copy the trader’s trading decisions.

Our broker recommendation at this point is ROinvesting – with state-guaranteed deposit protection of up to 20,000 euros and 0% commission when buying shares, ROinvesting is our test winner broker. To register with ROinvesting, click here.

Step 2: registration

Once you’ve decided on a broker, the next step is to register and log in.

At ROinvesting, you have several registration options. In addition to the option of creating a user account yourself, there is also the option of registering via a Facebook or Google account. It simplifies the process considerably.

To open an account, all you need in the first step is a  username, email address and a  strong password. With this, you first open a  demo account with ROinvesting, whereby you can trade unlimited with virtual credit.

However, if you want to buy Blackberry stocks, you can switch to live mode or simply make a deposit.

Step 3: deposit

After registration, a payment is made to the customer account. In advance, you should therefore think about how much money you are willing to invest in Blackberry shares. We generally recommend that you never invest more than 5% of your capital in a single share. 

Once you have decided on the amount you want to invest, click the ” Add Money ” button.

You can now choose from various deposit methods, including PayPal, credit card or bank transfer. It should be noted that a bank transfer usually takes 2-3 working days for the credit to arrive on the customer account.

However, if you want to have your money in your account faster, there are other payment methods available

Below is an overview of all the payment methods available at ROinvesting:

Payment optionPossible?
Buy Blackberry Stock with Credit Card✔️
Buy Blackberry Stock with PayPal✔️
Buy Blackberry Stock with Skrill✔️
Buy Blackberry shares with a wire transfer✔️
Buy Blackberry Stock with Neteller✔️
Buy Blackberry shares with UnionPay✔️

Step 4: Buy Blackberry Stock

After the deposit, the money appears in your account under the menu item “Account”.

First, find the Blackberry stock using the search bar above and then click the “ Trade ” button.

A small window will open (see screenshot) where you can set the price and the number of shares you want to buy. You can also set stop-loss and take-profit, i.e. at which price the share should be sold again in the event of a profit or loss. The two fields are optional.

The Leverage field allows you to control whether you want to buy the real share (x1 leverage) or a CFD (x2 or more leverage).

With a click on ” Place order ” the purchase is completed, and the share appears in your portfolio.

ROinvesting

What is Blackberry?

Blackberry (or Blackberry Limited) is a software manufacturer and manufacturer of smartphones from Canada. Blackberry is currently also a marketer of mobile communication systems. The company was founded on March 7, 1984, and employs around 3945 people.

Most recently, Blackberry generated sales of USD 1.04 billion between 2019 and 2020. However, Blackberry has had to accept major setbacks in recent years and has lost more importance in mobile communication.

Story

Blackberry was founded by the student Mike Lazaridis to develop new communication possibilities. As a result, Blackberry introduced the first smartphone back in 1999 and brought it onto the market. However, due to the strong competition from Apple and Samsung that followed, the Blac.kberry was forgotten.

The smartphone was an absolute novelty at the time, as you could write e-mails with your cell phone and generally get on the Internet. However, the smartphone remained in development and was soon overtaken by the competition.

Blackberry has also been specialising in the manufacture of tablet PCs since 2010. But even here, they had little success, whereupon they wanted to sell the company. However, the sale failed, and the then head of the company was fired.

In 2014, Blackberry took over the German company Secusmart, which specialises in voice encryption technologies. This voice encryption is now partly used on cell phones in the federal government.

Declines in sales and depreciation

Blackberry has had to contend with sharp declines in sales since the introduction of the iPhone and other smartphones in general. This phenomenon could also be seen at Nokia, where the jump to the smartphone came too late.

While Blackberry was able to generate sales of USD 19.9 billion in 2011, sales for 2015 were the only USD 3.3 billion. Furthermore, as already mentioned, Blackberry could only generate sales of USD 1.1 billion from 2019 to 2020.

With the sharp declines in sales and sales, Blackberry announced in 2016 that it would only manufacture smartphones under license. Blackberry currently offers hardware and software solutions for other Android cell phone manufacturers. We are still waiting for an Apple license.

The upswing

There have been rumours that Blackberry has partnered with several technology companies and has been working on other projects for a long time. Whether there is anything to these rumours has not yet been officially confirmed. However, Blackberry stock has skyrocketed in the past few days. The reason for this is that many private investors bought the stock to bring the significant US hedge funds to their knees, which had been betting on falling stock values.

This phenomenon, also known as a short squeeze, can now be seen in several companies. This is also the case with Gamestop, AMC and Nokia. On the other hand, young investors have made it their goal to revive long-established companies and declare war on large investors. So things are currently looking perfect for the Blackberry share. However, it remains to be seen whether the company will also recover in the long term.

Blackberry share information: price, key figures, price target & dividend

While the stock in August 2020 nor for 4.74 USD was traded, it came from 13 January 2021 to a powerful upward momentum. The high point was reached on January 27, 2021, with a price of 25.10 USD. However, the stock is currently falling again, which is also because traders like Robinhood had temporarily forbidden purchasing the shares.

While the stock in August 2020 nor for 4.74 USD was traded, it came from 13 January 2021 to a powerful upward momentum. The high point was reached on January 27, 2021, with a price of 25.10 USD. However, the stock is currently falling again, which is also because traders like Robinhood had temporarily forbidden purchasing the shares.

What you are currently experiencing is sometimes referred to as the strongest course rally for 27 years. Because within just 14 days, the price of the Blackberry share has risen by more than 200%. The market values ​​were last recorded in 2011. Blackberry itself states that the vast rise is due to the collaboration with several strong partners. Allegedly they entered into a strategic partnership with AWS (Amazon Web Services).

Other rumours are that Blackberry has entered into a cooperation with Zoom. This could well be the case, as Blackberry currently specialises purely in the design of security solutions, and this could be of great interest to the companies mentioned above.

Stock ratios

Blackberry stock price target

The current target price for Blackberry is USD 3.10, according to the analyst firm Warburg Research

Blackberry dividend

Due to the sharp drop in sales and weak sales in recent years, Blackberry is currently not paying a dividend. It is uncertain whether there will be a dividend in the future.

Buy Blackberry Stock Or Not? Our future forecast 2021!

Blackberry Stock: Buy or Sell?

  • The strong upward trend in Blackberry shares since early January
  • Tremendous popularity among Reddit users
  • Joint profit-making economies through social trading
  • Alleged partnerships with AWS and Zoom
  • Blackberry posted a sharp drop in sales
  • Blackberry was in the red until the upturn in January 2021
What are the advantages of buying?

Blackberry allegedly entered into several partnerships with large technology companies, where their security solutions are to be used. The current upswing could therefore mean that Blackberry could also become attractive for other companies.

In addition, in terms of sentiment and buzz, everything is currently suggesting a buy recommendation. The Blackberry share was, among other things, the focus of discussions on social media. There was increased activity.

Concerning the technical analysis, the average of the last 200 trading days was calculated. This is currently at  CAD 7.86. The previous closing price was  CAD 18.06, a  deviation of 129.77%. From a  technical chart point of view, this results in a clear buy rating.

Even in an industry comparison, the advice is now to buy the share. In the past  12 months, Blackberry achieved a performance of  122.83%. Similar shares in the software industry are at increased 15.57%,  resulting in outperformance for BlackBerry of  + 107.26% means.

What are the advantages of selling?

One reason to sell would, of course, be fear of the big bubble. The chances are that it will burst soon, as you saw when the tech bubble burst in 2000. Nevertheless, it is assumed that the course will hold shortly.

There are currently problems with the Robinhood trading app, which made it impossible for private investors to buy the stock. Similar to Gamestop and Nokia.

For the time being, the volatility of the share is likely to continue, as experts estimate. It is now hoped that the company will succeed in reversing the trend and that the share will also rise sustainably.

Investing In Blackberry Stocks – Is It Worth It?

Many analysts and experts currently disagree on how Blackberry will evolve. The course rally that is now taking place will come to an end. However, when this happens is still uncertain. It is also unsure whether the Blackberry share can hold up or whether it will continue to rise.

What is positive is that Blackberry has entered into several partnerships, which could spell the company’s recovery. Accordingly, it would be worthwhile to invest in the Blackberry share at a low price and hold it long-term.

Fees When Buying Blackberry Stocks

We compare the fees of the largest brokers with the following example:

  • Purchase of Blackberry shares worth € 1,000
  • Hold the Blackberry share for one month and then sell
  • No course changes in the 30 days

With these assumptions, we now compare the fees of Comdirect, ROinvesting & Libertex :

providersComdirectRoinvestingLibertex
Depositfor freefreefor free
Purchase fees3.90 €free0.22%
Holding feesfor freefreefor free
Sales charges3.90 €spreads0.22%
Total fees€ 7.80Reasonable€ 4.40

Blackberry Stock Forecast 2021

Forecasts cannot be foreseen at the moment. However, the Blackberry share has risen enormously in the last few weeks but has already suffered a  setback. When asked why the stock rose so sharply, Blackberry replied:

“The Company is not aware of any material, unpublished company developments and there are no material, undisclosed changes in its business or affairs that would explain the recent increase in the market price or volume of its common stock.”

Conclusion: is Blackberry stock a good investment?

If Blackberry has partnered with Amazon Web Service and Zoom, the company could soon catch up and start making a profit again. Security solutions are currently in demand like never before, so it is not surprising that Blackberry concentrates on this segment. Since the share price is still relatively low, it could be worth buying the Blackberry share now.

However, one must not overlook the risk behind it: the bubble could burst soon.

Should the price stabilise, however, and with it the share, the future looks very good for Blackberry. In the future, you could then also focus on newer business models based on security solutions.

So if you want to get involved with Blackberry, you should do so now! For this, we recommend our test winner ROinvesting, where you can easily purchase the share.

Buy Blackberry Stock Or Not? Our future forecast 2021!

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FAQs

The share is currently at record prices. New partnerships and a further upswing can be expected. An investment could be worthwhile here.

Blackberry is listed and traded on the NASDAQ Comp., S & P / TSX, Toronto 35 Index and BX Swiss – USA indices

The article introduces a few ways how you can get your own Blackberry stock quickly. If you do not want to purchase the share directly, you also have the option of using CFDs to bet on rising or falling prices.

You can buy up to 64 shares of BlackBerry. Online brokers let you choose between a broad range of order types to execute your trade. The price of a stock constantly fluctuates on the stock market

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