BlackBerry (NYSE:BB) Issues FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.080-0.100 for the period, compared to the consensus EPS 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

Shares of NYSE:BB opened at $3.15 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 1.37. BlackBerry has a 1 year low of $2.01 and a 1 year high of $6.24. The firm has a market capitalization of $1.88 billion, a PE ratio of -14.30 and a beta of 1.30. The business’s 50 day moving average price is $4.65 and its 200-day moving average price is $3.50.

BlackBerry (NYSE:BB) last announced its earnings results 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 company 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 firm’s quarterly revenue was down 7.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.03 EPS. As a group, equities research analysts expect that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. 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 report on Friday, December 20th. Canaccord Genuity Group cut their price target on 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 boosted their price objective for the stock from $3.25 to $4.00 in a research note on Friday, December 20th. CIBC cut their target price on BlackBerry from $7.00 to $6.00 and set an “outperformer” rating for the company in a research note on Thursday. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $4.00 price target on shares of BlackBerry in a report on Tuesday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $4.15.

Insider Transactions at BlackBerry

In related news, CAO Jay P. Chai sold 24,425 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $4.19, for a total transaction of $102,340.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Joseph Giamatteo sold 29,402 shares of BlackBerry stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $4.00, for a total transaction of $117,608.00. Following the completion of the sale, the chief executive officer now owns 490,761 shares of the company’s stock, valued at $1,963,044. This trade represents a 5.65 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 71,388 shares of company stock worth $288,882. 0.34% of the stock is currently owned by company 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.