BlackBerry (NYSE:BB) Releases FY 2027 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 0.160-0.200 for the period, compared to the consensus earnings per share estimate of 0.170. The company issued revenue guidance of $594.0 million-$621.0 million, compared to the consensus revenue estimate of $601.7 million. BlackBerry also updated its Q2 2027 guidance to 0.030-0.040 EPS.

BlackBerry Stock Up 19.3%

NYSE BB opened at $10.29 on Friday. The business has a fifty day moving average price of $7.37 and a 200 day moving average price of $4.97. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.12 and a current ratio of 2.12. The company has a market cap of $6.03 billion, a P/E ratio of 128.58 and a beta of 2.29. BlackBerry has a one year low of $3.12 and a one year high of $10.93.

BlackBerry (NYSE:BB) last released its earnings results on Thursday, June 25th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $152.90 million during the quarter, compared to analyst estimates of $139.81 million. BlackBerry had a net margin of 9.69% and a return on equity of 10.09%. The company’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.02 earnings per share. BlackBerry has set its FY 2027 guidance at 0.160-0.200 EPS and its Q2 2027 guidance at 0.030-0.040 EPS. Research analysts anticipate that BlackBerry will post 0.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $4.50 price objective on shares of BlackBerry in a report on Friday, April 10th. Canadian Imperial Bank of Commerce upped their price target on BlackBerry from $8.50 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Canaccord Genuity Group lifted their price objective on BlackBerry from $4.40 to $8.20 and gave the stock a “hold” rating in a research report on Wednesday. Wall Street Zen raised BlackBerry from a “hold” rating to a “buy” rating in a research note on Monday, June 8th. Finally, Stifel Nicolaus assumed coverage on shares of BlackBerry in a research report on Wednesday. They set a “buy” rating and a $12.00 price target on the stock. Two investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $7.17.

Insider Transactions at BlackBerry

In other news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the business’s stock in a transaction that occurred on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the sale, the senior vice president directly owned 94,903 shares of the company’s stock, valued at approximately $337,854.68. The trade was a 23.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Joseph Giamatteo sold 27,066 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total transaction of $96,354.96. Following the completion of the transaction, the chief executive officer owned 899,146 shares in the company, valued at approximately $3,200,959.76. This represents a 2.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 73,171 shares of company stock valued at $260,489. Company insiders own 0.51% of the company’s stock.

BlackBerry News Roundup

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: BlackBerry reported Q1 EPS of $0.04, topping estimates, while revenue rose 26% year over year to about $153 million, also above expectations. BlackBerry Reports First Quarter Fiscal Year 2027 Results
• Positive Sentiment: The company raised its fiscal 2027 revenue and EPS outlook, signaling management expects momentum to continue after the quarter’s strong performance. BlackBerry lifts annual revenue forecast as QNX unit powers growth
• Positive Sentiment: QNX growth was a key driver, with the embedded software unit continuing to benefit from automotive and AI-related opportunities, reinforcing the turnaround story. BlackBerry Sees New AI Opportunities as Embedded-Software Business Accelerates
• Positive Sentiment: BlackBerry highlighted stronger cash generation and fifth straight quarter of positive GAAP net income, which supports confidence in profitability improvement. BlackBerry Q1 Earnings Call Highlights QNX Growth & Higher Outlook
• Neutral Sentiment: BlackBerry also announced routine board election results, which are unlikely to materially affect the stock. BlackBerry Announces Election Results for the Company’s Board of Directors

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Virtu Financial LLC purchased a new stake in BlackBerry during the 4th quarter worth approximately $280,000. Invesco Ltd. grew its stake in shares of BlackBerry by 2.4% in the fourth quarter. Invesco Ltd. now owns 128,487 shares of the company’s stock worth $487,000 after acquiring an additional 2,975 shares in the last quarter. Mackenzie Financial Corp raised its stake in shares of BlackBerry by 198.6% in the fourth quarter. Mackenzie Financial Corp now owns 1,199,811 shares of the company’s stock valued at $4,537,000 after acquiring an additional 797,970 shares in the last quarter. XTX Topco Ltd grew its stake in BlackBerry by 624.5% during the 4th quarter. XTX Topco Ltd now owns 430,410 shares of the company’s stock worth $1,631,000 after purchasing an additional 371,000 shares in the last quarter. Finally, Man Group plc purchased a new stake in BlackBerry during the 4th quarter worth about $92,000. Institutional investors and hedge funds own 54.48% of the company’s stock.

BlackBerry Company Profile

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry’s core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.

At the heart of BlackBerry’s offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.