BlackLine (NASDAQ:BL) Releases FY 2026 Earnings Guidance

BlackLine (NASDAQ:BL) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.370-2.480 for the period, compared to the consensus estimate of 2.350. The company issued revenue guidance of $764.0 million-$768.0 million, compared to the consensus revenue estimate of $760.9 million. BlackLine also updated its Q1 2026 guidance to 0.440-0.460 EPS.

BlackLine Price Performance

Shares of BL stock traded down $2.30 during trading on Wednesday, hitting $42.03. The company had a trading volume of 748,826 shares, compared to its average volume of 1,103,571. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a market capitalization of $2.50 billion, a P/E ratio of 37.86, a price-to-earnings-growth ratio of 8.17 and a beta of 0.86. The stock’s 50-day moving average price is $53.91 and its 200 day moving average price is $53.67. BlackLine has a one year low of $40.82 and a one year high of $59.57.

BlackLine (NASDAQ:BL) last posted its quarterly earnings data on Tuesday, February 10th. The technology company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.05. The firm had revenue of $183.18 million for the quarter, compared to analyst estimates of $182.98 million. BlackLine had a return on equity of 14.51% and a net margin of 11.07%.The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $0.47 EPS. BlackLine has set its Q1 2026 guidance at 0.440-0.460 EPS and its FY 2026 guidance at 2.370-2.480 EPS. Equities analysts expect that BlackLine will post 0.9 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. BMO Capital Markets dropped their target price on shares of BlackLine from $63.00 to $57.00 and set a “market perform” rating for the company in a research report on Friday, November 7th. Cantor Fitzgerald lowered their price objective on shares of BlackLine from $58.00 to $50.00 and set a “neutral” rating for the company in a research report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of BlackLine in a research note on Monday, December 29th. Rosenblatt Securities reaffirmed a “buy” rating and set a $62.00 target price on shares of BlackLine in a research note on Wednesday. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $70.00 price target on shares of BlackLine in a report on Wednesday. Six investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $58.38.

More BlackLine News

Here are the key news stories impacting BlackLine this week:

• Positive Sentiment: Q4 results beat on key operating metrics: revenue rose ~8.1% to $183.2M, non‑GAAP EPS/non‑GAAP net income improved, and management reported record bookings and a larger remaining performance obligation — evidence of demand and traction for Studio360/Verity AI. Q4 & FY2025 Release
• Positive Sentiment: Wall Street support: several firms reaffirmed or maintained Buy/Outperform stances and raised targets (JMP/Citizens $70 PT, Rosenblatt $62, BofA $65), signaling analyst conviction around longer‑term upside. Analyst Notes (Benzinga) BofA Note
• Positive Sentiment: Improving unit economics and product progress: non‑GAAP operating margin jumped to ~24.7%, ARR retention at ~105%, expansion into new regions (FedRAMP listing, Saudi Arabia cloud footprint) and the WiseLayer AI acquisition support medium‑term margin and growth targets. Business Highlights
• Neutral Sentiment: Share repurchases continue: the company repurchased ~0.6M shares in Q4 (~$33.8M) and completed ~4.5M shares ($235.5M) in 2025, with remaining buyback capacity — supports EPS over time but is not an operational catalyst by itself. Buyback Details
• Neutral Sentiment: Operational disclosures are preliminary (results subject to final review) and the company emphasized disciplined execution — useful context but not immediate share‑moving news. Press Release (preliminary)
• Negative Sentiment: Near‑term guidance disappointed: Q1 FY2026 EPS guidance of $0.44–$0.46 and revenue $180M–$182M are well below Street Q1 EPS expectations, prompting downward pressure despite full‑year guidance that was slightly ahead of consensus. Guidance/Call
• Negative Sentiment: GAAP profitability and cash flow weakness: GAAP net income plunged year‑over‑year and operating cash flow/free cash flow declined materially in Q4, which raises short‑term liquidity and quality‑of‑earnings concerns for some investors. QuiverQuant Summary
• Negative Sentiment: Activist pressure: Engaged Capital launched a proxy fight targeting the board, which often leads to near‑term volatility and selling as investors reassess governance and strategy risks. Engaged Capital / Yahoo
• Negative Sentiment: Mixed analyst moves: Cantor Fitzgerald lowered its target to $50 and moved to Neutral, adding pressure amid the otherwise constructive analyst commentary. Cantor Fitzgerald Note

Hedge Funds Weigh In On BlackLine

Hedge funds have recently made changes to their positions in the stock. Balyasny Asset Management L.P. lifted its stake in BlackLine by 720.9% during the third quarter. Balyasny Asset Management L.P. now owns 191,695 shares of the technology company’s stock worth $10,179,000 after purchasing an additional 168,344 shares during the last quarter. Select Equity Group L.P. lifted its holdings in shares of BlackLine by 112.9% during the second quarter. Select Equity Group L.P. now owns 209,711 shares of the technology company’s stock valued at $11,874,000 after purchasing an additional 111,205 shares during the last quarter. Sone Capital Management LLC purchased a new stake in BlackLine during the 2nd quarter valued at about $5,511,000. Invesco Ltd. raised its holdings in BlackLine by 36.6% in the 2nd quarter. Invesco Ltd. now owns 235,263 shares of the technology company’s stock worth $13,321,000 after acquiring an additional 63,068 shares during the last quarter. Finally, HRT Financial LP purchased a new stake in shares of BlackLine during the second quarter valued at $2,920,000. 95.13% of the stock is currently owned by institutional investors.

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.