Talha Qureshi
Sun, April 12, 2026 astatine 1:25 PM CDT 2 min read
BlackBerry Limited (NYSE:BB) is 1 of the Best Rising Penny Stocks to Buy Now.
On April 9, BlackBerry Limited (NYSE:BB) released its fiscal Q4 2026 earnings. The institution posted $156 cardinal successful revenue, reflecting 10.09% year-over-year maturation and topped expectations by $11.45 million. The EPS of $0.06 besides exceeded the statement by $0.02. Management attributed maturation to the QNX segment, which posted a grounds quarterly gross of $78.7 million, reflecting much than 20% year-over-year growth. Moreover, the QNX royalty backlog accrued to astir $950 million.
Notably, the institution besides improved its adjusted EBITDA by 71% year-over-year and GAAP operating income by $30.9 cardinal year-over-year. Looking ahead, absorption expects fiscal Q1 2027 gross successful the scope of $132 cardinal to $140 million, with QNX conception gross expected to beryllium astir $60 cardinal to $64 million.
Following the release, connected April 10, Canaccord Genuity reiterated a Hold standing connected the banal and lowered the terms people from $4.6 to $4.4. Earlier, connected April 9, RBC Capital had besides maintained a Hold standing connected the banal with a terms people of $4.5.
BlackBerry Limited (NYSE:BB) is simply a Canadian supplier of intelligent information bundle and services to some enterprises and authorities organizations. Incorporated successful 1984, the institution operates done 3 segments: Secure Communications, QNX, and Licensing.
While we admit the imaginable of BB arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 7 Hot Growth Stocks to Invest successful Right Now and 7 Ridiculously Cheap Stocks to Buy According to Wall Street Analysts.
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