Blackbaud, Inc. (NASDAQ:BLKB) Receives Average Rating of “Hold” from Analysts

Posted by on Sep 17th, 2026

Blackbaud, Inc. (NASDAQ:BLKB – Get Free Report) has been assigned an average recommendation of “Hold” from the five ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $49.50.

A number of analysts have recently weighed in on BLKB shares. Robert W. Baird raised their price target on shares of Blackbaud from $54.00 to $58.00 and gave the company an “outperform” rating in a report on Tuesday. Raymond James Financial reiterated an “outperform” rating and set a $55.00 price objective on shares of Blackbaud in a research note on Wednesday, July 29th. Stifel Nicolaus decreased their target price on shares of Blackbaud from $45.00 to $30.00 and set a “hold” rating for the company in a research report on Friday, July 10th. Finally, Weiss Ratings upgraded shares of Blackbaud from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th.

Check Out Our Latest Analysis on BLKB

Insiders Place Their Bets

In other Blackbaud news, CEO Michael P. Gianoni sold 17,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $47.35, for a total value of $804,950.00. Following the completion of the sale, the chief executive officer owned 423,264 shares of the company’s stock, valued at approximately $20,041,550.40. This trade represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Chad Anderson sold 2,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $47.56, for a total value of $95,120.00. Following the sale, the chief financial officer owned 59,883 shares in the company, valued at $2,848,035.48. The trade was a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 43,086 shares of company stock worth $2,001,761. 2.01% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Performa Ltd US LLC raised its holdings in shares of Blackbaud by 337.5% in the second quarter. Performa Ltd US LLC now owns 875 shares of the technology company’s stock worth $26,000 after buying an additional 675 shares during the last quarter. Parkside Financial Bank & Trust increased its position in shares of Blackbaud by 107.1% in the 2nd quarter. Parkside Financial Bank & Trust now owns 959 shares of the technology company’s stock valued at $28,000 after acquiring an additional 496 shares during the period. Altshuler Shaham Ltd acquired a new position in shares of Blackbaud in the 1st quarter valued at $29,000. Parallel Advisors LLC increased its position in shares of Blackbaud by 528.0% in the 1st quarter. Parallel Advisors LLC now owns 785 shares of the technology company’s stock valued at $30,000 after acquiring an additional 660 shares during the period. Finally, Blue Trust Inc. raised its stake in Blackbaud by 44.3% in the 1st quarter. Blue Trust Inc. now owns 867 shares of the technology company’s stock worth $33,000 after acquiring an additional 266 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Blackbaud Price Performance

Shares of BLKB stock opened at $44.82 on Thursday. The company has a market capitalization of $2.03 billion, a P/E ratio of 14.01, a P/E/G ratio of 1.54 and a beta of 0.99. The company’s 50-day simple moving average is $41.90 and its two-hundred day simple moving average is $37.68. Blackbaud has a one year low of $25.58 and a one year high of $70.71. The company has a debt-to-equity ratio of 16.82, a current ratio of 0.83 and a quick ratio of 0.83.

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

About Blackbaud

(Get Free Report)

Blackbaud, Inc provides cloud software and related services to organizations serving social good. Its customers include nonprofit organizations, educational institutions, healthcare organizations, foundations, faith-based organizations, arts and cultural institutions, and other mission-driven groups.

The company’s solutions support fundraising, donor and constituent relationship management, financial management, grantmaking, marketing, ticketing, education administration, and peer-to-peer and charitable giving.

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Analyst Recommendations for Blackbaud (NASDAQ:BLKB)

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