- BlackBerry (BB) is trading 3.2% up at $9.10 in pre-market after Stifel Canada initiated coverage with a 'Buy' rating and a $12.00 price target.
- The upgrade highlights BB's shift to a mission-critical software layer in the physical AI stack, extending beyond its traditional auto-supplier role.
- Investors are also positioning ahead of the company's fiscal Q1 2027 results, scheduled for June 25, with analysts forecasting revenue of $137.91 million and an EPS of $0.03.