BlackBerry Limited (NYSE:BB ) Baird 2025 Global Consumer, Technology & Services Conference June 3, 2025 9:40 AM ET Company Participants John Giamatteo - Chief Executive Officer Tim Foote - Chief Financial Office Conference Call Participants Luke Junk - Baird Luke Junk Thanks for joining us. My name's Luke Junk.
BlackBerry (BB) reachead $4.09 at the closing of the latest trading day, reflecting a -0.97% change compared to its last close.
DCLI deploys BB's Radar across 100,000 DCL53 domestic 53-foot chassis, driving digital transformation in intermodal logistics.
In the closing of the recent trading day, BlackBerry (BB) stood at $3.91, denoting a -0.76% change from the preceding trading day.
BB's pivot toward its QNX business, improving financials and ongoing cost-cutting measures position it for long-term growth.
BlackBerry (BB) concluded the recent trading session at $3.92, signifying a +1.03% move from its prior day's close.
We initiate coverage on BlackBerry (BB) with a Neutral rating and $4 price target, citing balanced risk/reward amid Secure Communications reset and QNX-led growth potential. FY26E revenue projected at $524M (-2.04% YoY) and FY27E at $569M (+8.59% YoY), with QNX's $865M royalty backlog driving future growth. Near-term revenue reset and volatility present valuation overhang, but QNX's design win momentum offers durable growth visibility.
Here is how BlackBerry (BB) and Allient (ALNT) have performed compared to their sector so far this year.
BlackBerry (BB) reachead $3.68 at the closing of the latest trading day, reflecting a +1.94% change compared to its last close.
BlackBerry (BB) reported earnings 30 days ago. What's next for the stock?
In the closing of the recent trading day, BlackBerry (BB) stood at $3.37, denoting a -0.88% change from the preceding trading day.
Growth Prospects & Innovation: BlackBerry's QNX software is a leader in embedded systems, integrated into 255M+ vehicles. Strategic R&D investments support SDVs and ADAS, positioning the company for long-term growth. Short-Term Challenges: Inflation, rising production costs, and declining automotive sector demand create short-term headwinds. However, BlackBerry surpassed revenue guidance, indicating resilience despite cautious market conditions. Financial Highlights & Valuation: Q4 2025 revenue exceeded guidance at $141.7M, with improved cash flow and margins. BlackBerry remains undervalued versus competitors, poised for growth as the auto industry recovers.