Blackbaud Touts AI Agents, Payments Growth and Buybacks at Baird Conference

1 hour ago 2

MarketBeat

Sat, June 6, 2026 astatine 10:02 AM CDT 7 min read

Key Points

Interested successful Blackbaud, Inc.? Here are 5 stocks we similar better.
Blackbaud executives said the institution is leaning into AI with a three-wave strategy that includes analytics, generative AI, and caller agentic tools nether its “Agents for Good” initiative. The archetypal fundraising improvement cause has already launched to aboriginal adopters and is seeing bully traction.
Management highlighted dependable concern fundamentals, saying gross is increasing successful the mid-single digits and that lawsuit attrition has not materially changed contempt unit connected immoderate nonprofits. Payments and cross-sell are besides cardinal maturation drivers, with transactional gross moving a small implicit one-third of full revenue.
Blackbaud reiterated a beardown capital return focus, with plans to give astatine slightest 50% of escaped currency travel to buybacks and proceed reducing stock count. The institution besides reaffirmed its longer-term targets for revenue, EBITDA and EPS growth, portion saying AI could supply an further tailwind not yet reflected successful guidance.

Blackbaud (NASDAQ:BLKB) executives emphasized the company’s nonprofit bundle focus, artificial quality initiatives, payments accidental and superior instrumentality strategy during a treatment hosted by Baird Senior Research Analyst Rob Oliver.

Oliver described Blackbaud arsenic a vertical bundle person successful the nonprofit marketplace and said Baird had precocious upgraded the stock, calling it “incredibly inexpensive” from the firm’s view. The treatment featured Chad Anderson, Blackbaud’s main fiscal officer, and Jeff Klein, manager of firm strategy and development.

Executives Highlight Nonprofit Software Footprint

→ Coke's $10B India IPO Plan Pops the Top connected Hidden Value

Anderson described Blackbaud arsenic a unreality bundle institution serving a scope of nonprofit-related markets, including foundations, assemblage foundations, and foundations tied to universities and infirmary systems. He said the institution has operated successful the assemblage for 45 years, gathering domain expertise astir nonprofit operations and workflows.

At its core, Anderson said Blackbaud provides fundraising bundle and a fiscal solution designed for fund-related nonprofit accounting. He besides pointed to embedded analytics, payments and heavy workflow capabilities.

→ Rocket Lab Is Down 24% From Its 52-Week High—Pullback oregon Problem?

Anderson said Blackbaud grows gross “roughly successful mid-single digits” and that its gross basal is astir two-thirds subscription, typically tied to fundraising and fiscal absorption solutions. The remaining astir one-third comes from payments and different usage oregon depletion models.

Read Entire Article