BlackBerry (NYSE:BB) Releases FY 2025 Earnings Guidance

BlackBerry (NYSE:BBGet Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of -0.020-0.000 for the period, compared to the consensus EPS estimate of -0.020. The company issued revenue guidance of $517.0 million-$526.0 million, compared to the consensus revenue estimate of $603.1 million. BlackBerry also updated its Q4 2025 guidance to -0.010-0.010 EPS.

BlackBerry Price Performance

BB traded down $0.03 during trading on Thursday, hitting $2.98. 20,702,389 shares of the stock traded hands, compared to its average volume of 9,563,922. The business has a 50 day moving average price of $2.52 and a 200 day moving average price of $2.45. BlackBerry has a twelve month low of $2.01 and a twelve month high of $4.27. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 1.44. The company has a market cap of $1.76 billion, a price-to-earnings ratio of -11.92 and a beta of 1.43.

BlackBerry (NYSE:BBGet Free Report) last posted its earnings results on Thursday, September 26th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02. The company had revenue of $145.00 million for the quarter, compared to analyst estimates of $138.82 million. BlackBerry had a negative return on equity of 3.38% and a negative net margin of 21.66%. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.06) earnings per share. Equities research analysts forecast that BlackBerry will post -0.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BB has been the subject of several recent analyst reports. Royal Bank of Canada upped their price objective on shares of BlackBerry from $3.00 to $3.25 and gave the company a “sector perform” rating in a research note on Tuesday. TD Securities raised their price objective on BlackBerry from $2.75 to $3.25 and gave the company a “hold” rating in a research report on Wednesday. StockNews.com upgraded shares of BlackBerry from a “sell” rating to a “hold” rating in a research note on Monday, December 9th. CIBC boosted their target price on BlackBerry from $3.50 to $3.60 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Finally, Canaccord Genuity Group lifted their price objective on BlackBerry from $2.70 to $2.80 and gave the stock a “hold” rating in a report on Friday, October 18th. Seven equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $3.34.

Read Our Latest Stock Analysis on BB

Insider Buying and Selling

In other news, insider Philip S. Kurtz sold 15,005 shares of the firm’s stock in a transaction dated Saturday, September 28th. The shares were sold at an average price of $2.53, for a total value of $37,962.65. Following the transaction, the insider now directly owns 30,129 shares of the company’s stock, valued at approximately $76,226.37. This trade represents a 33.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.34% of the stock is owned by corporate insiders.

BlackBerry Company Profile

(Get Free Report)

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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