Blackbaud Inc

Blackbaud Inc Stock Forecast & Price Prediction

Live Blackbaud Inc Stock (BLKB) Price
$83.94

6

Ratings

  • Buy 2
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$83.94

P/E Ratio

83.11

Volume Traded Today

$96,000

Dividend

$0.12

52 Week High/low

88.95/66.47

Blackbaud Inc Market Cap

$4.26B

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BLKB Summary

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.

BLKB Analyst Ratings

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.

BLKB stock forecast by analyst

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

BLKB Company Information

What They Do: Provides cloud software solutions for nonprofits and organizations.

Business Model: The company generates revenue by offering a variety of cloud-based software solutions tailored for nonprofits, foundations, educational institutions, and healthcare organizations. Its products include fundraising, financial management, grant management, and educational solutions, which are sold through a direct sales force. This diverse portfolio allows clients to manage their operations effectively while Blackbaud earns recurring subscription fees and service revenues.

Other Information: Founded in 1981 and headquartered in Charleston, South Carolina, Blackbaud has established itself in the nonprofit sector with a comprehensive suite of tools that enhance engagement and operational efficiency. The company's focus on social responsibility and education positions it well in a growing market, as organizations increasingly seek integrated solutions to meet their unique needs.
BLKB
Blackbaud Inc (BLKB)

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

Blackbaud Inc (BLKB) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$1.11B

0.00 %
From Previous Year
  • Revenue TTM $1.15B
  • Operating Margin TTM 15.6%
  • Gross profit TTM $603.2M
  • Return on assets TTM 3.9%
  • Return on equity TTM 7.9%
  • Profit Margin 4.6%
  • Book Value Per Share 10.94%
  • Market capitalisation $4.26B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $1.11B
  • EPS this year (TTM) $1.01

Blackbaud Inc (BLKB) Latest News

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - EVERFI from Blackbaud launched an enhanced version of its EVERFI Achieveโ„ข tool, aimed at improving financial education and customer engagement for financial institutions.

Why It Matters - The launch of EVERFI Achieveโ„ข enhances financial institutions' offerings, potentially driving customer engagement and loyalty, which can lead to increased revenue and market share.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

...

BLKB Frequently asked questions

The highest forecasted price for BLKB is $95 from Rob Oliver at Baird.

The lowest forecasted price for BLKB is $77 from from

The BLKB analyst ratings consensus are 2 buy ratings, 4 hold ratings, and 0 sell ratings.