Ali Mogharabi

Ali Mogharabi is a former senior equity analyst for Morningstar.

More From Ali Mogharabi

The latest quarterly results support our belief that BlackBerry will successfully transition from a hardware to a software company.

While the firm's growing user engagement is reaffirming part of our thesis, lower than expected user growth and delay in more effective monetization of the users are concerning.

The wide-moat social network had a strong fourth quarter, but will need to continue to invest in innovation to keep competitors at bay.

We think shares of the social networking firm are fully valued as management signals it will continue to invest in the business.

Google introduced two new high-end smartphones as part of several product announcements that the wide-moat firm hopes will help maintain and/or grow its dominance in online search.

Thanks to its decision to no longer develop mobile devices and to continuing growth in its high-margin software and services revenue, we're raising our fair value estimate on this no-moat tech firm.

Given the better-than-expected performance in the quarter and our assumption of further operating margin expansion, we're raising our fair value estimate on the wide-moat firm.

Disappointing guidance is sending shares of the social networker lower, but we’d wait for a larger margin of safety before investing.

More About Ali Mogharabi

Ali Mogharabi is a former senior equity analyst for Morningstar.* He covered internet and software companies.

Before joining Morningstar in 2016, Mogharabi was a senior equity analyst for Singular Research, where he covered the technology and biotechnology sectors. His previous experience also included roles as a senior equity analyst for B. Riley & Co., associate analyst for Roth Capital Partners, sales consultant for Oracle, and business development consultant for Aerospike.

Mogharabi holds a bachelor’s degree in economics from the University of California, San Diego; a master’s degree in business administration from University of California, Irvine; and a master’s degree in applied economics from the University of Michigan.

* Morningstar Research Services LLC (“Morningstar”) is a wholly owned subsidiary of Morningstar, Inc.

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