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Canaccord Raises BlackBerry (BB) Price Target, Keeps Hold Rating

BlackBerry Limited (NYSE:BB) is one of the 10 Best Tech Stocks To Buy Under $5. On June 25, Canaccord Genuity increased its price target on BlackBerry Limited (NYSE:BB) from $4.25 to $4.60 but kept its “Hold” rating.

The research firm made this change because it expects BlackBerry Limited’s (NYSE:BB) business to improve for the rest of the calendar year 2025. Canaccord analysts also noted that the company’s new strategies are expected to become more focused. BlackBerry Limited’s (NYSE:BB) positive adjusted EBITDA gives it more organic and inorganic investment opportunities.

A research engineer surrounded by hardware, demonstrating the company’s secure container offerings.

Canaccord pointed out that the company has an $865 million backlog for its QNX platform. This presents significant revenue opportunities in the future. However, the firm expressed uncertainty about when this will lead to faster growth in the company’s IoT segment, especially because there are concerns about auto tariffs.

The research firm also highlighted that less than half of BlackBerry Limited’s (NYSE:BB) QNX revenue in fiscal year 2025 came from North America. Markets like medical devices, industrial automation, and robotics made up 18% of QNX revenue during the same period.

Finally, Canaccord’s updated sum-of-parts analysis of BlackBerry Limited’s (NYSE:BB) business segments reflects the company’s growth potential and better financial health. The firm noted that the general embedded opportunity already represents 43% of the company’s pipeline for SDP 8.0. This is ahead of planned investments in sales and marketing to boost sales in those areas.

BlackBerry Limited (NYSE:BB) is a Canadian software and services company that serves governments and enterprises, including major automakers and industrial giants, with its intelligent and high-performance foundational software.

While we acknowledge the potential of BB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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