BlackBerry (NYSE:BB – Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -0.010-0.010 for the period, compared to the consensus estimate of -0.010. The company issued revenue guidance of $146.0 million-$154.0 million, compared to the consensus revenue estimate of $208.7 million. BlackBerry also updated its FY 2025 guidance to -0.050–0.020 EPS.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. Canaccord Genuity Group lowered their target price on BlackBerry from $3.25 to $2.70 and set a hold rating on the stock in a research report on Thursday, June 27th. Canaccord Genuity Group lowered their target price on BlackBerry from $3.25 to $2.70 and set a hold rating on the stock in a research report on Thursday, June 27th. Cibc World Mkts upgraded BlackBerry from a hold rating to a strong-buy rating in a research report on Thursday, June 27th. TD Securities dropped their target price on shares of BlackBerry from $3.00 to $2.75 and set a hold rating for the company in a report on Thursday, June 27th. Finally, Raymond James cut their price target 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. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of $3.20.
View Our Latest Stock Report on BlackBerry
BlackBerry Trading Down 0.8 %
BlackBerry (NYSE:BB – Get Free Report) last issued its quarterly earnings data on Thursday, September 26th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02. The firm had revenue of $145.00 million during the quarter, compared to analyst estimates of $138.82 million. BlackBerry had a negative return on equity of 6.43% and a negative net margin of 25.80%. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.06) earnings per share. On average, analysts predict that BlackBerry will post -0.09 EPS for the current fiscal year.
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.
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