BlackBerry (NYSE:BB) Issues Quarterly Earnings Results

BlackBerry (NYSE:BB) posted its quarterly earnings results on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02, Briefing.com reports. The firm had revenue of $157.96 million for the quarter, compared to analyst estimates of $144.27 million. BlackBerry had a net margin of 4.02% and a return on equity of 8.05%. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.03 earnings per share. BlackBerry updated its Q1 2027 guidance to 0.020-0.030 EPS and its FY 2027 guidance to 0.150-0.190 EPS.

Here are the key takeaways from BlackBerry’s conference call:

• QNX delivered a Rule of 40 quarter with Q4 revenue of $78.7M (+20% YoY), record royalties, and backlog increased to approximately $950M, giving multi-year revenue visibility and expected Rule of 40 performance in FY27.
• The company expects meaningful upside from Alloy Core (general release this calendar year) and expansion in General Embedded Markets—industrial, medical and robotics/physical AI—with GEM already ~20% of QNX revenue and early wins (e.g., Johnson & Johnson).
• Secure Communications has turned the corner, reporting Q4 revenue of $72.5M, ARR of $218M (+5% YoY) and a DBNRR of 94%, driven by Secusmart, UEM stabilization and government wins (Germany, Shared Services Canada, NATO).
• Management provided FY27 company guidance of $584M–$611M revenue (6–11% growth), adj. EBITDA $110M–$130M and EPS $0.15–$0.19, and exited FY26 with $432M cash ($232M net) plus $60M of buybacks year-to-date, but cautioned on Q1 seasonality and macro uncertainty that may produce uneven quarter-to-quarter results.

BlackBerry Trading Up 7.6%

BlackBerry stock opened at $3.80 on Friday. The company has a 50 day moving average price of $3.41 and a 200 day moving average price of $3.98. BlackBerry has a 52 week low of $3.04 and a 52 week high of $5.32. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.14. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 126.71 and a beta of 1.70.

Key BlackBerry News

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: Q4 results beat expectations — BB reported $0.06 EPS vs. $0.05 consensus and revenue of ~$158M vs. ~$144M consensus (?10% YoY growth), showing improving margins and cash flow. MarketBeat Earnings Report
• Positive Sentiment: Management raised FY27 and Q1 guidance that tops or matches Street expectations — FY27 EPS guide of $0.150–0.190 and revenue guide of $584M–$611M; Q1 EPS guide $0.020–0.030 and revenue $132M–$140M — supporting a re-rating toward growth. Reuters: BlackBerry forecasts upbeat quarterly revenue
• Positive Sentiment: QNX (embedded OS) delivered record quarterly revenue (~$78.7M) and a growing royalty backlog (~$950M), helping drive recurring revenue and improved operating cash flow — key proof points for the turnaround narrative. Press Release: Q4 & FY2026 Results
• Positive Sentiment: Heavy bullish options activity — unusual purchase of ~44,579 call contracts (?+258% vs. typical volume) indicates speculative/hedged bullish positioning into/after the print (short-term technical fuel).
• Neutral Sentiment: Full earnings materials and slides are available (earnings call/slide deck), useful for investors wanting line-item detail and management commentary to validate guidance assumptions. Seeking Alpha: Q4 Presentation
• Negative Sentiment: CEO John Giamatteo sold BB shares after the release — insider selling can raise governance/near-term confidence questions for some investors, even if the company fundamentals look stronger. Invezz: CEO just sold BlackBerry stock

Analysts Set New Price Targets

Several research firms have issued reports on BB. Canaccord Genuity Group restated a “hold” rating and issued a $4.60 price target on shares of BlackBerry in a research report on Friday, December 19th. Wall Street Zen lowered shares of BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings restated a “sell (d+)” rating on shares of BlackBerry in a research report on Wednesday, March 25th. TD Securities upgraded shares of BlackBerry to a “hold” rating in a research report on Monday, December 22nd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a research note on Friday, December 19th. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $4.92.

Insider Buying and Selling

In related news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the firm’s stock in a transaction that occurred on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the completion of the transaction, the senior vice president owned 94,903 shares of the company’s stock, valued at approximately $337,854.68. This trade represents a 23.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO John Joseph Giamatteo sold 27,066 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total transaction of $96,354.96. Following the completion of the transaction, the chief executive officer directly owned 899,146 shares of the company’s stock, valued at $3,200,959.76. This represents a 2.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 73,171 shares of company stock valued at $260,489 in the last ninety days. Company insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On BlackBerry

A number of institutional investors have recently modified their holdings of the stock. First Trust Advisors LP boosted its stake in shares of BlackBerry by 34.4% during the 4th quarter. First Trust Advisors LP now owns 24,991,652 shares of the company’s stock valued at $94,718,000 after buying an additional 6,399,502 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of BlackBerry by 1.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,799,334 shares of the company’s stock valued at $77,116,000 after buying an additional 209,448 shares during the period. Bank of America Corp DE boosted its stake in shares of BlackBerry by 21.3% during the 3rd quarter. Bank of America Corp DE now owns 5,584,564 shares of the company’s stock valued at $27,253,000 after buying an additional 980,359 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of BlackBerry by 31.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,051,338 shares of the company’s stock valued at $15,355,000 after buying an additional 972,738 shares during the period. Finally, UBS Group AG boosted its stake in shares of BlackBerry by 52.9% during the 3rd quarter. UBS Group AG now owns 3,041,707 shares of the company’s stock valued at $14,844,000 after buying an additional 1,052,398 shares during the period. Institutional investors and hedge funds own 54.48% of the company’s stock.

About BlackBerry

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry’s core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.

At the heart of BlackBerry’s offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.