BlackBerry (NYSE:BB) Issues FY26 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY26 earnings guidance on Wednesday. The company provided EPS guidance of $0.08-0.10 for the period, compared to the consensus EPS estimate of $0.05. The company issued revenue guidance of $504-534 million, compared to the consensus revenue estimate of $533.45 million. BlackBerry also updated its FY 2026 guidance to 0.080-0.100 EPS.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on BB shares. StockNews.com upgraded BlackBerry from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. TD Cowen raised shares of BlackBerry from a “hold” rating to a “buy” rating and upped their target price for the stock from $3.25 to $4.00 in a research report on Friday, December 20th. Robert W. Baird increased their price target on shares of BlackBerry from $3.00 to $3.50 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Canaccord Genuity Group upped their price objective on shares of BlackBerry from $3.00 to $4.75 and gave the stock a “hold” rating in a report on Tuesday, March 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $4.00 price target on shares of BlackBerry in a research note on Tuesday. Six 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. Based on data from MarketBeat.com, BlackBerry has an average rating of “Moderate Buy” and a consensus price target of $3.91.

BlackBerry Stock Performance

BB stock opened at $3.74 on Wednesday. BlackBerry has a 12-month low of $2.01 and a 12-month high of $6.24. The stock’s 50 day simple moving average is $4.69 and its 200 day simple moving average is $3.50. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $2.23 billion, a PE ratio of -16.98 and a beta of 1.27.

BlackBerry (NYSE:BB) last issued its earnings results on Wednesday, April 2nd. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $141.70 million during the quarter, compared to analyst estimates of $137.56 million. BlackBerry had a negative return on equity of 2.02% and a negative net margin of 21.16%. BlackBerry’s revenue was down 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 EPS. As a group, research analysts forecast that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other BlackBerry news, insider Mattias Eriksson sold 14,475 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $3.68, for a total value of $53,268.00. Following the transaction, the insider now owns 238,838 shares of the company’s stock, valued at approximately $878,923.84. This represents a 5.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John Joseph Giamatteo sold 155,815 shares of the business’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 $573,399.20. Following the sale, the chief executive officer now owns 385,552 shares of the company’s stock, valued at approximately $1,418,831.36. This represents a 28.78 % decrease in their ownership of the stock. 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. 0.34% of the stock is owned by 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.