Here's Why Blackbaud (BLKB) is a Strong Momentum Stock

Company Overview - Blackbaud Inc. is a leading cloud software company focused on social causes, providing a range of cloud-based and on-premise software solutions for organizations of all sizes, including fundraising, marketing, and financial management [11] - The company’s SKY platform powers innovation and offers tools for clients and partners to extend the Blackbaud ecosystem [11] Investment Highlights - Blackbaud has a Zacks Rank of 1 (Strong Buy) and a VGM Score of B, indicating strong potential for investment [12] - The stock has a Momentum Style Score of B, with shares increasing by 3.7% over the past four weeks [12] - Earnings estimates for fiscal 2025 have been revised higher by two analysts in the last 60 days, with the Zacks Consensus Estimate increasing by $0.03 to $4.23 per share [12] - The company has an average earnings surprise of 1.2%, suggesting a positive outlook [12] Conclusion - With a solid Zacks Rank and strong Momentum and VGM Style Scores, Blackbaud is positioned as a favorable investment opportunity [13]