BlackLine, Inc. (BL)
NASDAQ: BL · Real-Time Price · USD
47.71
-0.21 (-0.44%)
Sep 9, 2024, 4:00 PM EDT - Market closed
BlackLine Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for BlackLine stock have an average target of 58.9, with a low estimate of 45 and a high estimate of 81. The average target predicts an increase of 23.45% from the current stock price of 47.71.
Analyst Consensus: Hold
* Price targets were last updated on Aug 7, 2024.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 5 | 6 | 6 | 6 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 11 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $71 → $65 | Strong Buy | Maintains | $71 → $65 | +36.24% | Aug 7, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $50 → $47 | Sell | Maintains | $50 → $47 | -1.49% | Aug 7, 2024 |
| Baird | Baird | Buy Maintains $72 → $65 | Buy | Maintains | $72 → $65 | +36.24% | Aug 7, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $60 → $45 | Hold | Maintains | $60 → $45 | -5.68% | Aug 7, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $55 → $51 | Hold | Maintains | $55 → $51 | +6.90% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
668.68M
from 590.00M
Increased by 13.34%
Revenue Next Year
733.27M
from 668.68M
Increased by 9.66%
EPS This Year
2.19
from 0.81
Increased by 169.79%
EPS Next Year
2.24
from 2.19
Increased by 2.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 682.5M | 761.1M | 862.8M | |
| Avg | 668.7M | 733.3M | 814.6M | |
| Low | 635.5M | 688.2M | 759.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.7% | 13.8% | 17.7% | |
| Avg | 13.3% | 9.7% | 11.1% | |
| Low | 7.7% | 2.9% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.26 | 2.39 | 2.72 |
| Avg | 2.19 | 2.24 | 2.49 |
| Low | 2.04 | 1.92 | 2.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 178.7% | 9.1% | 21.4% |
| Avg | 169.8% | 2.2% | 11.3% |
| Low | 150.8% | -12.4% | -2.3% |
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.