Blackbaud (BLKB) Projected to Release Earnings on Wednesday

Blackbaud (NASDAQ:BLKB) will likely be issuing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Blackbaud to announce 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. Individuals can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:00 AM ET.

Blackbaud (NASDAQ:BLKB) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.10. The company had revenue of $290.60 million for the quarter, compared to the consensus estimate of $292.23 million. Blackbaud had a net margin of 13.12% and a return on equity of 197.49%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 Price Performance

Shares of BLKB opened at $53.57 on Wednesday. The firm has a market cap of $2.43 billion, a PE ratio of 16.74, a P/E/G ratio of 1.82 and a beta of 1.04. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 16.82. The firm has a fifty day simple moving average of $45.80 and a two-hundred day simple moving average of $37.89. Blackbaud has a 1-year low of $25.58 and a 1-year high of $70.71.

Insider Buying and Selling

In other Blackbaud news, CFO Chad Anderson sold 2,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $47.56, for a total transaction of $95,120.00. Following the completion of the sale, the chief financial officer owned 59,883 shares of the company’s stock, valued at approximately $2,848,035.48. The trade was a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 dated Monday, August 31st. The shares were sold at an average price of $48.27, for a total value of $100,691.22. Following the sale, the executive vice president directly owned 71,038 shares of the company’s stock, valued at $3,429,004.26. This represents a 2.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 43,086 shares of company stock valued at $2,001,761. Company insiders own 2.01% of the company’s stock.

Analyst Upgrades and Downgrades

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

About Blackbaud

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.