Blackbaud, Inc. (NASDAQ:BLKB) is one of the 11 Best 52-Week Low Tech Stocks to Buy Now. Robert W. Baird maintained his Neutral rating on Blackbaud, Inc. (NASDAQ:BLKB) and lowered his price target on February 11. The company lowered its price target on the stock to $60 from $70. The adjusted price target implies an additional 25.76% upside from current levels, which is equivalent to the median upside estimate of Wall Street analysts among the 6 analysts covering the stock. The rating came as the company updated its financial model following the company’s fourth-quarter financial results. Fourth-quarter results showed strong performance and management provided an encouraging outlook for 2026.
In addition to Robert W. Baird, Raymond James also lowered his price target on Blackbaud, Inc. (NASDAQ:BLKB) from $85 to $60, maintaining its outperformance on February 10. The analyst said the company delivered better-than-expected fourth-quarter results and provided 2026 outlook above consensus estimates. In addition, the company also presented a long-term plan with the goal of achieving mid-digit growth through 2030, while continuing to improve margins. According to the company, Blackbaud, Inc. (NASDAQ:BLKB) stands out as a leader in its software vertical despite weak sentiment around software stocks. The analyst highlighted its compelling valuation, broad product portfolio and AI initiatives with clear and measurable returns as key factors that make it an attractive investment option.
Blackbaud, Inc. (NASDAQ:BLKB) operates as a provider of cloud software and services in the United States and internationally. Provides fundraising and engagement solutions, financial management solutions, grants and awards management solutions, and educational solutions. The company was incorporated in 1981 and is headquartered in Charleston, South Carolina.
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Disclosure: None. This article was originally published in Internal jumpsuit.