What is Raymond James' Estimate for BlackBerry Q1 Earnings?

BlackBerry Limited (NYSE:BB - Free Report) - Analysts at Raymond James issued their Q1 2026 earnings per share estimates for BlackBerry in a research report issued on Wednesday, April 2nd. Raymond James analyst S. Li forecasts that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for BlackBerry's current full-year earnings is ($0.03) per share. Raymond James also issued estimates for BlackBerry's Q4 2026 earnings at $0.03 EPS and FY2026 earnings at $0.06 EPS.

BB has been the topic of a number of other reports. Canaccord Genuity Group lowered their target price on BlackBerry from $4.75 to $4.25 and set a "hold" rating on the stock in a research note on Thursday, April 3rd. Robert W. Baird boosted their target price on shares of BlackBerry from $3.00 to $3.50 and gave the company a "neutral" rating in a research note on Friday, December 20th. StockNews.com upgraded shares of BlackBerry from a "sell" rating to a "hold" rating in a research note on Friday. CIBC lowered their price target on shares of BlackBerry from $7.00 to $6.00 and set an "outperformer" rating on the stock in a report on Thursday, April 3rd. Finally, TD Securities raised BlackBerry from a "hold" rating to a "buy" rating and increased their price objective for the company from $3.25 to $4.00 in a report on Friday, December 20th. Six investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, BlackBerry presently has an average rating of "Hold" and a consensus price target of $4.12.

BlackBerry Stock Performance

BB stock traded up $0.03 during midday trading on Monday, hitting $3.17. The company's stock had a trading volume of 15,870,755 shares, compared to its average volume of 13,616,276. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of -14.39 and a beta of 1.30. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27. The stock's 50-day moving average price is $4.48 and its 200 day moving average price is $3.53. BlackBerry has a 1 year low of $2.01 and a 1 year high of $6.24.

BlackBerry (NYSE:BB - Get Free Report) last posted its earnings results on Wednesday, April 2nd. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01. The firm had revenue of $141.70 million for the quarter, compared to analysts' expectations of $137.56 million. BlackBerry had a negative net margin of 21.16% and a negative return on equity of 2.02%. The company's quarterly revenue was down 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.03 EPS.

Insider Buying and Selling

In other BlackBerry news, CAO Jay P. Chai sold 24,425 shares of BlackBerry stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $4.19, for a total transaction of $102,340.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jennifer Armstrong-Owen sold 29,940 shares of the stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $2.99, for a total transaction of $89,520.60. Following the completion of the sale, the senior vice president now directly owns 42,398 shares in the company, valued at approximately $126,770.02. The trade was a 41.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 61,641 shares of company stock valued at $214,365. Company insiders own 0.34% of the company's stock.

Institutional Trading of BlackBerry

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its holdings in BlackBerry by 216.2% in the 1st quarter. Parallel Advisors LLC now owns 7,156 shares of the company's stock valued at $27,000 after purchasing an additional 4,893 shares during the period. Tower Research Capital LLC TRC raised its position in shares of BlackBerry by 63.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,773 shares of the company's stock worth $37,000 after buying an additional 3,811 shares in the last quarter. Quantinno Capital Management LP bought a new stake in BlackBerry during the third quarter valued at $38,000. Masso Torrence Wealth Management Inc. purchased a new position in BlackBerry during the fourth quarter worth about $38,000. Finally, Mindset Wealth Management LLC purchased a new position in BlackBerry during the fourth quarter worth about $38,000. Institutional investors own 54.48% of the company's stock.

BlackBerry Company Profile

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.