Blackline Stock Target Price and Analyst Consensus

BL Stock  USD 64.58  0.95  1.49%   
The current analyst and expert consensus on Blackline is Hold with 7 hold recommendations. The current projected Blackline target price consensus is 60.18 with 15 analyst opinions. One of the most common ways Blackline analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Blackline vendors, executives, and/or customers. Blackline recommendation module provides expert sentiment on the projected Blackline target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Blackline to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
Lowest Forecast
54.76
Highest Forecast
66.8
Target Price
60.18
At this time, Blackline's Gross Profit is quite stable compared to the past year. Pretax Profit Margin is expected to rise to 0.11 this year, although the value of Operating Profit Margin will most likely fall to (0.01). At this time, Blackline's Total Current Assets are quite stable compared to the past year. Short Term Debt is expected to rise to about 266.8 M this year, although the value of Retained Earnings will most likely fall to (225.5 M).
  
It's important to approach Blackline's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Blackline Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Blackline target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Blackline's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   15  Hold
Most Blackline analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Blackline stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Blackline, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Blackline Target Price Projection

Blackline's current and average target prices are 64.58 and 60.18, respectively. The current price of Blackline is the price at which Blackline is currently trading. On the other hand, Blackline's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Blackline Market Quote on 28th of March 2024

Low Price63.64Odds
High Price65.25Odds

64.58

Target Price

Analyst Consensus On Blackline Target Price

Low Estimate54.76Odds
High Estimate66.8Odds

60.18

Historical Lowest Forecast  54.76 Target Price  60.18 Highest Forecast  66.8
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Blackline and the information provided on this page.

Blackline Analyst Ratings

Blackline's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Blackline stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Blackline's financials, market performance, and future outlook by experienced professionals. Blackline's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Blackline price targets

Blackline's stock target price is an estimate of its future price, usually made by analysts. Using Blackline's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Blackline's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Blackline's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Blackline Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Blackline is a key component of Blackline valuation and have some predictive power on the future returns of a Blackline.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackline's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
61.8864.5967.30
Details
Intrinsic
Valuation
LowRealHigh
58.7561.4671.04
Details
Naive
Forecast
LowNextHigh
55.0457.7560.46
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.460.470.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blackline. Your research has to be compared to or analyzed against Blackline's peers to derive any actionable benefits. When done correctly, Blackline's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Blackline.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cleaning Idea
Cleaning
Invested over 100 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested over 200 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Business Services Idea
Business Services
Invested few shares
When determining whether Blackline is a strong investment it is important to analyze Blackline's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blackline's future performance. For an informed investment choice regarding Blackline Stock, refer to the following important reports:
Check out Macroaxis Advice on Blackline to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Blackline Stock analysis

When running Blackline's price analysis, check to measure Blackline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Fundamental Analysis
View fundamental data based on most recent published financial statements
Transaction History
View history of all your transactions and understand their impact on performance
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
The data published in Blackline's official financial statements usually reflect Blackline's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Blackline. For example, before you start analyzing numbers published by Blackline accountants, it's critical to develop an understanding of what Blackline's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Blackline's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Blackline's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Blackline's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Blackline. Please utilize our Beneish M Score to check the likelihood of Blackline's management manipulating its earnings.