BlackLine, Inc. (BL)
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]
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 StatementsAnalyst 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.
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...

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...

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:

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.

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...

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 ...

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 ...

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.

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...

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

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...

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...

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:

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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...

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 ...