Blackbaud (NASDAQ:BLKB) Hits New 12-Month Low – Time to Sell?

Posted by Brenda Bartman on Jun 7th, 2026

Blackbaud, Inc. (NASDAQ:BLKB – Get Free Report)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as $27.54 and last traded at $27.7050, with a volume of 106559 shares trading hands. The stock had previously closed at $28.37.

Analyst Upgrades and Downgrades

A number of research firms have commented on BLKB. Raymond James Financial set a $60.00 target price on Blackbaud in a research report on Tuesday, February 10th. Weiss Ratings upgraded Blackbaud from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Zacks Research downgraded Blackbaud from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Stifel Nicolaus reduced their target price on Blackbaud from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Tuesday, April 28th. Finally, Evercore set a $55.00 target price on Blackbaud in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $52.50.

View Our Latest Stock Report on BLKB

Blackbaud Price Performance

The company has a debt-to-equity ratio of 33.66, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a 50 day moving average price of $34.82 and a two-hundred day moving average price of $47.61. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 9.60, a PEG ratio of 1.01 and a beta of 1.02.

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

Insider Buying and Selling at Blackbaud

In other news, CFO Chad Anderson sold 6,205 shares of Blackbaud stock in a transaction on Monday, June 1st. The stock was sold at an average price of $31.31, for a total value of $194,278.55. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.97% of the company’s stock.

Institutional Investors Weigh In On Blackbaud

A number of institutional investors have recently modified their holdings of BLKB. Northwestern Mutual Wealth Management Co. grew its stake 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 buying an additional 2,205,641 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Blackbaud by 14.7% in the third quarter. Vanguard Group Inc. now owns 5,516,432 shares of the technology company’s stock valued at $354,762,000 after buying an additional 706,695 shares in the last quarter. SG Capital Management LLC grew its stake in shares of Blackbaud by 777.3% in the third quarter. SG Capital Management LLC now owns 598,547 shares of the technology company’s stock valued at $38,493,000 after buying an additional 530,320 shares in the last quarter. Norges Bank acquired a new stake in shares of Blackbaud in the fourth quarter valued at $29,846,000. Finally, AQR Capital Management LLC grew its stake in Blackbaud by 157.3% during the 4th quarter. AQR Capital Management LLC now owns 767,792 shares of the technology company’s stock worth $48,617,000 after purchasing an additional 469,391 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.

Blackbaud Company Profile

(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.