BlackBerry shares surge 22% after fiscal Q1 beat and raised guidance

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

BlackBerry shares jumped roughly 22% after the company reported fiscal first-quarter revenue of $153 million that exceeded its own guidance, driven by growth in QNX and Secure Communications, and raised its full-year outlook. Adjusted EBITDA more than doubled year over year, and the company generated about $5 million in operating cash flow, marking its first positive fiscal first-quarter operating cash flow in nearly a decade excluding patent sales. Management now expects full-year revenue of $594 million to $621 million and adjusted EBITDA of $119 million to $139 million, with roughly 90% of incremental revenue flowing through to adjusted EBITDA. The company also highlighted an expanding partnership with NVIDIA centered on Physical AI and safety-critical software, and it repurchased 2.6 million shares for approximately $10 million while authorizing up to 27 million additional shares under its buyback program. Despite the strong quarter, risks remain, including long automotive production cycles, geopolitical uncertainties in China, and intense competition from Linux-based and Android Automotive platforms.

Impact on stocks 4

Cybersecurity & Digital Trust▲ · 2 stocks
Information Technology▲ · 1 stocks
BlackBerry Ltd
BB
▲ PositiveCapitalrelevance

Fiscal Q1 revenue beat guidance, adjusted EBITDA more than doubled, raised full-year outlook, and first positive Q1 operating cash flow in nearly a decade.

Robotics & Physical AI▲ · 1 stocks
NVIDIA Corporation
NVDA
▲ PositiveTechnologyrelevance

Expanding partnership with BlackBerry centered on Physical AI and safety-critical software.

Theme Impact 1

Related news

Tigress Financial Raises Intel Price Target to $145 on Terafab Partnership

Tigress Financial reiterated its Buy rating on Intel and raised its price target to $145 from $118 on September 15, citing the company's Terafab partnership with companies associated with Elon Musk, including SpaceX, Tesla, and xAI, as a strategic boost to its AI foundry ambitions. The initiative is part of an ambitious semiconductor manufacturing project focused on producing advanced chips for artificial intelligence, robotics, autonomous vehicles, and other compute-intensive applications. Intel said in its second-quarter earnings report that it remains well positioned to pursue sustainable growth through advanced packaging and its wafer foundry network, pointing to momentum in Physical AI and robotics with more than 130 customers testing its Core Ultra Series 3 and Core Series 3 processors for edge AI and robotics applications. The partnership's commercial terms, production volumes, and potential revenue contribution have not been fully disclosed, and the principal risk is that it could strengthen Intel's strategic position in foundry manufacturing without generating meaningful financial returns for several years. According to the Insider Monkey database, 138 hedge funds held stakes in Intel at the end of the second quarter, up from 112 funds in the first quarter, with SoftBank Group Corp. and Coatue Management among the notable institutional holders at approximately $12.14 billion and $1.68 billion, respectively, while roughly 152.25 million Intel shares were sold short as of August 31, representing about 3.02% of the public float.
INTC ▲
Semiconductors ▲Robotics & Physical AI Artificial Intelligence ▲
Insider Monkey·1hRead more →
▲2

Microchip Technology's memBrain SAGE IP Selected by AnalogAI for Edge AI Processors

Microchip Technology has been selected by AnalogAI to supply its memBrain SAGE neuromorphic hardware IP for use in new edge AI processors. The collaboration centers on compute-in-memory technology targeting training and inference for adaptive robots, drones and vehicles, with AnalogAI planning to integrate memBrain SAGE into real-world, low-power AI systems designed for deployment at the network edge. Microchip Technology is a US-based semiconductor supplier with a roughly $38.5b market cap focused on smart, connected and secure embedded control solutions. The design win supports the edge-computing catalyst in the company's narrative, though analysts flag execution risk from competition, including edge-AI platforms from Nvidia and Qualcomm.
MCHP ▲
Artificial Intelligence ▲Semiconductors Robotics & Physical AI ▲
Simply Wall St·6hRead more →
▲

Citrini Research Finds Humanoid Robots Advancing Without a Single ChatGPT Moment

Humanoid robots are making meaningful progress in autonomy, dexterity and repetitive real-world tasks, but widespread commercial deployment remains a work in progress, according to a report published Wednesday by Citrini Research. After a week meeting robotics labs, engineers and investors across the San Francisco Bay Area, the firm found most humanoid robots remain in development, training and tele-operated demonstrations, with real-world deployments closer to pilots than clear return-on-investment opportunities. The report examined whether robotics is approaching its own ChatGPT moment and highlighted advances from GeneralistAI and Skild AI, along with Figure AI's demonstration involving 250,000 packages, suggesting the field may advance through a mosaic of signals rather than one defining breakthrough. Basic humanoid locomotion is effectively a solved problem while complex dexterity remains more difficult, and simple repetitive tasks are already trainable. Investment in the broader robotics infrastructure is keeping pace: Tesla Inc has been preparing production lines for Optimus, XPeng Inc has launched an automated production line for its IRON humanoid robot, and Figure AI is securing access to up to 100,000 Vera Rubin GPUs from NVIDIA Corp to train the models powering its humanoid robots. The report concluded robotic autonomy is developing along a curve rather than arriving through one decisive breakthrough, with broad generalizability remaining the longer-term goal.
9868.HKNVDATSLA
Robotics & Physical AI Artificial Intelligence ▲
Yahoo Finance·12hRead more →
© 2026 MarketDXNews