Stocks · Technology · Software - Application
Blackbaud, Inc. BLKB
$41.76 -1.86% Close, Oct 2, 2026 · NASDAQ · Market cap $1.90B
Inexpensive vs sector
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 13.0× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +5.0%).
- Net debt is 3.5× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth35Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 19%
- FCF growth (TTM, YoY)Top 41%
- Revenue growth, 3-year CAGRBottom 37%
- Revenue growth accelerationTop 43%
Quality67Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 14%
- Gross marginTop 40%
- Operating marginTop 15%
- Cash conversion (OCF / net income)Top 42%
- Accruals (lower is better)Bottom 42%
- Net debt / EBITDA (lower is better)Bottom 14%
- Interest coverBottom 49%
Value96Exceptional
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 5%
- Free-cash-flow yieldTop 7%
- EBITDA / enterprise valueTop 10%
- Sales / enterprise valueTop 36%
- P/E vs own 5-year history (lower is better)Top 5%
Momentum22Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 23%
- 6-month returnBottom 36%
- 1-year return vs S&P 500Bottom 20%
- Distance from 52-week highBottom 33%
- Trend checklist (0–4)Bottom 26%
Revisions18Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 37%
- Consecutive EPS beatsTop 32%
- Share of analysts rating BuyBottom 5%
- Upside to consensus price targetBottom 35%
Stability50Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 39%
- Maximum drawdown, 3 yearsBottom 32%
- Beta vs S&P 500 (lower is better)Top 12%
- Net debt / EBITDA (lower is better)Bottom 14%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -0.6% | 0.6% | ↑ |
| Gross margin | 56.6% | 59.6% | ↑ |
| Operating margin | 13.7% | 19.8% | ↑ |
| FCF margin | 18.8% | 24.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 0.6% | -0.6% | ↑ | Bottom 19% |
| Gross margin | 59.6% | 56.6% | ↑ | Top 40% |
| Operating margin | 19.8% | 13.7% | ↑ | Top 15% |
| Net margin | 13.1% | -24.7% | ↑ | — |
| Free-cash-flow margin | 24.3% | 18.8% | ↑ | — |
| Return on invested capital | 16.3% | — | Top 14% | |
| Revenue growth, 3-year CAGR | 2.2% | — | Bottom 37% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.92×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 7.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -7.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.47×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 6.01%
- Shareholder yield
- 6.01%
- Share count change, 1 year
- -7.0%
- Share count change, 3-year CAGR
- -5.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +5.0%
- Average 2-day reaction, last 8
- +0.7%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $47.67
- Target vs current price
- +14.2%
- Analysts with a rating
- 24
- Share rating Buy or Strong Buy
- 25%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +8.1% | +17.4% | +26.6% | +32.0% | — |
| Apr 29, 2026 | +5.6% | +4.1% | -2.0% | -19.9% | -12.8% |
| Feb 10, 2026 | +3.5% | -1.2% | -1.9% | -6.0% | -26.8% |
| Oct 29, 2025 | +2.8% | +5.9% | -3.3% | -12.1% | -11.4% |
| Jul 30, 2025 | +15.2% | +11.0% | -2.1% | +1.0% | -0.0% |
| Apr 30, 2025 | +6.7% | -5.5% | -2.9% | -4.1% | +2.1% |
| Feb 18, 2025 | +0.0% | -11.2% | -13.7% | -19.2% | -20.3% |
| Oct 30, 2024 | -5.7% | -15.1% | -11.1% | -1.2% | -11.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $1.33 | $1.23 | +8.1% | $290.6M |
| Apr 29, 2026 | $1.14 | $1.08 | +5.6% | $281.1M |
| Feb 10, 2026 | $1.19 | $1.15 | +3.5% | $295.3M |
| Oct 29, 2025 | $1.10 | $1.07 | +2.8% | $281.1M |
| Jul 30, 2025 | $1.21 | $1.05 | +15.2% | $281.4M |
| Apr 30, 2025 | $0.96 | $0.90 | +6.7% | $270.7M |
| Feb 18, 2025 | $1.08 | $1.08 | +0.0% | $302.2M |
| Oct 30, 2024 | $0.99 | $1.05 | -5.7% | $286.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 13.0× | 88.5× | 0th | Top 5% |
| P/E (forward) | 8.0× | — | — | — |
| EV / EBITDA | 9.4× | — | — | Top 10% |
| EV / Sales | 2.62× | — | — | Top 36% |
| Free-cash-flow yield | 14.69% | — | — | Top 7% |
| Earnings yield | 7.66% | — | — | Top 5% |
P/E over the past five years
Range 13.2× – 185.8× since Mar 31, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +13.6%
- 200-day average slope (20 days)
- -3.6%
- Distance from 50-day average
- -5.7%
- Distance from 200-day average
- -1.6%
- RSI (14)
- 41.1
- Relative volume
- 0.66×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 53.4%
- Volatility vs own 5-year history
- 93th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.78
- Correlation with S&P 500
- 0.27
- Current drawdown from 1-year high
- -38.5%
- Maximum drawdown, 3 years
- -69.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 27, 2023 | Jun 22, 2026 | -69.8% | 621 days | Not yet recovered |
| Nov 8, 2021 | Sep 30, 2022 | -49.0% | 225 days | 300 days (Dec 11, 2023) |
| Oct 9, 2020 | Nov 4, 2020 | -20.6% | 18 days | 43 days (Jan 7, 2021) |
| Jun 25, 2021 | Aug 18, 2021 | -20.1% | 37 days | 55 days (Nov 4, 2021) |
| Feb 11, 2021 | May 5, 2021 | -16.5% | 57 days | 36 days (Jun 25, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.90B
- P/E (TTM)
- 13.1
- EPS, diluted (TTM)
- $3.20
- Revenue (TTM)
- $1.15B
- 52-week range
- $25.58 – $70.71
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $927.7M | $1.06B | $1.11B | $1.15B | $1.13B |
| Gross profit | $484.5M | $552.7M | $604.0M | $631.4M | $663.3M |
| Operating income | $24.9M | -$28.5M | $44.7M | $134.0M | $190.8M |
| Net income | $5.7M | -$45.4M | $1.8M | -$299.5M | $115.0M |
| EPS (diluted) | $0.12 | -$0.88 | $0.03 | -$5.60 | $2.37 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $286.6M | $302.2M | $269.9M | $282.0M | $281.1M | $295.3M | $281.1M | $290.6M |
| Net income | $18.3M | -$330.8M | $4.3M | $26.5M | $47.5M | $36.7M | $31.1M | $35.4M |
| EPS (diluted) | $0.35 | -$6.74 | $0.10 | $0.54 | $0.98 | $0.76 | $0.67 | $0.79 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $213.7M | $203.9M | $199.6M | $296.0M | $265.6M |
| Capital expenditure | -$52.2M | -$71.1M | -$64.1M | -$7.4M | -$7.8M |
| Free cash flow | $161.5M | $132.8M | $135.5M | $288.5M | $257.8M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$108.4M | -$36.4M | -$18.8M | -$474.9M | -$217.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $34.4M
- Total assets
- $2.59B
- Total liabilities
- $2.53B
- Total debt
- $1.15B
- Net debt
- $1.12B
- Shareholders’ equity
- $67.0M
As of Jun 30, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Feb 27, 2020 | $0.12 | Mar 13, 2020 |
| Nov 26, 2019 | $0.12 | Dec 13, 2019 |
| Aug 27, 2019 | $0.12 | Sep 13, 2019 |
| May 24, 2019 | $0.12 | Jun 14, 2019 |
| Feb 26, 2019 | $0.12 | Mar 15, 2019 |
| Nov 27, 2018 | $0.12 | Dec 14, 2018 |
| Aug 27, 2018 | $0.12 | Sep 14, 2018 |
| May 24, 2018 | $0.12 | Jun 15, 2018 |
Short interest
- Shares sold short
- 3,667,985
- Days to cover
- 10.32
- Change vs previous report
- +0.0%
FINRA short interest, settlement date Sep 15, 2026.