NASDAQ:BL - BlackLine Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $140.00
  • Forecasted Upside: 25.53 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$111.53
▼ -0.89 (-0.79%)
1 month | 3 months | 12 months
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Analyst Price Target for BL

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$140.00
▲ +25.53% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for BlackLine in the last 3 months. The average price target is $140.00, with a high forecast of $163.00 and a low forecast of $80.00. The average price target represents a 25.53% upside from the last price of $111.53.
Buy
The current consensus among 9 contributing investment analysts is to buy stock in BlackLine. This rating has held steady since January 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/13/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/12/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/11/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/9/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/7/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/6/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/4/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/6/2021

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/4/2021Berenberg BankInitiated CoverageBuy$150.00High
i
2/16/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$80.00 ➝ $137.00Low
i
2/12/2021KeyCorpBoost Price TargetOverweight$145.00 ➝ $155.00Low
i
2/12/2021Piper SandlerBoost Price TargetOverweight$138.00 ➝ $158.00Low
i
2/12/2021OppenheimerBoost Price TargetPositive ➝ Outperform$140.00 ➝ $160.00Low
i
2/2/2021KeyCorpBoost Price TargetOverweight$115.00 ➝ $145.00Low
i
2/2/2021JMP SecuritiesBoost Price TargetOutperform$115.00 ➝ $163.00Low
i
1/11/2021Piper SandlerBoost Price Target$115.00 ➝ $138.00Medium
i
12/2/2020BTIG ResearchBoost Price TargetBuy$120.00 ➝ $132.00Low
i
11/23/2020Robert W. BairdBoost Price TargetOutperform$115.00 ➝ $125.00Low
i
11/18/2020BTIG ResearchBoost Price TargetBuy$110.00 ➝ $120.00Low
i
11/18/2020OppenheimerBoost Price TargetOutperform$110.00 ➝ $115.00Low
i
Rating by Koji Ikeda at Oppenheimer Holdings Inc.
10/30/2020OppenheimerBoost Price Target$95.00 ➝ $110.00Low
i
Rating by Koji Ikeda at Oppenheimer Holdings Inc.
10/30/2020KeyCorpBoost Price TargetOverweight$100.00 ➝ $115.00High
i
Rating by Josh Beck at KeyCorp
10/30/2020Piper SandlerBoost Price TargetOverweight$95.00 ➝ $115.00High
i
10/5/2020BTIG ResearchInitiated CoverageBuy$107.00Medium
i
8/11/2020OppenheimerInitiated CoverageBuy$95.00Low
i
Rating by Koji Ikeda at Oppenheimer Holdings Inc.
8/10/2020Truist FinancialBoost Price TargetHold$64.00 ➝ $80.00High
i
8/7/2020Piper SandlerBoost Price TargetOverweight$78.00 ➝ $95.00High
i
Rating by Brent Bracelin at Piper Sandler
7/20/2020JMP SecuritiesBoost Price TargetMarket Perform$62.00 ➝ $95.00High
i
7/1/2020KeyCorpInitiated CoverageOverweight$95.00High
i
6/29/2020The Goldman Sachs GroupBoost Price Target$54.00 ➝ $71.00Medium
i
6/18/2020Robert W. BairdBoost Price TargetOutperform$70.00 ➝ $90.00High
i
5/28/2020Piper SandlerBoost Price TargetOverweight$69.00 ➝ $78.00High
i
Rating by Brent Bracelin at Piper Sandler
5/14/2020OppenheimerBoost Price TargetOutperform$63.00 ➝ $70.00Low
i
Rating by Koji Ikeda at Oppenheimer Holdings Inc.
5/1/2020OppenheimerReiterated RatingBuy$63.00Medium
i
Rating by Koji Ikeda at Oppenheimer Holdings Inc.
3/31/2020Piper SandlerLower Price TargetOverweight$78.00 ➝ $65.00Low
i
Rating by Brent Bracelin at Piper Sandler
3/17/2020OppenheimerLower Price TargetOutperform$79.00 ➝ $63.00High
i
Rating by Koji Ikeda at Oppenheimer Holdings Inc.
2/14/2020Piper SandlerUpgradeNeutral ➝ Overweight$60.00 ➝ $78.00Medium
i
2/14/2020OppenheimerReiterated RatingBuy$79.00High
i
Rating by Koji Ikeda at Oppenheimer Holdings Inc.
2/11/2020JMP SecuritiesBoost Price TargetOutperform ➝ Positive$60.00 ➝ $69.00Low
i
1/17/2020OppenheimerUpgradeMarket Perform ➝ Outperform$75.00High
i
11/25/2019Piper Jaffray CompaniesInitiated CoverageNeutral$60.00Low
i
10/4/2019First AnalysisInitiated CoverageOutperform$55.00Low
i
8/2/2019KeyCorpBoost Price TargetOverweight$60.00 ➝ $62.00High
i
7/2/2019The Goldman Sachs GroupDowngradeBuy ➝ Sell$57.00 ➝ $41.00High
i
2/14/2019KeyCorpReiterated RatingBuy$56.00High
i
2/1/2019The Goldman Sachs GroupReiterated RatingBuy ➝ Buy$53.00High
i
1/22/2019Raymond JamesDowngradeOutperform ➝ Market PerformHigh
i
11/15/2018KeyCorpReiterated RatingOverweight ➝ Buy$65.00 ➝ $56.00High
i
11/2/2018Robert W. BairdLower Price TargetOutperform ➝ Outperform$60.00 ➝ $55.00N/A
i
10/19/2018CIBCInitiated CoverageMarket Perform ➝ Market PerformLow
i
10/19/2018OppenheimerInitiated CoverageMarket PerformHigh
i
9/18/2018KeyCorpBoost Price TargetOverweight$52.00 ➝ $65.00Low
i
5/3/2018KeyCorpReiterated RatingBuy$52.00High
i
3/19/2018SunTrust BanksDowngradeBuy ➝ Hold$43.00Medium
i
3/12/2018KeyCorpBoost Price TargetOverweight ➝ Overweight$46.00 ➝ $52.00Medium
i
2/16/2018Robert W. BairdReiterated RatingBuyLow
i
2/15/2018KeyCorpReiterated RatingBuy$46.00High
i
1/25/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$27.00Medium
i
11/16/2017JMP SecuritiesUpgradeMarket Perform ➝ OutperformN/A
i
11/3/2017SunTrust BanksReiterated RatingBuy$42.00N/A
i
10/22/2017KeyCorpReiterated RatingBuy$39.00N/A
i
10/1/2017Robert W. BairdSet Price TargetBuy$42.00Low
i
9/22/2017KeyCorpReiterated RatingBuy$39.00Low
i
6/26/2017SunTrust BanksInitiated CoverageBuy ➝ Buy$43.00High
i
6/26/2017JMP SecuritiesInitiated CoverageMarket PerformLow
i
5/8/2017William BlairReiterated RatingOutperformHigh
i
2/28/2017Robert W. BairdInitiated CoverageOutperform ➝ Outperform$33.00N/A
i
2/24/2017William BlairReiterated RatingOutperformN/A
i
11/30/2016Pacific CrestReiterated RatingOverweight$31.00N/A
i
11/22/2016William BlairReiterated RatingOutperformN/A
i
Rating by B. Suri at William Blair
11/22/2016William BlairInitiated CoverageOutperformN/A
i
11/22/2016Raymond JamesInitiated CoverageOutperform$31.00N/A
i
11/22/2016Pacific CrestInitiated CoverageOverweight$31.00N/A
i
11/22/2016JPMorgan Chase & Co.Initiated CoverageNeutralN/A
i
11/22/2016Robert W. BairdInitiated CoverageOutperform$33.00N/A
i
11/22/2016The Goldman Sachs GroupInitiated CoverageNeutralN/A
i
(Data available from 3/7/2016 forward)
BlackLine logo
BlackLine, Inc. provides financial accounting close solutions delivered primarily as Software as a Service in the United States and internationally. Its reconciliation management solutions include Account Reconciliations that provides a centralized workspace from which users can collaborate to complete account reconciliations; Transaction Matching that analyzes and reconciles high volumes of individual transactions; Consolidation Integrity Manager, which manages the automated system-to-system tie-out process that occurs during the consolidation phase of the financial close; and Daily Reconciliations, which narrows the scope of a reconciliation to a single day's transactions or balance detail. The company's financial close management solutions comprise Task Management that enables users to create and manage processes and task lists; Journal Entry, which allows users to generate, review, and post manual journal entries; and Variance Analysis that monitors and automatically identifies anomalous fluctuations in balance sheet and income statement account balances. Its Intercompany Hub solutions consists of Intercompany Workflow, which replaces informal, ad-hoc intercompany requests, and approvals; Intercompany Processing that records an organization's intercompany transactions and posts them from a single source; and Netting and Settlement, which automatically generate a real-time, aggregated settlement matrix that shows the balance of transactions. The company also provides Compliance, is an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and implementation, support, and training services. It sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises and mid-market companies across various industries. The company was founded in 2001 and is headquartered in Woodland Hills, California.
Read More

Today's Range

Now: $111.53
$104.41
$113.94

50 Day Range

MA: $132.13
$112.42
$150.37

52 Week Range

Now: $111.53
$38.32
$154.61

Volume

1,009,311 shs

Average Volume

672,135 shs

Market Capitalization

$6.44 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.95

Frequently Asked Questions

What sell-side analysts currently cover shares of BlackLine?

The following Wall Street sell-side analysts have issued stock ratings on BlackLine in the last twelve months: Berenberg Bank, BTIG Research, JMP Securities, KeyCorp, Oppenheimer Holdings Inc., Piper Sandler, Robert W. Baird, The Goldman Sachs Group, Inc., Truist Financial Co., and Zacks Investment Research.
View the latest analyst ratings for BL.

What is the current price target for BlackLine?

9 Wall Street analysts have set twelve-month price targets for BlackLine in the last year. Their average twelve-month price target is $140.00, suggesting a possible upside of 25.5%. JMP Securities has the highest price target set, predicting BL will reach $163.00 in the next twelve months. Truist Financial Co. has the lowest price target set, forecasting a price of $80.00 for BlackLine in the next year.
View the latest price targets for BL.

What is the current consensus analyst rating for BlackLine?

BlackLine currently has 2 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BL will outperform the market and that investors should add to their positions of BlackLine.
View the latest ratings for BL.

What other companies compete with BlackLine?

How do I contact BlackLine's investor relations team?

BlackLine's physical mailing address is 21300 Victory Boulevard 12th Floor, Woodland Hills CA, 91367. The technology company's listed phone number is 818-223-9008 and its investor relations email address is [email protected] The official website for BlackLine is www.blackline.com.