BlackBerry (NYSE:BB) Issues Q3 2027 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its third quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.040-0.050 for the period, compared to the consensus earnings per share estimate of 0.050. The company issued revenue guidance of $143.0 million-$154.0 million, compared to the consensus revenue estimate of $148.8 million. BlackBerry also updated its FY 2027 guidance to 0.190-0.220 EPS.

BlackBerry Price Performance

Shares of NYSE BB opened at $8.71 on Friday. BlackBerry has a fifty-two week low of $3.12 and a fifty-two week high of $13.59. The company has a 50 day simple moving average of $8.31 and a two-hundred day simple moving average of $7.37. The company has a market capitalization of $5.11 billion, a price-to-earnings ratio of 96.73 and a beta of 2.23. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.20 and a current ratio of 2.20.

BlackBerry (NYSE:BB) last issued its quarterly earnings results on Thursday, September 24th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. BlackBerry had a return on equity of 11.66% and a net margin of 10.31%.The firm had revenue of $166.56 million for the quarter, compared to analysts’ expectations of $144.22 million. During the same period in the previous year, the firm posted $0.04 EPS. The business’s revenue for the quarter was up 26.0% compared to the same quarter last year. BlackBerry has set its FY 2027 guidance at 0.190-0.220 EPS and its Q3 2027 guidance at 0.040-0.050 EPS. Analysts expect that BlackBerry will post 0.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BB has been the topic of a number of recent analyst reports. Zacks Research cut shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Canadian Imperial Bank of Commerce increased their target price on BlackBerry from $10.00 to $13.00 and gave the company an “outperformer” rating in a research note on Friday, June 26th. Canaccord Genuity Group boosted their price target on BlackBerry from $8.20 to $10.30 and gave the stock a “hold” rating in a research note on Friday, June 26th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $9.00 price target on shares of BlackBerry in a report on Monday. Finally, TD Securities reiterated a “hold” rating and issued a $8.00 price objective on shares of BlackBerry in a report on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $8.92.

Insider Buying and Selling

In related news, insider Philip S. Kurtz sold 6,414 shares of the company’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $11.07, for a total value of $71,002.98. Following the completion of the transaction, the insider owned 125,158 shares of the company’s stock, valued at approximately $1,385,499.06. This represents a 4.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jennifer Armstrong-Owen sold 3,296 shares of the business’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $10.92, for a total value of $35,992.32. Following the completion of the transaction, the senior vice president owned 106,091 shares in the company, valued at $1,158,513.72. The trade was a 3.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 355,858 shares of company stock worth $4,012,270 over the last ninety days. 0.51% of the stock is owned by corporate insiders.

Trending Headlines about BlackBerry

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: BlackBerry reported adjusted EPS of $0.07, above the $0.04 consensus estimate, while revenue rose 26% year over year to $163.3 million, exceeding expectations. The company also generated $29 million in operating cash flow and recorded its sixth consecutive quarter of positive GAAP net income. BlackBerry quarterly earnings report
• Positive Sentiment: QNX delivered record quarterly revenue, supported by automotive demand and new design wins. Its first Alloy Kore design win, described as the largest in QNX history, strengthens BlackBerry’s position in software-defined commercial vehicles. BlackBerry fiscal 2027 second-quarter results
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to $616 million-$636 million, above the $614.1 million analyst consensus, and lifted its adjusted EPS outlook to $0.19-$0.22 versus a $0.18 consensus. Adjusted EBITDA also grew 81% year over year. Reuters BlackBerry forecast article
• Positive Sentiment: Call-option activity was unusually heavy, with 114,134 contracts purchased—about 63% above typical volume—suggesting increased speculative or bullish interest in BB.
• Neutral Sentiment: The strong results initially pushed the stock higher, but shares later decreased as investors assessed valuation, execution risks and whether the growth acceleration can continue.
• Negative Sentiment: Third-quarter adjusted EPS guidance of $0.04-$0.05 was centered around or slightly below the $0.05 consensus estimate, while revenue guidance of $143 million-$154 million was broadly in line with expectations. The lack of a larger near-term earnings surprise may be limiting the immediate upside. BlackBerry Q2 guidance article

About BlackBerry

BlackBerry Limited is a Canadian software company headquartered in Waterloo, Ontario, that provides cybersecurity and Internet of Things (IoT) solutions to enterprises, governments and other organizations worldwide. Its cybersecurity offerings include endpoint protection, endpoint management, identity and access controls, secure communications, and tools designed to help organizations monitor and respond to cyber threats.

The company’s IoT business is built around QNX, a software platform used in automotive systems and other embedded applications.