BlackBerry Lifts Revenue Forecast on Strong Cybersecurity Demand

BlackBerry raised its fiscal 2026 revenue forecast on Thursday, citing robust demand for its cybersecurity software as businesses step up defenses against rising cyber threats fueled by advances in artificial intelligence.

The Canadian company now expects annual revenue of $519 million to $541 million, up from its previous range of $508 million to $538 million.

BlackBerry reported second-quarter revenue of $129.6 million, topping analysts’ estimates of $122.1 million, according to LSEG data. The company also posted earnings of 2 cents per share, compared with a loss of 3 cents a year earlier.

Enterprises have been investing heavily in cybersecurity software to protect digital infrastructure as hackers exploit new vulnerabilities. This trend has helped BlackBerry’s software business remain resilient even amid a challenging tech spending environment.

Following the announcement, BlackBerry’s U.S.-listed shares rose about 2% in premarket trading.