BlackLine Stock Forecast, Price & News

BlackLine (NASDAQ:BL) Frequently Asked Questions

Is BlackLine a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackLine in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BlackLine stock.
View analyst ratings for BlackLine or view top-rated stocks.

How has BlackLine's stock price been impacted by Coronavirus (COVID-19)?

BlackLine's stock was trading at $61.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BL shares have increased by 76.4% and is now trading at $108.76.
View which stocks have been most impacted by COVID-19.

When is BlackLine's next earnings date?

BlackLine is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for BlackLine.

How were BlackLine's earnings last quarter?

BlackLine, Inc. (NASDAQ:BL) issued its quarterly earnings data on Thursday, November, 4th. The technology company reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.13. The technology company had revenue of $109.40 million for the quarter, compared to analysts' expectations of $107.06 million. BlackLine had a negative net margin of 23.43% and a negative trailing twelve-month return on equity of 4.02%. BlackLine's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.02 earnings per share.
View BlackLine's earnings history.

What guidance has BlackLine issued on next quarter's earnings?

BlackLine issued an update on its FY 2021 earnings guidance on Thursday, November, 25th. The company provided earnings per share guidance of $0.590-$0.620 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.470. The company issued revenue guidance of $423.50 million-$424.50 million, compared to the consensus revenue estimate of $422.05 million.

What price target have analysts set for BL?

8 analysts have issued twelve-month target prices for BlackLine's shares. Their forecasts range from $120.00 to $163.00. On average, they anticipate BlackLine's stock price to reach $146.13 in the next year. This suggests a possible upside of 34.4% from the stock's current price.
View analysts' price targets for BlackLine or view top-rated stocks among Wall Street analysts.

Who are BlackLine's key executives?

BlackLine's management team includes the following people:

• Marc E. Huffman, President, Chief Executive Officer & Director (LinkedIn Profile)
• Mark W. Partin, Chief Financial Officer (LinkedIn Profile)
• Peter Hirsch, Chief Technology Officer (LinkedIn Profile)
• Karole R. Morgan-Prager, Secretary, Chief Legal & Administrative Officer
• Tammy F. Coley, Chief Transformation Officer

What is Therese Tucker's approval rating as BlackLine's CEO?

155 employees have rated BlackLine CEO Therese Tucker on Glassdoor.com. Therese Tucker has an approval rating of 90% among BlackLine's employees.

Who are some of BlackLine's key competitors?

Some companies that are related to BlackLine include ZoomInfo Technologies (ZI), UiPath (PATH), Tyler Technologies (TYL), Confluent (CFLT), SS&C Technologies (SSNC), Take-Two Interactive Software (TTWO), Splunk (SPLK), NICE (NICE), Asana (ASAN), Dynatrace (DT), Nuance Communications (NUAN), Qualtrics International (XM), Ceridian HCM (CDAY), Check Point Software Technologies (CHKP) and NortonLifeLock (NLOK).
View all of BL's competitors.

What other stocks do shareholders of BlackLine own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackLine investors own include Square (SQ), Walt Disney (DIS), Slack Technologies (WORK), NVIDIA (NVDA), Okta (OKTA), DocuSign (DOCU), Twilio (TWLO), Teladoc Health (TDOC), CrowdStrike (CRWD) and Zoom Video Communications (ZM).

When did BlackLine IPO?

(BL) raised $120 million in an initial public offering (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.

What is BlackLine's stock symbol?

BlackLine trades on the NASDAQ under the ticker symbol "BL."

Who are BlackLine's major shareholders?

BlackLine's stock is owned by a number of institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (5.52%), Artisan Partners Limited Partnership (4.41%), Conestoga Capital Advisors LLC (2.37%), Baillie Gifford & Co. (2.32%), Alliancebernstein L.P. (2.25%) and Geneva Capital Management LLC (1.96%). Company insiders that own BlackLine stock include Graham Smith, Kevin B Thompson, Marc Huffman, Mario Spanicciati, Mark Partin, Mark Woodhams, Mika Yamamoto, Morgan Karole Prager, Patrick Villanova, Peter Hirsch, Therese Tucker and Thomas Unterman.
View institutional ownership trends for BlackLine.

Which major investors are selling BlackLine stock?

BL stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Ensign Peak Advisors Inc, Millennium Management LLC, Kayne Anderson Rudnick Investment Management LLC, Polar Capital Holdings Plc, Thrivent Financial for Lutherans, Artisan Partners Limited Partnership, and Two Sigma Advisers LP. Company insiders that have sold BlackLine company stock in the last year include Graham Smith, Marc Huffman, Mark Partin, Mark Woodhams, Mika Yamamoto, Peter Hirsch, Therese Tucker, and Thomas Unterman.
View insider buying and selling activity for BlackLine or view top insider-selling stocks.

Which major investors are buying BlackLine stock?

BL stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Eagle Asset Management Inc., Tygh Capital Management Inc., Voleon Capital Management LP, Bank of New York Mellon Corp, CastleArk Alternatives LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, and Cinctive Capital Management LP.
View insider buying and selling activity for BlackLine or or view top insider-buying stocks.

How do I buy shares of BlackLine?

Shares of BL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is BlackLine's stock price today?

One share of BL stock can currently be purchased for approximately $108.76.

How much money does BlackLine make?

BlackLine has a market capitalization of $6.38 billion and generates $351.74 million in revenue each year. The technology company earns $-38.05 million in net income (profit) each year or ($1.64) on an earnings per share basis.

How many employees does BlackLine have?

BlackLine employs 1,325 workers across the globe.

What is BlackLine's official website?

The official website for BlackLine is www.blackline.com.

Where are BlackLine's headquarters?

BlackLine is headquartered at 21300 Victory Boulevard 12th Floor, Woodland Hills CA, 91367.

How can I contact BlackLine?

BlackLine's mailing address is 21300 Victory Boulevard 12th Floor, Woodland Hills CA, 91367. The technology company can be reached via phone at (818) 223-9008 or via email at [email protected].