Cantor Fitzgerald Lowers BlackLine (NASDAQ:BL) Price Target to $50.00

BlackLine (NASDAQ:BL) had its target price dropped by stock analysts at Cantor Fitzgerald from $58.00 to $50.00 in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The firm currently has a “neutral” rating on the technology company’s stock. Cantor Fitzgerald’s price objective indicates a potential upside of 29.77% from the stock’s previous close.

Other analysts have also issued reports about the company. Rosenblatt Securities reissued a “buy” rating and issued a $62.00 price target on shares of BlackLine in a research note on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of BlackLine in a report on Monday, December 29th. Robert W. Baird reaffirmed a “neutral” rating and set a $55.00 price target (down previously from $64.00) on shares of BlackLine in a research report on Friday, November 7th. Citigroup reiterated an “outperform” rating on shares of BlackLine in a report on Tuesday. Finally, Piper Sandler upgraded BlackLine to a “hold” rating in a report on Monday, February 2nd. Six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $57.85.

BlackLine Price Performance

BlackLine stock opened at $38.53 on Wednesday. The company has a debt-to-equity ratio of 2.00, a current ratio of 1.47 and a quick ratio of 1.52. The stock has a market capitalization of $2.29 billion, a P/E ratio of 96.33, a P/E/G ratio of 7.91 and a beta of 0.86. The firm’s 50-day moving average is $53.18 and its two-hundred day moving average is $53.49. BlackLine has a 12-month low of $38.43 and a 12-month high of $59.57.

BlackLine (NASDAQ:BL) last released its earnings results on Tuesday, February 10th. The technology company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.58 by $0.05. BlackLine had a net margin of 3.50% and a return on equity of 18.14%. The firm had revenue of $183.18 million during the quarter, compared to analysts’ expectations of $182.98 million. During the same period in the previous year, the company earned $0.47 EPS. BlackLine’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. Equities analysts predict that BlackLine will post 0.9 earnings per share for the current year.

Institutional Investors Weigh In On BlackLine

Several institutional investors have recently bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new position in shares of BlackLine in the 3rd quarter valued at $25,000. Atlantic Union Bankshares Corp acquired a new stake in BlackLine in the 2nd quarter valued at $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in BlackLine in the 2nd quarter valued at $33,000. Versant Capital Management Inc raised its position in BlackLine by 110.4% in the third quarter. Versant Capital Management Inc now owns 667 shares of the technology company’s stock valued at $35,000 after purchasing an additional 350 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of BlackLine during the third quarter worth about $38,000. 95.13% of the stock is currently owned by hedge funds and other institutional investors.

More BlackLine News

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

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.