BlackBerry (NYSE:BB) Releases FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY 2026 earnings guidance on Thursday. 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.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on BB shares. Canaccord Genuity Group reissued a “hold” rating and issued a $4.60 price target on shares of BlackBerry in a research note on Friday. Royal Bank Of Canada reiterated a “sector perform” rating and set a $4.50 target price on shares of BlackBerry in a research report on Friday. TD Securities lowered shares of BlackBerry from a “buy” rating to a “hold” rating and increased their target price for the stock from $4.00 to $5.00 in a research note on Friday, October 3rd. Robert W. Baird lifted their price target on shares of BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a research note on Friday, September 26th. Finally, Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a report on Friday, September 26th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, BlackBerry presently has an average rating of “Hold” and a consensus target price of $5.10.

BlackBerry Stock Performance

NYSE BB opened at $3.76 on Friday. The company has a market cap of $2.22 billion, a P/E ratio of 125.51 and a beta of 1.41. The company has a fifty day simple moving average of $4.41 and a 200 day simple moving average 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. BlackBerry has a 12-month low of $2.80 and a 12-month high of $6.24.

BlackBerry (NYSE:BB) last released its quarterly earnings data on Thursday, December 18th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The firm had revenue of $141.80 million for the quarter, compared to analyst estimates of $137.54 million. BlackBerry had a net margin of 4.02% and a return on equity of 8.10%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the firm earned $0.02 earnings per share. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. Sell-side analysts predict that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insider Activity at BlackBerry

In other BlackBerry news, insider Philip S. Kurtz sold 44,178 shares of BlackBerry 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 transaction, 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Joseph Giamatteo sold 28,343 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $4.62, for a total transaction of $130,944.66. Following the completion of the sale, the chief executive officer owned 568,164 shares of the company’s stock, valued at approximately $2,624,917.68. This represents a 4.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 88,565 shares of company stock valued at $423,706 over the last 90 days. Insiders own 0.37% of the company’s stock.

BlackBerry News Summary

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: Q3 beat and FY guidance raise — BlackBerry topped EPS ($0.05 vs $0.04 est.) and revenue estimates, and raised the lower end of its fiscal‑2026 revenue forecast on strong cybersecurity demand, supporting medium‑term growth expectations. Article Title
• Positive Sentiment: Operational wins — Management cited record QNX sales, stronger Secure Communications results, improved operating cash flow and the strongest recent GAAP profitability, which reduce execution risk and support margin leverage. Article Title
• Positive Sentiment: Unusually heavy call‑option buying — Traders purchased ~32,945 calls (≈52% above typical call volume), signaling short‑term bullish positioning or hedging interest that can amplify intraday upside if sentiment turns.
• Neutral Sentiment: Guidance details are mixed — FY EPS was raised to 0.140–0.160 (above consensus), but Q4 EPS guidance of 0.030–0.050 and a revenue range that brackets estimates left some near‑term uncertainty; investors are parsing the cadence of revenue and margin progression. Press Release
• Neutral Sentiment: Analyst stance unchanged — RBC and Canaccord reaffirmed sector‑perform/hold ratings with $4.50–$4.60 targets, leaving a measured institutional view that values upside but remains cautious on execution and cadence. Tickerreport
• Negative Sentiment: Market reaction: shares slipped as investors focused on the near‑term outlook — despite the beats and a raised FY outlook, the after‑hours/next‑day selloff (heavy volume) shows sensitivity to guidance detail and timing of growth recovery. Article Title

Hedge Funds Weigh In On BlackBerry

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

About BlackBerry

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.