BlackBerry Beat Last Quarter's EPS Estimate by 33% — Can It Repeat That Sept. 24?

BlackBerry Limited (NYSE:BB) shares are in the spotlight Wednesday, with earnings on deck, key growth metrics in focus, a technical setup showing a decision zone within a constructive longer-term trend and Edge Rankings all drawing attention. BlackBerry stock is showing upward movement. Why are BB shares climbing? Earnings Preview & History BlackBerry is scheduled to report second-quarter fiscal 2027 earnings on September 24, before market open. Analysts estimate EPS of 4 cents along with revenue of $145.63 million. For the prior quarter, BlackBerry reported EPS of 4 cents, beating the consensus estimate of 3 cents. The company also posted revenue of $152.9 million, beating the consensus estimate of $138.19 million. What To Watch: QNX Growth, Secure Comms Retention, and Emerging AI Bets Investors will be closely tracking QNX segment performance, which grew 26% year-over-year last quarter to $72.3 million on the back of record development licenses, an early indicator of future royalty streams as automakers invest in new software platforms. Secure Communications will also be in focus, given its exposure to deal-timing variability and a 92% retention rate that management has flagged as a watch item. Commentary on emerging opportunities in physical AI, robotics, and the Alloy Kore platform — areas the company has called central to its long-term growth story but still in early stages — should offer additional signals on execution risk, alongside progress toward BlackBerry’s full-year fiscal 2027 guidance of $594 million to $621 million in revenue and $119 million to $139 million in adjusted EBITDA. A Decision Zone With a Constructive Longer-Term Trend At $7.93, BlackBerry is essentially flat versus its 20-day SMA ($7.93) and just under its 20-day EMA ($7.98), which frames this area as a near-term "decision zone" for direction. The bigger picture is more mixed: the stock is trading 9.2% below its 50-day SMA ($8.72) and 5.9% below its 100-day SMA ($8.42), but still 29.9% above its 200-day SMA ($6.10), keeping the longer-term trend constructive. Momentum is improving: MACD is above its signal line and the histogram is positive, which typically means downside pressure is easing and buyers are starting to regain control versus the prior downswing. That matters here because it supports the idea that the August swing low could hold as a higher low if price can reclaim the mid-term averages. The May golden cross (50-day SMA above the 200-day SMA) still leans bullish for the longer-term trend, even though the more recent 20-day SMA sitting below the 50-day SMA is a near-term bearish alignment. In practice, traders often watch for a push back toward the $8.30–$8.70 zone (where the 50-day EMA at $8.33 and 50-day SMA at $8.72 sit) to confirm that the pullback is ending rather than just pausing. Key Resistance: $9.00 — a round-number area that also sits above the key 50-day/100-day moving-average cluster, where rebounds can stall Benzinga Edge Rankings Below is the Benzinga Edge scorecard for BlackBerry, highlighting its strengths and weaknesses compared to the broader market: Momentum: Bullish (Score: 97.02) — The stock is showing strong relative strength, consistent with its outsized 12-month run. Value: Neutral (Score: 8.82) — The score suggests valuation support is limited, so the chart may matter more than "cheapness" for timing. Growth: Bullish (Score: 97.69) — The market is rewarding the company’s growth profile, which can keep buyers engaged on pullbacks. The Verdict: BlackBerry’s Benzinga Edge signal reveals a momentum-and-growth-driven profile, where trend and sentiment are doing more work than valuation. If the stock can build a base near the 20-day area and start reclaiming the 50-day/100-day zone, the scorecard suggests buyers may continue to defend dips into earnings. Read Also: Stock Market Today: S&P 500, Dow Jones Futures Gain Ahead of FOMC's Interest Rate Decision — INTC, SKHY, LEN, TCOM in Focus BlackBerry Shares Edge Higher BB Price Action: At the time of publication, BlackBerry shares are trading 1.15% higher at $7.89, according to data from Benzinga Pro. Image via Shutterstock