BlackBerry remains in a downtrend but retains a 'buy' rating ahead of its Q4 earnings report. QNX's automotive market traction, including BMW adoption and rapid GEM design wins, is expected to drive future growth. QNX posted record quarterly revenue of $68.7 million, and Secure Communications delivered $67 million with a 72% adjusted gross margin.
BlackBerry (BB) closed at $3.24 in the latest trading session, marking a +2.86% move from the prior day.
BlackBerry (BB) concluded the recent trading session at $3.29, signifying a +1.86% move from its prior day's close.
BlackBerry (BB) reached $3.22 at the closing of the latest trading day, reflecting a -2.42% change compared to its last close.
BlackBerry (BB) concluded the recent trading session at $3.34, signifying a -2.34% move from its prior day's close.
BlackBerry has transitioned from its legacy smartphones to enterprise software. QNX and Secure Communications are now the majority of its business. QNX is the core growth pillar, supported by automotive wins, Software-Defined Vehicle initiatives, and a promising expansion into robotics. BB's Secure Communications is more of a core revenue contributor at this point. It offers high-trust software for governments and regulated industries.
In the closing of the recent trading day, BlackBerry (BB) stood at $3.5, denoting a +1.45% move from the preceding trading day.
I am bullish on BlackBerry Limited (BB), driven by QNX's $865 million royalty backlog and strong automotive partnerships. QNX OS 8.0 and strategic investments position BB to capture a growing automotive software market, with projected revenues of $577.25 million in FY2027. BB's QNX segment boasts a 25% EBITDA margin and a bottom-line turnaround, supporting a rerating versus peers as revenue growth accelerates.
The one-time smartphone giant, BlackBerry ( NYSE:BB ), is sitting at $3.52 today, down 7.39% year-to-date and 20% over the past year, even as the company has posted three consecutive quarters of GAAP profitability.
BlackBerry (BB) closed the most recent trading day at $3.32, moving 3.77% from the previous trading session.
Small- and mid-cap AI plays - PATH, FIVN, QLYS, TDC and BB lagged last year but could become game changers in 2026 as AI infrastructure demand stays bullish.
BlackBerry must articulate a clearer "two-moves-ahead" strategy. While management has stabilized the ship through cost-cutting, investors are still waiting for a visionary spark to attract long-term institutional capital. Despite 10% YoY growth being a good number, it pales in comparison to the 15% last quarter and remains below the "rocket ship" expectations previously promised. With total revenue projected to grow at a mere 1.2% for the full year, BlackBerry risks being labeled a value trap. Upside exists, but execution is key.