BlackBerry (NYSE:BB) Updates FY 2026 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.080-0.100 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $504.0 million-$534.0 million, compared to the consensus revenue estimate of $548.4 million. BlackBerry also updated its Q1 2026 guidance to -0.010-0.000 EPS.

BlackBerry Trading Down 0.9 %

BlackBerry stock opened at $3.74 on Wednesday. BlackBerry has a 1 year low of $2.01 and a 1 year high of $6.24. The firm’s 50-day moving average is $4.69 and its 200-day moving average is $3.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. The company has a market cap of $2.23 billion, a P/E ratio of -16.98 and a beta of 1.27.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Canaccord Genuity Group increased their target price on BlackBerry from $3.00 to $4.75 and gave the stock a “hold” rating in a research report on Tuesday, March 11th. TD Cowen upgraded BlackBerry from a “hold” rating to a “buy” rating and raised their target price for the company from $3.25 to $4.00 in a research report on Friday, December 20th. StockNews.com upgraded BlackBerry from a “sell” rating to a “hold” rating in a research report on Monday, December 9th. Robert W. Baird raised their price target on BlackBerry from $3.00 to $3.50 and gave the company a “neutral” rating in a report on Friday, December 20th. Finally, TD Securities raised shares of BlackBerry from a “hold” rating to a “buy” rating and upped their price objective for the stock from $3.25 to $4.00 in a report on Friday, December 20th. Six analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned 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 $3.91.

Insider Buying and Selling at BlackBerry

In other BlackBerry news, CAO Jay P. Chai sold 24,425 shares of the stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Joseph Giamatteo sold 155,815 shares of BlackBerry stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $3.68, for a total value of $573,399.20. Following the sale, the chief executive officer now directly owns 385,552 shares of the company’s stock, valued at approximately $1,418,831.36. The trade was a 28.78 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 244,221 shares of company stock valued at $925,655. 0.34% of the stock is currently owned by corporate insiders.

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.