From what 6 stock analysts predict, the share price for Blackbaud Inc (BLKB) might decrease by 0.18% in the next year. This is based on a 12-month average estimation for BLKB. Price targets go from $77 to $95. The majority of stock analysts believe BLKB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Blackbaud Inc has a total of 6 Wall St Analyst ratings. There are 2 buy ratings, 4 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Blackbaud Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BLKB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Rob Oliver Baird | Neutral | $80 | Downgrade | Oct 31, 2024 |
Brian Peterson Raymond James | Outperform | $95 | Maintains | Oct 7, 2024 |
Parker Lane Stifel | Hold | $85 | Maintains | Sep 26, 2024 |
Rob Oliver Baird | Outperform | $92 | Maintains | Aug 1, 2024 |
Rob Oliver Baird | Outperform | $88 | Maintains | Feb 14, 2024 |
Brian Peterson Raymond James | Outperform | $88 | Upgrade | Jun 5, 2023 |
Rob Oliver Baird | Outperform | $84 | Upgrade | May 4, 2023 |
Rob Oliver Baird | Neutral | $66 | Maintains | Feb 15, 2023 |
Parker Lane Stifel | Hold | $70 | Maintains | Feb 23, 2022 |
Benchmark | Buy | Upgrade | Feb 10, 2021 | |
Stephens & Co. | Overweight | Initiates | Aug 28, 2020 | |
Evercore ISI Group | In-Line | Upgrade | Apr 20, 2020 | |
BTIG | Neutral | Initiates | Apr 16, 2020 | |
Rishi Jaluria DA Davidson | Neutral | $50 | Maintains | Apr 7, 2020 |
Stephens & Co. | Equal-Weight | Downgrade | Apr 3, 2019 | |
Stephens& Co. | Equal-Weight | Downgrade | Apr 3, 2019 | |
Stephens & Co. | Overweight | Initiates | Jan 17, 2019 | |
Rob Oliver Baird | Neutral | $82 | Maintains | Oct 12, 2018 |
Stifel Nicolaus | Hold | Downgrade | Oct 9, 2018 | |
Tom Roderick Stifel | Hold | $88 | Downgrade | Oct 9, 2018 |
When did it IPO
2004
Staff Count
3,000
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. Michael P. Gianoni
Market Cap
$4.26B
In 2023, BLKB generated $1.11B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BLKB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - BLKB partners with Flywire to enhance payment solutions for international students in K-12 education, potentially improving user experience and market reach.
Why It Matters - BLKB's partnership with Flywire enhances payment solutions, potentially increasing market share in the education sector and improving revenue streams, positively impacting stock performance.
Summary - Blackbaud (NASDAQ: BLKB) is holding its semi-annual Product Update Briefings virtually from November 12-15, 2024, focusing on software for social impact.
Why It Matters - Blackbaud's virtual Product Update Briefings may signal new software developments, impacting growth prospects and investor sentiment in the social impact sector.
Summary - EVERFI from Blackbaud launched an enhanced version of its EVERFI Achieveโข tool, aimed at improving financial education and customer engagement for financial institutions.
Why It Matters - The launch of EVERFI Achieveโข enhances financial institutions' offerings, potentially driving customer engagement and loyalty, which can lead to increased revenue and market share.
Summary - Blackbaud's international revenue patterns are influencing Wall Street forecasts and may affect the stock's future performance. Investors should monitor these trends closely.
Why It Matters - Blackbaud's international revenue patterns can influence Wall Street forecasts, affecting stock valuations and investment strategies based on growth potential and market expansion.
Summary - Blackbaud, Inc. will hold its Q3 2024 earnings conference call on October 30, 2024, at 8:00 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The earnings call provides insights into Blackbaud's financial performance, strategic direction, and market positioning, which can influence stock valuation and investor sentiment.
Summary - Blackbaud (NASDAQ: BLKB) announced its third-quarter financial results for 2024 and unveiled aggressive innovation plans at bbconยฎ 2024, focusing on enhancing social impact software.
Why It Matters - Blackbaud's aggressive innovation plans and positive financial results may signal growth potential, influencing investor confidence and stock performance.