BlackLine (NASDAQ:BL) Receives $40.08 Consensus Target Price from Analysts

Posted by Brenda Bartman on Sep 18th, 2026

Shares of BlackLine (NASDAQ:BL – Get Free Report) have received a consensus recommendation of “Hold” from the fifteen research firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $40.0833.

A number of equities analysts recently issued reports on BL shares. Piper Sandler lowered their price target on BlackLine from $37.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. DA Davidson set a $30.00 target price on shares of BlackLine in a report on Thursday, July 9th. Robert W. Baird set a $35.00 target price on shares of BlackLine in a research report on Wednesday, August 5th. Cantor Fitzgerald reiterated a “neutral” rating and set a $36.00 price target on shares of BlackLine in a research note on Wednesday, August 5th. Finally, Wall Street Zen cut shares of BlackLine from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th.

Read Our Latest Research Report on BL

Insider Transactions at BlackLine

In other news, CAO Michelle D. Stalick sold 780 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $33.65, for a total value of $26,247.00. Following the completion of the sale, the chief accounting officer directly owned 34,712 shares of the company’s stock, valued at approximately $1,168,058.80. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Therese Tucker sold 70,000 shares of BlackLine stock in a transaction on Monday, August 24th. The shares were sold at an average price of $31.96, for a total transaction of $2,237,200.00. Following the completion of the transaction, the director directly owned 381,557 shares in the company, valued at $12,194,561.72. The trade was a 15.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.10% of the stock is owned by corporate insiders.

Institutional Trading of BlackLine

A number of large investors have recently bought and sold shares of the business. Optiver Holding B.V. raised its stake in BlackLine by 13,828.6% during the 1st quarter. Optiver Holding B.V. now owns 975 shares of the technology company’s stock valued at $36,000 after acquiring an additional 968 shares during the last quarter. Leonteq Securities AG grew its stake in shares of BlackLine by 1,019.6% in the 1st quarter. Leonteq Securities AG now owns 1,086 shares of the technology company’s stock valued at $40,000 after purchasing an additional 989 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of BlackLine by 306.7% in the 4th quarter. Global Retirement Partners LLC now owns 1,220 shares of the technology company’s stock valued at $67,000 after purchasing an additional 920 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of BlackLine by 467.0% in the 1st quarter. Parallel Advisors LLC now owns 2,030 shares of the technology company’s stock valued at $75,000 after purchasing an additional 1,672 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in shares of BlackLine by 236.2% in the fourth quarter. Hantz Financial Services Inc. now owns 1,439 shares of the technology company’s stock valued at $80,000 after purchasing an additional 1,011 shares during the period. Institutional investors and hedge funds own 95.13% of the company’s stock.

BlackLine Trading Up 1.2%

Shares of BL stock opened at $28.50 on Friday. BlackLine has a fifty-two week low of $24.70 and a fifty-two week high of $59.57. The company has a 50 day moving average price of $30.56 and a 200 day moving average price of $31.19. The company has a debt-to-equity ratio of 2.12, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a market capitalization of $1.66 billion, a P/E ratio of 50.00, a price-to-earnings-growth ratio of 1.87 and a beta of 0.66.

BlackLine (NASDAQ:BL – Get Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.04. BlackLine had a return on equity of 20.89% and a net margin of 4.75%.The firm had revenue of $187.82 million during the quarter, compared to analyst estimates of $186.99 million. During the same period last year, the business posted $0.51 earnings per share. BlackLine’s revenue was up 9.1% compared to the same quarter last year. BlackLine has set its FY 2026 guidance at 2.470-2.540 EPS and its Q3 2026 guidance at 0.620-0.650 EPS. Equities research analysts predict that BlackLine will post 0.98 EPS for the current fiscal year.

About BlackLine

(Get Free Report)

BlackLine, Inc (NASDAQ: BL) provides cloud-based software designed to automate and modernize finance and accounting operations. Its platform helps organizations manage processes that traditionally rely on spreadsheets, manual data entry and disconnected systems, with an emphasis on improving efficiency, visibility and control.

The company’s products support financial close and consolidation, account reconciliations, transaction matching, intercompany accounting, accounts receivable automation, cash application, invoice-to-cash processes, lease accounting and accounting task management.