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BlackBerry (BB) Suffers a Larger Drop Than the General Market: Key Insights
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BlackBerry (BB - Free Report) closed at $8.83 in the latest trading session, marking a -3.71% move from the prior day. This change lagged the S&P 500's daily loss of 1.22%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 1.35%.
Prior to today's trading, shares of the cybersecurity software and services company had gained 47.67% outpaced the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 1.56%.
Market participants will be closely following the financial results of BlackBerry in its upcoming release. The company plans to announce its earnings on June 25, 2026. In that report, analysts expect BlackBerry to post earnings of $0.03 per share. This would mark year-over-year growth of 50%.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.17 per share and a revenue of $600.2 million, indicating changes of +6.25% and +9.31%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for BlackBerry. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. BlackBerry presently features a Zacks Rank of #3 (Hold).
Investors should also note BlackBerry's current valuation metrics, including its Forward P/E ratio of 52.9. This valuation marks a premium compared to its industry average Forward P/E of 18.64.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 86, positioning it in the top 36% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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BlackBerry (BB) Suffers a Larger Drop Than the General Market: Key Insights
BlackBerry (BB - Free Report) closed at $8.83 in the latest trading session, marking a -3.71% move from the prior day. This change lagged the S&P 500's daily loss of 1.22%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 1.35%.
Prior to today's trading, shares of the cybersecurity software and services company had gained 47.67% outpaced the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 1.56%.
Market participants will be closely following the financial results of BlackBerry in its upcoming release. The company plans to announce its earnings on June 25, 2026. In that report, analysts expect BlackBerry to post earnings of $0.03 per share. This would mark year-over-year growth of 50%.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.17 per share and a revenue of $600.2 million, indicating changes of +6.25% and +9.31%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for BlackBerry. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. BlackBerry presently features a Zacks Rank of #3 (Hold).
Investors should also note BlackBerry's current valuation metrics, including its Forward P/E ratio of 52.9. This valuation marks a premium compared to its industry average Forward P/E of 18.64.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 86, positioning it in the top 36% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.