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BlackLine
BLNASDAQ
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BlackLine (NASDAQ:BL) Stock, Analyst Ratings, Price Targets, Forecasts
BlackLine Inc has a consensus price target of $68.77 based on the ratings of 16 analysts. The high is $140 issued by Oppenheimer on November 5, 2021. The low is $52 issued by JP Morgan on February 14, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Piper Sandler, and Citigroup on July 15, 2024, July 12, 2024, and June 28, 2024, respectively. With an average price target of $63.33 between JMP Securities, Piper Sandler, and Citigroup, there's an implied 34.75% upside for BlackLine Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
JMP Securities
Piper Sandler
Citigroup
BMO Capital
Baird
1calculated from analyst ratings
Analyst Ratings for BlackLine
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/15/2024 | Buy Now | 72.34% | JMP Securities | Patrick Walravens | $81 → $81 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 07/12/2024 | Buy Now | 17.02% | Piper Sandler | Brent Bracelin | $62 → $55 | Maintains | Neutral | Get Alert |
| 06/28/2024 | Buy Now | 14.89% | Citigroup | Steven Enders | $62 → $54 | Maintains | Neutral | Get Alert |
| 05/08/2024 | Buy Now | 42.55% | BMO Capital | Daniel Jester | $65 → $67 | Maintains | Market Perform | Get Alert |
| 05/08/2024 | Buy Now | 53.19% | Baird | Rob Oliver | $61 → $72 | Maintains | Outperform | Get Alert |
| 04/23/2024 | Buy Now | 34.04% | Citigroup | Steven Enders | $66 → $63 | Maintains | Neutral | Get Alert |
| 04/23/2024 | Buy Now | 31.91% | Piper Sandler | Brent Bracelin | $55 → $62 | Upgrade | Underweight → Neutral | Get Alert |
| 03/27/2024 | Buy Now | 40.43% | Citigroup | Steven Enders | $57 → $66 | Maintains | Neutral | Get Alert |
| 03/18/2024 | Buy Now | — | Wolfe Research | Ryan Krieger | — | Initiates | → Peer Perform | Get Alert |
| 02/14/2024 | Buy Now | 29.79% | Baird | Rob Oliver | $65 → $61 | Maintains | Outperform | Get Alert |
| 02/14/2024 | Buy Now | 10.64% | JP Morgan | Pinjalim Bora | $55 → $52 | Maintains | Underweight | Get Alert |
| 02/14/2024 | Buy Now | 72.34% | JMP Securities | Patrick Walravens | → $81 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 02/14/2024 | Buy Now | 21.28% | Citigroup | Steven Enders | $60 → $57 | Maintains | Neutral | Get Alert |
| 02/14/2024 | Buy Now | — | William Blair | Matthew Pfau | — | Downgrade | Outperform → Market Perform | Get Alert |
| 02/14/2024 | Buy Now | 17.02% | Piper Sandler | Brent Bracelin | $60 → $55 | Maintains | Underweight | Get Alert |
| 02/13/2024 | Buy Now | 72.34% | JP Morgan | Pinjalim Bora | $81 → $81 | Maintains | Market Perform | Get Alert |
| 01/24/2024 | Buy Now | 14.89% | Goldman Sachs | Adam Hotchkiss | $49 → $54 | Maintains | Sell | Get Alert |
| 01/23/2024 | Buy Now | 14.89% | Goldman Sachs | Adam Hotchkiss | $49 → $54 | Maintains | Sell | Get Alert |
| 01/04/2024 | Buy Now | 38.3% | Baird | Rob Oliver | $68 → $65 | Maintains | Outperform | Get Alert |
| 01/02/2024 | Buy Now | 27.66% | Piper Sandler | Brent Bracelin | $53 → $60 | Downgrade | Neutral → Underweight | Get Alert |
| 12/18/2023 | Buy Now | 72.34% | JMP Securities | Patrick Walravens | → $81 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 11/03/2023 | Buy Now | 12.77% | Piper Sandler | Brent Bracelin | → $53 | Reiterates | Neutral → Neutral | Get Alert |
| 09/19/2023 | Buy Now | 27.66% | Truist Securities | Joe Meares | → $60 | Reiterates | Hold → Hold | Get Alert |
| 09/18/2023 | Buy Now | 25.53% | Citigroup | Steven Enders | $57 → $59 | Maintains | Neutral | Get Alert |
| 08/10/2023 | Buy Now | 21.28% | Citigroup | Steven Enders | $63 → $57 | Maintains | Neutral | Get Alert |
| 08/09/2023 | Buy Now | 72.34% | JMP Securities | Patrick Walravens | $87 → $81 | Maintains | Market Outperform | Get Alert |
| 08/09/2023 | Buy Now | — | JP Morgan | Pinjalim Bora | $50 → $47 | Maintains | Underweight | Get Alert |
| 08/09/2023 | Buy Now | 48.94% | BTIG | Matt VanVliet | $80 → $70 | Maintains | Buy | Get Alert |
| 08/09/2023 | Buy Now | 12.77% | Piper Sandler | Brent Bracelin | $55 → $53 | Maintains | Neutral | Get Alert |
| 07/21/2023 | Buy Now | 34.04% | Citigroup | Steven Enders | $56 → $63 | Maintains | Neutral | Get Alert |
| 05/08/2023 | Buy Now | 19.15% | Citigroup | Steven Enders | $59 → $56 | Upgrade | Sell → Neutral | Get Alert |
| 05/08/2023 | Buy Now | 27.66% | Truist Securities | Joe Meares | $65 → $60 | Maintains | Buy | Get Alert |
| 05/05/2023 | Buy Now | 85.11% | JMP Securities | Patrick Walravens | → $87 | Reiterates | → Market Outperform | Get Alert |
| 05/05/2023 | Buy Now | 17.02% | Piper Sandler | Brent Bracelin | $64 → $55 | Maintains | Neutral | Get Alert |
| 03/06/2023 | Buy Now | 36.17% | Piper Sandler | Brent Bracelin | → $64 | Reiterates | → Neutral | Get Alert |
| 02/15/2023 | Buy Now | 38.3% | Truist Securities | Terry Tillman | $55 → $65 | Maintains | Hold | Get Alert |
| 02/15/2023 | Buy Now | 38.3% | Citigroup | Steven Enders | $63 → $65 | Maintains | Sell | Get Alert |
| 02/15/2023 | Buy Now | 51.06% | BMO Capital | Daniel Jester | $76 → $71 | Maintains | Market Perform | Get Alert |
| 02/15/2023 | Buy Now | 74.47% | Baird | Rob Oliver | $72 → $82 | Maintains | Outperform | Get Alert |
| 02/15/2023 | Buy Now | 36.17% | Piper Sandler | Brent Bracelin | $66 → $64 | Maintains | Neutral | Get Alert |
| 01/18/2023 | Buy Now | 34.04% | Citigroup | Steven Enders | → $63 | Downgrade | Neutral → Sell | Get Alert |
| 01/09/2023 | Buy Now | 40.43% | Piper Sandler | Brent Bracelin | $70 → $66 | Downgrade | Overweight → Neutral | Get Alert |
| 11/04/2022 | Buy Now | 6.38% | Goldman Sachs | Adam Hotchkiss | $57 → $50 | Maintains | Sell | Get Alert |
| 11/04/2022 | Buy Now | 53.19% | Baird | Rob Oliver | $95 → $72 | Maintains | Outperform | Get Alert |
| 10/21/2022 | Buy Now | 21.28% | Goldman Sachs | Adam Hotchkiss | → $57 | Initiates | → Sell | Get Alert |
| 10/20/2022 | Buy Now | 48.94% | Piper Sandler | Brent Bracelin | $85 → $70 | Maintains | Overweight | Get Alert |
| 10/19/2022 | Buy Now | 27.66% | Berenberg | Andrew DeGasperi | $105 → $60 | Downgrade | Buy → Hold | Get Alert |
| 10/18/2022 | Buy Now | 85.11% | JMP Securities | Patrick Walravens | $112 → $87 | Maintains | Market Outperform | Get Alert |
| 09/01/2022 | Buy Now | 55.32% | Citigroup | Steven Enders | → $73 | Initiates | → Neutral | Get Alert |
| 07/18/2022 | Buy Now | 36.17% | B of A Securities | Koji Ikeda | $75 → $64 | Downgrade | Neutral → Underperform | Get Alert |
| 05/06/2022 | Buy Now | 80.85% | Piper Sandler | Brent Bracelin | $112 → $85 | Maintains | Overweight | Get Alert |
| 04/20/2022 | Buy Now | 138.3% | JMP Securities | Patrick Walravens | $145 → $112 | Maintains | Market Outperform | Get Alert |
| 02/11/2022 | Buy Now | 208.51% | JMP Securities | Patrick Walravens | $163 → $145 | Maintains | Market Outperform | Get Alert |
| 02/11/2022 | Buy Now | 138.3% | Piper Sandler | Brent Bracelin | $130 → $112 | Maintains | Overweight | Get Alert |
| 02/01/2022 | Buy Now | 95.74% | BMO Capital | Daniel Jester | → $92 | Initiates | → Market Perform | Get Alert |
| 01/28/2022 | Buy Now | 165.96% | BTIG | Matt VanVliet | $150 → $125 | Maintains | Buy | Get Alert |
| 01/25/2022 | Buy Now | — | Keybanc | Josh Beck | — | Downgrade | Overweight → Sector Weight | Get Alert |
| 01/12/2022 | Buy Now | 176.6% | Piper Sandler | Brent Bracelin | $155 → $130 | Maintains | Overweight | Get Alert |
| 11/05/2021 | Buy Now | 197.87% | Oppenheimer | — | — | Maintains | Outperform | Get Alert |
| 11/05/2021 | Buy Now | 229.79% | Piper Sandler | Brent Bracelin | — | Maintains | Overweight | Get Alert |
FAQ
What is the target price for BlackLine (BL) stock?
The latest price target for BlackLine (NASDAQ:BL) was reported by JMP Securities on July 15, 2024. The analyst firm set a price target for $81.00 expecting BL to rise to within 12 months (a possible 72.34% upside). 29 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for BlackLine (BL)?
The latest analyst rating for BlackLine (NASDAQ:BL) was provided by JMP Securities, and BlackLine reiterated their market outperform rating.
When was the last upgrade for BlackLine (BL)?
The last upgrade for BlackLine Inc happened on April 23, 2024 when Piper Sandler raised their price target to $62. Piper Sandler previously had an underweight for BlackLine Inc.
When was the last downgrade for BlackLine (BL)?
The last downgrade for BlackLine Inc happened on February 14, 2024 when William Blair changed their price target from N/A to N/A for BlackLine Inc.
When is the next analyst rating going to be posted or updated for BlackLine (BL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BlackLine, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for BlackLine was filed on July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.
Is the Analyst Rating BlackLine (BL) correct?
While ratings are subjective and will change, the latest BlackLine (BL) rating was a reiterated with a price target of $81.00 to $81.00. The current price BlackLine (BL) is trading at is $47.00, which is out of the analyst’s predicted range.
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