Reading the tape
NASDAQ: BL
BlackLine, Inc.
Technology · Software - Application
Market Cap
$1.95B
52w High
$59.57
52w Low
$28.78
P/E
79.57
Volume
416.69K
Outstanding Shares
59.56M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -29.58%Revenue (TTM): 7.21%FCF (TTM): -15.88%P/FCF: 0th pct
What changed
The stock fell 29.58% over the last year. Revenue grew 7.21% over the trailing twelve months. Operating margin moved from 2.84% to 4.77%. Free cash flow declined 15.88% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 4.77%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide.
CEOTherese Tucker
SectorTechnology
IndustrySoftware - Application
Employees1,830
IPO dateOct 28, 2016
Valuation
Forward P/E—
EV/EBITDA36.45
Enterprise value$3.85B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth8.1%
Gross margin75.21%▼0.00%vs FY2024
Operating margin4.77%▲68.00%vs FY2024
ROE7.38%▼79.55%vs FY2024
Analyst consensus
RatingHold
Target price$46.00▲40.62%
11
Buy
12
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est $0.45 · Revenue est $181.07M
View