BlackBerry (NYSE:BB) Issues FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.110-0.15 for the period, compared to the consensus earnings per share estimate of 0.080. The company issued revenue guidance of $519.0 million-$541.0 million, compared to the consensus revenue estimate of $522.0 million. BlackBerry also updated its Q3 2026 guidance to 0.020-0.040 EPS.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Robert W. Baird increased their price objective on shares of BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a research report on Friday. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research report on Friday. CIBC reissued an “outperform” rating on shares of BlackBerry in a research note on Tuesday, June 24th. Royal Bank Of Canada set a $4.50 price objective on shares of BlackBerry in a research note on Friday. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a $4.60 price target on shares of BlackBerry in a report on Friday. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $4.77.

BlackBerry Trading Up 6.6%

BB opened at $4.96 on Friday. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of -495.50 and a beta of 1.49. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $3.88 and its two-hundred day moving average is $3.89. BlackBerry has a 52 week low of $2.24 and a 52 week high of $6.24.

BlackBerry (NYSE:BB) last posted its quarterly earnings results on Thursday, September 25th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. The firm had revenue of $130.96 million for the quarter, compared to the consensus estimate of $122.03 million. BlackBerry had a positive return on equity of 6.07% and a negative net margin of 0.60%.BlackBerry’s revenue for the quarter was down 10.6% on a year-over-year basis. BlackBerry has set its Q3 2026 guidance at 0.020-0.040 EPS. FY 2026 guidance at 0.110-0.15 EPS. On average, research analysts predict that BlackBerry will post -0.03 EPS for the current year.

Insider Activity

In related news, CEO John Joseph Giamatteo sold 26,998 shares of the stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $4.32, for a total value of $116,631.36. Following the completion of the transaction, the chief executive officer owned 530,135 shares of the company’s stock, valued at approximately $2,290,183.20. This represents a 4.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold a total of 42,200 shares of company stock valued at $182,385 in the last ninety days. 0.37% of the stock is currently owned by company insiders.

Institutional Trading of BlackBerry

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Benjamin Edwards Inc. increased its position in BlackBerry by 31.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock valued at $67,000 after acquiring an additional 3,500 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of BlackBerry during the 2nd quarter worth about $86,000. Creative Planning increased its stake in BlackBerry by 87.5% during the second quarter. Creative Planning now owns 53,413 shares of the company’s stock valued at $245,000 after acquiring an additional 24,921 shares during the period. Brevan Howard Capital Management LP bought a new stake in shares of BlackBerry in the 2nd quarter valued at approximately $379,000. Finally, Bayesian Capital Management LP bought a new stake in BlackBerry during the 2nd quarter worth approximately $879,000. 54.48% of the stock is currently owned by institutional investors and hedge funds.

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.