TSX:BBSoftware
BlackBerry (TSX:BB) Stock Looks Expensive After Its 243% Run
BlackBerry stock has surged year to date, yet the valuation checks currently lean expensive, creating a clear tension between strong recent returns and what the broader metrics say about value.
Year to date, BlackBerry is up 243.1%, a move that puts extra focus on whether the current price already reflects much of the good news in its software and embedded systems pivot.
Expectations around continued growth in QNX and secure communications can support the current share price. However, any...