BlackBerry (NYSE:BB) Updates 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 guidance of 0.020-0.030 for the period, compared to the consensus earnings per share 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 0.6%

BB stock traded up $0.02 during midday trading on Friday, reaching $3.84. 20,561,278 shares of the company were exchanged, compared to its average volume of 10,005,230. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.14 and a current ratio of 2.14. BlackBerry has a 1-year low of $3.04 and a 1-year high of $5.32. The stock’s 50-day simple moving average is $3.42 and its 200 day simple moving average is $3.98. The company has a market cap of $2.26 billion, a price-to-earnings ratio of 48.04 and a beta of 1.70.

BlackBerry (NYSE:BB) last released its quarterly earnings data on Thursday, April 9th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.02. BlackBerry had a net margin of 9.69% and a return on equity of 10.15%. The company had revenue of $157.96 million for the quarter, compared to analysts’ expectations of $144.27 million. During the same quarter last year, the company earned $0.03 earnings per share. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. 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, equities analysts forecast that BlackBerry will post -0.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

BB has been the topic of a number of research analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of BlackBerry in a report on Wednesday, March 25th. TD Securities raised shares of BlackBerry to a “hold” rating in a report on Monday, December 22nd. Wall Street Zen raised shares of BlackBerry from a “hold” rating to a “buy” rating in a report on Saturday. Canaccord Genuity Group cut their target price on shares of BlackBerry from $4.60 to $4.40 and set a “hold” rating on the stock in a report on Friday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $4.50 target price on shares of BlackBerry in a report on Friday. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $4.88.

Insiders Place Their Bets

In other BlackBerry news, CEO John Joseph Giamatteo sold 27,066 shares of the business’s stock in a transaction on 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jennifer Armstrong-Owen sold 29,908 shares of the business’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 sale, the senior vice president owned 94,903 shares in the company, valued at $337,854.68. The trade was a 23.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 73,171 shares of company stock worth $260,489 over the last ninety days. Corporate insiders own 0.37% of the company’s stock.

Trending Headlines about BlackBerry

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: Q4 beat and revenue surge — BlackBerry topped Q4 EPS and revenue estimates (revenue +10% YoY) driven by strong QNX and Secure Communications performance, which is the primary catalyst for the stock rally. BlackBerry’s Shares Rally 8% on Q4 Earnings Beat, Revenues Surge Y/Y
• Positive Sentiment: QNX strength & backlog — QNX reported record quarterly revenue (~$78.7M), expanded its royalty backlog (~$950M) and was highlighted as a key growth engine for embedded software and automotive wins. BlackBerry Reports Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Upbeat FY27 & Q1 guidance — Management issued FY2027 EPS ($0.150–0.190) and Q1 EPS ($0.020–0.030) and raised revenue ranges above consensus, signaling continued top‑line expansion. This helped push sentiment more positive. BlackBerry Earnings Report & Transcript
• Positive Sentiment: Analyst support — RBC reaffirmed a “sector perform” rating and set a $4.50 price target, implying meaningful upside from current levels and lending third‑party validation to the outlook. Benzinga Coverage
• Positive Sentiment: Heavy call buying — Unusual options flow: ~44,579 calls traded (≈+258% vs. normal), which often accompanies bullish positioning after earnings and can amplify intraday upside.
• Neutral Sentiment: Wider media coverage & analyst notes — Major outlets (Reuters/WSJ/Barron’s/Yahoo) ran positive takes on the turnaround and guidance, increasing visibility but not changing fundamentals. Reuters: BlackBerry forecasts upbeat quarterly revenue
• Neutral Sentiment: Earnings materials available — The company published its slide deck and call presentation for deeper detail on segment trends and guidance for investors doing due diligence. Seeking Alpha: Q4 Results & Presentation
• Negative Sentiment: Insider sale — CEO John Giamatteo sold shares shortly after the report; insider sales can create short‑term concern even if the company narrative remains positive. Invezz: CEO John Giamatteo just sold BlackBerry stock

Institutional Investors Weigh In On BlackBerry

Several institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC purchased a new stake in shares of BlackBerry during the 4th quarter worth $280,000. Invesco Ltd. boosted its position in shares of BlackBerry by 2.4% during the 4th quarter. Invesco Ltd. now owns 128,487 shares of the company’s stock worth $487,000 after purchasing an additional 2,975 shares in the last quarter. Mackenzie Financial Corp boosted its position in shares of BlackBerry by 198.6% during the 4th quarter. Mackenzie Financial Corp now owns 1,199,811 shares of the company’s stock worth $4,537,000 after purchasing an additional 797,970 shares in the last quarter. XTX Topco Ltd boosted its position in shares of BlackBerry by 624.5% during the 4th quarter. XTX Topco Ltd now owns 430,410 shares of the company’s stock worth $1,631,000 after purchasing an additional 371,000 shares in the last quarter. Finally, Man Group plc purchased a new stake in shares of BlackBerry during the 4th quarter worth $92,000. 54.48% of the stock is currently owned by hedge funds and other 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.