Blackbaud (NASDAQ:BLKB) Releases FY 2026 Earnings Guidance

Blackbaud (NASDAQ:BLKB) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.150-5.250 for the period, compared to the consensus earnings per share estimate of 4.300. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Blackbaud Stock Up 1.6%

BLKB opened at $48.25 on Tuesday. The company has a debt-to-equity ratio of 9.63, a quick ratio of 0.69 and a current ratio of 0.69. The firm has a 50 day moving average price of $58.98 and a 200 day moving average price of $61.98. Blackbaud has a 1 year low of $45.81 and a 1 year high of $81.39. The company has a market cap of $2.31 billion, a PE ratio of -9.28, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on BLKB shares. Weiss Ratings restated a “sell (d)” rating on shares of Blackbaud in a report on Wednesday, January 21st. Wall Street Zen upgraded Blackbaud from a “hold” rating to a “buy” rating in a report on Sunday, November 9th. Zacks Research lowered shares of Blackbaud from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Stifel Nicolaus set a $70.00 target price on shares of Blackbaud in a research report on Wednesday, October 29th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $73.00.

Insider Buying and Selling

In other Blackbaud news, Director Rupal S. Hollenbeck sold 1,600 shares of Blackbaud stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $56.49, for a total transaction of $90,384.00. Following the completion of the sale, the director directly owned 6,366 shares in the company, valued at $359,615.34. The trade was a 20.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.97% of the company’s stock.

Hedge Funds Weigh In On Blackbaud

Hedge funds and other institutional investors have recently made changes to their positions in the business. Glenmede Investment Management LP lifted its holdings in Blackbaud by 2.1% in the third quarter. Glenmede Investment Management LP now owns 10,492 shares of the technology company’s stock valued at $675,000 after acquiring an additional 215 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Blackbaud by 1.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,434 shares of the technology company’s stock worth $1,454,000 after buying an additional 361 shares during the last quarter. Sei Investments Co. grew its position in Blackbaud by 1.5% during the second quarter. Sei Investments Co. now owns 26,850 shares of the technology company’s stock valued at $1,724,000 after buying an additional 403 shares during the period. Natixis Advisors LLC increased its holdings in Blackbaud by 2.4% during the third quarter. Natixis Advisors LLC now owns 17,560 shares of the technology company’s stock valued at $1,129,000 after buying an additional 414 shares during the last quarter. Finally, Zacks Investment Management raised its position in Blackbaud by 3.7% in the third quarter. Zacks Investment Management now owns 17,998 shares of the technology company’s stock worth $1,158,000 after acquiring an additional 649 shares during the period. Institutional investors own 94.21% of the company’s stock.

About Blackbaud

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.