Meridian Contrarian Fund, managed by ArrowMark Partners, stated in its Q2 2026 investor letter that BlackBerry Limited (NYSE:BB) is a leader in embedded software, with its flagship QNX product having broad adoption across the automotive, industrial, and medical device industries. The fund believes QNX is a significantly underappreciated asset with compelling growth potential tied to the rising software complexity of modern vehicles and connected devices, as well as secular tailwinds in physical AI and robotics. BlackBerry shares have risen 98.45% over the past year, closing at $7.70 on September 3, 2026.