Blackberry Powering Physical AI. Secure Comms Back in Growth.BUYBlackBerry LimitedBATS:BBConnectmyCurrencyMost people still think of BlackBerry as a phone company. π± That story ended years ago. BlackBerry is now a pure software business operating across two high value divisions QNX and Secure Communications and both are accelerating at the same time. π₯ The weekly chart has pulled back into two clean demand zones. This is the entry. π Q4 FY2026 results beat across every metric. π Revenue hit $156 million, up 10% year over year, beating the consensus estimate of $144.6 million. π° Adjusted EPS came in at $0.06 against an expected $0.04. Adjusted EBITDA surged 71% year over year to $36.1 million. π€― Adjusted gross margin expanded by approximately 5 percentage points to 78.2%. Operating cash flow hit $45.6 million, up 9% year over year. πͺ This was the eighth consecutive quarter of improvement in GAAP net income. β QNX is the engine of the entire thesis. π QNX posted record quarterly revenue of $78.7 million, up 20% year over year, with a royalty backlog of $950 million providing clear visibility into future high margin revenue. π― Design wins with Mercedes-Benz, BMW and Volvo underpin that backlog. QNX is now running on Nvidia and Intel hardware as the safe deterministic backbone for Physical AI, robotics, factory automation and smart manufacturing. π€ The addressable market has expanded far beyond automotive. β‘ Secure Communications is back in growth mode too. π BlackBerry's AtHoc platform achieved FedRAMP Class D High re-certification in 2026, making it the only critical event management cloud platform at the US government's highest security level. πΊπΈ As defence and federal budgets for mission critical communications grow, BB is positioned to capture long duration sticky contracts. πΌ FY2027 guidance calls for revenue of $584 million to $611 million, with QNX revenue of $290 million to $307 million and approximately $100 million in operating cash flow, double the $50.3 million generated in FY2026. π CIBC Capital Markets raised its price target from $6 to $8.50 with an Outperform rating on 22 May 2026. π BlackBerry ended fiscal 2026 with $432.4 million in cash. The 52 week high is $8.60. Next earnings are due 25 June 2026. π The weekly chart has pulled back from the 52 week high and printed two clean demand zones with Fibonacci confluence. β Two entries. Two defined risk levels. One directional thesis. π π’ Zone 1 (Upper Entry) ~ $7.07 area (0.618 Fibonacci Weekly) π° Entry: $7.07 π Stop: $6.67 (5.658% below entry) π― Target: $12.56 (77.7% upside from entry) π Risk/Reward Ratio: 13.72 π’ Zone 2 (Lower Entry) ~ $6.04 area (0.382 Fibonacci Weekly) π° Entry: $6.04 π Stop: $5.64 (6.623% below entry) π― Target: $12.56 (107.9% upside from entry) π Risk/Reward Ratio: 16.30 π Next Earnings: 25 June 2026 π΅ Cash: $432.4 million π― CIBC Price Target: $8.50 Outperform π 52 Week High: $8.60 QNX powering Physical AI. π€ Secure Comms certified at the highest US government level. πΊπΈ Two weekly zones. Let price come to the level and let the trade do the work. π β οΈ Not financial advice. Manage your risk.