BlackBerry (NYSE:BB) Updates FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.140-0.160 for the period, compared to the consensus 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.

Wall Street Analysts Forecast Growth

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

BlackBerry Stock Performance

BB traded up $0.12 on Thursday, hitting $4.38. 20,388,688 shares of the stock traded hands, compared to its average volume of 14,708,357. The business has a fifty day moving average price of $4.44 and a two-hundred day moving average price of $4.21. 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 PE ratio of -438.00 and a beta of 1.41. BlackBerry has a 52 week low of $2.80 and a 52 week high of $6.24.

BlackBerry (NYSE:BB) last posted its earnings results on Thursday, December 18th. The company reported $0.04 EPS for the quarter, hitting the consensus estimate 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. On average, research analysts predict that BlackBerry will post -0.03 EPS for the current fiscal year.

Insider Transactions at BlackBerry

In other news, insider Philip S. Kurtz sold 44,178 shares of the firm’s stock in a transaction dated Sunday, September 28th. The stock was sold at an average price of $4.95, for a total transaction of $218,681.10. Following the sale, the insider owned 95,468 shares of the company’s stock, valued at $472,566.60. This trade represents a 31.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mattias Eriksson sold 5,914 shares of BlackBerry 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 owned 291,340 shares in the company, valued at $1,345,990.80. The trade was a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 88,565 shares of company stock worth $423,706. 0.37% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its stake in BlackBerry by 2,349.1% during the third quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock worth $57,000 after purchasing an additional 11,205 shares during the last quarter. Scientech Research LLC bought a new position in BlackBerry in the third quarter valued at about $216,000. Qube Research & Technologies Ltd boosted its position in BlackBerry by 109.6% during the 3rd quarter. Qube Research & Technologies Ltd now owns 147,103 shares of the company’s stock worth $718,000 after buying an additional 76,920 shares during the period. Millennium Management LLC increased its holdings in BlackBerry by 69.3% in the third quarter. Millennium Management LLC now owns 1,027,804 shares of the company’s stock valued at $5,014,000 after purchasing an additional 420,833 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of BlackBerry by 1.3% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,799,334 shares of the company’s stock valued at $77,116,000 after buying an additional 209,448 shares during the period. 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.