BlackLine (BL) Stock Forecast, Price Target & Predictions


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BL Stock Forecast


BlackLine stock forecast is as follows: an average price target of $96.83 (represents a 93.62% upside from BL’s last price of $50.01) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

BL Price Target


The average price target for BlackLine (BL) is $96.83 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $140.00 to $51.00. This represents a potential 93.62% upside from BL's last price of $50.01.

BL Analyst Ratings


Buy

According to 4 Wall Street analysts, BlackLine's rating consensus is 'Buy'. The analyst rating breakdown for BL stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

BlackLine Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 07, 2024Rob OliverRobert W. Baird$65.00$47.9935.44%29.97%
Aug 07, 2024Brent BracelinPiper Sandler$51.00$44.0915.67%1.98%
Jul 12, 2024Brent BracelinPiper Sandler$55.00$47.8914.85%9.98%
Apr 23, 2024Brent BracelinPiper Sandler$62.00$58.396.18%23.98%
Jan 09, 2023-Piper Sandler$66.00$69.02-4.38%31.97%
May 06, 2022Matt VanVlietBTIG$95.00$62.4552.12%89.96%
Apr 20, 2022-JMP Securities$112.00$69.2761.69%123.96%
Nov 05, 2021Ray McDonoughOppenheimer$140.00$129.378.22%179.94%
May 10, 2021Christopher MerwonGoldman Sachs$118.00$103.9013.57%135.95%
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The latest BlackLine stock forecast, released on Aug 07, 2024 by Rob Oliver from Robert W. Baird, set a price target of $65.00, which represents a 35.44% increase from the stock price at the time of the forecast ($47.99), and a 29.97% increase from BL last price ($50.01).

BlackLine Price Target by Period


1M3M12M
# Anlaysts-34
Avg Price Target-$57.00$58.25
Last Closing Price$50.01$50.01$50.01
Upside/Downside-100.00%13.98%16.48%

In the current month, the average price target of BlackLine stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to BlackLine's last price of $50.01. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 07, 2024Sandler O'NeillMarket OutperformMarket OutperformHold
Aug 07, 2024Piper SandlerNeutralNeutralHold
Jul 12, 2024Piper SandlerNeutralNeutralHold
Apr 23, 2024Sandler O'NeillNeutralNeutralHold
Apr 23, 2024Piper SandlerMarket PerformNeutralUpgrade
Mar 18, 2024Sandler O'NeillNeutralNeutralHold
Feb 13, 2024Piper SandlerMarket PerformMarket PerformHold
Jan 04, 2024Sandler O'NeilUnderperformUnderperformHold
Jan 04, 2024Sandler O'NeillNeutralNeutralHold
May 05, 2023Citigroup-NeutralUpgrade
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BlackLine's last stock rating was published by Sandler O'Neill on Aug 07, 2024. The company gave BL a "Market Outperform" rating, the same as its previous rate.

BlackLine Financial Forecast


BlackLine Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$155.73M$150.71M$144.57M$138.98M$139.96M$134.27M$128.48M$120.24M$115.33M$109.40M$102.12M$98.86M$95.71M$90.16M$83.27M$82.60M$80.26M$74.92M
Avg Forecast$203.12M$198.41M$193.27M$188.74M$186.18M$180.27M$175.04M$170.57M$168.12M$163.12M$158.38M$155.12M$154.31M$149.84M$143.98M$138.06M$139.60M$134.18M$126.57M$119.55M$113.60M$107.07M$101.08M$96.10M$91.63M$85.06M$81.03M$79.39M$77.85M$72.33M
High Forecast$203.58M$198.87M$193.71M$189.17M$186.60M$180.68M$175.44M$170.96M$168.50M$163.21M$158.74M$155.47M$154.61M$150.39M$144.31M$138.38M$139.92M$134.49M$126.75M$119.72M$113.76M$107.22M$101.22M$96.23M$91.76M$85.18M$81.14M$79.51M$77.96M$72.44M
Low Forecast$202.76M$198.06M$192.93M$188.41M$185.85M$179.95M$174.73M$170.27M$167.82M$162.92M$158.10M$154.84M$154.07M$148.89M$143.72M$137.82M$139.36M$133.95M$126.38M$119.37M$113.43M$106.90M$100.93M$95.95M$91.50M$84.93M$80.90M$79.27M$77.73M$72.23M
# Analysts64464374497361159544755107564474
Surprise %------------1.01%1.01%1.00%1.01%1.00%1.00%1.02%1.01%1.02%1.02%1.01%1.03%1.04%1.06%1.03%1.04%1.03%1.04%

BlackLine's average Quarter revenue forecast for Mar 24 based on 3 analysts is $155.12M, with a low forecast of $154.84M, and a high forecast of $155.47M. BL's average Quarter revenue forecast represents a -0.39% decrease compared to the company's last Quarter revenue of $155.73M (Dec 23).

BlackLine EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464374497361159544755107564474
EBITDA------------$12.81M$-1.07M$42.94M$8.37M$26.97M$-5.85M$-319.00K$-15.70M$-13.48M$8.90M$-2.56M$21.31M$-4.91M$2.90M$2.23M$-2.23M$1.80M$-703.00K
Avg Forecast$3.16M$3.09M$3.01M$2.94M$2.90M$2.81M$2.73M$2.66M$2.62M$2.54M$2.47M$-20.53M$2.40M$2.33M$2.24M$-21.96M$2.17M$16.52M$1.97M$-23.48M$1.77M$1.67M$1.57M$13.92M$1.43M$1.33M$1.26M$-2.45M$1.21M$1.13M
High Forecast$3.17M$3.10M$3.02M$2.95M$2.91M$2.81M$2.73M$2.66M$2.63M$2.54M$2.47M$-16.42M$2.41M$2.34M$2.25M$-17.57M$2.18M$19.83M$1.97M$-18.79M$1.77M$1.67M$1.58M$16.71M$1.43M$1.33M$1.26M$-1.96M$1.21M$1.13M
Low Forecast$3.16M$3.09M$3.01M$2.94M$2.90M$2.80M$2.72M$2.65M$2.61M$2.54M$2.46M$-24.64M$2.40M$2.32M$2.24M$-26.35M$2.17M$13.22M$1.97M$-28.18M$1.77M$1.67M$1.57M$11.14M$1.43M$1.32M$1.26M$-2.94M$1.21M$1.13M
Surprise %------------5.33%-0.46%19.15%-0.38%12.40%-0.35%-0.16%0.67%-7.62%5.34%-1.63%1.53%-3.44%2.19%1.77%0.91%1.48%-0.62%

3 analysts predict BL's average Quarter EBITDA for Mar 24 to be $-20.53M, with a high of $-16.42M and a low of $-24.64M. This is -260.20% lower than BlackLine's previous annual EBITDA (Dec 23) of $12.81M.

BlackLine Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464374497361159544755107564474
Net Income------------$22.07M$11.92M$30.85M$-6.73M$11.30M$-18.99M$-11.97M$-13.43M$-32.48M$-13.74M$-25.45M$-38.96M$-16.98M$-8.75M$-8.33M$-12.84M$-9.48M$-9.24M
Avg Forecast$45.69M$44.24M$42.79M$42.06M$42.72M$40.18M$38.69M$36.31M$37.00M$37.31M$36.81M$-16.74M$39.82M$25.51M$20.84M$-17.90M$12.36M$-25.51M$527.45K$-19.15M$7.43M$8.28M$5.80M$-21.70K$5.08M$8.24M$7.63M$-14.13M$9.14M$2.34M
High Forecast$45.82M$44.37M$42.91M$42.19M$42.84M$40.30M$38.80M$36.41M$37.11M$39.50M$36.92M$-13.39M$40.54M$29.88M$20.90M$-14.32M$12.40M$-20.41M$528.42K$-15.32M$7.44M$8.30M$5.81M$-17.36K$5.09M$8.26M$7.65M$-11.30M$9.15M$2.35M
Low Forecast$45.58M$44.14M$42.69M$41.97M$42.62M$40.08M$38.60M$36.22M$36.91M$36.57M$36.72M$-20.09M$38.37M$24.78M$20.79M$-21.48M$12.33M$-30.61M$526.42K$-22.98M$7.41M$8.27M$5.79M$-26.04K$5.07M$8.23M$7.62M$-16.95M$9.12M$2.34M
Surprise %------------0.55%0.47%1.48%0.38%0.91%0.74%-22.70%0.70%-4.37%-1.66%-4.39%1795.49%-3.35%-1.06%-1.09%0.91%-1.04%-3.95%

BlackLine's average Quarter net income forecast for Mar 24 is $-16.74M, with a range of $-20.09M to $-13.39M. BL's average Quarter net income forecast represents a -175.84% decrease compared to the company's last Quarter net income of $22.07M (Dec 23).

BlackLine SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464374497361159544755107564474
SG&A------------$81.57M$79.60M$62.60M$90.91M$71.45M$95.54M$80.34M$89.68M$82.83M$60.17M$69.43M$76.70M$65.68M$60.38M$58.01M$62.12M$59.56M$55.94M
Avg Forecast$136.18M$133.02M$129.57M$126.54M$124.82M$120.86M$117.35M$114.36M$112.71M$109.36M$106.18M$149.94M$103.45M$100.46M$96.53M$92.56M$93.59M$111.69M$84.85M$80.15M$76.16M$71.78M$67.77M$50.10M$61.43M$57.03M$54.32M$68.34M$52.19M$48.50M
High Forecast$136.49M$133.33M$129.87M$126.83M$125.10M$121.14M$117.62M$114.62M$112.97M$109.42M$106.43M$179.93M$103.66M$100.83M$96.75M$92.77M$93.81M$134.03M$84.97M$80.26M$76.27M$71.88M$67.86M$60.12M$61.52M$57.11M$54.40M$82.00M$52.26M$48.56M
Low Forecast$135.94M$132.79M$129.34M$126.31M$124.60M$120.65M$117.14M$114.15M$112.51M$109.23M$106.00M$119.95M$103.29M$99.82M$96.36M$92.40M$93.43M$89.35M$84.73M$80.03M$76.05M$71.67M$67.66M$40.08M$61.34M$56.94M$54.24M$54.67M$52.11M$48.42M
Surprise %------------0.79%0.79%0.65%0.98%0.76%0.86%0.95%1.12%1.09%0.84%1.02%1.53%1.07%1.06%1.07%0.91%1.14%1.15%

BlackLine's average Quarter SG&A projection for Mar 24 is $149.94M, based on 3 Wall Street analysts, with a range of $119.95M to $179.93M. The forecast indicates a 83.81% rise compared to BL last annual SG&A of $81.57M (Dec 23).

BlackLine EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464374497361159544755107564474
EPS------------$0.36$0.20$0.51$-0.11$0.19$-0.32$-0.20$-0.23$-0.55$-0.23$-0.44$-0.67$-0.30$-0.15$-0.15$-0.23$-0.16$-0.17
Avg Forecast$0.63$0.61$0.59$0.58$0.59$0.55$0.53$0.50$0.51$0.51$0.51$0.47$0.55$0.35$0.29$0.16$0.17$0.09$0.01$-0.08$0.10$0.11$0.08$0.05$0.07$0.11$0.11$0.05$0.13$0.03
High Forecast$0.63$0.61$0.59$0.58$0.59$0.56$0.54$0.50$0.51$0.54$0.51$0.47$0.56$0.41$0.29$0.16$0.17$0.09$0.01$-0.08$0.10$0.11$0.08$0.05$0.07$0.11$0.11$0.05$0.13$0.03
Low Forecast$0.63$0.61$0.59$0.58$0.59$0.55$0.53$0.50$0.51$0.50$0.51$0.47$0.53$0.34$0.29$0.16$0.17$0.09$0.01$-0.08$0.10$0.11$0.08$0.05$0.07$0.11$0.11$0.05$0.13$0.03
Surprise %------------0.66%0.57%1.77%-0.68%1.11%-3.58%-27.50%2.91%-5.37%-2.01%-5.50%-13.63%-4.29%-1.32%-1.43%-4.90%-1.27%-5.27%

According to 3 Wall Street analysts, BlackLine's projected average Quarter EPS for Mar 24 is $0.47, with a low estimate of $0.47 and a high estimate of $0.47. This represents a 30.35% increase compared to BL previous annual EPS of $0.36 (Dec 23).

BlackLine Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PROPROS$17.84$41.00129.82%Buy
DVDoubleVerify$17.42$36.54109.76%Buy
BLBlackLine$50.01$96.8393.62%Buy
JAMFJamf$17.81$31.8678.89%Buy
PYCRPaycor HCM$13.89$23.1166.38%Hold
AMSWAAmerican Software$10.95$15.5041.55%Buy
PCORProcore$58.00$73.5626.83%Buy
WKWorkiva$74.73$93.7525.45%Buy
FROGJFrog$27.99$34.1822.12%Buy
PEGAPegasystems$67.29$79.4318.04%Buy
GBTGGlobal Business Travel Group$7.28$8.5016.76%Buy
ALKTAlkami$30.17$34.5014.35%Buy
ANSSANSYS$318.51$359.6012.90%Buy
AGYSAgilysys$102.17$108.336.03%Buy
PWSCPowerSchool$22.76$24.085.80%Hold
APPFAppFolio$225.84$225.00-0.37%Buy
AZPNAspen$225.21$220.00-2.31%Buy
QTWOQ2$74.80$65.15-12.90%Buy
MANHManhattan Associates$263.74$229.33-13.05%Buy

BL Forecast FAQ


Yes, according to 4 Wall Street analysts, BlackLine (BL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of BL's total ratings.

BlackLine (BL) average price target is $96.83 with a range of $51 to $140, implying a 93.62% from its last price of $50.01. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BL stock, the company can go up by 93.62% (from the last price of $50.01 to the average price target of $96.83), up by 179.94% based on the highest stock price target, and up by 1.98% based on the lowest stock price target.

BL's average twelve months analyst stock price target of $96.83 supports the claim that BlackLine can reach $80 in the near future.

BlackLine's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $712.07M (high $713.68M, low $710.8M), average EBITDA is $11.09M (high $11.12M, low $11.07M), average net income is $157.89M (high $158.35M, low $157.52M), average SG&A $477.39M (high $478.47M, low $476.54M), and average EPS is $2.18 (high $2.18, low $2.17). BL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $783.55M (high $785.33M, low $782.16M), average EBITDA is $12.21M (high $12.23M, low $12.18M), average net income is $174.78M (high $175.29M, low $174.37M), average SG&A $525.31M (high $526.51M, low $524.38M), and average EPS is $2.41 (high $2.42, low $2.4).

Based on BlackLine's last annual report (Dec 2023), the company's revenue was $590M, beating the average analysts forecast of $586.19M by 0.65%. Apple's EBITDA was $14.35M, missing the average prediction of $-14.976M by -195.81%. The company's net income was $52.83M, missing the average estimation of $68.27M by -22.61%. Apple's SG&A was $314.68M, missing the average forecast of $393M by -19.93%. Lastly, the company's EPS was $0.87, missing the average prediction of $1.35 by -35.53%. In terms of the last quarterly report (Dec 2023), BlackLine's revenue was $155.73M, beating the average analysts' forecast of $154.31M by 0.92%. The company's EBITDA was $12.82M, beating the average prediction of $2.4M by 433.08%. BlackLine's net income was $22.07M, missing the average estimation of $39.82M by -44.57%. The company's SG&A was $81.57M, missing the average forecast of $103.45M by -21.15%. Lastly, the company's EPS was $0.36, missing the average prediction of $0.549 by -34.43%