BL stock icon

BlackLine
BL

$44.89
1.88%
 

About: BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their financial close process including account reconciliations, variance analysis of account balances, journal entry capabilities, and certain types of data matching capabilities. The majority of the revenue of the company is earned in the United States.

Employees: 1,750

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 15 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

874% more call options, than puts

Call options by funds: $134M | Put options by funds: $13.8M

12% more capital invested

Capital invested by funds: $3.56B [Q4 2023] → $4.01B (+$442M) [Q1 2024]

7.7% more ownership

Funds ownership: 93.16% [Q4 2023] → 100.86% (+7.7%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]

5% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 104

5% less funds holding

Funds holding: 312 [Q4 2023] → 295 (-17) [Q1 2024]

25% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 68

Research analyst outlook

15 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$52
16%
upside
Avg. target
$63
41%
upside
High target
$81
80%
upside

15 analyst ratings

positive
27%
neutral
40%
negative
33%
BMO Capital
Daniel Jester
49%upside
$67
Market Perform
Maintained
8 May 2024
Baird
Rob Oliver
60%upside
$72
Outperform
Maintained
8 May 2024
Citigroup
Steven Enders
40%upside
$63
Neutral
Maintained
23 Apr 2024
Piper Sandler
Brent Bracelin
38%upside
$62
Neutral
Upgraded
23 Apr 2024
Citigroup
Steven Enders
47%upside
$66
Neutral
Maintained
27 Mar 2024

Financial journalist opinion

Based on 5 articles about BL published over the past 30 days