BlackLine (BL) Stock Forecast, Price Target & Predictions
BL Stock Forecast
BlackLine (BL) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $63.50, with a high of $70.00 and a low of $57.00. This represents a 31.74% increase from the last price of $48.20.
BL Stock Rating
BlackLine stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (50.00%), 3 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
BL Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | BlackLine | 31.74% |
Sector | Technology Stocks | 27.42% |
Idea | SaaS Stocks List | 31.79% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 6 |
Avg Price Target | - | - | $60.00 |
Last Closing Price | $48.20 | $48.20 | $48.20 |
Upside/Downside | - | - | 24.48% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Mar, 25 | 2 | 3 | 5 | - | 3 | 13 |
Feb, 25 | 2 | 3 | 5 | - | 3 | 13 |
Jan, 25 | 2 | 2 | 7 | - | 4 | 15 |
Dec, 24 | 2 | 1 | 7 | - | 3 | 13 |
Nov, 24 | 2 | 4 | 7 | - | 3 | 16 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 08, 2024 | Daniel Jester | BMO Capital | $57.00 | $60.37 | -5.58% | 18.26% |
Sep 30, 2024 | Chris Quintero | Morgan Stanley | $70.00 | $54.33 | 28.84% | 45.23% |
Aug 07, 2024 | Rob Oliver | Robert W. Baird | $65.00 | $47.99 | 35.44% | 34.85% |
Aug 07, 2024 | Brent Bracelin | Piper Sandler | $51.00 | $44.09 | 15.67% | 5.81% |
Jul 12, 2024 | Brent Bracelin | Piper Sandler | $55.00 | $47.89 | 14.85% | 14.11% |
Apr 23, 2024 | Brent Bracelin | Piper Sandler | $62.00 | $58.39 | 6.18% | 28.63% |
Jan 09, 2023 | Piper Sandler | $66.00 | $69.02 | -4.38% | 36.93% | |
May 06, 2022 | Matt VanVliet | BTIG | $95.00 | $62.45 | 52.12% | 97.10% |
Apr 20, 2022 | JMP Securities | $112.00 | $69.27 | 61.69% | 132.37% | |
Nov 05, 2021 | Ray McDonough | Oppenheimer | $140.00 | $129.37 | 8.22% | 190.46% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 08, 2024 | BMO Capital | Market Perform | Market Perform | hold |
Nov 08, 2024 | Citigroup | Neutral | Neutral | hold |
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 |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $-0.69 | $-1.73 | $-0.57 | $0.87 | $2.59 | - | - | - |
Avg Forecast | $0.62 | $0.62 | $0.46 | $1.81 | $2.18 | $2.27 | $2.55 | - |
High Forecast | $0.62 | $0.62 | $0.46 | $1.82 | $2.20 | $2.36 | $2.65 | - |
Low Forecast | $0.61 | $0.61 | $0.45 | $1.79 | $2.16 | $2.09 | $2.46 | - |
Surprise % | -211.29% | -379.03% | -223.91% | -51.93% | 18.81% | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $351.74M | $425.71M | $522.94M | $590.00M | $653.34M | - | - | - |
Avg Forecast | $348.01M | $424.24M | $522.48M | $588.59M | $652.06M | $710.95M | $785.87M | $1.09B |
High Forecast | $350.98M | $427.86M | $529.67M | $588.88M | $652.29M | $724.84M | $786.67M | $1.11B |
Low Forecast | $345.93M | $421.71M | $517.18M | $588.36M | $651.65M | $704.94M | $785.06M | $1.07B |
Surprise % | 1.07% | 0.34% | 0.09% | 0.24% | 0.20% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $-39.40M | $-100.99M | $-33.89M | $52.83M | $161.17M | - | - | - |
Avg Forecast | $-33.60M | $-89.08M | $-126.57M | $52.83M | $157.39M | $160.25M | $184.22M | - |
High Forecast | $-26.88M | $-71.26M | $-101.26M | $63.40M | $158.83M | $170.06M | $191.26M | - |
Low Forecast | $-40.32M | $-106.89M | $-151.89M | $42.27M | $155.95M | $150.44M | $177.18M | - |
Surprise % | 17.27% | 13.38% | -73.22% | - | 2.41% | - | - | - |