BlackBerry (NYSE:BB) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

BlackBerry (NYSE:BB) posted its quarterly earnings data on Thursday. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01, Briefing.com reports. BlackBerry had a return on equity of 11.66% and a net margin of 10.31%.The firm had revenue of $152.90 million during the quarter, compared to the consensus estimate of $136.10 million. During the same period in the prior year, the company earned $0.02 EPS. The firm’s revenue was up 25.6% compared to the same quarter last year. BlackBerry updated its FY 2027 guidance to 0.160-0.200 EPS and its Q2 2027 guidance to 0.030-0.040 EPS.

Here are the key takeaways from BlackBerry’s conference call:

• BlackBerry reported a strong Q1, with revenue of $153 million above the high end of guidance, adjusted EBITDA more than doubling year over year, and positive GAAP net income for the fifth straight quarter.
• QNX was a standout, generating about $72 million in revenue, up 26% year over year, with strong growth in development licenses, royalties, and professional services. Management also highlighted new design wins in automotive and GEM, plus early traction for the newer SDP8 platform.
• Secure Communications posted its strongest quarter in years, with revenue of about $74 million and ARR up more than 5% year over year to $220 million. A large expansion and extension with Shared Services Canada drove the quarter, alongside additional government and defense wins.
• BlackBerry raised its full-year outlook, lifting total company revenue guidance to $594 million-$621 million and adjusted EBITDA guidance to $119 million-$139 million. It also increased QNX and licensing guidance, signaling improved confidence in the business trajectory.
• The company emphasized growing long-term opportunities in physical AI, GEM, and Alloy Kore, saying these could expand QNX’s addressable market and increase software content per vehicle. Management said Alloy Kore remains on track to secure its first design win this fiscal year.

BlackBerry Stock Up 0.6%

Shares of BB stock traded up $0.07 during trading hours on Tuesday, reaching $12.55. The company had a trading volume of 29,612,382 shares, compared to its average volume of 19,641,482. The company has a market capitalization of $7.36 billion, a P/E ratio of 139.07 and a beta of 2.29. BlackBerry has a twelve month low of $3.12 and a twelve month high of $12.93. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.20 and a current ratio of 2.20. The stock’s fifty day simple moving average is $7.67 and its 200 day simple moving average is $5.08.

Insider Buying and Selling

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

Institutional Investors Weigh In On BlackBerry

Large investors have recently modified their holdings of the stock. Virtu Financial LLC acquired a new position in BlackBerry during the fourth quarter valued at $280,000. Invesco Ltd. increased its stake in shares of BlackBerry by 2.4% in the fourth quarter. Invesco Ltd. now owns 128,487 shares of the company’s stock worth $487,000 after purchasing an additional 2,975 shares during the period. Mackenzie Financial Corp increased its stake in shares of BlackBerry by 198.6% in the fourth 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 during the period. XTX Topco Ltd increased its stake in BlackBerry by 624.5% during the fourth quarter. XTX Topco Ltd now owns 430,410 shares of the company’s stock valued at $1,631,000 after acquiring an additional 371,000 shares during the period. Finally, Man Group plc bought a new position in BlackBerry during the fourth quarter valued at about $92,000. 54.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on BB shares. TD Securities reiterated a “hold” rating and set a $8.00 price target on shares of BlackBerry in a report on Friday. Wall Street Zen raised BlackBerry from a “hold” rating to a “buy” rating in a research report on Monday, June 8th. Canaccord Genuity Group lifted their price target on BlackBerry from $8.20 to $10.30 and gave the stock a “hold” rating in a research report on Friday. Weiss Ratings raised BlackBerry from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Finally, Canadian Imperial Bank of Commerce lifted their price target on BlackBerry from $10.00 to $13.00 and gave the company an “outperformer” rating in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $8.92.

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.