Movement Alert｜BlackBerry Rises 5.03% in Regular Trading, Raymond James Doubles Target Price to $9.50 Following Earnings Beat

Market Focus06-26

On June 26, BlackBerry rose 5.03% in regular trading, trading at $11.22/share, with turnover of $218 million.

On the news front, Raymond James significantly raised its target price on BlackBerry from $4.75 to $9.50, representing a 100% increase, reflecting a fundamental reassessment of the company's business outlook. The upgrade followed BlackBerry's better-than-expected FY2027 Q1 earnings released earlier the same day. Total revenue reached $152.9 million, up 26% year-over-year and well above the consensus estimate of $138 million. Adjusted EPS came in at $0.04, beating expectations. The core QNX division delivered revenue of $72.3 million, surging nearly 26%. The company also raised its full-year revenue guidance to $594-$621 million and projected adjusted EBITDA of $119-$139 million. Notably, this marked BlackBerry's first positive operating cash flow in a fiscal Q1 in nine years. The combination of a strong earnings beat, raised guidance, and a major institutional target price upgrade collectively boosted market confidence and drove the stock higher during the session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1160965090?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-26 22:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1160965090","market":"hk","top_or_hot":-1,"title":"Movement Alert｜BlackBerry Rises 5.03% in Regular Trading, Raymond James Doubles Target Price to $9.50 Following Earnings Beat","media":"Market Focus","content":"<p><p>On June 26, BlackBerry rose 5.03% in regular trading, trading at $11.22/share, with turnover of $218 million.</p><p>On the news front, Raymond James significantly raised its target price on BlackBerry from $4.75 to $9.50, representing a 100% increase, reflecting a fundamental reassessment of the company's business outlook. The upgrade followed BlackBerry's better-than-expected FY2027 Q1 earnings released earlier the same day. Total revenue reached $152.9 million, up 26% year-over-year and well above the consensus estimate of $138 million. Adjusted EPS came in at $0.04, beating expectations. The core QNX division delivered revenue of $72.3 million, surging nearly 26%. The company also raised its full-year revenue guidance to $594-$621 million and projected adjusted EBITDA of $119-$139 million. Notably, this marked BlackBerry's first positive operating cash flow in a fiscal Q1 in nine years. The combination of a strong earnings beat, raised guidance, and a major institutional target price upgrade collectively boosted market confidence and drove the stock higher during the session.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜BlackBerry Rises 5.03% in Regular Trading, Raymond James Doubles Target Price to $9.50 Following Earnings Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜BlackBerry Rises 5.03% in Regular Trading, Raymond James Doubles Target Price to $9.50 Following Earnings Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-26 22:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 26, BlackBerry rose 5.03% in regular trading, trading at $11.22/share, with turnover of $218 million.</p><p>On the news front, Raymond James significantly raised its target price on BlackBerry from $4.75 to $9.50, representing a 100% increase, reflecting a fundamental reassessment of the company's business outlook. The upgrade followed BlackBerry's better-than-expected FY2027 Q1 earnings released earlier the same day. Total revenue reached $152.9 million, up 26% year-over-year and well above the consensus estimate of $138 million. Adjusted EPS came in at $0.04, beating expectations. The core QNX division delivered revenue of $72.3 million, surging nearly 26%. The company also raised its full-year revenue guidance to $594-$621 million and projected adjusted EBITDA of $119-$139 million. Notably, this marked BlackBerry's first positive operating cash flow in a fiscal Q1 in nine years. The combination of a strong earnings beat, raised guidance, and a major institutional target price upgrade collectively boosted market confidence and drove the stock higher during the session.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BB","symbol_name":"黑莓","start_time":0,"source_url":"","article_id":"1160965090","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1160965090","pubTimestamp":1782484284,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 26, BlackBerry rose 5.03% in regular trading, trading at $11.22/share, with turnover of $218 million.On the news front, Raymond James significantly raised its target price on BlackBerry from...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BB":"黑莓"},"translate_title":"动向提示|黑莓常规交易涨5.03%盈利超预期后Raymond James将目标价翻倍至9.50美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BB":1},"content_text":"On June 26, BlackBerry rose 5.03% in regular trading, trading at $11.22/share, with turnover of $218 million.On the news front, Raymond James significantly raised its target price on BlackBerry from $4.75 to $9.50, representing a 100% increase, reflecting a fundamental reassessment of the company's business outlook. The upgrade followed BlackBerry's better-than-expected FY2027 Q1 earnings released earlier the same day. Total revenue reached $152.9 million, up 26% year-over-year and well above the consensus estimate of $138 million. Adjusted EPS came in at $0.04, beating expectations. The core QNX division delivered revenue of $72.3 million, surging nearly 26%. The company also raised its full-year revenue guidance to $594-$621 million and projected adjusted EBITDA of $119-$139 million. Notably, this marked BlackBerry's first positive operating cash flow in a fiscal Q1 in nine years. The combination of a strong earnings beat, raised guidance, and a major institutional target price upgrade collectively boosted market confidence and drove the stock higher during the session.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1160965090","isCrawlerRequest":true}