Blackbaud (BLKB) Expected to Post Quarterly Earnings on Wednesday

Blackbaud (NASDAQ:BLKB) will likely be releasing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to post earnings of $1.33 per share and revenue of $293.93 million for the quarter. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. Interested persons may visit the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:00 AM ET.

Blackbaud (NASDAQ:BLKB) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.10. The business had revenue of $290.60 million during the quarter, compared to analyst estimates of $292.23 million. Blackbaud had a net margin of 13.12% and a return on equity of 197.49%. The company’s revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.21 earnings per share. On average, analysts expect Blackbaud to post $3.71 EPS for the current fiscal year and $4.30 EPS for the next fiscal year.

Blackbaud Stock Performance

Shares of NASDAQ BLKB opened at $53.57 on Wednesday. The firm has a fifty day moving average price of $45.80 and a 200-day moving average price of $37.89. The company has a debt-to-equity ratio of 16.82, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market cap of $2.43 billion, a PE ratio of 16.74, a price-to-earnings-growth ratio of 1.82 and a beta of 1.04. Blackbaud has a 1 year low of $25.58 and a 1 year high of $70.71.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Stifel Nicolaus lowered their target price on shares of Blackbaud from $45.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Robert W. Baird upped their target price on shares of Blackbaud from $54.00 to $58.00 and gave the stock an “outperform” rating in a report on Tuesday, September 15th. Weiss Ratings upgraded Blackbaud from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Finally, Raymond James Financial reissued an “outperform” rating and set a $55.00 price target on shares of Blackbaud in a report on Wednesday, July 29th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $49.50.

Insider Activity at Blackbaud

In other news, CFO Chad Anderson sold 2,000 shares of Blackbaud stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $47.56, for a total transaction of $95,120.00. Following the sale, the chief financial officer owned 59,883 shares in the company, valued at $2,848,035.48. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David J. Benjamin sold 2,086 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $48.27, for a total transaction of $100,691.22. Following the completion of the transaction, the executive vice president directly owned 71,038 shares in the company, valued at $3,429,004.26. This trade represents a 2.85% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 43,086 shares of company stock valued at $2,001,761. Corporate insiders own 2.01% of the company’s stock.

Blackbaud Company Profile

Blackbaud, Inc (NASDAQ: BLKB) develops cloud-based software and services for nonprofit organizations, educational institutions, healthcare and other social-impact organizations. Its technology helps customers manage fundraising, donor relationships, financial operations, grantmaking, marketing, ticketing, payments and community engagement.

The company’s product portfolio includes solutions such as Raiser’s Edge NXT for nonprofit fundraising and constituent relationship management, Financial Edge NXT for nonprofit accounting, Luminate for online fundraising and advocacy, Grantmaking, Blackbaud Tuition Management, and Altru for cultural organizations.