BlackLine (NASDAQ:BL – Get Free Report) updated its fourth quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.580-0.610 for the period, compared to the consensus earnings per share estimate of 0.520. The company issued revenue guidance of $182.0 million-$184.0 million, compared to the consensus revenue estimate of $183.4 million. BlackLine also updated its FY 2025 guidance to 2.080-2.130 EPS.
Wall Street Analyst Weigh In
BL has been the topic of a number of recent research reports. Zacks Research raised BlackLine from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. DA Davidson reaffirmed a “neutral” rating and issued a $56.00 price target on shares of BlackLine in a research report on Wednesday, August 6th. Raymond James Financial raised shares of BlackLine from a “market perform” rating to an “outperform” rating and set a $67.00 price target for the company in a research report on Tuesday, July 29th. Robert W. Baird reiterated a “neutral” rating and issued a $55.00 price target (down from $64.00) on shares of BlackLine in a report on Friday. Finally, BMO Capital Markets dropped their price objective on shares of BlackLine from $63.00 to $57.00 and set a “market perform” rating on the stock in a research note on Friday. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $60.50.
Check Out Our Latest Report on BlackLine
BlackLine Price Performance
BlackLine (NASDAQ:BL – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.51 EPS for the quarter, hitting analysts’ consensus estimates of $0.51. The firm had revenue of $178.29 million during the quarter, compared to analyst estimates of $178.11 million. BlackLine had a return on equity of 15.95% and a net margin of 13.05%.The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $0.60 EPS. BlackLine has set its FY 2025 guidance at 2.080-2.130 EPS. Q4 2025 guidance at 0.580-0.610 EPS. As a group, equities research analysts anticipate that BlackLine will post 0.9 earnings per share for the current year.
Insider Transactions at BlackLine
In other news, CAO Michelle D. Stalick sold 664 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $54.03, for a total value of $35,875.92. Following the transaction, the chief accounting officer owned 23,830 shares of the company’s stock, valued at approximately $1,287,534.90. This trade represents a 2.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas Unterman sold 910 shares of BlackLine stock in a transaction on Monday, October 27th. The stock was sold at an average price of $55.00, for a total transaction of $50,050.00. Following the sale, the director directly owned 41,835 shares of the company’s stock, valued at $2,300,925. This represents a 2.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 3,394 shares of company stock valued at $186,026. Corporate insiders own 8.60% of the company’s stock.
Institutional Trading of BlackLine
Institutional investors and hedge funds have recently modified their holdings of the stock. Jump Financial LLC bought a new stake in BlackLine in the second quarter valued at approximately $2,251,000. Holocene Advisors LP raised its position in shares of BlackLine by 11.2% during the second quarter. Holocene Advisors LP now owns 67,523 shares of the technology company’s stock worth $3,823,000 after purchasing an additional 6,798 shares during the period. Sone Capital Management LLC bought a new stake in BlackLine during the 2nd quarter worth approximately $5,511,000. Select Equity Group L.P. raised its holdings in BlackLine by 112.9% during the 2nd quarter. Select Equity Group L.P. now owns 209,711 shares of the technology company’s stock worth $11,874,000 after buying an additional 111,205 shares during the period. Finally, Public Sector Pension Investment Board grew its holdings in shares of BlackLine by 7.3% in the 2nd quarter. Public Sector Pension Investment Board now owns 176,366 shares of the technology company’s stock valued at $9,986,000 after acquiring an additional 11,939 shares in the last quarter. 95.13% of the stock is owned by institutional investors.
About BlackLine
BlackLine, Inc operates a cloud-based software platform which is designed to transform accounting and finance operations for organizations of all types and sizes. Its scalable platform supports critical accounting processes such as the financial close, account reconciliations, intercompany accounting, and controls assurance.
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