BlackBerry is monetizing patents, growing profitable software units and buying back shares while investing in QNX and targeting positive cash flow.
BB targets growth beyond automotive as QNX expands into robotics, industrial automation and medical AI, with new wins and partnerships fueling momentum.
In the closing of the recent trading day, BlackBerry (BB) stood at $8.84, denoting a -4.84% move from the preceding trading day.
BlackBerry (BB) has completed its turnaround, now positioning itself as a growth company focused on its QNX software platform. BB's valuation is elevated after a 180% rally, trading at 67.21x forward P/E and 10.12x forward P/S, well above sector medians. Management guides for FY2027 QNX revenue of ~$300M (15% growth), targeting expansion in automotive, robotics, and medical sectors.
BB's secure communications unit rebounds with rising defense demand, improved metrics and a projected return to growth in fiscal 2027.
BlackBerry's 153.2% run is buoyed by strong performance as QNX posts record backlog, while Secure Comms shows renewed growth.
BlackBerry Limited (BB) is positioned to benefit from the rise of physical AI, with QNX poised as a leading robotics operating system. QNX sales grew 14% in FY26 and 20% in Q4, supported by a $950 million backlog, signaling a successful turnaround and accelerating growth. BB's strong balance sheet, net cash of $232 million, and ongoing share buybacks enhance downside protection and capital allocation.
In the most recent trading session, BlackBerry (BB) closed at $8.67, indicating a +2.97% shift from the previous trading day.
Shares of BlackBerry (NYSE:BB) are up 18% in midday trading Friday, leading a sharp rotation into automotive AI software names.
BlackBerry (BB) reached $6.21 at the closing of the latest trading day, reflecting a -2.74% change compared to its last close.
The latest trading day saw BlackBerry (BB) settling at $6.21, representing a -2.51% change from its previous close.
BlackBerry (BB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.