BlackBerry Ltd. has gained 10% over the past week, fueled by optimism about its upcoming Q2 earnings report and strong performance in its QNX division. Investors are eagerly awaiting the results set for September 24, which could shed light on the company's growing software revenue streams.
The stock price increase reflects investor confidence ahead of its second-quarter fiscal 2027 earnings announcement. Analysts expect revenues between CA$137 million and CA$148 million. As BlackBerry shifts more towards software solutions, especially in the automotive sector, the market is keen to see how these developments will affect its financial performance.
Investor takeaway: Long-term investors should keep an eye on BlackBerry's upcoming earnings report for signs of continued growth in its software divisions.
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BlackBerry Ltd
BB.TO
BB.TO
BlackBerry Ltd
WealthAwesomeMarket cap
$6.94B
P/E
84.6x
52W high
$18.45
52W low
$4.35
1W change
+10.65%
Beta
1.44
Analyst Price Targets
Based on analyst covering BB · as of Sep 24, 2026
Wall Street analysts forecast BB stock price to fall 3.4% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$11.44
-3.4% Upside
Previously C$11.41 on Sep 23, 2026
Current Price
C$11.84
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BB's historical volatility
30-Day Vol
51.3%
Annualized
90-Day Vol
75.9%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$9.90
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$11.16 | C$9.35 – C$13.31 |
| 60 trading days | C$10.51 | C$8.19 – C$13.50 |
| 90 trading days | C$9.90 | C$7.29 – C$13.45 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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What BlackBerry's 10% Gain This Week Signals for Its Earnings Potential
BlackBerry's stock surge shows strong investor sentiment leading up to its earnings report, which could indicate whether the momentum in its QNX division translates into solid financial results. The market is particularly focused on the nearly US$1 billion royalty backlog that could enhance revenue visibility moving forward.
Bull case
- The QNX division is expected to perform well, showing significant year-over-year growth.
- There’s a positive market vibe as BlackBerry prepares to report earnings, with a history of exceeding estimates.
- The company’s focus on software-defined vehicles and AI applications opens up new revenue opportunities.
Bear case
- Risks tied to the cyclical nature of the automotive industry could affect QNX's performance.
- High expectations might lead to disappointment if earnings fall short of projections.
- Competition in the software space, especially from in-house automotive platforms, remains a concern.
Why Investors Are Bullish on BlackBerry Ahead of Earnings
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The upcoming earnings report is generating excitement among investors, particularly due to BlackBerry's QNX division, which has been a standout performer. With revenues in this segment surging 26% year-over-year, the company is set to highlight its strength in the software market. Additionally, BlackBerry's focus on emerging technologies like AI in automotive applications is expected to enhance its growth narrative.
The Importance of QNX's Royalty Backlog
BlackBerry's nearly US$1 billion royalty backlog is a key indicator of its potential revenue streams. This backlog reflects ongoing demand for QNX's embedded operating systems across various industries, including automotive and robotics. Investors are eager to see how this backlog translates into actual revenue, especially as the company expands into new markets.
What to Watch for in BlackBerry's Earnings Report
As BlackBerry prepares to release its earnings, investors should pay close attention to the guidance for the upcoming quarters. Key metrics to watch include revenue projections for QNX and Secure Communications, along with updates on customer retention and annual recurring revenues. Given the competitive landscape, insights into how BlackBerry plans to tackle these challenges will be crucial for assessing its long-term growth prospects.
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Wealth Awesome
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