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
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
942% more call options, than puts
Call options by funds: $145M | Put options by funds: $13.9M
45% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 38
40% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 7 (+2) [Q4]
17% more capital invested
Capital invested by funds: $3.33B [Q3] → $3.89B (+$556M) [Q4]
16% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 93
5.21% more ownership
Funds ownership: 97.08% [Q3] → 102.29% (+5.21%) [Q4]
4% more funds holding
Funds holding: 288 [Q3] → 299 (+11) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
15%
downside
Avg. target
$54
15%
upside
High target
$70
48%
upside
7 analyst ratings
3 positive
43%
3 neutral
43%
1 negative
14%
Piper Sandler Brent Bracelin 41% 1-year accuracy 51 / 125 met price target | 3%downside $46 | Neutral Upgraded | 23 Apr 2025 |
Goldman Sachs Adam Hotchkiss 38% 1-year accuracy 9 / 24 met price target | 9%downside $43 | Sell Maintained | 17 Apr 2025 |
Morgan Stanley Chris Quintero 33% 1-year accuracy 2 / 6 met price target | 38%upside $65 | Overweight Maintained | 16 Apr 2025 |
DA Davidson William Jellison 60% 1-year accuracy 3 / 5 met price target | 16%upside $55 | Buy Maintained | 14 Apr 2025 |
Truist Securities Terry Tillman 42% 1-year accuracy 21 / 50 met price target | 15%downside $40 | Hold Maintained | 7 Apr 2025 |
Financial journalist opinion
Based on 3 articles about BL published over the past 30 days
Positive
Zacks Investment Research
1 day ago
BlackLine (BL) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
BlackLine (BL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
1 week ago
BlackLine Announces Date for First Quarter 2025 Earnings Release and Conference Call
LOS ANGELES, April 22, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the first quarter ended March 31, 2025 after market close on Tuesday, May 6, 2025 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast and replay will be accessible on BlackLine's investor relations website at https://investors.blackline.com/. To access the conference call by phone, please register here, and dial-in details will be provided. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
Neutral
GlobeNewsWire
3 weeks ago
BlackLine Recognized in Report on Top AI Use Cases for Accounts Receivable Automation in 2025
LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), has been recognized in the recently published Forrester Report: Top AI Use Cases for Accounts Receivable Automation in 2025 . The report highlights key areas where artificial intelligence is transforming the accounts receivable (AR) function, with BlackLine cited for its capabilities in three essential categories: Collection Management, Explainability and Transparency, and Model Bias and Inaccuracy.
Neutral
GlobeNewsWire
1 month ago
BlackLine Announces 2024 Partner Award Winners, Recognizing Excellence in Digital Finance Transformation
LOS ANGELES, March 13, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), the intelligent financial data platform that powers the modern Office of the CFO, has announced the winners of its 2024 Global and Regional Partner Awards, celebrating firms that have gone above and beyond in enabling organizations to achieve future-ready finance operations. This year's honorees are recognized for their deep expertise, strategic collaboration, and commitment to driving meaningful outcomes for joint customers.
Neutral
GlobeNewsWire
1 month ago
BlackLine Appoints New Member to Board of Directors in Collaboration with Scalar Gauge Fund
LOS ANGELES, March 10, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) (“BlackLine” or the “Company”) today announced that it has entered into a cooperation agreement (the “agreement”) with Scalar Gauge Fund (“Scalar Gauge”) to appoint a highly qualified and independent member to the Company's Board of Directors (the “Board”). In accordance with the agreement with Scalar Gauge, the Company will appoint Scott Davidson, no later than March 14, 2025.
Neutral
GlobeNewsWire
2 months ago
BlackLine Announces Participation in Upcoming Investor Conferences
LOS ANGELES, Feb. 25, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences:
Positive
Benzinga
2 months ago
Top 2 Tech Stocks You'll Regret Missing This Month
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Neutral
GlobeNewsWire
2 months ago
BlackLine Expands Bengaluru Operations to Drive Global Growth and Innovation
LOS ANGELES, Feb. 25, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), the intelligent financial data platform that powers the modern Office of the CFO, announced today the expansion of its presence in Bengaluru, India, reinforcing its commitment to global growth, operational scalability, and continuous, best-in-class customer support. Scaling to Meet Growing Demand Since establishing operations in Bengaluru in 2022, BlackLine has steadily expanded its teams in the region to meet increasing demand for its solutions.
Positive
Zacks Investment Research
2 months ago
EGHT vs. BL: Which Stock Is the Better Value Option?
Investors interested in stocks from the Internet - Software sector have probably already heard of 8x8 (EGHT) and BlackLine (BL). But which of these two stocks is more attractive to value investors?
Negative
Seeking Alpha
2 months ago
BlackLine: Worrying Growth Trends (Rating Downgrade)
BlackLine shares slid nearly 20% after the company reported disastrous Q4 results, showing continued deceleration in revenue growth while also suffering large slips in operating margin. The company's FY25 implies growth slowing further to a mere 7-8% range, well below the company's target goal of recovering growth to the mid-teens. BlackLine may be subject to vendor consolidation as its niche finance software faces sharp competition from broader platforms like SAP and Workday.
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