Professional
Added to YB: 2025-03-05
Pitch date: 2025-03-04
BLKB [bearish]
Blackbaud, Inc.
+1.87%
current return
Author Info
The Lion's Roar is searching for the next long/short idea. Primarily US, SMID cap focused, but looking for value everywhere. Sign up for the newsletter.
Company Info
Blackbaud, Inc. engages in the provision of cloud software and services in the United States and internationally.
Market Cap
$2.9B
Pitch Price
$64.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.09
P/E
-11.74
EV/Sales
3.45
Sector
Software
Category
value
Three Interesting Setups - Blackbaud, Inc.
BLKB short: $750M Everfi acquisition disaster, -28% rev since purchase. CEO underperformed S&P500 by 200%. 2025 rev guide -3% y/y, +4.5% ex-Everfi. New 3-yr contracts mask true growth. Donation market shifts threat. Buybacks offset dilution only. ~50x 2027 P/E. Clearlake takeover risk, but likely to reduce 18% stake instead.
Read full article (4 min)