BlackBerry (NYSE:BB) Issues Q4 2026 Earnings Guidance

BlackBerry (NYSE:BB) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.030-0.050 for the period, compared to the consensus earnings per share estimate of 0.040. The company issued revenue guidance of $138.0 million-$148.0 million, compared to the consensus revenue estimate of $145.6 million. BlackBerry also updated its FY 2026 guidance to 0.140-0.160 EPS.

BlackBerry Stock Up 2.8%

Shares of NYSE BB traded up $0.12 during mid-day trading on Thursday, reaching $4.38. 20,388,688 shares of the company’s stock were exchanged, compared to its average volume of 14,708,357. The business has a fifty day simple moving average of $4.44 and a 200 day simple moving average of $4.21. BlackBerry has a twelve month low of $2.80 and a twelve month high of $6.24. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of -438.00 and a beta of 1.41.

BlackBerry (NYSE:BB) last released its earnings results on Thursday, December 18th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.04. BlackBerry had a positive return on equity of 6.07% and a negative net margin of 0.60%.BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. As a group, equities analysts expect that BlackBerry will post -0.03 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on BB shares. Royal Bank Of Canada raised their target price on shares of BlackBerry from $4.00 to $4.50 and gave the company a “sector perform” rating in a research report on Friday, September 26th. Robert W. Baird raised their price objective on BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a report on Friday, September 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BlackBerry in a report on Wednesday, October 8th. TD Cowen restated a “hold” rating and issued a $5.00 price target on shares of BlackBerry in a research note on Friday, October 3rd. Finally, Zacks Research lowered BlackBerry from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $5.10.

Insider Buying and Selling

In related news, CEO John Joseph Giamatteo sold 28,343 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $4.62, for a total value of $130,944.66. Following the sale, the chief executive officer owned 568,164 shares in the company, valued at approximately $2,624,917.68. This represents a 4.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Philip S. Kurtz sold 44,178 shares of the firm’s stock in a transaction on Sunday, September 28th. The shares were sold at an average price of $4.95, for a total value of $218,681.10. Following the sale, the insider directly owned 95,468 shares of the company’s stock, valued at $472,566.60. This represents a 31.64% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 88,565 shares of company stock valued at $423,706. 0.37% of the stock is owned by insiders.

Institutional Trading of BlackBerry

Hedge funds and other institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC grew its stake in BlackBerry by 2,349.1% in the 3rd quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock valued at $57,000 after buying an additional 11,205 shares during the last quarter. Benjamin Edwards Inc. grew its position in shares of BlackBerry by 31.5% in the second quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock valued at $67,000 after purchasing an additional 3,500 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of BlackBerry during the second quarter worth approximately $86,000. Scientech Research LLC bought a new position in shares of BlackBerry during the third quarter worth approximately $216,000. Finally, Creative Planning lifted its holdings in BlackBerry by 87.5% during the 2nd quarter. Creative Planning now owns 53,413 shares of the company’s stock worth $245,000 after purchasing an additional 24,921 shares during the last quarter. Institutional investors own 54.48% 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.