BlackBerry (NYSE:BB) Updates FY 2025 Earnings Guidance

BlackBerry (NYSE:BB) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -0.050–0.020 for the period, compared to the consensus estimate of -0.040. The company issued revenue guidance of $591.0 million-$616.0 million, compared to the consensus revenue estimate of $604.3 million. BlackBerry also updated its Q3 2025 guidance to -0.010-0.010 EPS.

BlackBerry Price Performance

Shares of BlackBerry stock traded up $0.15 during mid-day trading on Thursday, reaching $2.55. 19,197,245 shares of the stock traded hands, compared to its average volume of 8,951,357. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.26. BlackBerry has a fifty-two week low of $2.01 and a fifty-two week high of $4.94. The stock has a market capitalization of $1.50 billion, a PE ratio of -8.69 and a beta of 1.39. The business has a 50-day moving average of $2.35 and a 200 day moving average of $2.60.

BlackBerry (NYSE:BB) last announced its quarterly earnings data on Wednesday, June 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.01. The company had revenue of $144.00 million during the quarter, compared to analysts’ expectations of $132.05 million. BlackBerry had a negative net margin of 25.80% and a negative return on equity of 6.43%. BlackBerry’s revenue was down 61.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.04 EPS. On average, analysts predict that BlackBerry will post -0.09 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Raymond James cut their target price on BlackBerry from $5.50 to $4.75 and set a market perform rating for the company in a research note on Friday, June 28th. CIBC upgraded shares of BlackBerry from a neutral rating to a sector outperform rating and set a $3.50 target price on the stock in a report on Thursday, June 27th. Cibc World Mkts raised BlackBerry from a hold rating to a strong-buy rating in a research report on Thursday, June 27th. Robert W. Baird decreased their price objective on shares of BlackBerry from $3.50 to $3.00 and set a neutral rating for the company in a research report on Thursday, June 27th. Finally, TD Securities dropped their target price on shares of BlackBerry from $3.00 to $2.75 and set a hold rating on the stock in a research report on Thursday, June 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus target price of $3.20.

Insiders Place Their Bets

In other BlackBerry news, insider Mattias Eriksson sold 52,549 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was sold at an average price of $2.45, for a total value of $128,745.05. Following the completion of the sale, the insider now owns 214,440 shares of the company’s stock, valued at $525,378. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.34% of the stock is owned by insiders.

BlackBerry Company Profile

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.