BlackLine Inc [BL] stock is trading at $54.46, up 0.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BL shares have lost -1.05% over the last week, with a monthly amount glided 19.53%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
BlackLine Inc [NASDAQ: BL] stock has seen the most recent analyst activity on April 23, 2025, when Piper Sandler upgraded its rating to a Neutral but kept the price target unchanged to $46 for it. Previously, DA Davidson started tracking the stock with Buy rating on April 01, 2025, and set its price target to $58. On January 30, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $75 on the stock. Citigroup upgraded its rating to a Buy but stick to its price target of $73 on January 16, 2025. Piper Sandler downgraded its rating to a Underweight but $60 remained the price target by the analyst firm on January 06, 2025. Morgan Stanley upgraded its rating to Overweight for this stock on September 30, 2024, and upped its price target to $70. In a note dated April 23, 2024, Piper Sandler upgraded an Neutral rating on this stock and boosted its target price from $55 to $62.
BlackLine Inc [BL] stock has fluctuated between $40.82 and $66.25 over the past year. Currently, Wall Street analysts expect the stock to reach $57.5 within the next 12 months. BlackLine Inc [NASDAQ: BL] shares were valued at $54.46 at the most recent close of the market. An investor can expect a potential return of 5.58% based on the average BL price forecast.
Analyzing the BL fundamentals
BlackLine Inc [NASDAQ:BL] reported sales of 662.81M for the trailing twelve months, which represents a growth of 6.01%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.4 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.77 points at the first support level, and at 53.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.03, and for the 2nd resistance point, it is at 55.60.
Ratios To Look Out For
For context, BlackLine Inc’s Current Ratio is 1.66. As well, the Quick Ratio is 1.66, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 5.12, the price to book ratio is 8.11 and price to earnings (TTM) ratio is 25.09.
Transactions by insiders
Recent insider trading involved Woodhams Mark, Chief Revenue Officer, that happened on May 21 ’25 when 1856.0 shares were sold. Officer, Woodhams Mark completed a deal on May 21 ’25 to buy 1856.0 shares. Meanwhile, Director Unterman Thomas bought 910.0 shares on May 20 ’25.
