BlackBerry stays a 'buy' despite downtrend, boosted by QNX automotive growth ahead of Q4 earnings.

BlackBerry's stock has been declining but retains a 'buy' rating as it approaches its Q4 earnings report. The company's QNX segment is gaining traction in the automotive market, with notable adoption by BMW and rapid design wins for its GEM platform, driving future growth prospects. QNX recently posted record quarterly revenue of $68.7 million, while its Secure Communications segment delivered $67 million with a strong 72% adjusted gross margin. Investors should watch for risks in the automotive sector and global recession threats, but BlackBerry is expected to meet its Q4 expectations.