BlackLine, Inc. (BL)

NASDAQ: BL · IEX Real-Time Price · USD
48.07
+0.02 (0.04%)
At close: Jul 2, 2024, 4:00 PM
48.00
-0.07 (-0.15%)
After-hours: Jul 2, 2024, 4:11 PM EDT
0.04%
Market Cap 2.97B
Revenue (ttm) 608.47M
Net Income (ttm) 75.67M
Shares Out 61.82M
EPS (ttm) 1.13
PE Ratio 42.54
Forward PE 21.92
Dividend n/a
Ex-Dividend Date n/a
Volume 1,117,747
Open 48.43
Previous Close 48.05
Day's Range 47.76 - 48.82
52-Week Range 43.80 - 69.31
Beta 0.85
Analysts Hold
Price Target 64.56 (+34.3%)
Earnings Date Aug 6, 2024

About BL

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company's also provides jour... [Read more]

Sector Technology
IPO Date Oct 28, 2016
Employees 1,750
Stock Exchange NASDAQ
Ticker Symbol BL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for BL stock is "Hold." The 12-month stock price forecast is $64.56, which is an increase of 34.30% from the latest price.

Price Target
$64.56
(34.30% upside)
Analyst Consensus: Hold
Stock Forecasts

News

New Solution Developed by BlackLine to be Sold as an SAP Solution Extension

SAP Account Substantiation and Automation by BlackLine, financial review option, is the latest market-leading solution extension from BlackLine to be sold by SAP LOS ANGELES , June 4, 2024 /PRNewswire...

4 weeks ago - PRNewsWire

BlackLine Announces Participation in Upcoming Investor Conferences

LOS ANGELES, May 28, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences:

5 weeks ago - GlobeNewsWire

Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - DXC Technology (NYSE:DXC)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: DXCDVHOLINICE
5 weeks ago - Benzinga

BlackLine, Inc. Announces Upsize and Pricing of Offering of $600,000,000 of Convertible Senior Notes

LOS ANGELES, May 22, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced the pricing of $600,000,000 aggregate principal amount of 1.00% convertible senior notes due 2029 (the “note...

5 weeks ago - GlobeNewsWire

BlackLine, Inc. Announces Proposed Private Offering of $500,000,000 of Convertible Senior Notes

LOS ANGELES, May 21, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced that it intends to offer, subject to market conditions and other factors, $500,000,000 aggregate principal a...

6 weeks ago - GlobeNewsWire

BlackLine Named a Leader in Two Categories in New Finance and Accounting Platforms Report

Digital finance transformation leader is the only company recognized for both Invoice to Cash and Record to Report in 2024 ISG Provider Lens™ study LOS ANGELES , May 13, 2024 /PRNewswire/ -- Global te...

7 weeks ago - PRNewsWire

BlackLine Announces First Quarter Financial Results

LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) --   BlackLine, Inc . (Nasdaq: BL), today announced financial results for the first quarter ended March 31, 2024.

2 months ago - GlobeNewsWire

SaaS and Enterprise Software Veteran Joins BlackLine as Chief Customer Officer

Jimmy Duan to lead all customer- and partner-facing teams at digital finance transformation leader LOS ANGELES , May 6, 2024 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) announced today that software ...

2 months ago - PRNewsWire

BlackLine Honors Capgemini, Deloitte, EY, and Genpact with 2023 Global Partner Awards

Annual awards program recognizes leading firms for going above and beyond in their collaborative efforts to guide BlackLine customers on their digital finance transformation journeys LOS ANGELES , Apr...

2 months ago - PRNewsWire

BlackLine Announces Date for First Quarter 2024 Earnings Release and Conference Call

LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the first quarter ended March 31, 2024 after market close on Tue...

2 months ago - GlobeNewsWire

Cloud Software Engineering Veteran Jeremy Ung Joins BlackLine as Chief Technology Officer

Digital finance transformation leader adds former Apptio, Amazon Web Services,and Microsoft leader to oversee global technology direction LOS ANGELES , April 16, 2024 /PRNewswire/ -- Digital finance t...

2 months ago - PRNewsWire

BlackLine Announces AI-Powered Innovation for Analyzing Journal Entries

Powered by generative AI, Journals Risk Analyser empowers Finance and Accounting leaders with anomaly detection and powerful insights and trends to streamline audits and improve risk management & comp...

2 months ago - PRNewsWire

Camille Drummond Joins BlackLine Board of Directors

36-year veteran of global oil, gas, and energy powerhouse bp brings extensive business process services expertise to help guide digital finance transformation leader LOS ANGELES and LONDON , March 18,...

3 months ago - PRNewsWire

Industry-leading Customers bp, Marshalls PLC, and Trivium Packaging, Plus Deloitte, EY, and SAP Speaking at BeyondTheBlack™ Europe 2024

Annual BlackLine conference to highlight top-of-mind topics for the Office of the CFO,including the use of AI in Finance and Accounting LOS ANGELES and LONDON , March 14, 2024 /PRNewswire/ -- BlackLin...

3 months ago - PRNewsWire

BlackLine Adds 1,000th Modern Accounting Playbook (MAP) Customer

Bundled software and services offerings help companies get up and running and benefit quickly from market-leading financial close and invoice-to-cash solutions LOS ANGELES , Feb. 28, 2024 /PRNewswire/...

4 months ago - PRNewsWire

BlackLine Named to G2's Annual Best Accounting & Finance Software List for the 5th Year in a Row

Digital finance transformation leader recognized by customers for ease-of-use, visibility, breadth of functionality, workflow, and reporting capabilities LOS ANGELES , Feb. 21, 2024 /PRNewswire/ -- Bl...

4 months ago - PRNewsWire

BlackLine Announces Fourth Quarter and Full Year 2023 Financial Results

LOS ANGELES, Feb. 13, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the fourth quarter and full year ended December 31, 2023.

5 months ago - GlobeNewsWire

SaaS and Intelligent Automation Industry Veteran Sumit Johar Joins BlackLine as Chief Information Officer

Digital finance transformation leader expands leadership team, adding former Automation Anywhere CIO to oversee IT and InfoSec, scale internal cloud operations, and lead AI initiatives LOS ANGELES , F...

5 months ago - PRNewsWire

BlackLine Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

LOS ANGELES, Jan. 30, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the fourth quarter and full year ended December 31, 2023 after ma...

5 months ago - GlobeNewsWire

Nearly 40% of CFOs Do Not Completely Trust Their Organization's Financial Data, According to BlackLine Survey

Year-on-year data also shows that confidence in cash flow visibility remains at a staggering low, with just 2% of C-suite and finance and accounting leaders expressing complete confidence Errors due t...

5 months ago - PRNewsWire

Technology Industry Veteran Emily Campbell Joins BlackLine as Chief Marketing Officer

Digital finance transformation leader expands leadership team, adding former Dell Technologies senior marketing leader to drive global marketing strategy LOS ANGELES , Jan. 3, 2024 /PRNewswire/ -- Bla...

6 months ago - PRNewsWire

Business Leaders Ready to Embrace AI and Other Emerging Technologies to Enhance Financial Operations, But Challenges Remain - BlackLine Survey Reveals

Research highlights C-suite and Finance and Accounting expectations and concerns around the adoption of Generative AI and other emerging technologies LOS ANGELES and LONDON and SYDNEY and SINGAPORE , ...

7 months ago - PRNewsWire

BlackLine Sets New Standard with Addition of Trade Management Capabilities to its Intercompany Financial Management Solutions

An industry first, BlackLine Intercompany now addresses both trade and non-trade transactions, maximizing tax defensibility and increasing regulatory compliance  LOS ANGELES , Nov. 29, 2023 /PRNewswir...

7 months ago - PRNewsWire

BlackLine Announces Participation in Upcoming Investor Conference

LOS ANGELES, Nov. 15, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conference:

8 months ago - GlobeNewsWire

BlackLine Announces Third Quarter Financial Results

LOS ANGELES, Nov. 02, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the third quarter ended September 30, 2023.

8 months ago - GlobeNewsWire