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BlackBerry (BB) Increases Despite Market Slip: Here's What You Need to Know

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BlackBerry (BB - Free Report) ended the recent trading session at $7.87, demonstrating a +2.21% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.58%. Elsewhere, the Dow lost 1.18%, while the tech-heavy Nasdaq lost 0.32%.

The stock of cybersecurity software and services company has fallen by 12.8% in the past month, lagging the Computer and Technology sector's gain of 0.12% and the S&P 500's loss of 0.36%.

Analysts and investors alike will be keeping a close eye on the performance of BlackBerry in its upcoming earnings disclosure. The company's earnings report is set to go public on September 24, 2026. The company is expected to report EPS of $0.04, unchanged from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $143 million, up 10.34% from the prior-year quarter.

BB's full-year Zacks Consensus Estimates are calling for earnings of $0.17 per share and revenue of $612.37 million. These results would represent year-over-year changes of +6.25% and +11.52%, respectively.

Investors should also pay attention to any latest changes in 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 shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. BlackBerry currently has a Zacks Rank of #3 (Hold).

With respect to valuation, BlackBerry is currently being traded at a Forward P/E ratio of 45.29. This expresses a premium compared to the average Forward P/E of 20.46 of its industry.

The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 84, placing it within the top 35% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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