Blackbaud (BLKB) Stock Forecast, Price Target & Predictions
BLKB Stock Forecast
Blackbaud stock forecast is as follows: an average price target of $74.33 (represents a -10.98% downside from BLKB’s last price of $83.50) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
BLKB Price Target
The average price target for Blackbaud (BLKB) is $74.33 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $95.00 to $48.00. This represents a potential -10.98% downside from BLKB's last price of $83.50.
BLKB Analyst Ratings
According to 2 Wall Street analysts, Blackbaud's rating consensus is 'Buy'. The analyst rating breakdown for BLKB stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 0 'Hold' (0.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).
Blackbaud Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 31, 2024 | Rob Oliver | Robert W. Baird | $80.00 | $74.29 | 7.69% | -4.19% |
| Oct 07, 2024 | Brian Peterson | Raymond James | $95.00 | $81.42 | 16.68% | 13.77% |
| Sep 25, 2024 | Rob Oliver | Robert W. Baird | $92.00 | $84.07 | 9.43% | 10.18% |
| Apr 11, 2024 | Parker Lane | Stifel Nicolaus | $48.00 | $75.97 | -36.82% | -42.51% |
The latest Blackbaud stock forecast, released on Oct 31, 2024 by Rob Oliver from Robert W. Baird, set a price target of $80.00, which represents a 7.69% increase from the stock price at the time of the forecast ($74.29), and a -4.19% decrease from BLKB last price ($83.50).
Blackbaud Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 4 |
| Avg Price Target | $80.00 | $89.00 | $78.75 |
| Last Closing Price | $83.50 | $83.50 | $83.50 |
| Upside/Downside | -4.19% | 6.59% | -5.69% |
In the current month, the average price target of Blackbaud stock is $80.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -4.19% decrease as opposed to Blackbaud's last price of $83.50. This month's average price target is down -10.11% compared to last quarter, and up 1.59% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 07, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jun 05, 2023 | Raymond James | - | Outperform | Upgrade |
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Blackbaud's last stock rating was published by Raymond James on Oct 07, 2024. The company gave BLKB a "Outperform" rating, the same as its previous rate.
Blackbaud Financial Forecast
Blackbaud Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $277.63M | - | $261.75M | $274.76M | $261.30M | $264.93M | $257.12M | $247.89M | $231.22M | $229.44M | $219.19M | $242.61M | $215.00M | $231.99M | $223.62M | $237.84M | $221.12M |
| Avg Forecast | $339.50M | $319.25M | $328.00M | $316.75M | $322.53M | $303.15M | $304.03M | $293.69M | $303.73M | $293.74M | $289.26M | $282.43M | $299.04M | $275.47M | $274.22M | $260.55M | $278.20M | $260.74M | $265.36M | $253.10M | $241.84M | $219.00M | $224.82M | $215.95M | $228.41M | $220.62M | $217.74M | $221.99M | $232.21M | $219.36M |
| High Forecast | $345.58M | $324.96M | $333.87M | $322.42M | $328.30M | $308.58M | $309.47M | $299.63M | $310.89M | $293.89M | $289.26M | $282.43M | $300.54M | $278.15M | $279.13M | $265.21M | $283.18M | $260.74M | $265.36M | $253.10M | $241.84M | $219.00M | $224.82M | $215.95M | $228.41M | $220.62M | $217.74M | $221.99M | $232.21M | $219.36M |
| Low Forecast | $333.79M | $313.88M | $322.49M | $311.43M | $317.10M | $298.05M | $298.92M | $286.76M | $298.32M | $293.59M | $289.26M | $282.43M | $297.24M | $270.99M | $269.61M | $256.17M | $273.52M | $260.74M | $265.36M | $253.10M | $241.84M | $219.00M | $224.82M | $215.95M | $228.41M | $220.62M | $217.74M | $221.99M | $232.21M | $219.36M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | 1.00% | 0.99% | 1.00% | 1.00% | 1.02% | 1.03% | 1.06% | 1.02% | 1.02% | 1.06% | 0.97% | 1.07% | 1.01% | 1.02% | 1.01% |
Blackbaud's average Quarter revenue forecast for Dec 23 based on 3 analysts is $299.04M, with a low forecast of $297.24M, and a high forecast of $300.54M. BLKB's average Quarter revenue forecast represents a 7.71% increase compared to the company's last Quarter revenue of $277.63M (Sep 23).
Blackbaud EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.04M | - | $19.33M | $10.22M | $22.77M | $28.93M | $20.69M | $15.14M | $32.45M | $33.81M | $26.09M | $22.55M | $33.30M | $44.50M | $31.30M | $24.82M | $30.93M |
| Avg Forecast | $43.13M | $40.55M | $41.67M | $40.24M | $40.97M | $38.51M | $38.62M | $37.31M | $38.58M | $37.31M | $36.74M | $28.52M | $37.99M | $34.99M | $34.83M | $25.93M | $14.94M | $32.04M | $25.47M | $31.10M | $29.72M | $26.91M | $27.62M | $23.57M | $28.07M | $27.11M | $26.75M | $27.90M | $28.53M | $26.95M |
| High Forecast | $43.90M | $41.28M | $42.41M | $40.96M | $41.70M | $39.20M | $39.31M | $38.06M | $39.49M | $37.33M | $36.74M | $34.22M | $38.18M | $35.33M | $35.46M | $31.11M | $17.93M | $32.04M | $30.57M | $31.10M | $29.72M | $26.91M | $27.62M | $28.28M | $28.07M | $27.11M | $26.75M | $33.48M | $28.53M | $26.95M |
| Low Forecast | $42.40M | $39.87M | $40.97M | $39.56M | $40.28M | $37.86M | $37.97M | $36.43M | $37.90M | $37.29M | $36.74M | $22.82M | $37.76M | $34.42M | $34.25M | $20.74M | $11.95M | $32.04M | $20.38M | $31.10M | $29.72M | $26.91M | $27.62M | $18.86M | $28.07M | $27.11M | $26.75M | $22.32M | $28.53M | $26.95M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.63% | - | 0.75% | 0.68% | 0.71% | 1.14% | 0.67% | 0.51% | 1.21% | 1.22% | 1.11% | 0.80% | 1.23% | 1.66% | 1.12% | 0.87% | 1.15% |
3 analysts predict BLKB's average Quarter EBITDA for Dec 23 to be $37.99M, with a high of $38.18M and a low of $37.76M. This is 72.32% upper than Blackbaud's previous annual EBITDA (Sep 23) of $22.04M.
Blackbaud Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.02M | - | $-14.70M | $-21.26M | $-10.32M | $-3.42M | $-10.41M | $-7.06M | $6.19M | $6.73M | $-164.00K | $-13.62M | $4.88M | $11.82M | $4.64M | $1.32M | $4.57M |
| Avg Forecast | $66.86M | $64.80M | $67.12M | $59.64M | $64.28M | $59.51M | $58.99M | $50.86M | $54.86M | $54.73M | $53.59M | $-179.23K | $54.21M | $49.91M | $48.02M | $-162.94K | $-6.96M | $31.09M | $-3.01M | $34.19M | $35.14M | $32.34M | $36.17M | $-148.13K | $36.64M | $36.38M | $25.95M | $4.13M | $25.77M | $26.01M |
| High Forecast | $68.42M | $66.31M | $68.68M | $61.02M | $65.78M | $60.89M | $60.36M | $51.90M | $55.88M | $54.94M | $54.84M | $-143.39K | $56.30M | $51.97M | $49.14M | $-130.35K | $-5.57M | $31.09M | $-2.41M | $34.19M | $35.14M | $32.34M | $36.17M | $-118.50K | $36.64M | $36.38M | $25.95M | $4.96M | $25.77M | $26.01M |
| Low Forecast | $65.40M | $63.38M | $65.66M | $58.33M | $62.88M | $58.21M | $57.70M | $49.82M | $53.84M | $54.53M | $52.42M | $-215.08K | $50.57M | $47.85M | $46.97M | $-195.53K | $-8.36M | $31.09M | $-3.62M | $34.19M | $35.14M | $32.34M | $36.17M | $-177.75K | $36.64M | $36.38M | $25.95M | $3.31M | $25.77M | $26.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | - | 90.22% | 3.05% | -0.33% | 1.14% | -0.30% | -0.20% | 0.19% | 0.19% | 1.11% | -0.37% | 0.13% | 0.46% | 1.12% | 0.05% | 0.18% |
Blackbaud's average Quarter net income forecast for Dec 23 is $54.21M, with a range of $50.57M to $56.30M. BLKB's average Quarter net income forecast represents a 501.24% increase compared to the company's last Quarter net income of $9.02M (Sep 23).
Blackbaud SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $95.06M | - | $107.22M | $115.98M | $106.27M | $100.13M | $98.98M | $96.30M | $79.44M | $77.46M | $79.38M | $95.64M | $82.59M | $81.80M | $84.59M | $87.05M | $84.40M |
| Avg Forecast | $127.16M | $119.57M | $122.85M | $118.64M | $120.80M | $113.54M | $113.87M | $110.00M | $113.76M | $110.02M | $108.34M | $86.75M | $112.00M | $103.17M | $102.71M | $78.87M | $95.03M | $97.66M | $88.17M | $94.80M | $90.58M | $82.02M | $84.20M | $71.70M | $85.55M | $82.63M | $81.55M | $75.40M | $86.97M | $82.16M |
| High Forecast | $129.43M | $121.71M | $125.05M | $120.76M | $122.96M | $115.57M | $115.91M | $112.23M | $116.44M | $110.08M | $108.34M | $104.11M | $112.56M | $104.18M | $104.55M | $94.64M | $114.03M | $97.66M | $105.81M | $94.80M | $90.58M | $82.02M | $84.20M | $86.04M | $85.55M | $82.63M | $81.55M | $90.47M | $86.97M | $82.16M |
| Low Forecast | $125.02M | $117.56M | $120.78M | $116.64M | $118.77M | $111.63M | $111.96M | $107.40M | $111.73M | $109.96M | $108.34M | $69.40M | $111.33M | $101.50M | $100.98M | $63.09M | $76.02M | $97.66M | $70.54M | $94.80M | $90.58M | $82.02M | $84.20M | $57.36M | $85.55M | $82.63M | $81.55M | $60.32M | $86.97M | $82.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 1.36% | 1.22% | 1.09% | 1.14% | 1.04% | 1.06% | 0.97% | 0.92% | 1.11% | 1.12% | 1.00% | 1.00% | 1.12% | 1.00% | 1.03% |
Blackbaud's average Quarter SG&A projection for Dec 23 is $112.00M, based on 3 Wall Street analysts, with a range of $111.33M to $112.56M. The forecast indicates a 17.83% rise compared to BLKB last annual SG&A of $95.06M (Sep 23).
Blackbaud EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.17 | - | $-0.28 | $-0.41 | $-0.20 | $-0.07 | $-0.20 | $-0.15 | $0.13 | $0.14 | $-0.00 | $-0.28 | $0.10 | $0.25 | $0.10 | $0.03 | $0.10 |
| Avg Forecast | $1.29 | $1.25 | $1.30 | $1.16 | $1.25 | $1.15 | $1.14 | $0.98 | $1.06 | $1.06 | $1.04 | $0.89 | $1.05 | $0.97 | $0.93 | $0.68 | $0.60 | $0.60 | $0.68 | $0.66 | $0.68 | $0.63 | $0.70 | $0.62 | $0.71 | $0.70 | $0.50 | $0.47 | $0.50 | $0.50 |
| High Forecast | $1.33 | $1.28 | $1.33 | $1.18 | $1.27 | $1.18 | $1.17 | $1.01 | $1.08 | $1.06 | $1.06 | $0.91 | $1.09 | $1.01 | $0.95 | $0.69 | $0.62 | $0.60 | $0.68 | $0.66 | $0.68 | $0.63 | $0.70 | $0.62 | $0.71 | $0.70 | $0.50 | $0.47 | $0.50 | $0.50 |
| Low Forecast | $1.27 | $1.23 | $1.27 | $1.13 | $1.22 | $1.13 | $1.12 | $0.96 | $1.04 | $1.06 | $1.02 | $0.87 | $0.98 | $0.93 | $0.91 | $0.66 | $0.59 | $0.60 | $0.68 | $0.66 | $0.68 | $0.63 | $0.70 | $0.62 | $0.71 | $0.70 | $0.50 | $0.47 | $0.50 | $0.50 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | - | -0.41% | -0.68% | -0.33% | -0.10% | -0.30% | -0.22% | 0.21% | 0.20% | -0.01% | -0.39% | 0.14% | 0.50% | 0.21% | 0.06% | 0.20% |
According to 3 Wall Street analysts, Blackbaud's projected average Quarter EPS for Dec 23 is $1.05, with a low estimate of $0.98 and a high estimate of $1.09. This represents a 517.65% increase compared to BLKB previous annual EPS of $0.17 (Sep 23).
Blackbaud Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ASUR | Asure Software | $8.78 | $14.33 | 63.21% | Buy |
| ETWO | E2open Parent | $2.98 | $4.40 | 47.65% | Hold |
| AMSWA | American Software | $10.95 | $15.50 | 41.55% | Buy |
| ALKT | Alkami | $37.81 | $45.67 | 20.79% | Buy |
| PCTY | Paylocity | $194.78 | $218.64 | 12.25% | Buy |
| BSY | Bentley Systems | $46.76 | $52.33 | 11.91% | Buy |
| ENV | Envestnet | $63.09 | $67.86 | 7.56% | Hold |
| PRGS | Progress Software | $65.79 | $70.20 | 6.70% | Buy |
| ANSS | ANSYS | $339.52 | $359.60 | 5.91% | Buy |
| SSNC | SS&C Technologies | $72.90 | $75.50 | 3.57% | Buy |
| AZPN | Aspen | $247.00 | $254.40 | 3.00% | Buy |
| MANH | Manhattan Associates | $270.74 | $276.57 | 2.15% | Buy |
| TYL | Tyler | $599.68 | $558.00 | -6.95% | Buy |
| BLKB | Blackbaud | $83.50 | $74.33 | -10.98% | Buy |