Blackbaud (NASDAQ:BLKB) Releases FY 2026 Earnings Guidance

Blackbaud (NASDAQ:BLKB) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 5.150-5.250 for the period, compared to the consensus EPS estimate of 4.890. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Analyst Ratings Changes

A number of research firms have recently issued reports on BLKB. Raymond James Financial set a $60.00 price objective on shares of Blackbaud in a report on Tuesday, February 10th. Stifel Nicolaus lowered their price target on Blackbaud from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Tuesday. Weiss Ratings lowered Blackbaud from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, April 21st. Zacks Research cut Blackbaud from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Evercore set a $55.00 price objective on Blackbaud in a report on Wednesday, February 11th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $55.00.

Blackbaud Stock Performance

Blackbaud stock opened at $37.51 on Wednesday. The firm has a fifty day simple moving average of $42.16 and a two-hundred day simple moving average of $53.09. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 12.78. Blackbaud has a twelve month low of $33.95 and a twelve month high of $74.88. The company has a market capitalization of $1.73 billion, a PE ratio of 15.76, a P/E/G ratio of 1.28 and a beta of 1.18.

Blackbaud (NASDAQ:BLKB) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $999.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $997.92. Blackbaud had a return on equity of 175.57% and a net margin of 10.19%.Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. Research analysts expect that Blackbaud will post 3.68 EPS for the current year.

Insider Buying and Selling

In other Blackbaud news, EVP Kevin P. Gregoire sold 2,000 shares of Blackbaud stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $50.02, for a total value of $100,040.00. Following the transaction, the executive vice president directly owned 135,194 shares of the company’s stock, valued at $6,762,403.88. The trade was a 1.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP David J. Benjamin sold 14,349 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $47.47, for a total value of $681,147.03. Following the completion of the sale, the executive vice president owned 73,124 shares of the company’s stock, valued at $3,471,196.28. The trade was a 16.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 39,801 shares of company stock worth $1,893,874 in the last ninety days. 1.97% of the stock is owned by insiders.

Institutional Trading of Blackbaud

A number of institutional investors have recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in Blackbaud by 157.3% during the 4th quarter. AQR Capital Management LLC now owns 767,792 shares of the technology company’s stock valued at $48,617,000 after purchasing an additional 469,391 shares during the period. Shapiro Capital Management LLC lifted its holdings in Blackbaud by 248.3% in the 3rd quarter. Shapiro Capital Management LLC now owns 419,189 shares of the technology company’s stock worth $26,958,000 after buying an additional 298,839 shares during the period. Jane Street Group LLC grew its position in shares of Blackbaud by 886.2% in the 1st quarter. Jane Street Group LLC now owns 159,729 shares of the technology company’s stock worth $9,911,000 after buying an additional 143,533 shares during the last quarter. Marshall Wace LLP grew its position in shares of Blackbaud by 419.0% in the 3rd quarter. Marshall Wace LLP now owns 172,576 shares of the technology company’s stock worth $11,098,000 after buying an additional 139,326 shares during the last quarter. Finally, Lord Abbett & CO. LLC purchased a new position in shares of Blackbaud during the fourth quarter valued at approximately $6,430,000. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Blackbaud Company Profile

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.