BlackLine, Inc. (BL) AI Stock Analysis

BlackLine, Inc. offers cloud-based solutions designed to automate and optimize accounting and finance operations globally. Headquartered in Woodland Hills, California, the company specializes in financial close management, including account reconciliations, transaction matching, task management, and journal entry capabilities. Its platform also provides variance analysis and consolidation integrity management. In addition, BlackLine delivers compliance solutions with project management tools and controls testing, alongside accounts receivable automation that covers cash application, credit management, collections, and disputes management. It serves multinational corporations, large domestic enterprises, and mid-market companies.

BlackLine achieved a 5-year revenue CAGR of 14.8% from FY2020 to FY2025. Annual revenue expanded from $425.7M in FY2021 to $700.4M in FY2025, though annual revenue growth moderated from 21.0% in FY2021 to 7.2% in FY2025. Gross margin held at 75.2% in FY2025, while operating margin improved to 4.8%. After reporting net income of -$115.2M in FY2021 and -$29.4M in FY2022, net income reached $24.5M in FY2025, down from $161.2M in FY2024. For the trailing twelve months ended June 30, 2026, revenue stood at $732.4M with a profit margin of 4.8%. In the latest quarter ended June 30, 2026, quarterly revenue grew 9.2% year-over-year, and quarterly earnings grew 101.6% year-over-year.

As of June 30, 2026, BlackLine held $527.8M in cash and short-term investments and $690.7M in total debt, resulting in net debt of $163.0M. Total assets stood at $1.47B against shareholders' equity of $316.2M. The company maintains a current ratio of 1.72 and a debt-to-equity ratio of 2.18. In FY2025, BlackLine generated operating cash flow of $169.6M and spent $8.1M on capital expenditures, yielding $161.5M in free cash flow. Cash was deployed into $235.5M of share buybacks in FY2025.

Trading at $29.80 as of October 16, 2026, BlackLine carries a market capitalization of $1.73B and an enterprise value of $1.80B. The stock trades at a trailing P/E of 52.3x and a forward P/E of 48.5x, above the median of its US-listed Technology peers at 28.1x and 18.8x, respectively. Its enterprise value-to-EBITDA sits at 17.1x compared to the peer median of 16.6x, while its price-to-sales of 2.4x trails the peer median of 2.8x. Over the past year, BlackLine returned -40.1%, underperforming the S&P 500 return of 16.8%. Over five years, the stock dropped 75.8% compared to an 83.0% gain for the S&P 500.

Wall Street coverage includes 1 Strong Buy, 2 Buy, 7 Hold, and 2 Sell ratings. The mean price target is $38.10, representing 27.9% above the last close of $29.80. For the fiscal year ending December 31, 2026, analysts estimate revenue of $766.8M and EPS of $2.49, implying 16.9% EPS growth. For the next fiscal year, 12 analysts project revenue of $846.7M and EPS of $2.76. BlackLine beat EPS estimates in 2 of the last 4 quarters, with its next earnings report scheduled for November 5, 2026.

This page is an AI-written research summary of BlackLine, Inc. (BL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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