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BlackBerry price target raised to $4.50 from $4 at RBC Capital

RBC Capital analyst Paul Treiber raised the firm’s price target on BlackBerry (BB) to $4.50 from $4 and keeps a Sector Perform rating on the shares. The company reported Q2 above consensus estimates and raised FY26 guidance, with the upside reflecting demand stabilization following macro/tariff uncertainty at the start of the year, the analyst tells investors in a research note. QNX design win momentum also rebounded in Q2, which improves visibility to sustained QNX growth, the firm added.

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