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Company Analysis

Blackbaud, Inc. BLKB

A comprehensive view of key metrics, scores, and financial health for Blackbaud, Inc.

Overview of Blackbaud, Inc.

BLKB NMS
Technology Software - Application Small Cap
Blackbaud, Inc. (BLKB), is a Small Cap company, in the Software - Application industry, last closed at $37.51, about 182.9% undervalued vs fair value, -38.0% 1Y return, ranked 232/770 in sector.
Metrics P/E 26.7× Rev Growth -2.4% ROE 101.3% Gross Margin 58.6%
$37.51
0.86%
As of April 28, 2026
Previous close • Vol 90d: 43.6%
52-Week Range
Market Cap
$1.71B
Enterprise Value
$2.07B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Good
Valuation
Fair
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Good
Valuation
Fair
Completeness: 82%
Confidence: 54%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.blackbaud.com
HQ Charleston, SC
Employees 2,800
Fiscal year Dec 31

Next Events

Earnings Apr 29 Estimated

Fair Value Snapshot

Bear Base Bull
$97
$106
$117
Current: $37.51 +183% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$1.1B
-2.3%%
Gross Profit
$661.1M
3.4%%
Operating Income
$190.8M
41.5%%
Net Income
$115.0M
140.6%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
199.0%
Excellent

FCF / Net Income - measures how well earnings convert to cash

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$217.2M
94.9% of FCF

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
5
Active Leaks
5/5
Improving
0
High Impact
0
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Blackbaud, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
65
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Moderate
63
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Software SaaS vs Industry Peers 97% Coverage
Trade-Off Triangle Visualization A ternary plot showing BLKB's balance between Growth (22.8%), Profitability (42.5%), and Safety (34.7%). Growth 23% Safety 35% Profitability 42%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

36th percentile vs peers
37
Key Signals
EPS Growth YoY 1.42 86p Rev Growth YoY -2.4% 27p Revenue CAGR 3Y 2.2% 27p TSR -38.0% 22p
Strengths
  • EPS Growth YoY in top 20% of peers (1.42, 86th percentile)
  • Operating Margin in top 20% of peers (16.9%, 81th percentile)
  • D/E Ratio in top 20% of peers (13.16, 99th percentile)
  • Net Debt/EBITDA in top 20% of peers (4.72, 83th percentile)
  • Superior capital returns - 2 return metrics above peer median
Risks
  • Growth below peer median (percentile: 36)

Profitability

68th percentile vs peers
69
Key Signals
Strengths
Risks
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Safety

56th percentile vs peers
56
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Blackbaud, Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$106.10
- - -
+182.9% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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