BlackLine (BL) Stock Forecast, Price Target & Predictions
BL Stock Forecast
BlackLine stock forecast is as follows: an average price target of $93.00 (represents a 67.54% upside from BL’s last price of $55.51) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
BL Price Target
BL Analyst Ratings
BlackLine Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 30, 2024 | Chris Quintero | Morgan Stanley | $70.00 | $54.33 | 28.84% | 26.10% |
Aug 07, 2024 | Rob Oliver | Robert W. Baird | $65.00 | $47.99 | 35.44% | 17.10% |
Aug 07, 2024 | Brent Bracelin | Piper Sandler | $51.00 | $44.09 | 15.67% | -8.12% |
Jul 12, 2024 | Brent Bracelin | Piper Sandler | $55.00 | $47.89 | 14.85% | -0.92% |
Apr 23, 2024 | Brent Bracelin | Piper Sandler | $62.00 | $58.39 | 6.18% | 11.69% |
Jan 09, 2023 | - | Piper Sandler | $66.00 | $69.02 | -4.38% | 18.90% |
May 06, 2022 | Matt VanVliet | BTIG | $95.00 | $62.45 | 52.12% | 71.14% |
Apr 20, 2022 | - | JMP Securities | $112.00 | $69.27 | 61.69% | 101.77% |
Nov 05, 2021 | Ray McDonough | Oppenheimer | $140.00 | $129.37 | 8.22% | 152.21% |
May 10, 2021 | Christopher Merwon | Goldman Sachs | $118.00 | $103.90 | 13.57% | 112.57% |
BlackLine Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 3 | 5 |
Avg Price Target | - | $62.00 | $60.60 |
Last Closing Price | $55.51 | $55.51 | $55.51 |
Upside/Downside | -100.00% | 11.69% | 9.17% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 30, 2024 | Sandler O'Neill | Buy | Buy | Hold |
Sep 30, 2024 | Morgan Stanley | - | Overweight | Upgrade |
Aug 07, 2024 | Sandler O'Neill | Market Outperform | Market Outperform | Hold |
Aug 07, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Jul 12, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Apr 23, 2024 | Sandler O'Neill | Neutral | Neutral | Hold |
Apr 23, 2024 | Piper Sandler | Market Perform | Neutral | Upgrade |
Mar 18, 2024 | Sandler O'Neill | Neutral | Neutral | Hold |
Feb 13, 2024 | Piper Sandler | Market Perform | Market Perform | Hold |
Jan 04, 2024 | Sandler O'Neil | Underperform | Underperform | Hold |
BlackLine Financial Forecast
BlackLine Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $175.03M | $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 | $203.12M | $198.41M | $193.27M | $188.74M | $186.18M | $180.27M | $175.03M | $170.57M | $168.12M | $163.21M | $158.47M | $155.12M | $154.61M | $150.39M | $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 |
Low Forecast | $203.12M | $198.41M | $193.27M | $188.74M | $186.18M | $180.27M | $175.03M | $170.57M | $168.12M | $162.92M | $158.30M | $155.12M | $154.07M | $148.89M | $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 |
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 6 | 4 | 4 | 7 | 4 |
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 EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 6 | 4 | 4 | 7 | 4 |
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 | $-12.36M | $2.09M | $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 | $3.16M | $3.09M | $3.01M | $2.94M | $2.90M | $2.81M | $2.73M | $2.66M | $2.62M | $2.54M | $2.47M | $-16.42M | $2.41M | $2.34M | $2.24M | $-17.57M | $-9.89M | $2.09M | $1.97M | $-18.79M | $1.77M | $1.67M | $1.57M | $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 | $2.81M | $2.73M | $2.66M | $2.62M | $2.54M | $2.47M | $-24.64M | $2.40M | $2.32M | $2.24M | $-26.35M | $-14.83M | $2.09M | $1.97M | $-28.18M | $1.77M | $1.67M | $1.57M | $11.14M | $1.43M | $1.33M | $1.26M | $-2.94M | $1.21M | $1.13M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 5.33% | -0.46% | 19.15% | -0.38% | -2.18% | -2.80% | -0.16% | 0.67% | -7.62% | 5.34% | -1.63% | 1.53% | -3.44% | 2.19% | 1.77% | 0.91% | 1.48% | -0.62% |
BlackLine Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 6 | 4 | 4 | 7 | 4 |
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 | $43.73M | $41.12M | $39.13M | $36.64M | $37.36M | $37.46M | $36.81M | $-16.74M | $39.82M | $25.51M | $20.84M | $-17.90M | $-33.93M | $6.47M | $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 | $45.69M | $44.24M | $42.79M | $42.06M | $43.73M | $41.12M | $39.13M | $36.64M | $37.36M | $38.90M | $36.97M | $-13.39M | $40.54M | $29.88M | $20.84M | $-14.32M | $-27.14M | $6.47M | $527.45K | $-15.32M | $7.43M | $8.28M | $5.80M | $-17.36K | $5.08M | $8.24M | $7.63M | $-11.30M | $9.14M | $2.34M |
Low Forecast | $45.69M | $44.24M | $42.79M | $42.06M | $43.73M | $41.12M | $39.13M | $36.64M | $37.36M | $36.02M | $36.64M | $-20.09M | $38.37M | $24.78M | $20.84M | $-21.48M | $-40.71M | $6.47M | $527.45K | $-22.98M | $7.43M | $8.28M | $5.80M | $-26.04K | $5.08M | $8.24M | $7.63M | $-16.95M | $9.14M | $2.34M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 0.47% | 1.48% | 0.38% | -0.33% | -2.93% | -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 SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 6 | 4 | 4 | 7 | 4 |
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 | $114.35M | $112.71M | $109.36M | $106.18M | $149.94M | $103.45M | $100.46M | $96.53M | $92.56M | $75.93M | $89.96M | $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 | $136.18M | $133.02M | $129.57M | $126.54M | $124.82M | $120.86M | $117.35M | $114.35M | $112.71M | $109.42M | $106.24M | $179.93M | $103.66M | $100.83M | $96.53M | $92.56M | $91.11M | $89.96M | $84.85M | $80.15M | $76.16M | $71.78M | $67.77M | $60.12M | $61.43M | $57.03M | $54.32M | $82.00M | $52.19M | $48.50M |
Low Forecast | $136.18M | $133.02M | $129.57M | $126.54M | $124.82M | $120.86M | $117.35M | $114.35M | $112.71M | $109.23M | $106.13M | $119.95M | $103.29M | $99.82M | $96.53M | $92.56M | $60.74M | $89.96M | $84.85M | $80.15M | $76.16M | $71.78M | $67.77M | $40.08M | $61.43M | $57.03M | $54.32M | $54.67M | $52.19M | $48.50M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.79% | 0.65% | 0.98% | 0.94% | 1.06% | 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 EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 11 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 5 | 6 | 4 | 4 | 7 | 4 |
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 | $0.60 | $0.57 | $0.54 | $0.51 | $0.52 | $0.52 | $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 | $0.60 | $0.57 | $0.54 | $0.51 | $0.52 | $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 | $0.60 | $0.57 | $0.54 | $0.51 | $0.52 | $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% |
BlackLine Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
DV | DoubleVerify | $17.17 | $31.15 | 81.42% | Buy |
BL | BlackLine | $55.51 | $93.00 | 67.54% | Buy |
PRO | PROS | $20.95 | $32.67 | 55.94% | Buy |
JAMF | Jamf | $16.80 | $25.13 | 49.58% | Buy |
PYCR | Paycor HCM | $15.48 | $22.00 | 42.12% | Hold |
AMSWA | American Software | $10.95 | $15.50 | 41.55% | Buy |
APPF | AppFolio | $208.52 | $278.00 | 33.32% | Buy |
ALKT | Alkami | $37.60 | $45.67 | 21.46% | Buy |
WK | Workiva | $79.17 | $93.75 | 18.42% | Buy |
FROG | JFrog | $29.83 | $34.45 | 15.49% | Buy |
AGYS | Agilysys | $102.39 | $116.20 | 13.49% | Buy |
PCOR | Procore | $66.63 | $74.50 | 11.81% | Buy |
ANSS | ANSYS | $323.75 | $359.60 | 11.07% | Buy |
GBTG | Global Business Travel Group | $7.83 | $8.50 | 8.56% | Buy |
AZPN | Aspen | $233.67 | $250.00 | 6.99% | Buy |
MANH | Manhattan Associates | $264.35 | $276.57 | 4.62% | Buy |
PEGA | Pegasystems | $81.35 | $81.38 | 0.04% | Buy |
QTWO | Q2 | $85.09 | $70.23 | -17.46% | Buy |
BL Forecast FAQ
Is BlackLine a good buy?
Yes, according to 5 Wall Street analysts, BlackLine (BL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of BL's total ratings.
What is BL's price target?
BlackLine (BL) average price target is $93 with a range of $51 to $140, implying a 67.54% from its last price of $55.51. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will BlackLine stock go up soon?
According to Wall Street analysts' prediction for BL stock, the company can go up by 67.54% (from the last price of $55.51 to the average price target of $93), up by 152.21% based on the highest stock price target, and down by -8.12% based on the lowest stock price target.
Can BlackLine stock reach $80?
BL's average twelve months analyst stock price target of $93 supports the claim that BlackLine can reach $80 in the near future.
What are BlackLine's analysts' financial forecasts?
BlackLine's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $712.06M (high $712.06M, low $712.06M), average EBITDA is $11.09M (high $11.09M, low $11.09M), average net income is $160.63M (high $160.63M, low $160.63M), average SG&A $477.39M (high $477.39M, low $477.39M), and average EPS is $2.21 (high $2.21, low $2.21). BL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $783.55M (high $783.55M, low $783.55M), average EBITDA is $12.21M (high $12.21M, low $12.21M), average net income is $174.78M (high $174.78M, low $174.78M), average SG&A $525.31M (high $525.31M, low $525.31M), and average EPS is $2.41 (high $2.41, low $2.41).
Did the BL's actual financial results beat the analysts' financial forecasts?
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%