
BlackLine (BL) Stock Forecast & Price Target
BlackLine (BL) Analyst Ratings
Bulls say
BlackLine Inc demonstrates a strong growth trajectory, with all surveyed customers indicating a 100% increase in spending, a notable improvement from the 86% reported previously. The recent introduction of their AI capabilities, Verity and Vera, is expected to facilitate a shift to a consumption-based platform pricing model, enhancing revenue potential. Additionally, CFO Patrick Villanova has reiterated ambitious financial targets, including a projected 13%-16% revenue growth and a gross margin of approximately 85%, positioning BlackLine favorably within a sizable $45 billion market opportunity.
Bears say
BlackLine Inc. faces potential delays in the development of its Intercompany Hub offering, which may hinder revenue growth expectations among investors. The company has a history of experiencing disruptions and outages, attributed to various factors such as infrastructure changes and capacity constraints, which could undermine customer confidence and operational continuity. Additionally, the presence of competitors in the financial accounting SaaS space poses a significant challenge, potentially limiting BlackLine's market share expansion.
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