BlackBerry Ltd experienced a notable surge in its stock price, closing up 3.63% after a strong earnings report.
In yesterday's trading session, BlackBerry Ltd (BB.TO) saw its stock rise by 3.63%, closing at CA$12.27. This increase followed the company's impressive Q2 earnings report, which highlighted significant revenue growth and an optimistic outlook for the year ahead.
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BlackBerry Ltd
BB.TO
BB.TO
BlackBerry Ltd
WealthAwesomeMarket cap
$7.20B
P/E
87.6x
52W high
$18.45
52W low
$4.35
1W change
+10.34%
Beta
1.44
Analyst Price Targets
Based on analyst covering BB · as of Sep 25, 2026
Wall Street analysts forecast BB stock price to fall 2.5% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$11.96
-2.5% Upside
Previously C$11.44 on Sep 24, 2026
Current Price
C$12.27
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
52.0%
Annualized
90-Day Vol
76.1%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$10.26
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$11.56 | C$9.66 – C$13.83 |
| 60 trading days | C$10.89 | C$8.45 – C$14.04 |
| 90 trading days | C$10.26 | C$7.52 – C$14.01 |
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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Investor takeaway: Investors reacted positively to BlackBerry's strong performance and raised guidance, indicating confidence in the company's growth trajectory.
3.63% Increase in Stock Price
BlackBerry's stock price rose significantly after the company reported its strongest quarterly GAAP net income since Q4 fiscal 2022, signaling a turnaround in profitability.
Bull case
The solid earnings report showed a 26% year-over-year revenue increase and a record QNX revenue of CA$80 million. This suggests that BlackBerry's focus on software solutions is really starting to pay off.
Bear case
Despite the positive earnings, there are still concerns about geopolitical uncertainties affecting Secure Communications revenue, which could impact future performance.
Strong Earnings Report Fuels Stock Surge
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BlackBerry Ltd's stock gained 3.63% yesterday, closing at CA$12.27 after the company reported impressive Q2 earnings. Total revenue reached CA$163 million, a 26% increase year-over-year, surpassing expectations. The company also achieved a record QNX revenue of CA$80 million, up 27% from the previous year, which played a significant role in boosting investor confidence.
Raised Full-Year Guidance Signals Optimism
Following the strong quarterly performance, BlackBerry raised its full-year revenue outlook by CA$19 million at the midpoint, now projecting between CA$616 million and CA$636 million. This optimistic guidance reflects the company's growth strategy and the success of its software solutions unit, particularly in the automotive sector.
Concerns Amidst Positive Momentum
While the earnings report was largely positive, investors should remain cautious. BlackBerry's Secure Communications revenue outlook was revised down due to geopolitical uncertainties, which could pose risks to future revenue streams. Additionally, the anticipated decline in licensing revenue in the coming quarters may temper enthusiasm.
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