BlackBerry (NYSE:BB) Issues Q1 2026 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of -0.010-0.000 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $107.0 million-$115.0 million, compared to the consensus revenue estimate of $128.0 million. BlackBerry also updated its FY 2026 guidance to 0.080-0.100 EPS.

Analysts Set New Price Targets

BB has been the subject of several research analyst reports. TD Securities upgraded shares of BlackBerry from a “hold” rating to a “buy” rating and upped their price target for the stock from $3.25 to $4.00 in a research report on Friday, December 20th. Robert W. Baird lifted their price target on BlackBerry from $3.00 to $3.50 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Royal Bank of Canada reiterated a “sector perform” rating and set a $4.00 price target on shares of BlackBerry in a research report on Tuesday. StockNews.com lowered BlackBerry from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Canaccord Genuity Group upped their target price on shares of BlackBerry from $3.00 to $4.75 and gave the stock a “hold” rating in a report on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $3.91.

BlackBerry Trading Down 9.4 %

Shares of BlackBerry stock opened at $3.38 on Thursday. BlackBerry has a fifty-two week low of $2.01 and a fifty-two week high of $6.24. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of -15.36 and a beta of 1.30. The stock has a 50 day moving average of $4.67 and a 200 day moving average of $3.51.

BlackBerry (NYSE:BB) last issued its quarterly earnings data on Wednesday, April 2nd. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. BlackBerry had a negative net margin of 21.16% and a negative return on equity of 2.02%. The firm had revenue of $141.70 million for the quarter, compared to analyst estimates of $137.56 million. During the same period in the previous year, the firm earned $0.03 EPS. BlackBerry’s revenue was down 7.3% on a year-over-year basis. As a group, research analysts predict that BlackBerry will post -0.03 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Jay P. Chai sold 24,425 shares of BlackBerry stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $4.19, for a total transaction of $102,340.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO John Joseph Giamatteo sold 29,402 shares of BlackBerry stock in a transaction on Monday, January 6th. The shares were sold at an average price of $4.00, for a total transaction of $117,608.00. Following the completion of the transaction, the chief executive officer now owns 490,761 shares in the company, valued at approximately $1,963,044. This represents a 5.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 69,308 shares of company stock worth $281,914 in the last ninety days. 0.34% of the stock is owned by corporate insiders.

BlackBerry Company Profile

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.