Blackbaud (FRA:BNK) Moat Score: 5/10 (As of Jul. 21, 2026)

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FRA:BNK Blackbaud Inc FRA:BNK
53 GF Score
Price €27.20
GF Value €70.70
! 6 Warning Signs
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What is Blackbaud Moat Score?

Blackbaud FRA:BNK -5.56% 53 Moat Score is 5 as of Jul. 21, 2026. GuruFocus rates FRA:BNK with a GF Score™ of 53/100 and a GF Value™ of €70.70. The stock has 6 warning signs investors should review. Among 2,838 Software companies, Blackbaud ranks better than 94.79% on this metric.

Blackbaud has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Blackbaud has Narrow Moat: Blackbaud has a solid narrow moat due to its strong brand in the nonprofit sector and significant customer switching costs. Its specialized software solutions create a modest barrier to entry, but it lacks the scale and network effects to justify a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Blackbaud might have Narrow Moat - Solid narrow moat.

Blackbaud  (FRA:BNK) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Blackbaud Moat Score Related Terms

FRA:BNK vs APPS, WLTH, VIA: Moat Score Comparison

For the Software - Application subindustry, Blackbaud's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Blackbaud Moat Score vs Software Industry

For the Software industry and Technology sector, Blackbaud's Moat Score distribution charts can be found below:

* The bar in red indicates where Blackbaud's Moat Score falls into.


FRA:BNK
53GF Score
Blackbaud Inc FRA:BNK
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Blackbaud (FRA:BNK) has a Moat Score of 5 as of Jul. 21, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Blackbaud ranks #148 out of 2838 companies in the Software industry, placing it in the top 5.2%.
Is Blackbaud's Moat Score too high?
Blackbaud's current Moat Score is 5. Based on the distribution chart, Blackbaud ranks #148 out of 2838 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Blackbaud has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Blackbaud's Moat Score compare to APPS and WLTH?
According to the Software industry distribution chart, Blackbaud ranks #148 out of 2838 companies for Moat Score. This places Blackbaud in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Software company?
A good Moat Score depends on the Software industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Blackbaud's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackbaud stock overvalued right now?
Blackbaud (FRA:BNK) has a current Moat Score of 5. The stock's GF Value™ is €70.70, compared to a current price of €27.20 — trading 61.5% below its estimated fair value. The current Moat Score is 5. Blackbaud's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Blackbaud (FRA:BNK), the current Moat Score is 5 as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Blackbaud (FRA:BNK) Overvalued in 2026?

Based on GuruFocus' analysis, Blackbaud stock appears to be undervalued. The current stock price of €27.20 is trading 61.5% below its estimated GF Value™ of €70.70.

Key valuation signals for FRA:BNK:

  • Moat Score: 5
  • GF Value™: €70.70 vs. price of €27.20 (61.5% below fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the FRA:BNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Blackbaud Business Description

Other Exchanges BLKB:USA
Address 65 Fairchild Street, Charleston, SC, USA, 29492
Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside core fundraising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.
53GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€27.20
Price
€70.70
GF Value