The Globe and Mail reports in its Thursday, June 26, edition that RBC Dominion Securities analyst Paul Treiber has reaffirmed his "sector perform" recommendation for BlackBerry. The Globe's David Leeder writes in the Eye On Equities column that Mr. Treiber bumped his share target ahead by 25 cents to $4 (all figures U.S.). Analysts on average target the shares at $4.45 (U.S.). Mr. Treiber says in a note: "BlackBerry reported Q1 above RBC/consensus due to better than expected Secure Comms and QNX revenue. While BlackBerry slightly increased FY26 guidance, the outlook is conservative and still assumes an uncertain auto/macro environment. Even though BlackBerry is seeing good pipeline growth, visibility to auto production is low and new deals may be pushed out. Due to better than expected Q1, BlackBerry raised FY26 Secure Comms revenue guidance by $4-million to $234-million to $244-million from $230-million to $240-million previously. BlackBerry left FY26 QNX revenue guidance unchanged at $250-million to $270-million. As a result, BlackBerry only modestly took up FY26 guidance to $508-million to $538-million revenue and $72-87-million adj. EBITDA from $504-million to $534-million and $69-million to $84-million previously."
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