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BlackLine, Inc. (BL)

NASDAQ: BL · IEX Real-Time Price · USD
108.96 0.83 (0.77%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap6.39B
Revenue (ttm)406.09M
Net Income (ttm)-95.14M
Shares Out58.66M
EPS (ttm)-1.64
PE Ration/a
Forward PE135.14
Dividendn/a
Ex-Dividend Daten/a
Volume410,182
Open107.63
Previous Close108.13
Day's Range105.60 - 110.32
52-Week Range98.06 - 154.61
Beta0.83
AnalystsBuy
Price Target139.90 (+28.4%)
Earnings DateNov 4, 2021

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 management solutions that include account reconciliations providing a centralized workspace from which users can collaborate to complete account reconciliations; transaction matching that analyzes and reconciles high volumes of individual transactions from different sources of data based upon user-configured logic; task management, which enables users to create and manage...

IndustrySoftware
IPO DateOct 28, 2016
Employees1,474
Stock ExchangeNASDAQ
Ticker SymbolBL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for BlackLine stock is "Buy." The 12-month stock price forecast is 139.90, which is an increase of 28.40% from the latest price.

Price Target
$139.90
(28.40% upside)
Analyst Consensus: Buy

News

BlackLine Announces Participation in Upcoming Virtual Investor Conference

LOS ANGELES, Nov. 30, 2021 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL) today announced that BlackLine's management team will participate in the following virtual investor conference:

1 week ago - GlobeNewsWire

Oracle ERP Users Win Big With BlackLine, According To Nucleus Research

Nucleus calculates Oracle ERP users achieve payback in under a year, generate $2.58 for every dollar invested, and cut closing times up to 90% with leading accounting automation platform LOS ANGELES, No...

3 weeks ago - PRNewsWire

Only 14% Of Global CFOs Confident That Finance Function Has Skills Needed For Growth Post Pandemic

Research from BlackLine suggests Finance and Accounting is struggling to keep up with the pace of digital transformation across the wider business LOS ANGELES, LONDON, SINGAPORE and SYDNEY, Nov. 9, 2021...

4 weeks ago - PRNewsWire

This Software-as-a-Service Stock Makes Quarterly Accounting a Thing of the Past

Management can view how the business is doing at any moment.

4 weeks ago - The Motley Fool

BlackLine (BL) Q3 Earnings and Revenues Beat Estimates

BlackLine (BL) delivered earnings and revenue surprises of 118.18% and 2.26%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

BlackLine Announces Third Quarter Financial Results

LOS ANGELES, Nov. 04, 2021 (GLOBE NEWSWIRE) -- BlackLine, Inc . (Nasdaq: BL), today announced financial results for the third quarter ended September 30, 2021.

1 month ago - GlobeNewsWire

Earnings Preview: BlackLine (BL) Q3 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.

1 month ago - Zacks Investment Research

BlackLine Raises The Bar Again, Unveiling Next Generation Unified Platform For Accounts Receivable Automation

Comprehensive suite of solutions helps customers unleash working capital and accelerate their journeys to modern accounting and financial operations excellence LOS ANGELES and LONDON, Oct. 27, 2021 /PRN...

1 month ago - PRNewsWire

Atlantic Union Bank, Creditsafe, Dentsu, Flowers Bakeries And FWD Insurance Honored With 2021 Modern Accounting Award...

Leading midsize and enterprise organizations from around the world and across multiple industries recognized for embracing modern accounting to drive transformational outcomes LOS ANGELES, Oct. 26, 2021...

1 month ago - PRNewsWire

$5,000 Invested in These 3 Stocks Could Make You Rich Over the Next 20 Years

These mid-cap growth stocks could deliver big returns for your retirement account.

Other symbols:AYXSPLK
1 month ago - The Motley Fool

Chobani, Heineken, OpenText, SiriusXM And Walgreens Boots Alliance Among 20+ Customers Speaking At BeyondTheBlack 2021

15,000+ registrants expected to hear digital finance transformation and accounting automation best practices from customers, Big 4 and SAP® at BlackLine annual user conference LOS ANGELES, Oct. 20, 2021...

1 month ago - PRNewsWire

Why You Should Give BlackLine the Green Light

This unknown AI automation company could see incredible growth in the automation revolution.

1 month ago - The Motley Fool

'Great opportunity in the long tail of cloud software,' Piper Sandler analyst says

Brent Bracelin, Piper Sandler sr. research analyst, joins 'TechCheck' to discuss Piper Sandler's cloud names to watch.

Other symbols:COUPCRMNCNOTWLO
1 month ago - CNBC Television

TrustRadius Names BlackLine a 2021 Tech Cares Award Winner for Demonstrating Strong Corporate Social Responsibility

Accounting automation software leader recognized for fostering an environment of diversity, equity and inclusion and giving back to the community LOS ANGELES, Oct. 6, 2021 /PRNewswire/ -- Accounting aut...

2 months ago - PRNewsWire

BlackLine Announces Date for Third Quarter 2021 Earnings Release and Conference Call

LOS ANGELES, Oct. 05, 2021 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the third quarter ended September 30, 2021 after market close on Th...

2 months ago - GlobeNewsWire

BlackLine CMO Andres Botero Invited To Speak At SaaStr Annual 2021

B2B cloud software marketing veteran to share best practices for pioneering a market categoryand building a leadership position via industry analyst firm engagement LOS ANGELES, Sept. 15, 2021 /PRNewswi...

2 months ago - PRNewsWire

BlackLine Surpasses 1,000 Customers Running On Oracle ERPs

15 of the Fortune 25 using BlackLine to automate key finance and accounting processes, with many operating in a multiple-ERP environment that includes Oracle ERPs LOS ANGELES, Sept. 9, 2021 /PRNewswire/...

2 months ago - PRNewsWire

BlackLine (BL) Q2 Earnings and Revenues Beat Estimates

BlackLine (BL) delivered earnings and revenue surprises of 87.50% and 1.12%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Why BlackLine (BL) Could Beat Earnings Estimates Again

BlackLine (BL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 months ago - Zacks Investment Research

BlackLine Ceo Marc Huffman Named a Judge for 2021 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, July 29, 2021 /PRNewswire/ -- B...

4 months ago - PRNewsWire

Nominations Open for 2021 Modern Accounting Awards from Blackline

Annual global awards program to recognize organizations that have embraced modern accounting to drive transformational outcomes LOS ANGELES, July 27, 2021 /PRNewswire/ -- Accounting automation software ...

4 months ago - PRNewsWire

BlackLine, Kybria, Partner To Accelerate Bank Connectivity

Accounting automation software maker BlackLine said Tuesday (July 20) it is working with Kyriba, which provides cloud-based finance and IT solutions, to streamline digitization for chief financial offic...

4 months ago - PYMNTS

BlackLine and Kyriba Partner to Streamline Digitalization of the Office of the CFO

Joint solution accelerates bank connectivity, enabling greater financial close and accounts receivable process automation for customers LOS ANGELES and SAN DIEGO, July 20, 2021 /PRNewswire/ -- Accountin...

4 months ago - PRNewsWire

BlackLine Named to The Software Report's 2021 Top 100 Software Companies List

Accounting automation software provider ranked number 20; recognized for being a global industry leader with impressive customer and partner rosters LOS ANGELES, July 15, 2021 /PRNewswire/ -- BlackLine,...

4 months ago - PRNewsWire

BlackLine Announces Date for Second Quarter 2021 Earnings Release and Conference Call

LOS ANGELES, July 08, 2021 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) announced today that it will release financial results for the second quarter ended June 30, 2021 after market close on Thursd...

5 months ago - GlobeNewsWire