• Consensus Rating: Hold
  • Consensus Price Target: $62.20
  • Forecasted Upside: 3.01%
  • Number of Analysts: 11
  • Breakdown:
  • 2 Sell Ratings
  • 6 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$60.38
▲ +1.49 (2.53%)

This chart shows the closing price for BL by one month, three months, or twelve months.

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Analyst Price Target for BL

Analyst Price Target is $62.20
▲ +3.01% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for BlackLine in the last 3 months. The average price target is $62.20, with a high forecast of $81.00 and a low forecast of $52.00. The average price target represents a 3.01% upside from the last price of $60.38.

This chart shows the closing price for BL for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 11 polled investment analysts is to hold stock in BlackLine. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
11/3/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
2/1/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
5/2/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
7/31/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
10/29/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
1/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
3/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings
4/26/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/23/2024CitigroupLower TargetNeutral ➝ Neutral$66.00 ➝ $63.00Low
4/23/2024Piper SandlerUpgradeUnderweight ➝ Neutral$55.00 ➝ $62.00Low
3/27/2024CitigroupBoost TargetNeutral ➝ Neutral$57.00 ➝ $66.00Low
3/18/2024Wolfe ResearchInitiated CoveragePeer PerformLow
2/14/2024Robert W. BairdLower TargetOutperform ➝ Outperform$65.00 ➝ $61.00Low
2/14/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$81.00Low
2/14/2024JPMorgan Chase & Co.Lower TargetUnderweight ➝ Underweight$55.00 ➝ $52.00Low
2/14/2024CitigroupLower TargetNeutral ➝ Neutral$60.00 ➝ $57.00Low
2/14/2024Piper SandlerLower TargetUnderweight ➝ Underweight$60.00 ➝ $55.00Low
2/14/2024William BlairDowngradeOutperform ➝ Market PerformLow
2/13/2024JPMorgan Chase & Co.Reiterated RatingMarket Perform ➝ Market Perform$81.00Low
1/23/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$49.00 ➝ $54.00Low
1/4/2024Robert W. BairdLower TargetOutperform ➝ Outperform$68.00 ➝ $65.00Low
1/2/2024Piper SandlerDowngradeNeutral ➝ Underweight$53.00 ➝ $60.00Low
12/18/2023JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$81.00Low
11/3/2023Piper SandlerReiterated RatingNeutral ➝ Neutral$53.00Low
9/19/2023Truist FinancialReiterated RatingHold ➝ Hold$60.00Low
9/18/2023Morgan StanleyInitiated CoverageEqual WeightLow
9/18/2023CitigroupBoost TargetNeutral ➝ Neutral$57.00 ➝ $59.00Low
8/10/2023CitigroupLower TargetNeutral ➝ Neutral$63.00 ➝ $57.00Low
8/9/2023JPMorgan Chase & Co.Lower TargetUnderweight ➝ Underweight$50.00 ➝ $47.00N/A
8/9/2023BTIG ResearchLower TargetBuy ➝ Buy$80.00 ➝ $70.00Low
8/9/2023Piper SandlerLower TargetNeutral ➝ Neutral$55.00 ➝ $53.00Low
8/9/2023JMP SecuritiesLower TargetMarket Outperform ➝ Market Outperform$87.00 ➝ $81.00Low
7/21/2023CitigroupBoost TargetNeutral$56.00 ➝ $63.00N/A
5/22/2023Morgan StanleyInitiated CoverageEqual Weight$60.00Low
5/8/2023Truist FinancialLower Target$65.00 ➝ $60.00Low
5/8/2023CitigroupUpgradeSell ➝ NeutralLow
5/5/2023BMO Capital MarketsLower Target$71.00 ➝ $59.00Low
5/5/2023Robert W. BairdLower Target$82.00 ➝ $64.00Low
5/5/2023Piper SandlerLower Target$64.00 ➝ $55.00Low
3/6/2023Piper SandlerReiterated RatingNeutral$64.00Low
2/15/2023Truist FinancialBoost TargetHold$55.00 ➝ $65.00Low
2/15/2023Piper SandlerLower TargetNeutral$66.00 ➝ $64.00Low
2/15/2023BMO Capital MarketsLower TargetMarket Perform$76.00 ➝ $71.00Low
2/15/2023Robert W. BairdBoost TargetOutperform$72.00 ➝ $82.00Low
2/15/2023CitigroupBoost TargetSell$63.00 ➝ $65.00Low
1/18/2023CitigroupDowngradeNeutral ➝ Sell$58.00 ➝ $63.00Low
1/9/2023Piper SandlerDowngradeOverweight ➝ Neutral$70.00 ➝ $66.00Low
11/7/2022Truist FinancialLower Target$70.00 ➝ $55.00Low
11/4/2022The Goldman Sachs GroupLower TargetSell$57.00 ➝ $50.00Low
11/4/2022Robert W. BairdLower TargetOutperform$95.00 ➝ $72.00Low
10/21/2022CitigroupLower Target$73.00 ➝ $65.00Low
10/21/2022The Goldman Sachs GroupInitiated CoverageSell$57.00Low
10/20/2022Piper SandlerLower TargetOverweight$85.00 ➝ $70.00Low
10/19/2022Berenberg BankDowngradeBuy ➝ Hold$60.00Low
10/18/2022JMP SecuritiesLower TargetMarket Outperform$112.00 ➝ $87.00Low
9/23/2022Credit Suisse GroupInitiated CoverageNeutral$75.00Low
9/1/2022CitigroupInitiated CoverageNeutral$73.00Low
7/18/2022Bank of AmericaDowngradeNeutral ➝ Underperform$75.00 ➝ $64.00Low
5/6/2022BTIG ResearchLower Target$115.00 ➝ $95.00Medium
5/6/2022JPMorgan Chase & Co.Lower Target$75.00 ➝ $70.00Medium
5/6/2022Robert W. BairdLower Target$105.00 ➝ $95.00Medium
4/20/2022JMP SecuritiesLower TargetMarket Outperform$145.00 ➝ $112.00High
2/11/2022BTIG ResearchLower Target$125.00 ➝ $115.00High
2/11/2022Robert W. BairdLower Target$132.00 ➝ $105.00High
2/11/2022JMP SecuritiesLower TargetMarket Outperform$163.00 ➝ $145.00High
2/11/2022Piper SandlerLower TargetOverweight$130.00 ➝ $112.00High
2/1/2022CitigroupInitiated CoverageHold$92.00Low
2/1/2022BMO Capital MarketsInitiated CoverageMarket Perform$92.00Low
1/28/2022BTIG ResearchLower TargetBuy$150.00 ➝ $125.00High
1/12/2022Piper SandlerLower TargetOverweight$155.00 ➝ $130.00High
11/5/2021BTIG ResearchReiterated RatingBuy$149.00Low
11/5/2021Piper SandlerLower TargetOverweight$158.00 ➝ $155.00High
11/5/2021OppenheimerBoost TargetOutperform$130.00 ➝ $140.00High
5/7/2021BTIG ResearchLower TargetBuy$160.00 ➝ $150.00Medium
5/7/2021OppenheimerLower TargetPositive ➝ Outperform$160.00 ➝ $130.00High
4/23/2021Bank of AmericaInitiated CoverageNeutral$120.00High
3/4/2021Berenberg BankInitiated CoverageBuy$150.00High
2/16/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$80.00 ➝ $137.00Low
2/12/2021KeyCorpBoost TargetOverweight$145.00 ➝ $155.00Low
2/12/2021Piper SandlerBoost TargetOverweight$138.00 ➝ $158.00Low
2/12/2021OppenheimerBoost TargetPositive ➝ Outperform$140.00 ➝ $160.00Low
2/2/2021KeyCorpBoost TargetOverweight$115.00 ➝ $145.00Low
2/2/2021JMP SecuritiesBoost TargetOutperform$115.00 ➝ $163.00Low
1/11/2021Piper SandlerBoost Target$115.00 ➝ $138.00Medium
12/2/2020BTIG ResearchBoost TargetBuy$120.00 ➝ $132.00Low
11/23/2020Robert W. BairdBoost TargetOutperform$115.00 ➝ $125.00Low
11/18/2020BTIG ResearchBoost TargetBuy$110.00 ➝ $120.00Low
11/18/2020OppenheimerBoost TargetOutperform$110.00 ➝ $115.00Low
10/30/2020OppenheimerBoost Target$95.00 ➝ $110.00Low
10/30/2020KeyCorpBoost TargetOverweight$100.00 ➝ $115.00High
10/30/2020Piper SandlerBoost TargetOverweight$95.00 ➝ $115.00High
10/5/2020BTIG ResearchInitiated CoverageBuy$107.00Medium
8/11/2020OppenheimerInitiated CoverageBuy$95.00Low
8/10/2020Truist FinancialBoost TargetHold$64.00 ➝ $80.00High
8/7/2020Piper SandlerBoost TargetOverweight$78.00 ➝ $95.00High
7/20/2020JMP SecuritiesBoost TargetMarket Perform$62.00 ➝ $95.00High
7/1/2020KeyCorpInitiated CoverageOverweight$95.00High
6/29/2020The Goldman Sachs GroupBoost Target$54.00 ➝ $71.00Medium
6/18/2020Robert W. BairdBoost TargetOutperform$70.00 ➝ $90.00High
5/28/2020Piper SandlerBoost TargetOverweight$69.00 ➝ $78.00High
5/14/2020OppenheimerBoost TargetOutperform$63.00 ➝ $70.00Low
5/1/2020OppenheimerReiterated RatingBuy$63.00Medium
3/31/2020Piper SandlerLower TargetOverweight$78.00 ➝ $65.00Low
3/17/2020OppenheimerLower TargetOutperform$79.00 ➝ $63.00High
2/14/2020Piper SandlerUpgradeNeutral ➝ Overweight$60.00 ➝ $78.00Medium
2/14/2020OppenheimerReiterated RatingBuy$79.00High
2/11/2020JMP SecuritiesBoost TargetOutperform ➝ Positive$60.00 ➝ $69.00Low
1/17/2020OppenheimerUpgradeMarket Perform ➝ Outperform$75.00High
11/25/2019Piper Sandler CompaniesInitiated CoverageNeutral$60.00Low
10/4/2019First AnalysisInitiated CoverageOutperform$55.00Low
8/2/2019KeyCorpBoost TargetOverweight$60.00 ➝ $62.00High
7/2/2019The Goldman Sachs GroupDowngradeBuy ➝ Sell$57.00 ➝ $41.00High
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.78 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/29/2023
  • 6 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/29/2023
  • 2 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/28/2023
  • 8 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/28/2023
  • 6 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/27/2024
  • 16 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
2/26/2024
  • 14 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/27/2024
  • 14 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/26/2024

Current Sentiment

  • 14 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
BlackLine logo
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company's also provides journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers blackline cash application, and credit and risk, collections, disputes and deductions, and team and task management, as well as AR intelligence solutions and electronic invoicing and compliance. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.
Read More

Today's Range

Now: $60.38
Low: $59.01
High: $60.38

50 Day Range

MA: $62.04
Low: $56.27
High: $68.65

52 Week Range

Now: $60.38
Low: $47.26
High: $69.31

Volume

115,948 shs

Average Volume

894,098 shs

Market Capitalization

$3.73 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.86

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: BMO Capital Markets, BTIG Research, Citigroup Inc., JMP Securities, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Robert W. Baird, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., William Blair, and Wolfe Research.
View the latest analyst ratings for BL.

What is the current price target for BlackLine?

10 Wall Street analysts have set twelve-month price targets for BlackLine in the last year. Their average twelve-month price target is $62.20, suggesting a possible upside of 5.6%. JMP Securities has the highest price target set, predicting BL will reach $81.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $52.00 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 sell ratings, 6 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BL, but not buy more shares or sell existing shares.
View the latest ratings for BL.

What other companies compete with BlackLine?

Other companies that are similar to BlackLine include BOX, JFrog, Teradata, ACI Worldwide and Clearwater Analytics. Learn More about companies similar to 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. Learn More about contacing BlackLine investor relations.