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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BB:
- BlackBerry’s Mixed Outlook: Strong QNX Growth Amid Cautious Future Performance
- BlackBerry Reports Strong Q2 Fiscal 2026 Results
- BlackBerry’s Earnings Call Highlights Strong Growth and Strategic Wins
- Starbucks announces restructuring, CoreWeave expands OpenAI pact: Morning Buzz
- Unusually active option classes on open September 25th
