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The latest announcement is out from BlackBerry ( (TSE:BB) ).
BlackBerry reported strong financial results for the first quarter of fiscal year 2026, surpassing guidance in revenue, adjusted EBITDA, and operating cash flow. The QNX and Secure Communications divisions both exceeded expectations, contributing to a net income of $1.9 million, marking the company’s first GAAP profitability since Q4 FY22. BlackBerry also returned $10 million to shareholders through a share buyback program. Strategic announcements included the launch of QNX Hypervisor 8.0 and partnerships with companies like WeRide and Leapmotor, enhancing BlackBerry’s position in the autonomous driving and digital cockpit markets.
The most recent analyst rating on (TSE:BB) stock is a Hold with a C$4.75 price target. To see the full list of analyst forecasts on BlackBerry stock, see the TSE:BB Stock Forecast page.
Spark’s Take on TSE:BB Stock
According to Spark, TipRanks’ AI Analyst, TSE:BB is a Neutral.
BlackBerry’s overall stock score of 56 reflects the company’s ongoing profitability challenges despite operational improvements and positive earnings call sentiment. The technical analysis points to modest bullish momentum, but valuation concerns due to a negative P/E ratio and lack of dividend yield weigh on the score. The positive guidance and strategic moves highlighted in the earnings call are significant factors supporting the score.
To see Spark’s full report on TSE:BB stock, click here.
More about BlackBerry
BlackBerry Limited is a company operating in the technology industry, primarily focusing on software and services. It is known for its QNX division, which provides operating systems and software for automotive and other embedded systems, and its Secure Communications division, which offers secure communication solutions. The company is also involved in licensing and has a market focus on security and connectivity solutions.
Average Trading Volume: 1,871,731
Technical Sentiment Signal: Buy
Current Market Cap: C$3.48B
For an in-depth examination of BB stock, go to TipRanks’ Overview page.