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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
$52.00-7.59%
Avg Forecast
$60.00+6.63%
Max Forecast
$81.00+43.95%

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
0 analysts 0%
Strong Sell
3 analysts 42.86%

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BL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
Goldman Sachs
Top 31%
70
Strong SellMaintains$54.00-4.03%2024-01-24
Truist Securities
Bottom 26%
26
HoldReiterates$60.00+6.63%2023-09-19

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Forecast return on equity

Is BL forecast to generate an efficient return?

Forecast return on assets

Is BL forecast to generate an efficient return on assets?

BL revenue forecast

What is BL's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$644.5M+12.24%
Avg 2 year Forecast
$709.0M+23.46%
Avg 3 year Forecast
$792.7M+38.04%
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 - Application companies and vs the US market?
Company
11.39%
Industry
15.51%
Market
10.59%
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 App Stocks

TickerPricePrice TargetUp/downsideConsensus
BL$56.27$60.00+6.63%Sell
ALRM$68.94$66.00-4.26%Buy
SPT$61.27$72.00+17.51%Strong Buy
AYX$48.02$50.68+5.54%Buy
CXM$12.27$17.06+39.06%Buy

Blackline Stock Forecast FAQ

Is Blackline Stock a good buy in 2024, 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, 0 (0%) are recommending BL as a Sell, and 3 (42.86%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: BL) Blackline's forecast annual revenue growth rate of 11.39% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 15.51%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.59%.

Blackline's revenue in 2024 is $574,223,000.On average, 6 Wall Street analysts forecast BL's revenue for 2024 to be $39,489,803,040, with the lowest BL revenue forecast at $39,416,095,456, and the highest BL revenue forecast at $39,643,406,458. On average, 6 Wall Street analysts forecast BL's revenue for 2025 to be $43,437,417,027, with the lowest BL revenue forecast at $42,920,116,004, and the highest BL revenue forecast at $43,954,350,431.

In 2026, BL is forecast to generate $48,566,129,180 in revenue, with the lowest revenue forecast at $48,566,129,180 and the highest revenue forecast at $48,566,129,180.

What is BL's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: BL) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.23%.

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 $60.00, with the highest BL stock price forecast at $81.00 and the lowest BL stock price forecast at $52.00.

On average, Wall Street analysts predict that Blackline's share price could reach $60.00 by Feb 14, 2025. The average Blackline stock price prediction forecasts a potential upside of 6.63% from the current BL share price of $56.27.

What is BL's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: BL) forecast ROE is N/A, which is considered weak.
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