BlackBerry is a company that makes phones and other things. They also help protect computers from bad people who want to steal information. Sometimes, they make money by selling parts to cars that use electricity instead of gasoline. But right now, some car companies in China are not making as many cars, so BlackBerry is not making as much money as they thought. The people who watch the stock market think this might happen and have lowered their expectations for how well BlackBerry will do this year. Read from source...
- The article title is misleading and sensationalized. It implies that BlackBerry's FY25 revenue guidance may not meet expectations, but does not provide any evidence or analysis to support this claim.
- The analyst who flags weakness in the cybersecurity unit cites soft KPIs from last quarter, but does not explain what these KPIs are or how they relate to BlackBerry's overall performance and potential.
- The article mentions reduced EV production at domestic automakers and Chinese EV manufacturers, but does not explain how this affects BlackBerry's business or revenue stream. It seems like a irrelevant and weak argument to justify the expected shortfall in guidance.
- The article ends with price action information and analyst ratings, which are outdated and irrelevant for readers who want to understand the underlying fundamentals of BlackBerry's business and its prospects.