Raymond James Financial Comments on BlackBerry Q3 Earnings

BlackBerry Limited (TSE:BB) (NASDAQ:BBRY) – Raymond James Financial cut their Q3 2026 earnings estimates for shares of BlackBerry in a research report issued on Wednesday, June 25th. Raymond James Financial analyst S. Li now expects that the company will earn $0.02 per share for the quarter, down from their prior forecast of $0.05. The consensus estimate for BlackBerry’s current full-year earnings is $0.06 per share.

Separately, Canaccord Genuity Group upped their price target on BlackBerry from C$3.00 to C$4.75 and gave the company a “hold” rating in a research report on Tuesday, March 11th.

BlackBerry Stock Up 0.8%

Shares of TSE BB opened at C$6.26 on Monday. The company has a 50 day simple moving average of C$5.48 and a 200 day simple moving average of C$5.78. The company has a debt-to-equity ratio of 30.90, a current ratio of 1.37 and a quick ratio of 1.49. BlackBerry has a 1 year low of C$2.89 and a 1 year high of C$8.86. The firm has a market cap of C$2.59 billion, a PE ratio of -20.17, a price-to-earnings-growth ratio of 0.06 and a beta of 1.07.

Insiders Place Their Bets

In related news, Senior Officer Philip Simon Kurtz sold 16,217 shares of BlackBerry stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of C$7.20, for a total transaction of C$116,762.40. Corporate insiders own 1.70% of the company’s stock.

About BlackBerry

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.