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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NASDAQ:BLKB

Blackbaud (BLKB) Stock Price, News & Analysis

$67.68
-0.05 (-0.07%)
(As of 02/22/2024 ET)
Today's Range
$67.02
$68.01
50-Day Range
$67.68
$87.75
52-Week Range
$53.39
$88.56
Volume
241,915 shs
Average Volume
228,143 shs
Market Capitalization
$3.65 billion
P/E Ratio
2,256.00
Dividend Yield
N/A
Price Target
$88.00

Blackbaud MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.0% Upside
$88.00 Price Target
Short Interest
Healthy
1.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.28
Upright™ Environmental Score
News Sentiment
0.60mentions of Blackbaud in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$2.06 M Sold Last Quarter
Proj. Earnings Growth
17.09%
From $2.34 to $2.74 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.

4.69 out of 5 stars

Computer And Technology Sector

62nd out of 585 stocks

Prepackaged Software Industry

13th out of 189 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

Blackbaud Opens Call for Speakers for bbcon 2024
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Blackbaud Opens Call for Speakers for bbcon 2024
BLKB Mar 2024 80.000 put
Blackbaud (NASDAQ:BLKB) Releases FY 2024 Earnings Guidance
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
BLKB Feb 2024 75.000 call
Blackbaud price target lowered by $7 at Baird, here's why
Blackbaud Full Year 2023 Earnings: EPS Misses Expectations
Q4 2023 Blackbaud Inc Earnings Call
Why Blackbaud Stock Is Plummeting Today
Stifel Nicolaus Reaffirms Their Hold Rating on Blackbaud (BLKB)
Recap: Blackbaud Q4 Earnings
Blackbaud Inc.
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
2/23/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
Current Symbol
NASDAQ:BLKB
CUSIP
09227Q10
Employees
3,200
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
+30.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$1.82 million
Pretax Margin
1.60%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$4.08 per share
Book Value
$15.02 per share

Miscellaneous

Free Float
52,842,000
Market Cap
$3.65 billion
Optionable
Optionable
Beta
1.09

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BLKB Stock Analysis - Frequently Asked Questions

Should I buy or sell Blackbaud stock right now?

2 Wall Street 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 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 1 year price targets for Blackbaud's stock. Their BLKB share price targets range from $88.00 to $88.00. On average, they expect the company's share price to reach $88.00 in the next twelve months. This suggests a possible upside of 30.0% 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 at the beginning of the year. Since then, BLKB stock has decreased by 21.9% and is now trading at $67.68.
View the best growth stocks for 2024 here
.

Are investors shorting Blackbaud?

Blackbaud saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 480,100 shares, an increase of 18.6% from the January 15th total of 404,800 shares. Based on an average daily volume of 189,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.1% of the company's shares are short sold.
View Blackbaud's Short Interest
.

When is Blackbaud's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our BLKB earnings forecast
.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) issued its quarterly earnings results on Tuesday, February, 13th. The technology company reported $1.14 earnings per share (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 analysts' expectations of $299.04 million. Blackbaud had a trailing twelve-month return on equity of 14.59% and a net margin of 0.16%. Blackbaud's quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.28 EPS.

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

Blackbaud issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of 4.120-4.380 for the period, compared to the consensus earnings per share estimate of 4.570. 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.35%), P2 Capital Partners LLC (3.07%), Hawk Ridge Capital Management LP (2.46%), Geneva Capital Management LLC (1.97%), Dimensional Fund Advisors LP (1.91%) and Northern Trust Corp (1.28%). 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.
Read More
This page (NASDAQ:BLKB) was last updated on 2/23/2024 by MarketBeat.com Staff