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Blackbaud Inc (BLKB)

Upturn stock ratingUpturn stock rating
$66.16
Last Close (24-hour delay)
upturn advisory
PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/28/2025: BLKB (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $76.83

1 Year Target Price $76.83

Analysts Price Target For last 52 week
$76.83 Target price
52w Low $58.05
Current$66.16
52w High $88.95

Analysis of Past Performance

Type Stock
Historic Profit -32.95%
Avg. Invested days 30
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.21B USD
Price to earnings Ratio -
1Y Target Price 76.83
Price to earnings Ratio -
1Y Target Price 76.83
Volume (30-day avg) 6
Beta 1.13
52 Weeks Range 58.05 - 88.95
Updated Date 08/28/2025
52 Weeks Range 58.05 - 88.95
Updated Date 08/28/2025
Dividends yield (FY) -
Basic EPS (TTM) -5.49

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -24.49%
Operating Margin (TTM) 21.1%

Management Effectiveness

Return on Assets (TTM) 5.02%
Return on Equity (TTM) -83.99%

Valuation

Trailing PE -
Forward PE 14.99
Enterprise Value 4333438557
Price to Sales(TTM) 2.81
Enterprise Value 4333438557
Price to Sales(TTM) 2.81
Enterprise Value to Revenue 3.8
Enterprise Value to EBITDA 22.9
Shares Outstanding 48509000
Shares Floating 36932865
Shares Outstanding 48509000
Shares Floating 36932865
Percent Insiders 2
Percent Institutions 98.26

ai summary icon Upturn AI SWOT

Blackbaud Inc

stock logo

Company Overview

overview logo History and Background

Blackbaud was founded in 1981. It has evolved from providing accounting software to offering a comprehensive suite of cloud-based software and services for nonprofits, educational institutions, and foundations.

business area logo Core Business Areas

  • General Markets: Software and services for fundraising, financial management, education administration, and marketing. Caters to nonprofits, K-12 schools, higher education institutions, faith-based organizations, and arts & cultural organizations.
  • Enterprise: Provides large-scale solutions with high customisation options. These clients require advanced, integrated solutions for complex operations.
  • Small-Mid Sized Organizations: Provides standardized software and services that allow them to grow their operations

leadership logo Leadership and Structure

The leadership team consists of the CEO, CFO, CTO, and other key executives. The organizational structure is departmentalized, with teams focused on product development, sales, marketing, customer support, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Raiser's Edge NXT: Cloud-based fundraising and relationship management solution. Competitors include Salesforce, DonorPerfect, and Bloomerang. Blackbaud has a substantial market share in this segment, estimated to be around 20-25% of the overall fundraising software market for large organizations. Revenue derived is estimated to be around 30% of Blackbaud's overall revenue. Competitors include Salesforce, ThankView, Virtuous CRM, Donorbox, Bloomerang
  • Financial Edge NXT: Cloud-based accounting solution for nonprofits. Competitors include Sage Intacct and NetSuite. It represents around 20% of Blackbaud's total revenue. Competitors include NetSuite, Sage Intacct, Abila MIP Fund Accounting, Araize FastFund Accounting
  • Blackbaud K-12 Solutions: A suite of solutions for K-12 private schools including tuition management, learning management, and enrollment management. Blackbaud has a substantial market share in private K-12 school administration software. Competitors include Finalsite and Ravenna Solutions.
  • Blackbaud Church Management: Software and solutions for managing churches and religious facilities. Competitors include Shelby Systems and Fellowship One.

Market Dynamics

industry overview logo Industry Overview

The nonprofit software industry is growing due to increasing demand for digital solutions to manage fundraising, operations, and donor relationships. Cloud-based solutions are becoming increasingly popular.

Positioning

Blackbaud is a leading provider of software and services for nonprofits and educational institutions. Its competitive advantages include its deep understanding of the nonprofit sector, its comprehensive suite of products, and its large customer base.

Total Addressable Market (TAM)

The TAM for nonprofit software is estimated to be over $10 billion. Blackbaud is well-positioned to capture a significant portion of this market, estimated 25%.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition in the nonprofit sector
  • Comprehensive suite of products and services
  • Large customer base
  • Cloud-based platform
  • Focus on Social Responsibility

Weaknesses

  • Higher prices than many competitors
  • Complex product offerings may require extensive training
  • Customer service issues reported by some users
  • Past security breaches have impacted perception

Opportunities

  • Expanding into new markets (e.g., international markets)
  • Acquiring complementary businesses
  • Developing new products and services
  • Leveraging AI and machine learning to improve products
  • Increase Market Share and Brand Perception

Threats

  • Increasing competition from other software vendors
  • Economic downturn could reduce nonprofit budgets
  • Cybersecurity threats
  • Changes in regulations affecting nonprofits

Competitors and Market Share

competitor logo Key Competitors

  • CRM
  • ORCL
  • ADBE
  • MSFT

Competitive Landscape

Blackbaud's advantages include its deep understanding of the nonprofit sector and its comprehensive suite of products. Its disadvantages include higher prices and complex product offerings. Other competitors such as Microsoft and Adobe use their large base and large offering of products as their advantage.

Major Acquisitions

YourCause

  • Year: 2019
  • Acquisition Price (USD millions): 157.5
  • Strategic Rationale: Expanded Blackbaud's corporate social responsibility (CSR) and employee engagement capabilities.

JustGiving

  • Year: 2017
  • Acquisition Price (USD millions): 134
  • Strategic Rationale: Expanded Blackbaud's global reach and online fundraising capabilities.

Growth Trajectory and Initiatives

Historical Growth: Blackbaud has grown through a combination of organic growth and acquisitions. Revenue has increased steadily over the past decade.

Future Projections: Analysts project continued revenue growth of around 5-8% annually. EPS is expected to increase at a faster rate due to improved efficiency and cost management.

Recent Initiatives: Recent strategic initiatives include investing in AI and machine learning, expanding into new markets, and acquiring complementary businesses.

Summary

Blackbaud is a leading provider of software and services to the nonprofit sector, with a strong brand and comprehensive product suite. While its higher prices and complexity can be challenges, it's well-positioned to capitalize on the growing demand for digital solutions in the nonprofit space. They need to pay close attention to security and perception. Future growth will depend on strategic acquisitions, market expansion, and investments in AI.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10K, 10Q), Investor Presentations, Analyst Reports, Third-Party Market Research Reports, Blackbaud Website

Disclaimers:

This analysis is based on publicly available information and represents an opinion. It is not financial advice. Market share estimates are approximate and based on available data. Future performance is not guaranteed.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Blackbaud Inc

Exchange NASDAQ
Headquaters Charleston, SC, United States
IPO Launch date 2004-07-22
President, CEO & Vice Chairman of the Board Mr. Michael P. Gianoni
Sector Technology
Industry Software - Application
Full time employees 2600
Full time employees 2600

Blackbaud, Inc. engages in the provision of cloud software and services in the United States and internationally. The company offers fundraising and engagement solutions, including Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud eTapestry, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving from Blackbaud, Blackbaud Fundraiser Performance Management, Blackbaud Altru, and Blackbaud Guided Fundraising; financial management solutions, such as Blackbaud Financial Edge NXT, Blackbaud Purchase Cards, Blackbaud Tuition Management, Blackbaud Financial Aid Management, and Blackbaud Billing Management; and grant and award management solutions, which includes Blackbaud Grantmaking and Blackbaud Award Management. It also offers education solutions, including Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, and Blackbaud School Website System; social responsibility, employee giving, and volunteering solutions, such as YourCause GrantsConnect and YourCause CSRconnect, and Blackbaud Impact Edge; and payment services, which includes Blackbaud Merchant Services. In addition, the company provides data intelligence solutions; professional and managed services; and training solutions. The company sells its solutions and related services through its direct sales force. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.