Stocklytics Platform
Asset logo for symbol BL
Blackline
BL55
$54.12arrow_drop_down0.16%-$0.09
Asset logo for symbol BL
BL55

$54.12

arrow_drop_down0.16%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Blackline (BL) Stocklytics Forecast

Blackline Inc (BL) is a technology company that provides cloud-based financial software solutions. With its innovative platform, Blackline helps companies automate their financial close processes, improve accuracy, and reduce risk. The company's stock price has shown strong performance in recent years, and many investors are interested in its future outlook. Analysts and AI models have been providing price predictions and forecasts for BL stock to help investors make informed decisions.
According to various analysts, the stock price of Blackline Inc is expected to continue its upward trajectory in the coming years. With the increasing adoption of cloud-based financial software solutions, there is a growing demand for Blackline's services. This trend is expected to drive the company's revenue and ultimately its stock price. Analysts also consider Blackline's strong financial performance and its ability to consistently meet or exceed market expectations as positive indicators for future growth.
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Frequently Asked Questions

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What is the analyst price prediction for Blackline (BL) stock?

Analysts have set a target price of $63.48 for Blackline (BL), based on forecasts from 29 analysts. The predicted price range extends from a high of $87 to a low of $47. This represents a potential increase of up to 60.75% and a decrease of -13.16% from the current price of $54.12. These forecasts are as of 2022 Oct 20.
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What are the analyst ratings for Blackline (BL) stock?

The analyst ratings for Blackline (BL) are distributed as follows: 6 analysts recommend buying, 7 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 14 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering Blackline .
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What is the AI price prediction for Blackline (BL) stock?

At present, there is no AI or machine-learning-based price prediction available for Blackline (BL) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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