BlackLine (NASDAQ:BL – Get Free Report) updated its fourth quarter 2025 earnings guidance on Friday. The company provided EPS guidance of 0.580-0.610 for the period, compared to the consensus EPS estimate of 0.460. The company issued revenue guidance of $182.0 million-$184.0 million, compared to the consensus revenue estimate of $183.0 million. BlackLine also updated its FY 2025 guidance to 2.080-2.130 EPS.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on BL shares. JMP Securities reiterated a “market outperform” rating and set a $80.00 price target on shares of BlackLine in a report on Thursday, September 11th. Weiss Ratings restated a “hold (c)” rating on shares of BlackLine in a research report on Monday. Citigroup reiterated a “market outperform” rating on shares of BlackLine in a report on Tuesday, October 28th. BMO Capital Markets decreased their price target on BlackLine from $63.00 to $57.00 and set a “market perform” rating for the company in a research note on Friday, November 7th. Finally, Rosenblatt Securities initiated coverage on BlackLine in a report on Tuesday, December 2nd. They set a “buy” rating and a $65.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $61.23.
Check Out Our Latest Stock Analysis on BlackLine
BlackLine Price Performance
BlackLine (NASDAQ:BL – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.51 earnings per share for the quarter, meeting the consensus estimate of $0.51. BlackLine had a net margin of 11.07% and a return on equity of 14.51%. The firm had revenue of $178.29 million during the quarter, compared to the consensus estimate of $178.11 million. During the same quarter in the previous year, the firm posted $0.60 earnings per share. The company’s revenue was up 7.5% on a year-over-year basis. BlackLine has set its FY 2025 guidance at 2.080-2.130 EPS and its Q4 2025 guidance at 0.580-0.610 EPS. As a group, equities analysts anticipate that BlackLine will post 0.9 EPS for the current year.
Insider Buying and Selling at BlackLine
In other BlackLine news, Director Thomas Unterman sold 910 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $55.00, for a total value of $50,050.00. Following the completion of the sale, the director directly owned 41,835 shares in the company, valued at approximately $2,300,925. This represents a 2.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 8.60% of the company’s stock.
Institutional Trading of BlackLine
Several institutional investors and hedge funds have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new position in BlackLine during the 3rd quarter worth about $25,000. Osaic Holdings Inc. raised its holdings in shares of BlackLine by 44.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,542 shares of the technology company’s stock valued at $87,000 after purchasing an additional 478 shares in the last quarter. Strs Ohio purchased a new stake in shares of BlackLine in the 1st quarter worth approximately $82,000. Boothbay Fund Management LLC bought a new position in shares of BlackLine during the second quarter valued at approximately $212,000. Finally, Corient Private Wealth LLC bought a new position in shares of BlackLine during the second quarter valued at approximately $232,000. 95.13% of the stock is currently owned by institutional investors.
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.
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