BlackBerry (NYSE:BB) Releases FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.080-0.100 for the period, compared to the consensus earnings per share estimate of 0.120. The company issued revenue guidance of $504.0 million-$534.0 million, compared to the consensus revenue estimate of $548.4 million. BlackBerry also updated its FY26 guidance to $0.08-0.10 EPS.

BlackBerry Stock Performance

NYSE BB opened at $3.74 on Wednesday. BlackBerry has a 52-week low of $2.01 and a 52-week high of $6.24. The stock has a market cap of $2.23 billion, a PE ratio of -16.98 and a beta of 1.27. The firm has a 50-day moving average of $4.69 and a 200-day moving average of $3.50. 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 (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 analysts’ consensus estimates of $0.02 by $0.01. BlackBerry had a negative return on equity of 2.02% and a negative net margin of 21.16%. The company had revenue of $141.70 million during the quarter, compared to analysts’ expectations of $137.56 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The business’s revenue was down 7.3% on a year-over-year basis. On average, sell-side analysts anticipate that BlackBerry will post -0.03 EPS for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on BB. TD Cowen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $3.25 to $4.00 in a research note on Friday, December 20th. TD Securities upgraded shares of BlackBerry from a “hold” rating to a “buy” rating and lifted their price target for the company from $3.25 to $4.00 in a research report on Friday, December 20th. Canaccord Genuity Group boosted their price target on BlackBerry from $3.00 to $4.75 and gave the company a “hold” rating in a research note on Tuesday, March 11th. Robert W. Baird raised 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. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $4.00 target price on shares of BlackBerry in a research report on Tuesday. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, BlackBerry currently has a consensus rating of “Moderate Buy” and a consensus target price of $3.91.

Insider Buying and Selling at BlackBerry

In other news, insider Mattias Eriksson sold 14,475 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $3.68, for a total transaction of $53,268.00. Following the completion of the transaction, the insider now directly owns 238,838 shares in the company, valued at approximately $878,923.84. This represents a 5.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Joseph Giamatteo sold 155,815 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $3.68, for a total value of $573,399.20. Following the completion of the transaction, the chief executive officer now owns 385,552 shares of the company’s stock, valued at $1,418,831.36. The trade was a 28.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 244,221 shares of company stock valued at $925,655. 0.34% of the stock is currently owned by corporate insiders.

About BlackBerry

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.