Blackbaud, Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $257.8M FY2025 FCF base; 5% annual FCF growth years 1-5 (above the 4.34% 2026 consensus revenue growth estimate, reflecting margin expansion from AI-driven product upsell and buybacks); 4% years 6-10; 8.5% discount rate; 3% terminal growth; $1.08B net debt; 44.72M shares outstanding.

Reasoning: Blackbaud is a mature, high-margin vertical-SaaS provider (nonprofit/education software) with sticky recurring revenue, making a standard FCF DCF appropriate; growth assumptions are anchored to analyst consensus with modest margin-driven upside from recent profitability initiatives.