BlackBerry Limited (NYSE:BB) is among the overlooked penny stocks to invest in<\/strong>. On January 8, Todd Coupland, an analyst at CIBC, reiterated a Buy rating on BlackBerry Limited (NYSE:BB), with an unchanged $6 price target. As the highest 1-year price target, the reaffirmed stance reflects an upside potential of 57.89% from the current price.<\/p>\n On the same day, RBC Capital maintained a Sector Perform rating and a price target of $4.50 on BlackBerry Limited (NYSE:BB). According to the firm, the macroeconomic environment will likely be a growth headwind in the times ahead, mainly impacting its QNX business because of deferred projects and delayed platform launches. That said, the stock has declined by nearly 4% over the last six months.<\/p>\n Kritchanut\/Shutterstock.com<\/p>\n RBC also highlighted that QNX\u2019s momentum has skewed towards the lower end of the company\u2019s long-term targets. If the midpoint of FY26 QNX revenue estimates of $263 million is considered, it falls near the bottom of the company\u2019s $260-270 million target range for FY26 set at the November 2024 investor day.<\/p>\n 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.<\/p>\n 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<\/b>.<\/p>\n READ NEXT: <\/b>The Best and Worst Dow Stocks for the Next 12 Months<\/b> and <\/b>10 Unstoppable Stocks That Could Double Your Money<\/b>.<\/b><\/p>\n Disclosure: None.<\/p>\n<\/p><\/div>\n<\/div>\n<\/div>