JMP Securities maintains a "Market Outperform" rating on BlackLine (BL) with a $80 price target, despite several analysts adjusting their ratings and targets in recent months. The average analyst target price is $61.58, with a high estimate of $80 and a low estimate of $48. The average brokerage recommendation is 2.5, indicating "Outperform" status. GF Value estimates a one-year value of $75.54, suggesting a 40.78% upside from the current price.
In the past three months, seven analysts have released ratings for BlackLine (BL), reflecting a diverse range of opinions from bullish to bearish. The recent ratings indicate a mixed sentiment, with analysts adjusting their recommendations and price targets in response to BlackLine's performance and strategic initiatives.
JMP Securities maintains a "Market Outperform" rating on BlackLine with a $80 price target, despite several analysts adjusting their ratings and targets in recent months. The average analyst target price is $61.58, with a high estimate of $80 and a low estimate of $48. The average brokerage recommendation is 2.5, indicating "Outperform" status. GF Value estimates a one-year value of $75.54, suggesting a 40.78% upside from the current price.
Truist Securities has maintained its Hold rating and $50.00 price target on BlackLine, noting the company's strategic initiatives and positive momentum but expressing caution about the long-term growth potential. BMO Capital raised its price target to $63 from $60, while Goldman Sachs adjusted its target to $48 from $45. DA Davidson and Cantor Fitzgerald also maintained Neutral ratings with price targets of $56 and $58, respectively, highlighting the potential of BlackLine's new Verity AI within its Studio 360 platform.
BlackLine's market capitalization faces constraints, but the company's revenue growth rate of 7.18% as of 30 June, 2025, and strong net margin of 4.82% indicate positive financial health. Analysts' evaluations provide valuable insights into BlackLine's market performance, reflecting their response to recent developments and strategic initiatives.
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