NASDAQ: BLKB

Blackbaud (BLKB) Stock Analysis & Forecast

Oct 12 close

$46.75+1.27 (+2.8%)

Gekko Brief

AI summaryOct 12 close

Blackbaud moves this week on a new partnership with BILL Holdings to embed BILL's payment network into Blackbaud's Financial Edge NXT system, aimed at streamlining vendor payments for nonprofit and education finance teams. Coverage also revisits Blackbaud's AI push, including the Lantern fundraising language model and prior "Agents for Good" launches, alongside recaps of Q2 2026 results that met the high end of guidance with organic revenue up 3% and non-GAAP EPS rising 9%.

Blackbaud closed at $46.75, up 2.8%, sitting above both its 50-day average of $45.11 and 200-day average of $41.89. The GekkoIndex reads 51.6, placing the stock in the Neutral zone, down from a higher reading five days prior. Price remains 27.8% below Gekko Fair Value of $64.73.

Over the next 20 trading days, Blackbaud reports earnings on 4 November, 23 days away, which falls inside that window. No insider, Congress or unusual options activity appears in the recent periods tracked. Seasonally, the next 20 trading days from this point in the calendar have averaged a 5.8% return across 5 years, with gains in 4 of them. Analyst coverage from 4 firms shows 2 buy and 2 hold ratings, with a consensus target of $51.50.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Blackbaud price vs fair value

$64.73$46.75Oct ’25Apr ’26Oct ’26
Close $46.75200-day averageGekko Fair Value $64.73

Blackbaud quick facts

Market cap
$2.12B
P/E ratio
14.1
Forward P/E
7.7
EPS, TTM
$3.18
Revenue, TTM
$1.15B
Profit margin
13.1%
Dividend yield
—
Beta
1.04
Volume
398,313 avg 439,934
1-year return
−25.4%
Typical daily move
±3%
Typical 20-day move
±5.6%
50-day average
$45.11
200-day average
$41.89
Next earnings
Nov 4 before open
Shares outstanding
45.39M
52-week range
$25.58$70.71

Blackbaud swing-trade checklist

Blackbaud scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $46.75 is above the 50-day ($45.11) and 200-day ($41.89) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    51.6, Neutral

    Reading 51.6 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    27.8% below

    Price is 27.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 23 days

    Reports on Nov 4, 2026, 23 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +5.8% on average

    From this point in the calendar, the next 20 trading days averaged +5.8% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Blackbaud stock chart and price history

Blackbaud closed at $46.75 on Oct 12, 2026, −25.4% over the past year, inside a 52-week range of $25.58 to $70.71.

Close50-day average200-day averageVolume
Blackbaud share price, past year, with 50-day and 200-day moving averages and volume$30$40$50$60$70NovDecJan 2026FebMarAprMayJunJulAugSepOct46.75

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+2.8%
3 months
+56.4%
6 months
+29.3%
1 year
−25.4%
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About Blackbaud

Blackbaud provides cloud-based software aimed at organizations that operate in the nonprofit and mission-driven space, including universities, schools, hospitals, religious groups, arts organizations, foundations, and companies running social-impact programs. The company is known for tools that help these groups manage donors and fundraising campaigns, with platforms such as Raiser's Edge NXT and JustGiving among its recognized names.

Beyond fundraising, the company's offerings stretch across marketing and outreach, financial management, grant and award administration, and broader organizational functions like student records, enrollment, and program tracking. It also supplies payment processing through Blackbaud Merchant Services and an analytics suite branded Intelligence for Good, which covers donor research, acquisition, and benchmarking. Blackbaud reaches its customers through a direct sales force rather than through intermediaries.

The company was established in 1981 and is headquartered in Charleston, South Carolina. Its shares are listed on the NASDAQ under the ticker BLKB.

Listed
NASDAQ
Sector
Technology services
Industry
Packaged software
Website
blackbaud.com

Blackbaud GekkoIndex: the smart money zone

Blackbaud’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 51.6, in the Neutral zone, down 7.6 points over five sessions.

010051.6Neutral

Down 7.6 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying67+0.1%−1.2%−2.0%−1.5%
Accumulation257−0.3%−0.9%−1.3%−1.1%
Neutral (current zone)334−0.5%−0.4%−0.8%−2.8%
Distribution15+0.8%+1.1%+1.9%−0.4%
Selling9Too few readings yet

Average BLKB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the BLKB price, zone by zone.Track BLKB in Gekko

Is Blackbaud stock overvalued? Gekko Fair Value

Blackbaud trades 27.8% below Gekko Fair Value of $64.73, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Blackbaud shares are worth, recalculated every trading day.

$64.73

Gekko Fair Value, Oct 10, 2026

27.8% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BLKB in Gekko

Blackbaud insider and Congress trading

No open-market insider purchases were filed for Blackbaud, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for BLKB in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every BLKB insider filing, plotted on the chart in Gekko.Open BLKB in Gekko

Congress trades last 90 days

No trades in BLKB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BLKB, plotted on the chart in Gekko.Open BLKB in Gekko

Buybacks

Blackbaud has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$82.10M
As a share of market cap
3.87%
Trailing four quarters
$278.2M

From company filings.

Blackbaud earnings: next date and track record

Blackbaud reports on Nov 4, 2026, before the open (23 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±7.1%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−13.7%Oct ’24−14.2%Feb ’25−4.6%Apr ’25+4.5%Jul ’25+2.8%Oct ’25+4.4%Feb ’26−0.9%Apr ’26+11.6%Jul ’26

Last earnings call, Jul 29, 2026 AI summary

What they said
Blackbaud reported a solid Q2 2026 with execution in line with plans, pointing investors to the upper half (revenue) and top end (free cash flow and EPS) of its full-year guidance ranges. Management highlighted durable subscription-led performance, 3% organic revenue growth in Q2 ($291M), strong adjusted EBITDA margin (~38%), non-GAAP EPS up 9% to $1.33, and free cash flow up 46% to $75M. Leadership emphasized significant investments in AI (five new Generative/Agentic AI products launched/announced) and cybersecurity/AI governance, early customer success with Agentic products (development agent), and continued sales momentum and win-backs. Management also described disciplined cost management, continued margin expansion initiatives (workforce strategy, platform modernization, vendor optimization), repurchases to offset dilution, and a platform fee launch planned in Q3 contributing to back-end weighting into Q4. Overall tone was confident about execution and the multi-year opportunity from AI, while acknowledging variability in transactional revenue, timing of renewals, and that meaningful AI revenue is expected primarily in future periods.
Guidance
Management pointed to the upper half of full-year revenue guidance and to the very top end for free cash flow and EPS (on track for high-teens EPS). Guidance assumptions exclude meaningful revenue contribution from the new AI products this year and do not assume viral giving events; transactional revenue guidance assumes historical patterns. The platform fee launch (Q3) is included in the guide and expected to contribute to Q4.
Risks flagged
Transactional revenue can vary quarter-to-quarter and had a tough compare to 2025 (viral giving events). Management noted customer concerns around cybersecurity and AI governance and emphasized responsible data usage. Renewal cohort timing and concentration caused moderation in organic growth expectations; AI-related revenue and efficiency gains are not yet factored materially into current guidance. Forward-looking statements are subject to risks described in SEC filings.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 29, 2026$0.83
est $0.79
+5.1%$290.6M
est $292.2M
−0.6%+11.6%
Apr 29, 2026$1.14
est $1.18
−3.4%$281.1M
est $279.8M
+0.5%−0.9%
Feb 10, 2026$1.19
est $1.15
+3.5%$295.3M
est $292.2M
+1.1%+4.4%
Oct 29, 2025$1.10
est $1.07
+2.8%$281.1M
est $292.7M
−4.0%+2.8%
Jul 30, 2025$1.21
est $1.06
+14.2%$281.4M—+4.5%
Apr 30, 2025$0.96
est $0.92
+4.8%$270.7M
est $276.1M
−2.0%−4.6%
Feb 18, 2025$1.08
est $1.07
+1.3%$302.2M
est $276.8M
+9.2%−14.2%
Oct 30, 2024$0.99
est $1.07
−7.5%$286.7M
est $305.3M
−6.1%−13.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Blackbaud stock forecast and analyst price targets

Analysts’ average 12-month price target for Blackbaud is $51.50, +10.2% from the last close, from 4 firms rating the stock in the last 90 days.

$51.50consensus 12-month target, +10.2% from the last close
Low $45High $58
Buy2
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 4 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 30Stifel NicolausHold, maintained$45−3.7%
Sep 15Robert W. BairdBuy, maintained$58+24.1%
Jul 30Robert W. BairdBuy, maintained$54+15.5%
Jul 30Evercore ISIHold, maintained$48+2.7%
Jul 29Raymond JamesBuy, reiterated$55+17.6%
−0.8%average 20-day move after past Neutral readings
+5.8%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Blackbaud seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Blackbaud averaged +5.8% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+18.7%2021+13.5%2022+3.9%2023+1.2%2024−9.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.1%4 of 5
Next 10 trading days+1.0%2 of 5
Next 15 trading days−2.0%2 of 5
Next 20 trading days+5.8%4 of 5
Next 30 trading days+3.8%4 of 5

For scale, BLKB’s typical 20-trading-day move in either direction is about 5.6%.

Blackbaud market cap and key statistics

Blackbaud’s market cap is $2.12B, with a P/E ratio of 14.1 and revenue of $1.15B over the last twelve months.

Valuation

Market cap
$2.12B
P/E ratio
14.1
Forward P/E
7.7
EPS, TTM
$3.18
Gekko Fair Value
$64.73

Trading

Volume
398,313
Avg volume, 20 days
439,934
52-week high
$70.71
52-week low
$25.58
Shares outstanding
45.39M

Financials

Revenue, TTM
$1.15B
Profit margin
13.1%
Return on equity
194.4%
Quarterly earnings growth, YoY
+43.6%

Risk and income

Beta
1.04
Typical daily move
±3%
Typical 20-day move
±5.6%

Blackbaud stock news this week

Coverage of Blackbaud this week reads positive: 8 positive, 4 neutral and 0 negative headlines.

News sentiment positive

Blackbaud peers

Blackbaud’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral21.7% above
PLTRPalantir Technologies+0.1%Distribution22.3% above
ORCLOracle−2.9%Neutral24.3% below
PANWPalo Alto Networks−4.2%Neutral21.6% above
CRWDCrowdStrike−4.8%Neutral23.7% above
CRMSalesforce−1.1%Neutral3.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Blackbaud stock FAQ

What is Blackbaud’s market cap?

Blackbaud’s market cap is $2.12B at the Oct 12, 2026 close of $46.75, with 45.39M shares outstanding. The shares trade on a P/E ratio of 14.1.

What is the Blackbaud stock forecast?

The consensus analyst 12-month price target for Blackbaud is $51.50, +10.2% from the last close. Of the 4 firms that rated the stock in the last 90 days, 2 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Blackbaud stock overvalued or undervalued?

On Gekko’s estimate Blackbaud is undervalued: the Oct 12, 2026 close of $46.75 is 27.8% below Gekko Fair Value of $64.73. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Blackbaud report earnings next?

Blackbaud is expected to report on Nov 4, 2026, before the market opens (23 days away). Analysts expect earnings of $1.33 per share on revenue of $293.9M. Blackbaud beat the earnings estimate in 6 of its last 8 reports, moving 7.1% on average across the report.

What is Blackbaud’s 52-week high and low?

Blackbaud’s 52-week high is $70.71 and its 52-week low is $25.58; it closed at $46.75 on Oct 12, 2026, −25.4% over the past year. Over the last five years the shares peaked at $88.95 on Nov 25, 2024.

Is Blackbaud stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, fair value and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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