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NASDAQ: BL
Blackline Inc Stock Forecast, Predictions & Price Target

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Analyst price target for BL

Based on 6 analysts offering 12 month price targets for Blackline Inc.
Min Forecast
$64.00+12.74%
Avg Forecast
$96.33+69.69%
Max Forecast
$125.00+120.19%

Should I buy or sell BL stock?

Based on 7 analysts offering ratings for Blackline Inc.
Buy
Strong Buy
2 analysts 28.57%
Buy
1 analysts 14.29%
Hold
3 analysts 42.86%
Sell
1 analysts 14.29%
Strong Sell
0 analysts 0%

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BL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Bottom 25%
25
HoldInitiates Coverage On$73.00+28.59%2022-09-01
Bank of America
Bottom 12%
12
SellDowngrades$64.00+12.74%2022-07-18
Anonymous
Piper Sandler
Strong BuyMaintains$85.00+49.73%2022-05-06
JMP Securities
Bottom 2%
2
BuyMaintains$112.00+97.29%2022-04-20
Piper Sandler
Top 3%
98
Strong BuyMaintains$112.00+97.29%2022-02-11
BMO Capital
Bottom 29%
29
HoldInitiates Coverage On$92.00+62.06%2022-02-01
BTIG
Bottom 16%
16
Strong BuyMaintains$125.00+120.19%2022-01-28
KeyBanc
Top 14%
87
HoldDowngradesN/AN/A2022-01-25

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Forecast return on equity

Is BL forecast to generate an efficient return?
Company
-61.75%
Industry
41.12%
Market
98.45%
BL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is BL forecast to generate an efficient return on assets?
Company
-2.61%
Industry
15.71%
BL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

BL earnings per share forecast

What is BL's earnings per share in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
-$0.81
Avg 2 year Forecast
-$0.82

BL revenue forecast

What is BL's revenue in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$525.2M+10.94%
Avg 2 year Forecast
$627.2M+32.47%
BL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BL revenue growth forecast

How is BL forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
10.94%
Industry
10.24%
Market
11.69%
BL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BL vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
BL$56.77$96.33+69.69%Buy
FOUR$42.09$66.00+56.81%Buy
BOX$24.25$32.20+32.78%Buy
ZD$69.36$102.00+47.06%Buy
DOCN$36.32$63.86+75.82%Buy

Blackline Stock Forecast FAQ

Is Blackline Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: BL) stock is to Buy BL stock.

Out of 7 analysts, 2 (28.57%) are recommending BL as a Strong Buy, 1 (14.29%) are recommending BL as a Buy, 3 (42.86%) are recommending BL as a Hold, 1 (14.29%) are recommending BL as a Sell, and 0 (0%) are recommending BL as a Strong Sell.

If you're new to stock investing, here's how to buy Blackline stock.

What is BL's earnings growth forecast for 2022-2023?

(NASDAQ: BL) Blackline's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 12.2%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 46.04%.

Blackline's earnings in 2022 is -$71,427,000.On average, 6 Wall Street analysts forecast BL's earnings for 2022 to be -$48,300,612, with the lowest BL earnings forecast at -$49,493,220, and the highest BL earnings forecast at -$46,511,700.

In 2023, BL is forecast to generate -$48,896,916 in earnings, with the lowest earnings forecast at -$53,667,347 and the highest earnings forecast at -$44,722,789.

What is BL's revenue growth forecast for 2022-2023?

(NASDAQ: BL) Blackline's forecast annual revenue growth rate of 10.94% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.24%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.69%.

Blackline's revenue in 2022 is $473,441,000.On average, 6 Wall Street analysts forecast BL's revenue for 2022 to be $31,320,740,460, with the lowest BL revenue forecast at $31,211,139,813, and the highest BL revenue forecast at $31,387,645,752.

In 2023, BL is forecast to generate $37,397,494,105 in revenue, with the lowest revenue forecast at $36,601,130,313 and the highest revenue forecast at $37,805,664,090.

What is BL's forecast return on assets (ROA) for 2022-2023?

(NASDAQ: BL) forecast ROA is -2.61%, which is lower than the forecast US Software - Infrastructure industry average of 15.71%.

What is BL's Price Target?

According to 6 Wall Street analysts that have issued a 1 year BL price target, the average BL price target is $96.33, with the highest BL stock price forecast at $125.00 and the lowest BL stock price forecast at $64.00.

On average, Wall Street analysts predict that Blackline's share price could reach $96.33 by Sep 1, 2023. The average Blackline stock price prediction forecasts a potential upside of 69.69% from the current BL share price of $56.77.

What is BL's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: BL) Blackline's current Earnings Per Share (EPS) is -$1.21. On average, analysts forecast that BL's EPS will be -$0.81 for 2022, with the lowest EPS forecast at -$0.83, and the highest EPS forecast at -$0.78. In 2023, BL's EPS is forecast to hit -$0.82 (min: -$0.90, max: -$0.75).

What is BL's forecast return on equity (ROE) for 2022-2023?

(NASDAQ: BL) forecast ROE is -61.75%, which is considered weak.
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