BLKB — Blackbaud Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates BLKB Bearish with a Setup Score of 34, net conviction 47, actionability 24. How the Setup Score works →

Total Setup Score34
Directional BiasBearish
Net Conviction47
Actionability24 (in range)

Key signals behind this score

About Blackbaud Inc

Blackbaud, Inc. engages in the providing AI-powered solutions in the United States and internationally. The company offers fundraising and engagement solutions, including Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving from Blackbaud, Blackbaud Fundraiser Performance Management, and Blackbaud Altru; financial management solutions, such as Blackbaud Financial Edge NXT, Blackbaud Purchase Card… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$47.42
Market Cap$2.11B
Float33.8M
Shares Outstanding45.4M
P/E (Forward)8.76
P/E (TTM)14.43
Price/Sales (TTM)1.84
vs. Analyst Target+12.6% to analyst PT
Profit Margin13.12%
Operating Margin (TTM)21.75%
Revenue (TTM)$1.15B
Earnings Growth (YoY)43.60%
Dividend RateNone
Analyst Target Price$53.40 (6 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $913M $7.7M $486M $104M
2021 $928M $5.7M $485M $83.7M
2022 $1.06B -$45.4M $553M $99.0M
2023 $1.11B $1.8M $604M $179M
2024 $1.16B -$283M $639M $254M
2025 $1.13B $115M $663M $286M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $281M $47.5M
Dec 2025 $295M $36.7M
Mar 2026 $281M $31.1M
Jun 2026 N/A $35,400

Ownership & Float

Insider Ownership2.0%
Institutional Ownership110.9%
Short Float12.4%
% of All Funds Holding3.17%
Number of Funds Holding279

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$38.29Near-term / short-term trend
Weekly40-Week SMA$43.68Medium-term trend
Weekly80-Week SMA$53.66Cyclical trend (business cycle)
Weekly200-Week SMA$65.47Secular trend (multi-year)
Monthly10-Month SMA$44.83Near-term monthly trend
Monthly20-Month SMA$55.15Medium-term monthly trend
Monthly40-Month SMA$65.85Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$30.10 support 1.39x 0 months ago
$53.00 resistance 1.73x 5 months ago
$64.00 resistance 1.10x 8 months ago
$75.00 resistance 1.14x 17 months ago

Historical Earnings Reactions (89 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.32% 0.05% 51.69% 19.49% -13.81%
1 Day 1.01% 0.90% 53.93% 16.98% -14.85%
1 Week 1.05% 0.49% 52.81% 22.09% -18.78%
2 Weeks 0.64% 0.52% 51.69% 22.33% -20.06%
1 Month 1.62% 1.74% 56.82% 24.08% -28.07%

Next earnings: October 17, 2026 (51 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-1.3%50.0%22
Feb-2.8%45.5%22
Mar3.3%68.2%22
Apr0.5%40.9%22
May-0.1%63.6%22
Jun2.1%50.0%22
Jul4.6%68.2%22
Aug1.0%54.5%22
Sep-1.0%36.4%22
Oct1.9%50.0%22
Nov2.0%63.6%22
Dec2.1%68.2%22

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.06% 51.2% 1041
Tuesday 0.01% 50.9% 1141
Wednesday 0.01% 51.9% 1141
Thursday 0.14% 52.3% 1119
Friday 0.08% 51.3% 1113

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 110.9%

Insider Transactions — Smart Summary

Total insider ownership: 2.0%

12-Month Insider Activity Summary

Total Filings10
Net Value-$5.5M
Net Shares Change-107,341
% of Float-0.3%
C-Suite Filings8
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Benjamin David J EVP, Chief Commercial Officer -$1.7M 2 2 sell
Gregoire Kevin P. EVP, Chief Operating Officer -$1.1M 2 2 sell
McDearis Kevin EVP & Chief Technology Officer -$934,416.222 1 N/A
Gianoni Michael P President and CEO -$901,900.5 1 1 sell
Olson Jon W SVP and General Counsel -$727,779 1 1 sell
DeFiore Deneen -$266,445.6 1 1 sell
Anderson Chad Executive VP and CFO -$194,278.55 1 N/A
Hollenbeck Rupal S -$90,384 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-02-20 – 2026-03-06 5 4 -$3.4M 5 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-07 Gregoire Kevin P. EVP, Chief Operating Officer -$1.0M Transaction at $45.50, now +4.2%
2026-03-03 Olson Jon W SVP and General Counsel -$727,779 Transaction at $48.52, now -2.3%
2026-03-06 Gregoire Kevin P. EVP, Chief Operating Officer -$100,040 Transaction at $50.02, now -5.2%
2026-02-25 Benjamin David J EVP, Chief Commercial Officer -$917,964.018 Transaction at $48.30, now -1.8%
2026-02-20 Benjamin David J EVP, Chief Commercial Officer -$761,873.101 Transaction at $49.39, now -4.0%
2025-11-06 Gianoni Michael P President and CEO -$901,900.5 Transaction at $60.13, now -21.1%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Blackbaud Inc (BLKB) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BLKB on Trend Edge →