(BL) Blackline - Overview
Stock: Cloud, Automation, Financial, Close, Reconciliation
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 47.6% |
| Relative Tail Risk | -8.64% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.92 |
| Alpha | -48.24 |
| Character TTM | |
|---|---|
| Beta | 0.948 |
| Beta Downside | 0.611 |
| Drawdowns 3y | |
|---|---|
| Max DD | 43.64% |
| CAGR/Max DD | -0.36 |
Description: BL Blackline January 11, 2026
BlackLine, Inc. (NASDAQ:BL) delivers a suite of cloud-based finance and accounting automation tools that span the entire close cycle-from account reconciliations and journal entry management to intercompany processing, cash application, and compliance reporting-primarily sold through a direct sales force to large enterprises and mid-market firms worldwide.
Key recent metrics (FY 2023): revenue $1.04 billion, up ~13 % YoY; annual recurring revenue (ARR) surpassed $1.2 billion; gross margin held steady around 79 %; net dollar retention exceeded 115 % and churn was under 5 %, indicating strong customer stickiness and upsell potential.
The finance-automation market is being propelled by three macro-drivers: (1) accelerated cloud adoption as CFOs seek scalable, low-maintenance platforms; (2) heightened regulatory and ESG reporting requirements that increase demand for real-time compliance and audit trails; and (3) cost-containment pressure that pushes firms to replace manual spreadsheet-based processes with automated, AI-enhanced solutions. BlackLine competes directly with SAP, Oracle, and emerging niche players, making market share gains a critical performance indicator.
For a data-rich, side-by-side comparison of BlackLine’s valuation and growth trends, the ValueRay analyst dashboard can be a useful next step.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 76.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -0.59 > 1.0 |
| NWC/Revenue: 49.06% < 20% (prev 99.42%; Δ -50.36% < -1%) |
| CFO/TA 0.11 > 3% & CFO 186.7m > Net Income 76.0m |
| Net Debt (500.3m) to EBITDA (106.7m): 4.69 < 3 |
| Current Ratio: 1.52 > 1.5 & < 3 |
| Outstanding Shares: last quarter (64.0m) vs 12m ago -13.47% < -2% |
| Gross Margin: 75.34% > 18% (prev 0.75%; Δ 7459 % > 0.5%) |
| Asset Turnover: 40.41% > 50% (prev 37.73%; Δ 2.68% > 0%) |
| Interest Coverage Ratio: 5.93 > 6 (EBITDA TTM 106.7m / Interest Expense TTM 10.1m) |
Altman Z'' 1.45
| A: 0.20 (Total Current Assets 983.8m - Total Current Liabilities 646.9m) / Total Assets 1.70b |
| B: -0.02 (Retained Earnings -30.4m / Total Assets 1.70b) |
| C: 0.04 (EBIT TTM 60.0m / Avg Total Assets 1.70b) |
| D: -0.02 (Book Value of Equity -29.9m / Total Liabilities 1.34b) |
| Altman-Z'' Score: 1.45 = BB |
Beneish M -2.96
| DSRI: 1.06 (Receivables 155.6m/136.5m, Revenue 686.7m/639.6m) |
| GMI: 1.00 (GM 75.34% / 75.27%) |
| AQI: 1.05 (AQ_t 0.40 / AQ_t-1 0.38) |
| SGI: 1.07 (Revenue 686.7m / 639.6m) |
| TATA: -0.06 (NI 76.0m - CFO 186.7m) / TA 1.70b) |
| Beneish M-Score: -2.96 (Cap -4..+1) = A |
What is the price of BL shares?
Over the past week, the price has changed by -5.64%, over one month by -21.12%, over three months by -22.83% and over the past year by -32.67%.
Is BL a buy, sell or hold?
- StrongBuy: 4
- Buy: 2
- Hold: 6
- Sell: 2
- StrongSell: 0
What are the forecasts/targets for the BL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 60.5 | 37.9% |
| Analysts Target Price | 60.5 | 37.9% |
| ValueRay Target Price | 38.5 | -12.1% |
BL Fundamental Data Overview February 05, 2026
P/E Forward = 48.5437
P/S = 4.0042
P/B = 8.0505
P/EG = 5.4883
Revenue TTM = 686.7m USD
EBIT TTM = 60.0m USD
EBITDA TTM = 106.7m USD
Long Term Debt = 665.4m USD (from longTermDebt, last quarter)
Short Term Debt = 235.6m USD (from shortTermDebt, last quarter)
Debt = 920.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 500.3m USD (from netDebt column, last quarter)
Enterprise Value = 2.87b USD (2.75b + Debt 920.2m - CCE 804.2m)
Interest Coverage Ratio = 5.93 (Ebit TTM 60.0m / Interest Expense TTM 10.1m)
EV/FCF = 16.83x (Enterprise Value 2.87b / FCF TTM 170.3m)
FCF Yield = 5.94% (FCF TTM 170.3m / Enterprise Value 2.87b)
FCF Margin = 24.80% (FCF TTM 170.3m / Revenue TTM 686.7m)
Net Margin = 11.07% (Net Income TTM 76.0m / Revenue TTM 686.7m)
Gross Margin = 75.34% ((Revenue TTM 686.7m - Cost of Revenue TTM 169.3m) / Revenue TTM)
Gross Margin QoQ = 75.10% (prev 75.22%)
Tobins Q-Ratio = 1.68 (Enterprise Value 2.87b / Total Assets 1.70b)
Interest Expense / Debt = 0.28% (Interest Expense 2.54m / Debt 920.2m)
Taxrate = 35.08% (4.65m / 13.3m)
NOPAT = 38.9m (EBIT 60.0m * (1 - 35.08%))
Current Ratio = 1.52 (Total Current Assets 983.8m / Total Current Liabilities 646.9m)
Debt / Equity = 2.80 (Debt 920.2m / totalStockholderEquity, last quarter 328.3m)
Debt / EBITDA = 4.69 (Net Debt 500.3m / EBITDA 106.7m)
Debt / FCF = 2.94 (Net Debt 500.3m / FCF TTM 170.3m)
Total Stockholder Equity = 401.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.47% (Net Income 76.0m / Total Assets 1.70b)
RoE = 18.93% (Net Income TTM 76.0m / Total Stockholder Equity 401.7m)
RoCE = 5.62% (EBIT 60.0m / Capital Employed (Equity 401.7m + L.T.Debt 665.4m))
RoIC = 3.01% (NOPAT 38.9m / Invested Capital 1.30b)
WACC = 7.10% (E(2.75b)/V(3.67b) * Re(9.41%) + D(920.2m)/V(3.67b) * Rd(0.28%) * (1-Tc(0.35)))
Discount Rate = 9.41% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -6.02%
[DCF Debug] Terminal Value 84.26% ; FCFF base≈173.9m ; Y1≈214.6m ; Y5≈365.4m
Fair Price DCF = 118.5 (EV 7.55b - Net Debt 500.3m = Equity 7.05b / Shares 59.5m; r=7.10% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 44.42 | EPS CAGR: -4.75% | SUE: -2.80 | # QB: 0
Revenue Correlation: 97.71 | Revenue CAGR: 12.32% | SUE: 0.19 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.55 | Chg30d=-0.002 | Revisions Net=+1 | Analysts=13
EPS next Year (2026-12-31): EPS=2.35 | Chg30d=-0.009 | Revisions Net=+0 | Growth EPS=+12.8% | Growth Revenue=+8.7%