Blackberry (TSX:BB) stock rose 3% on Thursday after the Canadian company lifted its fiscal 2026 revenue forecast, buoyed by stronger demand for its cybersecurity software. The former smartphone maker, now focused on protecting corporate networks, said it expects annual sales of $519 million to $541 million.
BB's QNX launches QOS 8.0, a safety-certified OS driving growth across auto, embedded and emerging tech markets.
In the latest trading session, BlackBerry (BB) closed at $3.66, marking a -2.4% move from the previous day.
In the most recent trading session, BlackBerry (BB) closed at $3.77, indicating a +2.72% shift from the previous trading day.
BlackBerry Limited (NYSE:BB ) Canaccord Genuity 45th Annual Growth Conference August 13, 2025 9:00 AM ET Company Participants John Joseph Giamatteo - CEO & Director Tim Foote - Chief Financial Officer Conference Call Participants William Kingsley Crane - Canaccord Genuity Corp., Research Division William Kingsley Crane Welcome, everyone, to this Wednesday session. I'm Kingsley Crane, a software analyst here at Canaccord Genuity.
In the most recent trading session, BlackBerry (BB) closed at $3.64, indicating a -1.89% shift from the previous trading day.
In the most recent trading session, BlackBerry (BB) closed at $3.6, indicating a -2.57% shift from the previous trading day.
BlackBerry Limited delivered strong Q1 beats on both revenue and adjusted earnings, with rising margins and its first GAAP profit in over three years. Despite the positive results, Q2 guidance was somewhat weak and the full year forecast was only modestly raised. BB stock's valuation remains fair relative to peers, but its growth profile lags behind leading software companies with stronger fundamentals.
U.S. equities were mostly higher at midday as a ceasefire between Israel and Iran appeared to be holding. The S&P 500 and Nasdaq rose, but the Dow Jones Industrial Average dropped.
Tech stock BlackBerry Ltd (NYSE:BB) is up 20.6% at $5.22 at last glance, after the company posted strong first-quarter results and lifted its annual revenue forecast.
Blackberry lifts full-year outlook as strong fiscal Q1 2026 from QNX and early Secusmart wins drive surprise profit and revenue beat.
Blackberry (TSX:BB) shares jumped more than 13% in early trade as the cybersecurity firm's first quarter earnings topped Wall Street estimates. For the quarter, the company posted revenue of $121.7 million, ahead of estimates of $120 million.