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BlackBerry (BB) Surpasses Market Returns: Some Facts Worth Knowing
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In the latest trading session, BlackBerry (BB - Free Report) closed at $3.29, marking a +1.86% move from the previous day. This move outpaced the S&P 500's daily gain of 0.54%. Elsewhere, the Dow saw an upswing of 0.66%, while the tech-heavy Nasdaq appreciated by 0.77%.
Coming into today, shares of the cybersecurity software and services company had lost 4.44% in the past month. In that same time, the Computer and Technology sector lost 5%, while the S&P 500 lost 4.71%.
The upcoming earnings release of BlackBerry will be of great interest to investors. The company's earnings report is expected on April 9, 2026. The company is forecasted to report an EPS of $0.05, showcasing a 66.67% upward movement from the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.15 per share and a revenue of $537.52 million, representing changes of +650% and -6.31%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for BlackBerry. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, BlackBerry is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, BlackBerry is currently trading at a Forward P/E ratio of 19.78. This indicates a premium in contrast to its industry's Forward P/E of 18.85.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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BlackBerry (BB) Surpasses Market Returns: Some Facts Worth Knowing
In the latest trading session, BlackBerry (BB - Free Report) closed at $3.29, marking a +1.86% move from the previous day. This move outpaced the S&P 500's daily gain of 0.54%. Elsewhere, the Dow saw an upswing of 0.66%, while the tech-heavy Nasdaq appreciated by 0.77%.
Coming into today, shares of the cybersecurity software and services company had lost 4.44% in the past month. In that same time, the Computer and Technology sector lost 5%, while the S&P 500 lost 4.71%.
The upcoming earnings release of BlackBerry will be of great interest to investors. The company's earnings report is expected on April 9, 2026. The company is forecasted to report an EPS of $0.05, showcasing a 66.67% upward movement from the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.15 per share and a revenue of $537.52 million, representing changes of +650% and -6.31%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for BlackBerry. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, BlackBerry is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, BlackBerry is currently trading at a Forward P/E ratio of 19.78. This indicates a premium in contrast to its industry's Forward P/E of 18.85.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.