BlackLine, Inc. (BL)
NASDAQ: BL · Real-Time Price · USD
49.10
-0.22 (-0.45%)
At close: Feb 21, 2025, 4:00 PM
49.38
+0.28 (0.57%)
After-hours: Feb 21, 2025, 4:44 PM EST

BlackLine Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for BlackLine stock have an average target of 66.4, with a low estimate of 50 and a high estimate of 86. The average target predicts an increase of 35.23% from the current stock price of 49.10.

Analyst Consensus: Buy
Target Low Average Median High
Price $50 $66.4 $65 $86
Change +1.83% +35.23% +32.38% +75.15%

Analyst Ratings

The average analyst rating for BlackLine stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 111133
Buy 333333
Hold 666644
Sell 111122
Strong Sell 111100
Total 121212121212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$73$70
Strong Buy Maintains $73$70 +42.57% Feb 12, 2025
Truist Securities
Truist Securities
Hold
Maintains
$60$55
Hold Maintains $60$55 +12.02% Feb 12, 2025
BMO Capital
BMO Capital
Hold
Maintains
$68$60
Hold Maintains $68$60 +22.20% Feb 12, 2025
Piper Sandler
Piper Sandler
Sell
Maintains
$60$58
Sell Maintains $60$58 +18.13% Feb 12, 2025
B of A Securities
B of A Securities
Strong Buy
Upgrades
$50$75
Strong Buy Upgrades $50$75 +52.75% Jan 30, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
733.10M
from 653.34M
Increased by 12.21%
Revenue Next Year
808.26M
from 733.10M
Increased by 10.25%
EPS This Year
2.11
from 1.45
Increased by 45.49%
EPS Next Year
2.35
from 2.11
Increased by 11.02%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
351.74M425.71M522.94M590.00M653.34M733.10M808.26M854.18M
Revenue Growth
21.72%21.03%22.84%12.82%10.74%12.21%10.25%5.68%
EPS
-0.83-1.97-0.490.811.452.112.352.77
EPS Growth
----78.84%45.49%11.02%18.03%
Forward PE
-----23.2220.9217.72
No. Analysts -----16165
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 761.4M 840.0M 870.8M
Avg 733.1M 808.3M 854.2M
Low 691.1M 760.2M 812.7M

Revenue Growth

Revenue Growth 202520262027
High
16.5%
14.6%
7.7%
Avg
12.2%
10.3%
5.7%
Low
5.8%
3.7%
0.6%

EPS Forecast

EPS 202520262027
High 2.39 2.75 2.87
Avg 2.11 2.35 2.77
Low 1.96 2.06 2.60

EPS Growth

EPS Growth 202520262027
High
64.7%
30.1%
22.1%
Avg
45.5%
11.0%
18.0%
Low
34.9%
-2.7%
10.6%
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.