BlackLine (NASDAQ:BL) Updates FY 2025 Earnings Guidance

BlackLine (NASDAQ:BL) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.080-2.130 for the period, compared to the consensus estimate of 1.590. The company issued revenue guidance of $699.0 million-$701.0 million, compared to the consensus revenue estimate of $700.2 million. BlackLine also updated its Q4 2025 guidance to 0.580-0.610 EPS.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BL shares. Citigroup restated a “market outperform” rating on shares of BlackLine in a research note on Tuesday, October 28th. Robert W. Baird reissued a “neutral” rating and issued a $55.00 target price (down previously from $64.00) on shares of BlackLine in a report on Friday, November 7th. Zacks Research upgraded BlackLine from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. DA Davidson raised shares of BlackLine to a “hold” rating in a research report on Monday, November 10th. Finally, Morgan Stanley increased their price objective on shares of BlackLine from $68.00 to $73.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $61.23.

BlackLine Stock Up 0.6%

Shares of BL stock opened at $57.76 on Friday. The stock has a market cap of $3.44 billion, a P/E ratio of 52.04, a PEG ratio of 13.66 and a beta of 0.88. The company’s fifty day simple moving average is $56.28 and its two-hundred day simple moving average is $54.69. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 2.03. BlackLine has a 52 week low of $40.82 and a 52 week high of $66.25.

BlackLine (NASDAQ:BL) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.51. BlackLine had a net margin of 11.07% and a return on equity of 14.51%. The business had revenue of $178.29 million during the quarter, compared to the consensus estimate of $178.11 million. During the same quarter last year, the firm earned $0.60 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. BlackLine has set its FY 2025 guidance at 2.080-2.130 EPS and its Q4 2025 guidance at 0.580-0.610 EPS. Analysts predict that BlackLine will post 0.9 EPS for the current fiscal year.

Insider Activity

In related news, Director Thomas Unterman sold 910 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $55.00, for a total value of $50,050.00. Following the completion of the sale, the director directly owned 41,835 shares of the company’s stock, valued at $2,300,925. This represents a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 8.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of BlackLine by 5.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,670 shares of the technology company’s stock valued at $1,679,000 after buying an additional 1,814 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of BlackLine by 4.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,763 shares of the technology company’s stock worth $7,978,000 after acquiring an additional 7,228 shares in the last quarter. Intech Investment Management LLC lifted its position in BlackLine by 28.1% during the first quarter. Intech Investment Management LLC now owns 25,883 shares of the technology company’s stock valued at $1,253,000 after acquiring an additional 5,682 shares during the last quarter. Strs Ohio acquired a new stake in BlackLine in the first quarter valued at approximately $82,000. Finally, Invesco Ltd. grew its holdings in BlackLine by 36.6% in the second quarter. Invesco Ltd. now owns 235,263 shares of the technology company’s stock worth $13,321,000 after purchasing an additional 63,068 shares during the last quarter. 95.13% of the stock is currently owned by hedge funds and other institutional investors.

About BlackLine

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.