Blackbaud, Inc. (BLKB)
NEUTRALFundamental
70
Price
$47.43
Market Cap
$2.20B
Part 1 · What the company is worth
Overview
Blackbaud, Inc. engages in the providing AI-powered solutions in the United States and internationally. The company offers fundraising and engagement solutions, including Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving from Blackbaud, Blackbaud Fundraiser Performance Management, and Blackbaud Altru; financial management solutions, such as Blackbaud Financial Edge NXT, Blackbaud Purchase Cards, Blackbaud Tuition Management, Blackbaud Financial Aid Management, and Blackbaud Billing Management; and grant and award management solutions, which includes Blackbaud Grantmaking and Blackbaud Award Management. It also offers education solutions, including Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, and Blackbaud School Website System; social responsibility, employee giving, and volunteering solutions, such as YourCause GrantsConnect and YourCause CSRconnect, and Blackbaud Impact Edge; and payment services, which includes Blackbaud Merchant Services. In addition, the company provides data intelligence solutions; professional and managed services, such as system implementation, data conversion, business process analysis and application customization, database merging and enrichment, database production activities, website design services, and outcome-based and prescriptive services; and training solutions. The company sells its solutions and related services through its direct sales force. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$1.15B
Trailing 12 months (through 6/30/2026)
Net Income
$151M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$258M
Total Equity
$85M
Total Liabilities
$2.31B
Current Ratio
0.83
Interest Coverage
3.43
Debt/EBITDA
4.18
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$110.66
Current Price
$47.43
Margin of Safety
+57.1%
Fair Value Range
$71.93 - $149.39
Estimation Methods
Valuation Metrics
P/E Ratio
15.07
ROE
135.2%
P/B Ratio
32.55
P/FCF
6.63
Gross Margin
59.6%
ROIC
14.4%
Profitability Radar
Value Creation (Economic Moat)
ROIC
14.4%
WACC
8.2%
ROIC − WACC
+6.2 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Fundamental Analysis Criteria
Passed (19)
- EPS shows upward trend
- EPS CAGR 7.62%
- ROIC 14.4%
- Gross Margin 59.6%
- P/FCF 6.63
- Operating Margin 19.8%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 204.4%
- Analyst Consensus 70% Buy
- PEG Ratio 0.19
- Earnings Quality (OCF/NI) 2.25
- Share Dilution -4.1%
- Net Margin Trend 13.1% vs -26.1%
- Piotroski F-Score 8/9
Failed (8)
- Price CAGR -2.93%
- P/B Ratio 32.55
- Debt/Equity ratio
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Fairly valued)
- Revenue Growth 5Y 4.3%
- Earnings Surprise avg 1.4%
Unavailable (1)
- Dividend Payout NaN%
Piotroski F-Score
Strong financial health
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Michael P. Gianoni | President, CEO & Non-Independent Vice Chairman of the Board | 64 |
| Mr. Chad M. Anderson | Executive VP & CFO | 52 |
| Mr. Kevin P. Gregoire | Executive VP & COO | 57 |
| Mr. Kevin R. McDearis | Executive VP & CTO | 57 |
| Mr. David J. Benjamin | Executive VP & Chief Commercial Officer | 53 |
| Mr. Chris Lindner | Chief Information Officer | - |
| Mr. Tom Barth | Head of Investor Relations | - |
| Mr. Jon W. Olson J.D. | Chief Legal Officer & Corporate Secretary | 61 |
| Nicole McGougan | Public Relations Manager | - |
| Ms. Margaret Driscoll | Chief People & Culture Officer | - |
Audit Risk
6
Board Risk
3
Compensation Risk
3
Shareholder Rights Risk
2
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Latest News
Recent headlines for BLKB, sourced from Markets Gazette.