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Earnings Estimates Moving Higher for BlackBerry (BB): Time to Buy?
ZACKS· 2025-10-01 17:21
Core Insights - BlackBerry (BB) shows a significant improvement in earnings outlook, making it an attractive investment option [1] - Analysts are optimistic about the company's earnings prospects, leading to rising estimate revisions that are expected to positively impact stock prices [2] Earnings Estimate Revisions - Current-quarter earnings are projected at $0.04 per share, reflecting a 100% increase from the previous year [5] - The Zacks Consensus Estimate for the current quarter has risen by 50% over the last 30 days, with one estimate moving higher and no negative revisions [5] - For the full year, earnings are expected to reach $0.14 per share, indicating a year-over-year increase of 600% [6] - There has been a positive trend in estimate revisions for the current year, with one estimate increasing and no negative revisions [6] Zacks Rank and Performance - BlackBerry currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates [7] - Stocks with a Zacks Rank 1 and 2 significantly outperform the S&P 500, suggesting a favorable investment environment for BlackBerry [7] Stock Performance - The stock has increased by 29.1% over the past four weeks due to strong estimate revisions, indicating potential for further upside [8] - Investors may consider adding BlackBerry to their portfolios based on its positive momentum and earnings outlook [8]
BlackBerry's Strategic Shift to Cybersecurity Pays Off
Financial Modeling Prep· 2025-09-25 18:00
Core Insights - BlackBerry Limited has successfully transitioned from a mobile communications leader to a cybersecurity-focused company, competing with firms like Palo Alto Networks and CrowdStrike [1] Financial Performance - For the second quarter of fiscal year 2026, BlackBerry reported earnings per share of $0.04, exceeding the estimated $0.01, and revenue of approximately $131.1 million, surpassing the estimated $122 million [2][6] - The company experienced year-over-year revenue growth and expanded adjusted EBITDA margins, with its QNX division achieving a "Rule of 40" quarter, prompting an increase in full-year guidance [3] Financial Ratios - BlackBerry maintains a healthy current ratio of about 2.15, indicating sufficient current assets to cover current liabilities [4][6] - The price-to-sales ratio stands at approximately 4.80, suggesting investors are willing to pay $4.80 for every dollar of sales [4] - The enterprise value to sales ratio is around 4.31, while the enterprise value to operating cash flow ratio is notably high at approximately 176.92, indicating relatively low cash flow compared to its enterprise value [5]
BlackBerry (BB) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-05-28 22:51
Core Insights - BlackBerry's stock closed at $4.09, reflecting a -0.97% change from the previous day, underperforming compared to the S&P 500's loss of 0.56% [1] - Over the last month, BlackBerry's shares increased by 21.47%, outperforming the Computer and Technology sector's gain of 11.21% and the S&P 500's gain of 7.37% [1] Earnings Projections - BlackBerry's upcoming earnings per share (EPS) are projected to be $0, indicating a 100% increase from the same quarter last year [2] - For the entire year, Zacks Consensus Estimates forecast earnings of $0.10 per share and revenue of $521 million, reflecting changes of +400% and -9.19% compared to the previous year [2] Analyst Estimates - Recent changes to analyst estimates for BlackBerry are being closely monitored, as they reflect evolving short-term business trends and indicate analysts' favorable outlook on the company's health and profitability [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5] - BlackBerry currently holds a Zacks Rank of 1 (Strong Buy), with the consensus EPS estimate remaining stagnant over the past month [5] Valuation Metrics - BlackBerry is currently traded at a Forward P/E ratio of 41.3, which is a premium compared to the industry's average Forward P/E of 29.23 [6] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 57, placing it in the top 24% of all industries [6] Industry Performance - The Zacks Industry Rank measures the strength of industry groups by averaging the Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]