BlackBerry (NYSE:BB) Updates FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.080-0.100 for the period, compared to the consensus earnings per share estimate of 0.120. The company issued revenue guidance of $504.0 million-$534.0 million, compared to the consensus revenue estimate of $548.4 million. BlackBerry also updated its FY26 guidance to $0.08-0.10 EPS.

Wall Street Analysts Forecast Growth

BB has been the subject of several research analyst reports. Canaccord Genuity Group boosted their price target on shares of BlackBerry from $3.00 to $4.75 and gave the company a “hold” rating in a report on Tuesday, March 11th. Robert W. Baird raised their price target on BlackBerry from $3.00 to $3.50 and gave the stock a “neutral” rating in a research report on Friday, December 20th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $4.00 price objective on shares of BlackBerry in a research report on Tuesday. StockNews.com upgraded shares of BlackBerry from a “sell” rating to a “hold” rating in a report on Monday, December 9th. Finally, TD Cowen raised shares of BlackBerry from a “hold” rating to a “buy” rating and increased their price objective for the stock from $3.25 to $4.00 in a research report on Friday, December 20th. Six research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, BlackBerry presently has a consensus rating of “Moderate Buy” and an average price target of $3.91.

BlackBerry Stock Performance

Shares of BB stock opened at $3.74 on Wednesday. The firm has a market cap of $2.23 billion, a PE ratio of -16.98 and a beta of 1.27. BlackBerry has a 12 month low of $2.01 and a 12 month high of $6.24. The company’s fifty day simple moving average is $4.69 and its 200-day simple moving average is $3.50. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27.

BlackBerry (NYSE:BB) last posted its quarterly earnings data on Wednesday, April 2nd. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The company had revenue of $141.70 million during the quarter, compared to the consensus estimate of $137.56 million. BlackBerry had a negative net margin of 21.16% and a negative return on equity of 2.02%. The company’s quarterly revenue was down 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.03 EPS. Equities research analysts expect that BlackBerry will post -0.03 EPS for the current fiscal year.

Insider Buying and Selling at BlackBerry

In related news, insider Mattias Eriksson sold 14,475 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $3.68, for a total value of $53,268.00. Following the completion of the sale, the insider now directly owns 238,838 shares in the company, valued at approximately $878,923.84. This trade represents a 5.71 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Jay P. Chai sold 24,425 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $4.19, for a total value of $102,340.75. The disclosure for this sale can be found here. Insiders sold a total of 244,221 shares of company stock worth $925,655 over the last ninety days. 0.34% of the stock is currently owned by corporate insiders.

BlackBerry Company Profile

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.