BlackLine (BL) Projected to Release Earnings on Thursday

Key Points

• BlackLine is expected to report Q3 2026 earnings after the market closes Thursday, November 5. Analysts forecast EPS of $0.629 and revenue of $194.17 million, compared with company guidance of $0.620–$0.650 EPS.
• In its prior quarter, BlackLine beat estimates with $0.61 EPS versus $0.57 expected and revenue of $187.82 million, up 9.1% year over year.
• Analyst sentiment is mixed: BlackLine has an average “Hold” rating and a consensus price target of $39.50, while several firms recently downgraded the stock or lowered their price targets.

BlackLine (NASDAQ:BL - Get Free Report) will likely be issuing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect BlackLine to post earnings of $0.6290 per share and revenue of $194.17 million for the quarter. BlackLine has set its FY 2026 guidance at 2.470-2.540 EPS and its Q3 2026 guidance at 0.620-0.650 EPS. Individuals may review the information on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

BlackLine (NASDAQ:BL - Get Free Report) last announced its earnings results on Tuesday, August 4th. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.04. BlackLine had a net margin of 4.75% and a return on equity of 20.89%. The firm had revenue of $187.82 million during the quarter, compared to analyst estimates of $186.99 million. During the same quarter in the prior year, the firm posted $0.51 EPS. BlackLine's revenue was up 9.1% compared to the same quarter last year. On average, analysts expect BlackLine to post $0.99 EPS for the current fiscal year and $1.19 EPS for the next fiscal year.

BlackLine Stock Down 0.9%

BL stock opened at $33.79 on Thursday. BlackLine has a 52 week low of $24.70 and a 52 week high of $59.57. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 2.12. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 59.28, a price-to-earnings-growth ratio of 2.28 and a beta of 0.74. The firm's 50-day moving average is $30.25 and its two-hundred day moving average is $33.34.

Insider Activity at BlackLine

In other BlackLine news, CAO Michelle D. Stalick sold 780 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $33.65, for a total transaction of $26,247.00. Following the completion of the sale, the chief accounting officer owned 34,712 shares of the company's stock, valued at $1,168,058.80. This represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Therese Tucker sold 70,000 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $31.96, for a total value of $2,237,200.00. Following the transaction, the director owned 381,557 shares in the company, valued at approximately $12,194,561.72. This trade represents a 15.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BL shares. Wall Street Zen cut BlackLine from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 25th. DA Davidson lowered shares of BlackLine from a "neutral" rating to an "underperform" rating and cut their price target for the company from $30.00 to $23.00 in a report on Monday, September 28th. Morgan Stanley downgraded BlackLine from an "overweight" rating to an "equal weight" rating and reduced their price objective for the stock from $50.00 to $33.00 in a research note on Tuesday, July 21st. Scotiabank downgraded shares of BlackLine to an "outperform" rating in a research report on Tuesday, July 21st. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of BlackLine in a research note on Monday. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, BlackLine presently has an average rating of "Hold" and a consensus target price of $39.50.

BlackLine Company Profile

BlackLine, Inc provides cloud-based financial operations and accounting automation software for businesses. Its platform is designed to help accounting and finance teams manage, standardize and automate processes that traditionally rely on spreadsheets, manual data entry and disconnected systems.

The company's products support financial close and consolidation, account reconciliations, transaction matching, intercompany accounting, accounts receivable automation and invoice-to-cash workflows.

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