BlackLine, Inc. (BL)

NASDAQ: BL · IEX Real-Time Price · USD
57.34
-0.51 (-0.88%)
Apr 19, 2024, 3:59 PM EDT - Market closed
-0.88%
Market Cap 3.53B
Revenue (ttm) 590.00M
Net Income (ttm) 52.83M
Shares Out 61.52M
EPS (ttm) 0.81
PE Ratio 71.57
Forward PE 27.18
Dividend n/a
Ex-Dividend Date n/a
Volume 655,054
Open 57.59
Previous Close 57.85
Day's Range 56.49 - 58.54
52-Week Range 47.27 - 69.31
Beta 0.85
Analysts Hold
Price Target 62.38 (+8.79%)
Earnings Date May 2, 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 10 analysts, the average rating for BL stock is "Hold." The 12-month stock price forecast is $62.38, which is an increase of 8.79% from the latest price.

Price Target
$62.38
(8.79% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

3 days 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...

8 days 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,...

4 weeks 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...

5 weeks 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/...

7 weeks ago - PRNewsWire

BlackLine Announces Participation in Upcoming Investor Conferences

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

7 weeks ago - GlobeNewsWire

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...

2 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.

2 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...

2 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...

2 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...

2 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...

3 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 , ...

4 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...

5 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:

5 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.

6 months ago - GlobeNewsWire

BlackLine Announces Date for Third Quarter 2023 Earnings Release and Conference Call

LOS ANGELES, Oct. 19, 2023 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the third quarter ended September 30, 2023 after market close on ...

6 months ago - GlobeNewsWire

BlackLine Expands Connectivity and Unification with Microsoft Ecosystem for a Faster and More Efficient Financial Close and Consolidation

Newly added Microsoft Teams integration and enhanced Microsoft Dynamics 365 Connector deliver increased automation, control, and visibility LOS ANGELES , Oct. 16, 2023 /PRNewswire/ -- Digital finance ...

6 months ago - PRNewsWire

BlackLine Expands Accounts Receivable Automation Solutions with e-Invoice Presentment and Payment (EIPP)

Company's integrated Invoice-to-Cash solution, unveiled at BeyondTheBlack™ 2023, automates end-to-end accounts receivable processes to unleash working capital LOS ANGELES , Oct. 10, 2023 /PRNewswire/ ...

6 months ago - PRNewsWire

William 'Bill' Wagner Joins BlackLine Board of Directors

Former LogMeIn CEO brings extensive cloud, technology, and marketing expertise to help guide digital finance transformation leader LOS ANGELES , Oct. 2, 2023 /PRNewswire/ -- BlackLine, Inc. (Nasdaq: B...

7 months ago - PRNewsWire

BlackLine Names Human Resources Leader Mary Ainsworth as Chief People Officer

Cloud software industry veteran to continue to nurture and evolve customer-first organization built on innovation, agility, and inclusion LOS ANGELES , Sept. 26, 2023 /PRNewswire/ -- BlackLine, Inc. (...

7 months ago - PRNewsWire

BlackLine Launches AI-Enabled Intercompany Accounting Tool

BlackLine, a cloud finance software company, has begun the rollout of its artificial intelligence (AI)-enabled intercompany accounting capabilities.  This new solution, known as Intercompany Predictiv...

7 months ago - PYMNTS

BlackLine Announces Industry's First AI-Enabled Intercompany Accounting Capabilities

Intercompany Predictive Guidance significantly reduces transaction failure rates, eliminates costly rework, and expedites processing across the transaction lifecycle LOS ANGELES , Sept. 12, 2023 /PRNe...

7 months ago - PRNewsWire

BlackLine BeyondTheBlack™ 2023 to Feature James Hardie, Nodaway Valley Bank, Red Wing Shoes,and Starbucks Among 35+ Customers Speaking

Industry-leading customers, Deloitte, EY, and SAP to share insights on top-of-mind digital finance transformation topics, including the use of AI in Finance and Accounting LOS ANGELES , Sept. 11, 2023...

7 months ago - PRNewsWire

BlackLine Honors 2023 Modern Accounting Award Winners: CVS Health, Barentz, Kimberly-Clark, Premier Trailer Leasing, Nippon Express Holdings, and Boeing

Leading organizations from around the world recognized for embracing modern accounting to drive transformational outcomes LOS ANGELES , Aug. 30, 2023 /PRNewswire/ -- Digital finance transformation lea...

8 months ago - PRNewsWire