BlackBerry Limited BB has renewed and expanded its long-standing secure communications partnership with the Government of Canada, reinforcing its role as a trusted provider of sovereign security solutions. Under the renewed multi-year agreement signed with Shared Services Canada, the government will continue using BlackBerry UEM while significantly increasing the deployment of BlackBerry SecuSUITE to support mission-critical communications across federal departments and agencies. The deal highlights Canada’s continued trust in BlackBerry as a national partner and underscores its commitment to domestically built technologies that safeguard national security while enabling global export of trusted solutions.
The expanded deployment will see BlackBerry SecuSUITE play a broader role in delivering interception-resistant, government-grade secure voice and messaging services for senior leaders, defense personnel, national security officials and public safety organizations operating in sensitive and high-risk environments. Purpose-built for government use, the platform ensures end-to-end secure communications designed to function in contested settings without relying on consumer messaging applications.
The agreement also aligns with Canada’s broader objective to enhance domestic defense and security capabilities by investing in Canadian-built technologies that protect critical government functions and support export readiness.
With its secure communications solutions trusted by NATO, all G7 governments, most G20 members, and several of the world’s largest banks, BlackBerry continues to play a vital role in protecting national security and maintaining public trust worldwide.
BlackBerry Limited Price and Consensus
BlackBerry Limited price-consensus-chart | BlackBerry Limited Quote
Management highlighted that the agreement reflects BlackBerry’s decades-long experience supporting governments and allies, while strengthening sovereign capabilities and protecting sensitive operations.
The Secure Communications business remains strong, with revenues reaching $67 million in third-quarter fiscal 2026, above guidance. Results were driven by stronger-than-expected UEM renewals and effective navigation of the shutdown, with UEM accounting for just over half of segment revenue, while Secusmart and AtHoc made up the balance. Secusmart grew sequentially, while AtHoc delivered both sequential and annual growth despite its higher exposure to the shutdown. After offloading Cylance, the company is placing greater emphasis on Secure Communications, supported by a stronger financial position.
For the third straight quarter, the company raised its full-year Secure Communications revenue outlook, lifting the range to $247 million–$251 million, with last quarter’s high end now the new low end. For fiscal 2026, the company has lifted the midpoint of its total revenue outlook by $6 million to a new range of $531 million–$541 million.
BB’s Zacks Rank & Stock Price Performance
BB currently has a Zacks Rank #3 (Hold). Shares of the company have decreased 31.8% in the past six months compared with the Zacks Internet - Software industry’s decline of 27%.
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Key Picks From the Computer and Technology Space
Some better-ranked stocks from the broader technology space are Guidewire Software, Inc. GWRE, Magnite, Inc. MGNI and PubMatic, Inc. PUBM. GWRE sports a Zacks Rank of 1 (Strong Buy), while MGNI & PUBM carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Guidewire’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while in line in one, with the average surprise being 44.68%. In the last reported quarter, GWRE delivered an earnings surprise of 51.95%. Its shares have lost 22.3% in the past year.
Magnite’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while missing in one and in line in one, with the average surprise being 28.7%. the company has long-term growth rate of 27.4%. Its shares have gained 3.2% in the past six months.
PubMatic’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 162.81%. In the last reported quarter, PUBM delivered an earnings surprise of 81.25%. Its shares have decreased 13.1% in the past year.
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This article originally published on Zacks Investment Research (zacks.com).