- Traders: BlackBerry (BB) outlook tied to rising QNX backlog, expanded pipeline and potential design wins for Alloy Kore and embedded management; analysts link these drivers to higher QNX valuation.
- BlackBerry CEO says embedded software demand is expanding beyond auto into robotics, AI, factory automation and medical tech; cites partnerships with NVIDIA, ARM and Qualcomm as strategic partners.
- Canaccord Genuity maintained its Hold rating on BlackBerry (BB) and raised its price target to $10.30 per share from $8.20, with the update reported at 15:13 GMT.
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Key facts: QNX backlog lifts BB; CEO flags non-auto demand; PT $10.30, Hold
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Traders: BlackBerry (BB) outlook tied to rising QNX backlog, expanded pipeline and potential design wins for Alloy Kore and embedded management; analysts link these drivers to high