Blackbaud (NASDAQ:BLKB) Issues FY 2026 Earnings Guidance

Blackbaud (NASDAQ:BLKB) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.150-5.250 for the period, compared to the consensus estimate of 4.870. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Blackbaud Trading Up 4.0%

BLKB stock opened at $35.93 on Wednesday. Blackbaud has a 52 week low of $25.58 and a 52 week high of $74.88. The company has a market capitalization of $1.65 billion, a PE ratio of 12.18, a price-to-earnings-growth ratio of 1.23 and a beta of 1.01. The company’s 50-day simple moving average is $29.69 and its 200 day simple moving average is $39.37. The company has a debt-to-equity ratio of 33.66, a quick ratio of 0.74 and a current ratio of 0.74.

Blackbaud (NASDAQ:BLKB) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.40). Blackbaud had a net margin of 12.41% and a return on equity of 176.76%. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. As a group, sell-side analysts anticipate that Blackbaud will post 3.57 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Stifel Nicolaus reduced their price target on Blackbaud from $45.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, July 10th. Zacks Research downgraded Blackbaud from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Robert W. Baird upgraded Blackbaud from a “neutral” rating to an “outperform” rating and decreased their price target for the stock from $60.00 to $50.00 in a research report on Thursday, April 30th. Finally, Weiss Ratings cut shares of Blackbaud from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Blackbaud has an average rating of “Hold” and a consensus target price of $48.75.

Insider Buying and Selling at Blackbaud

In other news, CFO Chad Anderson sold 6,205 shares of Blackbaud stock in a transaction on Monday, June 1st. The stock was sold at an average price of $31.31, for a total value of $194,278.55. Following the transaction, the chief financial officer owned 62,869 shares in the company, valued at approximately $1,968,428.39. This trade represents a 8.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.01% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BLKB. Quarry LP bought a new position in shares of Blackbaud in the third quarter worth about $46,000. Kestra Advisory Services LLC acquired a new position in Blackbaud during the 4th quarter worth approximately $47,000. iSAM Funds UK Ltd bought a new position in Blackbaud in the 3rd quarter valued at approximately $67,000. Quadrant Capital Group LLC acquired a new stake in Blackbaud in the third quarter valued at approximately $115,000. Finally, State of Wyoming bought a new stake in shares of Blackbaud during the second quarter worth $136,000. Institutional investors own 94.21% of the company’s stock.

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.