Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
BlackLine Inc has a consensus price target of $65.62 based on the ratings of 16 analysts. The high is $140 issued by Oppenheimer on November 5, 2021. The low is $45 issued by Truist Securities on August 7, 2024. The 3 most-recent analyst ratings were released by BTIG, JP Morgan, and Baird on August 7, 2024, respectively. With an average price target of $59 between BTIG, JP Morgan, and Baird, there's an implied 13.46% upside for BlackLine Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for BlackLine (NASDAQ:BL) was reported by BTIG on August 7, 2024. The analyst firm set a price target for $65.00 expecting BL to rise to within 12 months (a possible 25.00% upside). 27 analyst firms have reported ratings in the last year.
The latest analyst rating for BlackLine (NASDAQ:BL) was provided by BTIG, and BlackLine maintained their buy rating.
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.
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.
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 August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.
While ratings are subjective and will change, the latest BlackLine (BL) rating was a maintained with a price target of $71.00 to $65.00. The current price BlackLine (BL) is trading at is $52.00, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.