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Added to YB: 2024-05-02

Pitch date: 2024-04-25

BLKB [neutral]

Blackbaud, Inc.

-21.47%

current return

Author Info

No bio for this author

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

$78.62

Price Target

N/A

Dividend

N/A

EV/EBITDA

13.09

P/E

-11.74

EV/Sales

3.45

Sector

Software

Category

value

Show full summary:
O'Keefe Stevens Advisory Research Idea: Blackbaud, Inc.

BLKB: Provides payment processing & CRM software for non-profits. Implementing new contract structure: 3yr w/ 3-5yr renewals + annual price hikes. Mid-teens price increase should boost margins but retention & duration of price hikes are concerns. Valuation too high currently, monitoring for better entry point.

Read full article (1 min)