BLKB

Strong BuyFull HouseAI neutral

Blackbaud, Inc. · Technology · United States · $2.5B cap · $26.2M/day traded

$55.07 -0.8% · close 26 Oct · scored 27 Oct

StockRank down 1.5 since 24 Oct: Value down 3.

Full House: Strong business, sensible price, market agrees. The rare full house.

87
StockRank
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Report expected 28 Oct: the next-year EPS estimate has risen 1.8% over the last 14 weeks.

Quality
64
Value
53
Momentum
69

As of 27 Oct 2026, MoatMap's StockRank for Blackbaud, Inc. (BLKB) is 87/100, ranked against 24,000+ stocks in 35 markets (Quality 64, Value 53, Momentum 69, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
17.4x
peers 32.6x
ROE
194.4%
peers 4.8%
D/E
17.3x
peers 0.3x
Dividend %
—
trailing yield
AI CONVICTION THESIS

Blackbaud is the leading software provider for nonprofit fundraising and school administration, with high switching costs and a very loyal customer base, and it is buying back stock. It is launching an AI fundraising model and a unified platform to defend its position. Growth is slow, the balance sheet carries meaningful debt, and seat-based software faces questions as AI tools spread, so the case rests on margin expansion rather than growth.

ABOUT BLACKBAUD, INC.

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Blackbaud, Inc. is a leading provider of cloud software solutions specifically designed for the global social good community, including nonprofits, foundations, corporations, and K-12 schools. Its comprehensive suite of products covers fundraising, CRM, accounting, and grant management, creating an integrated ecosystem. Blackbaud benefits from significant switching costs and network effects within its niche market, serving as an indispensable technology partner for organizations dedicated to social impact.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue1.1B1.1B1.2B1.1B2.2%1.1B1.2B1.2B4.5%
EPS-0.880.03-5.602.41796.3%3.202.843.2315.8%
Shares53.1M53.6M49.2M46.7M-12.0%45.4M———
Debt——1.1B——1.2B———
Equity744.0M808.7M126.8M85.1M-51.5%————
Op CF203.9M199.6M296.0M265.6M9.2%339.7M———
Inv CF-85.5M-64.4M-73.4M-74.9M—————
Fin CF-25.7M-143.0M-139.4M-247.4M—————
Loading 1Y...
PRICE (1Y) · USD+22.2%
41.445.249.052.756.515 Sep6 Oct26 Oct
SMA 50SMA 200

Price checkTurning upExperimental

117% above its 52-week low and back above a rising 50-day average since 13 Oct 2026.

SwingsBumpy

Swung more than 62% of stocks we rank over the past year (49% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$55.07
RSI (14)
90.2
52-Week Range-22.1% from high
Low $25.58High $70.71

SCORE BREAKDOWN

Quality
64
ROIC
16.5%75.8
ROE
194.4%99.8
GP/Assets
28.7%66.1
Op. Margin
21.8%84.9
FCF/Assets
8.6%74.1
Piotroski
892.3
Int. Cover
2.9x30.9
D/E Ratio
17.27x0.2
Current Ratio
0.83x5.7
Value
53
P/E (TTM)
17.4x69.8
EV/EBITDA
13.5x58.7
P/FCF
12.3x77.4
P/B
37.2x1.7
P/S
2.2x56.7
Div Yield
—N/A
Momentum
69
52W High %
78%73.0
RS 6M
41%88.0
SMA 50/200
1.12x77.0
EPS Rev 4W
0.0%55.1
EPS Rev 12W
+1.8%69.6
EPS Improve
+87%54.8
Q Growth
34%49.2

FUNDAMENTALS

Market Cap
$2.5B
P/E (Forward)
9.3x
Gross Margin
59.7%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of BLKB are excluded.

TickerCompanyMkt CapStockRankSignal
BLKBBlackbaud, Inc.(you)$2.5B87Strong Buy
PLUSePlus inc.$2.5B84Strong Buy
ALRMAlarm.com Holdings, Inc.$3.1B84Strong Buy
ADEAAdeia Inc.$2.3B80Strong Buy
SPSCSPS Commerce, Inc.$3.3B90Strong Buy
DBDDiebold Nixdorf, Incorporated$2.3B77Buy
QTWOQ2 Holdings, Inc.$4.3B86Strong Buy
NATLNCR Atleos Corporation$3.5B81Strong Buy
DAVEDave Inc.$4.5B86Strong Buy
FRSHFreshworks Inc.$4.0B83Strong Buy

Peer medians: ROE 4.8% · P/E 32.6x · Gross margin 52.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Blackbaud, Inc. (BLKB): Stock Score Summary

Blackbaud, Inc. (BLKB) has a MoatMap StockRank of 87/100 based on Quality (64/100), Value (53/100), and Momentum (69/100) factor scores. The current signal is STRONG BUY. Blackbaud is the leading software provider for nonprofit fundraising and school administration, with high switching costs and a very loyal customer base, and it is buying back stock. It is launching an AI fundraising model and a unified platform to defend its position. Growth is slow, the balance sheet carries meaningful debt, and seat-based software faces questions as AI tools spread, so the case rests on margin expansion rather than growth.

Blackbaud, Inc. is a leading provider of cloud software solutions specifically designed for the global social good community, including nonprofits, foundations, corporations, and K-12 schools. Its comprehensive suite of products covers fundraising, CRM, accounting, and grant management, creating an integrated ecosystem. Blackbaud benefits from significant switching costs and network effects within its niche market, serving as an indispensable technology partner for organizations dedicated to social impact.

Key Financial Metrics

Price$55.07
Market Cap$2.5B
P/E (TTM)17.36
P/E (Forward)9.30
Price/Book37.15
Return on Equity194.4%
Return on Invested Capital16.5%
Debt/Equity17.27x
Gross Margin59.7%
Operating Margin21.8%
Revenue Growth3.0%
Free Cash Flow$205M

Blackbaud, Inc. operates in the Software - Application industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Blackbaud, Inc.’s (BLKB) StockRank?
MoatMap’s StockRank for Blackbaud, Inc. (BLKB) is 87/100, with a Strong Buy signal. It is a composite of Quality (64), Value (53), and Momentum (69), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Blackbaud, Inc. have an economic moat?
Blackbaud, Inc. (BLKB) has a Quality factor score of 64/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Blackbaud, Inc. a buy, hold, or sell?
MoatMap’s current signal for Blackbaud, Inc. (BLKB) is Strong Buy, based on a StockRank of 87/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Blackbaud, Inc. in?
Blackbaud, Inc. (BLKB) operates in the Technology sector, specifically the Software - Application industry (United States).