Brokerages Set Blackbaud, Inc. (NASDAQ:BLKB) PT at $48.50

Posted by Francis Steltz on Aug 30th, 2026

Shares of Blackbaud, Inc. (NASDAQ:BLKB – Get Free Report) have been assigned an average recommendation of “Hold” from the five analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $48.50.

BLKB has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of Blackbaud from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Robert W. Baird set a $54.00 price objective on shares of Blackbaud in a report on Thursday, July 30th. Stifel Nicolaus reduced their target price on shares of Blackbaud from $45.00 to $30.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $55.00 price target on shares of Blackbaud in a research report on Wednesday, July 29th.

Get Our Latest Research Report on Blackbaud

Blackbaud Stock Performance

NASDAQ:BLKB opened at $48.62 on Friday. Blackbaud has a fifty-two week low of $25.58 and a fifty-two week high of $70.71. The company has a debt-to-equity ratio of 16.82, a quick ratio of 0.83 and a current ratio of 0.83. The company has a 50 day moving average price of $37.38 and a 200 day moving average price of $37.96. The stock has a market capitalization of $2.21 billion, a P/E ratio of 15.19, a PEG ratio of 1.67 and a beta of 0.97.

Blackbaud (NASDAQ:BLKB – Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.10. Blackbaud had a return on equity of 197.49% and a net margin of 13.12%.The company had revenue of $290.60 million for the quarter, compared to analyst estimates of $292.23 million. During the same quarter in the previous year, the company earned $1.21 earnings per share. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. Equities research analysts forecast that Blackbaud will post 3.71 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Chad Anderson sold 6,205 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $31.31, for a total value of $194,278.55. Following the sale, the chief financial officer owned 62,869 shares of the company’s stock, valued at $1,968,428.39. This trade represents a 8.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Kevin P. Gregoire sold 22,000 shares of Blackbaud stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $45.50, for a total transaction of $1,001,000.00. Following the completion of the transaction, the executive vice president owned 113,194 shares of the company’s stock, valued at $5,150,327. This represents a 16.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 45,205 shares of company stock worth $2,000,229 in the last quarter. 2.01% of the stock is owned by company insiders.

Institutional Investors Weigh In On Blackbaud

Several institutional investors have recently modified their holdings of the company. Altshuler Shaham Ltd acquired a new position in shares of Blackbaud during the first quarter worth $29,000. Parallel Advisors LLC raised its stake in Blackbaud by 528.0% in the first quarter. Parallel Advisors LLC now owns 785 shares of the technology company’s stock valued at $30,000 after buying an additional 660 shares in the last quarter. Blue Trust Inc. raised its stake in Blackbaud by 44.3% in the first quarter. Blue Trust Inc. now owns 867 shares of the technology company’s stock valued at $33,000 after buying an additional 266 shares in the last quarter. Rothschild Investment LLC lifted its holdings in Blackbaud by 589.0% during the 4th quarter. Rothschild Investment LLC now owns 565 shares of the technology company’s stock worth $36,000 after buying an additional 483 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in Blackbaud by 243.9% during the 2nd quarter. Versant Capital Management Inc now owns 1,286 shares of the technology company’s stock worth $38,000 after buying an additional 912 shares during the last quarter. 94.21% of the stock is owned by hedge funds and other institutional investors.

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.