Blackbaud Stock Hits New 52-Week Low

Shares of the nonprofit software company plunge amid market concerns

Apr. 1, 2026 at 2:54pm

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Blackbaud, Inc. (NASDAQ:BLKB), a leading provider of cloud-based software and services for the social good community, saw its stock price reach a new 52-week low during trading on Wednesday. The company's shares fell as low as $37.33 before closing at $37.55, down 1.7% on the day.

Why it matters

Blackbaud's stock decline reflects broader concerns about the company's financial performance and growth prospects. As a major player in the nonprofit technology space, Blackbaud's struggles could signal challenges facing the broader sector.

The details

Several Wall Street analysts have recently weighed in on Blackbaud's stock, with a range of price targets and ratings. Raymond James set a $60 price target, while Robert W. Baird and Stifel Nicolaus have price targets of $60 and $50, respectively. One analyst has a 'Strong Buy' rating, one has a 'Hold', and one has issued a 'Sell' recommendation on the stock.

  • Blackbaud's stock price reached a new 52-week low during mid-day trading on Wednesday, April 1, 2026.
  • The company's shares had previously closed at $38.61 on the prior trading day.

The players

Blackbaud, Inc.

A leading provider of cloud-based software and services for the nonprofit and social good community, headquartered in Charleston, South Carolina.

Raymond James Financial

A diversified financial services company that provides equity research coverage on Blackbaud.

Robert W. Baird

An investment bank and financial services company that covers Blackbaud stock.

Stifel Nicolaus

A full-service brokerage and investment banking firm that has issued research on Blackbaud.

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The takeaway

Blackbaud's stock decline highlights the challenges facing the nonprofit technology sector, as the company grapples with market concerns about its financial performance and growth outlook. Investors will be closely watching to see if the company can turn things around and regain investor confidence.