BlackBerry (NYSE:BB) Releases 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.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on BB shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $4.00 price target on shares of BlackBerry in a report on Tuesday. CIBC lowered their target price on shares of BlackBerry from $7.00 to $6.00 and set an “outperformer” rating on the stock in a research note on Thursday. Canaccord Genuity Group dropped their target price on shares of BlackBerry from $4.75 to $4.25 and set a “hold” rating for the company in a report on Thursday. TD Cowen raised BlackBerry from a “hold” rating to a “buy” rating and raised their price target for the company from $3.25 to $4.00 in a report on Friday, December 20th. Finally, Robert W. Baird upped their price objective on BlackBerry from $3.00 to $3.50 and gave the stock a “neutral” rating in a research note on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $4.15.

BlackBerry Trading Down 7.2 %

Shares of BB stock opened at $3.15 on Friday. The stock’s 50-day moving average price is $4.65 and its 200-day moving average price is $3.50. BlackBerry has a 12-month low of $2.01 and a 12-month high of $6.24. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of -14.30 and a beta of 1.30. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27.

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

Insider Activity at BlackBerry

In other news, CAO Jay P. Chai sold 24,425 shares of BlackBerry 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mattias Eriksson sold 12,680 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $4.00, for a total value of $50,720.00. Following the sale, the insider now owns 278,306 shares in the company, valued at $1,113,224. The trade was a 4.36 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 71,388 shares of company stock valued at $288,882 over the last 90 days. 0.34% of the stock is 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.