BlackLine (NASDAQ:BL) Receives Buy Rating from Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of BlackLine (NASDAQ:BL) in a report released on Wednesday,Benzinga reports. They currently have a $62.00 price target on the technology company’s stock.

Other equities analysts also recently issued reports about the stock. Robert W. Baird reissued a “neutral” rating and issued a $55.00 price target (down from $64.00) on shares of BlackLine in a research note on Friday, November 7th. DA Davidson raised shares of BlackLine to a “hold” rating in a research report on Monday, November 10th. Morgan Stanley lifted their target price on BlackLine from $68.00 to $73.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. BMO Capital Markets decreased their price objective on shares of BlackLine from $63.00 to $57.00 and set a “market perform” rating for the company in a report on Friday, November 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of BlackLine in a research report on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, BlackLine currently has an average rating of “Hold” and an average price target of $57.85.

BlackLine Price Performance

Shares of NASDAQ:BL opened at $41.90 on Wednesday. The company’s fifty day moving average price is $53.57 and its 200-day moving average price is $53.59. BlackLine has a one year low of $40.82 and a one year high of $59.57. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.52 and a quick ratio of 1.52. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 104.75, a PEG ratio of 8.42 and a beta of 0.86.

BlackLine (NASDAQ:BL) last announced its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.05. BlackLine had a net margin of 3.50% and a return on equity of 17.50%. The firm had revenue of $183.18 million during the quarter, compared to analyst estimates of $182.98 million. During the same period in the previous year, the business posted $0.47 EPS. The business’s quarterly revenue was up 8.1% on a year-over-year basis. BlackLine has set its Q1 2026 guidance at 0.440-0.460 EPS and its FY 2026 guidance at 2.370-2.480 EPS. On average, equities research analysts anticipate that BlackLine will post 0.9 earnings per share for the current fiscal year.

Hedge Funds Weigh In On BlackLine

Hedge funds have recently made changes to their positions in the business. Norges Bank bought a new stake in BlackLine during the 4th quarter valued at approximately $80,787,000. Geneva Capital Management LLC raised its position in shares of BlackLine by 5.6% during the second quarter. Geneva Capital Management LLC now owns 924,325 shares of the technology company’s stock valued at $52,335,000 after buying an additional 49,292 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of BlackLine by 0.6% during the third quarter. Dimensional Fund Advisors LP now owns 858,135 shares of the technology company’s stock valued at $45,566,000 after buying an additional 4,708 shares during the last quarter. Schwartz Investment Counsel Inc. boosted its position in shares of BlackLine by 16.9% during the third quarter. Schwartz Investment Counsel Inc. now owns 690,000 shares of the technology company’s stock worth $36,639,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Ensign Peak Advisors Inc grew its stake in BlackLine by 2,460.0% during the second quarter. Ensign Peak Advisors Inc now owns 520,325 shares of the technology company’s stock valued at $29,461,000 after acquiring an additional 500,000 shares in the last quarter. Institutional investors own 95.13% of the company’s stock.

BlackLine News Roundup

Here are the key news stories impacting BlackLine this week:

• Positive Sentiment: Q4 non‑GAAP results, record bookings and margin improvement validate the platform strategy; management highlighted Studio360 adoption, Verity AI and strategic moves that support medium‑term growth. BlackLine Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Platform/AI transition highlighted in deep dive coverage — management argues platform pricing ARR, the WiseLayer acquisition and AI features (Verity) will drive higher long‑term ARR and retention. BL Q4 Deep Dive: Platform Model, Enterprise Focus, and AI Transition Drive Results
• Neutral Sentiment: Management hosted an earnings call and published transcripts/slide deck — commentary showed operational progress but contained cautious language about execution and timing, leaving room for differing analyst interpretations. BlackLine, Inc. (BL) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q1 guidance disappointed: management set Q1 FY26 non‑GAAP EPS of $0.44–$0.46 (well below Street expectations ~$0.55) and revenue guidance roughly flat to consensus — that near‑term softness is the main reason the stock is trading down. BlackLine (BL) stock trades down, here is why
• Negative Sentiment: GAAP net income and operating/free cash flow fell sharply year‑over‑year (GAAP net income plunged; operating cash flow and FCF down materially), which raises near‑term liquidity and valuation concerns despite non‑GAAP strength. BlackLine Inc. (BL) Releases Q4 2025 Earnings: Revenue Up but EPS Misses, Net Income Plummets
• Negative Sentiment: Analysts reacted: several firms trimmed forecasts/price targets or reiterated cautious ratings after the mixed print and soft Q1 guide, increasing near‑term selling pressure. These Analysts Slash Their Forecasts On BlackLine Following Q4 Results
• Negative Sentiment: Activist investor Engaged Capital has launched a proxy campaign targeting BlackLine’s board as shares lag some analyst valuations — adds governance risk and near‑term volatility. Engaged Capital Targets BlackLine Board As Shares Lag Analyst Valuations

BlackLine Company Profile

BlackLine, Inc is a leading provider of cloud-based software solutions designed to automate and modernize the finance and accounting function. The company’s flagship offering, the BlackLine Finance Controls and Automation Platform, enables organizations to streamline critical processes such as account reconciliations, journal entry management, intercompany accounting, and transaction matching. By delivering a centralized, real-time view of financial data, BlackLine helps companies improve operational efficiency, enhance compliance and strengthen internal controls.

Key products and services within the BlackLine platform include Account Reconciliation, Task Management, Transaction Matching, Journal Entry, and Intercompany Hub.