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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for BL

Based on 9 analysts offering 12 month price targets for Blackline Inc.
Min Forecast
$45.00-17.45%
Avg Forecast
$60.56+11.09%
Max Forecast
$81.00+48.6%

Should I buy or sell BL stock?

Based on 9 analysts offering ratings for Blackline Inc.
Buy
Strong Buy
2 analysts 22.22%
Buy
2 analysts 22.22%
Hold
4 analysts 44.44%
Sell
0 analysts 0%
Strong Sell
1 analysts 11.11%

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BL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-30
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
Piper Sandler
Top 2%
99
HoldMaintains$51.00-6.44%2024-08-07
JMP Securities
Bottom 6%
6
BuyReiterates$81.00+48.60%2024-07-15
Citigroup
Top 16%
85
HoldMaintains$54.00-0.94%2024-06-28
BMO Capital
Top 17%
84
HoldMaintains$67.00+22.91%2024-05-08

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Forecast return on equity

Is BL forecast to generate an efficient return?
Company
26.05%
Industry
24%
Market
52.22%
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
4.49%
Industry
12.64%
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 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$0.96-51.6%
Avg 2 year Forecast
$0.98-50.34%
Avg 3 year Forecast
$1.37-31.06%
BL's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

BL revenue forecast

What is BL's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$649.0M+3.93%
Avg 2 year Forecast
$711.1M+13.89%
Avg 3 year Forecast
$791.6M+26.78%
BL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BL earnings growth forecast

How is BL forecast to perform vs Software - Application companies and vs the US market?
Company
-26.4%
Industry
26.6%
Market
20.02%
BL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
BL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
BL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

BL revenue growth forecast

How is BL forecast to perform vs Software - Application companies and vs the US market?
Company
7.06%
Industry
13.84%
Market
8.61%
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$54.51$60.56+11.09%Buy
FRSH$11.24$17.64+56.90%Buy
INST$23.53$26.37+12.06%Buy
ENV$62.59$65.63+4.86%Hold
ALKT$33.29$37.33+12.14%Buy
View Top App Stocks

Blackline Stock Forecast FAQ

Is Blackline Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: BL) stock is to Buy BL stock.

Out of 9 analysts, 2 (22.22%) are recommending BL as a Strong Buy, 2 (22.22%) are recommending BL as a Buy, 4 (44.44%) are recommending BL as a Hold, 0 (0%) are recommending BL as a Sell, and 1 (11.11%) 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 2024-2026?

(NASDAQ: BL) Blackline's forecast annual earnings growth rate of -26.4% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 26.6%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.02%.

Blackline's earnings in 2024 is $121,511,000.On average, 6 Wall Street analysts forecast BL's earnings for 2024 to be $59,582,383, with the lowest BL earnings forecast at $57,201,077, and the highest BL earnings forecast at $63,418,586. On average, 6 Wall Street analysts forecast BL's earnings for 2025 to be $61,136,760, with the lowest BL earnings forecast at $55,957,576, and the highest BL earnings forecast at $72,123,097.

In 2026, BL is forecast to generate $84,868,990 in earnings, with the lowest earnings forecast at $69,636,094 and the highest earnings forecast at $100,101,885.

What is BL's revenue growth forecast for 2024-2026?

(NASDAQ: BL) Blackline's forecast annual revenue growth rate of 7.06% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.84%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.61%.

Blackline's revenue in 2024 is $624,405,000.On average, 6 Wall Street analysts forecast BL's revenue for 2024 to be $40,348,707,287, with the lowest BL revenue forecast at $40,320,541,974, and the highest BL revenue forecast at $40,365,308,034. On average, 6 Wall Street analysts forecast BL's revenue for 2025 to be $44,213,199,633, with the lowest BL revenue forecast at $43,870,117,520, and the highest BL revenue forecast at $44,780,547,275.

In 2026, BL is forecast to generate $49,219,350,872 in revenue, with the lowest revenue forecast at $48,929,304,105 and the highest revenue forecast at $49,509,397,638.

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

(NASDAQ: BL) forecast ROA is 4.49%, which is lower than the forecast US Software - Application industry average of 12.64%.

What is BL's Price Target?

According to 9 Wall Street analysts that have issued a 1 year BL price target, the average BL price target is $60.56, with the highest BL stock price forecast at $81.00 and the lowest BL stock price forecast at $45.00.

On average, Wall Street analysts predict that Blackline's share price could reach $60.56 by Sep 30, 2025. The average Blackline stock price prediction forecasts a potential upside of 11.09% from the current BL share price of $54.51.

What is BL's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: BL) Blackline's current Earnings Per Share (EPS) is $1.98. On average, analysts forecast that BL's EPS will be $0.96 for 2024, with the lowest EPS forecast at $0.92, and the highest EPS forecast at $1.02. On average, analysts forecast that BL's EPS will be $0.98 for 2025, with the lowest EPS forecast at $0.90, and the highest EPS forecast at $1.16. In 2026, BL's EPS is forecast to hit $1.37 (min: $1.12, max: $1.61).

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

(NASDAQ: BL) forecast ROE is 26.05%, which is considered strong.
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