Blackbaud (BLKB) Stock Forecast, Price Target & Predictions
BLKB Stock Forecast
Blackbaud stock forecast is as follows: an average price target of $48.00 (represents a -43.38% downside from BLKB’s last price of $84.77) 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 $48.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $48.00 to $48.00. This represents a potential -43.38% downside from BLKB's last price of $84.77.
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 |
|---|---|---|---|---|---|---|
| Apr 11, 2024 | Parker Lane | Stifel Nicolaus | $48.00 | $75.97 | -36.82% | -43.38% |
The latest Blackbaud stock forecast, released on Apr 11, 2024 by Parker Lane from Stifel Nicolaus, set a price target of $48.00, which represents a -36.82% decrease from the stock price at the time of the forecast ($75.97), and a -43.38% decrease from BLKB last price ($84.77).
Blackbaud Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $48.00 |
| Last Closing Price | $84.77 | $84.77 | $84.77 |
| Upside/Downside | -100.00% | -100.00% | -43.38% |
In the current month, the average price target of Blackbaud stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Blackbaud's last price of $84.77. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Jun 05, 2023. The company Upgrade its BLKB rating from "null" to "Outperform".
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 | Jul 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 | - | $257.12M | $247.89M | $231.22M | $229.44M | $219.19M | $242.61M | $215.00M | $231.99M | $223.62M | $237.84M | $221.12M |
| Avg Forecast | $349.00M | $330.00M | $327.50M | $318.50M | $336.48M | $316.32M | $309.17M | $298.69M | $312.75M | $294.05M | $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 | $354.21M | $334.92M | $332.39M | $323.25M | $341.50M | $321.04M | $313.78M | $303.14M | $317.42M | $296.25M | $293.58M | $286.65M | $300.54M | $278.15M | $278.31M | $264.43M | $282.35M | $264.63M | $265.36M | $254.44M | $243.13M | $220.16M | $226.02M | $217.10M | $229.62M | $221.80M | $218.90M | $223.17M | $233.44M | $220.53M |
| Low Forecast | $344.76M | $325.99M | $323.52M | $314.63M | $332.39M | $312.48M | $305.41M | $295.06M | $308.95M | $292.23M | $285.75M | $279.00M | $297.24M | $270.99M | $270.89M | $257.38M | $274.82M | $257.57M | $265.36M | $252.17M | $240.96M | $218.20M | $224.00M | $215.16M | $227.58M | $219.82M | $216.95M | $221.18M | $231.36M | $218.56M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | 1.00% | 0.99% | 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 | Jul 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 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.04M | - | $19.33M | $10.22M | $22.77M | - | $20.69M | $15.14M | $32.45M | $33.81M | $26.09M | $22.55M | $33.30M | $44.50M | $31.30M | $24.82M | $30.93M |
| Avg Forecast | $42.88M | $40.55M | $40.24M | $39.14M | $41.35M | $38.87M | $37.99M | $36.70M | $38.43M | $36.13M | $35.54M | $28.52M | $36.74M | $33.85M | $33.70M | $25.93M | $34.18M | $15.10M | $32.61M | $31.10M | $13.58M | $13.73M | $24.36M | $23.57M | $18.10M | $31.87M | $29.06M | $27.90M | $24.32M | $27.21M |
| High Forecast | $43.52M | $41.15M | $40.84M | $39.72M | $41.96M | $39.45M | $38.56M | $37.25M | $39.00M | $36.40M | $36.07M | $34.22M | $36.93M | $34.18M | $34.20M | $31.11M | $34.69M | $18.12M | $32.61M | $31.26M | $16.30M | $16.47M | $29.23M | $28.28M | $21.72M | $38.24M | $34.88M | $33.48M | $29.19M | $32.66M |
| Low Forecast | $42.36M | $40.06M | $39.75M | $38.66M | $40.84M | $38.40M | $37.53M | $36.26M | $37.96M | $35.91M | $35.11M | $22.82M | $36.52M | $33.30M | $33.29M | $20.74M | $33.77M | $12.08M | $32.61M | $30.99M | $10.87M | $10.98M | $19.49M | $18.86M | $14.48M | $25.50M | $23.25M | $22.32M | $19.46M | $21.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | - | 0.75% | 0.30% | 1.51% | - | 0.67% | 1.11% | 2.36% | 1.39% | 1.11% | 1.25% | 1.04% | 1.53% | 1.12% | 1.02% | 1.14% |
3 analysts predict BLKB's average Quarter EBITDA for Dec 23 to be $36.74M, with a high of $36.93M and a low of $36.52M. This is 66.69% 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 | Jul 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 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.02M | - | $-14.70M | $-21.26M | $-10.32M | - | $-10.41M | $-7.06M | $6.19M | $6.73M | $-164.00K | $-13.62M | $4.88M | $11.82M | $4.64M | $1.32M | $4.57M |
| Avg Forecast | $66.15M | $68.47M | $69.76M | $57.88M | $68.42M | $64.29M | $62.32M | $53.33M | $58.19M | $55.19M | $53.64M | $-179.23K | $54.26M | $49.96M | $48.06M | $-162.94K | $31.18M | $2.88M | $36.32M | $36.02M | $-6.33M | $2.62M | $4.85M | $-148.13K | $-10.94M | $4.67M | $7.72M | $4.13M | $1.30M | $4.02M |
| High Forecast | $67.43M | $69.80M | $71.12M | $59.00M | $69.75M | $65.53M | $63.53M | $54.37M | $59.32M | $57.24M | $54.68M | $-143.39K | $56.35M | $52.01M | $48.99M | $-130.35K | $31.78M | $3.46M | $36.32M | $36.27M | $-5.06M | $3.14M | $5.82M | $-118.50K | $-8.75M | $5.60M | $9.27M | $4.96M | $1.56M | $4.82M |
| Low Forecast | $65.10M | $67.39M | $68.66M | $56.97M | $67.34M | $63.27M | $61.34M | $52.49M | $57.27M | $52.64M | $52.79M | $-215.08K | $50.61M | $47.90M | $47.30M | $-195.53K | $30.69M | $2.30M | $36.32M | $35.85M | $-7.60M | $2.09M | $3.88M | $-177.75K | $-13.12M | $3.73M | $6.18M | $3.31M | $1.04M | $3.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | - | 90.22% | -0.68% | -3.58% | - | -0.29% | 1.11% | 2.36% | 1.39% | 1.11% | 1.25% | 1.04% | 1.53% | 1.12% | 1.02% | 1.14% |
Blackbaud's average Quarter net income forecast for Dec 23 is $54.26M, with a range of $50.61M to $56.35M. BLKB's average Quarter net income forecast represents a 501.77% 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 | Jul 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 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $95.06M | - | $107.22M | $115.98M | $106.27M | - | $98.98M | $96.30M | $79.44M | $77.46M | $79.38M | $95.64M | $82.59M | $81.80M | $84.59M | $87.05M | $84.40M |
| Avg Forecast | $130.72M | $123.60M | $122.66M | $119.29M | $126.03M | $118.47M | $115.80M | $111.87M | $117.14M | $110.13M | $108.34M | $86.75M | $112.00M | $103.17M | $102.71M | $78.87M | $104.20M | $36.97M | $99.39M | $94.80M | $86.39M | $33.61M | $55.81M | $71.70M | $76.78M | $79.05M | $53.43M | $75.40M | $85.31M | $74.27M |
| High Forecast | $132.67M | $125.44M | $124.49M | $121.07M | $127.91M | $120.24M | $117.52M | $113.54M | $118.89M | $110.96M | $109.96M | $104.11M | $112.56M | $104.18M | $104.24M | $94.64M | $105.75M | $44.36M | $99.39M | $95.30M | $103.66M | $40.33M | $66.98M | $86.04M | $92.13M | $94.86M | $64.11M | $90.47M | $102.37M | $89.12M |
| Low Forecast | $129.13M | $122.10M | $121.17M | $117.84M | $124.50M | $117.04M | $114.39M | $110.51M | $115.72M | $109.45M | $107.02M | $69.40M | $111.33M | $101.50M | $101.46M | $63.09M | $102.93M | $29.57M | $99.39M | $94.45M | $69.11M | $26.89M | $44.65M | $57.36M | $61.42M | $63.24M | $42.74M | $60.32M | $68.24M | $59.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 1.36% | 1.11% | 2.87% | - | 1.04% | 1.11% | 2.36% | 1.39% | 1.11% | 1.25% | 1.04% | 1.53% | 1.12% | 1.02% | 1.14% |
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 | Jul 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 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.17 | - | $-0.28 | $-0.41 | $-0.20 | - | $-0.20 | $-0.15 | $0.13 | $0.14 | $-0.00 | $-0.28 | $0.10 | $0.25 | $0.10 | $0.03 | $0.10 |
| Avg Forecast | $1.28 | $1.32 | $1.35 | $1.12 | $1.32 | $1.24 | $1.21 | $1.03 | $1.13 | $1.07 | $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 | $1.30 | $1.35 | $1.38 | $1.14 | $1.35 | $1.27 | $1.23 | $1.05 | $1.15 | $1.11 | $1.06 | $0.91 | $1.09 | $1.01 | $0.95 | $0.69 | $0.62 | $0.61 | $0.68 | $0.67 | $0.68 | $0.63 | $0.70 | $0.63 | $0.71 | $0.71 | $0.51 | $0.47 | $0.50 | $0.51 |
| Low Forecast | $1.26 | $1.30 | $1.33 | $1.10 | $1.30 | $1.22 | $1.19 | $1.02 | $1.11 | $1.02 | $1.02 | $0.88 | $0.98 | $0.93 | $0.92 | $0.67 | $0.59 | $0.59 | $0.68 | $0.66 | $0.68 | $0.62 | $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% | - | -0.30% | -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 | $9.13 | $20.00 | 119.06% | Buy |
| AMSWA | American Software | $10.95 | $15.50 | 41.55% | Buy |
| PCTY | Paylocity | $159.53 | $215.00 | 34.77% | Buy |
| ALKT | Alkami | $30.17 | $34.50 | 14.35% | Buy |
| ANSS | ANSYS | $318.51 | $359.60 | 12.90% | Buy |
| ENV | Envestnet | $62.62 | $68.52 | 9.42% | Hold |
| PRGS | Progress Software | $57.99 | $62.50 | 7.78% | Buy |
| BSY | Bentley Systems | $49.57 | $53.00 | 6.92% | Buy |
| ETWO | E2open Parent | $4.40 | $4.40 | - | Hold |
| SSNC | SS&C Technologies | $74.74 | $74.50 | -0.32% | Buy |
| AZPN | Aspen | $225.21 | $220.00 | -2.31% | Buy |
| TYL | Tyler | $581.96 | $538.60 | -7.45% | Buy |
| MANH | Manhattan Associates | $263.74 | $229.33 | -13.05% | Buy |
| BLKB | Blackbaud | $84.77 | $48.00 | -43.38% | Buy |
BLKB Forecast FAQ
Is Blackbaud a good buy?
Yes, according to 2 Wall Street analysts, Blackbaud (BLKB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of BLKB's total ratings.
What is BLKB's price target?
Blackbaud (BLKB) average price target is $48 with a range of $48 to $48, implying a -43.38% from its last price of $84.77. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Blackbaud stock go up soon?
According to Wall Street analysts' prediction for BLKB stock, the company can go down by -43.38% (from the last price of $84.77 to the average price target of $48), down by -43.38% based on the highest stock price target, and down by -43.38% based on the lowest stock price target.
Can Blackbaud stock reach $130?
BLKB's average twelve months analyst stock price target of $48 does not support the claim that Blackbaud can reach $130 in the near future.
What are Blackbaud's analysts' financial forecasts?
Blackbaud's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.26B (high $1.28B, low $1.25B), average EBITDA is $154.9M (high $157.21M, low $153.02M), average net income is $248.36M (high $253.18M, low $244.44M), average SG&A $472.17M (high $479.21M, low $466.43M), and average EPS is $4.81 (high $4.9, low $4.73). BLKB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.32B (high $1.34B, low $1.31B), average EBITDA is $162.81M (high $165.24M, low $160.83M), average net income is $262.26M (high $267.35M, low $258.12M), average SG&A $496.27M (high $503.67M, low $490.24M), and average EPS is $5.08 (high $5.17, low $4.99).
Did the BLKB's actual financial results beat the analysts' financial forecasts?
Based on Blackbaud's last annual report (Dec 2022), the company's revenue was $1.06B, beating the average analysts forecast of $1.06B by 0.07%. Apple's EBITDA was $82.6M, missing the average prediction of $112.99M by -26.90%. The company's net income was $-45.407M, missing the average estimation of $106.4M by -142.68%. Apple's SG&A was $421.36M, beating the average forecast of $335.35M by 25.65%. Lastly, the company's EPS was $-0.88, missing the average prediction of $2.55 by -134.55%. In terms of the last quarterly report (Sep 2023), Blackbaud's revenue was $277.63M, beating the average analysts' forecast of $275.47M by 0.78%. The company's EBITDA was $22.04M, missing the average prediction of $33.85M by -34.87%. Blackbaud's net income was $9.02M, missing the average estimation of $49.96M by -81.95%. The company's SG&A was $95.06M, missing the average forecast of $103.17M by -7.87%. Lastly, the company's EPS was $0.17, missing the average prediction of $0.967 by -82.41%