BlackBerry Q2 EPS Decreased by Raymond James Financial

BlackBerry Limited (NYSE:BB) – Stock analysts at Raymond James Financial cut their Q2 2026 EPS estimates for shares of BlackBerry in a research note issued to investors on Wednesday, June 25th. Raymond James Financial analyst S. Li now anticipates that the company will earn $0.00 per share for the quarter, down from their prior estimate of $0.01. The consensus estimate for BlackBerry’s current full-year earnings is ($0.03) per share. Raymond James Financial also issued estimates for BlackBerry’s Q3 2026 earnings at $0.02 EPS and Q4 2026 earnings at $0.02 EPS.

BlackBerry (NYSE:BB) last issued its quarterly earnings results on Tuesday, June 24th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. BlackBerry had a positive return on equity of 2.29% and a negative net margin of 6.44%. The firm had revenue of $121.26 million during the quarter, compared to the consensus estimate of $112.18 million. During the same period last year, the business posted ($0.03) EPS. The business’s revenue was down 15.5% compared to the same quarter last year.

A number of other analysts also recently weighed in on the company. Robert W. Baird increased their price target on BlackBerry from $4.00 to $5.00 and gave the stock a “neutral” rating in a report on Wednesday. Canaccord Genuity Group increased their price target on BlackBerry from $4.25 to $4.60 and gave the stock a “hold” rating in a report on Tuesday. CIBC reiterated an “outperform” rating on shares of BlackBerry in a report on Tuesday. Royal Bank Of Canada increased their price target on BlackBerry from $3.75 to $4.00 and gave the stock a “sector perform” rating in a report on Friday, June 20th. Finally, Wall Street Zen upgraded BlackBerry from a “hold” rating to a “buy” rating in a research note on Sunday, June 22nd. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $4.62.

BlackBerry Stock Performance

Shares of BlackBerry stock opened at $4.54 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.27. The business has a 50-day moving average price of $3.92 and a two-hundred day moving average price of $4.06. BlackBerry has a 1-year low of $2.01 and a 1-year high of $6.24. The company has a market cap of $2.70 billion, a P/E ratio of -75.58 and a beta of 1.45.

Hedge Funds Weigh In On BlackBerry

A number of hedge funds have recently added to or reduced their stakes in BB. Parallel Advisors LLC boosted its stake in BlackBerry by 216.2% during the 1st quarter. Parallel Advisors LLC now owns 7,156 shares of the company’s stock valued at $27,000 after purchasing an additional 4,893 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in BlackBerry by 63.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,773 shares of the company’s stock valued at $37,000 after purchasing an additional 3,811 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new position in BlackBerry during the 1st quarter valued at about $37,000. Mindset Wealth Management LLC acquired a new position in BlackBerry during the 4th quarter valued at about $38,000. Finally, Quadrant Capital Group LLC boosted its stake in BlackBerry by 100.3% during the 4th quarter. Quadrant Capital Group LLC now owns 10,000 shares of the company’s stock valued at $38,000 after purchasing an additional 5,008 shares during the last quarter. Institutional investors and hedge funds own 54.48% of the company’s stock.

Insider Activity

In other BlackBerry news, SVP Jennifer Armstrong-Owen sold 29,940 shares of BlackBerry stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $2.99, for a total transaction of $89,520.60. Following the completion of the transaction, the senior vice president now owns 42,398 shares in the company, valued at approximately $126,770.02. The trade was a 41.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Philip S. Kurtz sold 16,217 shares of BlackBerry stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $5.25, for a total value of $85,139.25. Following the transaction, the insider now owns 57,503 shares of the company’s stock, valued at $301,890.75. This trade represents a 22.00% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 53,433 shares of company stock worth $197,164 in the last three months. Company insiders own 0.37% 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.