STOCK TITAN

Blackbaud, Inc. - BLKB STOCK NEWS

Welcome to our dedicated page for Blackbaud news (Ticker: BLKB), a resource for investors and traders seeking the latest updates and insights on Blackbaud stock.

Blackbaud, Inc. (NASDAQ: BLKB) is a pioneering leader in providing cloud software designed to power social good. This innovative company serves a diverse range of sectors, including nonprofits, foundations, corporations, educational institutions, healthcare organizations, and individual change agents. Founded in 1981 and headquartered in Charleston, South Carolina, Blackbaud has a global footprint with operations in the United States, Australia, Canada, and the United Kingdom.

Blackbaud's comprehensive portfolio includes solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing, and analytics. These tools are designed to enhance the impact and efficiency of organizations dedicated to social good. With over 40,000 customers spread across more than 100 countries, the company facilitates the donation of over $100 billion annually.

Recently, Blackbaud has achieved notable milestones. It continues its strategic partnership with the Association of Fundraising Professionals (AFP), sponsoring the AFP ICON conference and launching new AI capabilities for Blackbaud Raiser's Edge NXT®. Other recent news includes an unsolicited acquisition proposal from Clearlake Capital Group and the release of its first-quarter 2024 financial results, showcasing growth in revenue and profitability.

Blackbaud is also investing in technological advancements and partnerships. It recently invested $5 million in UBIQ Education to enhance digital experience ecosystems for K-12 schools. Moreover, Blackbaud's subsidiary, EVERFI, received certification for its Prescription Drug Safety program under the Every Student Succeeds Act (ESSA).

As a testament to its commitment to social impact, Blackbaud's 2023 Impact Report highlights significant progress in its environmental, social, and governance priorities. The company has been recognized on Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers. Learn more about Blackbaud's solutions and impact at www.blackbaud.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
Tags
AI
-
Rhea-AI Summary
Blackbaud's EVERFI has launched new content programs and platform improvements to support financial education and social impact initiatives. The updates include resources for increasing financial capability in K-12 schools and improvements to the K-12 and consumer platforms. The company aims to provide high-quality educational content and drive product and platform innovations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
partnership
Rhea-AI Summary

Blackbaud (NASDAQ: BLKB) has commenced its Product Update Briefing sessions aimed at showcasing innovation in its software tailored for social impact organizations. This semiannual event will highlight ongoing and future technological advancements, particularly focusing on enhancing tools like Raiser's Edge NXT, Payment Services, and the Blackbaud SKY Platform. Key features to be discussed include improved online fundraising capabilities through machine learning, expanded payment options including Google Pay, and enhanced functionalities in Financial Edge NXT. Blackbaud emphasizes its commitment to providing valuable resources that empower organizations to maximize their impact in the nonprofit sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
none

FAQ

What is the current stock price of Blackbaud (BLKB)?

The current stock price of Blackbaud (BLKB) is $75.71 as of December 23, 2024.

What is the market cap of Blackbaud (BLKB)?

The market cap of Blackbaud (BLKB) is approximately 3.8B.

What does Blackbaud, Inc. do?

Blackbaud provides cloud software solutions to power social good, including tools for fundraising, financial management, digital giving, grantmaking, and more.

Where is Blackbaud headquartered?

Blackbaud is headquartered in Charleston, South Carolina.

What are some recent achievements of Blackbaud?

Recent achievements include a strategic partnership with AFP, an acquisition proposal from Clearlake Capital Group, and the release of Q1 2024 financial results showing growth in revenue and profitability.

What markets does Blackbaud serve?

Blackbaud serves nonprofits, foundations, corporations, educational institutions, healthcare organizations, and individual change agents.

How does Blackbaud support K-12 education?

Blackbaud supports K-12 education through investments like its $5 million in UBIQ Education and solutions like the Blackbaud School Website System and UBIQ’s AMAIS platform.

What was the recent proposal from Clearlake Capital Group about?

Clearlake Capital Group proposed to acquire all outstanding shares of Blackbaud for $80.00 per share in cash.

How much in donations does Blackbaud enable annually?

Blackbaud enables more than $100 billion in donations annually.

What recognition has Blackbaud received?

Blackbaud has been recognized on Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers.

What is Blackbaud's commitment to social impact?

Blackbaud is committed to fueling impact and unleashing generosity through its software, environmental, social, and governance priorities, as highlighted in its 2023 Impact Report.

Where can I learn more about Blackbaud?

You can learn more about Blackbaud on their website at www.blackbaud.com.

Blackbaud, Inc.

Nasdaq:BLKB

BLKB Rankings

BLKB Stock Data

3.85B
40.14M
1.77%
96.45%
1.26%
Software - Application
Services-prepackaged Software
Link
United States of America
CHARLESTON