From TradingView · · 1m 10s
BlackBerry Stock Price Target Split
BlackBerry stock splits price targets as QNX growth vs Secure Communications weaknesses divide Wall Street.
In brief
BlackBerry stock splits price targets as QNX growth vs Secure Communications weaknesses divide Wall Street. BlackBerry's stock price target split between $9.50 and $9 reflects Wall Street's divide between QNX growth strength and Secure Communications weaknesses. Originally reported by TradingView.
BlackBerry stock split
BlackBerry stock price targets split between Canaccord and RBC Capital.
QNX revenue growth
Canaccord reports QNX record Q2 revenue of $80.3m with 87% gross margin.
QNX guidance raised
Canaccord lifts FY27 QNX revenue guidance to $320m and secures Alloy Kore design win.
QNX royalty backlog
Alloy Kore design win adds over $100m to royalty backlog for qnx.
RBC Capital outlook
RBC Capital expects Q2 revenue, EBITDA, and EPS to slightly exceed estimates.
Canaccord price target cut
Canaccord cuts BlackBerry price target to $9.50 from $10.30 while keeping hold rating.
Secure Communications weakness
Secure Communications remains weak despite QNX growth strength.
RBC price target
RBC Capital maintains $9 price target with sector perform rating.
QNX sustainability
BlackBerry's future depends on QNX sustainability and other segments stabilizing.
The bottom line
BlackBerry's stock price target split between $9.50 and $9 reflects Wall Street's divide between QNX growth strength and Secure Communications weaknesses.
