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BlackBerry stock (BB) is continuing its powerful rally, with the stock eyeing a ninth straight session of gains after reaching a 52-week high on Friday as investors cheer the company’s transformation into a software and cybersecurity player.
The rally reflects a change in how investors view the company, as it moves away from smartphones and focuses on AI technology and secure business software.
The company’s QNX unit continues to be a key growth engine, generating strong licensing revenue as its software becomes embedded in connected vehicles and industrial systems. BlackBerry has also reported a large backlog of $950 million in royalty-based contracts as of the end of the fourth quarter (Q4), supporting long-term visibility.
In addition, its cybersecurity division is seeing increased demand from government and enterprise customers seeking secure communication tools, particularly as concerns rise around data sovereignty and digital infrastructure security.
BlackBerry stock traded over 1% higher in Monday’s premarket.
On Friday, BlackBerry unveiled a renewed share repurchase initiative after securing approval from the Toronto Stock Exchange, signaling confidence in its capital plan.
The company’s latest normal course issuer bid (NCIB) authorizes the repurchase of up to over 26 million shares, equal to roughly 4.58% of its public float as of April 30, the program will begin on May 12 and will run for one year unless completed earlier or terminated by the company.
BlackBerry noted that it has strengthened its financial position in fiscal 2026 and anticipates generating positive operating cash flow in fiscal 2027.
BlackBerry’s QNX OS for Safety 8.0 is being integrated with Nvidia’s IGX Thor platform and its safety software stack. The combined system is designed to support demanding applications such as autonomous robotics, medical technology, and industrial automation, where reliability and real-time processing are critical.
In the automotive sector, Leapmotor has adopted BlackBerry technology for its upcoming D19 premium SUV. The vehicle will rely on QNX as its foundational operating system.
On Stocktwits, retail sentiment around the stock remained in ‘extremely bullish’ territory.

A user said, “Let's get back to 2021 highs, $10.00 minimum, QNX integration, beyond automotive, 5-7 banger in 5-10 years if model, adoption, and execution go to plan.”
Another user said, “I would like to close this coming week above $6. anything higher would be bery very bullish!”
A user remarked, “four straight quarters of profit!! And ppl calling this a meme?!?!!.”
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