BlackLine (BL) Stock Price, News & Analysis

Company Overview

BlackLine, Inc. (NASDAQ: BL) is a leading provider of cloud-based finance and accounting automation software designed to modernize the financial close process. Founded in 2001 and headquartered in Woodland Hills, California, the company delivers solutions that help organizations streamline reconciliation, close management, and intercompany accounting through a unified, secure platform. BlackLine’s software empowers finance teams to transition from manual, spreadsheet-driven workflows to real-time, automated processes.

The company’s core offerings include account reconciliation automation, transaction matching, journal entry management, and task orchestration. Its Continuous Accounting framework enables ongoing analysis and validation of financial data throughout the period, reducing risk and improving insight into financial operations. Additional modules—such as intercompany transaction management and compliance controls—support multicurrency and multinational workflows, making the platform adaptable to complex corporate environments.

Since its initial public offering in 2016, BlackLine has expanded its global footprint to serve a diverse customer base spanning North America, Europe, Asia Pacific, Latin America, and the Middle East. The company has invested in research and development to enhance its artificial intelligence and machine learning capabilities, continually refining its analytics and prediction tools to drive efficiency and visibility for its clients. BlackLine’s recurring subscription model underpins a strong emphasis on customer success and long-term partnerships.

Leadership at BlackLine is anchored by CEO Marc Huffman, who oversees corporate strategy, product innovation, and global operations. Founder and Executive Chair Therese Tucker remains actively involved in advancing the company’s vision for Continuous Accounting. Supported by a seasoned management team, BlackLine continues to deliver solutions that address evolving regulatory requirements and the growing demand for digital transformation in finance and accounting departments worldwide.

Key Stats

• Today's Range: $55.96 to $57.17
• 50-Day Range: $46.65 to $58.22
• 52-Week Range: $40.82 to $66.25
• Volume: 538,584 shs
• Average Volume: 723,819 shs
• Market Capitalization: $3.49 billion
• P/E Ratio: 40.59
• Dividend Yield: N/A
• Price Target: $60.54
• Consensus Rating: Hold

BlackLine Stock Analysis - MarketRank™

BlackLine scored higher than 71% of companies evaluated by MarketBeat, and ranked 233rd out of 657 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: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

BlackLine has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 7 buy ratings, 4 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

BlackLine has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 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 40.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of BlackLine is 40.59, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.24.

Price to Earnings Growth Ratio

BlackLine has a PEG Ratio of 9.35. 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 7.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.50% 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 9.4.

Change versus previous month

Short interest in BlackLine has recently increased by 4.23%, indicating that investor sentiment is decreasing.

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

13.50% 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 9.4.

Change versus previous month

Short interest in BlackLine has recently increased by 4.23%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: 0.67

News Sentiment

BlackLine has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for BlackLine this week, compared to 9 articles on an average week.

Search Interest

Only 10 people have searched for BL on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added BlackLine to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $145,267.00 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 on January 1st, 2025. Since then, BL shares have decreased by 7.8% and is now trading at $56.01.

How were BlackLine's earnings last quarter?

BlackLine (NASDAQ:BL) released its earnings results on Tuesday, February, 11th. The technology company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.29. BlackLine had a trailing twelve-month return on equity of 18.70% and a net margin of 23.60%.
Read the conference call transcript.

When did BlackLine IPO?

BlackLine (BL) raised $120 million in an initial public offering on Friday, October 28th 2016. The company issued 8,600,000 shares at a price of $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?

BlackLine's top institutional shareholders include Trust Point Inc. (0.01%). 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: 2/11/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 8/05/2025
• 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: N/A

Price Target and Rating

• Average Price Target for BlackLine: $60.54
• High Price Target: $86.00
• Low Price Target: $43.00
• Potential Upside/Downside: +8.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.38
• Trailing P/E Ratio: 40.59
• Forward P/E Ratio: 62.23
• P/E Growth: 9.51
• Net Income: $165.81 million
• Net Margins: 23.60%
• Pretax Margin: 17.95%
• Return on Equity: 18.70%
• Return on Assets: 4.05%

Debt

• Debt-to-Equity Ratio: 1.59
• Current Ratio: 1.66
• Quick Ratio: 1.66

Sales & Book Value

• Annual Sales: $662.81 million
• Price / Sales: 5.27
• Cash Flow: $2.05 per share
• Price / Cash Flow: 27.35
• Book Value: $7.15 per share
• Price / Book: 7.83

Miscellaneous

• Outstanding Shares: 62,320,000
• Free Float: 56,960,000
• Market Cap: $3.49 billion
• Optionable: Optionable
• Beta: 0.93