BlackBerry’s (BB) Sector Perform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reissued their sector perform rating on shares of BlackBerry (NYSE:BB) in a report released on Friday,Benzinga reports. Royal Bank Of Canada currently has a $4.50 price objective on the stock.

BB has been the subject of a number of other research reports. Zacks Research lowered shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Wall Street Zen upgraded BlackBerry from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Canaccord Genuity Group reissued a “hold” rating and set a $4.60 price objective on shares of BlackBerry in a research report on Friday. Robert W. Baird raised their target price on BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a report on Friday, September 26th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BlackBerry in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $5.10.

BlackBerry Stock Down 13.1%

Shares of BlackBerry stock opened at $3.76 on Friday. BlackBerry has a 12-month low of $2.80 and a 12-month high of $6.24. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.27. The stock has a 50 day moving average price of $4.41 and a two-hundred day moving average price of $4.21. The stock has a market capitalization of $2.22 billion, a P/E ratio of 125.51 and a beta of 1.41.

BlackBerry (NYSE:BB) last released its quarterly earnings results on Thursday, December 18th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The company had revenue of $141.80 million for the quarter, compared to analyst estimates of $137.54 million. BlackBerry had a net margin of 4.02% and a return on equity of 8.10%. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.02 earnings per share. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. Equities analysts expect that BlackBerry will post -0.03 earnings per share for the current year.

Insider Buying and Selling at BlackBerry

In other news, CEO John Joseph Giamatteo sold 28,343 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $4.62, for a total transaction of $130,944.66. Following the sale, the chief executive officer directly owned 568,164 shares in the company, valued at approximately $2,624,917.68. The trade was a 4.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Mattias Eriksson sold 5,914 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $4.62, for a total value of $27,322.68. Following the completion of the transaction, the insider owned 291,340 shares of the company’s stock, valued at $1,345,990.80. The trade was a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 88,565 shares of company stock valued at $423,706 in the last quarter. Corporate insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On BlackBerry

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of BlackBerry by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 23,084,515 shares of the company’s stock worth $86,936,000 after acquiring an additional 218,684 shares during the period. Voya Investment Management LLC bought a new stake in BlackBerry in the first quarter valued at about $95,166,000. NewGen Equity Long Short Fund acquired a new position in BlackBerry in the second quarter worth about $12,366,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in BlackBerry by 103.9% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 312,472 shares of the company’s stock worth $1,431,000 after purchasing an additional 159,203 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in BlackBerry by 7.0% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,086,634 shares of the company’s stock valued at $4,093,000 after purchasing an additional 71,057 shares in the last quarter. Institutional investors own 54.48% of the company’s stock.

Key Headlines Impacting BlackBerry

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: Q3 beat and FY guidance raise — BlackBerry topped EPS ($0.05 vs $0.04 est.) and revenue estimates, and raised the lower end of its fiscal‑2026 revenue forecast on strong cybersecurity demand, supporting medium‑term growth expectations. Article Title
• Positive Sentiment: Operational wins — Management cited record QNX sales, stronger Secure Communications results, improved operating cash flow and the strongest recent GAAP profitability, which reduce execution risk and support margin leverage. Article Title
• Positive Sentiment: Unusually heavy call‑option buying — Traders purchased ~32,945 calls (≈52% above typical call volume), signaling short‑term bullish positioning or hedging interest that can amplify intraday upside if sentiment turns.
• Neutral Sentiment: Guidance details are mixed — FY EPS was raised to 0.140–0.160 (above consensus), but Q4 EPS guidance of 0.030–0.050 and a revenue range that brackets estimates left some near‑term uncertainty; investors are parsing the cadence of revenue and margin progression. Press Release
• Neutral Sentiment: Analyst stance unchanged — RBC and Canaccord reaffirmed sector‑perform/hold ratings with $4.50–$4.60 targets, leaving a measured institutional view that values upside but remains cautious on execution and cadence. Tickerreport
• Negative Sentiment: Market reaction: shares slipped as investors focused on the near‑term outlook — despite the beats and a raised FY outlook, the after‑hours/next‑day selloff (heavy volume) shows sensitivity to guidance detail and timing of growth recovery. Article Title

BlackBerry Company Profile

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.

At the heart of BlackBerry’s offerings is the BlackBerry Spark® platform, which combines unified endpoint management (UEM), secure communications, and artificial intelligence–driven threat detection into a single framework.