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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
New CBOE “special perk” helps traders target income every weekend (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
New CBOE “special perk” helps traders target income every weekend (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
New CBOE “special perk” helps traders target income every weekend (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
New CBOE “special perk” helps traders target income every weekend (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
New CBOE “special perk” helps traders target income every weekend (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
New CBOE “special perk” helps traders target income every weekend (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?

Blackbaud Stock Price, News & Analysis (NASDAQ:BLKB)

$80.49
+3.02 (+3.90%)
(As of 12/4/2023 ET)
Compare
Today's Range
$77.33
$80.64
50-Day Range
$65.30
$80.49
52-Week Range
$53.39
$80.64
Volume
310,293 shs
Average Volume
195,499 shs
Market Capitalization
$4.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$86.00

Blackbaud MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.8% Upside
$86.00 Price Target
Short Interest
Healthy
0.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.28
Upright™ Environmental Score
News Sentiment
0.44mentions of Blackbaud in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$857,736 Sold Last Quarter
Proj. Earnings Growth
33.51%
From $1.88 to $2.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Computer And Technology Sector

229th out of 593 stocks

Prepackaged Software Industry

61st out of 198 stocks


BLKB stock logo

About Blackbaud Stock (NASDAQ:BLKB)

Blackbaud, Inc. provides cloud software solutions to higher education institutions, K12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies, and individual change agents 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 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. It 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

3 Software Stocks to Buy for December Prosperity
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Here's Why Blackbaud (BLKB) is a Strong Growth Stock
Q3 2023 Blackbaud Inc Earnings Call
Why Blackbaud Stock Soared Today
Blackbaud Announces 2023 Third Quarter Results
Blackbaud Q3 2023 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
10/31/2023
Today
12/04/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/12/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:BLKB
CUSIP
09227Q10
Employees
3,200
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$86.00
High Stock Price Target
$88.00
Low Stock Price Target
$84.00
Potential Upside/Downside
+6.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-45,410,000.00
Pretax Margin
-3.14%

Debt

Sales & Book Value

Annual Sales
$1.06 billion
Cash Flow
$3.09 per share
Book Value
$14.01 per share

Miscellaneous

Free Float
52,842,000
Market Cap
$4.34 billion
Optionable
Optionable
Beta
1.11

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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 year. 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 brokers have issued 12 month price targets for Blackbaud's stock. Their BLKB share price targets range from $84.00 to $88.00. On average, they anticipate the company's share price to reach $86.00 in the next year. This suggests a possible upside of 6.8% 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 2023?

Blackbaud's stock was trading at $58.86 on January 1st, 2023. Since then, BLKB stock has increased by 36.7% and is now trading at $80.49.
View the best growth stocks for 2023 here
.

When is Blackbaud's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024.
View our BLKB earnings forecast
.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) issued its quarterly earnings results on Tuesday, October, 31st. The technology company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.13. The technology company earned $277.63 million during the quarter, compared to the consensus estimate of $277.08 million. Blackbaud had a negative net margin of 2.29% and a positive trailing twelve-month return on equity of 12.01%.

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

Blackbaud issued an update on its FY 2023 earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $3.63-$3.94 for the period, compared to the consensus estimate of $3.79. The company issued revenue guidance of $1.09 billion-$1.13 billion, compared to the consensus revenue estimate of $1.11 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 many different institutional and retail investors. Top institutional investors include Morgan Stanley (7.95%), FMR LLC (2.93%), Hawk Ridge Capital Management LP (2.76%), Van Berkom & Associates Inc. (1.53%), Northern Trust Corp (1.30%) and Bank of New York Mellon Corp (0.76%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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.
Read More
This page (NASDAQ:BLKB) was last updated on 12/5/2023 by MarketBeat.com Staff

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