BlackBerry (NYSE:BB) Releases FY 2027 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 0.160-0.200 for the period, compared to the consensus earnings per share estimate of 0.170. The company issued revenue guidance of $594.0 million-$621.0 million, compared to the consensus revenue estimate of $601.7 million. BlackBerry also updated its Q2 2027 guidance to 0.030-0.040 EPS.

Analyst Upgrades and Downgrades

BB has been the subject of several analyst reports. Weiss Ratings raised shares of BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday. Wall Street Zen raised shares of BlackBerry from a “hold” rating to a “buy” rating in a research report on Monday, June 8th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $4.50 price objective on shares of BlackBerry in a research note on Friday, April 10th. Stifel Nicolaus assumed coverage on shares of BlackBerry in a research note on Wednesday. They issued a “buy” rating and a $12.00 target price for the company. Finally, Canaccord Genuity Group raised their target price on shares of BlackBerry from $4.40 to $8.20 and gave the company a “hold” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $7.17.

BlackBerry Stock Performance

Shares of BlackBerry stock opened at $10.40 on Thursday. The firm has a market capitalization of $6.10 billion, a P/E ratio of 128.84 and a beta of 2.29. BlackBerry has a 52 week low of $3.12 and a 52 week high of $10.93. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average price of $7.25 and a 200 day moving average price of $4.93.

BlackBerry (NYSE:BB) last released its earnings results on Thursday, April 9th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.02. The firm had revenue of $157.96 million for the quarter, compared to the consensus estimate of $144.27 million. BlackBerry had a return on equity of 10.09% and a net margin of 9.69%.The firm’s revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.03 EPS. 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 expect that BlackBerry will post 0.13 EPS for the current year.

Insider Transactions at BlackBerry

In related news, CEO John Joseph Giamatteo sold 27,066 shares of BlackBerry stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $3.56, for a total value of $96,354.96. Following the sale, the chief executive officer directly owned 899,146 shares in the company, valued at approximately $3,200,959.76. The trade was a 2.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the company’s stock in a transaction dated Saturday, April 4th. The shares were sold at an average price of $3.56, for a total transaction of $106,472.48. Following the completion of the sale, the senior vice president directly owned 94,903 shares of the company’s stock, valued at $337,854.68. This represents a 23.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 73,171 shares of company stock valued at $260,489 in the last three months. Corporate insiders own 0.51% of the company’s stock.

Key Stories Impacting BlackBerry

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: BlackBerry delivered a double beat on earnings and revenue, with quarterly revenue growth of about 26% and adjusted EPS above analyst estimates. Conference Call
• Positive Sentiment: The company raised its fiscal 2027 outlook, citing momentum in QNX and new AI-related opportunities in embedded software, which suggests management sees continued growth ahead. Reuters Article
• Positive Sentiment: BlackBerry reported its first cash-positive quarter in nine years on an operating-cash-flow basis, a notable milestone that supports the turnaround story. Press Release
• Positive Sentiment: Stifel initiated coverage with a Buy rating and a $12 price target, reinforcing investor confidence in the company’s shift toward mission-critical software. CNBC Article
• Neutral Sentiment: BlackBerry continues to transition away from its legacy smartphone business, with investor attention now centered on software execution rather than consumer hardware.

Institutional Trading of BlackBerry

Hedge funds and other institutional investors have recently bought and sold shares of the business. State of Wisconsin Investment Board purchased a new stake in BlackBerry during the fourth quarter worth approximately $54,000. AQR Capital Management LLC purchased a new position in BlackBerry during the fourth quarter worth about $55,000. NewEdge Advisors LLC grew its holdings in BlackBerry by 2,349.1% during the third quarter. NewEdge Advisors LLC now owns 11,682 shares of the company’s stock worth $57,000 after acquiring an additional 11,205 shares during the period. Benjamin Edwards Inc. boosted its holdings in BlackBerry by 31.5% during the second quarter. Benjamin Edwards Inc. now owns 14,600 shares of the company’s stock worth $67,000 after buying an additional 3,500 shares in the last quarter. Finally, State of Wyoming purchased a new stake in BlackBerry during the fourth quarter worth $72,000. 54.48% of the stock is currently owned by institutional investors and hedge funds.

About BlackBerry

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.