BlackBerry (NYSE:BB) Updates FY 2027 Earnings Guidance

09 Apr 2026, 16:10 by Tristan Rich · The Markets Daily

BlackBerry (NYSE:BB – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.150-0.190 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $584.0 million-$611.0 million, compared to the consensus revenue estimate of $578.4 million. BlackBerry also updated its Q1 2027 guidance to 0.020-0.030 EPS.

BlackBerry Price Performance

NYSE:BB traded up $0.42 during midday trading on Thursday, hitting $3.95. 14,506,537 shares of the stock were exchanged, compared to its average volume of 7,582,254. BlackBerry has a one year low of $3.04 and a one year high of $5.32. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of 131.54 and a beta of 1.70. The business has a 50-day moving average price of $3.41 and a two-hundred day moving average price of $3.98. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.26.

BlackBerry (NYSE:BB – Get Free Report) last announced its earnings results on Thursday, April 9th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. BlackBerry had a return on equity of 8.05% and a net margin of 4.02%.During the same quarter in the previous year, the business earned $0.03 EPS. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. BlackBerry has set its Q1 2027 guidance at 0.020-0.030 EPS and its FY 2027 guidance at 0.150-0.190 EPS. Sell-side analysts predict that BlackBerry will post -0.03 EPS for the current year.

Analyst Ratings Changes

BB has been the topic of several recent research reports. Canaccord Genuity Group restated a “hold” rating and issued a $4.60 price target on shares of BlackBerry in a research report on Friday, December 19th. Wall Street Zen lowered shares of BlackBerry from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Royal Bank Of Canada restated a “sector perform” rating and issued a $4.50 price target on shares of BlackBerry in a research report on Friday, December 19th. Weiss Ratings restated a “sell (d+)” rating on shares of BlackBerry in a research report on Wednesday, March 25th. Finally, TD Securities upgraded shares of BlackBerry to a “hold” rating in a research report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $4.92.

Check Out Our Latest Report on BlackBerry

Insider Activity at BlackBerry

In other BlackBerry news, SVP Jennifer Armstrong-Owen sold 29,908 shares of BlackBerry stock in a transaction that occurred on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total transaction of $106,472.48. Following the transaction, the senior vice president directly owned 94,903 shares in the company, valued at approximately $337,854.68. The trade was a 23.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO John Joseph Giamatteo sold 27,066 shares of BlackBerry stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total transaction of $96,354.96. Following the transaction, the chief executive officer owned 899,146 shares in the company, valued at approximately $3,200,959.76. The trade was a 2.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 73,171 shares of company stock worth $260,489. Corporate insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On BlackBerry

Several institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC purchased a new position in shares of BlackBerry during the 4th quarter valued at $280,000. Invesco Ltd. grew its holdings in shares of BlackBerry by 2.4% during the 4th quarter. Invesco Ltd. now owns 128,487 shares of the company’s stock valued at $487,000 after acquiring an additional 2,975 shares in the last quarter. Mackenzie Financial Corp grew its holdings in shares of BlackBerry by 198.6% during the 4th quarter. Mackenzie Financial Corp now owns 1,199,811 shares of the company’s stock valued at $4,537,000 after acquiring an additional 797,970 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of BlackBerry by 624.5% during the 4th quarter. XTX Topco Ltd now owns 430,410 shares of the company’s stock valued at $1,631,000 after acquiring an additional 371,000 shares in the last quarter. Finally, Man Group plc purchased a new position in shares of BlackBerry during the 4th quarter valued at $92,000. 54.48% of the stock is currently owned by hedge funds and other institutional investors.

BlackBerry Company Profile

(Get Free Report)

BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian enterprise software and cybersecurity company based in Waterloo, Ontario. Since its founding in 1984, the firm has evolved from a pioneer in mobile devices into a specialist in secure communications, endpoint management, and embedded systems software. BlackBerry’s core mission today centers on delivering security-first solutions that protect critical data and infrastructure across diverse industries.