Blackbaud offers an attractively valued software franchise with four consecutive earnings beats and free cash flow well above reported profits, but a confirmed technical downtrend and elevated bearish options positioning argue for patience before adding exposure.
Thesis pillars
- Attractive Valuation Analyst Upside→Stable
- Consistent Earnings Beat Streak↑Improving
- Strong Free Cash Flow Conversion→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 18, 2026
Blackbaud, Inc. (BLKB) Stock Analysis
Technology · Software - Application
Hold if already holding. Not a fresh buy at $52.51, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8.
Blackbaud provides cloud software and payment processing services to nonprofits, educational institutions, foundations, and corporate social responsibility programs, generating approximately 64% of revenue from contractual recurring subscriptions and 34% from transactional fees... Read more
Hold if already holding. Not a fresh buy at $52.51, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 6.0/10, high confidence.
Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-10-29Recent Developments — Blackbaud, Inc.
Latest news
- NEWS Blackbaud, Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:BLKB) 2026-07-29 - Seeking Alpha — Seeking Alpha positive
- NEWS Raymond James raises Blackbaud stock price target on margin strength - Investing.com — Investing.com positive
- NEWS Why Blackbaud Stock Is Skyrocketing Today - Yahoo Finance — Yahoo Finance positive
- NEWS Blackbaud (BLKB) Surpasses Q2 Earnings Estimates - Yahoo Finance — Yahoo Finance positive
- NEWS Earnings Flash (BLKB) Blackbaud, Inc. Posts Q2 Adjusted EPS $1.33 per Share - marketscreener.com — marketscreener.com positive
Generated 2026-10-29T11:48:39Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
10 dimensions · all in-band
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $52.51, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Analyst target $43.77 reached (−16.6%), stop $48.83 (−7.5%), A.R:R -1.1:1. Score 6.0/10, high confidence.
Analyst target $43.77 reached (−16.6% from $52.51); no take-profit level is published. Analyst target $43.77 reached (−16.6%), stop $48.83 (−7.5%), A.R:R -1.1:1. Stop-loss: $48.83.
Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8; Leverage penalty (D/E 17.3): -1.5.
Blackbaud, Inc. trades at a P/E of 16.2 (forward 8.7). TrendMatrix value score: 7.2/10. Verdict: Hold.
11 analysts cover BLKB with a consensus score of 4.1/5. Average price target: $52.
What does Blackbaud, Inc. do?Blackbaud provides cloud software and payment processing services to nonprofits, educational institutions, foundations,...
Blackbaud provides cloud software and payment processing services to nonprofits, educational institutions, foundations, and corporate social responsibility programs, generating approximately 64% of revenue from contractual recurring subscriptions and 34% from transactional fees including donation processing and tuition management. Most customers operate on three-year contracts with mid-to-high single-digit price increases at renewal; approximately 40% of contracts are due for renewal in 2026.