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BlackBerry Q3 EPS Lowered by Raymond James Financial

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

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

Read Our Latest Stock Report on BB

BlackBerry Stock Performance

Shares of TSE:BB traded up C$0.09 on Monday, hitting C$5.84. 2,651,489 shares of the company were exchanged, compared to its average volume of 2,537,838. The firm has a market capitalization of C$2.42 billion, a P/E ratio of -18.81, a price-to-earnings-growth ratio of 0.06 and a beta of 1.07. The company has a current ratio of 1.37, a quick ratio of 1.49 and a debt-to-equity ratio of 30.90. BlackBerry has a 1-year low of C$2.89 and a 1-year high of C$8.86. The stock's 50 day moving average price is C$5.50 and its 200 day moving average price is C$5.78.

Insiders Place Their Bets

In related news, Senior Officer Philip Simon Kurtz sold 16,217 shares of the company's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of C$7.20, for a total transaction of C$116,762.40. Insiders own 1.70% of the company's stock.

BlackBerry Company Profile

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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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Earnings History and Estimates for BlackBerry (TSE:BB)

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