Blackbaud (BLKB) Adds Prospect Insights to Raiser's Edge NXT
Blackbaud BLKB rolled out the Prospect Insights tool, which is the latest addition to Blackbaud Raiser's Edge NXT to offer multi-dimensional fundraising insights and actions.
Raiser's Edge NXT is a cloud-based fundraising and donor management software solution built specifically for non-profit organizations. Raiser's Edge NXT allows non-profit organizations to consolidate data into one comprehensive cloud solution for efficient decision-making.
Blackbaud, Inc. Price and Consensus
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Intelligent software is a crucial component of modern fundraising as social good organizations rely on significant donations. However, many organizations have limited personnel to mine through such data sources and find potential donors.
Previously, major gift insights have only been available to large organizations that have full-time staff and the budget to pay for custom services. Now Prospect Insights allow small and mid-size organizations to leverage the simple interface in Raiser's Edge NXT to pursue major gifts more effectively without spending more on support staff and expensive custom services
Raiser's Edge NXT's Prospect Insights automates, simplifies, and improves outcomes for the in-app intelligence relating to major donations from affluent donor households. It then prescribes portfolio management and solicitation activities to prioritize prospects and execute their fundraising expertly.
Prospect Insights removes the uncertainty of big contribution fundraising by allowing businesses to use predictive modeling.
On May 17, 2022, Blackbaud partnered with PairSoft to announce the availability of PairSoft Tile within Blackbaud’s Raiser’s Edge NXT and Financial Edge NXT solutions. The new integration allows users to easily access, search and capture documents of any organization, including documents related to donors, gifts and actions.
On Nov 11, 2021, Blackbaud announced a partnership with Campaign Monitor to integrate Campaign Monitor’s email marketing solution with Blackbaud Raiser's Edge NXT. The integration provides automated activity and data sync features to improve the effectiveness of email marketing.
Blackbaud’s current launch of Prospect Insight bodes well with the previous partnership with PairSoft and Campaign Monitor to provide any organization with one comprehensive cloud solution for efficient decision making.
Prospect Insights is available for purchase for firms using Raiser's Edge NXT in the United States.
Shares of BLKB have declined 10.9% compared with the industry’s fall of 3.6% in the past year.
Zacks Rank and Stocks to Consider
Blackbaud currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the broader technology space are InterDigital IDCC, Vishay Intertechnology VSH and Avnet AVT. InterDigital and Avnet currently sport a Zacks Ranks #1 (Strong Buy) whereas Vishay Intertechnology holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for InterDigital’s 2022 earnings is pegged at $3.28 per share, increasing 43.9% in the past 60 days. The long-term earnings growth rate is anticipated to be 15%.
InterDigital’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 141.13%. Shares of IDCC have declined 21.6% in the past year.
The Zacks Consensus Estimate for Vishay Intertechnology’s 2022 earnings is pegged at $2.68 per share, rising 10.3% in the past 60 days. The long-term earnings growth rate is anticipated to be 22.7%.
Vishay Intertechnology’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 4.96%. Shares of VSH have declined 12.8% in the past year.
The Zacks Consensus Estimate for Avnet’s fiscal 2022 earnings is pegged at $6.83 per share, rising 20.5% in the past 60 days. The long-term earnings growth rate is anticipated to be 37.2%.
Avnet’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 21.22%. Shares of Avnet have grown 10.6% in the past year.
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