BlackBerry (NYSE:BB) Issues Q1 2026 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of -0.010-0.000 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $107.0 million-$115.0 million, compared to the consensus revenue estimate of $128.0 million. BlackBerry also updated its FY 2026 guidance to 0.080-0.100 EPS.

BlackBerry Price Performance

Shares of NYSE:BB opened at $3.74 on Wednesday. The firm has a 50 day simple moving average of $4.69 and a 200 day simple moving average of $3.50. The company has a market cap of $2.23 billion, a price-to-earnings ratio of -16.98 and a beta of 1.27. BlackBerry has a one year low of $2.01 and a one year high of $6.24. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 1.37.

Analyst Upgrades and Downgrades

BB has been the topic of several recent research reports. TD Securities raised BlackBerry from a “hold” rating to a “buy” rating and lifted their target price for the stock from $3.25 to $4.00 in a report on Friday, December 20th. Canaccord Genuity Group lifted their price objective on BlackBerry from $3.00 to $4.75 and gave the stock a “hold” rating in a research note on Tuesday, March 11th. StockNews.com raised shares of BlackBerry from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Royal Bank of Canada restated a “sector perform” rating and issued a $4.00 price target on shares of BlackBerry in a research report on Tuesday. Finally, TD Cowen raised shares of BlackBerry from a “hold” rating to a “buy” rating and upped their price objective for the company from $3.25 to $4.00 in a research note on Friday, December 20th. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, BlackBerry has a consensus rating of “Moderate Buy” and an average price target of $3.91.

Insiders Place Their Bets

In other news, CEO John Joseph Giamatteo sold 155,815 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $3.68, for a total value of $573,399.20. Following the transaction, the chief executive officer now owns 385,552 shares in the company, valued at $1,418,831.36. This trade represents a 28.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mattias Eriksson sold 14,475 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $3.68, for a total value of $53,268.00. Following the sale, the insider now owns 238,838 shares of the company’s stock, valued at $878,923.84. This trade represents a 5.71 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 244,221 shares of company stock worth $925,655. Corporate 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.