BlackLine Inc [BL] stock prices are up 3.28% to $57.59 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BL shares have gain 4.35% over the last week, with a monthly amount glided 21.83%, 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 June 03, 2025, when Cantor Fitzgerald initiated its Neutral rating and assigned the stock a price target of $58. Previously, Piper Sandler upgraded its rating to Neutral on April 23, 2025, and kept the price target unchanged to $46. On April 01, 2025, DA Davidson initiated with a Buy rating and assigned a price target of $58 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $75 on January 30, 2025. Citigroup upgraded its rating to a Buy but $73 remained the price target by the analyst firm on January 16, 2025. Piper Sandler downgraded its rating to Underweight for this stock on January 06, 2025, but kept the price target unchanged to $60. In a note dated September 30, 2024, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $60 to $70.
The stock price of BlackLine Inc [BL] has been fluctuating 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 $57.59 at the most recent close of the market. An investor can expect a potential drop of -0.16% based on the average BL price forecast.
Analyzing the BL fundamentals
The BlackLine Inc [NASDAQ:BL] reported sales of 662.81M for trailing twelve months, representing a surge 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.21.
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 55.98 points at the first support level, and at 54.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.47, and for the 2nd resistance point, it is at 59.35.
Ratios To Look Out For
It’s worth pointing out that BlackLine Inc [NASDAQ:BL]’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 5.41, the price to book ratio is 8.58 and price to earnings (TTM) ratio is 26.53.
Transactions by insiders
Recent insider trading involved Stalick Michelle D, Chief Accounting Officer, that happened on May 28 ’25 when 795.0 shares were sold. Chief Revenue Officer, Woodhams Mark completed a deal on May 21 ’25 to sell 1856.0 shares. Meanwhile, Officer Woodhams Mark bought 1856.0 shares on May 21 ’25.
