Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from BlackBerry ( (TSE:BB) ).
BlackBerry Limited reported strong financial results for the second quarter of fiscal year 2026, showcasing year-over-year revenue growth and expanded adjusted EBITDA margins. The company achieved GAAP profitability and positive operating cash flow, with both its QNX and Secure Communications divisions exceeding revenue and adjusted EBITDA guidance. The QNX division achieved significant growth and raised its full-year guidance, while the Secure Communications division also improved its key metrics. Additionally, BlackBerry returned $20 million to shareholders through a share buyback program, and made strategic advancements such as launching new safety-certified software and expanding cybersecurity training.
The most recent analyst rating on (TSE:BB) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on BlackBerry stock, see the TSE:BB Stock Forecast page.
Spark’s Take on TSE:BB Stock
According to Spark, TipRanks’ AI Analyst, TSE:BB is a Neutral.
BlackBerry’s overall stock score is primarily influenced by its financial performance, which shows significant challenges in revenue and profitability despite some operational improvements. The earnings call provided a positive outlook with revenue and profitability exceeding expectations, contributing positively to the score. However, valuation remains a concern due to a negative P/E ratio and no dividend yield.
To see Spark’s full report on TSE:BB stock, click here.
More about BlackBerry
BlackBerry Limited is a company operating in the technology industry, primarily focusing on cybersecurity and software solutions. The company offers products and services such as secure communications, embedded systems, and mobile device management, with a market focus on safety and security-critical applications.
Average Trading Volume: 1,928,927
Technical Sentiment Signal: Buy
Current Market Cap: C$3.53B
For a thorough assessment of BB stock, go to TipRanks’ Stock Analysis page.