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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) closed at $7.75 in the latest trading session, marking a +1.04% move from the prior day. This move outpaced the S&P 500's daily loss of 0.48%. At the same time, the Dow lost 0.29%, and the tech-heavy Nasdaq lost 0.56%.
Heading into today, shares of the cybersecurity software and services company had lost 13.82% over the past month, lagging the Computer and Technology sector's gain of 1.49% and the S&P 500's loss of 0.82%.
The investment community will be closely monitoring the performance of BlackBerry in its forthcoming earnings report. The company is scheduled to release its earnings on September 24, 2026. The company is predicted to post an EPS of $0.04, indicating constancy compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $143 million, indicating a 10.34% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.17 per share and a revenue of $612.37 million, signifying shifts of +6.25% and +11.52%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for BlackBerry. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, BlackBerry is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, BlackBerry currently has a Forward P/E ratio of 45.12. This indicates a premium in contrast to its industry's Forward P/E of 19.75.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 85, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the 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) Increases Despite Market Slip: Here's What You Need to Know
BlackBerry (BB - Free Report) closed at $7.75 in the latest trading session, marking a +1.04% move from the prior day. This move outpaced the S&P 500's daily loss of 0.48%. At the same time, the Dow lost 0.29%, and the tech-heavy Nasdaq lost 0.56%.
Heading into today, shares of the cybersecurity software and services company had lost 13.82% over the past month, lagging the Computer and Technology sector's gain of 1.49% and the S&P 500's loss of 0.82%.
The investment community will be closely monitoring the performance of BlackBerry in its forthcoming earnings report. The company is scheduled to release its earnings on September 24, 2026. The company is predicted to post an EPS of $0.04, indicating constancy compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $143 million, indicating a 10.34% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.17 per share and a revenue of $612.37 million, signifying shifts of +6.25% and +11.52%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for BlackBerry. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, BlackBerry is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, BlackBerry currently has a Forward P/E ratio of 45.12. This indicates a premium in contrast to its industry's Forward P/E of 19.75.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 85, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the 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.