Kurtz Philip S. sold $38K of BB

BlackBerry (BB) stock rose 3.67% after strong Q2 earnings and raised FY27 guidance. Revenue was $163.3M, net income $33.9M, with QNX securing major auto industry wins. Analysts remain cautious, with price targets at $9 and $9.50. BB's focus on software and auto tech drives investor interest.

BlackBerry Limited (BB) stock rose 4.7% on strong Q2 results, with revenue up 26% YoY to $163.3M, beating estimates. The company raised FY27 guidance, driven by QNX's success in auto software, including a win with Coretura for Alloy Kore. BB's stock has climbed from $7 to $9.13, with traders watching QNX momentum and upcoming Q3 guidance.

BlackBerry (BB) stock rose 4.64% after Q2 FY27 earnings beat expectations, with revenue up 26% YoY to $163.3M and adjusted EPS at $0.07. QNX, its embedded software unit, drove growth with high margins. The company raised FY27 guidance, citing wins like Coretura, a joint venture backed by Daimler Truck and Volvo Group. Analysts remain cautious, with mixed price targets. BB trades at a high valuation, reacting to catalysts like QNX's automotive software deals.

BlackBerry (BB) rose 5% to $9.14 on QNX automotive software momentum, reporting record QNX revenue of $80.3M, up 27% YoY, and raising fiscal 2027 outlook to $315M-$325M. Palo Alto Networks (PANW) gained 4% to $403.01, CrowdStrike (CRWD) edged up 2% to $267.60. The First Trust NASDAQ Cybersecurity ETF (CIBR) rose 2% to $103.91.

BlackBerry (TSX: BB) has seen a 21% share price decline over the last three months, despite a strong financial performance. The company reported a 26% year-over-year revenue increase to US$163.3 million in Q2 FY2027, with improved profitability and cash flow. Its QNX segment, focused on automotive and safety-critical systems, showed significant growth, with record quarterly revenue of US$80.3 million.

BlackBerry (BB) reported Q2 results with QNX revenue up 27% YoY to $80.3M and adjusted EBITDA up 41%. Secure Communications revenue grew only 2%, and guidance was cut due to geopolitical risks. Canaccord lowered its price target to $9.50, maintaining a Hold rating. Hedge funds increased stakes, with D. E. Shaw raising its position by 3,510%.