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Blackbaud Highlights AI Capabilities Transforming Fundraising at AFP ICON 2026

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
AI

Blackbaud (NASDAQ: BLKB) is the presenting sponsor of AFP ICON 2026 and is showcasing AI tools for fundraising, including the Development Agent, AI features in Raiser's Edge NXT, and new Action Strategies. Blackbaud highlights Microsoft Certified Software for Non-Profit AI designation and transactable offers via Microsoft Commercial Marketplace.

The release cites Blackbaud Institute research that typical nonprofits saw ~4.3% revenue growth last year, with growth concentrated among organizations with greater capacity.

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Positive

  • Development Agent launched as an autonomous fundraising agent
  • Raiser's Edge NXT gains AI-enhanced intelligent assistance
  • Microsoft Certified Software for Non-Profit AI designation
  • Solutions available via Microsoft Commercial Marketplace

Negative

  • No company revenue or guidance disclosed in this announcement
  • No quantified near-term financial impact from AI features provided

Key Figures

Nonprofit revenue growth: 4.3% Companies in Verified Network: 500+ Employees reached: 9 million +5 more
8 metrics
Nonprofit revenue growth 4.3% Typical nonprofit revenue growth last year per Blackbaud Institute
Companies in Verified Network 500+ Companies using YourCause from Blackbaud for workplace impact programs
Employees reached 9 million Employees at companies partnering via the Blackbaud Verified Network
Conference booth #501 Blackbaud booth location at AFP ICON 2026
Rule of 40 profile 41.4% 2025 performance metric from DEF 14A
Organic recurring revenue $1,106 million 2025 organic recurring revenue with 5.8% growth
Revenue from recurring sources 98.0% Portion of total 2025 revenue from recurring sources
Gross dollar retention 91.8% 2025 gross dollar retention rate disclosed in DEF 14A

Market Reality Check

Price: $37.49 Vol: Volume 475,292 vs 20-day ...
normal vol
$37.49 Last Close
Volume Volume 475,292 vs 20-day average 557,396 (relative volume 0.85), showing no pre-news accumulation spike. normal
Technical Shares at $37.49 trade below the 200-day MA $57.21, about 49.93% under the 52-week high and 10.43% above the 52-week low.

Peers on Argus

BLKB was up 3.59% pre-news while key application software peers like INTA, NCNO,...

BLKB was up 3.59% pre-news while key application software peers like INTA, NCNO, BL, BRZE, and VERX also showed gains, but the momentum scanner did not flag a coordinated sector move, indicating a more stock-specific setup.

Previous AI Reports

5 past events · Latest: Mar 26 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Mar 26 AI conference launch Positive -0.0% Opened registration for bbcon 2026 focused on AI innovation for social impact.
Mar 17 AI product launch Positive +1.0% Announced general availability of Development Agent for Raiser's Edge NXT users.
Mar 04 AI customer outcomes Positive -1.2% Highlighted measurable efficiencies and fundraising lifts from AI-powered solutions.
Feb 03 AI awards recognition Positive -7.3% Disclosed triple award recognition for AI innovation and responsible leadership.
Nov 24 AI roadmap briefing Positive -2.9% Unveiled AI-driven product innovations and Agents for Good across the suite.
Pattern Detected

Recent AI-tagged announcements skew positive in tone but have mostly seen flat-to-negative next-day moves, with only one of five events showing a clearly positive price reaction.

Recent Company History

Over the past several months, Blackbaud has repeatedly highlighted its AI strategy. On Feb 3, it reported triple award recognition for AI innovation, followed by bi-annual AI product briefings on Nov 24, 2025. Subsequent updates in March 2026 showcased customer outcomes, the launch of the Development Agent, and AI-focused events like bbcon 2026 registration. These AI-tagged releases produced an average move of -2.06%, suggesting that, historically, upbeat AI news has not consistently translated into strong immediate price gains.

Historical Comparison

-2.1% avg move · In the last 5 AI-tagged releases, BLKB’s average next-day move was -2.06%, with mostly muted or nega...
AI
-2.1%
Average Historical Move AI

In the last 5 AI-tagged releases, BLKB’s average next-day move was -2.06%, with mostly muted or negative reactions to otherwise optimistic AI and product innovation updates.

AI news has evolved from broad innovation briefings and awards in late 2025 to concrete customer outcomes and the March 2026 launch of the Development Agent, now extending into conference showcases that emphasize embedded, workflow-centric AI for fundraisers.

Market Pulse Summary

This announcement underscores Blackbaud’s push to embed responsible AI into core fundraising workflo...
Analysis

This announcement underscores Blackbaud’s push to embed responsible AI into core fundraising workflows, highlighting tools like the Development Agent and intelligent assistance in Raiser's Edge NXT. Historically, AI-focused news has produced mixed short-term reactions, with an average move of -2.06% across similar releases. Investors may watch upcoming financial results, customer adoption metrics, and further AI product milestones to evaluate how prominently these capabilities contribute to growth and retention.

Key Terms

ai, generative ai
2 terms
ai technical
"Blackbaud, the world's leading provider of AI-powered solutions for social impact, is proud..."
Artificial intelligence (AI) is technology that enables machines to mimic human thinking and learning, allowing them to analyze information, recognize patterns, and make decisions. For investors, AI matters because it can improve how businesses operate, create new products, or identify opportunities faster and more accurately than humans alone, potentially impacting company success and market trends.
generative ai technical
"customers seeking confidence as they adopt agentic and generative AI in mission-critical environments."
Generative AI is a type of computer technology that can create new content, like text, images, or music, on its own. It’s important because it can produce realistic and useful material quickly, which could change how we create art, write stories, or even develop new products. Think of it as a smart robot that can invent and produce things almost like a human.

AI-generated analysis. Not financial advice.

As the Presenting Sponsor of the Association of Fundraising Professionals' Flagship Event, Blackbaud will Enable Fundraisers with the Power of Responsible AI

CHARLESTON, S.C., April 27, 2026 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading provider of AI-powered solutions for social impact, is proud to once again serve as the presenting sponsor of AFP ICON, the flagship global conference of the Association of Fundraising Professionals (AFP), taking place this week in San Diego.

As the longstanding category leader in social impact technology, Blackbaud has a proven history of supporting and advancing the fundraising profession, partnering with social impact organizations to advance global missions. Blackbaud is now ushering the sector into a new era of impact, equipping fundraisers with purpose-built, responsible AI tools that help them navigate increasing complexity, meet donor expectations, and accelerate their outcomes.

According to research from the Blackbaud Institute, the typical nonprofit saw approximately 4.3% revenue growth last year, but growth was concentrated among organizations with greater capacity. When resources are scarce, adding capacity can be a challenge, which is why technology that has the power to amplify fundraising results is critical.

"Fundraisers are being asked to do more than ever. They need to build deeper relationships, personalize engagement at scale, and raise more, often with limited time and resources," said Tiffany Crumpton, vice president, head of donor management and fundraising products, Blackbaud. "Our commitment is to help advance the profession by equipping fundraisers with powerful solutions that have intelligent capabilities embedded directly in their day-to-day workflows to scale personalization, and translate philanthropic insight into real-world impact. AFP is a critical partner in shaping the future of fundraising, and together we share a deep commitment to trust, ethics, education, and progress across the sector."

Responsible AI That's Propelling Fundraising Forward
At AFP ICON 2026, Blackbaud will showcase how its AI solutions designed specifically for fundraising and embedded directly into existing workflows are enabling teams to work smarter, expand their capacity, build stronger donor relationships, and accelerate impact.

Blackbaud will highlight its latest AI innovations including:

  • The Development Agent, Blackbaud's first Agent for Good™: This autonomous, AI-powered digital teammate is the first-ever expert agent to be embedded in a dedicated social impact platform. Working alongside Blackbaud Raiser's Edge NXT® users, the Development Agent identifies, cultivates and engages donors with timely, individualized and brand-aligned outreach that enables fundraising teams to expand their capacity for donor engagement and grow giving at scale.
  • Intelligent Assistance for Raiser's Edge NXT: These AI features help fundraisers work more efficiently by automating workflows and delivering advanced analytics to inform smarter decisions. AI‑enhanced intelligent assistance in Raiser's Edge NXT surfaces strategic insights and recommended actions, boosting productivity while keeping fundraisers firmly in control.
  • Action Strategies in Raiser's Edge NXT: New Action Strategies reduce the prep time required for donor outreach by compiling relevant donor context—recent activity, engagement signals, preferences, and recommended next steps—into concise, easy-to-read briefings within existing workflows. This amplifies fundraisers' expertise and gives them more time to spend building relationships that drive philanthropic outcomes.

Blackbaud's commitment to building trustworthy, industry‑specific AI at scale recently earned recognition from Microsoft. As a Microsoft Solutions Partner, Blackbaud has achieved the Certified Software for Non‑Profit AI designation for Raiser's Edge NXT, signaling that its AI capabilities meet Microsoft's standards for enterprise-grade security, interoperability, and customer value. This is an important differentiator for customers seeking confidence as they adopt agentic and generative AI in mission-critical environments. Blackbaud Raiser's Edge NXT, Blackbaud Development Agent and other purpose-built solutions are available as transactable offers through Microsoft's Commercial Marketplace.

The Power of Connected Systems
AFP ICON attendees can also learn how their organizations can benefit from Blackbaud's unique network effect as the provider that connects the entire social impact ecosystem, from fundraising to corporate impact to financial management and more.

  • Tapping into Workplace Giving: With the Blackbaud Verified Network, nonprofits can boost their visibility to over 500 companies and nine million employees who partner with YourCause® from Blackbaud® to power their purpose in employee giving, volunteering and community investment initiatives. Being part of the Network builds credibility with donors and unlocks the fastest donation processing in the market. Because of the connection between YourCause and Blackbaud Integrated Payments, Blackbaud's nonprofit customers can receive these donations exponentially faster with Blackbaud's exclusive Expedited Giving feature.
  • Connecting the Back Office: With key fundraising products like Blackbaud Raiser's Edge NXT and Blackbaud Enterprise Fundraising CRM™ connecting directly to Blackbaud Financial Edge NXT®, teams can gain greater visibility, accountability and confidence as they scale impact.

A Longstanding Partnership with AFP
Together, Blackbaud and AFP invest in professional development, ethical standards and innovations that strengthen the global fundraising community and help nonprofit organizations thrive. Blackbaud is proud to support AFP's mission through conference sponsorship, educational programming, research and ongoing collaboration.

"Blackbaud has long been a valued partner to AFP and the fundraising profession," said Chris Amos, senior director of business development, AFP. "Their continued investment in education, innovation and responsible technology—and their commitment to empowering fundraisers—aligns closely with our mission to advance philanthropy and support professionals at every stage of their careers."

On the Ground at AFP ICON 2026
Conference attendees can connect with Blackbaud experts through conference sessions featuring discussions on navigating uncertainty and using data and AI responsibly, through learning labs featuring practical, hands-on fundraising strategies, and through live demos in the Blackbaud booth showcasing the latest AI-enabled features and workflows.

Visit the Blackbaud booth (#501) to learn more.

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading provider of AI-powered solutions for social impact. Serving nonprofits, educational institutions, companies committed to corporate social responsibility, and individual change makers, Blackbaud propels impact at scale with the sector's most intelligent solutions for fundraising and engagement, education solutions, financial management and CSR and grantmaking. With the deepest expertise powered by the world's largest philanthropic data set, the most connected workflows, and the most powerful impact network, Blackbaud's solutions are building a future where resources are unleashed at the speed of need. Blackbaud has been recognized by Fast Company, Newsweek, Quartz, Forbes and more for AI innovation, responsible leadership and workplace excellence. Blackbaud has operations in the United States, Australia, Canada, Costa Rica, India and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@blackbaud.com

Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

Power your passion (PRNewsfoto/Blackbaud)

 

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SOURCE Blackbaud

FAQ

What did Blackbaud (BLKB) announce at AFP ICON 2026 about new AI tools?

Blackbaud introduced the Development Agent and AI features in Raiser's Edge NXT as purpose-built fundraising tools. According to Blackbaud, these solutions embed AI into workflows to help fundraisers personalize outreach, automate tasks, and scale donor engagement.

How does the Blackbaud Development Agent work for Raiser's Edge NXT users (BLKB)?

The Development Agent is an autonomous digital teammate that identifies and engages donors with individualized outreach. According to Blackbaud, it works inside Raiser's Edge NXT to compile context and recommend brand-aligned actions for fundraisers.

Did Blackbaud (BLKB) receive any third-party recognition for its AI at AFP ICON 2026?

Yes, Blackbaud earned Microsoft's Certified Software for Non-Profit AI designation for Raiser's Edge NXT. According to Blackbaud, this signals enterprise-grade security, interoperability, and customer value for its AI capabilities.

Are Blackbaud's AI-enabled products available for purchase through major marketplaces (BLKB)?

Blackbaud said its Raiser's Edge NXT and Development Agent are transactable offers on Microsoft Commercial Marketplace. According to Blackbaud, customers can procure these solutions directly through Microsoft's channel.