BlackLine (NASDAQ:BL) Earns Market Outperform Rating from Citizens Jmp

BlackLine (NASDAQ:BL)‘s stock had its “market outperform” rating reiterated by stock analysts at Citizens Jmp in a report issued on Wednesday,Benzinga reports. They presently have a $70.00 price objective on the technology company’s stock. Citizens Jmp’s price objective would suggest a potential upside of 81.68% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the stock. Cantor Fitzgerald decreased their price target on shares of BlackLine from $58.00 to $50.00 and set a “neutral” rating for the company in a research note on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and issued a $68.00 target price on shares of BlackLine in a research report on Wednesday. Citigroup reiterated an “outperform” rating on shares of BlackLine in a research note on Tuesday. Piper Sandler upgraded shares of BlackLine to a “hold” rating in a research note on Monday, February 2nd. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $62.00 target price on shares of BlackLine in a research report on Wednesday. Six analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $57.85.

BlackLine Trading Down 8.0%

Shares of NASDAQ:BL opened at $38.53 on Wednesday. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 96.33, a PEG ratio of 7.91 and a beta of 0.86. BlackLine has a 12 month low of $38.43 and a 12 month high of $59.57. The company’s fifty day simple moving average is $53.18 and its 200 day simple moving average is $53.49. The company has a quick ratio of 1.52, a current ratio of 1.47 and a debt-to-equity ratio of 2.00.

BlackLine (NASDAQ:BL) last released its earnings results on Tuesday, February 10th. The technology company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.05. The firm had revenue of $183.18 million during the quarter, compared to analysts’ expectations of $182.98 million. BlackLine had a return on equity of 18.14% and a net margin of 3.50%.The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior 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. As a group, research analysts forecast that BlackLine will post 0.9 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Norges Bank bought a new stake in shares of BlackLine during the 4th quarter worth $80,787,000. Geneva Capital Management LLC grew its position in 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 period. Dimensional Fund Advisors LP grew its position in BlackLine by 2.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 882,078 shares of the technology company’s stock valued at $48,776,000 after buying an additional 23,943 shares during the period. Schwartz Investment Counsel Inc. increased its holdings in 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 buying an additional 100,000 shares during the last quarter. Finally, Ensign Peak Advisors Inc increased its holdings 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 worth $29,461,000 after buying an additional 500,000 shares during the last quarter. Institutional investors own 95.13% of the company’s stock.

Key Stories Impacting BlackLine

Here are the key news stories impacting BlackLine this week:

• Positive Sentiment: Q4 results modestly beat expectations — EPS $0.63 vs. $0.58 and revenue $183.2M roughly in line with estimates; management is targeting ~9–9.6% revenue growth for FY2026, indicating accelerating platform adoption. BlackLine Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Several analysts reaffirmed buy/outperform ratings and price targets (e.g., BofA $65, Rosenblatt $62, Citizens Jmp $70), signaling continued conviction in multi-year growth/AI transition potential. BlackLine: Solid Q4 Beat…
• Neutral Sentiment: Investor materials and deep-dive coverage (earnings slides, call transcripts, and platform/AI narrative) provide more detail but contain mixed signals on near-term acceleration vs. margin progress. Q4 Results Presentation Earnings Call Transcript
• Neutral Sentiment: Short-interest reports in the feed show zeros/NaN increases — likely a data or reporting anomaly and not meaningful evidence of a rising short position.
• Negative Sentiment: Several firms cut price targets or trimmed forecasts after the print (Citigroup cut PT from $70→$60; Cantor Fitzgerald lowered PT to $50), and some analysts publicly reduced estimates — adding downward pressure despite the beat. These Analysts Slash Their Forecasts On BlackLine
• Negative Sentiment: Technical and valuation headwinds — BL is trading below its 50- and 200-day moving averages, has a high P/E (~96) and elevated PEG (~8.4), making the name sensitive to any growth disappointment; elevated intraday volume indicates distribution. BlackLine stock trades down, here is why
• Negative Sentiment: Market commentary characterized the earnings call as “strength amid mixed signals,” implying caution: positives on platform adoption but questions about near-term cadence and margins. Earnings Call Shows Strength Amid Mixed Signals

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.