BlackBerry (NYSE:BB) Releases FY26 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its FY26 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.08-0.10 for the period, compared to the consensus earnings per share 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 Trading Down 0.9 %

Shares of BlackBerry stock opened at $3.74 on Wednesday. BlackBerry has a 1-year low of $2.01 and a 1-year high of $6.24. The company’s fifty day simple moving average is $4.69 and its 200-day simple moving average is $3.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 1.37. 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 released its earnings results 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 company had revenue of $141.70 million for the quarter, compared to the consensus estimate of $137.56 million. BlackBerry had a negative return on equity of 2.02% and a negative net margin of 21.16%. BlackBerry’s quarterly revenue was down 7.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 earnings per share. As a group, equities analysts anticipate that BlackBerry will post -0.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on BB shares. TD Cowen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating and raised their target price for the stock from $3.25 to $4.00 in a research note on Friday, December 20th. Royal Bank of Canada restated a “sector perform” rating and set a $4.00 price objective on shares of BlackBerry in a research report on Tuesday. TD Securities upgraded shares of BlackBerry from a “hold” rating to a “buy” rating and lifted 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 target on BlackBerry from $3.00 to $3.50 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Finally, Canaccord Genuity Group boosted their price objective on BlackBerry from $3.00 to $4.75 and gave the company a “hold” rating in a research report on Tuesday, March 11th. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $3.91.

Insider Buying and Selling at BlackBerry

In related news, insider Mattias Eriksson sold 14,475 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $3.68, for a total value of $53,268.00. Following the sale, the insider now owns 238,838 shares in the company, valued at approximately $878,923.84. The trade was a 5.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 transaction of $573,399.20. Following the transaction, the chief executive officer now owns 385,552 shares of the company’s stock, valued at $1,418,831.36. This trade represents a 28.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 244,221 shares of company stock valued at $925,655 in the last 90 days. Insiders own 0.34% of the company’s stock.

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.