• 简

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    BlackBerry’s QNX and Secure Software Pivot Might Change The Case For Investing In BlackBerry (TSX:BB)

    Simply Wall St·08/01/2026 04:16:24
    语音播报
    • In recent weeks, BlackBerry has highlighted its restructuring around QNX automotive software and secure communications, emphasizing that QNX now powers about 275 million vehicles and is gaining traction in robotics and other embedded applications.
    • At the same time, renewed certification for its SecuSUITE secure communications platform and growing interest in its AI-related royalties have sharpened investor focus on the company’s software-led business model.
    • Next, we’ll examine how this sharpened focus on QNX’s role in vehicles and robotics could influence BlackBerry’s broader investment narrative.

    The future of work is here. Discover the 35 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation.

    BlackBerry Investment Narrative Recap

    To own BlackBerry today, you need to believe that QNX and secure communications can justify the company’s current software focused valuation, while converting existing design wins into durable, higher margin revenue. The latest headlines around QNX’s vehicle footprint and AI related royalties highlight that story, but they do not fundamentally change the near term catalyst, which is execution on software growth targets, or the key risk around whether that growth supports BlackBerry’s relatively high earnings multiple.

    Among recent developments, the renewed NIAP Common Criteria certification for SecuSUITE stands out, because it reinforces BlackBerry’s positioning in tightly regulated, government grade secure communications just as investors are re examining the stock’s premium valuation. For a business that leans on trust, security and long contracts with public sector and defense clients, this type of certification underpins one of the core pillars that could either validate or disappoint current expectations for software led growth.

    Yet beneath the excitement around QNX and AI related royalties, one risk investors should be aware of is BlackBerry’s high price to earnings multiple and what happens if...

    Read the full narrative on BlackBerry (it's free!)

    BlackBerry's narrative projects $762.3 million revenue and $139.7 million earnings by 2029. This requires 9.5% yearly revenue growth and about an $80 million earnings increase from $59.8 million today.

    Uncover how BlackBerry's forecasts yield a CA$11.36 fair value, a 5% downside to its current price.

    Exploring Other Perspectives

    TSX:BB 1-Year Stock Price Chart
    TSX:BB 1-Year Stock Price Chart

    Some of the lowest ranked analysts were already cautious, assuming BlackBerry’s revenue would reach about US$781.5 million and earnings US$140.2 million by 2029, and the latest QNX and AI headlines could either soften or reinforce that more pessimistic view, so it is worth weighing those assumptions against your own.

    Explore 6 other fair value estimates on BlackBerry - why the stock might be worth 48% less than the current price!

    Reach Your Own Conclusion

    Don't just follow the ticker - dig into the data and build a conviction that's truly your own.

    Want Some Alternatives?

    Opportunities like this don't last. These are today's most promising picks. Check them out now:

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.