Editor\u2019s Note: This article has been updated to correct the name of QNX\u2019s president.<\/p>\n
BlackBerry Ltd. (NYSE:<\/a>BB<\/a>) no longer sells the phones that once defined its brand, but its software story is getting harder for investors to ignore.<\/a><\/p>\n The company’s QNX technology now runs quietly inside 275 million vehicles, making BlackBerry far more relevant than many consumers realize, The Wall Street Journal reports<\/a>.<\/p>\n Profitability Turnaround<\/p>\n Last month, BlackBerry posted its fourth straight profitable quarter, marking its first such streak in about a decade. That gives the turnaround story more weight beyond nostalgia for its keyboard-phone era.<\/p>\n The company reported fourth-quarter revenue of $141.7 million, topping guidance. QNX revenue reached $65.8 million, while Secure Communications revenue came in at $67.3 million.<\/p>\n QNX Momentum<\/p>\n CEO John Giamatteo said QNX continues to win business with automakers and suppliers. The company’s royalty backlog grew to about $865 million, signaling stronger future revenue potential.<\/p>\n Hidden Auto Play<\/p>\n QNX powers safety-critical software across automotive, medical, industrial, rail and robotics markets. “On a car, you’ll never see QNX’s logo,” said QNX President John Wall, The Wall Street Journal added. “What you will see is a better experience.”<\/p>\n For fiscal 2026, BlackBerry expects revenue of $504 million to $534 million. It also forecast adjusted EBITDA of $69 million to $84 million and adjusted EPS of 8 cents to 10 cents.<\/p>\n Collaboration With Nvidia<\/p>\n The company recently announced an expansion\u00a0of its collaboration<\/a>\u00a0with Nvidia to enhance safety-critical edge AI systems.<\/p>\n The collaboration focuses on integrating QNX OS for Safety 8.0 with NVIDIA IGX Thor, creating a unified platform for real-time control and AI in regulated environments. This partnership aims to support various applications, including robotics and medical technologies, highlighting BlackBerry\u2019s ongoing commitment to innovation in safety-critical systems.<\/p>\n Technical Analysis<\/p>\n BlackBerry is currently trading within its 52-week range, with a high of $5.79 and a low of $3.12, indicating it is closer to its recent highs. The stock is trading 16.4% above its 20-day simple moving average (SMA) and 40.6% above its 100-day SMA, suggesting strong short-term and intermediate-term bullish trends.<\/p>\n The relative strength index (RSI) is at 71.94, indicating that the stock is in overbought territory, which may suggest a potential pullback or consolidation in the near term. The moving average convergence divergence (MACD) is currently above the signal line, indicating bullish momentum, although traders should remain cautious given the high RSI.<\/p>\n Key Resistance: $5.79 \u2014 This level represents the recent 52-week high where selling pressure may emerge.<\/p>\n Key Support: $5.00 \u2014 This level may act as a psychological barrier for buyers and sellers.<\/p>\n Analyst Outlook<\/p>\n The stock carries a Hold Rating with an\u00a0average price target<\/a>\u00a0of $4.45. Recent analyst moves include:<\/p>\n Canaccord Genuity: Hold (Lowers Target to $4.40) (April 10)<\/p>\n RBC Capital: Sector Perform (Maintains Target to $4.50) (April 10)<\/p>\n Canaccord Genuity: Hold (Maintains Target to $4.60) (Dec. 19, 2025)<\/p>\n Benzinga Edge Rankings<\/p>\n