BlackLine
About: BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their critical processes, including financial close & consolidation, intercompany accounting, and invoice-to-cash. The majority of the revenue of the company is earned in the United States.
Employees: 1,830
0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
942% more call options, than puts
Call options by funds: $145M | Put options by funds: $13.9M
45% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 38
40% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 7 (+2) [Q4]
17% more capital invested
Capital invested by funds: $3.33B [Q3] → $3.89B (+$556M) [Q4]
16% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 93
5.21% more ownership
Funds ownership: 97.08% [Q3] → 102.29% (+5.21%) [Q4]
4% more funds holding
Funds holding: 288 [Q3] → 299 (+11) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
8%
downside
Avg. target
$58
34%
upside
High target
$75
72%
upside
8 analyst ratings
4 positive
50%
2 neutral
25%
2 negative
25%
Goldman Sachs Adam Hotchkiss 33% 1-year accuracy 8 / 24 met price target | 1%downside $43 | Sell Maintained | 17 Apr 2025 |
Morgan Stanley Chris Quintero 33% 1-year accuracy 2 / 6 met price target | 49%upside $65 | Overweight Maintained | 16 Apr 2025 |
DA Davidson William Jellison 40% 1-year accuracy 2 / 5 met price target | 26%upside $55 | Buy Maintained | 14 Apr 2025 |
Truist Securities Terry Tillman 38% 1-year accuracy 19 / 50 met price target | 8%downside $40 | Hold Maintained | 7 Apr 2025 |
Citigroup Steven Enders 33% 1-year accuracy 9 / 27 met price target | 61%upside $70 | Buy Maintained | 12 Feb 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
BlackLine Recognized in Report on Top AI Use Cases for Accounts Receivable Automation in 2025
LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), has been recognized in the recently published Forrester Report: Top AI Use Cases for Accounts Receivable Automation in 2025 . The report highlights key areas where artificial intelligence is transforming the accounts receivable (AR) function, with BlackLine cited for its capabilities in three essential categories: Collection Management, Explainability and Transparency, and Model Bias and Inaccuracy.
Neutral
GlobeNewsWire
1 month ago
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 Global and Regional Partner Awards, celebrating firms that have gone above and beyond in enabling organizations to achieve future-ready finance operations. This year's honorees are recognized for their deep expertise, strategic collaboration, and commitment to driving meaningful outcomes for joint customers.
Neutral
GlobeNewsWire
1 month ago
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 Scalar Gauge Fund (“Scalar Gauge”) to appoint a highly qualified and independent member to the Company's Board of Directors (the “Board”). In accordance with the agreement with Scalar Gauge, the Company will appoint Scott Davidson, no later than March 14, 2025.
Neutral
GlobeNewsWire
1 month ago
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:
Positive
Benzinga
1 month ago
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.
Neutral
GlobeNewsWire
1 month ago
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 presence in Bengaluru, India, reinforcing its commitment to global growth, operational scalability, and continuous, best-in-class customer support. Scaling to Meet Growing Demand Since establishing operations in Bengaluru in 2022, BlackLine has steadily expanded its teams in the region to meet increasing demand for its solutions.
Positive
Zacks Investment Research
1 month ago
EGHT vs. BL: Which Stock Is the Better Value Option?
Investors interested in stocks from the Internet - Software sector have probably already heard of 8x8 (EGHT) and BlackLine (BL). But which of these two stocks is more attractive to value investors?
Negative
Seeking Alpha
2 months ago
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 FY25 implies growth slowing further to a mere 7-8% range, well below the company's target goal of recovering growth to the mid-teens. BlackLine may be subject to vendor consolidation as its niche finance software faces sharp competition from broader platforms like SAP and Workday.
Positive
Zacks Investment Research
2 months ago
BlackLine (BL) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for BlackLine (BL) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Neutral
Seeking Alpha
2 months ago
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 Officer Therese Tucker - Co-Chief Executive Officers Patrick Villanova - Chief Accounting Officer Conference Call Participants Chris Quintero - Morgan Stanley Patrick Schulz - Baird Koji Ikeda - Bank of America Steve Enders - Citi Alex Sklar - Raymond James Daniel Jester - BMO Capital Markets Adam Hotchkiss - Goldman Sachs Patrick Walravens - Citizens Jake Roberge - William Blair Dominique Manansala - Truist Securities Operator Good day, and thank you for standing by. Welcome to the BlackLine Q4 2024 Earnings Conference Call.
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