Blackbaud (NASDAQ:BLKB) Hits New 12-Month Low – Should You Sell?

Blackbaud, Inc. (NASDAQ:BLKB)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $45.71 and last traded at $47.68, with a volume of 1152826 shares trading hands. The stock had previously closed at $48.25.

Key Headlines Impacting Blackbaud

Here are the key news stories impacting Blackbaud this week:

• Positive Sentiment: Q4 EPS and revenue beat consensus — GAAP EPS $1.19 vs. $1.15 est.; revenue $295.3M vs. $292.7M est., showing an earnings upside that supports valuation and upside expectations. Zacks: Q4 Earnings Beat
• Positive Sentiment: Very bullish FY2026 EPS guidance: $5.150–$5.250 vs. consensus near $4.30 — a sizable guide-up that materially raises FY26 earnings expectations. PR Newswire: FY25 Results & Guidance
• Positive Sentiment: Management highlighted growth initiatives, strong cash flow and AI investments on the earnings call, which supports the upbeat guidance and long-term margin improvement potential. TipRanks: Earnings Call Highlights
• Positive Sentiment: Street reaction: headlines noted an initial rally after the Q4 beat and bullish guidance, indicating investor enthusiasm for the outlook. MSN: Rally After Q4
• Neutral Sentiment: The full earnings call transcript and slide deck are available for deeper review (useful for investors doing due diligence). Seeking Alpha: Call Transcript
• Neutral Sentiment: Reported short-interest data appears anomalous (0 shares reported for the period), suggesting a possible data glitch — not meaningful until confirmed.
• Negative Sentiment: Despite the beat and guidance, the stock is down today on elevated volume (1.15M vs. avg ~426k) and remains significantly below its 50-/200-day moving averages, signaling technical selling pressure and potential profit-taking.
• Negative Sentiment: Underlying fundamentals still show areas of concern: revenue was down ~2.3% YoY for the quarter, the company reports a negative net margin, and leverage appears high (debt/equity ~9.6), which could limit upside if execution slips. MarketBeat: Earnings Summary

Analyst Ratings Changes

Several brokerages have issued reports on BLKB. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Blackbaud in a research report on Wednesday, January 21st. Stifel Nicolaus set a $50.00 price target on shares of Blackbaud in a report on Tuesday. Wall Street Zen raised shares of Blackbaud from a “hold” rating to a “buy” rating in a research note on Sunday, November 9th. Raymond James Financial set a $60.00 price objective on shares of Blackbaud in a report on Tuesday. Finally, Zacks Research downgraded Blackbaud from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Blackbaud currently has an average rating of “Reduce” and a consensus price target of $62.00.

Blackbaud Stock Down 1.2%

The company has a debt-to-equity ratio of 9.63, a current ratio of 0.69 and a quick ratio of 0.69. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of -9.17, a PEG ratio of 1.78 and a beta of 1.10. The firm’s fifty day moving average is $58.73 and its 200-day moving average is $61.86.

Blackbaud (NASDAQ:BLKB) last announced its quarterly earnings data on Tuesday, February 10th. The technology company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.04. The company had revenue of $295.26 million during the quarter, compared to analyst estimates of $292.71 million. Blackbaud had a negative net margin of 22.57% and a positive return on equity of 137.13%. The firm’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period last year, the business earned $1.08 EPS. Blackbaud has set its FY 2026 guidance at 5.150-5.250 EPS. On average, sell-side analysts predict that Blackbaud, Inc. will post 3.05 earnings per share for the current year.

Insiders Place Their Bets

In other Blackbaud news, Director Rupal S. Hollenbeck sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $56.49, for a total transaction of $90,384.00. Following the sale, the director owned 6,366 shares in the company, valued at $359,615.34. This represents a 20.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.97% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Blackbaud

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Blackbaud by 14.7% during the 3rd quarter. Vanguard Group Inc. now owns 5,516,432 shares of the technology company’s stock valued at $354,762,000 after acquiring an additional 706,695 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Blackbaud by 143,409.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,207,179 shares of the technology company’s stock valued at $139,759,000 after purchasing an additional 2,205,641 shares during the last quarter. Geneva Capital Management LLC raised its holdings in shares of Blackbaud by 6.6% during the second quarter. Geneva Capital Management LLC now owns 1,221,745 shares of the technology company’s stock worth $78,448,000 after purchasing an additional 75,675 shares during the period. Greenhouse Funds LLLP raised its holdings in shares of Blackbaud by 13.7% during the third quarter. Greenhouse Funds LLLP now owns 802,904 shares of the technology company’s stock worth $51,635,000 after purchasing an additional 96,457 shares during the period. Finally, Van Berkom & Associates Inc. lifted its position in shares of Blackbaud by 16.7% in the 4th quarter. Van Berkom & Associates Inc. now owns 779,935 shares of the technology company’s stock worth $49,385,000 after buying an additional 111,388 shares during the last quarter. 94.21% of the stock is currently owned by institutional investors.

Blackbaud Company Profile

Blackbaud, Inc is a leading provider of cloud software, services and data intelligence solutions designed specifically for the social good community. The company’s main offerings include fundraising and relationship management platforms, financial management systems, grant and award management tools, and advanced analytics. Its flagship products—such as Raiser’s Edge NXT, Blackbaud Financial Edge NXT and Blackbaud NetCommunity—help nonprofit organizations, educational institutions, healthcare providers and foundations streamline donor engagement, optimize financial operations and measure program impact.

Founded in 1981 and headquartered in Charleston, South Carolina, Blackbaud has grown from a small technology startup into a global specialist in nonprofit software.