BlackBerry (NYSE:BB) Issues FY 2027 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.190-0.220 for the period, compared to the consensus earnings per share estimate of 0.180. The company issued revenue guidance of $616.0 million-$636.0 million, compared to the consensus revenue estimate of $614.1 million. BlackBerry also updated its Q3 2027 guidance to 0.040-0.050 EPS.

BlackBerry Stock Up 3.9%

Shares of BlackBerry stock opened at $8.71 on Friday. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.26. BlackBerry has a 12 month low of $3.12 and a 12 month high of $13.59. The business has a fifty day simple moving average of $8.31 and a 200 day simple moving average of $7.37. The stock has a market cap of $5.11 billion, a PE ratio of 96.73 and a beta of 2.23.

BlackBerry (NYSE:BB) last released its earnings results on Thursday, September 24th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.03. BlackBerry had a return on equity of 11.66% and a net margin of 10.31%.The firm had revenue of $166.56 million for the quarter, compared to analyst estimates of $144.22 million. During the same quarter in the prior year, the firm posted $0.04 earnings per share. The company’s quarterly revenue was up 26.0% on a year-over-year basis. BlackBerry has set its FY 2027 guidance at 0.190-0.220 EPS and its Q3 2027 guidance at 0.040-0.050 EPS. Research analysts predict that BlackBerry will post 0.13 EPS for the current year.

Analysts Set New Price Targets

BB has been the subject of several research analyst reports. Royal Bank Of Canada reissued a “sector perform” rating and issued a $9.00 price target on shares of BlackBerry in a report on Monday. Weiss Ratings cut BlackBerry from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, August 28th. Canaccord Genuity Group raised their price target on BlackBerry from $8.20 to $10.30 and gave the stock a “hold” rating in a research report on Friday, June 26th. Raymond James Financial lifted their price objective on BlackBerry from $4.75 to $9.50 and gave the company a “market perform” rating in a report on Friday, June 26th. Finally, Canadian Imperial Bank of Commerce increased their target price on BlackBerry from $10.00 to $13.00 and gave the stock an “outperformer” rating in a research note on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $8.92.

Insider Transactions at BlackBerry

In other BlackBerry news, SVP Jennifer Armstrong-Owen sold 3,296 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $10.92, for a total value of $35,992.32. Following the sale, the senior vice president owned 106,091 shares in the company, valued at approximately $1,158,513.72. The trade was a 3.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Tim Foote sold 8,235 shares of BlackBerry stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $10.92, for a total transaction of $89,926.20. Following the completion of the sale, the chief financial officer owned 73,535 shares in the company, valued at $803,002.20. The trade was a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 355,858 shares of company stock worth $4,012,270 in the last 90 days. 0.51% of the stock is owned by corporate insiders.

Key Stories Impacting BlackBerry

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: BlackBerry reported adjusted EPS of $0.07, above the $0.04 consensus estimate, while revenue rose 26% year over year to $163.3 million, exceeding expectations. The company also generated $29 million in operating cash flow and recorded its sixth consecutive quarter of positive GAAP net income. BlackBerry quarterly earnings report
• Positive Sentiment: QNX delivered record quarterly revenue, supported by automotive demand and new design wins. Its first Alloy Kore design win, described as the largest in QNX history, strengthens BlackBerry’s position in software-defined commercial vehicles. BlackBerry fiscal 2027 second-quarter results
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to $616 million-$636 million, above the $614.1 million analyst consensus, and lifted its adjusted EPS outlook to $0.19-$0.22 versus a $0.18 consensus. Adjusted EBITDA also grew 81% year over year. Reuters BlackBerry forecast article
• Positive Sentiment: Call-option activity was unusually heavy, with 114,134 contracts purchased—about 63% above typical volume—suggesting increased speculative or bullish interest in BB.
• Neutral Sentiment: The strong results initially pushed the stock higher, but shares later decreased as investors assessed valuation, execution risks and whether the growth acceleration can continue.
• Negative Sentiment: Third-quarter adjusted EPS guidance of $0.04-$0.05 was centered around or slightly below the $0.05 consensus estimate, while revenue guidance of $143 million-$154 million was broadly in line with expectations. The lack of a larger near-term earnings surprise may be limiting the immediate upside. BlackBerry Q2 guidance article

BlackBerry Company Profile

BlackBerry Limited is a Canadian software company headquartered in Waterloo, Ontario, that provides cybersecurity and Internet of Things (IoT) solutions to enterprises, governments and other organizations worldwide. Its cybersecurity offerings include endpoint protection, endpoint management, identity and access controls, secure communications, and tools designed to help organizations monitor and respond to cyber threats.

The company’s IoT business is built around QNX, a software platform used in automotive systems and other embedded applications.