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Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
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Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
2 Stocks to Benefit from the Aging Population
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
2 Stocks to Benefit from the Aging Population
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
2 Stocks to Benefit from the Aging Population
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
Is Hanes Worth More than the Sum of Its Parts?
NASDAQ:BLKB

Blackbaud (BLKB) Stock Forecast, Price & News

$72.26
+0.14 (+0.19%)
(As of 09/25/2023 ET)
Compare
Today's Range
$71.74
$72.82
50-Day Range
$71.03
$78.47
52-Week Range
$43.54
$78.71
Volume
66,302 shs
Average Volume
155,569 shs
Market Capitalization
$3.89 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$86.00

Blackbaud MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.0% Upside
$86.00 Price Target
Short Interest
Healthy
1.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.28
Upright™ Environmental Score
News Sentiment
1.26mentions of Blackbaud in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$2.24 M 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.

2.36 out of 5 stars

Computer And Technology Sector

249th out of 581 stocks

Prepackaged Software Industry

62nd out of 203 stocks


BLKB stock logo

About Blackbaud (NASDAQ:BLKB) Stock

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 Price History

BLKB Stock News Headlines

How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
3 Game-Changing Software Stocks to Buy
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Blackbaud Names Todd Lant Chief Customer Officer
Blackbaud (BLKB) Gets a Hold from Stifel Nicolaus
Blackbaud (BLKB) Q2 Earnings Surpass Estimates
Blackbaud Announces 2023 Second Quarter Results
Blackbaud (BLKB) Upgraded to Buy: Here's Why
Blackbaud: Don't Get Greedy
See More Headlines
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BLKB Company Calendar

Last Earnings
8/01/2023
Today
9/26/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

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 Forecast
$86.00
High Stock Price Forecast
$88.00
Low Stock Price Forecast
$84.00
Forecasted Upside/Downside
+19.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-45,410,000.00
Pretax Margin
-5.99%

Debt

Sales & Book Value

Annual Sales
$1.06 billion
Cash Flow
$2.98 per share
Book Value
$14.01 per share

Miscellaneous

Free Float
52,837,000
Market Cap
$3.89 billion
Optionable
Optionable
Beta
1.17

Social Links

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Key Executives

  • Mr. Michael P. GianoniMr. Michael P. Gianoni (Age 62)
    Pres, CEO & Director
    Comp: $809.06k
  • Mr. Anthony W. BoorMr. Anthony W. Boor (Age 60)
    Exec. VP of Fin. & Admin. and CFO
    Comp: $517.45k
  • Mr. Kevin P. GregoireMr. Kevin P. Gregoire (Age 55)
    Exec. VP & COO
    Comp: $472.84k
  • Mr. Kevin R. McDearisMr. Kevin R. McDearis (Age 55)
    Exec. VP & Chief Technology Officer
    Comp: $462.58k
  • Mr. David J. Benjamin (Age 51)
    Exec. VP & Chief Commercial Officer
    Comp: $840.08k
  • Mr. Chad Anderson
    Chief Accounting Officer
  • Mr. Charles L. Longfield (Age 66)
    Sr. VP & Chief Scientist
  • Steve Hufford
    Director of Investor Relations
  • Mr. Jon W. OlsonMr. Jon W. Olson (Age 59)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Nicole McGougan
    PR Mang.













BLKB Stock - 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 twelve months. 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 forecast for 2023?

2 analysts have issued twelve-month price objectives for Blackbaud's stock. Their BLKB share price forecasts range from $84.00 to $88.00. On average, they expect the company's stock price to reach $86.00 in the next year. This suggests a possible upside of 19.0% 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 2023?

Blackbaud's stock was trading at $58.86 on January 1st, 2023. Since then, BLKB shares have increased by 22.8% and is now trading at $72.26.
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 Tuesday, November 7th 2023.
View our BLKB earnings forecast
.

How were Blackbaud's earnings last quarter?

Blackbaud, Inc. (NASDAQ:BLKB) released its quarterly earnings results on Tuesday, August, 1st. The technology company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.01. The technology company had revenue of $271.04 million for the quarter, compared to analysts' expectations of $272.65 million. Blackbaud had a positive trailing twelve-month return on equity of 9.43% and a negative net margin of 4.13%.

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

Blackbaud updated its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $3.63-$3.94 for the period, compared to the consensus earnings per share estimate of $3.76. 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).

What is Blackbaud's stock symbol?

Blackbaud trades on the NASDAQ under the ticker symbol "BLKB."

Who are Blackbaud's major shareholders?

Blackbaud's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.25%), State Street Corp (2.93%), Hawk Ridge Capital Management LP (2.39%), Geneva Capital Management LLC (1.96%), Dimensional Fund Advisors LP (1.78%) and Geode Capital Management LLC (1.71%). 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.

What is Blackbaud's stock price today?

One share of BLKB stock can currently be purchased for approximately $72.26.

How much money does Blackbaud make?

Blackbaud (NASDAQ:BLKB) has a market capitalization of $3.89 billion and generates $1.06 billion in revenue each year. The technology company earns $-45,410,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis.

How many employees does Blackbaud have?

The company employs 3,200 workers across the globe.

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
How can I contact Blackbaud?

Blackbaud's mailing address is 65 FAIRCHILD STREET, CHARLESTON SC, 29492. The official website for the company is www.blackbaud.com. The technology company can be reached via phone at (843) 216-6200, via email at steve.hufford@blackbaud.com, or via fax at 843-216-6100.

This page (NASDAQ:BLKB) was last updated on 9/26/2023 by MarketBeat.com Staff

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