BlackBerry (NYSE:BB) Releases Q1 2027 Earnings Guidance

BlackBerry (NYSE:BB) issued an update on its first quarter 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.020-0.030 for the period, compared to the consensus estimate of 0.020. The company issued revenue guidance of $132.0 million-$140.0 million, compared to the consensus revenue estimate of $129.8 million. BlackBerry also updated its FY 2027 guidance to 0.150-0.190 EPS.

BlackBerry Stock Up 11.8%

Shares of NYSE BB traded up $0.42 during mid-day trading on Thursday, hitting $3.95. The company had a trading volume of 14,506,537 shares, compared to its average volume of 7,582,254. The company has a market capitalization of $2.32 billion, a PE ratio of 131.54 and a beta of 1.70. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.14 and a quick ratio of 2.14. BlackBerry has a 1-year low of $3.04 and a 1-year high of $5.32. The business’s 50-day simple moving average is $3.41 and its 200 day simple moving average is $3.98.

BlackBerry (NYSE:BB) last announced its quarterly earnings data on Thursday, April 9th. The company reported $0.06 earnings per share (EPS) for the quarter, beating 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%.The business’s revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, analysts predict that BlackBerry will post -0.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other BlackBerry news, CEO John Joseph Giamatteo sold 27,066 shares of the firm’s stock in a transaction on 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 $3,200,959.76. This trade represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the firm’s stock in a transaction on Saturday, April 4th. The shares were sold at an average price of $3.56, for a total value of $106,472.48. Following the completion of the sale, the senior vice president owned 94,903 shares in the company, valued at approximately $337,854.68. This represents a 23.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 73,171 shares of company stock worth $260,489. 0.37% of the stock is owned by insiders.

Hedge Funds Weigh In On BlackBerry

Hedge funds have recently made changes to their positions in the company. FIL Ltd grew its holdings in shares of BlackBerry by 19.3% during the fourth quarter. FIL Ltd now owns 46,919 shares of the company’s stock worth $177,000 after purchasing an additional 7,596 shares during the last quarter. Mariner LLC grew its holdings in shares of BlackBerry by 54.7% during the fourth quarter. Mariner LLC now owns 22,650 shares of the company’s stock worth $86,000 after purchasing an additional 8,012 shares during the last quarter. Bank of Nova Scotia purchased a new position in shares of BlackBerry during the fourth quarter worth about $75,000. Public Sector Pension Investment Board purchased a new position in shares of BlackBerry during the fourth quarter worth about $119,000. Finally, Scientech Research LLC purchased a new position in shares of BlackBerry during the third quarter worth about $216,000. Hedge funds and other institutional investors own 54.48% of the company’s stock.

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.