BLKB
Blackbaud, Inc. Technology - Software - Application Investor Relations →
Blackbaud, Inc. (BLKB) closed at $47.48 as of 2026-02-02, trading 30.2% below its 200-week moving average of $67.99. This places BLKB in the extreme value zone. The stock is currently moving closer to the line, down from -21.1% last week. The 14-week RSI sits at 33, indicating neutral momentum.
Over the past 1075 weeks of data, BLKB has crossed below its 200-week moving average 10 times. On average, these episodes lasted 30 weeks. The average one-year return after crossing below was -2.1%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $2.3 billion, BLKB is a mid-cap stock. The company generates a free cash flow yield of 10.4%, which is notably high. Return on equity stands at -77.2%. The stock trades at 20.7x book value.
The company has been aggressively buying back shares, reducing its share count by 5.3% over the past three years.
Over the past 20.7 years, a hypothetical investment of $100 in BLKB would have grown to $406, compared to $816 for the S&P 500. BLKB has returned 7.0% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 12.3% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: BLKB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BLKB Crosses Below the Line?
Across 10 historical episodes, buying BLKB when it crossed below its 200-week moving average produced an average return of -1.0% after 12 months (median -3.0%), compared to +3.9% for the S&P 500 over the same periods. 40% of those episodes were profitable after one year. After 24 months, the average return was +19.9% vs +26.6% for the index.
Each line shows $100 invested at the moment BLKB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BLKB has crossed below its 200-week MA 10 times with an average 1-year return of +-2.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2008 | Aug 2008 | 1 | 5.2% | +3.9% | +200.2% |
| Sep 2008 | Sep 2009 | 53 | 51.5% | +1.9% | +181.2% |
| Oct 2012 | Dec 2012 | 9 | 7.3% | +65.2% | +132.0% |
| Oct 2018 | Feb 2019 | 17 | 19.3% | +21.3% | -33.1% |
| Mar 2019 | Mar 2019 | 1 | 0.0% | -31.8% | -37.2% |
| May 2019 | Jun 2019 | 1 | 0.4% | -23.5% | -38.0% |
| Dec 2019 | Nov 2021 | 100 | 40.3% | -28.5% | -40.5% |
| Nov 2021 | Dec 2021 | 1 | 6.4% | -15.9% | -33.6% |
| Jan 2022 | Mar 2023 | 64 | 35.8% | -11.2% | -31.6% |
| Feb 2025 | Ongoing | 51+ | 30.2% | Ongoing | -30.4% |
| Average | 30 | — | +-2.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02