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Blackbaud (BLKB) Stock News, Aug-Oct 2020

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Blackbaud reports developments in social impact software for nonprofits, foundations, corporations, schools, higher education institutions, healthcare organizations and other mission-driven customers. Company news commonly covers AI-powered fundraising, fund accounting, award management, payments and billing, customer outcomes, product launches and partnerships across its social impact platform.

Recurring updates also include quarterly financial results, guidance, sector research from the Blackbaud Institute, education-market initiatives, and company events such as bbcon. Product and platform themes include Intelligence for Good, Agent for Good, the Development Agent, Raiser's Edge NXT and related tools designed for fundraising, donor engagement, financial management and social impact operations.

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Blackbaud (NASDAQ: BLKB) successfully hosted its 21st annual bbcon, a virtual tech conference from October 6-8, 2020, attracting over 38,000 registrants globally. The event highlighted new product innovations and featured notable speakers discussing resilience and social good. Blackbaud reinforced its collaboration with Microsoft to enhance digital transformation in the social good sector. Key advancements included updates to existing products and the introduction of the Social Good Startup Program aimed at supporting diverse startups. The conference underscored Blackbaud's commitment to innovation amidst COVID-19 challenges.

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The Blackbaud Institute has released Vital Signs Part 3, revealing that fewer US households are contributing to charitable donations, with major donors increasingly controlling the sector’s funding. The report, which spans data from 2010-2019, indicates a decline in both the number of donor households and their retention rates. The findings emphasize the need for organizations to adapt fundraising strategies to maintain donor engagement and to consider the preferences of the Baby Boomer demographic, who significantly influence philanthropy today.

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Blackbaud (NASDAQ: BLKB) announced that Emmy-nominated host Padma Lakshmi will speak at bbcon 2020 Virtual from Oct. 6-8, 2020. The event, free to attendees, focuses on social good amid COVID-19. Lakshmi is recognized for her advocacy and culinary expertise, hosting Bravo's "Top Chef" and Hulu's "Taste the Nation." Blackbaud reported over 29,000 registered participants for the conference, featuring speakers like Amy Poehler and Dr. Cornel West. Additionally, a musical performance by JOHNNYSWIM will occur during the event, enhancing its appeal to the social good community.

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Blackbaud (NASDAQ: BLKB) announces that Hoda Kotb, co-anchor of TODAY and bestselling author, will headline bbcon 2020 Virtual, taking place October 6-8. This year's conference, transformed to a global virtual format due to COVID-19, is free for all attendees. Notable speakers include Amy Poehler and Dr. Cornel West, with over 23,000 participants registered. Additionally, musician Natasha Bedingfield will perform during the event. Blackbaud continues to connect and empower social good organizations through its cloud software solutions.

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Blackbaud (NASDAQ: BLKB) announced that acclaimed actress Amy Poehler will address the bbcon 2020 Virtual conference, taking place Oct. 6-8. This year's event is free and designed to inspire social good, reflecting the challenges posed by COVID-19. Over 18,000 attendees are registered worldwide. Poehler is recognized for her advocacy work and will lead the opening session. Additional speakers include Marc Brackett, Dara Torres, and a panel on adapting to change. For details, visit bbconference.com.

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Blackbaud (NASDAQ: BLKB) announced that Carrie Cobb has been named co-chair of the Giving USA Foundation Advisory Council on Methodology. The council evaluates the methodologies used in the Giving USA Annual Report, a key resource in charitable giving data. Cobb, who leads Blackbaud's data intelligence practice, aims to enhance the report's reliability for the social good community. Blackbaud is a leader in cloud software for social good, serving various organizations to amplify their impact through tailored software solutions.

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Blackbaud (NASDAQ: BLKB) has announced its first featured speakers for the bbcon 2020 Virtual event taking place from October 6-8, 2020. Notable speakers include Dr. Cornel West, Justin Dillon, Alice L. Ferris, and Meico Marquette Whitlock. The event has already attracted nearly 15,000 registrants globally, indicating strong interest in the topics to be covered. A preview of 100 session topics has been released, promising a range of discussions aimed at empowering and connecting the social good community.

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Blackbaud (NASDAQ: BLKB) hosted its first virtual innovation marathon, Off the Grid, engaging over 400 global employees and customers. This event, held on Aug. 14, 2020, generated 72 new project ideas, focusing on solutions for the social good community. Highlights included an app to track philanthropy, video streaming integration for church management, and an immersive experience to understand beneficiary needs. Additionally, nearly 100 children of employees participated in STEM projects, marking a successful blend of innovation and community engagement.

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Blackbaud (NASDAQ: BLKB) has launched its new Prayer Wall technology, enabling congregants to share and support prayer requests online. This feature was rapidly developed during the COVID-19 pandemic to assist churches transitioning to virtual formats. Key functionalities include anonymous prayer sharing, privacy options, and a tally feature to track support. The capability is included at no extra cost with Blackbaud Church Management. Quick adoption indicates strong demand for this technology, which enhances community connection and engagement.

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FAQ

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

The current stock price of Blackbaud (BLKB) is $42.55 as of October 2, 2026.

What is the market cap of Blackbaud (BLKB)?

The market cap of Blackbaud (BLKB) is approximately 1.9B.