Why BlackBerry Stock Crashed This Week
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Shares of BlackBerry (BB) plummeted 24.2% this week, with a peak decline of 28.6%. This drop coincided with an 8.8% loss in the S&P 500. Despite a positive quarterly performance, BlackBerry's revenue outlook disappointed analysts, projecting 2026 revenue of $504 million to $534 million, below the expected $567.3 million. Concerns arose over the Secure Communications unit's forecast, which is expected to generate $230 million to $240 million, down from $272.6 million last year. The weak guidance comes amid fears of a recession due to new tariffs imposed by President Trump.
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