$57.24
-0.61[-1.05%]
At close: Apr 19
$57.24
0[0.00%]
After Hours: 4:01PM EDT
BlackLine
(NASDAQ:BL)BlackLine Stock (NASDAQ:BL), Analyst Ratings, Price Targets, Predictions
BlackLine Inc has a consensus price target of $64.94, established from looking at the 55 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Wolfe Research, and Baird on March 27, 2024, March 18, 2024, and February 14, 2024. With an average price target of $42.33 between Citigroup, Wolfe Research, and Baird, there's an implied -26.04% downside for BlackLine Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
Wolfe Research
Baird
JP Morgan
JMP Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for BlackLine
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/27/2024 | BL | Buy Now | BlackLine | $57.24 | 15.3% | Citigroup | Steven Enders | $57 → $66 | Maintains | Neutral | Get Alert |
| 03/18/2024 | BL | Buy Now | BlackLine | $57.24 | — | Wolfe Research | Ryan Krieger | — | Initiates | → Peer Perform | Get Alert |
| 02/14/2024 | BL | Buy Now | BlackLine | $57.24 | 6.57% | Baird | Rob Oliver | $65 → $61 | Maintains | Outperform | Get Alert |
| 02/14/2024 | BL | Buy Now | BlackLine | $57.24 | -9.15% | JP Morgan | Pinjalim Bora | $55 → $52 | Maintains | Underweight | Get Alert |
| 02/14/2024 | BL | Buy Now | BlackLine | $57.24 | 41.51% | JMP Securities | Patrick Walravens | → $81 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 02/14/2024 | BL | Buy Now | BlackLine | $57.24 | -0.42% | Citigroup | Steven Enders | $60 → $57 | Maintains | Neutral | Get Alert |
| 02/14/2024 | BL | Buy Now | BlackLine | $57.24 | — | William Blair | Matthew Pfau | — | Downgrade | Outperform → Market Perform | Get Alert |
| 02/14/2024 | BL | Buy Now | BlackLine | $57.24 | -3.91% | Piper Sandler | Brent Bracelin | $60 → $55 | Maintains | Underweight | Get Alert |
| 02/13/2024 | BL | Buy Now | BlackLine | $57.24 | 41.51% | JP Morgan | Pinjalim Bora | $81 → $81 | Maintains | Market Perform | Get Alert |
| 01/24/2024 | BL | Buy Now | BlackLine | $57.24 | -5.66% | Goldman Sachs | Adam Hotchkiss | $49 → $54 | Maintains | Sell | Get Alert |
| 01/23/2024 | BL | Buy Now | BlackLine | $57.24 | -5.66% | Goldman Sachs | Adam Hotchkiss | $49 → $54 | Maintains | Sell | Get Alert |
| 01/04/2024 | BL | Buy Now | BlackLine | $57.24 | 13.56% | Baird | Rob Oliver | $68 → $65 | Maintains | Outperform | Get Alert |
| 01/02/2024 | BL | Buy Now | BlackLine | $57.24 | 4.82% | Piper Sandler | Brent Bracelin | $53 → $60 | Downgrade | Neutral → Underweight | Get Alert |
| 12/18/2023 | BL | Buy Now | BlackLine | $57.24 | 41.51% | JMP Securities | Patrick Walravens | → $81 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 11/03/2023 | BL | Buy Now | BlackLine | $57.24 | -7.41% | Piper Sandler | Brent Bracelin | → $53 | Reiterates | Neutral → Neutral | Get Alert |
| 09/19/2023 | BL | Buy Now | BlackLine | $57.24 | 4.82% | Truist Securities | Joe Meares | → $60 | Reiterates | Hold → Hold | Get Alert |
| 09/18/2023 | BL | Buy Now | BlackLine | $57.24 | 3.07% | Citigroup | Steven Enders | $57 → $59 | Maintains | Neutral | Get Alert |
| 08/10/2023 | BL | Buy Now | BlackLine | $57.24 | -0.42% | Citigroup | Steven Enders | $63 → $57 | Maintains | Neutral | Get Alert |
| 08/09/2023 | BL | Buy Now | BlackLine | $57.24 | 41.51% | JMP Securities | Patrick Walravens | $87 → $81 | Maintains | Market Outperform | Get Alert |
FAQ
What is the target price for BlackLine (BL)?
The latest price target for BlackLine (NASDAQ: BL) was reported by Citigroup on March 27, 2024. The analyst firm set a price target for $66.00 expecting BL to rise to within 12 months (a possible 15.30% upside). 27 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for BlackLine (BL)?
The latest analyst rating for BlackLine (NASDAQ: BL) was provided by Citigroup, and BlackLine maintained their neutral rating.
When was the last upgrade for BlackLine (BL)?
The last upgrade for BlackLine Inc happened on May 8, 2023 when Citigroup raised their price target to $56. Citigroup previously had a sell for BlackLine Inc.
When was the last downgrade for BlackLine (BL)?
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.
When is the next analyst rating going to be posted or updated for BlackLine (BL)?
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 March 27, 2024 so you should expect the next rating to be made available sometime around March 27, 2025.
Is the Analyst Rating BlackLine (BL) correct?
While ratings are subjective and will change, the latest BlackLine (BL) rating was a maintained with a price target of $57.00 to $66.00. The current price BlackLine (BL) is trading at is $57.24, which is within the analyst’s predicted range.
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