BlackLine (NASDAQ:BL) Hits New 1-Year Low After Analyst Downgrade

BlackLine (NASDAQ:BL)’s share price reached a new 52-week low during trading on Thursday after Citigroup lowered their price target on the stock from $70.00 to $60.00. Citigroup currently has a buy rating on the stock. BlackLine traded as low as $40.65 and last traded at $41.09, with a volume of 130156 shares traded. The stock had previously closed at $41.90.

Several other equities research analysts have also recently issued reports on the company. Cantor Fitzgerald cut their price target on BlackLine from $58.00 to $50.00 and set a “neutral” rating for the company in a research note on Wednesday. Rosenblatt Securities reissued a “buy” rating and set a $62.00 target price on shares of BlackLine in a report on Wednesday. Citizens Jmp reaffirmed a “market outperform” rating and issued a $70.00 price target on shares of BlackLine in a research note on Wednesday. Morgan Stanley reiterated an “overweight” rating and set a $68.00 price objective on shares of BlackLine in a research note on Wednesday. Finally, DA Davidson dropped their target price on shares of BlackLine from $56.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday. Six investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $57.85.

Key BlackLine News

Here are the key news stories impacting BlackLine this week:

• Positive Sentiment: Record bookings, margin improvement and strategic AI push: BlackLine reported Q4 revenue of $183.2M (+8.1%), a non‑GAAP operating margin of 24.7% (vs 18.1% a year ago), highlighted record bookings and announced the WiseLayer AI acquisition and Studio360/Verity AI progress — signs of product momentum and improving profitability. BlackLine Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Buy‑side support on fundamentals: Several analysts reiterated buy/overweight ratings after the quarter, citing the beat and improving profitability as reasons to stay constructive. BlackLine: Solid Q4 Beat… Supports Buy Rating
• Neutral Sentiment: Platform adoption / growth outlook: Management guided FY26 revenue to $764–768M (roughly in line or slightly above consensus) and targets ~9–9.6% revenue growth as platform ARR adoption accelerates — a multi‑quarter growth story but not an immediate upside trigger. Q4 2025 earnings call transcript
• Neutral Sentiment: Earnings call: management emphasized disciplined execution and enterprise focus; call showed product/GT‑M traction but also flagged near‑term variability — mixed signals for near‑term trading. Earnings Call Shows Strength Amid Mixed Signals
• Negative Sentiment: Q1 EPS guide missed street expectations: BlackLine guided Q1 FY26 non‑GAAP EPS to $0.44–0.46, well below the ~$0.55 consensus — the primary catalyst for today’s weakness as investors reprice near‑term earnings. BlackLine (BL) stock trades down, here is why
• Negative Sentiment: GAAP profitability and cash flow pressure: Q4 GAAP net income plunged year‑over‑year and operating cash flow/f‑cash declined materially — raises near‑term liquidity and earnings quality concerns for conservative investors. QuiverQuant Q4 coverage
• Negative Sentiment: Analyst cuts and lower price targets: Several shops trimmed forecasts and reduced targets after the guide (Citigroup, Cantor Fitzgerald and others), increasing near‑term selling pressure despite some firms maintaining buy ratings. These Analysts Slash Their Forecasts On BlackLine

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Bessemer Group Inc. raised its holdings in BlackLine by 22.9% during the 3rd quarter. Bessemer Group Inc. now owns 989 shares of the technology company’s stock worth $53,000 after purchasing an additional 184 shares during the last quarter. Amalgamated Bank grew its holdings in BlackLine by 1.3% during the 3rd quarter. Amalgamated Bank now owns 15,143 shares of the technology company’s stock worth $804,000 after acquiring an additional 191 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of BlackLine by 9.4% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,618 shares of the technology company’s stock valued at $148,000 after purchasing an additional 225 shares during the period. Blue Trust Inc. lifted its stake in shares of BlackLine by 3.8% in the 3rd quarter. Blue Trust Inc. now owns 6,901 shares of the technology company’s stock valued at $366,000 after purchasing an additional 250 shares during the period. Finally, Asset Management One Co. Ltd. boosted its position in shares of BlackLine by 14.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 2,383 shares of the technology company’s stock valued at $127,000 after purchasing an additional 294 shares in the last quarter. 95.13% of the stock is owned by institutional investors.

BlackLine Stock Down 3.2%

The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 2.03. The firm has a 50 day moving average of $53.57 and a 200 day moving average of $53.59. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 102.73, a PEG ratio of 8.42 and a beta of 0.86.

BlackLine (NASDAQ:BL) last posted its quarterly earnings results on Tuesday, February 10th. The technology company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.05. The firm had revenue of $183.18 million for the quarter, compared to analysts’ expectations of $182.98 million. BlackLine had a return on equity of 17.50% and a net margin of 3.50%.The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 EPS. BlackLine has set its Q1 2026 guidance at 0.440-0.460 EPS and its FY 2026 guidance at 2.370-2.480 EPS. As a group, sell-side analysts predict that BlackLine will post 0.9 earnings per share for the current year.

BlackLine Company Profile

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.