Blackbaud Inc (BLKB)
Blackbaud, Inc. is a leading provider of cloud software solutions designed specifically for the nonprofit sector, helping organizations across various domains—including foundations, educational institutions, and healthcare—drive their social impact. Headquartered in Charleston, South Carolina, Blackbaud delivers innovative technology that facilitates fundraising, financial management, and donor engagement for over 45,000 customers worldwide. With a commitment to empowering social good, the company continues to enhance its platform to meet the evolving needs of its diverse client base while promoting sustainable charitable initiatives globally.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 18.03% per annum.
- BLKB price at the close of January 28, 2026 was $54.87 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 5.78% per annum.
- BLKB price at the close of January 28, 2026 was lower than the bottom border of the secondary price channel by $1.01 (1.81%).
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of BLKB price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: April 15, 2024
End date: January 28, 2026
a = 5.0678
b = -0.0005
s = 0.0692
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -18.03%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0692) – 1
= 31.90%
April 15, 2024 calculations
Top border of price channel:
Exp(Y806)
= Exp(a + b × X806 + 2 × s)
= Exp(a + b × 1,172 + 2 × s)
= Exp(5.0678 + -0.0005 × 1,172 + 2 × 0.0692)
= Exp(4.5679)
= $96.34
Bottom border of price channel:
Exp(Y806)
= Exp(a + b × X806 – 2 × s)
= Exp(a + b × 1,172 – 2 × s)
= Exp(5.0678 + -0.0005 × 1,172 – 2 × 0.0692)
= Exp(4.2910)
= $73.04
January 28, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(5.0678 + -0.0005 × 1,825 + 2 × 0.0692)
= Exp(4.2122)
= $67.51
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(5.0678 + -0.0005 × 1,825 – 2 × 0.0692)
= Exp(3.9353)
= $51.18
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 18.03% per annum.
- BLKB price at the close of January 28, 2026 was $54.87 and was inside the primary price channel.
Secondary Trend
Start date: February 25, 2025
End date: January 28, 2026
a = 4.4122
b = -0.0002
s = 0.0456
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0002) – 1
= -5.78%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0456) – 1
= 20.02%
February 25, 2025 calculations
Top border of price channel:
Exp(Y1,022)
= Exp(a + b × X1,022 + 2 × s)
= Exp(a + b × 1,488 + 2 × s)
= Exp(4.4122 + -0.0002 × 1,488 + 2 × 0.0456)
= Exp(4.2608)
= $70.86
Bottom border of price channel:
Exp(Y1,022)
= Exp(a + b × X1,022 – 2 × s)
= Exp(a + b × 1,488 – 2 × s)
= Exp(4.4122 + -0.0002 × 1,488 – 2 × 0.0456)
= Exp(4.0782)
= $59.04
January 28, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.4122 + -0.0002 × 1,825 + 2 × 0.0456)
= Exp(4.2058)
= $67.07
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.4122 + -0.0002 × 1,825 – 2 × 0.0456)
= Exp(4.0233)
= $55.88
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 5.78% per annum.
- BLKB price at the close of January 28, 2026 was lower than the bottom border of the secondary price channel by $1.01 (1.81%).