Investment Analysts’ Recent Ratings Updates for BlackLine (BL)

A number of firms have modified their ratings and price targets on shares of BlackLine (NASDAQ: BL) recently:

• 5/17/2026 – BlackLine was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 5/12/2026 – BlackLine is now covered by Bank of America Corporation. They set an “underperform” rating and a $26.00 price target on the stock.
• 5/9/2026 – BlackLine was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 5/7/2026 – BlackLine had its price target lowered by Truist Financial Corporation from $50.00 to $32.00. They now have a “hold” rating on the stock.
• 5/7/2026 – BlackLine had its price target lowered by Citigroup Inc. from $60.00 to $53.00. They now have a “buy” rating on the stock.
• 5/6/2026 – BlackLine had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $50.00 price target on the stock.
• 5/6/2026 – BlackLine had its price target lowered by DA Davidson from $45.00 to $35.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – BlackLine was given a new $40.00 price target by Robert W. Baird.
• 5/6/2026 – BlackLine had its price target lowered by Rosenblatt Securities from $46.00 to $45.00. They now have a “buy” rating on the stock.
• 5/6/2026 – BlackLine had its price target raised by Piper Sandler from $35.00 to $37.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – BlackLine had its price target raised by BMO Capital Markets from $34.00 to $36.00. They now have a “market perform” rating on the stock.
• 4/30/2026 – BlackLine had its price target lowered by Morgan Stanley from $68.00 to $50.00. They now have an “overweight” rating on the stock.
• 4/28/2026 – BlackLine had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $70.00 price target on the stock.
• 4/14/2026 – BlackLine had its price target lowered by Piper Sandler from $50.00 to $35.00. They now have a “neutral” rating on the stock.

BlackLine, Inc is a leading provider of cloud-based software solutions designed to automate and modernize the finance and accounting function. The company’s flagship offering, the BlackLine Finance Controls and Automation Platform, enables organizations to streamline critical processes such as account reconciliations, journal entry management, intercompany accounting, and transaction matching. By delivering a centralized, real-time view of financial data, BlackLine helps companies improve operational efficiency, enhance compliance and strengthen internal controls.

Key products and services within the BlackLine platform include Account Reconciliation, Task Management, Transaction Matching, Journal Entry, and Intercompany Hub.