BlackBerry shares rose 18% during midday trading, leading a rotation into automotive AI software companies. Mobileye gained 4% and Aurora Innovation rose 2%, while NVIDIA fell 1%. Year to date, BlackBerry increased 107% and Aurora climbed 90%, while Mobileye declined 2.5% and NVIDIA rose 16%. The move centers on BlackBerry’s QNX embedded operating system for software-defined vehicles. In its Q4 FY2026 results, revenue rose to $156 million and QNX revenue reached a record $78.7 million, up 20% year over year. QNX is embedded in more than 275 million vehicles, with royalty backlog near $950 million and new design wins at BMW Group and Volvo Cars. Mobileye reported Q1 2026 revenue of $558 million, up 27% year over year, and raised FY26 revenue guidance to $1.94 billion to $2.02 billion.
"Shares of BlackBerry ( NYSE:BB) are up 18% in midday trading Friday, leading a sharp rotation into automotive AI software names. Mobileye ( NASDAQ:MBLY | MBLY Price Prediction) stock is higher by 4%, Aurora Innovation ( NASDAQ:AUR) stock is climbing 2%, and NVIDIA ( NASDAQ:NVDA) is down 1%."
"BlackBerry's Q4 FY2026 report on April 9 delivered revenue of $156 million, up 8% year-over-year (YoY). The QNX segment posted record revenue of $78.7 million, up 20% YoY. Moreover, BlackBerry's adjusted EPS came in at $0.06 versus the $0.04 estimate. QNX is now embedded in more than 275 million vehicles, with royalty backlog near $950 million and fresh design wins at BMW Group and Volvo Cars."
"QNX is now a Rule of 40 business, and a clear leader in automotive."
"Mobileye's Q1 2026 report on April 23 showed revenue of $558 million, up 27% YoY, with EyeQ system-on-chip shipments rising 28% to 10.8 million units. The company raised its FY26 revenue guidance to $1.94 billion to $2.02 billion. Still, Mobileye shares remain the year-to-date laggard of the group, down 2.5%."
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