BlackBerry Q3 EPS Reduced by Raymond James Financial

BlackBerry Limited (TSE:BB - Free Report) NASDAQ: BBRY - Equities research analysts at Raymond James Financial decreased their Q3 2026 earnings per share estimates for BlackBerry in a note issued to investors on Wednesday, June 25th. Raymond James Financial analyst S. Li now expects that the company will post earnings per share of $0.02 for the quarter, down from their previous estimate of $0.05. The consensus estimate for BlackBerry's current full-year earnings is $0.06 per share.

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

BlackBerry Trading Down 3.7%

BB stock opened at C$6.21 on Monday. BlackBerry has a one year low of C$2.89 and a one year high of C$8.86. The company has a market capitalization of C$2.57 billion, a PE ratio of -20.01, a price-to-earnings-growth ratio of 0.06 and a beta of 1.07. The company's 50 day moving average price is C$5.40 and its two-hundred day moving average price is C$5.76. The company has a debt-to-equity ratio of 30.90, a quick ratio of 1.49 and a current ratio of 1.37.

Insider Buying and Selling

In other news, Senior Officer Philip Simon Kurtz sold 16,217 shares of the stock in a transaction on Tuesday, June 24th. The stock was 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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.