Key facts
- BlackBerry raised its full-year 2027 revenue forecast.
- The new revenue forecast is between $594 million and $621 million.
- The growth is driven by the QNX division.
- BlackBerry's U.S.-listed shares rose approximately eight percent in premarket trading.
BlackBerry has announced an upward revision of its revenue forecast for the full fiscal year 2027. The company now projects its revenue to fall within the range of $594 million to $621 million. This updated outlook is largely fueled by the strong performance and continued growth observed within its QNX division. The QNX software is a critical component in automotive systems, and its increasing adoption across the industry is a key driver for BlackBerry's improved financial projections. The positive news led to a notable increase in BlackBerry's stock value, with its U.S.-listed shares climbing approximately eight percent in premarket trading. This forecast adjustment signals confidence from BlackBerry's management regarding future revenue streams and market position, particularly within the automotive technology sector where QNX plays a vital role.