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

Analyst price target for BL

Based on 7 analysts offering 12 month price targets for Blackline Inc.
Min Forecast
$50.00-32.08%
Avg Forecast
$66.00-10.35%
Max Forecast
$87.00+18.17%

Should I buy or sell BL stock?

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

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BL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 19%
82
Strong SellDowngrades$63.00-14.43%2023-01-18
Piper Sandler
Top 1%
100
HoldDowngrades$66.00-10.35%2023-01-09
Goldman Sachs
Bottom 23%
23
Strong SellMaintains$50.00-32.08%2022-11-04
Baird
Top 13%
88
BuyMaintains$72.00-2.20%2022-11-04
Berenberg
Bottom 10%
10
HoldDowngrades$60.00-18.50%2022-10-19
JMP Securities
Bottom 4%
4
BuyMaintains$87.00+18.17%2022-10-18
Bank of America
Bottom 8%
8
SellDowngrades$64.00-13.07%2022-07-18
Anonymous
Piper Sandler
Strong BuyMaintains$85.00+15.46%2022-05-06

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Forecast return on equity

Is BL forecast to generate an efficient return?
Company
-62.9%
Industry
3.77%
Market
37.19%
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
15.52%
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 1 years based on estimates from 6 analysts?
Avg 1 year Forecast
-$0.82

BL revenue forecast

What is BL's revenue in the next 1 years based on estimates from 6 analysts?
Avg 1 year Forecast
$627.2M+25.86%

BL vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
BL$73.62$66.00-10.35%Sell
NEWR$63.64$68.10+7.01%Buy
ZD$92.10$97.56+5.92%Buy
S$15.07$25.91+71.90%Buy
ALTR$57.07$58.80+3.03%Buy

Blackline Stock Forecast FAQ

Is Blackline Stock a good buy in 2023, according to Wall Street analysts?

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

Out of 7 analysts, 0 (0%) are recommending BL as a Strong Buy, 2 (28.57%) are recommending BL as a Buy, 2 (28.57%) are recommending BL as a Hold, 1 (14.29%) are recommending BL as a Sell, and 2 (28.57%) 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 2023-2023?

(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 N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.

Blackline's earnings in 2023 is -$77,705,000.

In 2023, BL is forecast to generate -$49,017,036 in earnings, with the lowest earnings forecast at -$53,799,186 and the highest earnings forecast at -$44,832,655.

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

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

Blackline's revenue in 2023 is $498,307,000.

In 2023, BL is forecast to generate $37,489,364,786 in revenue, with the lowest revenue forecast at $36,691,044,647 and the highest revenue forecast at $37,898,537,482.

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

(NASDAQ: BL) forecast ROA is -2.61%, which is lower than the forecast US Software - Infrastructure industry average of 15.52%.

What is BL's Price Target?

According to 7 Wall Street analysts that have issued a 1 year BL price target, the average BL price target is $66.00, with the highest BL stock price forecast at $87.00 and the lowest BL stock price forecast at $50.00.

On average, Wall Street analysts predict that Blackline's share price could fall to $66.00 by Jan 18, 2024. The average Blackline stock price prediction forecasts a potential downside of 10.35% from the current BL share price of $73.62.

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

(NASDAQ: BL) Blackline's current Earnings Per Share (EPS) is -$1.32. 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 2023-2023?

(NASDAQ: BL) forecast ROE is -62.9%, which is considered weak.
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