Blackbaud Inc. BLKB
Computer Software: Prepackaged Software · IPO 2004 · data as of November 13, 2026
Blackbaud Inc. (BLKB) is a technology company listed in the US with a market value of about $2.4B. In the twelve months to September 30, 2026 it had revenue of $1.2B and net income of $149M, a net margin of 12.9%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is value (5/5); the weakest is financial health (1/5).
Key numbers: a P/E of 16.7, a price to free cash flow of 7.3, 5-year revenue growth of 4% a year, a 5-year average ROIC of -1%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 32% above the current price.
Score: 2.4 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Checks not passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Interest covered more than 5 times
- Debt below 3 years of free cash flow
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.2B | $1.1B | $1.1B | $928M | $913M | $900M | $849M | $788M | $731M |
| Net income | $149M | $115M | -$300M | $3M | -$45M | $6M | $8M | $12M | $45M | $74M | $45M |
| Free cash flow | $332M | $258M | $289M | $195M | $192M | $202M | $118M | $171M | $187M | $166M | $136M |
| EPS (diluted) | $3.24 | $2.37 | $-5.92 | $0.06 | $-1.76 | $0.24 | $0.32 | $0.50 | $1.86 | $3.08 | $1.92 |
| Net margin | 12.9% | 10.2% | -25.9% | 0.3% | -4.3% | 0.6% | 0.9% | 1.3% | 5.3% | 9.3% | 6.2% |
| ROIC | — | 13.9% | -20.9% | 2.2% | -1.4% | 1.1% | 3.0% | 2.2% | 5.3% | 6.9% | 8.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 4 analysts is $56.25, 4% above the current price; targets range from $45.00 to $68.00; the consensus rating is “Buy”; expected EPS is $5.25 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Blackbaud’s P/E ratio?
About 16.7, based on the last twelve months of diluted earnings per share (forward P/E about 9.4).
Is Blackbaud stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 32% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Blackbaud pay a dividend?
Not currently.
Is Blackbaud a good stock to buy?
We do not give buy or sell advice. Blackbaud scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.