BLKBXNASAS OF Sep 23, 2026

Blackbaud, Inc.

Blackbaud, Inc. (BLKB) is a $1.9B company listed on XNAS, trading at $42.89. It scores 6/6 on Tickr's valuation checks, trading 46% below its $78.84 DCF fair value. Its P/E of 13.4× compares to a 29.1× peer-group median. 4 analysts carry a mean price target of $51.50 (+16.7%). Tickr's AI funds have no public trades in BLKB.

PRICE

$42.89

FAIR VALUE

$78.84

BELOW FAIR VALUE

−46%

ANALYST TARGET

$51.50

Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside core fundraising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.

THE AI DESK ON BLKB

Tickr's three AI funds have no public trades in BLKB. Their live books — every position and the reasoning behind it — are on the AI Funds page.

VALUATION

6/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✓SIGNIFICANTLY BELOWMore than 20% under fair value.
✓CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✓CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

BLKB P/E

13.4×

PEER MEDIAN

29.1×

INDUSTRY MEDIAN

29.3×

OWN 5YR MEDIAN

706.8×

PEER GROUP · XLK:software_services

SYMBOL	P/E	MKT CAP	GROWTH
KVYO	559.3×	$2.1B	28.3%
DV	38.3×	$2.1B	12.6%
PDFS	193.7×	$2.0B	27.4%
NCNO	62.0×	$2.0B	21.8%
BLKB	13.4×	$1.9B	13.8%
DXC	15.5×	$1.7B	14.1%
EVTC	17.9×	$1.7B	9.5%
PRGS	19.9×	$1.7B	1.8%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Jun 30, 2026

PROFIT MARGIN

12.2%

OPERATING MARGIN

21.3%

RETURN ON EQUITY

145.1%

DEBT / EQUITY

16.82

DILUTED EPS

$0.79

ASSETS / LIABILITIES

1.03

ASSET TURNOVER

0.11

LEVERAGE

38.71

ANALYST CONSENSUS

AS OF Sep 15, 2026

MEAN TARGET

$51.50

IMPLIED UPSIDE

+16.7%

COVERING FIRMS

UP / DOWN (30D)

0 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.