Analysts React To Blackbaud, Inc.’s (BLKB) Long Term Growth Guidance

Robert W. Baird and Raymond James recently lowered their price targets for Blackbaud, Inc. (BLKB) to $60, while maintaining their ratings of Neutral and Outperform, respectively. Both firms adjusted their outlooks following Blackbaud’s strong Q4 results and encouraging 2026 guidance. The company also introduced a long-term plan targeting mid-single-digit growth through 2030, enhancing its appeal despite weak sentiment in the software sector, thanks to its valuation, product portfolio, and AI initiatives.