Blackbaud Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Blackbaud stock has a consensus rating of "Buy" and an average price target of $51. The average 1-year stock price forecast is 84.72% higher than the current stock price, while the lowest is $45 (+62.98%) and the highest is $65 (+135.42%).

Price Target: $51 (+84.72%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$45	$51	$50	$65
Change	+62.98%	+84.72%	+81.09%	+135.42%

* Price targets were last updated on Apr 30, 2026.

Analyst Ratings

The average analyst rating for Blackbaud stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	1	0	1	2
Buy	2	2	1	2	2	1
Hold	3	3	3	3	2	2
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kirk Materne Evercore ISI	Evercore ISI	Hold Maintains $55 → $45	Hold	Maintains	$55 → $45	+62.98%	Apr 30, 2026
Robert Oliver Robert W. Baird	Robert W. Baird	Buy Upgrades $60 → $50	Buy	Upgrades	$60 → $50	+81.09%	Apr 30, 2026
J. Parker Lane Stifel Nicolaus	Stifel Nicolaus	Hold Maintains $50 → $45	Hold	Maintains	$50 → $45	+62.98%	Apr 28, 2026
Brian Peterson Raymond James	Raymond James	Buy Maintains $60	Buy	Maintains	$60	+117.31%	Feb 10, 2026

Financial Forecast

Revenue This Year

1.18B

from 1.13B

4.23%

from 1.13B

Revenue Next Year

1.23B

from 1.18B

4.35%

from 1.18B

EPS This Year

5.19

from 4.45

16.72%

from 4.45

EPS Next Year

5.87

from 5.19

12.94%

from 5.19

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	927.74M	1.06B	1.11B	1.15B	1.13B	1.18B
Revenue Growth	1.59%	14.05%	4.63%	4.30%	-2.27%	4.23%
Gross Profit	484.55M	552.72M	599.06M	631.43M	663.59M	725.68M
Gross Margin	52.23%	52.24%	54.11%	54.69%	58.81%	61.70%
Operating Income	32.29M	33.44M	105.38M	179.48M	220.06M	370.01M
Net Income	5.70M	-45.41M	3.02M	-299.52M	114.97M	143.03M
EPS	-	-	-	-	4.45	5.19
EPS Growth	-	-	-	-	9.34%	16.72%
Forward PE	26.90	19.70	20.11	16.56	13.06	5.32
Free Cash Flow	241.88M	173.71M	187.51M	265.23M	166.87M	263.82M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.2B
Avg	1.2B
Low	1.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	4.3%
Avg	4.2%
Low	4.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	5.19
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	16.7%
Low	-