15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering Blackline Inc, 5 rate it Buy or better, 7 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $26.00 to $80.00 (about 3.1x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $49.69 sits 55% above the current $31.96. Sentiment has cooled somewhat, with Sell ratings rising from 0 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.64 next quarter toward $2.78 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Moderate Buy
Strong Buy00%
Buy538%
Hold754%
Sell18%
Strong Sell00%
Based on 13 analysts giving stock ratings to Blackline Inc.
As of Jul, 4 of 12 firms rate BL a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
BL EPS & revenue forecast
EPS · NEXT QUARTER
$0.64
Range $0.61 – $0.66 · 13 analysts · +26% YoY
Next period, 13 analysts expect Blackline Inc to earn $0.64 a share (range $0.61 – $0.66), versus $0.51 a year earlier. Full-year consensus is $2.48, growing to $2.78 the year after.
REVENUE · NEXT QUARTER
$195.1M
Range $194.8M – $195.6M · 13 analysts · +9% YoY
Revenue is expected to reach $195.1M (range $194.8M – $195.6M), +9.5% year-over-year. Full-year consensus is $766.8M, rising to $850.7M next year.
Top analysts covering Blackline Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on BL.
#1
Patrick Walravens
JMP Securities · Rank #378
Buy
$70.00+119.0% to target
Overall win rate
15%
+ Follow
#2
CQ
Chris Quintero
Morgan Stanley
Hold
$33.00+3.3% to target
Coverage
—
+ Follow
#3
Terry Tillman
Truist Securities
Hold
$32.00+0.1% to target
Coverage
—
+ Follow
#4
RS
Robert Simmons
Rosenblatt
Buy
$45.00+40.8% to target
Coverage
—
+ Follow
#5
Steven Enders
Citigroup
Buy
$53.00+65.8% to target
Coverage
—
+ Follow
BL stock forecast FAQ
What is BL's average 12-month price target?+
The 13 analysts with a live target average $49.69 for Blackline Inc over the next 12 months, ranging from a $80.00 high to a $26.00 low.
Is BL stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 13 analyst ratings, 5 are Buy or Strong Buy, 7 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for BL?+
The Street-high target is $80.00 (JMP Securities), and the Street-low is $26.00 (B of A Securities). The average of all 13 active targets is $49.69.
How many Wall Street analysts cover BL?+
13 analysts have an active rating on Blackline Inc, and 13 firms carry a live 12-month price target.
Who is the most accurate analyst covering BL?+
Among analysts who currently cover BL, Patrick Walravens of JMP Securities has the strongest overall Quantellect track record (Rank #378). Their current call is Buy with a $70.00 target.
What is Blackline Inc's projected EPS for next quarter?+
The consensus estimate is $0.64 per share (range $0.61 – $0.66) across 13 analysts. Full-year EPS is projected at $2.48, rising to $2.78 the following year.
How much revenue is Blackline Inc expected to report next quarter?+
Consensus revenue is $195.1M (range $194.8M – $195.6M). Full-year revenue is projected at $766.8M, growing to $850.7M next year.
Have analysts been upgrading or downgrading BL lately?+
As of Jul, 4 of 12 firms rate BL a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their BL calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
