BlackLine, Inc. (BL)
NASDAQ: BL · Real-Time Price · USD
44.52
+1.04 (2.39%)
Apr 22, 2025, 1:36 PM EDT - Market open

BlackLine Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for BlackLine stock have an average target of 61, with a low estimate of 40 and a high estimate of 86. The average target predicts an increase of 37.02% from the current stock price of 44.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $40 $61 $65 $86
Change -10.15% +37.02% +46.00% +93.17%

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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 113334
Buy 333333
Hold 664442
Sell 112222
Strong Sell 110001
Total 121212121212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Sell
Maintains
$51$43
Strong Sell Maintains $51$43 -3.41% Apr 17, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$80$65
Buy Maintains $80$65 +46.00% Apr 16, 2025
DA Davidson
DA Davidson
Strong Buy
Maintains
$58$55
Strong Buy Maintains $58$55 +23.54% Apr 14, 2025
Truist Securities
Truist Securities
Hold
Maintains
$55$40
Hold Maintains $55$40 -10.15% Apr 7, 2025
DA Davidson
DA Davidson
Strong Buy
Initiates
$58
Strong Buy Initiates $58 +30.28% Apr 1, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
722.35M
from 653.34M
Increased by 10.56%
Revenue Next Year
790.42M
from 722.35M
Increased by 9.42%
EPS This Year
2.09
from 1.45
Increased by 43.80%
EPS Next Year
2.30
from 2.09
Increased by 10.14%
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
351.74M425.71M522.94M590.00M653.34M722.35M790.42M889.30M
Revenue Growth
21.72%21.03%22.84%12.82%10.74%10.56%9.42%12.51%
EPS
-0.83-1.97-0.490.811.452.092.302.74
EPS Growth
----78.85%43.80%10.14%18.87%
Forward PE
-----21.3019.3416.27
No. Analysts -----17176
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 737.4M812.3M913.6M
Avg 722.4M790.4M889.3M
Low 682.9M739.5M839.8M

Revenue Growth

Revenue Growth 202520262027
High
12.9%
12.4%
15.6%
Avg
10.6%
9.4%
12.5%
Low
4.5%
2.4%
6.2%

EPS Forecast

EPS 202520262027
High 2.192.472.87
Avg 2.092.302.74
Low 1.932.032.54

EPS Growth

EPS Growth 202520262027
High
51.0%
18.1%
24.5%
Avg
43.8%
10.1%
18.9%
Low
32.8%
-2.9%
10.3%
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.