BlackBerry (NYSE:BB) Updates FY26 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its FY26 earnings guidance on Wednesday morning. 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.

BlackBerry Stock Performance

Shares of BB stock opened at $3.38 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. BlackBerry has a fifty-two week low of $2.01 and a fifty-two week high of $6.24. The company has a market capitalization of $2.02 billion, a P/E ratio of -15.36 and a beta of 1.30. The stock has a 50 day moving average price of $4.67 and a two-hundred day moving average price of $3.51.

BlackBerry (NYSE:BB) last released its quarterly earnings data on Wednesday, April 2nd. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The firm had revenue of $141.70 million for the quarter, compared to analysts’ expectations of $137.56 million. BlackBerry had a negative net margin of 21.16% and a negative return on equity of 2.02%. The company’s revenue for the quarter was down 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.03 earnings per share. Analysts expect that BlackBerry will post -0.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. TD Cowen raised BlackBerry from a “hold” rating to a “buy” rating and boosted their target price for the company from $3.25 to $4.00 in a research note on Friday, December 20th. Robert W. Baird increased their price objective on BlackBerry from $3.00 to $3.50 and gave the stock a “neutral” rating in a report on Friday, December 20th. TD Securities upgraded shares of BlackBerry from a “hold” rating to a “buy” rating and boosted their target price for the company from $3.25 to $4.00 in a report on Friday, December 20th. StockNews.com lowered shares of BlackBerry from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $4.00 price target on shares of BlackBerry in a research report on Tuesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $3.91.

Insider Buying and Selling

In other BlackBerry news, CAO Jay P. Chai sold 24,425 shares of the business’s stock in a transaction dated 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Joseph Giamatteo sold 29,402 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $4.00, for a total transaction of $117,608.00. Following the transaction, the chief executive officer now owns 490,761 shares in the company, valued at $1,963,044. This represents a 5.65 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 69,308 shares of company stock worth $281,914 in the last quarter. Corporate insiders own 0.34% of the company’s stock.

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.