BlackBerry stock fell 8.46 percent on October 7. Analysts stay Hold

Published on 10/08/2026 at 07:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BlackBerry stock posted USD 163 million in fiscal Q2 2027 revenue on September 24, 2026, up 26 percent year over year. The October 7 quote was USD 8.77, while nine analysts held a Hold consensus at USD 9.86.

BB, CA09228F1036, Illustration mit AI erstellt.

BlackBerry stock (ISIN CA09228F1036) was last at USD 8.77 on October 7, 2026 at 4:00 p.m. ET, down 8.46 percent from the prior close. The immediate investor reference is a Hold consensus from nine analysts, as MarketBeat reported on October 6, 2026.

Revenue growth resets the baseline

For fiscal Q2 2027, ended August 31, 2026, BlackBerry reported USD 163 million in revenue, 26 percent higher than in the year-ago quarter. The company also generated USD 29 million in operating cash flow, according to the company release carried by Newswire.

The same release said adjusted EBITDA rose 81 percent year over year and GAAP operating income increased 192 percent. Those figures give the recent price move a measurable operating backdrop, although the share price remains 35.5 percent below its 52-week high of USD 13.59.

Analysts see limited near-term upside

The consensus is Hold among nine analysts, with two Buy ratings and seven Hold ratings, according to MarketBeat. Its average price target of USD 9.86 lies 12.4 percent above the October 7 price of USD 8.77.

The rating mix is less constructive than the latest operating figures. BlackBerry's reported adjusted EPS was USD 0.07 against a USD 0.04 consensus estimate, while revenue of USD 163 million exceeded the USD 145.53 million estimate cited in the fiscal Q2 results data.

BlackBerry stock stays below its yearly high

BlackBerry's October 7 price of USD 8.77 came with volume of 19,429,693 shares and a market capitalization of USD 5.1 billion. The 52-week range of USD 3.12 to USD 13.59 places the stock 181.1 percent above its low and 35.5 percent below its high.