5 Most Undervalued Cloud Stocks to Buy According to Analysts

In this article, we will list the 5 most undervalued cloud stocks to buy according to analysts. Please visit the 8 most undervalued cloud stocks to buy according to analysts, if you’d like to see an extended list and how we came up with the list of most undervalued cloud stocks to buy according to analysts.

5. BlackLine, Inc. (NASDAQ:BL)

BlackLine, Inc. (NASDAQ:BL) earns a place in our list of the 8 most undervalued cloud stocks to buy according to analysts.

As of March 20, 2026, roughly 44% of analysts covering BlackLine, Inc. (NASDAQ:BL) remain bullish, while 50% of them remain cautious. Despite the divided sentiment, the consensus price target of $50 implies a 28.29% upside. However, the company’s agentic AI plans are expected to drive analyst confidence upward.

On March 18, 2026, BMO Capital reduced its price target for BlackLine, Inc. (NASDAQ:BL) from $52 to $44 and maintained a “Market Perform” rating on the shares following the company’s investor presentation, which shed light on its AI and agentic product plan. The analyst tells investors in a research note that BlackLine is well-positioned to offer specialized agentic tools today and fully automated agentic processes in the future. BMO stated that the company has some agents in production, and more are under development, with the impact expected to become more visible as the year progresses.

BlackLine, Inc. (NASDAQ:BL) announced a $100 million increase to its share repurchase program on March 13, 2026, bringing the total to $500 million. The company has so far repurchased 5.3 million shares valued at $270.1 million.

BlackLine, Inc. (NASDAQ:BL) offers a cloud-based software platform that automates and manages financial closing and accounting procedures. It operates through the United States and International segments. Founded by Therese Tucker in May 2001, the company is headquartered in Woodland Hills, CA.