BlackLine, Inc. (BL)

NASDAQ: BL · IEX Real-Time Price · USD
55.83
-0.94 (-1.66%)
Sep 27, 2022 4:00 PM EDT - Market closed
-1.66%
Market Cap 3.33B
Revenue (ttm) 473.44M
Net Income (ttm) -71.43M
Shares Out 59.63M
EPS (ttm) -1.47
PE Ratio n/a
Forward PE 136.99
Dividend n/a
Ex-Dividend Date n/a
Volume 449,011
Open 57.73
Previous Close 56.77
Day's Range 55.41 - 57.82
52-Week Range 49.66 - 135.00
Beta 0.79
Analysts Buy
Price Target 84.35 (+51.1%)
Earnings Date Nov 2, 2022

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 high volumes of individual transactions; and task management to create and manage processes and task lists. The company's financial close management solutions also include journal entry that allows users to gen... [Read more...]

Industry Software
IPO Date Oct 28, 2016
CEO Therese Tucker
Employees 1,888
Stock Exchange NASDAQ
Ticker Symbol BL
Full Company Profile

Financial Performance

In 2021, BlackLine's revenue was $425.71 million, an increase of 21.03% compared to the previous year's $351.74 million. Losses were -$115.16 million, 145.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for BL stock is "Buy." The 12-month stock price forecast is 84.35, which is an increase of 51.08% from the latest price.

Price Target
$84.35
(51.08% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BlackLine Announces Participation in Upcoming Piper Sandler Growth Frontiers Conference

LOS ANGELES, Aug. 30, 2022 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following investor conference:

4 weeks ago - GlobeNewsWire

BlackLine CEO Marc Huffman Named a Judge for 2022 Forbes Cloud 100

Since its inclusion in the first-ever Cloud 100 in 2016, BlackLine has gone public and continues to help companies around the world embrace modern accounting LOS ANGELES , Aug. 9, 2022 /PRNewswire/ -- B...

1 month ago - PRNewsWire

BlackLine (BL) Surpasses Q2 Earnings and Revenue Estimates

BlackLine (BL) delivered earnings and revenue surprises of 600% and 1.64%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

BlackLine Announces Second Quarter Financial Results

LOS ANGELES, Aug. 04, 2022 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the second quarter ended June 30, 2022.

1 month ago - GlobeNewsWire

BlackLine Named to The Software Report's 2022 Top 100 Software Companies List

Accounting automation software leader recognized for being a global industry leader with impressive customer and partner rosters LOS ANGELES , July 19, 2022 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) ...

2 months ago - PRNewsWire

BlackLine Announces Date for Second Quarter 2022 Earnings Release and Conference Call

LOS ANGELES, July 14, 2022 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the second quarter ended June 30, 2022 after market close on Thursd...

2 months ago - GlobeNewsWire

BlackLine Wins TrustRadius Top Rated 2022 Awards for Accounting, Financial Close and Accounts Receivable Automation

Accounting automation software leader recognized for convenience of centralized platform and outstanding customer support, as rated by its customers at leading software peer review platform LOS ANGELES ...

4 months ago - PRNewsWire

BlackLine (BL) Tops Q1 Earnings and Revenue Estimates

BlackLine (BL) delivered earnings and revenue surprises of 112.50% and 0.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

BlackLine Announces First Quarter Financial Results

LOS ANGELES, May 05, 2022 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the first quarter ended March 31, 2022.

4 months ago - GlobeNewsWire

Analysts Estimate BlackLine (BL) to Report a Decline in Earnings: What to Look Out for

BlackLine (BL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

BlackLine Modern Accounting Playbook (MAP) Available Worldwide

Global expansion includes Solution Provider Partner Program focused on MAP for mid-market customers in EMEA and APAC LOS ANGELES , April 26, 2022 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: BL) today annou...

5 months ago - PRNewsWire

BlackLine Announces Date for First Quarter 2022 Earnings Release and Conference Call

LOS ANGELES, April 07, 2022 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the first quarter ended March 31, 2022 after market close on Thurs...

5 months ago - GlobeNewsWire

BlackLine Chief People Officer Invited to Speak at Wellbeing at Work Summit US 2022

Susan Otto to discuss winning strategies for attracting and retaining talent in turbulent times LOS ANGELES, April 5, 2022 /PRNewswire/ -- Susan Otto, chief people officer at accounting automation softw...

5 months ago - PRNewsWire

BlackLine Awarded Controllers Council Seal of Approval for Financial Operations Management

Accounting automation software leader recognized for financial close, accounts receivable and intercompany financial management solutions LOS ANGELES, March 23, 2022 /PRNewswire/ -- BlackLine, Inc. (Nas...

6 months ago - PRNewsWire

Nominations Open for 2022 Modern Accounting Awards from BlackLine

Annual global awards program to recognize organizations that have embraced modern accounting to drive transformational outcomes LOS ANGELES, March 9, 2022 /PRNewswire/ -- Accounting automation software ...

6 months ago - PRNewsWire

BlackLine Announces Participation In Upcoming JMP Securities Technology Conference

LOS ANGELES, March 01, 2022 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following investor conference:

6 months ago - GlobeNewsWire

BLACKLINE WINS TWO 2022 SAP® PARTNER EXCELLENCE AWARDS FOR SOLUTION EXTENSIONS -- BEST CLOUD PERFORMANCE

Accounting automation software leader recognized for driving digital transformation for customers in both EMEA North and APJ; only partner in the category honored in each region LOS ANGELES, Feb. 23, 20...

7 months ago - PRNewsWire

BLACKLINE TAKES TOP SPOT FOR FINANCIAL CLOSE ON ANNUAL G2 LIST OF THE BEST SOFTWARE PRODUCTS

Accounting automation software leader ranked first in mid-market and enterprise segments by leading software peer review site LOS ANGELES, Feb. 15, 2022 /PRNewswire/ -- Leading online software marketpla...

7 months ago - PRNewsWire

Why BlackLine Stock Is in the Red Today

The financial software provider missed on Q4 earnings, and gave weak guidance for Q1.

7 months ago - The Motley Fool

BlackLine (BL) Misses Q4 Earnings Estimates

BlackLine (BL) delivered earnings and revenue surprises of -20% and 1.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

BlackLine Announces Fourth Quarter and Full Year Financial Results

LOS ANGELES, Feb. 10, 2022 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the fourth quarter and full-year ended December 31, 2021.

7 months ago - GlobeNewsWire

Earnings Preview: BlackLine (BL) Q4 Earnings Expected to Decline

BlackLine (BL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

BLACKLINE EXPANDS PARTNERSHIP WITH GOOGLE CLOUD TO BRING GREATER SCALABILITY AND INNOVATION TO FINANCE & ACCOUNTING O...

Industry leaders to collaborate on joint selling and go-to-market activities to bring world-class accounting automation solutions to leading companies worldwide LOS ANGELES, Feb. 2, 2022 /PRNewswire/ --...

7 months ago - PRNewsWire

BLACKLINE ACQUIRES FOURQ, REDEFINING INTERCOMPANY FINANCIAL MANAGEMENT

Acquisition strengthens BlackLine's intercompany accounting solutions, adding advanced tax and statutory reporting compliance capabilities to its financial operations management platform LOS ANGELES, Ja...

8 months ago - PRNewsWire

TRUSTRADIUS NAMES BLACKLINE 'BEST OF' IN FINANCIAL CLOSE AUTOMATION, AGAIN

Accounting automation software leader recognized for strong relationships and outstanding feature set, as rated by its customers at leading software peer reviews platform LOS ANGELES, Jan. 12, 2022 /PRN...

8 months ago - PRNewsWire