Stock Track | BlackBerry Plunges 5.31% Post-Market Despite Raising Revenue Forecast on Cybersecurity Demand

Stock Track

2025/12/19

BlackBerry's stock fell 5.31% in post-market trading, despite the company raising the lower end of its fiscal 2026 revenue forecast. The adjustment reflects strong demand for its cybersecurity software as businesses increase spending to combat sophisticated cyber threats.

The company now expects annual revenue between $531 million and $541 million, up from its prior range of $519 million to $541 million. This revision follows better-than-expected Q3 revenue of $141.8 million, surpassing analysts' estimates of $137.4 million.

BlackBerry's QNX division, which develops embedded software for automotive systems, also reported growth, with revenue rising 10% to $68.7 million in the quarter. Over 275 million vehicles globally now use QNX technology.

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