Friday's Top 5 Trending Stocks: What's Going On With SoundHound AI, GameStop, Lululemon?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 06 2024
0mins
Source: Benzinga
Trending Stocks: SoundHound AI, GameStop, Lululemon, Uber, and Ulta Beauty are the top trending tickers on Yahoo Finance, with notable movements in their stock prices due to recent announcements and earnings reports.
Company Highlights: SoundHound's stock surged nearly 150% after launching its voice AI system, Lululemon reported a 33% rise in international revenue, while Uber's shares fell nearly 9% amid competition from Waymo's upcoming robotaxi service.
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Analyst Views on BB
Wall Street analysts forecast BB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BB is 5.03 USD with a low forecast of 4.50 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 3.660
Low
4.50
Averages
5.03
High
6.00
Current: 3.660
Low
4.50
Averages
5.03
High
6.00
About BB
BlackBerry Limited is a Canada-based company, which provides enterprises and governments the intelligent software and services. The Company delivers operational resiliency with the certified product portfolio for mobile fortification, mission-critical communications, and critical events management. It operates in three segments: QNX, Secure Communications, and Licensing. The QNX segment consists of the QNX business, BlackBerry Certicom, and BlackBerry Radar. The Secure Communications segment consists of BlackBerry UEM solutions, BlackBerry AtHoc, and BlackBerry SecuSUITE. Its endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, BlackBerry Workspaces solutions, and BlackBerry Messenger (BBM) Enterprise. The Licensing segment consists of the Company’s intellectual property arrangements and settlement awards. Its BlackBerry Radar is a family of asset monitoring and telematics solutions for the transportation and logistics industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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