BlackLine (NASDAQ:BL) Receives “Market Outperform” Rating from Citizens Jmp

Citizens Jmp reissued their market outperform rating on shares of BlackLine (NASDAQ:BL) in a research report report published on Wednesday,Benzinga reports. Citizens Jmp currently has a $70.00 target price on the technology company’s stock.

Several other brokerages also recently weighed in on BL. Rosenblatt Securities reaffirmed a “buy” rating and set a $62.00 price target on shares of BlackLine in a report on Wednesday. Piper Sandler upgraded shares of BlackLine to a “hold” rating in a research report on Monday, February 2nd. DA Davidson upgraded BlackLine to a “hold” rating in a report on Monday, November 10th. Morgan Stanley reissued an “overweight” rating and issued a $68.00 target price on shares of BlackLine in a report on Wednesday. Finally, Robert W. Baird set a $50.00 price objective on shares of BlackLine in a research report on Wednesday. Six equities research 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’s stock. Based on data from MarketBeat.com, BlackLine presently has a consensus rating of “Hold” and a consensus target price of $57.85.

BlackLine Trading Down 5.1%

Shares of BL stock traded down $2.15 on Wednesday, hitting $39.76. The stock had a trading volume of 287,591 shares, compared to its average volume of 1,129,398. 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 $2.36 billion, a P/E ratio of 99.88, a P/E/G ratio of 8.42 and a beta of 0.86. The company’s 50 day moving average price is $53.57 and its 200-day moving average price is $53.59. BlackLine has a 1 year low of $39.68 and a 1 year high of $59.57.

BlackLine (NASDAQ:BL) last announced 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. BlackLine had a return on equity of 17.50% and a net margin of 3.50%.The business had revenue of $183.18 million during the quarter, compared to the consensus estimate of $182.98 million. During the same period in the previous year, the company posted $0.47 earnings per share. The business’s revenue for the quarter 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. Analysts anticipate that BlackLine will post 0.9 earnings per share for the current year.

Hedge Funds Weigh In On BlackLine

Large investors have recently bought and sold shares of the company. Federated Hermes Inc. lifted its position in shares of BlackLine by 228.3% in the 3rd quarter. Federated Hermes Inc. now owns 134,524 shares of the technology company’s stock worth $7,143,000 after purchasing an additional 93,544 shares during the period. Advantage Alpha Capital Partners LP boosted its position in shares of BlackLine by 9.9% during the second quarter. Advantage Alpha Capital Partners LP now owns 82,601 shares of the technology company’s stock valued at $4,677,000 after buying an additional 7,470 shares during the last quarter. Hussman Strategic Advisors Inc. purchased a new stake in BlackLine in the 3rd quarter valued at $2,230,000. Gagnon Securities LLC lifted its stake in BlackLine by 10.6% during the 3rd quarter. Gagnon Securities LLC now owns 278,919 shares of the technology company’s stock valued at $14,811,000 after acquiring an additional 26,678 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new position in BlackLine during the 3rd quarter worth $1,101,000. 95.13% of the stock is currently owned by institutional investors.

BlackLine News Roundup

Here are the key news stories impacting BlackLine this week:

• Positive Sentiment: Record bookings, margin improvement and strategic AI push: BlackLine reported Q4 revenue of $183.2M (+8.1%), a non‑GAAP operating margin of 24.7% (vs 18.1% a year ago), highlighted record bookings and announced the WiseLayer AI acquisition and Studio360/Verity AI progress — signs of product momentum and improving profitability. BlackLine Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Buy‑side support on fundamentals: Several analysts reiterated buy/overweight ratings after the quarter, citing the beat and improving profitability as reasons to stay constructive. BlackLine: Solid Q4 Beat… Supports Buy Rating
• Neutral Sentiment: Platform adoption / growth outlook: Management guided FY26 revenue to $764–768M (roughly in line or slightly above consensus) and targets ~9–9.6% revenue growth as platform ARR adoption accelerates — a multi‑quarter growth story but not an immediate upside trigger. Q4 2025 earnings call transcript
• Neutral Sentiment: Earnings call: management emphasized disciplined execution and enterprise focus; call showed product/GT‑M traction but also flagged near‑term variability — mixed signals for near‑term trading. Earnings Call Shows Strength Amid Mixed Signals
• Negative Sentiment: Q1 EPS guide missed street expectations: BlackLine guided Q1 FY26 non‑GAAP EPS to $0.44–0.46, well below the ~$0.55 consensus — the primary catalyst for today’s weakness as investors reprice near‑term earnings. BlackLine (BL) stock trades down, here is why
• Negative Sentiment: GAAP profitability and cash flow pressure: Q4 GAAP net income plunged year‑over‑year and operating cash flow/f‑cash declined materially — raises near‑term liquidity and earnings quality concerns for conservative investors. QuiverQuant Q4 coverage
• Negative Sentiment: Analyst cuts and lower price targets: Several shops trimmed forecasts and reduced targets after the guide (Citigroup, Cantor Fitzgerald and others), increasing near‑term selling pressure despite some firms maintaining buy ratings. These Analysts Slash Their Forecasts On BlackLine

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.