BL Stock Analysis: Blackline | NASDAQ
Software - Application | NASDAQ, USA | Market Cap: 1.593m USD | 12M Return: -46.1% | US09239B1098 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 25.3M
EPS Trend: 30.9%
Qual. Beats: 0
Rev. Trend: 99.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 9.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
BlackLine, Inc. (NASDAQ: BL) is a cloud-based software provider specializing in automating and streamlining accounting and finance operations for businesses in the United States and internationally. The companys offerings span financial close and consolidation, including account reconciliations, transaction matching, task management, and financial reporting analytics, as well as journal entry, variance analysis, compliance management, and intercompany transaction tools. It also delivers accounts receivable solutions such as collections, electronic invoicing and payment, and cash application, supported by implementation, training, and ongoing support services. Founded in 2001 and headquartered in Woodland Hills, California, BlackLine sells primarily through a direct sales force targeting multinational corporations, large domestic enterprises, and mid-market firms across diverse industries. As a member of the application software sub-industry within the broader Information Technology sector, BlackLine operates in the financial close and accounts receivable automation niche, serving organizations seeking to modernize manual accounting workflows through a subscription-based, cloud delivery model.
- Subscription revenue growth drives top line expansion
- Competition intensifies from SAP Oracle Workday in finance automation
- Path to GAAP profitability remains key investor focus
| Net Income: 34.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 3.20 > 1.0 |
| NWC/Revenue: 42.75% < 20% (prev 61.15%; Δ -18.40% < -1%) |
| CFO/TA 0.12 > 3% & CFO 181.8m > Net Income 34.8m |
| Net Debt (186.4m) to EBITDA (100.2m): 1.86 < 3 |
| Current Ratio: 1.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (58.9m) vs 12m ago -8.63% < -2% |
| Gross Margin: 75.53% > 18% (prev 75.37%; Δ 0.15% > 0.5%) |
| Asset Turnover: 44.91% > 50% (prev 37.62%; Δ 7.30% > 0%) |
| Interest Coverage Ratio: 5.34 > 6 (EBIT TTM 53.1m / Interest Expense TTM 9.95m) |
| A: 0.21 (Total Current Assets 747.6m - Total Current Liabilities 434.5m) / Total Assets 1.47b |
| B: -0.01 (Retained Earnings -13.0m / Total Assets 1.47b) |
| C: 0.03 (EBIT TTM 53.1m / Avg Total Assets 1.63b) |
| D: 0.27 (Book Value of Equity 316.2m / Total Liabilities 1.15b) |
| Altman-Z'' = 1.88 = BBB |
| DSRI: 1.00 (Receivables 190.2m/175.0m, Revenue 732.4m/674.3m) |
| GMI: 1.00 (GM 75.37% / 75.53%) |
| AQI: 1.20 (AQ_t 0.47 / AQ_t-1 0.39) |
| SGI: 1.09 (Revenue 732.4m / 674.3m) |
| TATA: -0.10 (NI 34.8m - CFO 181.8m) / TA 1.47b) |
| Beneish M = -2.86 (Cap -4..+1) = A |
As of October 07, 2026, the stock is trading at USD 28.17 with a total of 833,941 shares traded. Over the past week, the price has changed by +6.83%, over one month by -6.54%, over three months by -3.20% and over the past year by -46.06%.
Current recommended Stop Loss: 26.60 (which is 5.6% or 1.3 ATR below the current price).
Blackline has received a consensus analysts rating of 3.17. Therefore, it is recommended to hold BL.
- StrongBuy: 1
- Buy: 2
- Hold: 7
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 38.1 | 35.3% |
P/E Trailing = 48.9464
P/E Forward = 48.5437
P/S = 2.1752
P/B = 5.1714
P/EG = 4.5345
Revenue TTM = 732.4m USD
EBIT TTM = 53.1m USD
EBITDA TTM = 100.2m USD
Long Term Debt = 667.3m USD (from longTermDebt, last quarter)
Short Term Debt = 4.37m USD (from shortTermDebt, last quarter)
Debt = 714.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 23.4m
Net Debt = 186.4m USD (calculated: Debt 714.2m - CCE 527.8m)
Enterprise Value = 1.78b USD (1.59b + Debt 714.2m - CCE 527.8m)
Interest Coverage Ratio = 5.34 (Ebit TTM 53.1m / Interest Expense TTM 9.95m)
EV/FCF = 10.45x (Enterprise Value 1.78b / FCF TTM 170.3m)
FCF Yield = 9.57% (FCF TTM 170.3m / Enterprise Value 1.78b)
FCF Margin = 23.25% (FCF TTM 170.3m / Revenue TTM 732.4m)
Net Margin = 4.75% (Net Income TTM 34.8m / Revenue TTM 732.4m)
Gross Margin = 75.53% ((Revenue TTM 732.4m - Cost of Revenue TTM 179.3m) / Revenue TTM)
Gross Margin QoQ = 75.96% (prev 75.97%)
Tobins Q-Ratio = 1.21 (Enterprise Value 1.78b / Total Assets 1.47b)
Interest Expense / Debt = 1.39% (Interest Expense 9.95m / Debt 714.2m)
Taxrate = 41.31% (19.5m / 47.3m)
NOPAT = 31.2m (EBIT 53.1m * (1 - 41.31%))
Current Ratio = 1.72 (Total Current Assets 747.6m / Total Current Liabilities 434.5m)
Debt / Equity = 2.26 (Debt 714.2m / totalStockholderEquity, last quarter 316.2m)
Debt / EBITDA = 1.86 (Net Debt 186.4m / EBITDA 100.2m)
Debt / FCF = 1.09 (Net Debt 186.4m / FCF TTM 170.3m)
Total Stockholder Equity = 320.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.13% (Net Income 34.8m / Total Assets 1.47b)
RoE = 10.84% (Net Income TTM 34.8m / Total Stockholder Equity 320.7m)
RoCE = 5.37% (EBIT 53.1m / Capital Employed (Equity 320.7m + L.T.Debt 667.3m))
RoIC = 3.11% (NOPAT 31.2m / Invested Capital 1.00b)
WACC = 5.43% (E(1.59b)/V(2.31b) * Re(7.50%) + D(714.2m)/V(2.31b) * Rd(1.39%) * (1-Tc(0.41)))
Discount Rate = 7.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -65.01 | Cagr: -9.07%
[DCF] Terminal Value 77.69% ; FCFF base≈162.4m ; Y1≈183.3m ; Y5≈259.3m
[DCF] Fair Price = 64.18 (EV 3.92b - Net Debt 186.4m = Equity 3.73b / Shares 58.1m; r=8.35% [WACC [floored]]; 5y FCF grow 13.20% → 2.50% )
EPS Correlation: 30.88 | EPS CAGR: 3.84% | SUE: -0.57 | # QB: 0
Revenue Correlation: 99.57 | Revenue CAGR: 8.85% | SUE: 0.76 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.63 | Chg30d=-0.14% | Revisions=-42% | Analysts=12
EPS current Year (2026-12-31): EPS=2.49 | Chg30d=+0.24% | Revisions=+25% | GrowthEPS=+16.9% | GrowthRev=+9.5%
EPS next Year (2027-12-31): EPS=2.76 | Chg30d=-0.63% | Revisions=+0% | GrowthEPS=+10.9% | GrowthRev=+10.4%
[Analyst] Revisions Ratio: -6% (up=13, down=15)