BlackBerry (NYSE:BB) Updates FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.140-0.160 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $531.0 million-$541.0 million, compared to the consensus revenue estimate of $529.9 million. BlackBerry also updated its Q4 2026 guidance to 0.030-0.050 EPS.

BlackBerry Price Performance

BB stock traded up $0.12 during midday trading on Thursday, reaching $4.38. The company had a trading volume of 20,406,450 shares, compared to its average volume of 14,711,146. The stock has a 50 day moving average price of $4.44 and a 200-day moving average price of $4.21. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of -438.00 and a beta of 1.41. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.20 and a quick ratio of 2.20. BlackBerry has a 1-year low of $2.80 and a 1-year high of $6.24.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on BB shares. Weiss Ratings reissued a “sell (d-)” rating on shares of BlackBerry in a research report on Wednesday, October 8th. Canaccord Genuity Group reissued a “hold” rating and set a $4.60 target price on shares of BlackBerry in a research report on Friday, September 26th. Wall Street Zen raised shares of BlackBerry from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. TD Cowen reissued a “hold” rating and set a $5.00 price objective on shares of BlackBerry in a report on Friday, October 3rd. Finally, Robert W. Baird raised their target price on BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a report on Friday, September 26th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $5.10.

Insider Buying and Selling

In related news, insider Mattias Eriksson sold 5,914 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $4.62, for a total transaction of $27,322.68. Following the completion of the sale, the insider directly owned 291,340 shares in the company, valued at $1,345,990.80. This represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Philip S. Kurtz sold 44,178 shares of the stock in a transaction on Sunday, September 28th. The shares were sold at an average price of $4.95, for a total transaction of $218,681.10. Following the sale, the insider directly owned 95,468 shares of the company’s stock, valued at $472,566.60. The trade was a 31.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 88,565 shares of company stock worth $423,706 in the last quarter. 0.37% of the stock is owned by insiders.

Institutional Investors Weigh In On BlackBerry

Several institutional investors and hedge funds have recently modified their holdings of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in BlackBerry by 1.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 823,822 shares of the company’s stock valued at $3,106,000 after buying an additional 10,667 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of BlackBerry by 263.2% during the second quarter. Geode Capital Management LLC now owns 1,167,739 shares of the company’s stock valued at $5,348,000 after acquiring an additional 846,208 shares in the last quarter. Creative Planning increased its holdings in shares of 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 in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of BlackBerry in the 2nd quarter worth about $86,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in BlackBerry by 1,390.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock worth $71,397,000 after purchasing an additional 14,544,005 shares in the last quarter. 54.48% of the stock is owned by hedge funds and other institutional investors.

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.