Published on 13 Mar 2024 on Simply Wall St. via Yahoo Finance
A Look At The Fair Value Of BlackLine, Inc. (NASDAQ:BL)
Key Insights
BlackLine's estimated fair value is US$63.81 based on 2 Stage Free Cash Flow to EquityBlackLine's US$68.65 share price indicates it is trading at similar levels as its fair value estimateOur fair value estimate is 6.1% higher than BlackLine's analyst price target of US$60.13
How far off is BlackLine, Inc. (NASDAQ:BL) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today's value. We will use the Discounted Cash Flow (DCF) model on this occasion. There's really not all that much to it, even though it might appear quite complex.