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BlackBerry completes turnaround, targets $300M QNX revenue by 2027 amid strong growth and profitability.

Market News
09 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

BlackBerry has successfully completed its business turnaround and is now focused on growing its QNX software platform, targeting $300 million in revenue by fiscal year 2027 with a 15% growth rate. The company is expanding into automotive, robotics, and medical sectors, showing improving profitability with a net profit of $24.3 million and a strong balance sheet. Despite a 180% stock rally, BlackBerry trades at high valuation multiples, reflecting investor confidence in its long-term growth potential.

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