BlackLine (NASDAQ:BL) Earns “Buy” Rating from Rosenblatt Securities

BlackLine (NASDAQ:BL)‘s stock had its “buy” rating reissued by equities researchers at Rosenblatt Securities in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $62.00 target price on the technology company’s stock. Rosenblatt Securities’ target price suggests a potential upside of 60.91% from the stock’s current price.

A number of other analysts have also weighed in on BL. Robert W. Baird reissued a “neutral” rating and set a $55.00 price objective (down previously from $64.00) on shares of BlackLine in a research note on Friday, November 7th. Cantor Fitzgerald reiterated a “neutral” rating on shares of BlackLine in a report on Tuesday, December 16th. DA Davidson raised shares of BlackLine to a “hold” rating in a research report on Monday, November 10th. Weiss Ratings restated a “hold (c)” rating on shares of BlackLine in a research report on Monday, December 29th. Finally, Citigroup reaffirmed an “outperform” rating on shares of BlackLine in a research note on Tuesday. Six 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, the company has a consensus rating of “Hold” and a consensus price target of $57.85.

BlackLine Stock Performance

NASDAQ BL opened at $38.53 on Wednesday. The company has a 50-day simple moving average of $53.18 and a two-hundred day simple moving average of $53.49. BlackLine has a 12-month low of $38.43 and a 12-month high of $59.57. 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. 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 for the quarter, beating analysts’ consensus estimates of $0.58 by $0.05. The company had revenue of $183.18 million during the quarter, compared to analyst estimates of $182.98 million. BlackLine had a return on equity of 18.14% and a net margin of 3.50%.BlackLine’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $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. On average, equities analysts forecast that BlackLine will post 0.9 EPS for the current year.

Hedge Funds Weigh In On BlackLine

Hedge funds and other institutional investors have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC bought a new stake in BlackLine during the 3rd quarter valued at approximately $25,000. Atlantic Union Bankshares Corp purchased a new position in shares of BlackLine in the 2nd quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of BlackLine during the second quarter valued at approximately $33,000. Versant Capital Management Inc boosted its position in shares of BlackLine by 110.4% during 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 in the last quarter. Finally, MAI Capital Management grew its stake in BlackLine by 10,000.0% in the third quarter. MAI Capital Management now owns 707 shares of the technology company’s stock worth $38,000 after purchasing an additional 700 shares during the period. Hedge funds and other institutional investors own 95.13% of the company’s stock.

Key Headlines 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.