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BlackLine (BL) Competitors

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$29.14 -1.15 (-3.80%)
Closing price 04:00 PM Eastern
Extended Trading
$29.16 +0.02 (+0.07%)
As of 07:30 PM Eastern
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BL vs. QTWO, WK, APPF, CIFR, and NAVN

Should you buy BlackLine stock or one of its competitors? BlackLine's main competitors and comparable companies include Q2 (QTWO), Workiva (WK), AppFolio (APPF), Cipher Mining (CIFR), and Navan (NAVN). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "application software" industry.

How does BlackLine compare to Q2?

Q2 (NYSE:QTWO) and BlackLine (NASDAQ:BL) are both technology companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations, media sentiment and dividends.

95.1% of BlackLine shares are held by institutional investors. 0.9% of Q2 shares are held by company insiders. Comparatively, 9.1% of BlackLine shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Q2 has a beta of 1.33, suggesting that its share price is 33% more volatile than the broader market. Comparatively, BlackLine has a beta of 0.66, suggesting that its share price is 34% less volatile than the broader market.

Q2 has a net margin of 10.87% compared to BlackLine's net margin of 4.75%. BlackLine's return on equity of 20.89% beat Q2's return on equity.

Company Net Margins Return on Equity Return on Assets
Q210.87% 17.04% 8.80%
BlackLine 4.75%20.89%4.19%

Q2 presently has a consensus price target of $76.17, suggesting a potential upside of 27.05%. BlackLine has a consensus price target of $40.08, suggesting a potential upside of 37.55%. Given BlackLine's higher probable upside, analysts clearly believe BlackLine is more favorable than Q2.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Q2
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
2 Strong Buy rating(s)
2.92
BlackLine
2 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.20

In the previous week, Q2 had 4 more articles in the media than BlackLine. MarketBeat recorded 8 mentions for Q2 and 4 mentions for BlackLine. BlackLine's average media sentiment score of 1.04 beat Q2's score of 0.66 indicating that BlackLine is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Q2
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
BlackLine
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Q2 has higher revenue and earnings than BlackLine. Q2 is trading at a lower price-to-earnings ratio than BlackLine, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Q2$794.81M4.70$52.01M$1.4042.82
BlackLine$700.43M2.42$24.17M$0.5751.12

Summary

Q2 beats BlackLine on 11 of the 17 factors compared between the two stocks.

How does BlackLine compare to Workiva?

Workiva (NYSE:WK) and BlackLine (NASDAQ:BL) are both technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, media sentiment, earnings, institutional ownership, risk, analyst recommendations and valuation.

Workiva has a net margin of 4.87% compared to BlackLine's net margin of 4.75%. BlackLine's return on equity of 20.89% beat Workiva's return on equity.

Company Net Margins Return on Equity Return on Assets
Workiva4.87% -140.17% 3.74%
BlackLine 4.75%20.89%4.19%

In the previous week, Workiva had 6 more articles in the media than BlackLine. MarketBeat recorded 10 mentions for Workiva and 4 mentions for BlackLine. BlackLine's average media sentiment score of 1.04 beat Workiva's score of 0.73 indicating that BlackLine is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Workiva
2 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
BlackLine
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Workiva has a beta of 0.49, meaning that its stock price is 51% less volatile than the broader market. Comparatively, BlackLine has a beta of 0.66, meaning that its stock price is 34% less volatile than the broader market.

BlackLine has lower revenue, but higher earnings than Workiva. BlackLine is trading at a lower price-to-earnings ratio than Workiva, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Workiva$884.57M4.73-$26.17M$0.8290.95
BlackLine$700.43M2.42$24.17M$0.5751.12

92.2% of Workiva shares are held by institutional investors. Comparatively, 95.1% of BlackLine shares are held by institutional investors. 4.8% of Workiva shares are held by insiders. Comparatively, 9.1% of BlackLine shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Workiva currently has a consensus target price of $86.80, suggesting a potential upside of 16.39%. BlackLine has a consensus target price of $40.08, suggesting a potential upside of 37.55%. Given BlackLine's higher possible upside, analysts clearly believe BlackLine is more favorable than Workiva.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Workiva
1 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.91
BlackLine
2 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.20

Summary

Workiva beats BlackLine on 9 of the 17 factors compared between the two stocks.

How does BlackLine compare to AppFolio?

AppFolio (NASDAQ:APPF) and BlackLine (NASDAQ:BL) are both technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, profitability, earnings, risk, analyst recommendations and media sentiment.

AppFolio has a net margin of 15.13% compared to BlackLine's net margin of 4.75%. AppFolio's return on equity of 32.42% beat BlackLine's return on equity.

Company Net Margins Return on Equity Return on Assets
AppFolio15.13% 32.42% 25.82%
BlackLine 4.75%20.89%4.19%

In the previous week, AppFolio had 1 more articles in the media than BlackLine. MarketBeat recorded 5 mentions for AppFolio and 4 mentions for BlackLine. AppFolio's average media sentiment score of 1.44 beat BlackLine's score of 1.04 indicating that AppFolio is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
AppFolio
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
BlackLine
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

AppFolio has higher revenue and earnings than BlackLine. BlackLine is trading at a lower price-to-earnings ratio than AppFolio, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AppFolio$950.82M8.42$140.92M$4.3851.59
BlackLine$700.43M2.42$24.17M$0.5751.12

85.2% of AppFolio shares are held by institutional investors. Comparatively, 95.1% of BlackLine shares are held by institutional investors. 1.6% of AppFolio shares are held by company insiders. Comparatively, 9.1% of BlackLine shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

AppFolio currently has a consensus price target of $243.50, indicating a potential upside of 7.77%. BlackLine has a consensus price target of $40.08, indicating a potential upside of 37.55%. Given BlackLine's higher probable upside, analysts plainly believe BlackLine is more favorable than AppFolio.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AppFolio
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
3.08
BlackLine
2 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.20

AppFolio has a beta of 0.85, suggesting that its stock price is 15% less volatile than the broader market. Comparatively, BlackLine has a beta of 0.66, suggesting that its stock price is 34% less volatile than the broader market.

Summary

AppFolio beats BlackLine on 14 of the 17 factors compared between the two stocks.

How does BlackLine compare to Cipher Mining?

Cipher Mining (NASDAQ:CIFR) and BlackLine (NASDAQ:BL) are both technology companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, earnings, risk, valuation, profitability, media sentiment, institutional ownership and dividends.

BlackLine has higher revenue and earnings than Cipher Mining. Cipher Mining is trading at a lower price-to-earnings ratio than BlackLine, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cipher Mining$223.94M27.97-$822.24M-$2.86N/A
BlackLine$700.43M2.42$24.17M$0.5751.12

12.3% of Cipher Mining shares are owned by institutional investors. Comparatively, 95.1% of BlackLine shares are owned by institutional investors. 3.1% of Cipher Mining shares are owned by company insiders. Comparatively, 9.1% of BlackLine shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Cipher Mining has a beta of 3.15, meaning that its stock price is 215% more volatile than the broader market. Comparatively, BlackLine has a beta of 0.66, meaning that its stock price is 34% less volatile than the broader market.

In the previous week, Cipher Mining had 11 more articles in the media than BlackLine. MarketBeat recorded 15 mentions for Cipher Mining and 4 mentions for BlackLine. BlackLine's average media sentiment score of 1.04 beat Cipher Mining's score of 0.49 indicating that BlackLine is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cipher Mining
5 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
BlackLine
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

BlackLine has a net margin of 4.75% compared to Cipher Mining's net margin of -585.75%. BlackLine's return on equity of 20.89% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Cipher Mining-585.75% -156.28% -21.29%
BlackLine 4.75%20.89%4.19%

Cipher Mining currently has a consensus price target of $28.61, indicating a potential upside of 89.60%. BlackLine has a consensus price target of $40.08, indicating a potential upside of 37.55%. Given Cipher Mining's stronger consensus rating and higher probable upside, analysts plainly believe Cipher Mining is more favorable than BlackLine.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.89
BlackLine
2 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.20

Summary

BlackLine beats Cipher Mining on 10 of the 17 factors compared between the two stocks.

How does BlackLine compare to Navan?

BlackLine (NASDAQ:BL) and Navan (NASDAQ:NAVN) are both technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, risk, profitability, institutional ownership, media sentiment, earnings and dividends.

BlackLine has higher earnings, but lower revenue than Navan. Navan is trading at a lower price-to-earnings ratio than BlackLine, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BlackLine$700.43M2.42$24.17M$0.5751.12
Navan$702.27M8.12-$398.03M-$5.06N/A

In the previous week, Navan had 41 more articles in the media than BlackLine. MarketBeat recorded 45 mentions for Navan and 4 mentions for BlackLine. BlackLine's average media sentiment score of 1.04 beat Navan's score of 0.43 indicating that BlackLine is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
BlackLine
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Navan
7 Very Positive mention(s)
10 Positive mention(s)
16 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

BlackLine has a net margin of 4.75% compared to Navan's net margin of -42.11%. BlackLine's return on equity of 20.89% beat Navan's return on equity.

Company Net Margins Return on Equity Return on Assets
BlackLine4.75% 20.89% 4.19%
Navan -42.11%-13.91%-9.86%

95.1% of BlackLine shares are owned by institutional investors. 9.1% of BlackLine shares are owned by insiders. Comparatively, 63.4% of Navan shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

BlackLine currently has a consensus price target of $40.08, suggesting a potential upside of 37.55%. Navan has a consensus price target of $30.50, suggesting a potential upside of 36.04%. Given BlackLine's higher possible upside, equities analysts clearly believe BlackLine is more favorable than Navan.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BlackLine
2 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.20
Navan
1 Sell rating(s)
1 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.88

Summary

BlackLine beats Navan on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BL vs. The Competition

MetricBlackLineSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$1.76B$15.93B$29.45B$15.01B
Dividend YieldN/A3.43%2.75%12.21%
P/E Ratio51.12141.1476.2825.31
Price / Sales2.421,286.97589.4087.56
Price / Cash13.7346.6547.4851.48
Price / Book5.218.657.676.18
Net Income$24.17M$435.49M$705.00M$357.96M
7 Day Performance-3.32%-1.19%-1.90%-1.61%
1 Month Performance-4.55%-1.31%-4.79%-3.62%
1 Year Performance-46.39%-0.40%176.50%5.95%

BlackLine Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BL
BlackLine
3.8488 of 5 stars
$29.14
-3.8%
$40.08
+37.6%
-44.2%$1.76B$700.43M51.121,850
QTWO
Q2
4.2636 of 5 stars
$62.06
-0.1%
$75.64
+21.9%
-24.8%$3.87B$794.81M44.332,549
WK
Workiva
4.0162 of 5 stars
$76.47
-0.1%
$88.58
+15.8%
-2.1%$4.30B$884.57M93.262,860
APPF
AppFolio
3.2506 of 5 stars
$214.28
flat
$243.50
+13.6%
-19.6%$7.59B$950.82M48.921,702
CIFR
Cipher Mining
3.0576 of 5 stars
$17.74
flat
$28.61
+61.3%
+44.1%$7.36B$223.94MN/A10

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This page (NASDAQ:BL) was last updated on 9/15/2026 by MarketBeat.com Staff.
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