Canaccord cuts BlackBerry stock target to USD 9.50

Published on 10/15/2026 at 18:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter results are planned for December 17, 2026. BlackBerry stock costs EUR 7.54 on October 15, 2026, up 2.79 percent on the NYSE.

Analyst view and dates

Canaccord lowered its BlackBerry target from USD 10.30 to USD 9.50 in the October 10, 2026 report.
BlackBerry plans to report fiscal third-quarter results on December 17, 2026.
BlackBerry stock costs EUR 7.54 at Lang & Schwarz on October 15, 2026 at 6:29 p.m. CEST, up 2.79 percent on the NYSE.
BlackBerry had a USD 5.0 billion market capitalization and a 66.47 price-to-earnings ratio on October 15, 2026.

BB, CA09228F1036, Illustration mit AI erstellt.

BlackBerry (ISIN CA09228F1036) faces a lower Canaccord target of USD 9.50, down from USD 10.30, in the analyst review reported by Yahoo Finance on October 10, 2026. Against the NYSE quote of USD 8.46 on October 15, 2026, the revised target is 12.29 percent higher. BlackBerry's euro quote stood at EUR 7.54 at Lang & Schwarz on October 15, 2026 at 6:29 p.m. CEST, while the NYSE share price was up 2.79 percent on the day.

Canaccord target sits 12.29 percent higher

The target cut puts valuation and execution on the same page. Yahoo Finance reported that Canaccord kept a Hold rating and cited continued weakness in Secure Communications, even as QNX remained the main growth argument. The target comparison uses the USD 8.46 NYSE quote and keeps the analyst view separate from the euro quotation.

BlackBerry stays below its yearly high

The NYSE quote of USD 8.46 was 37.75 percent below the 52-week high of USD 13.59 and 171.15 percent above the 52-week low of USD 3.12 on October 15, 2026. Trading volume reached 7,302,891 shares, against an average of 14,387,725 shares. The euro quotation therefore provides a German trading perspective, while the home-market figures define the range and daily move.

Valuation and the next reporting date

BlackBerry carried a market capitalization of USD 5.0 billion and a price-to-earnings ratio of 66.47 on October 15, 2026. The company lists fiscal third-quarter results for December 17, 2026 on its investor-relations page, which also identifies BlackBerry as listed on the NYSE and Toronto Stock Exchange. The date is planned rather than a released earnings result.

Comparison with peers

BlackBerry (NYSE, USD): plus 2.79 percent, P/E 66.47, market capitalization USD 5.0 billion.

CrowdStrike (Nasdaq, USD): minus 2.43 percent, P/E 6,931.77, market capitalization USD 249.0 billion.

Palo Alto Networks (Nasdaq, USD): minus 1.40 percent, P/E 840.16, market capitalization USD 302.5 billion.

Euro quote after the Xetra session

At 6:29 p.m. CEST, the Lang & Schwarz quotation was EUR 7.54 on October 15, 2026. The price was up 2.79 percent on the NYSE on the same date, while the home-market quote remained below its 52-week high.

The further course of trading is shown by the continuously updated real-time quote of BlackBerry stock.