BlackBerry's stock jumped 6% following the announcement of a record $1.2 billion royalty backlog at its QNX software division, driving its shares up 149% year to date. The backlog reflects growing adoption of QNX's automotive operating system and new wins in robotics, industrial automation, and medical devices, positioning QNX as BlackBerry's main growth engine. In contrast, competitors Mobileye and Aptiv saw their shares decline due to their heavier reliance on hardware rather than software royalties. The key upcoming test for BlackBerry will be converting this backlog into actual royalty revenue as vehicle programs enter production, which will be revealed in future quarterly reports.
Following BlackBerry's announcement of a record QNX backlog, its shares on Pluang surged 6.14% to USD 9.41 as of Oct 22, 2026 01:21 WIB, with a market cap of $5.18 billion. Meanwhile, Mobileye shares dropped 4.66% to USD 6.96, and Aptiv dipped 0.71% to USD 44.74, reflecting differing investor sentiment in the automotive tech sector. BlackBerry's typical hold time on Pluang is 51 days, compared to Mobileye's 16 days, indicating longer-term interest in BlackBerry despite the recent rally.
BlackBerry Limited is successfully turning around its business, led by a 26% year-over-year revenue increase to $163.3 million in Q2, primarily driven by its QNX segment which grew 27%. The company achieved a record number of design wins, indicating ...
BlackBerry's QNX division reported a record royalty backlog exceeding $1.2 billion, driven by its largest-ever design win with Alloy Kore, a core automotive operating system. This backlog reflects strong demand across automotive and other embedded ma...
