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BlackLine

BLNASDAQ
Logo brought to you by Benzinga Data
$63.43
0.921.47%
At close: -
$63.43
0.000.00%
After Hours: Dec 20, 4:03 PM EDT
Consensus Rating1
Hold
Highest Price Target1
$86.00
Lowest Price Target1
$50.00
Consensus Price Target1
$64.92

BlackLine (NASDAQ:BL) Stock, Analyst Ratings, Price Targets, Forecasts

BlackLine Inc has a consensus price target of $64.92 based on the ratings of 16 analysts. The high is $86 issued by JMP Securities on November 22, 2024. The low is $50 issued by JP Morgan on October 25, 2024. The 3 most-recent analyst ratings were released by Citigroup, JMP Securities, and Piper Sandler on December 16, 2024, November 22, 2024, and November 20, 2024, respectively. With an average price target of $73 between Citigroup, JMP Securities, and Piper Sandler, there's an implied 15.09% upside for BlackLine Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
1
1
Aug
1
Sep
1
Oct
1
2
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
JMP Securities
Piper Sandler
Morgan Stanley
Truist Securities

1calculated from analyst ratings

Analyst Ratings for BlackLine

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for BlackLine (BL) stock?

A

The latest price target for BlackLine (NASDAQ:BL) was reported by Citigroup on December 16, 2024. The analyst firm set a price target for $73.00 expecting BL to rise to within 12 months (a possible 15.09% upside). 34 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for BlackLine (BL)?

A

The latest analyst rating for BlackLine (NASDAQ:BL) was provided by Citigroup, and BlackLine maintained their neutral rating.

Q

When was the last upgrade for BlackLine (BL)?

A

The last upgrade for BlackLine Inc happened on September 30, 2024 when Morgan Stanley raised their price target to $70. Morgan Stanley previously had an equal-weight for BlackLine Inc.

Q

When was the last downgrade for BlackLine (BL)?

A

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.

Q

When is the next analyst rating going to be posted or updated for BlackLine (BL)?

A

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 December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.

Q

Is the Analyst Rating BlackLine (BL) correct?

A

While ratings are subjective and will change, the latest BlackLine (BL) rating was a maintained with a price target of $64.00 to $73.00. The current price BlackLine (BL) is trading at is $63.43, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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