Stifel Nicolaus Lowers Blackbaud (NASDAQ:BLKB) Price Target to $30.00

Posted by George Bondi on Jul 10th, 2026

Blackbaud (NASDAQ:BLKB – Get Free Report) had its target price reduced by stock analysts at Stifel Nicolaus from $45.00 to $30.00 in a report issued on Friday,Benzinga reports. The firm presently has a “hold” rating on the technology company’s stock. Stifel Nicolaus’ price target suggests a potential upside of 2.60% from the company’s previous close.

A number of other equities analysts also recently weighed in on BLKB. Weiss Ratings upgraded shares of Blackbaud from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday. Zacks Research downgraded shares of Blackbaud from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Robert W. Baird upgraded shares of Blackbaud from a “neutral” rating to an “outperform” rating and lowered their price objective for the stock from $60.00 to $50.00 in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $48.75.

Read Our Latest Stock Analysis on BLKB

Blackbaud Stock Performance

Shares of NASDAQ BLKB opened at $29.24 on Friday. The stock has a market capitalization of $1.34 billion, a PE ratio of 9.91, a price-to-earnings-growth ratio of 1.02 and a beta of 1.01. Blackbaud has a 52 week low of $25.58 and a 52 week high of $74.88. The stock has a 50 day moving average price of $30.30 and a 200 day moving average price of $42.17. The company has a debt-to-equity ratio of 33.66, a quick ratio of 0.74 and a current ratio of 0.74.

Blackbaud (NASDAQ:BLKB – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.06. The company had revenue of $281.14 million for the quarter, compared to analysts’ expectations of $279.81 million. Blackbaud had a return on equity of 176.76% and a net margin of 12.41%.The business’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.96 EPS. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. Analysts predict that Blackbaud will post 3.57 earnings per share for the current fiscal year.

Insider Activity at Blackbaud

In related news, CFO Chad Anderson sold 6,205 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $31.31, for a total transaction of $194,278.55. Following the transaction, the chief financial officer directly owned 62,869 shares of the company’s stock, valued at approximately $1,968,428.39. The trade was a 8.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.97% of the company’s stock.

Institutional Investors Weigh In On Blackbaud

Several hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Blackbaud by 143,409.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,207,179 shares of the technology company’s stock valued at $139,759,000 after purchasing an additional 2,205,641 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Blackbaud by 3.9% during the 1st quarter. Janus Henderson Group PLC now owns 1,555,833 shares of the technology company’s stock worth $60,071,000 after buying an additional 58,806 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Blackbaud by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 975,085 shares of the technology company’s stock worth $61,743,000 after buying an additional 5,709 shares during the period. Van Berkom & Associates Inc. boosted its holdings in shares of Blackbaud by 16.7% during the 4th quarter. Van Berkom & Associates Inc. now owns 779,935 shares of the technology company’s stock worth $49,385,000 after buying an additional 111,388 shares during the period. Finally, AQR Capital Management LLC grew its stake in Blackbaud by 157.3% in the 4th quarter. AQR Capital Management LLC now owns 767,792 shares of the technology company’s stock valued at $48,617,000 after buying an additional 469,391 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

About Blackbaud

(Get Free Report)

Blackbaud, Inc is a leading provider of cloud software, services and data intelligence solutions designed specifically for the social good community. The company’s main offerings include fundraising and relationship management platforms, financial management systems, grant and award management tools, and advanced analytics. Its flagship products—such as Raiser’s Edge NXT, Blackbaud Financial Edge NXT and Blackbaud NetCommunity—help nonprofit organizations, educational institutions, healthcare providers and foundations streamline donor engagement, optimize financial operations and measure program impact.

Founded in 1981 and headquartered in Charleston, South Carolina, Blackbaud has grown from a small technology startup into a global specialist in nonprofit software.