Nine analysts set a USD 9.86 target for BlackBerry stock

Published on 10/20/2026 at 21:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

QNX revenue reached USD 80.30 million in quarter two. BlackBerry stock costs EUR 7.83 on October 20, 2026, up 8.22 percent versus the Tradegate close.

Analyst consensus and results

MarketBeat reported a nine-brokerage Hold consensus and a USD 9.86 average target on October 20, 2026.
QNX revenue reached USD 80.30 million in the second quarter of fiscal 2027.
BlackBerry stock costs EUR 7.83 at Lang & Schwarz on October 20, 2026 at 9:23 p.m. CEST, 8.22 percent above the Tradegate close of October 19, 2026.
BlackBerry plans to report third-quarter fiscal 2027 results on December 17, 2026.

BB, CA09228F1036, Illustration mit AI erstellt.

BlackBerry (CA09228F1036) has a nine-brokerage Hold consensus and an average 12-month target of USD 9.86, MarketBeat reported on October 20, 2026. The average target stands 11.92 percent above BlackBerry's USD 8.81 NYSE price at 3:28 p.m. ET on October 20, 2026. The stock was trading at EUR 7.83 at Lang & Schwarz on October 20, 2026 at 9:23 p.m. CEST, up 8.22 percent versus the Tradegate close of October 19, 2026 at EUR 7.24.

QNX growth anchors results

BlackBerry's second-quarter fiscal 2027 revenue reached USD 163.30 million for the three months ended August 31, 2026, up 26.00 percent from the prior-year quarter, according to Yahoo Finance. QNX revenue rose 27.00 percent year over year to USD 80.30 million, while adjusted gross margin reached 87.00 percent. The company also reported USD 29.30 million in operating cash flow for the quarter.

What supports the target?

The operating picture is mixed across segments. Secure Communications revenue increased 2.00 percent year over year to USD 60.90 million, but its adjusted gross margin fell 5.00 percentage points to 61.00 percent. Licensing revenue reached USD 22.10 million, up from USD 6.60 million in the prior-year quarter. BlackBerry guided for fiscal 2027 revenue of USD 616.00 million to USD 636.00 million in the September 24, 2026 release.

Price position and valuation

BlackBerry's NYSE price of USD 8.81 on October 20, 2026 was 35.17 percent below the 52-week high of USD 13.59 and 182.37 percent above the low of USD 3.12. MarketBeat listed a price-to-earnings ratio of 68.04 and a market capitalization of USD 4.79 billion in its October 20 report. The latest structured quote put market capitalization at USD 5.2 billion and the price-to-earnings ratio at 69.30.

Valuation and reporting dates

BlackBerry's next scheduled reporting date is December 17, 2026 for third-quarter fiscal 2027 results, according to the company's investor calendar. The third-quarter outlook calls for revenue of USD 143.00 million to USD 154.00 million and adjusted earnings per share of USD 0.04 to USD 0.05.

Comparison with peers

BlackBerry: up 8.22 percent versus the Tradegate close, price-to-earnings ratio 69.30, market capitalization USD 5.2 billion.
Palo Alto Networks (NASDAQ, USD): down 1.76 percent, price-to-earnings ratio 774.09, market capitalization USD 278.8 billion.
CrowdStrike (NASDAQ, USD): down 0.04 percent, price-to-earnings ratio 6,496.82, market capitalization USD 233.5 billion.

BlackBerry stock stays above its German close

The German quote is 8.22 percent above the Tradegate close of October 19, 2026, while the primary-market price remains below its 52-week high. The further course of trading is shown by the continuously updated real-time quote of BlackBerry stock.