BlackBerry Q2 EPS Forecast Cut by Raymond James Financial

BlackBerry Limited (TSE:BB - Free Report) NASDAQ: BBRY - Raymond James Financial dropped their Q2 2026 earnings per share (EPS) estimates for BlackBerry in a note issued to investors on Wednesday, June 25th. Raymond James Financial analyst S. Li now forecasts that the company will post earnings per share of $0.00 for the quarter, down from their previous forecast of $0.02. The consensus estimate for BlackBerry's current full-year earnings is $0.06 per share. Raymond James Financial also issued estimates for BlackBerry's Q4 2026 earnings at $0.03 EPS.

Separately, Canaccord Genuity Group increased their target price on shares of BlackBerry from C$3.00 to C$4.75 and gave the company a "hold" rating in a research note on Tuesday, March 11th.

BlackBerry Stock Performance

TSE BB traded up C$0.05 during trading on Friday, hitting C$6.26. The company's stock had a trading volume of 3,077,903 shares, compared to its average volume of 2,519,287. BlackBerry has a 52 week low of C$2.89 and a 52 week high of C$8.86. The company has a quick ratio of 1.49, a current ratio of 1.37 and a debt-to-equity ratio of 30.90. The firm has a market cap of C$2.59 billion, a P/E ratio of -20.17, a price-to-earnings-growth ratio of 0.06 and a beta of 1.07. The firm has a 50 day moving average price of C$5.40 and a 200 day moving average price of C$5.76.

Insider Buying and Selling

In other BlackBerry news, Senior Officer Philip Simon Kurtz sold 16,217 shares of the stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of C$7.20, for a total value of C$116,762.40. 1.70% of the stock is currently owned by corporate 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.