Blackbaud (NASDAQ:BLKB) Releases FY 2026 Earnings Guidance

Blackbaud (NASDAQ:BLKB) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.150-5.250 for the period, compared to the consensus 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 Trading Up 0.1%

Shares of BLKB stock traded up $0.04 on Wednesday, reaching $47.72. 39,928 shares of the stock were exchanged, compared to its average volume of 411,333. The firm has a 50 day moving average of $58.73 and a two-hundred day moving average of $61.86. The stock has a market cap of $2.28 billion, a P/E ratio of -9.27, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 9.63. Blackbaud has a 1-year low of $45.71 and a 1-year high of $81.39.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on BLKB. Zacks Research lowered Blackbaud from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Stifel Nicolaus set a $50.00 target price on Blackbaud in a research note on Tuesday. Robert W. Baird set a $60.00 price target on Blackbaud in a research note on Wednesday. Wall Street Zen upgraded shares of Blackbaud from a “hold” rating to a “buy” rating in a research note on Sunday, November 9th. Finally, Raymond James Financial set a $60.00 price target on Blackbaud in a report on Tuesday. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Blackbaud has an average rating of “Reduce” and a consensus price target of $56.67.

Insider Transactions at Blackbaud

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

Blackbaud News Summary

Here are the key news stories impacting Blackbaud this week:

• Positive Sentiment: Q4 results beat consensus: EPS of $1.19 topped estimates and revenue modestly beat expectations; margins expanded and management cited rising organic growth — a near-term profit-quality positive. Article Title
• Positive Sentiment: Management raised FY2026 outlook sharply: EPS guidance of $5.15–$5.25 well above the ~$4.30 consensus and revenue guidance centered around ~$1.2B — the upgrade is the primary catalyst supporting the rally. Article Title
• Positive Sentiment: Earnings call emphasized AI initiatives, cash generation and execution priorities (slides/transcript noted), reinforcing the narrative that growth levers and margin expansion are real and being operationalized. Article Title
• Neutral Sentiment: Revenue was down year-over-year (~2.3%) but management attributes most of the decline to the prior divestiture of EVERFI; organic revenue trends were presented as healthier — mixed signal for top-line momentum. Article Title
• Neutral Sentiment: Reported short-interest data in the feed appears anomalous/zeroed and should not be relied on as a meaningful positioning signal until verified by official exchange filings.
• Negative Sentiment: Some analysts warn valuation compression is attractive but longer-term growth may be limited, which could cap multiple expansion if the company fails to accelerate top-line growth. Article Title

Institutional Trading of Blackbaud

A number of hedge funds have recently modified their holdings of the company. Dark Forest Capital Management LP lifted its holdings in shares of Blackbaud by 11.5% during the 3rd quarter. Dark Forest Capital Management LP now owns 19,219 shares of the technology company’s stock worth $1,236,000 after acquiring an additional 1,977 shares during the period. Creative Planning grew its stake in shares of Blackbaud by 139.1% during the third quarter. Creative Planning now owns 16,727 shares of the technology company’s stock worth $1,076,000 after purchasing an additional 9,732 shares during the period. Captrust Financial Advisors acquired a new stake in Blackbaud during the 2nd quarter worth approximately $1,015,000. Magnetar Financial LLC bought a new position in shares of Blackbaud during the third quarter worth about $935,000. Finally, Holocene Advisors LP increased its stake in Blackbaud by 66.1% in the 3rd quarter. Holocene Advisors LP now owns 12,419 shares of the technology company’s stock valued at $799,000 after buying an additional 4,943 shares during the last quarter. 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.