BlackLine
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 critical processes, including financial close & consolidation, intercompany accounting, and invoice-to-cash. The majority of the revenue of the company is earned in the United States.
Employees: 1,830
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
942% more call options, than puts
Call options by funds: $145M | Put options by funds: $13.9M
47% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 38
40% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 7 (+2) [Q4]
17% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 93
14% more capital invested
Capital invested by funds: $3.42B [Q3] → $3.9B (+$475M) [Q4]
4% more funds holding
Funds holding: 288 [Q3] → 300 (+12) [Q4]
2.57% more ownership
Funds ownership: 99.76% [Q3] → 102.34% (+2.57%) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Steven Enders 50% 1-year accuracy 14 / 28 met price target | 40%upside $70 | Buy Maintained | 12 Feb 2025 |
Truist Securities Terry Tillman 38% 1-year accuracy 17 / 45 met price target | 10%upside $55 | Hold Maintained | 12 Feb 2025 |
BMO Capital Daniel Jester 37% 1-year accuracy 10 / 27 met price target | 20%upside $60 | Market Perform Maintained | 12 Feb 2025 |
Piper Sandler Brent Bracelin 32% 1-year accuracy 36 / 114 met price target | 16%upside $58 | Underweight Maintained | 12 Feb 2025 |
B of A Securities Koji Ikeda 57% 1-year accuracy 13 / 23 met price target | 50%upside $75 | Buy Upgraded | 30 Jan 2025 |
Financial journalist opinion
Based on 6 articles about BL published over the past 30 days









