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AAPL   181.75 (+0.10%)
MSFT   400.14 (-0.66%)
META   468.95 (-0.59%)
GOOGL   141.06 (-0.04%)
AMZN   168.76 (+1.01%)
TSLA   192.15 (-0.83%)
NVDA   682.10 (-1.79%)
NIO   6.04 (+1.34%)
AMD   163.32 (-1.43%)
BABA   74.33 (+1.63%)
T   16.93 (+0.12%)
F   12.22 (-0.24%)
MU   80.49 (-0.27%)
CGC   3.53 (-0.28%)
GE   148.65 (+0.02%)
DIS   109.20 (-0.22%)
AMC   4.59 (-1.50%)
PFE   27.66 (+0.25%)
PYPL   58.14 (-0.84%)
XOM   103.04 (+0.28%)
S&P 500   4,964.88 (-0.21%)
DOW   38,457.85 (-0.27%)
QQQ   424.89 (-0.57%)
AAPL   181.75 (+0.10%)
MSFT   400.14 (-0.66%)
META   468.95 (-0.59%)
GOOGL   141.06 (-0.04%)
AMZN   168.76 (+1.01%)
TSLA   192.15 (-0.83%)
NVDA   682.10 (-1.79%)
NIO   6.04 (+1.34%)
AMD   163.32 (-1.43%)
BABA   74.33 (+1.63%)
T   16.93 (+0.12%)
F   12.22 (-0.24%)
MU   80.49 (-0.27%)
CGC   3.53 (-0.28%)
GE   148.65 (+0.02%)
DIS   109.20 (-0.22%)
AMC   4.59 (-1.50%)
PFE   27.66 (+0.25%)
PYPL   58.14 (-0.84%)
XOM   103.04 (+0.28%)
S&P 500   4,964.88 (-0.21%)
DOW   38,457.85 (-0.27%)
QQQ   424.89 (-0.57%)
AAPL   181.75 (+0.10%)
MSFT   400.14 (-0.66%)
META   468.95 (-0.59%)
GOOGL   141.06 (-0.04%)
AMZN   168.76 (+1.01%)
TSLA   192.15 (-0.83%)
NVDA   682.10 (-1.79%)
NIO   6.04 (+1.34%)
AMD   163.32 (-1.43%)
BABA   74.33 (+1.63%)
T   16.93 (+0.12%)
F   12.22 (-0.24%)
MU   80.49 (-0.27%)
CGC   3.53 (-0.28%)
GE   148.65 (+0.02%)
DIS   109.20 (-0.22%)
AMC   4.59 (-1.50%)
PFE   27.66 (+0.25%)
PYPL   58.14 (-0.84%)
XOM   103.04 (+0.28%)

BlackLine (BL) Stock Forecast & Price Target

$57.45
-0.16 (-0.28%)
(As of 02/20/2024 ET)

BlackLine Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

$60.90
6.01% Upside
High Forecast$81.00
Average Forecast$60.90
Low Forecast$52.00
TypeCurrent Forecast
2/21/23 to 2/21/24
1 Month Ago
1/22/23 to 1/22/24
3 Months Ago
11/23/22 to 11/23/23
1 Year Ago
2/21/22 to 2/21/23
Consensus Rating
Hold
Hold
Hold
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
Sell
3 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$60.90$62.33$61.44$70.67
Predicted Upside6.01% Upside10.01% Upside12.22% Upside7.21% Upside
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BL Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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BlackLine Stock vs. The Competition

TypeBlackLineComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.00
2.57
2.48
Consensus RatingHoldModerate BuyHold
Predicted Upside6.01% Upside168.08% Upside9.56% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/14/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$65.00 ➝ $61.00+5.30%
2/14/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$81.00+41.29%
2/14/2024JPMorgan Chase & Co.
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 Lower TargetUnderweight ➝ Underweight$55.00 ➝ $52.00-9.30%
2/14/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$60.00 ➝ $57.00-3.32%
2/14/2024Piper Sandler
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 Lower TargetUnderweight ➝ Underweight$60.00 ➝ $55.00-5.66%
2/14/2024William Blair
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M. Pfau
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DowngradeOutperform ➝ Market Perform
1/23/2024The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$49.00 ➝ $54.00-11.18%
9/19/2023Truist Financial
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 Reiterated RatingHold ➝ Hold$60.00+9.23%
9/18/2023Morgan Stanley
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 Initiated CoverageEqual Weight
8/9/2023BTIG Research
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 Lower TargetBuy ➝ Buy$80.00 ➝ $70.00+36.35%
5/5/2023BMO Capital Markets
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 Lower Target$71.00 ➝ $59.00+8.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:41 AM ET.












BL Price Target - Frequently Asked Questions

What is BlackLine's consensus rating and price target?

According to the issued ratings of 10 analysts in the last year, the consensus rating for BlackLine stock is Hold based on the current 3 sell ratings, 4 hold ratings and 3 buy ratings for BL. The average twelve-month price prediction for BlackLine is $60.90 with a high price target of $81.00 and a low price target of $52.00. Learn more on BL's analyst rating history.

Do Wall Street analysts like BlackLine more than its competitors?

Analysts like BlackLine less than other Computer and Technology companies. The consensus rating for BlackLine is Hold while the average consensus rating for computer and technology companies is Moderate Buy. Learn more on how BL compares to other companies.

Is BlackLine being downgraded by Wall Street analysts?

Over the previous 90 days, BlackLine's stock had 2 downgrades by analysts.

Does BlackLine's stock price have much upside?

According to analysts, BlackLine's stock has a predicted upside of 7.26% based on their 12-month stock forecasts.

What analysts cover BlackLine?

Stock Ratings Reports and Tools

This page (NASDAQ:BL) was last updated on 2/21/2024 by MarketBeat.com Staff

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