BlackBerry's QNX, Secure Comms Growth Weighed Down By Tariff Uncertainties, Government Election Shifts: Analyst
1. RBC analyst lowered BlackBerry's price target from $4 to $3.75. 2. BlackBerry's Q4 revenue of $142 million exceeded expectations but showed a 7% decline. 3. Fiscal 2026 guidance for revenue and EBITDA was set below consensus estimates. 4. QNX revenue outlook lowered; backlog growth decelerated significantly year-over-year. 5. Guidance reflects lower Secure Comms revenue with implications for future earnings.