BlackLine, Inc. (BL) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$31.17
Price Target
$46.00
Target Range
$35.00 — $50.00
Analyst Rating
Hold
Forward P/E13.0x
Trailing P/E79.9x
Forward PEG—
Implied Growth+532.0%
Median Target$50.00
Analyst Spread32.6%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$35
+12.3%
Consensus
$46
+47.6%
Bull Case
$50
+60.4%
BL Price Target Analysis
Updated May 8, 2026As of May 8, 2026, BlackLine, Inc. (BL) has a Wall Street consensus price target of $46.00, based on estimates from 25 covering analysts. With the stock currently trading at $31.17, this represents a potential upside of +47.6%. The company has a market capitalization of $1.86B.
Analyst price targets range from a low of $35.00 to a high of $50.00, representing a 33% 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 79.9x and forward P/E of 13.0x. Analysts expect EPS to grow +532.0% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+54.7%
Avg Forward P/E19.2x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 APPFAppFolio, Inc. | $6.1B | $170.08 | $236.67 | +39.2% | Buy | 25.0x | 13 |
 FRSHFreshworks Inc. | $2.5B | $9.03 | $11.43 | +26.6% | Buy | 15.9x | 18 |
 PCTYPaylocity Holding Corporation | $5.9B | $109.12 | $168.08 | +54.0% | Buy | 14.0x | 41 |
 COURCoursera, Inc. | $1.1B | $6.27 | $7.79 | +24.2% | Buy | 15.2x | 17 |
 WDAYWorkday, Inc. | $34.5B | $130.88 | $197.90 | +51.2% | Buy | 12.5x | 80 |
 INTUIntuit Inc. | $113.5B | $406.78 | $666.75 | +63.9% | Buy | 17.5x | 43 |
 CSGPCoStar Group, Inc. | $14.8B | $34.98 | $61.91 | +77.0% | Buy | 25.8x | 25 |
 ORCLOracle Corporation | $559.3B | $194.53 | $257.19 | +32.2% | Buy | 26.0x | 86 |
 SAPSAP SE | $203.6B | $174.71 | $391.67 | +124.2% | Buy | 23.8x | 43 |
 CRMSalesforce, Inc. | $179.2B | $186.26 | $287.00 | +54.1% | Buy | 15.8x | 97 |
Upside Potential Comparison
SAPCSGPINTUCRMPCTYWDAYAPPFORCLSee BL's True Return
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Start ComparisonBL — Frequently Asked Questions
Quick answers to the most common questions about buying BL stock.
What is the BL stock price target for 2026?
The consensus Wall Street price target for BL is $46, representing 47.6% upside from the current price of $31.17. With 25 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is BL a buy, sell, or hold?
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 $46 implies 47.6% upside from current levels.
Is BL stock overvalued or undervalued?
With a forward P/E of 12.954x, BL trades at a relatively low valuation. The consensus target of $46 implies 47.6% appreciation, suggesting meaningful undervaluation.
How high can BL stock go?
The most bullish Wall Street analyst has a price target of $50 for BL, while the most conservative target is $35. The consensus of $46 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover BL stock?
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.
What is the BL stock forecast?
The 12-month BL stock forecast based on 25 Wall Street analysts shows a consensus price target of $46, with estimates ranging from $35 (bear case) to $50 (bull case). The median consensus rating is "Hold".
What is BL's forward P/E ratio?
BL trades at a forward P/E ratio of 13.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 79.9x. 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.
Should I buy BL stock?
Wall Street analysts are very optimistic on BL, with a "Hold" consensus rating and $46 price target (47.6% 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.
Why do BL price targets vary so much?
BL analyst price targets range from $35 to $50, a 33% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $46 consensus represents the middle ground.