Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Blackbaud Inc before investing.

In this article, we go over a few key elements for understanding Blackbaud Inc’s stock price such as:

• Blackbaud Inc’s current stock price and volume
• Why Blackbaud Inc’s stock price changed recently
• Upgrades and downgrades for BLKB from analysts
• BLKB’s stock price momentum as measured by its relative strength

About Blackbaud Inc (BLKB)

Before we jump into Blackbaud Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Blackbaud, Inc. is a cloud software and services provider. The Company enhances its software with a range of payment processing, analytic and business intelligence services, consulting, training, and professional services, as well as maintenance and technical support. Its specific solutions and services include fundraising and engagement, financial management, grant and award management, education solutions, social responsibility and ESG, payment services, data intelligence, professional and managed services, customer support, and training. Its fundraising and engagement solutions include Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud eTapestry, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving from Blackbaud, Blackbaud Fundraiser Performance Management, Blackbaud Altru, and Blackbaud Guided Fundraising. Its financial management services include Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid Management.

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Blackbaud Inc’s Stock Price as of Market Close

As of April 11, 2024, 4:00 PM, CST, Blackbaud Inc’s stock price was $75.97.

Blackbaud Inc is up 4.24% from its previous closing price of $72.88.

During the last market session, Blackbaud Inc’s stock traded between $72.36 and $73.70. Currently, there are 52.70 million shares of Blackbaud Inc stock available for purchase.

Unfortunately, Blackbaud Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Blackbaud Inc Stock Price History

Blackbaud Inc’s (BLKB) price is currently up 2.47% so far this month.

During the month of April, Blackbaud Inc’s stock price has reached a high of $80.00 and a low of $70.16.

Over the last year, Blackbaud Inc has hit prices as high as $88.56 and as low as $64.32. Year to date, Blackbaud Inc’s stock is up 29.07%.

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What Caused Blackbaud Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 10, 2024, there were 0 analysts who downgraded Blackbaud Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Blackbaud Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Blackbaud Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Blackbaud Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Blackbaud Inc (BLKB) by visiting AAII Stock Evaluator.

Relative Price Strength of Blackbaud Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 10, 2024, Blackbaud Inc has a weighted four-quarter relative price strength of -6.24%, which translates to a Momentum Score of 46 and is considered to be Average.

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Blackbaud Inc Stock Price: Bottom Line

As of April 11, 2024, Blackbaud Inc’s stock price is $75.97, which is up 4.24% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Blackbaud Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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