Blackbaud (BLKB) Stock Forecast, Price Target & Predictions
BLKB Stock Forecast
Blackbaud stock forecast is as follows: an average price target of $87.50 (represents a 13.98% upside from BLKB’s last price of $76.77) 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 $87.50 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 $80.00. This represents a potential 13.98% upside from BLKB's last price of $76.77.
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 |
|---|---|---|---|---|---|---|
| Oct 31, 2024 | Rob Oliver | Robert W. Baird | $80.00 | $74.29 | 7.69% | 4.21% |
| Oct 07, 2024 | Brian Peterson | Raymond James | $95.00 | $81.42 | 16.68% | 23.75% |
| Sep 25, 2024 | Rob Oliver | Robert W. Baird | $92.00 | $84.07 | 9.43% | 19.84% |
| Apr 11, 2024 | Parker Lane | Stifel Nicolaus | $48.00 | $75.97 | -36.82% | -37.48% |
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 4.21% increase from BLKB last price ($76.77).
Blackbaud Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $80.00 | $78.75 |
| Last Closing Price | $76.77 | $76.77 | $76.77 |
| Upside/Downside | -100.00% | 4.21% | 2.58% |
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 $76.77. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 | $332.07M | $312.53M | $318.29M | $307.04M | $317.15M | $298.10M | $298.99M | $288.85M | $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 | $339.35M | $319.38M | $325.27M | $313.77M | $324.11M | $304.63M | $305.54M | $292.78M | $305.60M | $293.89M | $289.26M | $282.43M | $300.54M | $278.15M | $280.23M | $266.26M | $282.02M | $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 | $319.63M | $300.82M | $306.36M | $295.54M | $305.27M | $286.92M | $287.78M | $284.93M | $301.87M | $293.59M | $289.26M | $282.43M | $297.24M | $270.99M | $263.95M | $250.78M | $274.54M | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 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 | $40.96M | $38.55M | $39.26M | $37.87M | $39.12M | $36.77M | $36.88M | $35.63M | $37.46M | $36.23M | $35.68M | $28.52M | $36.88M | $33.97M | $33.82M | $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 | $41.85M | $39.39M | $40.12M | $38.70M | $39.97M | $37.57M | $37.68M | $36.11M | $37.69M | $36.25M | $35.68M | $34.22M | $37.07M | $34.31M | $34.56M | $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 | $39.42M | $37.10M | $37.79M | $36.45M | $37.65M | $35.39M | $35.49M | $35.14M | $37.23M | $36.21M | $35.68M | $22.82M | $36.66M | $33.42M | $32.55M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | - | 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 $36.88M, with a high of $37.07M and a low of $36.66M. This is 67.31% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 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 | $69.02M | $65.23M | $66.61M | $58.86M | $64.28M | $59.51M | $58.99M | $50.99M | $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 | $70.98M | $67.09M | $68.50M | $60.54M | $66.11M | $61.20M | $60.67M | $52.03M | $55.88M | $54.94M | $55.12M | $-143.39K | $56.30M | $51.97M | $49.39M | $-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 | $65.65M | $62.05M | $63.36M | $55.99M | $61.15M | $56.61M | $56.12M | $49.95M | $53.84M | $54.53M | $50.98M | $-215.08K | $50.57M | $47.85M | $45.68M | $-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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 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 | $124.25M | $116.94M | $119.10M | $114.89M | $118.67M | $111.54M | $111.87M | $108.08M | $113.65M | $109.91M | $108.24M | $86.75M | $111.89M | $103.07M | $102.61M | $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 | $126.98M | $119.50M | $121.71M | $117.41M | $121.27M | $113.99M | $114.33M | $109.55M | $114.35M | $109.97M | $108.24M | $104.11M | $112.45M | $104.08M | $104.86M | $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 | $119.60M | $112.56M | $114.63M | $110.58M | $114.22M | $107.36M | $107.68M | $106.61M | $112.95M | $109.85M | $108.24M | $69.40M | $111.22M | $101.40M | $98.76M | $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 $111.89M, based on 3 Wall Street analysts, with a range of $111.22M to $112.45M. The forecast indicates a 17.71% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 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 | $1.34 | $1.26 | $1.29 | $1.14 | $1.25 | $1.15 | $1.14 | $0.99 | $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 | $1.37 | $1.30 | $1.33 | $1.17 | $1.28 | $1.19 | $1.18 | $1.01 | $1.08 | $1.06 | $1.07 | $0.92 | $1.09 | $1.01 | $0.96 | $0.70 | $0.61 | $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 | $1.20 | $1.23 | $1.08 | $1.18 | $1.10 | $1.09 | $0.97 | $1.04 | $1.06 | $0.99 | $0.85 | $0.98 | $0.93 | $0.88 | $0.65 | $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 |
|---|---|---|---|---|---|
| ETWO | E2open Parent | $2.73 | $4.40 | 61.17% | Hold |
| MANH | Manhattan Associates | $222.84 | $304.20 | 36.51% | Buy |
| PRGS | Progress Software | $56.30 | $73.20 | 30.02% | Buy |
| ALKT | Alkami | $36.26 | $45.67 | 25.95% | Buy |
| BSY | Bentley Systems | $45.58 | $55.50 | 21.76% | Buy |
| SSNC | SS&C Technologies | $80.23 | $92.00 | 14.67% | Buy |
| BLKB | Blackbaud | $76.77 | $87.50 | 13.98% | Buy |
| AZPN | Aspen | $263.79 | $274.00 | 3.87% | Buy |
| ANSS | ANSYS | $346.29 | $359.60 | 3.84% | Buy |
| TYL | Tyler | $607.41 | $621.67 | 2.35% | Buy |
| PCTY | Paylocity | $203.45 | $201.43 | -0.99% | Buy |
| ASUR | Asure Software | $12.34 | $12.00 | -2.76% | Buy |