Analysts place USD 39.50 consensus target on BlackLine stock

Published on 10/17/2026 at 19:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 revenue rose 9.10 percent to USD 187.82 million. BlackLine stock closed at USD 29.80 on October 16, 2026, down 2.33 percent on Nasdaq.

Target and dates

On October 6, 2026, a 14-firm Hold consensus put BlackLine's target at USD 39.50.
Second-quarter 2026 revenue rose 9.10 percent to USD 187.82 million.
BlackLine stock closed at USD 29.80 on October 16, 2026, down 2.33 percent on Nasdaq.
BlackLine is expected to report third-quarter 2026 results on November 5, 2026.

BL, US09239B1098, Illustration mit AI erstellt.

Analysts place a USD 39.50 consensus target on BlackLine stock, which is 32.55 percent above the USD 29.80 Nasdaq closing price. MarketBeat reported the 14-firm Hold consensus on October 6, 2026, with five buy, six hold and three sell ratings.

BlackLine closed at USD 29.80 on Nasdaq on October 16, 2026, down 2.33 percent on the day. The next market question is whether the upcoming report can reinforce the growth profile behind the target.

Second-quarter growth reached 9.10 percent

In the second quarter of 2026, revenue rose 9.10 percent year over year to USD 187.82 million. Adjusted earnings per share reached USD 0.61, above the USD 0.57 consensus estimate, according to MarketBeat on October 6, 2026.

Price stays 50.00 percent below high

The Nasdaq price stood 50.00 percent below the 52-week high of USD 59.57 and 20.65 percent above the low of USD 24.70 on October 16, 2026. Trading volume was 525,068 shares against an average of 991,557, while the stock's year-to-date performance was minus 46.10 percent.

Valuation and November reporting date

BlackLine had a market capitalization of USD 1.7 billion and a trailing P/E ratio of 52.88 on October 16, 2026. The company does not pay a dividend. MarketBeat lists November 5, 2026, as the estimated reporting date for third-quarter 2026 results, with consensus revenue of USD 194.17 million and earnings per share of USD 0.63.

Comparison with peers

BlackLine (Nasdaq, USD): minus 2.33 percent, P/E 52.88, market capitalization USD 1.7 billion.

Blackbaud (Nasdaq, USD): plus 0.51 percent, P/E 16.14, market capitalization USD 2.3 billion.

UiPath (NYSE, USD): minus 6.27 percent, P/E 19.18, market capitalization USD 6.7 billion.

Price context for investors

BlackLine's 52.88 trailing multiple is higher than the two software peers listed above, while its market value is lower than both. The upcoming November report therefore provides the next dated checkpoint for revenue execution and earnings conversion.

BlackLine stock closed at USD 29.80 on Nasdaq on October 16, 2026, down 2.33 percent on the day. The price was 50.00 percent below the 52-week high of USD 59.57.