Analysts Issue Forecasts for BlackBerry Q2 Earnings

BlackBerry Limited (NYSE:BB - Free Report) - Equities research analysts at Raymond James Financial cut their Q2 2026 earnings per share (EPS) estimates for shares of BlackBerry in a report released on Wednesday, June 25th. Raymond James Financial analyst S. Li now expects that the company will post earnings of $0.00 per share for the quarter, down from their previous forecast of $0.01. The consensus estimate for BlackBerry's current full-year earnings is ($0.03) per share. Raymond James Financial also issued estimates for BlackBerry's Q3 2026 earnings at $0.02 EPS and Q4 2026 earnings at $0.02 EPS.

Several other equities research analysts have also recently issued reports on BB. Royal Bank Of Canada raised their price objective on BlackBerry from $3.75 to $4.00 and gave the stock a "sector perform" rating in a report on Friday, June 20th. Wall Street Zen raised shares of BlackBerry from a "hold" rating to a "buy" rating in a research note on Sunday, June 22nd. CIBC reissued an "outperform" rating on shares of BlackBerry in a research report on Tuesday. Canaccord Genuity Group upped their price target on shares of BlackBerry from $4.25 to $4.60 and gave the stock a "hold" rating in a research report on Tuesday. Finally, Robert W. Baird upped their price objective on BlackBerry from $4.00 to $5.00 and gave the stock a "neutral" rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $4.38.

BlackBerry Stock Performance

Shares of NYSE BB opened at $4.73 on Friday. The company has a 50-day simple moving average of $3.89 and a 200-day simple moving average of $4.05. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.72 and a quick ratio of 1.72. The company has a market cap of $2.81 billion, a PE ratio of -78.75 and a beta of 1.45. BlackBerry has a 12 month low of $2.01 and a 12 month high of $6.24.

BlackBerry (NYSE:BB - Get Free Report) last released its quarterly earnings results on Tuesday, June 24th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.03. BlackBerry had a positive return on equity of 2.29% and a negative net margin of 6.44%. The company had revenue of $121.26 million during the quarter, compared to the consensus estimate of $112.18 million. During the same quarter last year, the business posted ($0.03) earnings per share. BlackBerry's revenue was down 15.5% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC increased its position in shares of BlackBerry by 216.2% during the first quarter. Parallel Advisors LLC now owns 7,156 shares of the company's stock worth $27,000 after acquiring an additional 4,893 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of BlackBerry by 63.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,773 shares of the company's stock worth $37,000 after buying an additional 3,811 shares during the last quarter. Chicago Partners Investment Group LLC bought a new position in BlackBerry during the 1st quarter valued at $37,000. Mindset Wealth Management LLC acquired a new position in BlackBerry during the 4th quarter worth $38,000. Finally, Quadrant Capital Group LLC increased its position in shares of BlackBerry by 100.3% in the 4th quarter. Quadrant Capital Group LLC now owns 10,000 shares of the company's stock worth $38,000 after purchasing an additional 5,008 shares during the last quarter. 54.48% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at BlackBerry

In related news, insider Philip S. Kurtz sold 16,217 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $5.25, for a total transaction of $85,139.25. Following the transaction, the insider now directly owns 57,503 shares of the company's stock, valued at approximately $301,890.75. The trade was a 22.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Jennifer Armstrong-Owen sold 29,940 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $2.99, for a total transaction of $89,520.60. Following the completion of the sale, the senior vice president now directly owns 42,398 shares of the company's stock, valued at $126,770.02. This trade represents a 41.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold 53,433 shares of company stock valued at $197,164 over the last 90 days. Corporate insiders own 0.37% of the company's stock.

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.

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