Workflow
Blackbaud(BLKB)
icon
Search documents
Blackbaud's 13th Annual YourCause CSR Industry Review Shows Stable Employee Giving and Volunteering Trends in 2024
Prnewswire· 2025-06-11 13:30
Trends Identified from Subset of YourCause® from Blackbaud® Customers, Representing More than 300 Companies with 7M+ Global EmployeesCHARLESTON, S.C., June 11, 2025 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today released its 13th annual YourCause CSR Industry Review, analyzing corporate social responsibility (CSR) program data and employees' philanthropic behavior. This unmatched industry report provides insights and trends from more than 300 com ...
Blackbaud Equips Nonprofits with Cutting-Edge AI Skills and Unveils Vision for Agentic AI at bbdevdays Developer's Conference
Prnewswire· 2025-06-04 15:30
Core Insights - Blackbaud has launched its annual virtual conference, bbdevdays, focusing on AI strategies and innovations for social impact organizations [1][2] - The conference aims to enhance the skills of developers and promote community engagement within the social impact tech sector [2][4] AI Strategy and Innovations - Blackbaud introduced its Intelligence for Good® AI strategy, highlighting predictive AI that identifies billions of dollars in untapped giving potential and generative AI for improved communication with supporters [2][3] - Upcoming innovations include Blackbaud Copilot, an AI-powered assistant that allows users to interact with data using natural language [2][3] Developer Engagement and Ecosystem - The conference emphasizes the flexibility of Blackbaud's ecosystem, enabling developers to utilize robust APIs and partner integrations, making it accessible even for non-developers [4] - bbdevdays has evolved from a niche gathering to a major virtual event, reflecting the growing interest and participation in the developer community [4] Conference Highlights - Keynote speakers include industry leaders and experts, providing insights on innovation and entrepreneurship [5][6] - The event features mainstage presentations, track sessions, and interactive networking opportunities through Braindates, fostering collaboration among attendees [6][7] Company Overview - Blackbaud is a leading software provider dedicated to social impact, serving various sectors including nonprofits and education, with over $100 billion raised or managed annually [9] - The company has been recognized for its commitment to social responsibility and remote work culture, operating in over 100 countries [9]
Blackbaud (BLKB) Up 0.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-05-30 16:37
Core Viewpoint - Blackbaud's shares have increased by approximately 0.7% since the last earnings report, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1]. Estimates Movement - Estimates for Blackbaud have remained flat over the past month, indicating no significant changes in analyst expectations [2]. VGM Scores - Blackbaud currently holds a strong Growth Score of A, but has a low Momentum Score of D and a Value Score of D, placing it in the bottom 40% for the value investment strategy. The overall aggregate VGM Score for the stock is B, which is relevant for investors not focused on a single strategy [3]. Outlook - Blackbaud has a Zacks Rank of 1 (Strong Buy), suggesting an expectation of above-average returns from the stock in the upcoming months [4].
Blackbaud's 2024 Impact Report Highlights Continued Commitment to Corporate Social Responsibility
Prnewswire· 2025-05-29 13:30
Core Insights - Blackbaud released its 2024 Impact Report, highlighting advancements in environmental, social, and governance (ESG) priorities over the past year [1][2] People & Culture - The company emphasizes employee engagement, development, well-being, and inclusion, with over 70% of employees volunteering in 2024 compared to a global median of 23% [6] - Blackbaud provided 18,000 courses through LinkedIn Learning to enhance talent development [6] - 87% of employees feel their work is important [6] Social Impact - Blackbaud's software supports individuals and organizations in driving social change, processing over 20 million donations through its JustGiving® platform in 2024 [3][6] - The company raised, granted, or managed over $100 billion annually through its platforms [6] Environmental Sustainability - Blackbaud achieved 100% carbon neutrality for 2024 emissions and a 92% reduction in global greenhouse gas emissions since 2019 [6] - The company reduced energy consumption by 25% and water usage by 21% at its global headquarters since 2019 [6] - Blackbaud's headquarters received the U.S. EPA's ENERGY STAR® certification for superior energy performance [6] Governance & Data Responsibility - Customer trust is a top priority, with the establishment of councils focused on employee inclusion, sustainability, generative AI, and deepfake oversight [5][6] - Blackbaud's Chief Data & AI Officer was recognized as one of DataIQ's 100 Most Influential People in Data in 2024 [6] Innovation & Technology - The company unveiled six waves of innovation in 2024 aimed at empowering nonprofits, schools, and corporate social impact teams [6] - Blackbaud is migrating its technology to public cloud environments and enhancing security measures against cyber threats [10]
New Report from the Blackbaud Institute Shows Clear Link Between Social Impact Organizations' Tech Use and Fundraising Revenue Growth
Prnewswire· 2025-05-28 14:30
Core Insights - The report by the Blackbaud Institute highlights how technology-savvy organizations are gaining a competitive edge in fundraising through effective integration of AI and technology [1][2][3] Group 1: Technology Integration and Revenue Growth - Organizations with higher levels of technology integration are more likely to report revenue growth and less likely to report revenue decline compared to those with limited tech use [7] - 72% of nonprofit respondents met or exceeded their fundraising targets over the past year, indicating a positive trend in fundraising performance [2] Group 2: AI Adoption in Nonprofits - 82% of nonprofits are utilizing AI tools, primarily free generative platforms for content creation, with some also leveraging AI for prospecting and A/B testing [7] - There is a belief among the majority of organizations that AI will become pervasive in the sector, enhancing efficiency [7] Group 3: Need for AI Policies and Training - Only 14% of nonprofits currently have an AI policy in place, indicating a significant gap in sector-wide AI guidance [7] - 60% of fundraisers believe that better training would enhance technology use, while 56% call for improved system integration [7] Group 4: Resource Allocation and Revenue Growth - Among organizations that experienced revenue growth, 44% attributed this success to adequate resourcing, while 51% of those with revenue declines cited insufficient resources as the primary reason [7]
Top Big Data Stocks to Bet on to Ride the Analytics Revolution
ZACKS· 2025-05-23 14:31
Industry Overview - Big Data is transforming the finance world, enabling quicker and more informed decision-making through AI and advanced machine learning algorithms [1] - The global Big Data market is projected to reach $401.2 billion by 2028, indicating significant growth potential across various industries including healthcare, finance, retail, and manufacturing [3] Technological Advancements - Banks and financial institutions are leveraging Big Data and AI for targeted marketing strategies and real-time fraud detection [2] - NVIDIA is at the forefront of AI development with its Blackwell technology, enhancing the efficiency of AI model training and simulations [5] - Moody's Corporation has shifted from traditional ratings to risk analytics, expanding its services through acquisitions and new capabilities [6] Company Innovations - Blackbaud has integrated AI and predictive analytics into its solutions to assist clients in understanding donor behavior and optimizing fundraising strategies [8] - Confluent Inc. has developed a platform utilizing technologies like Apache Kafka to enable real-time data streaming, enhancing customer satisfaction and sales [12][13] - CME Group Inc. has effectively managed high trading volumes and market risks using Big Data and AI, processing over 13 billion messages in a volatile week [15][16] Market Positioning - Blackbaud is emerging as a leader in social impact by utilizing AI to enhance business operations and client services, holding a Zacks Rank 1 (Strong Buy) [11] - Confluent holds a Zacks Rank 2 (Buy), offering flexible services that cater to various business needs regarding data management [13][14] - CME Group's investments in technology have positioned it as a leader in the financial exchange sector, demonstrating resilience during market volatility [17]
5 Big Data Stocks to Buy for Stellar Returns in the Short Term
ZACKS· 2025-05-22 14:40
Core Insights - The article highlights the significance of Big Data in enhancing business decision-making, risk management, and operational efficiency through advanced analytics and AI technologies [3][4]. Company Summaries Confluent Inc. (CFLT) - Confluent operates a data streaming platform, providing managed cloud-native SaaS and self-managed software solutions [7]. - Expected revenue and earnings growth rates are 19% and 32.4%, respectively, for the current year, with a 20.5% improvement in earnings estimates over the past 30 days [8]. - The short-term average price target indicates a potential increase of 28.9% from the last closing price of $21.05, with a maximum upside of 71% [9]. Blackbaud Inc. (BLKB) - Blackbaud offers cloud software and services, achieving solid execution of strategic goals with organic revenue growth and stock buybacks [10][11]. - Expected revenue and earnings growth rates are -3.1% and 17.9%, respectively, with an 8.4% improvement in earnings estimates over the past 30 days [12]. - The short-term average price target suggests a 10.7% increase from the last closing price of $62.12, indicating a maximum upside of 36.8% [12]. Sprout Social Inc. (SPT) - Sprout Social provides a web-based social media management platform, offering AI-powered solutions for various social media functions [13][14]. - Expected revenue and earnings growth rates are 11.3% and 20.6%, respectively, with a 10.3% improvement in earnings estimates over the past 30 days [14]. - The short-term average price target indicates a potential increase of 30.7% from the last closing price of $21.55, with a maximum upside of 94.9% [15]. HubSpot Inc. (HUBS) - HubSpot delivers a cloud-based customer relationship management platform, experiencing steady adoption and integration of AI features [16][17]. - Expected revenue and earnings growth rates are 15.4% and over 100%, respectively, with a 49% improvement in earnings estimates over the past 30 days [18]. - The short-term average price target suggests a 19% increase from the last closing price of $621.25, indicating a maximum upside of 49.7% [18]. Teradata Corp. (TDC) - Teradata provides a hybrid cloud analytics platform, benefiting from strong cloud ARR growth and strategic partnerships with major tech companies [19][20]. - Expected revenue and earnings growth rates are -6.5% and -2.1%, respectively, with unchanged earnings estimates over the past 30 days [20]. - The short-term average price target indicates an 18.7% increase from the last closing price of $21.82, with a maximum upside of 60.4% [21].
Blackbaud Named One of Newsweek's World's Greenest Companies 2025
Prnewswire· 2025-05-19 15:00
Core Insights - Blackbaud has been recognized as one of the World's Greenest Companies 2025 by Newsweek and Plant-A Insights Group, highlighting its commitment to sustainability and social impact [1][2] - The recognition is based on a comprehensive analysis of sustainability data from over 8,000 companies, with only 750 making the final list, emphasizing Blackbaud's strong environmental performance [2][3] Company Commitment to Sustainability - Blackbaud has a long-standing commitment to sustainability, focusing on reducing greenhouse gas emissions and supporting customers in their sustainability efforts [2][3] - The company has achieved a 90% reduction in global greenhouse gas emissions since 2019, showcasing its dedication to decarbonization [6] Recognition and Awards - In addition to being named one of the World's Greenest Companies, Blackbaud has also been included in Newsweek's America's Most Responsible Companies 2025 and USA Today's America's Climate Leaders 2024 lists [3] - The company's software solutions have facilitated over $100 billion raised, granted, or managed annually, demonstrating its significant impact in the nonprofit and education sectors [4] Operational Scope - Blackbaud operates as a remote-first company with a presence in the United States, Australia, Canada, Costa Rica, India, and the United Kingdom, supporting users in over 100 countries [4]
Here's Why Blackbaud (BLKB) is a Strong Momentum Stock
ZACKS· 2025-05-12 14:55
Company Overview - Blackbaud Inc. is a leading cloud software company focused on social causes, providing a range of cloud-based and on-premise software solutions for organizations of all sizes, including fundraising, marketing, and financial management [11] - The company’s SKY platform powers innovation and offers tools for clients and partners to extend the Blackbaud ecosystem [11] Investment Highlights - Blackbaud has a Zacks Rank of 1 (Strong Buy) and a VGM Score of B, indicating strong potential for investment [12] - The stock has a Momentum Style Score of B, with shares increasing by 3.7% over the past four weeks [12] - Earnings estimates for fiscal 2025 have been revised higher by two analysts in the last 60 days, with the Zacks Consensus Estimate increasing by $0.03 to $4.23 per share [12] - The company has an average earnings surprise of 1.2%, suggesting a positive outlook [12] Conclusion - With a solid Zacks Rank and strong Momentum and VGM Style Scores, Blackbaud is positioned as a favorable investment opportunity [13]
Blackbaud Announces Return of K-12 User Conference for 2026
Prnewswire· 2025-05-07 13:30
Core Insights - Blackbaud is hosting its K-12 user conference in July 2026 in Boston, aimed at K-12 independent school leaders and staff, providing networking and learning opportunities [1][2] - The conference will feature keynote speakers, product sessions, and an innovative Unconference experience, allowing attendees to shape discussions on relevant topics [2][3] - Blackbaud's recent participation in the ATLIS annual conference highlighted its commitment to the K-12 sector, showcasing expertise in areas like artificial intelligence and cybersecurity [3][4] Company Overview - Blackbaud is a leading software provider focused on social impact, serving nonprofit and education sectors, with over $100 billion raised or managed annually through its platforms [5] - The company operates in multiple countries, including the United States, Australia, Canada, and the United Kingdom, supporting users in over 100 countries [5] - Blackbaud has received recognition from various organizations, including Newsweek and Forbes, for its commitment to social responsibility and employee satisfaction [5]