BlackBerry (NYSE:BB) Releases FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY 2026 earnings guidance on Wednesday. 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 Price Performance

BB opened at $3.38 on Thursday. The company has a fifty day simple moving average of $4.67 and a 200 day simple moving average of $3.51. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27. The stock has a market cap of $2.02 billion, a P/E ratio of -15.36 and a beta of 1.30. BlackBerry has a 12 month low of $2.01 and a 12 month high of $6.24.

BlackBerry (NYSE:BB) last released its quarterly earnings data on Wednesday, April 2nd. The company reported $0.03 earnings per share for the quarter, beating 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%. BlackBerry’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.03 EPS. On average, research analysts expect that BlackBerry will post -0.03 EPS for the current year.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In related news, insider Mattias Eriksson sold 12,680 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $4.00, for a total transaction of $50,720.00. Following the sale, the insider now owns 278,306 shares in the company, valued at $1,113,224. This represents a 4.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jay P. Chai sold 24,425 shares of the business’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $4.19, for a total transaction of $102,340.75. The disclosure for this sale can be found here. Insiders have sold 69,308 shares of company stock valued at $281,914 in the last ninety days. 0.34% of the stock is currently 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.