Blackbaud Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blackbaud in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Blackbaud stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLKB, but not buy additional shares or sell existing shares.
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Blackbaud is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
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Blackbaud, Inc. (NASDAQ:BLKB) announced its quarterly earnings data on Sunday, February, 7th. The technology company reported $0.85 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.14. The technology company had revenue of $242.61 million for the quarter, compared to analyst estimates of $228.41 million. Blackbaud had a net margin of 2.49% and a trailing twelve-month return on equity of 17.03%. The business's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.51 earnings per share.
View Blackbaud's earnings history.

Blackbaud's stock was trading at $61.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BLKB shares have increased by 15.6% and is now trading at $70.61.
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6 Wall Street analysts have issued 1 year target prices for Blackbaud's stock. Their forecasts range from $75.00 to $88.00. On average, they expect Blackbaud's stock price to reach $81.00 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
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426 employees have rated Blackbaud CEO Michael Gianoni on Glassdoor.com. Michael Gianoni has an approval rating of 82% among Blackbaud's employees.

Some companies that are related to Blackbaud include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN) and FactSet Research Systems (FDS).
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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).

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

Blackbaud's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.02%), Pacer Advisors Inc. (0.01%) and Wedge Capital Management L L P NC (0.01%). Company insiders that own Blackbaud stock include Anthony W Boor, George H Ellis, Jon W Olson, Joyce Nelson, Kevin Mcdearis, Kevin P Gregoire, Kevin W Mooney, Michael P Gianoni, Sarah E Nash and Timothy C K Chou.
View institutional ownership trends for Blackbaud.

BLKB stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, State of Alaska Department of Revenue, and Pacer Advisors Inc.. Company insiders that have sold Blackbaud company stock in the last year include Jon W Olson, Joyce Nelson, Kevin Mcdearis, Kevin P Gregoire, and Michael P Gianoni.
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BLKB stock was acquired by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System.
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Shares of BLKB 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.
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One share of BLKB stock can currently be purchased for approximately $70.61.

Blackbaud has a market capitalization of $3.42 billion and generates $900.42 million in revenue each year. The technology company earns $11.91 million in net income (profit) each year or $1.27 on an earnings per share basis.

Blackbaud employs 3,100 workers across the globe.

The official website for Blackbaud is www.blackbaud.com.

Blackbaud is headquartered at 65 FAIRCHILD STREET, CHARLESTON SC, 29492.

Blackbaud's mailing address is 65 FAIRCHILD STREET, CHARLESTON SC, 29492. The technology company can be reached via phone at 843-216-6200 or via email at [email protected]