Blackbaud, Inc. (BLKB)

Blackbaud, Inc. stock has experienced volatility, with a decline of -13.26% over the past month and -7.50% over the past six months. Over the last year, the stock has shown a -34.79% decrease. Recent financial reports include Blackbaud backing its FY25 adjusted EPS view of $4.30-$4.50 and reporting Q3 adjusted EPS of $1.10, exceeding the consensus of $1.07. Analysts have lowered price targets, and insider selling has been observed.

Blackbaud's business model suggests stable demand due to recurring revenue from subscriptions and transactional fees. Demand for fundraising-related products may experience seasonality, with the end of the year being a significant period for fundraising activities. The company's partnership with GivingTuesday and reports on donor engagement highlight the importance of specific giving periods.

Blackbaud, Inc. is a cloud computing provider dedicated to the social impact community, operating in the Technology sector, specifically the Software publishing industry. Its business model revolves around selling cloud-based software and payment processing services to organizations within the social good sector, anchored in recurring revenue. Blackbaud's solutions manage various aspects of social impact organizations, including fundraising, CRM, digital marketing, advocacy, accounting, CSR, school management, ticketing, grant management, financial management, payment processing, and analytics. The company is actively integrating AI into its platforms.

Blackbaud is a remote-first company with a global presence, supporting users in over 100 countries. Headquartered in Charleston, South Carolina, U.S., it has operations in Australia, Canada, Costa Rica, India, and the United Kingdom. In November 2025, Blackbaud expanded its global footprint with a new office in Hyderabad, India.

Blackbaud's brand reputation has been impacted by legal and regulatory scrutiny related to a 2020 ransomware attack. Blackbaud settled claims with 49 U.S. states and the District of Columbia for $49.5 million and faces class-action lawsuits. Despite these challenges, Blackbaud continues to position itself as a leader in social impact software, emphasizing its commitment to innovation, client success, and driving social good through technology.

Institutional investors control the majority of Blackbaud, Inc.'s shares, influencing the company's direction. Approximately 90.60% of the company's stock is owned by Institutional Investors, while insiders own about 2.04%, and public companies and individual investors hold 7.36%. Clearlake Capital Group LP is the largest individual shareholder. Recent insider trading activity has shown more selling than buying in the past three months.