RBC Capital on BlackBerry Limited (BB): 'Conservative Guidance Sets A Low Bar'

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RBC Capital analyst Paul Treiber reiterated a Sector Perform rating and $3.75 price target on BlackBerry Limited (NYSE: BB).
The analyst commented: "Conservative guidance sets a low bar; We believe BlackBerry may report Q1 slightly above RBC/ consensus and raise FY26 guidance. The bar is low for the quarter, as BlackBerry provided, in our view, conservative FY26 guidance on "liberation day". Since then the environment has been more stable than generally expected. Maintain Sector Perform, as we expect BlackBerry's valuation to remain discounted pending improved visibility to sustained growth."
For an analyst ratings summary and ratings history on BlackBerry Limited click here. For more ratings news on BlackBerry Limited click here.
Shares of BlackBerry Limited closed at $4.32 yesterday.
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