Key Takeaways:
- BlackBerry's revenue projections for fiscal 2026 and the current quarter are below analyst expectations.
- Wall Street analysts set an average one-year price target of $4.54 for BlackBerry, indicating potential upside.
- GuruFocus estimates suggest BlackBerry has a downside potential with a GF Value of $3.23.
BlackBerry Faces Revenue Challenges Amid Projections
BlackBerry (BB, Financial) stocks experienced a notable decline on Wednesday as the tech company's latest revenue forecasts fell short of market expectations. For fiscal year 2026, BlackBerry projects its revenue to range between $504 million and $534 million, a significant miss compared to analysts’ consensus of $567.3 million. Additionally, the company's expected revenue for the current quarter, estimated between $107 million and $115 million, also lags behind projections. Despite these challenges, BlackBerry managed to surpass expectations in its fiscal 2025 fourth-quarter revenue, achieving an adjusted EPS of 3 cents, even amidst a 7% year-over-year decline.
Wall Street Analysts Offer Mixed Projections
The sentiment on BlackBerry's future performance is mixed among Wall Street analysts. Six analysts have offered one-year price targets, averaging at $4.54, with estimates varying significantly—a high of $7.00 and a low of $2.71. This average target indicates a potential upside of 32.80% from BlackBerry's current trading price of $3.42. For a detailed breakdown of these estimates, investors can visit the BlackBerry Ltd (BB, Financial) Forecast page.
The brokerage consensus for BlackBerry Ltd stands at a 3.0, reflecting a "Hold" recommendation. This rating, based on evaluations from six brokerage firms, uses a scale from 1 to 5, where 1 is a Strong Buy, and 5 is a Sell.
Evaluating BlackBerry's Fair Value with GuruFocus Metrics
According to GuruFocus estimates, the estimated GF Value for BlackBerry Ltd (BB, Financial) over the next year is $3.23. This suggests a potential downside of 5.42% from the current stock price of $3.415. The GF Value is a proprietary metric calculated based on historical trading multiples, past business growth, and projected future performance. This estimate provides investors with a benchmark to assess whether the stock may be overvalued or undervalued. For further insights and up-to-date data, visit the BlackBerry Ltd (BB) Summary page.
