BlackBerry Limited (BB) Up More Than 237% Over the Past 6 Months, Here’s What You Should Know

BlackBerry Limited (NYSE:BB) is one of the Best Performing AI Stocks to Buy. The stock has gained more than 237% over the past 6 months. The most recent surge came after the company reported strong fiscal Q1 2027 earnings on June 25.

​During the quarter, BlackBerry Limited (NYSE:BB) posted $152.9 million in revenue and topped the expectations of $137.75 million. The EPS of $0.04 also topped the consensus of $0.03. Notably, the core segments hit the Rule of 40 during the quarter as QNX and Secure Communications grew 26% and 24%, respectively. Moreover, the company also achieved a critical financial milestone by generating $4.6 million in operating cash flow, marking its first cash-positive fiscal first quarter in nine years, excluding non-core patent sales.

​Following the release on June 26, RBC Capital raised its price target on the stock from $4.5 to $9, while maintaining a Sector Perform rating on the shares. The analyst Paul Treiber noted this was BlackBerry’s largest earnings beat in the past year. The firm sees the results as a turning point, noting that the company is moving into a period of headline growth after a stretch of transformation.

​BlackBerry Limited (NYSE:BB) is a Canadian provider of intelligent security software and services to both enterprises and government organizations. Incorporated in 1984, the company operates through three segments: Secure Communications, QNX, and Licensing. The company’s QNX division is a key enabler of agentic AI, it provides operating system foundation that enables using agentic software in autonomous vehicles and robotics.

While we acknowledge the risk and potential of BB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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