15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering Blackline Inc, 4 rate it Buy or better, 6 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 $45.45 sits 54% above the current $29.48. The rating mix has stayed broadly stable, with Buy-side ratings easing from 6 to 3 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.70 next quarter toward $2.78 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Moderate Buy
Strong Buy00%
Buy436%
Hold655%
Sell19%
Strong Sell00%
Based on 11 analysts giving stock ratings to Blackline Inc.
As of Sep, 3 of 10 firms rate BL a Buy (6 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
BL EPS & revenue forecast
EPS · NEXT QUARTER
$0.70
Range $0.67 – $0.73 · 12 analysts · +11% YoY
Next period, 12 analysts expect Blackline Inc to earn $0.70 a share (range $0.67 – $0.73), versus $0.63 a year earlier. Full-year consensus is $2.48, growing to $2.78 the year after.
REVENUE · NEXT QUARTER
$201.8M
Range $201.2M – $202.2M · 12 analysts · +10% YoY
Revenue is expected to reach $201.8M (range $201.2M – $202.2M), +10.2% year-over-year. Full-year consensus is $766.8M, rising to $847.1M 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 #452
Buy
$70.00+137.4% to target
Overall win rate
15%
+ Follow
#2
CQ
Chris Quintero
Morgan Stanley
Hold
$30.00+1.8% to target
Coverage
—
+ Follow
#3
Matthew Vanvliet
Cantor Fitzgerald
Hold
$36.00+22.1% to target
Coverage
—
+ Follow
#4
BF
Billy Fitzsimmons
Piper Sandler
Hold
$35.00+18.7% to target
Coverage
—
+ Follow
#5
LS
Lucky Schreiner
DA Davidson
Hold
$33.00+11.9% to target
Coverage
—
+ Follow
BL stock forecast FAQ
What is BL's average 12-month price target?+
The 11 analysts with a live target average $45.45 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 11 analyst ratings, 4 are Buy or Strong Buy, 6 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 11 active targets is $45.45.
How many Wall Street analysts cover BL?+
11 analysts have an active rating on Blackline Inc, and 11 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 #452). Their current call is Buy with a $70.00 target.
What is Blackline Inc's projected EPS for next quarter?+
The consensus estimate is $0.70 per share (range $0.67 – $0.73) across 12 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 $201.8M (range $201.2M – $202.2M). Full-year revenue is projected at $766.8M, growing to $847.1M next year.
Have analysts been upgrading or downgrading BL lately?+
As of Sep, 3 of 10 firms rate BL a Buy (6 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.
