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BlackBerry (TSX:BB) Valuation Check After Sharp Short-Term Share Price Surge

BlackBerry (TSX:BB) Valuation Check After Sharp Short-Term Share Price Surge

Recent share performance and business snapshot

BlackBerry (TSX:BB) has drawn fresh attention after a strong recent run in its share price, with returns of 32% over the past week, 72% over the past month and 162% over the past 3 months.

The Canada based software company, which focuses on secure communications, QNX and licensing, reports annual revenue of $549.1 million and net income of $53.2 million. This gives it a market value of about CA$7.0b.

See our latest analysis for BlackBerry.

The recent momentum in BlackBerry’s share price, with a strong 90 day share price return and a 1 year total shareholder return of 119.78%, contrasts with a weaker 5 year total shareholder return that declined 36.66%. This may reflect shifting…

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