Should I Buy BLKB? BLKB 2026 Analysis

Should You Buy Blackbaud Inc (BLKB) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

47.480

1 Day change

2.57%

52 Week Range

81.390

Analysis Updated At

2026/02/04

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Not a good buy right now for an impatient buyer: price is in a confirmed downtrend (bearish MAs + worsening MACD) and has already broken below the near support zone.
Options positioning is skewed bearish/defensive (heavy put open interest), while insiders are net sellers—both work against an immediate confident long entry.
A short, oversold bounce is possible (RSI extremely oversold), but without Intellectia buy signals it’s not a high-conviction “buy-now” setup.
Event to watch: QDEC 2025 earnings on 2026-02-10 (pre-market) is the next real catalyst; current news flow is not a strong price-moving driver.

Intellectia Proprietary Trading Signals

AI Stock Picker: No signal on given stock today.
SwingMax: No signal on given stock today.

Technical Analysis

Trend: Bearish. Moving averages are stacked negatively (SMA_200 > SMA_20 > SMA_5), indicating persistent downside momentum.
Momentum: MACD histogram at -0.661 and negatively expanding → selling pressure is still building, not stabilizing.
Overbought/oversold: RSI_6 = 13.19 (extremely oversold) → conditions support a potential reflex bounce, but this is not the same as a trend reversal.
Levels: Pivot 53.223 is well above current pre-market (~48.04), showing the stock is trading below key balance.
- Support: S1 49.518 (already below), S2 47.228 (next downside area).
- Resistance: 53.223 then 56.928.
Near-term pattern stats (similar candlesticks): higher probability of a small next-day dip (-2.55% scenario) than a clean immediate rebound.

Options Data

Bearish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Open interest: Puts 10,296 vs calls 3,121 → put-heavy positioning (bearish sentiment/hedging).
Volume: very thin (total volume 2; calls 0) → today’s flow isn’t confirming a fresh bullish turn.
Volatility: 30D IV ~42.09 vs HV ~36.74; IV percentile 74 → options are relatively expensive, implying elevated event/uncertainty pricing.
Interpretation: sentiment skew is defensive; not consistent with an aggressive “buy-now” long setup.

Technical Summary

Sell

Buy

Positive Catalysts

- Hedge funds are reported net buyers (buying amount up 36,436% QoQ), which can be supportive if it continues.
- Financial quality signals in the latest reported quarter: strong YoY improvement in net income/EPS and higher gross margin.
- Upcoming earnings (2026-02-10 pre-market) can provide a reset catalyst if guidance surprises to the upside.
- News is mildly positive for brand/ESG (AI-workforce partnership), though likely not a near-term price driver.

Neutral/Negative Catalysts

- Insiders are selling (selling amount up 132.71% over the last month) — negative signal versus “buy now.”
- Technicals remain decisively bearish (MA stack + expanding negative MACD), suggesting downside risk can persist even after oversold readings.
- Revenue in 2025/Q3 declined YoY (-1.95%), pointing to soft top-line growth.
- Options open interest is heavily put-skewed (OI put/call 3.3), consistent with bearish/defensive positioning.

Financial Performance

Latest quarter: 2025/Q3.
Revenue: $281.143M, down 1.95% YoY → modest contraction on the top line.
Profitability: Net income $47.492M, up 131.19% YoY; EPS $0.98, up 145% YoY → strong earnings growth (likely driven by margin expansion/expense control and/or non-operating impacts).
Margins: Gross margin 59.37%, up 7.53% YoY → clear improvement in efficiency/price mix.
Takeaway: fundamentals show improving profitability, but the market is currently trading the stock like a weakening trend name.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Most recent visible update: 2025-11-12 Baird kept Neutral and cut price target to $70 from $79 after Q3.
Trend: price target was reduced (a bearish revision), while the rating stayed neutral.
Wall Street pros/cons view from provided data:
- Pros: improved EPS/net income and gross margin; hedge funds reportedly accumulating.
- Cons: revenue decline, ongoing technical weakness, insider selling, and defensive options positioning.

2 Analyst Rating

Wall Street analysts forecast BLKB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLKB is 75 USD with a low forecast of 70 USD and a high forecast of 80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

2 Hold

0 Sell

Hold

Current: 46.290

Low

Averages

High

Current: 46.290

Low

Averages

High

Baird

Neutral

downgrade

$79 -> $70

AI Analysis

2025-11-12

Reason

Baird

Price Target

$79 -> $70

AI Analysis

2025-11-12

downgrade

Neutral

Reason

Baird lowered the firm's price target on Blackbaud to $70 from $79 and keeps a Neutral rating on the shares. The firm updated its model following Q3 results.

Baird

Rob Oliver

Hold

Maintains

$80 → $76

2025-02-19

Reason

Baird

Rob Oliver

Price Target

$80 → $76

2025-02-19

Maintains

Hold

Reason

Baird lowered the firm's price target on Blackbaud to $76 from $80 and keeps a Neutral rating on the shares. The firm said they provided mixed Q4 results though EVERFI is now out of the picture after sale closes.

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BLKB Should I Buy

BLKB Should I Buy

Should You Buy Blackbaud Inc (BLKB) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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