What is William Blair's Estimate for BlackLine Q3 Earnings?

BlackLine, Inc. (NASDAQ:BL - Free Report) - William Blair increased their Q3 2025 earnings per share estimates for BlackLine in a research note issued to investors on Wednesday, May 21st. William Blair analyst J. Roberge now anticipates that the technology company will post earnings per share of $0.26 for the quarter, up from their prior forecast of $0.25. The consensus estimate for BlackLine's current full-year earnings is $0.90 per share. William Blair also issued estimates for BlackLine's Q1 2026 earnings at $0.24 EPS, Q2 2026 earnings at $0.26 EPS, Q3 2026 earnings at $0.28 EPS, Q4 2026 earnings at $0.29 EPS and FY2026 earnings at $1.08 EPS.

Other equities analysts have also issued reports about the stock. Morgan Stanley decreased their price objective on shares of BlackLine from $80.00 to $65.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. BMO Capital Markets lowered their price objective on shares of BlackLine from $68.00 to $60.00 and set a "market perform" rating for the company in a research note on Wednesday, February 12th. Wall Street Zen lowered shares of BlackLine from a "buy" rating to a "hold" rating in a report on Thursday, May 15th. Truist Financial upped their target price on BlackLine from $40.00 to $45.00 and gave the company a "hold" rating in a research report on Thursday, May 8th. Finally, Bank of America raised BlackLine from an "underperform" rating to a "buy" rating and lifted their price target for the stock from $50.00 to $75.00 in a research report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, BlackLine has a consensus rating of "Hold" and a consensus target price of $60.75.

BlackLine Stock Down 0.1%

NASDAQ BL traded down $0.04 during trading on Monday, hitting $55.28. The company's stock had a trading volume of 76,431 shares, compared to its average volume of 758,600. BlackLine has a fifty-two week low of $40.82 and a fifty-two week high of $66.25. The company has a market cap of $3.45 billion, a PE ratio of 38.07, a P/E/G ratio of 10.80 and a beta of 0.94. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.59 and a quick ratio of 2.69. The business's 50 day simple moving average is $49.12 and its 200-day simple moving average is $54.91.

Institutional Investors Weigh In On BlackLine

A number of institutional investors have recently added to or reduced their stakes in the stock. Hawk Ridge Capital Management LP lifted its holdings in BlackLine by 124.3% during the first quarter. Hawk Ridge Capital Management LP now owns 1,959,945 shares of the technology company's stock valued at $94,901,000 after purchasing an additional 1,086,185 shares in the last quarter. Topline Capital Management LLC acquired a new position in shares of BlackLine during the 4th quarter worth about $60,572,000. American Century Companies Inc. lifted its stake in BlackLine by 12,538.0% in the 4th quarter. American Century Companies Inc. now owns 896,665 shares of the technology company's stock valued at $54,481,000 after buying an additional 889,570 shares in the last quarter. First Manhattan CO. LLC. boosted its holdings in BlackLine by 408.7% in the 1st quarter. First Manhattan CO. LLC. now owns 815,975 shares of the technology company's stock worth $39,510,000 after buying an additional 655,565 shares during the last quarter. Finally, Westwood Holdings Group Inc. increased its stake in BlackLine by 106.4% during the 1st quarter. Westwood Holdings Group Inc. now owns 1,186,347 shares of the technology company's stock worth $57,443,000 after buying an additional 611,499 shares in the last quarter. Institutional investors and hedge funds own 95.13% of the company's stock.

Insider Transactions at BlackLine

In other BlackLine news, CAO Michelle D. Stalick sold 795 shares of the firm's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $55.14, for a total value of $43,836.30. Following the sale, the chief accounting officer now directly owns 25,235 shares of the company's stock, valued at approximately $1,391,457.90. This trade represents a 3.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO Mark Woodhams sold 1,856 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $54.65, for a total value of $101,430.40. Following the completion of the sale, the executive now owns 61,390 shares of the company's stock, valued at $3,354,963.50. This trade represents a 2.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 8.60% 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.