NASDAQ:BLKB

Blackbaud (BLKB) Stock Price, News & Analysis

$77.95
-0.48 (-0.61%)
(As of 03:21 PM ET)
Today's Range
$77.73
$79.17
50-Day Range
$67.35
$79.18
52-Week Range
$64.32
$88.56
Volume
188,425 shs
Average Volume
274,911 shs
Market Capitalization
$4.03 billion
P/E Ratio
190.13
Dividend Yield
N/A
Price Target
$88.00

Blackbaud MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.7% Upside
$88.00 Price Target
Short Interest
Healthy
1.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.28
Upright™ Environmental Score
News Sentiment
0.58mentions of Blackbaud in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$4.38 M Sold Last Quarter
Proj. Earnings Growth
19.57%
From $2.35 to $2.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.38 out of 5 stars

Computer And Technology Sector

115th out of 594 stocks

Prepackaged Software Industry

28th out of 201 stocks

BLKB stock logo

About Blackbaud Stock (NASDAQ:BLKB)

Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, education institutions, and healthcare organizations in the United States and internationally. The company offers fundraising and engagement solutions, such as Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud eTapestry, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving, Blackbaud Fundraiser Performance Management, Blackbaud Guided Fundraising, and Blackbaud Altru; and financial management solutions comprising Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid and Billing Management. It also provides grant and award management solutions, consisting of Blackbaud Grantmaking and Blackbaud Award Management; education solutions, such as Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, and Blackbaud School Website System; social responsibility solutions, which includes YourCause GrantsConnect and YourCause CSRconnect, and EVERFI; Blackbaud Merchant Services and Blackbaud Purchase Cards payment services; and Blackbaud's Intelligence for Good solutions, as well as Data Health, Insights, and Performance solutions and services. The company sells its solutions and related services through its direct sales force. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.

BLKB Stock Price History

BLKB Stock News Headlines

[URGENT] DO NOT Touch These AI Stocks!
Artificial intelligence stocks are carrying the market. One of them, Nvidia, recently became the seventh company ever to hit a $1 trillion market cap. But is this AI rally over?
Q1 2024 Blackbaud Inc Earnings Call
[URGENT] DO NOT Touch These AI Stocks!
Artificial intelligence stocks are carrying the market. One of them, Nvidia, recently became the seventh company ever to hit a $1 trillion market cap. But is this AI rally over?
Blackbaud: Q1 Earnings Snapshot
Blackbaud Announces 2024 First Quarter Results
What Wall Street expects from Blackbaud's earnings
Blackbaud (BLKB) Scheduled to Post Earnings on Tuesday
Blackbaud (NASDAQ:BLKB) Upgraded at StockNews.com
O'Keefe Stevens Advisory Q1 2024 Investor Letter
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
5/03/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:BLKB
CUSIP
09227Q10
Employees
3,000
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$88.00
High Stock Price Target
$88.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+11.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$1.82 million
Pretax Margin
3.57%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$4.30 per share
Book Value
$10.34 per share

Miscellaneous

Free Float
50,668,000
Market Cap
$4.07 billion
Optionable
Optionable
Beta
1.01

Social Links

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BLKB Stock Analysis - Frequently Asked Questions

Should I buy or sell Blackbaud stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BLKB shares.
View BLKB analyst ratings
or view top-rated stocks.

What is Blackbaud's stock price target for 2024?

2 brokerages have issued 12 month target prices for Blackbaud's stock. Their BLKB share price targets range from $88.00 to $88.00. On average, they predict the company's share price to reach $88.00 in the next year. This suggests a possible upside of 12.7% from the stock's current price.
View analysts price targets for BLKB
or view top-rated stocks among Wall Street analysts.

How have BLKB shares performed in 2024?

Blackbaud's stock was trading at $86.70 on January 1st, 2024. Since then, BLKB stock has decreased by 10.0% and is now trading at $78.05.
View the best growth stocks for 2024 here
.

Are investors shorting Blackbaud?

Blackbaud saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 838,100 shares, an increase of 33.0% from the March 31st total of 630,200 shares. Based on an average trading volume of 295,700 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.0% of the company's stock are sold short.
View Blackbaud's Short Interest
.

When is Blackbaud's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our BLKB earnings forecast
.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) announced its quarterly earnings results on Tuesday, February, 13th. The technology company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.05 by $0.09. The technology company had revenue of $295.01 million for the quarter, compared to the consensus estimate of $299.04 million. Blackbaud had a trailing twelve-month return on equity of 16.66% and a net margin of 1.94%. Blackbaud's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.28 EPS.

What guidance has Blackbaud issued on next quarter's earnings?

Blackbaud updated its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 4.120-4.380 for the period, compared to the consensus EPS estimate of 4.290. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

What is Michael Gianoni's approval rating as Blackbaud's CEO?

599 employees have rated Blackbaud Chief Executive Officer Michael Gianoni on Glassdoor.com. Michael Gianoni has an approval rating of 82% among the company's employees. 74.0% of employees surveyed would recommend working at Blackbaud to a friend.

What other stocks do shareholders of Blackbaud own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackbaud investors own include CVS Health (CVS), Intel (INTC), Suncor Energy (SU), Broadcom (AVGO), Bank of America (BAC), Baidu (BIDU), Fortinet (FTNT), IPG Photonics (IPGP), McDonald's (MCD) and Marathon Petroleum (MPC).

Who are Blackbaud's major shareholders?

Blackbaud's stock is owned by a variety of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.54%), Allspring Global Investments Holdings LLC (0.50%), Allspring Global Investments Holdings LLC (0.51%), Principal Financial Group Inc. (0.33%), Mirae Asset Global Investments Co. Ltd. (0.17%) and Nordea Investment Management AB (0.15%). Insiders that own company stock include Andrew Brannan, Andrew M Leitch, Anthony W Boor, David J Benjamin, George H Ellis, Jon W Olson, Joyce Nelson, Kevin Mcdearis, Kevin P Gregoire, Kevin W Mooney, Michael P Gianoni and Sarah E Nash.
View institutional ownership trends
.

How do I buy shares of Blackbaud?

Shares of BLKB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Blackbaud have any subsidiaries?
The following companies are subsidiares of Blackbaud: ACN 161 644 328 Pty. Ltd., AcademicWorks, Attentive.ly, BB Real Property Development LLC, BBHQ1 LLC, Blackbaud Asia Ltd., Blackbaud Canada Inc., Blackbaud Europe Ltd., Blackbaud Global Ltd., Blackbaud Latin America S.R.L., Blackbaud Pacific Pty. Ltd., Campagne Associates Ltd., Click 4 Compliance LLC, Convio Inc, EVERFI International Ltd., EVERFI Middle East Ltd., Ed Comms Pty Ltd., Educational Communications Ltd., EverFi Canada Inc., EverFi Inc., Everfi, Everyday Hero Ltd., Everyday Hero Pty. Ltd, Everyday Hero Pty. Ltd., Giving Limited, Giving.com Limited, JG US Inc., JGCrowdfunding USA LLC, JustGiving, Kintera, Lawroom.com, MicroEdge LLC, MyCharity Ltd., Public Interest Data LLC, RLC Customer Centric Technology B.V., Reeher, Smart LLC, Smart Tuition, Target Analysis Group Inc., WhippleHill Inc., YC Blocker 1 LLC, YourCause, YourCause Holdings LLC, YourCause LLC, and eTapestry.
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This page (NASDAQ:BLKB) was last updated on 5/3/2024 by MarketBeat.com Staff

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