BlackBerry Faces Stock Decline Following Weak Revenue Forecasts for Fiscal 2026

The company predicts lower revenues for its Secure Communications and QNX units, despite cost reductions and divestitures aimed at financial stability.

BlackBerry has forecasted fiscal 2026 revenue between $504 million and $534 million, below both fiscal 2025 results and analysts' expectations of $567.3 million.
The Secure Communications unit is expected to see a significant revenue decline to $230-$240 million, down from $272.6 million in fiscal 2025.
The QNX unit's revenue forecast has been revised downward to $250-$270 million, reflecting slower-than-expected growth in non-automotive markets.
BlackBerry completed the $160 million sale of its Cylance cybersecurity business to Arctic Wolf, aligning with its strategy to focus on high-growth areas like QNX and IoT.
Following the revenue guidance announcement, BlackBerry's stock dropped nearly 11%, reflecting investor concerns over its financial outlook.