BlackBerry partners with Malaysian university to develop cyber talent

KUALA LUMPUR - BlackBerry Limited (NYSE:BB)(TSX:BB), whose stock has surged nearly 88% over the past year and maintains a strong current ratio of 2.2, has signed a multi-year education partnership with Universiti Kebangsaan Malaysia (UKM) aimed at developing Malaysia’s next generation of cyber-leaders and embedded software engineers. According to InvestingPro data, BlackBerry’s financial health shows promise, with liquid assets exceeding short-term obligations.

The memorandum of understanding was signed Monday in the presence of Malaysia’s Minister of Higher Education, Dato’ Seri Diraja Dr. Zambry Abdul Kadir, and Canada’s Minister of International Trade, Maninder Sidhu, on the sidelines of the 47th ASEAN Summit.

The collaboration establishes a framework for advancing academic excellence, workforce readiness, and research leadership through industry-relevant cybersecurity training, internships, research grants, and globally recognized certifications for UKM students and faculty.

"Developing a digitally skilled workforce is critical not only for national security, but for sustainable economic growth," said John Giamatteo, Chief Executive Officer of BlackBerry, according to the press release. With a market capitalization of $2.8 billion and analysts expecting profitability this year, BlackBerry’s strategic initiatives align with its financial trajectory. For deeper insights into BlackBerry’s valuation and growth potential, InvestingPro subscribers have access to over 13 additional key metrics and expert analysis.

UKM students and educators will gain access to BlackBerry’s global QNX Everywhere program, which offers curriculum development and training in the QNX Software Development Platform, along with certifications and free non-commercial QNX licenses.

The partnership will also launch the Trustworthy Professionals program in collaboration with Malaysia’s National Cyber Security Agency (NACSA), providing cybersecurity training for up to 50 young people from disadvantaged backgrounds.

The initiative aligns with Malaysia’s goals to advance digital talent, industry competitiveness, and regional cyber resilience in ASEAN, according to the announcement.

The collaboration will focus on developing curriculum aligned to industry needs, advancing research capabilities in embedded systems and cybersecurity, and fostering professional growth in technology among students and faculty. Operating with a moderate debt level and maintaining a gross profit margin of 75%, BlackBerry demonstrates financial discipline while investing in future growth. Discover more about BlackBerry’s financial outlook and industry position in the comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, BlackBerry Limited reported its second-quarter earnings for fiscal 2026, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.04, significantly higher than the forecasted $0.01. Revenue also exceeded projections, reaching $129.6 million compared to the expected $120.06 million. Following these results, RBC Capital raised its price target for BlackBerry from $4.00 to $4.50, maintaining a Sector Perform rating. This adjustment was influenced by BlackBerry’s performance and the subsequent increase in its fiscal year 2026 guidance. Additionally, TD Cowen resumed coverage of BlackBerry with a Hold rating and set a price target of $5.00. The firm highlighted BlackBerry’s new company profile, which is anticipated to drive growth and expand profit margins in the future. These developments reflect a cautiously optimistic outlook from analysts on BlackBerry’s recent performance.

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