BlackLine (BL) Stock Price, News & Analysis

Company Overview

BlackLine, Inc. is a leading provider of cloud-based software solutions designed to automate and modernize the finance and accounting function. The company’s flagship offering, the BlackLine Finance Controls and Automation Platform, enables organizations to streamline critical processes such as account reconciliations, journal entry management, intercompany accounting, and transaction matching. By delivering a centralized, real-time view of financial data, BlackLine helps companies improve operational efficiency, enhance compliance and strengthen internal controls.

Key products and services within the BlackLine platform include Account Reconciliation, Task Management, Transaction Matching, Journal Entry, and Intercompany Hub. These modules integrate natively with major enterprise resource planning (ERP) systems, allowing finance teams to automate manual workflows, reduce close cycle times and ensure audit readiness. Additional solutions for controls monitoring and variance analysis further support continuous improvement of financial reporting processes.

BlackLine was founded in 2001 by Therese Tucker, who recognized the need for more efficient, cloud-native accounting tools. Headquartered in Los Angeles, California, the company completed its initial public offering on the NASDAQ under the ticker symbol BL in October 2016. Over the years, BlackLine has expanded its global footprint, serving more than 2,600 customers across North America, Europe, Asia Pacific and other regions. The company maintains offices in key financial centers to support implementation, training and customer success initiatives.

The leadership team at BlackLine includes founder Therese Tucker, who helped shape the company’s vision and product strategy, and a seasoned executive management team responsible for driving innovation and growth. Under their stewardship, BlackLine continues to invest in research and development, strategic partnerships and targeted acquisitions to enhance its platform and meet the evolving needs of finance professionals worldwide.

Key Stats

• Today's Range: $52.49 to $54.22
• 50-Day Range: $48.00 to $57.78
• 52-Week Range: $40.82 to $66.25
• Volume: 485,683 shs
• Average Volume: 757,706 shs
• Market Capitalization: $3.26 billion
• P/E Ratio: 40.88
• Dividend Yield: N/A
• Price Target: $61.08
• Consensus Rating: Hold

BlackLine Stock Analysis - MarketRank™

BlackLine scored higher than 92% of companies evaluated by MarketBeat, and ranked 94th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

BlackLine has received a consensus rating of Hold. The company's average rating score is 2.15, and is based on 5 buy ratings, 5 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

BlackLine has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 23.33%

Earnings Growth

Earnings for BlackLine are expected to grow by 23.33% in the coming year, from $0.90 to $1.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BlackLine is 40.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of BlackLine is 40.92, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 416.86.

Price to Earnings Growth Ratio

BlackLine has a PEG Ratio of 8.92. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

BlackLine has a P/B Ratio of 7.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

12.29% of the float of BlackLine has been sold short.

Short Interest Ratio / Days to Cover

BlackLine has a short interest ratio ("days to cover") of 8.1.

Change versus previous month

Short interest in BlackLine has recently decreased by 2.19%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

BlackLine does not currently pay a dividend.

Dividend Growth

BlackLine does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.59

Percentage of Shares Shorted

12.29% of the float of BlackLine has been sold short.

Short Interest Ratio / Days to Cover

BlackLine has a short interest ratio ("days to cover") of 8.1.

Change versus previous month

Short interest in BlackLine has recently decreased by 2.19%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.47

News Sentiment

BlackLine has a news sentiment score of 1.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.88 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for BlackLine this week, compared to 10 articles on an average week.

Search Interest

Only 6 people have searched for BL on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, BlackLine insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,876.00 in company stock.

Percentage Held by Insiders

Only 8.60% of the stock of BlackLine is held by insiders.

Percentage Held by Institutions

95.13% of the stock of BlackLine is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BL Stock Analysis - Frequently Asked Questions

How have BL shares performed this year?

BlackLine's stock was trading at $60.76 at the beginning of the year. Since then, BL shares have decreased by 13.1% and is now trading at $52.7970.

How were BlackLine's earnings last quarter?

BlackLine (NASDAQ:BL) issued its quarterly earnings data on Tuesday, August, 5th. The technology company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.01. The company's revenue for the quarter was up 7.2% on a year-over-year basis.
Read the conference call transcript.

When did BlackLine IPO?

BlackLine (BL) raised $120 million in an IPO on Friday, October 28th 2016. The company issued 8,600,000 shares at $13.00-$15.00 per share. Goldman Sachs and J.P. Morgan served as the underwriters for the IPO and Pacific Crest Securities (a division of KeyBanc Capital Markets), Raymond James, William Blair and Baird were co-managers.

Who are BlackLine's major shareholders?

Top institutional shareholders of BlackLine include Conestoga Capital Advisors LLC (3.34%), Geode Capital Management LLC (2.02%), Geneva Capital Management LLC (1.48%) and Topline Capital Management LLC (1.35%). Insiders that own company stock include Marc Huffman, Mark Partin, Owen Ryan, Karole Morgan-Prager, Mark Woodhams, Peter Hirsch, Thomas Unterman, Jimmy C Duan, Michelle D Stalick, Kevin B Thompson and Barbara Whye.
View institutional ownership trends.

How do I buy shares of BlackLine?

Shares of BL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of BlackLine own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BlackLine investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 8/05/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:BL
• CIK: 1666134
• Web: www.blackline.com
• Phone: (818) 223-9008
• Fax: N/A
• Employees: 1,830
• Year Founded: 2001

Price Target and Rating

• Average Price Target for BlackLine: $61.08
• High Price Target: $86.00
• Low Price Target: $43.00
• Potential Upside/Downside: +13.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.15
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.29
• Trailing P/E Ratio: 41.82
• Forward P/E Ratio: 59.94
• P/E Growth: 8.92
• Net Income: $165.81 million
• Net Margins: 13.05%
• Pretax Margin: 7.90%
• Return on Equity: 15.95%
• Return on Assets: 3.70%

Debt

• Debt-to-Equity Ratio: 1.61
• Current Ratio: 1.64
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: $653.34 million
• Price / Sales: 5.11
• Cash Flow: $2.08 per share
• Price / Cash Flow: 25.89
• Book Value: $6.69 per share
• Price / Book: 8.06

Miscellaneous

• Outstanding Shares: 61,890,000
• Free Float: 56,566,000
• Market Cap: $3.34 billion
• Optionable: Optionable
• Beta: 0.95