Blackbaud (NASDAQ:BLKB) Releases FY 2026 Earnings Guidance

Blackbaud (NASDAQ:BLKBGet Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.150-5.250 for the period, compared to the consensus estimate of 4.870. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Blackbaud Trading Up 0.8%

Shares of NASDAQ BLKB opened at $40.41 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.74 and a debt-to-equity ratio of 16.82. The company has a market cap of $1.86 billion, a PE ratio of 12.33, a P/E/G ratio of 1.50 and a beta of 1.01. The company has a 50-day moving average of $30.13 and a two-hundred day moving average of $39.08. Blackbaud has a 1-year low of $25.58 and a 1-year high of $70.94.

Blackbaud (NASDAQ:BLKBGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.10. The firm had revenue of $290.60 million for the quarter, compared to analyst estimates of $292.23 million. Blackbaud had a return on equity of 197.49% and a net margin of 13.12%.The business’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period last year, the company earned $1.21 EPS. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. As a group, equities analysts expect that Blackbaud will post 3.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Raymond James Financial restated an “outperform” rating and issued a $55.00 price target on shares of Blackbaud in a research report on Wednesday. Stifel Nicolaus lowered their price target on Blackbaud from $45.00 to $30.00 and set a “hold” rating for the company in a research note on Friday, July 10th. Zacks Research lowered shares of Blackbaud from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Robert W. Baird set a $54.00 target price on shares of Blackbaud in a report on Thursday. Finally, Weiss Ratings downgraded Blackbaud from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, July 23rd. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $48.50.

View Our Latest Stock Report on Blackbaud

Insider Transactions at Blackbaud

In other news, CFO Chad Anderson sold 6,205 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $31.31, for a total value of $194,278.55. Following the sale, the chief financial officer directly owned 62,869 shares in the company, valued at $1,968,428.39. The trade was a 8.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.01% of the company’s stock.

Hedge Funds Weigh In On Blackbaud

A number of institutional investors have recently bought and sold shares of BLKB. Freestone Grove Partners LP acquired a new stake in Blackbaud during the 3rd quarter valued at $565,000. Prudential Financial Inc. grew its holdings in Blackbaud by 28.8% in the 2nd quarter. Prudential Financial Inc. now owns 8,499 shares of the technology company’s stock valued at $546,000 after buying an additional 1,899 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Blackbaud by 360.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,281 shares of the technology company’s stock worth $532,000 after buying an additional 6,481 shares during the period. Woodline Partners LP raised its stake in Blackbaud by 49.8% in the 3rd quarter. Woodline Partners LP now owns 7,921 shares of the technology company’s stock worth $509,000 after purchasing an additional 2,635 shares in the last quarter. Finally, Jain Global LLC bought a new stake in Blackbaud in the 4th quarter valued at about $492,000. 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.

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