Blackbaud, Inc. (BLKB)

Blackbaud's stock price experienced several notable events in the past six months. Blackbaud reported strong Q2 2025 results, surpassing revenue expectations, achieving organic revenue growth, and raising its 2025 total company guidance, but some analysts expressed skepticism about the sustainability of growth drivers. Blackbaud reported mixed Q3 2025 results, with EPS surpassing estimates but revenue falling short, leading to a negative market reaction. Blackbaud partnered with Anthropic on AI, saw a stock reaction to its Corporate Philanthropy in Review, and announced a new cohort for its Social Good Tech Accelerator. Blackbaud announced a reauthorized, expanded, and replenished stock repurchase program and increased stock repurchase expectations for 2025.

Information specifically detailing the demand seasonality for Blackbaud’s products and services is not explicitly provided. Charitable giving, which Blackbaud's fundraising solutions facilitate, often sees an increase towards the end of the year due to holiday giving and tax considerations. The demand for Blackbaud's fundraising tools may align with these giving trends, and the company's focus on education management solutions might also see demand fluctuations tied to academic cycles.

Blackbaud, Inc. is a leading provider of cloud software and related services dedicated to the social good community, operating in the Technology sector, specifically the Software - Application industry. The company's mission is to enable nonprofits, foundations, healthcare institutions, corporations, K-12 private and higher education institutions, religious organizations, and individual change agents to increase their impact through fundraising and engagement, financial management, grant and award management, and education solutions, as well as consulting, implementation, and support services.

Blackbaud is headquartered in Charleston, South Carolina, U.S., and has a global presence with operations in the United States, Australia, Canada, the United Kingdom, Costa Rica, and India, supporting users in over 100 countries.

Blackbaud has received positive recognition for its corporate responsibility and workplace culture, being named to Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers. However, Blackbaud's reputation has also been impacted by past events, including settlements related to a 2020 ransomware attack with 49 U.S. states and the District of Columbia, as well as a settlement with the FTC to improve data handling and protection practices, and faces class-action lawsuits from clients related to this incident.

Blackbaud's stock is primarily held by institutional investors, with significant ownership by Clearlake Capital Group, Vanguard Group Inc., and BlackRock, Inc. Clearlake Capital Group LP is the largest individual shareholder. Insider trading activity in the past three months shows that insiders have sold more company stock than they have bought.