Blackberry jumps after co lifts full-year revenue forecast

BlackBerry

25/06/2025 09:47

** U.S.-listed shares of cybersecurity firm Blackberry BB.TO, BB.N jump 9.24% to $4.70 premarket

** Co raised its annual revenue forecast, anticipating steady demand for its cybersecurity services amid growing online crimes

** Co now sees FY26 revenue in the range of $508 million-$538 million, up from earlier forecast of $504 million-$534 million

** Avg rating of six brokerages is "hold"; median PT is $4.50, according to data compiled by LSEG

** Stock up ~14.5% so far this year through Tuesday

 (Reporting by Joel Jose in Bengaluru)

 ((joeljose@thomsonreuters.com;))