BlackBerry Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

BlackBerry Limited BB will release its fourth-quarter financial results, before the opening bell, on Wednesday, April 2.

Analysts expect the Waterloo, Canada-based company to report quarterly earnings at 1 cent per share. BlackBerry projects quarterly revenue of $132.83 million, according to data from Benzinga Pro.

On March 20, BlackBerry's QNX and Advantech announced an expanded collaboration to better serve their joint-customers across the embedded systems industry.

BlackBerry shares fell 3.8% to close at $3.77 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

RBC Capital analyst Paul Treiber maintained a Sector Perform rating and raised the price target from $3.25 to $4 on Jan. 10, 2025. This analyst has an accuracy rate of 65%.
TD Cowen analyst Daniel Chan upgraded the stock from Hold to Buy and increased the price target from $3.25 to $4 on Dec. 20, 2024. This analyst has an accuracy rate of 75%.

Considering buying BB stock? Here’s what analysts think: