A $51 million non-GAAP benefit from Israel's new R&D incentive law drove most of the profit improvement, and the cash does not arrive until 2028. Revenue topped expectations but still slipped from a year earlier on a heavier China export mix.
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MBLY Coverage
BlackBerry Rises 5% as CEO Pitches QNX for Robots and Physical AI; Mobileye and Aptiv Edge Higher
A chief executive pitching QNX as the operating system for robots as well as cars has BlackBerry Limited (NYSE:BB) shares moving sharply higher. BlackBerry stock is at $9.63, up 5% in afternoon…
Mobileye Sinks 5% While BlackBerry Rises 3%: Is Wall Street Choosing Car Software Over Chips?
Mobileye Global (NASDAQ:MBLY | MBLY Price Prediction) and BlackBerry Limited (NYSE:BB) both sell technology that goes inside the car, yet the two stocks are heading in opposite directions. Shares of Mobileye are…
BlackBerry Jumps 6% as Record QNX Backlog Extends Rally, Now Up 149% YTD; Mobileye Drops 4%, Aptiv Dips
A record royalty backlog at the QNX software unit is pulling BlackBerry Limited (NYSE:BB) away from the rest of the vehicle technology group, and the gap is widening as automotive hardware names…
BlackBerry Climbs 6% as QNX Royalty Backlog Tops $1.2B; Aptiv Edges Higher, Mobileye Global Holds Steady
A record royalty backlog at QNX, the embedded software business that supplies operating systems to automakers, is driving the biggest move among auto-tech names. BlackBerry Limited (NYSE:BB) shares are up 6% to…
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Ally Financial, BankUnited, Ciena Corporation, CoreWeave, Dow, FormFactor, Lumentum Holdings, Moderna, Target, and More
Rising Treasury yields are rattling markets heading into the final trading day of Q3, and Wall Street analysts are making bold moves on a wide range of stocks from big-box retail to…
BlackBerry Jumps 4% as Record QNX Revenue Lifts Full-Year Outlook; Mobileye and Aptiv Dip
Two automotive technology names beside the company drift lower. Record QNX revenue and a raised full-year outlook are lifting BlackBerry Limited (NYSE:BB) sharply higher. BlackBerry stock is up 4% to $8.56 in…
BlackBerry Drops 7% as Post-Earnings Rally Unwinds Despite Record QNX Quarter; MobilEye Adds 2%
Profit-taking is overshadowing a strong earnings report at BlackBerry (NYSE:BB), where a record quarter from the QNX automotive software unit triggered a rally that is fading. BlackBerry stock trades at $8.14 this…
BlackBerry Falls 2% Despite Record QNX Quarter and Raised Full-Year Outlook; Mobileye Holds Steady
BlackBerry Limited (NYSE:BB) stock is falling Thursday despite the company reporting quarterly results that beat expectations, posting record QNX performance and raising its full-year outlook. BlackBerry stock is down 2% to $8.23, while…
BlackBerry Jumps 7% as Coretura Selects QNX-Based Alloy Kore for Truck Platform; Aptiv Edges Higher, Mobileye Barely Budges
BlackBerry Limited (NYSE:BB) is the loudest name in early Tuesday trading, gapping higher after Vector and QNX, a division of BlackBerry, announced that Coretura selected Alloy Kore as the safety-certified foundation inside…
BlackBerry Climbs 5% on Cramer Buy Call Ahead of Earnings; Aptiv Inches Higher, Mobileye Sits Tight
Ahead of a scheduled quarterly report, BlackBerry stock is running on a fresh television endorsement that pointed traders back to the software story. BlackBerry Limited (NYSE:BB) shares are up 5% to $8.40…
BlackBerry Climbs 6%, Mobileye Rises 5%: Is the Software-Defined Vehicle Trade Waking Up?
Two software-defined vehicle (SDV) names are moving on their own this morning while the category around them isn’t. BlackBerry Limited (NYSE:BB) and Mobileye (NASDAQ:MBLY | MBLY Price Prediction) are climbing sharply in…
Why the driverless company Intel controls just bet on a Florida shuttle startup
Mobileye is losing money, trading below book value, and largely absent from Intel's investor pitch, yet it just led a venture round for a Florida shuttle startup with ambitions far beyond Orlando.…
Intel Owns Just 2 Stocks Worth $620 Million: Here’s What That Concentrated Bet Reveals
Intel sits on roughly $30 billion in cash, yet its entire disclosed stock portfolio fits inside just two struggling companies tied to autonomous flight and self-driving cars. The reasoning behind that concentrated…
Here Are Monday’s Top Wall Street Analyst Research Calls: Apple, Dave, Etsy, Federal Signal, Mobileye Global, Netskope, Okta, Shopify, Workday, and More
Wall Street kicked off the week with a flurry of bold calls on some of the market's most closely watched names, and at least one stock just scored a target price hike…
Wall Street Just Supersized Its Price Target on Intel. Is the Stock Still Too Cheap?
Intel (NASDAQ:INTC | INTC Price Prediction) stock is trading at $130.60 midday Monday, up 2% on the session. The move follows a major price-target hike from Cantor Fitzgerald, which raised its target…