BlackBerry (NYSE:BB) Earns Sector Perform Rating from Royal Bank Of Canada

BlackBerry (NYSE:BB)‘s stock had its “sector perform” rating reissued by Royal Bank Of Canada in a research report issued on Friday,Benzinga reports. They currently have a $4.50 price objective on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 19.55% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Zacks Research downgraded shares of BlackBerry from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Robert W. Baird increased their price objective on BlackBerry from $5.00 to $5.50 and gave the stock a “neutral” rating in a research report on Friday, September 26th. Wall Street Zen upgraded BlackBerry from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. TD Securities lowered BlackBerry from a “buy” rating to a “hold” rating and upped their price target for the company from $4.00 to $5.00 in a research note on Friday, October 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of BlackBerry in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, BlackBerry currently has an average rating of “Hold” and a consensus target price of $5.10.

BlackBerry Stock Down 13.1%

NYSE BB opened at $3.76 on Friday. The business’s fifty day simple moving average is $4.41 and its 200-day simple moving average is $4.21. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.27. The firm has a market cap of $2.22 billion, a PE ratio of 125.51 and a beta of 1.41. BlackBerry has a 52 week low of $2.80 and a 52 week high of $6.24.

BlackBerry (NYSE:BB) last announced its quarterly earnings data on Thursday, December 18th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. BlackBerry had a net margin of 4.02% and a return on equity of 8.10%. The firm had revenue of $141.80 million during the quarter, compared to analyst estimates of $137.54 million. During the same quarter in the prior year, the firm posted $0.02 earnings per share. BlackBerry’s quarterly revenue was down 1.3% on a year-over-year basis. BlackBerry has set its FY 2026 guidance at 0.140-0.160 EPS and its Q4 2026 guidance at 0.030-0.050 EPS. As a group, equities analysts anticipate that BlackBerry will post -0.03 earnings per share for the current year.

Insider Transactions at BlackBerry

In related news, insider Mattias Eriksson sold 5,914 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $4.62, for a total transaction of $27,322.68. Following the completion of the transaction, the insider directly owned 291,340 shares in the company, valued at $1,345,990.80. This trade represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Philip S. Kurtz sold 44,178 shares of BlackBerry stock in a transaction dated Sunday, September 28th. The shares were sold at an average price of $4.95, for a total value of $218,681.10. Following the completion of the transaction, the insider directly owned 95,468 shares of the company’s stock, valued at approximately $472,566.60. This represents a 31.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 88,565 shares of company stock worth $423,706 over the last ninety days. Company insiders own 0.37% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BB. Benjamin Edwards Inc. grew its holdings in shares of BlackBerry by 16.5% in the third quarter. Benjamin Edwards Inc. now owns 17,005 shares of the company’s stock valued at $83,000 after purchasing an additional 2,405 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in BlackBerry by 10.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 27,434 shares of the company’s stock valued at $134,000 after buying an additional 2,569 shares during the period. Raymond James Financial Inc. grew its stake in shares of BlackBerry by 2.1% in the third quarter. Raymond James Financial Inc. now owns 128,998 shares of the company’s stock worth $630,000 after acquiring an additional 2,689 shares in the last quarter. CI Investments Inc. increased its position in shares of BlackBerry by 48.4% during the third quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock worth $41,000 after acquiring an additional 2,745 shares during the period. Finally, Mackenzie Financial Corp increased its position in shares of BlackBerry by 1.1% during the third quarter. Mackenzie Financial Corp now owns 401,841 shares of the company’s stock worth $1,960,000 after acquiring an additional 4,249 shares during the period. Hedge funds and other institutional investors own 54.48% of the company’s stock.

Key Headlines Impacting BlackBerry

Here are the key news stories impacting BlackBerry this week:

• Positive Sentiment: Q3 beat and FY guidance raise — BlackBerry topped EPS ($0.05 vs $0.04 est.) and revenue estimates, and raised the lower end of its fiscal‑2026 revenue forecast on strong cybersecurity demand, supporting medium‑term growth expectations. Article Title
• Positive Sentiment: Operational wins — Management cited record QNX sales, stronger Secure Communications results, improved operating cash flow and the strongest recent GAAP profitability, which reduce execution risk and support margin leverage. Article Title
• Positive Sentiment: Unusually heavy call‑option buying — Traders purchased ~32,945 calls (≈52% above typical call volume), signaling short‑term bullish positioning or hedging interest that can amplify intraday upside if sentiment turns.
• Neutral Sentiment: Guidance details are mixed — FY EPS was raised to 0.140–0.160 (above consensus), but Q4 EPS guidance of 0.030–0.050 and a revenue range that brackets estimates left some near‑term uncertainty; investors are parsing the cadence of revenue and margin progression. Press Release
• Neutral Sentiment: Analyst stance unchanged — RBC and Canaccord reaffirmed sector‑perform/hold ratings with $4.50–$4.60 targets, leaving a measured institutional view that values upside but remains cautious on execution and cadence. Tickerreport
• Negative Sentiment: Market reaction: shares slipped as investors focused on the near‑term outlook — despite the beats and a raised FY outlook, the after‑hours/next‑day selloff (heavy volume) shows sensitivity to guidance detail and timing of growth recovery. Article Title

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.