Blackbaud (NASDAQ:BLKB) Updates FY 2026 Earnings Guidance

29 Apr 2026, 16:09 by Amy Steele · The Cerbat Gem

Blackbaud (NASDAQ:BLKB – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 5.150-5.250 for the period, compared to the consensus EPS estimate of 4.890. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Analyst Upgrades and Downgrades

BLKB has been the topic of several recent research reports. Zacks Research cut Blackbaud from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Evercore set a $55.00 target price on shares of Blackbaud in a report on Wednesday, February 11th. Robert W. Baird set a $60.00 price target on shares of Blackbaud in a research report on Wednesday, February 11th. Raymond James Financial set a $60.00 price target on shares of Blackbaud in a research note on Tuesday, February 10th. Finally, Weiss Ratings lowered shares of Blackbaud from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $55.00.

View Our Latest Stock Report on BLKB

Blackbaud Trading Up 4.6%

Shares of Blackbaud stock traded up $1.71 during trading on Wednesday, hitting $39.22. The stock had a trading volume of 647,644 shares, compared to its average volume of 525,925. Blackbaud has a 12 month low of $33.95 and a 12 month high of $74.88. The company has a debt-to-equity ratio of 12.78, a current ratio of 0.79 and a quick ratio of 0.79. The firm’s fifty day simple moving average is $42.16 and its 200-day simple moving average is $53.09. The stock has a market cap of $1.81 billion, a PE ratio of 16.48, a PEG ratio of 1.28 and a beta of 1.18.

Blackbaud (NASDAQ:BLKB – Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The technology company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.15 by $0.04. The company had revenue of $295.26 million for the quarter, compared to the consensus estimate of $292.71 million. Blackbaud had a net margin of 10.19% and a return on equity of 175.57%. The firm’s revenue was down 2.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.08 EPS. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. As a group, sell-side analysts expect that Blackbaud will post 3.68 EPS for the current fiscal year.

Insider Transactions at Blackbaud

In other Blackbaud news, EVP Kevin Mcdearis sold 15,462 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $46.43, for a total value of $717,900.66. Following the sale, the executive vice president owned 91,756 shares in the company, valued at $4,260,231.08. This trade represents a 14.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP David J. Benjamin sold 14,349 shares of Blackbaud stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $47.47, for a total value of $681,147.03. Following the sale, the executive vice president owned 73,124 shares of the company’s stock, valued at approximately $3,471,196.28. This trade represents a 16.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 39,801 shares of company stock worth $1,893,874. 1.97% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Blackbaud

Several large investors have recently added to or reduced their stakes in BLKB. Quarry LP purchased a new position in shares of Blackbaud during the third quarter worth approximately $46,000. Kestra Advisory Services LLC purchased a new stake in shares of Blackbaud in the fourth quarter valued at approximately $47,000. iSAM Funds UK Ltd bought a new position in Blackbaud in the third quarter worth approximately $67,000. Quadrant Capital Group LLC purchased a new position in Blackbaud during the 3rd quarter worth $115,000. Finally, State of Wyoming purchased a new position in Blackbaud during the 2nd quarter worth $136,000. 94.21% of the stock is owned by hedge funds and other institutional investors.

Blackbaud Company Profile

(Get Free Report)

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.