
BlackLine (BL) Stock Forecast & Price Target
BlackLine (BL) Analyst Ratings
Bulls say
BlackLine Inc has demonstrated strong customer engagement, with all surveyed customers indicating a 100% increase in spending compared to 86% the previous year, signaling robust demand for its services. The company's unveiling of Verity, an AI-driven suite integrated into the Studio260 platform, positions BlackLine to enhance its offerings and adopt a consumption-based pricing model, which is anticipated to boost revenues significantly. Furthermore, BlackLine's CFO outlined ambitious financial targets, projecting revenue growth of 13%-16%, a gross margin of approximately 85%, and an operating margin of 26%-30%, underscoring a solid financial foundation for future growth.
Bears say
BlackLine Inc faces a potentially prolonged development timeframe for its Intercompany Hub offering, which may not align with investor expectations regarding market growth and revenue generation. Additionally, the company has a history of experiencing disruptions and outages that could negatively impact service reliability and customer trust, stemming from various issues such as infrastructure changes and security incidents. These factors contribute to a challenging competitive landscape, raising concerns about BlackLine's operational resilience and future financial performance.
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