BlackBerry (NYSE:BB) Updates Q1 2026 Earnings Guidance

BlackBerry (NYSE:BB - Get Free Report) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.010-0.000 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

Several research firms have commented on BB. TD Securities upgraded BlackBerry from a "hold" rating to a "buy" rating and raised their price objective for the stock from $3.25 to $4.00 in a report on Friday, December 20th. StockNews.com downgraded BlackBerry from a "hold" rating to a "sell" rating in a research note on Wednesday, April 2nd. TD Cowen upgraded BlackBerry from a "hold" rating to a "buy" rating and increased their price target for the company from $3.25 to $4.00 in a research note on Friday, December 20th. CIBC cut their price objective on shares of BlackBerry from $7.00 to $6.00 and set an "outperformer" rating on the stock in a report on Thursday. Finally, Robert W. Baird lifted their target price on shares of BlackBerry from $3.00 to $3.50 and gave the stock a "neutral" rating in a research note on Friday, December 20th. One research analyst has rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $4.12.

BlackBerry Stock Performance

Shares of BlackBerry stock traded down $0.10 during trading on Monday, hitting $2.92. 9,465,422 shares of the company's stock were exchanged, compared to its average volume of 13,451,375. The business has a 50-day simple moving average of $4.63 and a 200-day simple moving average of $3.52. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of -13.25 and a beta of 1.30. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. BlackBerry has a 52-week low of $2.01 and a 52-week high of $6.24.

BlackBerry (NYSE:BB - Get Free Report) last announced its quarterly earnings results on Wednesday, April 2nd. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.01. BlackBerry had a negative return on equity of 2.02% and a negative net margin of 21.16%. The company had revenue of $141.70 million during the quarter, compared to analysts' expectations of $137.56 million. During the same period last year, the business earned $0.03 earnings per share. BlackBerry's quarterly revenue was down 7.3% on a year-over-year basis. On average, research analysts forecast that BlackBerry will post -0.03 EPS for the current year.

Insider Buying and Selling

In related news, CAO Jay P. Chai sold 24,425 shares of BlackBerry stock in a transaction on Friday, January 24th. The shares were sold at an average price of $4.19, for a total value of $102,340.75. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.34% of the stock is currently owned by insiders.

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.