BlackLine, Inc. (BL)
NASDAQ: BL · Real-Time Price · USD
59.65
-0.36 (-0.60%)
Jan 17, 2025, 4:00 PM EST - Market closed
BlackLine Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for BlackLine stock have an average target of 66, with a low estimate of 50 and a high estimate of 86. The average target predicts an increase of 10.65% from the current stock price of 59.65.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for BlackLine stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 7 | 6 | 6 | 6 | 6 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 12 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $73 | Hold → Strong Buy | Upgrades | $73 | +22.38% | Jan 16, 2025 |
| JMP Securities | JMP Securities | Buy Reiterates $86 | Buy | Reiterates | $86 | +44.17% | Jan 15, 2025 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $60 | Hold → Sell | Downgrades | $60 | +0.59% | Jan 6, 2025 |
| Citigroup | Citigroup | Hold Maintains $64 → $73 | Hold | Maintains | $64 → $73 | +22.38% | Dec 16, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $81 → $86 | Buy | Maintains | $81 → $86 | +44.17% | Nov 22, 2024 |
Financial Forecast
Revenue This Year
671.61M
from 590.00M
Increased by 13.83%
Revenue Next Year
732.33M
from 671.61M
Increased by 9.04%
EPS This Year
2.25
from 0.81
Increased by 176.75%
EPS Next Year
2.34
from 2.25
Increased by 3.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 685.8M | 761.4M | 840.0M | |
| Avg | 671.6M | 732.3M | 809.5M | |
| Low | 638.0M | 682.9M | 760.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.2% | 13.4% | 14.7% | |
| Avg | 13.8% | 9.0% | 10.5% | |
| Low | 8.1% | 1.7% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.33 | 2.59 | 2.83 |
| Avg | 2.25 | 2.34 | 2.64 |
| Low | 2.12 | 2.03 | 2.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 186.8% | 15.3% | 21.2% |
| Avg | 176.7% | 3.9% | 12.9% |
| Low | 160.5% | -9.8% | 1.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.