$60.63
0.93% yesterday
Nasdaq, Dec 30, 08:44 pm CET
ISIN
US09239B1098
Symbol
BL

BlackLine Target price 2024 - Analyst rating & recommendation

BlackLine Classifications & Recommendation:

Buy
21%
Hold
57%
Sell
21%

BlackLine Price Target

Target Price $65.70
Price $60.37
Potential
Number of Estimates 10
10 Analysts have issued a price target BlackLine 2025 . The average BlackLine target price is $65.70. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 14 analysts: 3 Analysts recommend BlackLine to buy, 8 to hold and 3 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the BlackLine stock has an average upside potential 2025 of . Most analysts recommend the BlackLine stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 590.00 651.97
12.82% 10.50%
EBITDA Margin 18.47% 25.12%
307.38% 36.02%
Net Margin 7.73% 14.02%
232.05% 81.47%

13 Analysts have issued a sales forecast BlackLine 2024 . The average BlackLine sales estimate is

$652m
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. This is
1.93% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$652m 2.01%
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, the lowest is
$651m 1.78%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $590m 12.82%
2024
$652m 10.50%
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2025
$711m 9.04%
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2026
$786m 10.54%
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8 Analysts have issued an BlackLine EBITDA forecast 2024. The average BlackLine EBITDA estimate is

$164m
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. This is
104.25% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$181m 125.44%
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, the lowest is
$142m 77.66%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $109m 333.97%
2024
$164m 50.30%
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2025
$182m 11.08%
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2026
$214m 17.79%
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EBITDA Margin

2023 18.47% 307.38%
2024
25.12% 36.02%
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2025
25.59% 1.87%
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2026
27.27% 6.57%
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5 BlackLine Analysts have issued a net profit forecast 2024. The average BlackLine net profit estimate is

$91.4m
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. This is
15.86% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$119m 9.20%
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, the lowest is
$59.9m 44.83%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $45.6m 248.98%
2024
$91.4m 100.54%
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2025
$50.2m 45.08%
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2026
$65.4m 30.18%
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Net Margin

2023 7.73% 232.05%
2024
14.02% 81.47%
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2025
7.06% 49.64%
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2026
8.32% 17.85%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.73 1.46
248.98% 100.00%
P/E 41.80
EV/Sales 6.02

5 Analysts have issued a BlackLine forecast for earnings per share. The average BlackLine <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.46
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. This is
16.09% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.90 9.20%
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, the lowest is
$0.96 44.83%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.73 248.98%
2024
$1.46 100.00%
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2025
$0.80 45.21%
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2026
$1.05 31.25%
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P/E ratio

Current 35.10 69.57%
2024
41.80 19.09%
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2025
76.12 82.11%
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2026
58.48 23.17%
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Based on analysts' sales estimates for 2024, the BlackLine stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 6.14 15.89%
2024
6.02 1.95%
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2025
5.52 8.29%
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2026
4.99 9.53%
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P/S ratio

Current 5.98 12.33%
2024
5.87 1.90%
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2025
5.38 8.29%
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2026
4.87 9.53%
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