BlackBerry gains as revenue from QNX division hits record high

BlackBerry

24/09/2026 12:42

** BlackBerry's US-listed shares BB.N rise 1% to $8.48 premarket
** Company raises full-year 2027 revenue forecast to $616 mln-$636 mln from $594 mln-$621 mln
** Revenue from its QNX software division rises 27% to $80.3 mln in Q2, driven by automotive growth and new design wins
** Q2 revenue of $163.3 mln beats analysts' estimate of $145.6 mln — data compiled by LSEG
** Average rating of six analysts is "hold"; median PT is $9.50 — data compiled by LSEG
** Up to last close, the stock has more than doubled YTD

(Reporting by Anzar Mehraj in Bengaluru)
((Anzar.Mehraj@thomsonreuters.com;))