BlackLine Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 95/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 60.90.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
BlackLine Inc's Score
Industry at a Glance
Industry Ranking
95 / 482
Overall Ranking
161 / 4562
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
16
analysts
Hold
Current Rating
60.899
Target Price
+5.62%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
BlackLine Inc Highlights
StrengthsRisks
BlackLine, Inc. provides a unified, scalable, and flexible platform tailored to the needs of the Office of the Chief Financial Officer (CFO) and delivers purpose-built applications. The Company's comprehensive platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified data, streamlined and optimized processes, and real-time insight through visibility, automation, and artificial intelligence (AI). Its cloud-based applications, powered by its BlackLine Studio360 Platform, include account reconciliations, transaction matching, task management, financial reporting analytics, journal entry, variance analysis, compliance, credit & risk management, collections management, electronic invoicing & payments, intercompany create, intercompany balance & resolve, and intercompany net & settle. Its BlackLine Studio360 Platform includes Studio360 Integrate, Studio360 Orchestrate, Studio360 Visualize, Studio360 Blueprint and Studio360 Control.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 24.94% year-on-year.
Fairly Valued
The company’s latest PE is 47.07, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 63.16M shares, decreasing 0.05% quarter-over-quarter.
BlackLine, Inc. provides a unified, scalable, and flexible platform tailored to the needs of the Office of the Chief Financial Officer (CFO) and delivers purpose-built applications. The Company's comprehensive platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified data, streamlined and optimized processes, and real-time insight through visibility, automation, and artificial intelligence (AI). Its cloud-based applications, powered by its BlackLine Studio360 Platform, include account reconciliations, transaction matching, task management, financial reporting analytics, journal entry, variance analysis, compliance, credit & risk management, collections management, electronic invoicing & payments, intercompany create, intercompany balance & resolve, and intercompany net & settle. Its BlackLine Studio360 Platform includes Studio360 Integrate, Studio360 Orchestrate, Studio360 Visualize, Studio360 Blueprint and Studio360 Control.
Ticker SymbolBL
CompanyBlackLine Inc
CEORyan (Owen)
Websitehttps://www.blackline.com/
FAQs
What is the current price of BlackLine Inc (BL)?
The current price of BlackLine Inc (BL) is 57.730.
What is the symbol of BlackLine Inc?
The ticker symbol of BlackLine Inc is BL.
What is the 52-week high of BlackLine Inc?
The 52-week high of BlackLine Inc is 66.250.
What is the 52-week low of BlackLine Inc?
The 52-week low of BlackLine Inc is 40.824.
What is the market capitalization of BlackLine Inc?
The market capitalization of BlackLine Inc is 3.46B.
What is the net income of BlackLine Inc?
The net income of BlackLine Inc is 161.17M.
Is BlackLine Inc (BL) currently rated as Buy, Hold, or Sell?
According to analysts, BlackLine Inc (BL) has an overall rating of Hold, with a price target of 60.899.
What is the Earnings Per Share (EPS TTM) of BlackLine Inc (BL)?
The Earnings Per Share (EPS TTM) of BlackLine Inc (BL) is 1.220.