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NASDAQ:BL

BlackLine (BL) Stock Price, News & Analysis

BlackLine logo
$50.29 0.00 (0.00%)
Closing price 03/24/2025 04:00 PM Eastern
Extended Trading
$50.28 -0.01 (-0.02%)
As of 03/24/2025 04:37 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About BlackLine Stock (NASDAQ:BL)

Key Stats

Today's Range
$50.18
$51.28
50-Day Range
$47.46
$65.64
52-Week Range
$43.37
$69.09
Volume
666,063 shs
Average Volume
774,195 shs
Market Capitalization
$3.16 billion
P/E Ratio
34.68
Dividend Yield
N/A
Price Target
$66.40
Consensus Rating
Hold

Company Overview

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. The company was founded by Therese Tucker in May 2001 and is headquartered in Woodland Hills, CA.

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BlackLine Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
97th Percentile Overall Score

BL MarketRank™: 

BlackLine scored higher than 97% of companies evaluated by MarketBeat, and ranked 37th out of 655 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    BlackLine has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 6 buy ratings, 3 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.

  • Read more about BlackLine's stock forecast and price target.
  • 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 34.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.53.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of BlackLine is 34.68, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 43.13.

  • Price to Earnings Growth Ratio

    BlackLine has a PEG Ratio of 10.80. 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 7.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about BlackLine's valuation and earnings.
  • Percentage of Shares Shorted

    8.86% 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 6.4.
  • Change versus previous month

    Short interest in BlackLine has recently decreased by 6.72%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    BlackLine does not currently pay a dividend.

  • Dividend Growth

    BlackLine does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.86% 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 6.4.
  • Change versus previous month

    Short interest in BlackLine has recently decreased by 6.72%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    BlackLine has a news sentiment score of 1.36. 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 is a higher news sentiment than the 0.74 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for BlackLine this week, compared to 7 articles on an average week.
  • Search Interest

    15 people have searched for BL on MarketBeat in the last 30 days.
  • 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 $451,401.00 in company stock.

  • Percentage Held by Insiders

    Only 9.93% 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.

  • Read more about BlackLine's insider trading history.
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BL Stock News Headlines

Karole Morgen-Prager
“Amazon Coin” set to outperform Bitcoin
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... But today, Chris is now making the biggest crypto call of his ENTIRE career…
BlackLine enters cooperation agreement with Scalar Gauge Fund
See More Headlines

BL Stock Analysis - Frequently Asked Questions

BlackLine's stock was trading at $60.76 on January 1st, 2025. Since then, BL shares have decreased by 17.2% and is now trading at $50.29.
View the best growth stocks for 2025 here
.

BlackLine, Inc. (NASDAQ:BL) released its quarterly earnings data on Tuesday, February, 11th. The technology company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.50 by $0.29. BlackLine had a trailing twelve-month return on equity of 21.63% and a net margin of 24.67%.

BlackLine (BL) raised $120 million in an IPO 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 acted 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.

BlackLine's top institutional investors include Vanguard Group Inc. (11.54%), FMR LLC (7.14%), Conestoga Capital Advisors LLC (3.38%) and Geode Capital Management LLC (2.05%). Insiders that own company stock include Marc Huffman, Mark Partin, Owen Ryan, Karole Morgan-Prager, Mark Woodhams, Peter Hirsch, Thomas Unterman, Jimmy C Duan, Kevin B Thompson and Barbara Whye.
View institutional ownership trends
.

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.

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
3/24/2025
Next Earnings (Estimated)
5/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:BL
Fax
N/A
Employees
1,750
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$66.40
High Stock Price Target
$86.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+32.0%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
11 Analysts

Profitability

Trailing P/E Ratio
34.68
Forward P/E Ratio
55.88
P/E Growth
10.8
Net Income
$165.81 million
Pretax Margin
19.09%

Debt

Sales & Book Value

Annual Sales
$653.34 million
Cash Flow
$1.85 per share
Price / Cash Flow
27.20
Book Value
$7.15 per share
Price / Book
7.03

Miscellaneous

Free Float
56,531,000
Market Cap
$3.16 billion
Optionable
Optionable
Beta
1.03

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This page (NASDAQ:BL) was last updated on 3/25/2025 by MarketBeat.com Staff
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