DA Davidson Predicts BlackLine's Q3 Earnings (NASDAQ:BL)

Key Points

• DA Davidson has issued a forecast for BlackLine's Q3 2025 earnings, estimating $0.22 earnings per share, with a "Neutral" rating and a price target of $56.00.
• BlackLine reported a quarterly earnings of $0.51 EPS, exceeding the consensus estimate of $0.50, with revenues up 7.2% year-over-year.
• Current price target consensus for BlackLine stock stands at $61.29 with various analysts maintaining a mix of buy, hold, and sell ratings.

BlackLine (NASDAQ:BL - Free Report) - Equities research analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for BlackLine in a research report issued to clients and investors on Wednesday, August 6th. DA Davidson analyst G. Luria forecasts that the technology company will post earnings per share of $0.22 for the quarter. DA Davidson has a "Neutral" rating and a $56.00 price objective on the stock. The consensus estimate for BlackLine's current full-year earnings is $0.90 per share. DA Davidson also issued estimates for BlackLine's FY2025 earnings at $1.02 EPS.

BlackLine (NASDAQ:BL - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. The business had revenue of $172.03 million during the quarter, compared to analysts' expectations of $170.87 million. BlackLine had a return on equity of 15.95% and a net margin of 13.05%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the firm earned $0.58 EPS.

A number of other equities analysts have also issued reports on the company. Raymond James Financial raised BlackLine from a "market perform" rating to an "outperform" rating and set a $67.00 price target for the company in a research note on Tuesday, July 29th. Wall Street Zen lowered BlackLine from a "buy" rating to a "hold" rating in a report on Thursday, May 15th. BMO Capital Markets increased their price objective on BlackLine from $60.00 to $63.00 and gave the stock a "market perform" rating in a report on Wednesday, August 6th. The Goldman Sachs Group cut their target price on BlackLine from $51.00 to $43.00 and set a "sell" rating on the stock in a report on Thursday, April 17th. Finally, Cantor Fitzgerald began coverage on BlackLine in a report on Tuesday, June 3rd. They set a "neutral" rating and a $58.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $61.08.

BlackLine Trading Up 0.5%

BlackLine stock traded up $0.23 during trading on Thursday, hitting $48.58. The company's stock had a trading volume of 335,000 shares, compared to its average volume of 741,971. BlackLine has a 1-year low of $40.82 and a 1-year high of $66.25. The stock's fifty day moving average is $55.66 and its 200 day moving average is $52.85. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.64 and a current ratio of 1.64. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 37.65, a P/E/G ratio of 6.96 and a beta of 0.91.

Insider Transactions at BlackLine

In other BlackLine news, CRO Mark Woodhams sold 1,856 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $54.65, for a total transaction of $101,430.40. Following the transaction, the executive owned 61,390 shares in the company, valued at $3,354,963.50. This represents a 2.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Michelle D. Stalick sold 795 shares of the stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $55.14, for a total transaction of $43,836.30. Following the transaction, the chief accounting officer owned 25,235 shares in the company, valued at approximately $1,391,457.90. The trade was a 3.05% decrease in their position. The disclosure for this sale can be found here. 8.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On BlackLine

Hedge funds have recently bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new position in shares of BlackLine in the second quarter worth $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of BlackLine in the 2nd quarter valued at $33,000. Quadrant Capital Group LLC boosted its position in BlackLine by 243.5% during the 4th quarter. Quadrant Capital Group LLC now owns 584 shares of the technology company's stock valued at $35,000 after buying an additional 414 shares during the period. Huntington National Bank lifted its position in shares of BlackLine by 57.5% in the 2nd quarter. Huntington National Bank now owns 1,235 shares of the technology company's stock worth $70,000 after purchasing an additional 451 shares during the period. Finally, Johnson Financial Group Inc. bought a new position in shares of BlackLine in the 4th quarter worth about $73,000. Institutional investors own 95.13% of the company's stock.

BlackLine Company Profile

BlackLine, Inc operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. Its scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance.