BlackBerry (NYSE:BB) Issues Q2 2027 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.030-0.040 for the period, compared to the consensus estimate of 0.040. The company issued revenue guidance of $137.0 million-$148.0 million, compared to the consensus revenue estimate of $139.4 million. BlackBerry also updated its FY 2027 guidance to 0.160-0.200 EPS.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Canadian Imperial Bank of Commerce raised their price objective on BlackBerry from $8.50 to $10.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th. Canaccord Genuity Group boosted their price objective on shares of BlackBerry from $4.40 to $8.20 and gave the company a “hold” rating in a research report on Wednesday. Stifel Nicolaus assumed coverage on shares of BlackBerry in a report on Wednesday. They issued a “buy” rating and a $12.00 target price on the stock. Royal Bank Of Canada restated a “sector perform” rating and issued a $4.50 target price on shares of BlackBerry in a research note on Friday, April 10th. Finally, Weiss Ratings raised BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, BlackBerry has a consensus rating of “Hold” and a consensus price target of $7.17.

BlackBerry Stock Performance

BB opened at $10.29 on Friday. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.26. The business’s 50 day moving average is $7.37 and its 200-day moving average is $4.97. The stock has a market cap of $6.03 billion, a PE ratio of 128.58 and a beta of 2.29. BlackBerry has a twelve month low of $3.12 and a twelve month high of $10.93.

BlackBerry (NYSE:BB) last issued its quarterly earnings data on Thursday, June 25th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $152.90 million during the quarter, compared to analyst estimates of $139.81 million. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.The business’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.02 EPS. BlackBerry has set its FY 2027 guidance at 0.160-0.200 EPS and its Q2 2027 guidance at 0.030-0.040 EPS. On average, analysts predict that BlackBerry will post 0.13 earnings per share for the current year.

Insider Buying and Selling at BlackBerry

In other news, SVP Jennifer Armstrong-Owen sold 29,908 shares of the firm’s stock in a transaction on Saturday, April 4th. The stock was 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 of the company’s stock, valued at approximately $337,854.68. This trade represents a 23.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Joseph Giamatteo sold 27,066 shares of BlackBerry stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $3.56, for a total transaction of $96,354.96. Following the sale, the chief executive officer owned 899,146 shares in the company, valued at approximately $3,200,959.76. This represents a 2.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 73,171 shares of company stock valued at $260,489. Company insiders own 0.51% of the company’s stock.

Trending Headlines about BlackBerry

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: BlackBerry reported Q1 EPS of $0.04, topping estimates, while revenue rose 26% year over year to about $153 million, also above expectations. BlackBerry Reports First Quarter Fiscal Year 2027 Results
• Positive Sentiment: The company raised its fiscal 2027 revenue and EPS outlook, signaling management expects momentum to continue after the quarter’s strong performance. BlackBerry lifts annual revenue forecast as QNX unit powers growth
• Positive Sentiment: QNX growth was a key driver, with the embedded software unit continuing to benefit from automotive and AI-related opportunities, reinforcing the turnaround story. BlackBerry Sees New AI Opportunities as Embedded-Software Business Accelerates
• Positive Sentiment: BlackBerry highlighted stronger cash generation and fifth straight quarter of positive GAAP net income, which supports confidence in profitability improvement. BlackBerry Q1 Earnings Call Highlights QNX Growth & Higher Outlook
• Neutral Sentiment: BlackBerry also announced routine board election results, which are unlikely to materially affect the stock. BlackBerry Announces Election Results for the Company’s Board of Directors

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of BlackBerry by 1.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 823,822 shares of the company’s stock valued at $3,106,000 after acquiring an additional 10,667 shares during the period. Geode Capital Management LLC lifted its position in BlackBerry by 263.2% in the second quarter. Geode Capital Management LLC now owns 1,167,739 shares of the company’s stock worth $5,348,000 after purchasing an additional 846,208 shares during the period. Creative Planning boosted its stake in BlackBerry by 87.5% during the 2nd quarter. Creative Planning now owns 53,413 shares of the company’s stock valued at $245,000 after purchasing an additional 24,921 shares in the last quarter. Flow Traders U.S. LLC bought a new position in BlackBerry during the 2nd quarter valued at $86,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of BlackBerry by 1,390.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,589,886 shares of the company’s stock valued at $71,397,000 after purchasing an additional 14,544,005 shares during the period. 54.48% of the stock is currently owned by institutional investors.

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.