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BlackBerry shares jump nearly 6% on strong growth in automotive software division QNX.

Market News
04 May 2026
Proactive Investors
Bullish
pluang ai news

BlackBerry shares rose almost 6% to their highest level in over a year after a Wall Street Journal report highlighted strong momentum in its QNX automotive software business. QNX develops software for driver-assistance and vehicle technologies and is expanding into medical and industrial applications. The division generated $268 million in fiscal 2026, nearly half of BlackBerry's revenue, with QNX deployed in over 275 million vehicles worldwide. This growth supports BlackBerry's shift from smartphones to embedded software, boosting investor confidence in its turnaround strategy.

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