BlackBerry (NYSE:BB) Earns Hold Rating from Canaccord Genuity Group

BlackBerry (NYSE:BB)‘s stock had its “hold” rating restated by Canaccord Genuity Group in a report issued on Friday,Benzinga reports. They presently have a $4.60 price target on the stock. Canaccord Genuity Group’s price target points to a potential upside of 22.21% from the stock’s current price.

Several other research firms also recently issued reports on BB. Royal Bank Of Canada lifted their price target on BlackBerry from $4.00 to $4.50 and gave the stock a “sector perform” rating in a research note on Friday, September 26th. Wall Street Zen upgraded shares of BlackBerry from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. TD Securities downgraded shares of 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 report on Friday, October 3rd. Robert W. Baird increased their price target on shares of BlackBerry from $5.00 to $5.50 and gave the company a “neutral” rating in a research report on Friday, September 26th. Finally, TD Cowen restated a “hold” rating and set a $5.00 price objective on shares of BlackBerry in a research report on Friday, October 3rd. 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $5.10.

BlackBerry Price Performance

Shares of NYSE:BB opened at $3.76 on Friday. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 125.51 and a beta of 1.41. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.20 and a quick ratio of 2.20. The business’s 50 day simple moving average is $4.41 and its 200-day simple moving average is $4.21. BlackBerry has a 12 month low of $2.80 and a 12 month high of $6.24.

BlackBerry (NYSE:BB) last released its quarterly earnings data on Thursday, December 18th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. The firm had revenue of $141.80 million during the quarter, compared to the consensus estimate of $137.54 million. BlackBerry had a return on equity of 8.10% and a net margin of 4.02%.BlackBerry’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the business posted $0.02 EPS. 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 forecast that BlackBerry will post -0.03 earnings per share for the current fiscal year.

Insider Activity

In other BlackBerry news, CEO John Joseph Giamatteo sold 28,343 shares of BlackBerry stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $4.62, for a total value of $130,944.66. Following the completion of the sale, the chief executive officer directly owned 568,164 shares of the company’s stock, valued at approximately $2,624,917.68. The trade was a 4.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mattias Eriksson sold 5,914 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $4.62, for a total value of $27,322.68. Following the completion of the transaction, the insider owned 291,340 shares of the company’s stock, valued at $1,345,990.80. This trade represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 88,565 shares of company stock valued at $423,706 over the last 90 days. Insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On BlackBerry

A number of hedge funds and other institutional investors have recently made changes to their positions in BB. Benjamin Edwards Inc. increased its stake in 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 during the last quarter. SBI Securities Co. Ltd. boosted its stake in BlackBerry by 10.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 27,434 shares of the company’s stock worth $134,000 after buying an additional 2,569 shares during the last quarter. Raymond James Financial Inc. grew its holdings in BlackBerry by 2.1% in the 3rd quarter. Raymond James Financial Inc. now owns 128,998 shares of the company’s stock valued at $630,000 after buying an additional 2,689 shares during the period. CI Investments Inc. increased its stake in shares of BlackBerry by 48.4% during the 3rd quarter. CI Investments Inc. now owns 8,414 shares of the company’s stock valued at $41,000 after acquiring an additional 2,745 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its holdings in shares of BlackBerry by 1.1% during the 3rd 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.

More BlackBerry News

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

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.