Blackbaud, Inc. (NASDAQ:BLKB) is one of the 11 best 52-week low technology stocks to buy now. Robert W. Baird maintained its Neutral rating on Blackbaud, Inc. (NASDAQ:BLKB) and lowered its price target on February 11. The firm 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 equal to the median Wall Street analyst’s upside estimate among 6 analysts covering the stock. The rating came as the firm updated its financial model following the company’s fourth-quarter financial results. Q4 results showed strong performance, and the management provided an encouraging outlook for 2026.
In addition to Robert W. Baird, Raymond James also lowered its price target on Blackbaud, Inc. (NASDAQ:BLKB) from $85 to $60 while maintaining its Outperform on February 10. The analyst said that the company delivered better-than-expected fourth-quarter results and provided the 2026 outlook above consensus estimates. Moreover, the company also introduced a long-term plan aiming for mid-single digit growth through 2030, while continuing to improve margins. According to the firm, Blackbaud, Inc. (NASDAQ:BLKB) stands out as a leader in its vertical software market despite weak sentiment around the software stocks. The analyst highlighted its compelling valuation, broad product portfolio, and AI initiatives with measurable and clear returns as key factors that make it an attractive investment option.
Blackbaud, Inc. (NASDAQ:BLKB) operates as a provider of cloud software and services across the United States and internationally. It provides fundraising and engagement solutions, financial management solutions, grant & award management solutions, and education solutions. The company was incorporated in 1981 and is based in Charleston, South Carolina.
While we acknowledge the potential of BLKB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To.
Disclosure: None. This article is originally published at Insider Monkey.