
BlackLine (BL) Stock Forecast & Price Target
BlackLine (BL) Analyst Ratings
Bulls say
BlackLine Inc. has demonstrated a strong momentum in customer spending, with all seven surveyed clients indicating a 100% increase in their investment, compared to 86% the previous year. The company has introduced significant AI-driven enhancements through its Verity suite, which may facilitate a transition to a more lucrative consumption-based pricing model, providing further revenue growth potential. Additionally, BlackLine's financial targets, including a projected revenue growth of 13%-16% and a gross margin of approximately 85%, coupled with a favorable leadership team and a large addressable market, reinforce a positive outlook for the company's stock performance.
Bears say
BlackLine Inc. faces a negative outlook primarily due to the potentially prolonged timeline for the development of its Intercompany Hub offering, which may not meet investor expectations in the anticipated timeframe. Additionally, the company has a history of experiencing disruptions and outages that could continue to affect service reliability, stemming from various causes including infrastructure changes, increased user demand, and security-related incidents. These factors could hinder the company’s growth prospects and affect investor confidence in its SaaS offerings in the competitive financial solutions market.
This aggregate rating is based on analysts' research of BlackLine and is not a guaranteed prediction by Public.com or investment advice.
BlackLine (BL) Analyst Forecast & Price Prediction
Start investing in BlackLine (BL)
Order type
Buy in
Order amount
Est. shares
0 shares