Blackbaud is a cash-generative software company with a perfect four-quarter earnings beat streak and a 8.9x forward P/E, but price is 12.7% above the analyst target, growth is weak, leverage is heavy and the stock is overbought on falling volume.
Thesis pillars
- Weak Growth Profile↓Deteriorating
- Perfect Earnings Beat Streak↓Deteriorating
- Strong Returns Cash Conversion→Stable
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Nov 1, 2026, based on the 10-K filed Feb 18, 2026
Blackbaud, Inc. (BLKB) Stock Analysis
Breakout setup
Technology · Software - Application
Sell if holding. Analyst target reached at $56.06 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: 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
Sell if holding. Analyst target reached at $56.06 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Technology): -0.8. Chart setup: Golden cross, above all MAs, RSI 68, MACD bullish. Score 5.4/10, high confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 96d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated Oct 28, 2026Recent Developments — Blackbaud, Inc.
Latest news
- NEWS Parliamentary Investigation Commission Delays Final Report on BLKB and Radicant — fiscal.ai Oct 28, 2026 negative
- NEWS Blackbaud Recognized by the Responsible AI Institute for Commitment to Ethical Standards in Agentic AI, Generative AI, a — www.marketscreener.com Oct 27, 2026 positive
- NEWS Blackbaud earnings up next: Can AI push growth higher? By Investing.com - Investing.com Australia — Investing.com Australia Oct 27, 2026 neutral
- NEWS BLKB Q3'26 Earnings: EPS estimate is 1.33 USD - TradingView — TradingView Oct 27, 2026 neutral
- NEWS BLKB Q3'26 Earnings: revenue estimate is 293.93M USD - TradingView — TradingView Oct 21, 2026 neutral
Latest item Oct 28, 2026 · Generated 2026-11-05T11:54:11Z.
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
2 floor-breakers
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $56.06 — A.R:R is negative (-1.0) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Sector modifier (Technology): -0.8. Chart setup: Golden cross, above all MAs, RSI 68, MACD bullish. Prior stop was $52.14. Score 5.4/10, high confidence.
Analyst target $47.81 reached (−14.7% from $56.06); no take-profit level is published. Prior stop was $52.14. Stop-loss: $52.14.
Analyst target reached - limited upside remaining; Sector modifier (Technology): -0.8; Leverage penalty (D/E 8.8): -1.5.
Blackbaud, Inc. trades at a P/E of 17.2 (forward 9.3). TrendMatrix value score: 7.0/10. Verdict: Sell.
11 analysts rate BLKB, with a consensus score of 4.1/5. 4 analysts publish price targets averaging $56.
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.