BlackBerry (NYSE:BB – Get Free Report) updated its fourth quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of -0.010-0.010 for the period, compared to the consensus earnings per share estimate of 0.010. The company issued revenue guidance of $126.0 million-$135.0 million, compared to the consensus revenue estimate of $161.0 million. BlackBerry also updated its FY 2025 guidance to -0.020-0.000 EPS.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on BB shares. Canaccord Genuity Group lifted their price target on BlackBerry from $2.70 to $2.80 and gave the company a “hold” rating in a research report on Friday, October 18th. StockNews.com upgraded shares of BlackBerry from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. CIBC upped their price target on shares of BlackBerry from $3.50 to $3.60 and gave the stock an “outperform” rating in a research note on Thursday, October 17th. Royal Bank of Canada increased their price objective on BlackBerry from $3.00 to $3.25 and gave the stock a “sector perform” rating in a report on Tuesday. Finally, TD Securities upgraded BlackBerry from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a research note on Friday. Six investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $3.51.
Check Out Our Latest Report on BlackBerry
BlackBerry Trading Down 1.0 %
BlackBerry (NYSE:BB – Get Free Report) last posted its quarterly earnings data on Thursday, December 19th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.03. BlackBerry had a negative net margin of 21.66% and a negative return on equity of 3.38%. The company had revenue of $143.00 million for the quarter, compared to the consensus estimate of $144.84 million. During the same quarter in the previous year, the firm posted $0.01 EPS. The business’s revenue was down 5.9% compared to the same quarter last year. As a group, sell-side analysts predict that BlackBerry will post -0.06 EPS for the current year.
Insider Buying and Selling at BlackBerry
In related news, insider Philip S. Kurtz sold 15,005 shares of the stock in a transaction dated Saturday, September 28th. The shares were sold at an average price of $2.53, for a total value of $37,962.65. Following the completion of the transaction, the insider now owns 30,129 shares of the company’s stock, valued at $76,226.37. This represents a 33.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.34% of the company’s stock.
About BlackBerry
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions.
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