BlackBerry – maker of the eponymous cellphones that dominated the early 2000s – has gotten a new life as a vital software program provider for synthetic intelligence-linked purposes, priming its inventory to achieve much more floor, in line with Stifel. The funding agency initiated protection of BlackBerry with a purchase score. It additionally put a $12 worth goal on shares, implying 36% from Tuesday’s shut. “The market nonetheless misdefines BlackBerry,” analyst Suthan Sukumar mentioned Tuesday in a observe to purchasers. “That is … a mission-critical software program layer in the bodily AI stack and a dominant companion to silicon leaders like NVIDIA, Qualcomm, and AMD powering the build-out from cloud to edge, throughout automobiles, robots, factories, and medical gadgets.” Shares of BlackBerry have surged 133% 12 months so far as the corporate continues to refocus its technique, centering its QNX Software program Platform as an infrastructure layer for the automotive, industrial, healthcare and robotics sectors. BB YTD mountain Shares have surged 133% in 2026. There may be presently “no superior different” to BlackBerry’s software program platform, which means it is more likely to proceed attracting customers – a reality that ought to increase Blackberry’s inventory, per Stifel. “Not like the probabilistic AI working above it, the management layer beneath bodily programs can’t fail, and QNX has been that deterministic, safety-certified layer for 40 years,” Tk wrote. “Our due diligence throughout silicon companions and distributors helps corroborate that there is no such thing as a superior different to QNX’s mixture of security certification and real-time efficiency at scale.” Stifel’s name goes in opposition to consensus on Wall Road. Of the seven analysts overlaying BlackBerry, six have a purchase or sturdy purchase on the inventory, LSEG knowledge exhibits. BlackBerry shares rose greater than 3% following the improve.
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