BlackBerry stock: Stifel keeps a Buy rating and sets USD 13.00 target for BlackBerry stock

Published on 10/22/2026 at 23:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 26.00 percent to USD 163.30 million. BlackBerry stock costs EUR 7.64 on October 22, 2026, down 2.80 percent versus Tradegate close.

Analyst target and reporting date

Stifel kept a Buy rating and set a USD 13.00 target on October 21, 2026.
Fiscal second-quarter revenue reached USD 163.30 million, up 26.00 percent year over year on September 24, 2026.
BlackBerry stock costs EUR 7.64 at Lang & Schwarz on October 22, 2026 at 11:00 p.m. CEST, 2.80 percent below the Tradegate close of October 21, 2026 at EUR 7.86.
BlackBerry plans to report fiscal third-quarter results on December 17, 2026.

BB, CA09228F1036, Illustration mit AI erstellt.

BlackBerry (CA09228F1036) has a fresh USD 13.00 analyst target from Stifel Nicolaus, while its stock was trading at EUR 7.64 at Lang & Schwarz on October 22, 2026 at 11:00 p.m. CEST, down 2.80 percent versus the Tradegate close of October 21, 2026 at EUR 7.86. Stifel analyst Suthan Sukumar reiterated a Buy rating and set the target on October 21, 2026, as reported by Markets Insider. The target is 51.34 percent above BlackBerry's USD 8.59 last price on the NYSE at 4:00 p.m. ET on October 22, 2026.

Revenue reached USD 163.30 million

BlackBerry's fiscal second-quarter revenue rose 26.00 percent year over year to USD 163.30 million for the three months ended August 31, 2026. The company also reported GAAP net income of USD 33.90 million and adjusted EBITDA of USD 47.00 million, up 81.00 percent year over year, according to Yahoo Finance on September 24, 2026.

QNX generated USD 80.30 million in fiscal second-quarter revenue, up 27.00 percent year over year. Secure Communications revenue increased 2.00 percent to USD 60.90 million, showing that the QNX expansion supplied most of the reported growth while the security unit advanced more slowly.

Price position after the target

The NYSE quote stood at USD 8.59 on October 22, 2026 at 4:00 p.m. ET, compared with a 52-week range of USD 3.12 to USD 13.59. BlackBerry's market capitalization was USD 5.0 billion, and trading volume reached 12,410,350 shares on the same date. The euro quotation remained 43.65 percent below the 52-week high of EUR 13.59 only if both values were in euros, so that comparison is not used here.

Reporting date and valuation

BlackBerry's investor calendar lists December 17, 2026 as the planned date for fiscal third-quarter results. The company reported USD 163.30 million of revenue in fiscal second quarter, compared with USD 129.60 million a year earlier, and fiscal 2027 revenue guidance stands at USD 616.00 million to USD 636.00 million, according to the BlackBerry investor page.

What does the target imply?

The USD 13.00 target places the analyst view above the latest NYSE price, but the current euro quotation is being assessed against the separate Tradegate close. For investors, the next dated test is the December 17, 2026 results release, when revenue execution and QNX conversion will be measured against the existing guidance range.

BlackBerry stock and the next date

BlackBerry operates in technology and software infrastructure, serving enterprises, governments and automakers through secure communications and QNX embedded software. The company is listed on the NYSE and TSX, and its latest fiscal report showed positive GAAP net income for the sixth consecutive quarter.

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