- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
Blackbaud Inc(BLKB)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BLKB
09/25/2026: BLKB (1-star) is currently NOT-A-BUY. Pass it for now.
Blackbaud Inc is a specialized software provider serving the social impact sector, including non-profits, schools, and corporate giving programs. The company’s primary strength lies in its deep industry-specific expertise and high-margin recurring subscription revenue model, which offers high customer retention. Its main growth story involves capturing more of the corporate social responsibility market and migrating its established user base to advanced cloud-based AI tools. Key risks include intense competition from large CRM providers and the sensitivity of the non-profit sector to economic downturns. The stock is best suited for growth-oriented investors who prioritize a niche market leader; stakeholders should monitor its ability to improve operational margins while maintaining competitive differentiation.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company operates in the growing niche of social impact software with a high recurring revenue model. |
| Momentum investor | Mixed fit | Momentum depends on the company's ability to demonstrate consistent cloud growth and earnings acceleration. |
| Value investor | Mixed fit | Valuation often tracks with software sector multiples rather than traditional value metrics. |
| Dividend investor | Weak fit | Blackbaud does not pay a regular cash dividend. |
| Low-risk investor | Weak fit | The stock carries the typical volatility profile of mid-cap software companies. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Software stocks are sensitive to interest rate changes and growth sentiment. |
| Valuation risk | Medium | The share price is sensitive to software sector valuation multiples. |
| Competition risk (CRM competition) | High | Generalist CRM platforms continue to compete for non-profit market share. |
| Business quality | Medium / high | High subscription renewal rates reflect strong customer stickiness. |
| Dividend income | Low / none | The company does not provide income through dividends. |
| Execution risk | Medium | Successfully managing the transition to a unified cloud architecture is critical. |
Price Behavior

Steep Decline
The stock price has dropped sharply with strong downward pressure.

Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -21.7% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.96B USD | Price to earnings Ratio 13.4 | 1Y Target Price 51.5 |
Price to earnings Ratio 13.4 | 1Y Target Price 51.5 | ||
Volume (30-day avg) 424.8K shares | Beta 0.99 | 52 Weeks Range 25.58 - 70.71 | Updated Date 09/25/2026 |
52 Weeks Range 25.58 - 70.71 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 3.23 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Subscription Services | Recurring software-as-a-service (SaaS) fees for Raiser's Edge NXT, Financial Edge, and other platforms. | This is the core, predictable engine of the company that provides high-margin recurring income. |
| Services and Support | Implementation, consulting, training, and premium support services for customers. | These services help retain customers and improve their success with the software. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 13.4 | Forward PE 7.67 | Enterprise Value 3.06B | Price to Sales(TTM) 1.71 |
Enterprise Value 3.06B | Price to Sales(TTM) 1.71 | ||
Enterprise Value to Revenue 2.67 | Enterprise Value to EBITDA 9.52 | Shares Outstanding 45.39M | Shares Floating 33.89M |
Shares Outstanding 45.39M | Shares Floating 33.89M | ||
Percent Insiders 1.95 | Percent Institutions 110.9 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Blackbaud Inc
Exchange NASDAQ | Headquarters Charleston, SC, United States | ||
IPO Launch date 2004-07-22 | President, CEO & Non-Independent Vice Chairman of the Board Mr. Michael P. Gianoni | ||
Sector Technology | Industry Software - Application | Full time employees 2800 | Website https://www.blackbaud.com |
Full time employees 2800 | Website https://www.blackbaud.com | ||
Blackbaud, Inc. engages in the providing AI-powered solutions in the United States and internationally. The company offers fundraising and engagement solutions, including Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving from Blackbaud, Blackbaud Fundraiser Performance Management, and Blackbaud Altru; 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, such as system implementation, data conversion, business process analysis and application customization, database merging and enrichment, database production activities, website design services, and outcome-based and prescriptive 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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.

