BlackLine, Inc. (BL)

NASDAQ: BL · Real-Time Price · USD
50.68
+0.39 (0.78%)
Mar 25, 2025, 4:00 PM EST - Market closed
0.78%
Market Cap 3.18B
Revenue (ttm) 653.34M
Net Income (ttm) 161.17M
Shares Out 62.81M
EPS (ttm) 1.45
PE Ratio 34.87
Forward PE 24.84
Dividend n/a
Ex-Dividend Date n/a
Volume 443,165
Open 50.39
Previous Close 50.29
Day's Range 50.11 - 50.87
52-Week Range 43.37 - 69.09
Beta 1.03
Analysts Buy
Price Target 66.40 (+31.02%)
Earnings Date May 6, 2025

About BL

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close and consolidation solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching, which 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 financia... [Read more]

Sector Technology
IPO Date Oct 28, 2016
Employees 1,830
Stock Exchange NASDAQ
Ticker Symbol BL
Full Company Profile

Financial Performance

In 2024, BlackLine's revenue was $653.34 million, an increase of 10.74% compared to the previous year's $590.00 million. Earnings were $161.17 million, an increase of 205.06%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for BL stock is "Buy." The 12-month stock price forecast is $66.4, which is an increase of 31.02% from the latest price.

Price Target
$66.4
(31.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BlackLine Announces 2024 Partner Award Winners, Recognizing Excellence in Digital Finance Transformation

LOS ANGELES, March 13, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), the intelligent financial data platform that powers the modern Office of the CFO, has announced the winners of its 2024 Gl...

12 days ago - GlobeNewsWire

BlackLine Appoints New Member to Board of Directors in Collaboration with Scalar Gauge Fund

LOS ANGELES, March 10, 2025 (GLOBE NEWSWIRE) --  BlackLine, Inc. (Nasdaq: BL) (“BlackLine” or the “Company”) today announced that it has entered into a cooperation agreement (the “agreement”) with Sca...

15 days ago - GlobeNewsWire

BlackLine Announces Participation in Upcoming Investor Conferences

LOS ANGELES, Feb. 25, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences:

4 weeks ago - GlobeNewsWire

Top 2 Tech Stocks You'll Regret Missing This Month

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

Other symbols: AKAM
4 weeks ago - Benzinga

BlackLine Expands Bengaluru Operations to Drive Global Growth and Innovation

LOS ANGELES, Feb. 25, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), the intelligent financial data platform that powers the modern Office of the CFO, announced today the expansion of its pres...

4 weeks ago - GlobeNewsWire

BlackLine: Worrying Growth Trends (Rating Downgrade)

BlackLine shares slid nearly 20% after the company reported disastrous Q4 results, showing continued deceleration in revenue growth while also suffering large slips in operating margin. The company's ...

5 weeks ago - Seeking Alpha

BlackLine, Inc. (BL) Q4 2024 Earnings Call Transcript

BlackLine, Inc. (NASDAQ:BL) Q4 2024 Earnings Conference Call February 11, 2025 5:00 PM ET Company Participants Matthew Humphries - Vice President of Investor Relations Owen Ryan - Co-Chief Executive ...

6 weeks ago - Seeking Alpha

BlackLine Announces Fourth Quarter and Full Year 2024 Financial Results

LOS ANGELES, Feb. 11, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the fourth quarter and full year ended December 31, 2024.

6 weeks ago - GlobeNewsWire

BlackLine Announces Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the fourth quarter and full year ended December 31, 2024 after ma...

2 months ago - GlobeNewsWire

BlackLine Appoints Stuart Van Houten as Chief Commercial Officer

Stuart Van Houten, Will Join BlackLine Effective February 17, 2025, and Succeed Mark Woodhams as Head of Global Sales Team

2 months ago - GlobeNewsWire

BlackLine: Acceleration To Mid-Teens Revenue Growth Is Possible

I reiterate my buy rating for BlackLine due to its potential to accelerate growth to mid-teens, triggering an upward valuation rerating. BL's strategic shift towards larger enterprise customers and th...

3 months ago - Seeking Alpha

BlackLine Recognized as a Leader in 2024 IDC MarketScape for Worldwide Accounts Receivable Automation Applications for the Enterprise

LOS ANGELES, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ: BL), the future-ready platform for the Office of the CFO, today announced its designation as a Leader in the IDC MarketScape: Worldwid...

3 months ago - GlobeNewsWire

BlackLine Announces Participation in Upcoming Investor Conference

LOS ANGELES, Nov. 26, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conference:

4 months ago - GlobeNewsWire

BlackLine Launches Studio360 Platform to Drive Future-Ready Financial Operations for the Office of the CFO

LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today unveiled The BlackLine Studio360 Platform, a groundbreaking advancemen...

4 months ago - GlobeNewsWire

BlackLine Recognized as Most Innovative FinTech Solution by the 2024 Tech Ascension Awards

LOS ANGELES, Nov. 18, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, has been recognized as the Most Innovative FinTech Solution by the 2024 Tech...

4 months ago - GlobeNewsWire

BlackLine Welcomes Philippe Omer Decugis as Senior Vice President and General Manager for Europe

LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the appointment of Philippe Omer Decugis as Senior Vice Pres...

4 months ago - GlobeNewsWire

BlackLine Announces Date for Investor Day

LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will host its upcoming Investor Day on November 19th, 2024 in Orlando, FL at 1:00pm ET. The event wi...

4 months ago - GlobeNewsWire

UPDATE - BlackLine Honors 2024 Modern Accounting Award Winners: ExxonMobil, Gonzaga University, Red Wing Shoes, Treasury Wine Estates, Aimbridge Hospitality, Delaware North, and Sound Community Bank

LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the winners of its 2024 Modern Accounting Awards. Now in its...

4 months ago - GlobeNewsWire

BlackLine Honors 2024 Modern Accounting Award Winners: ExxonMobil, Gonzaga University, Red Wing Shoes, Treasury Wine Estates, Ambridge Hospitality, Delaware North, and Sound Community Bank

LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announced the winners of its 2024 Modern Accounting Awards. Now in its...

4 months ago - GlobeNewsWire

BlackLine, Inc. (BL) Q3 2024 Earnings Call Transcript

BlackLine, Inc. (NASDAQ:BL) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants Matt Humphries - Vice President of Investor Relations Owen Ryan - Co-Chief Executive Offic...

4 months ago - Seeking Alpha

BlackLine Announces the Planned Retirement of Chief Financial Officer and Names Successor

LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced that after nearly 10 years as BlackLine's Chief Financial Officer, Mark Partin has decided to retire, effec...

4 months ago - GlobeNewsWire

BlackLine Announces Third Quarter Financial Results

LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the third quarter ended September 30, 2024.

4 months ago - GlobeNewsWire

BlackLine Is Expanding Net Profit Margins Fast

BlackLine, a financial automation software firm, targets enterprise customers, automating financial close processes to improve cash flows and financial reporting accuracy. Founded by Therese Tucker, B...

5 months ago - Seeking Alpha

BlackLine Honored with Multiple Consecutive Industry Accolades

Digital finance transformation leader continues to make a significant impact with market-leading solutions and corporate social responsibility, earning 5th consecutive TrustRadius and G2 awards Digita...

5 months ago - GlobeNewsWire

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

LOS ANGELES, Oct. 24, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the third quarter ended September 30, 2024 after market close on ...

5 months ago - GlobeNewsWire