Professional
Added to YB: 2025-03-05
Pitch date: 2025-03-04
BLKB [bearish]
Blackbaud, Inc.
+39.36%
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 providing AI-powered solutions in the United States and internationally.
Market Cap
$2.2B
Pitch Price
$64.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.56
P/E
20.48
EV/Sales
2.90
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)