BlackBerry's turnaround is real, but the stock already prices in a lot of execution that hasn't shown up in the numbers. QNX revenue rose 20% to a record $78.7 million, its royalty backlog hit $950 million, and a deeper Nvidia deal takes QNX into robotics, medical and industrial systems. But after a roughly 140% gain it trades above 100x earnings, most analysts rate it Hold with targets about 50% below the price, and growth still leans on autos, exposed to tariffs and slower car production. … Show more

Apple costs 35 times earnings and 10 times sales, multiples whose arithmetic buyers should question. x.com 

BlackBerry's substantial lead over prospective entrants in its niche leaves no reason for its shares to trade below $25, a somewhat conservative minimum. x.com 

Apple's price tag isn't justified by its earnings growth or its lack of innovation. Analysts expect $153B of net income by 2028 versus $104B in 2024, roughly a 10% CAGR, so good returns need the elevated multiple to hold or rise toward 50x. Apple hasn't innovated since AirPods, Siri fumbled its door to AI, and its dominance rests on no one wanting to compete while consumer tastes shift fast, as BlackBerry showed. The stock isn't expected to crash, but likely won't rise over the next five years. … Show more

Software stocks trade at their lowest forward P/E ever, so every software company showing improving, let alone accelerating, earnings should fly. x.com 

BlackBerry's $1.2B QNX backlog looks substantial against its $5B market cap. Quarter-over-quarter earnings growth, positive EBITDA and its Nvidia physical-AI and robotics RTOS partnership underpin the bullish case. x.com  x.com 

Adobe looks cheap only if stock-based compensation is ignored: its 7x 2026 P/E becomes 11x including SBC, as Intuit goes from 9x to 14x and Salesforce from 10x to 19x. Blindly ignoring those real economic costs to shareholders is partly why software was in a bubble. x.com 

BlackBerry's earnings beat could carry the stock through the descending trendline that has stopped every rally. EPS of $0.06 beat the $0.04 estimate and doubled year over year, and revenue of $156 million beat $144.55 million, up 10%. Resistance sits at $4.00-4.15; a break opens the way to $4.39 at the 200 EMA, with support at $3.79. x.com 

BlackBerry's QNX royalty backlog above $1.2B gives greater visibility into future high-margin software revenue. It rose 26% in two quarters, reflecting demand in software-defined vehicles and potential for more royalties per vehicle, with opportunities in autonomous systems and robotics. The backlog is not guaranteed revenue. x.com 

BlackBerry's re-rating case is getting more tangible after a print that delivered the evidence it needed. QNX revenue rose 27%, it landed its largest-ever design win, and operating cash-flow guidance went up. It wasn't perfect, since Secure Communications still needs work, but the long stance holds. x.com