Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, BlackLine, Inc. (BL) has a Wall Street consensus price target of $53.25, based on estimates from 25 covering analysts. With the stock currently trading at $35.25, this represents a potential upside of +51.1%. The company has a market capitalization of $2.21B.
Analyst price targets range from a low of $45.00 to a high of $68.00, representing a 43% spread in expectations. The median target of $50.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Hold, with 11 analysts rating the stock as a Buy or Strong Buy,12 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, BL trades at a trailing P/E of 24.3x and forward P/E of 14.7x. Analysts expect EPS to grow +601.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $38.57, with bear and bull scenarios of $-247.08 and $43.15 respectively. Model confidence stands at 62/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus Wall Street price target for BL is $53.25, representing 51.1% upside from the current price of $35.25. With 25 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
BL has a consensus rating of "Hold" based on 25 Wall Street analysts. The rating breakdown is mixed, with 12 Hold ratings making up the largest segment. The consensus 12-month price target of $53.25 implies 51.1% upside from current levels.
With a forward P/E of 14.6808x, BL trades at a relatively low valuation. The consensus target of $53.25 implies 51.1% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $68 for BL, while the most conservative target is $45. The consensus of $53.25 represents the median expectation. Our quantitative valuation model projects a bull case target of $43 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
BL is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 11 have Buy ratings, 12 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month BL stock forecast based on 25 Wall Street analysts shows a consensus price target of $53.25, with estimates ranging from $45 (bear case) to $68 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $39, with bear/bull scenarios of $-247/$43.
Our quantitative valuation model calculates BL's fair value at $39 (base case), with a bear case of $-247 and bull case of $43. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 62/100.
BL trades at a forward P/E ratio of 14.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 24.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on BL, with a "Hold" consensus rating and $53.25 price target (51.1% upside). 11 of 25 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
BL analyst price targets range from $45 to $68, a 43% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $53.25 consensus represents the middle ground. Our model's $-247-$43 range provides an independent fundamental perspective.