BlackBerry Ltd is trading at $10.75, up 4.3% in after-hours trading, extending a strong multi-day rally driven by enthusiasm for its QNX automotive software and broader software-focused pivot.
- Recent gains follow a CIBC Capital Markets price-target increase and Outperform rating, which continues to support bullish sentiment around the stock.
- Investors remain focused on the company's growth potential within the automotive sector as it successfully transitions toward a high-growth software business model.