NASDAQ: BL

BlackLine (BL) Stock Analysis & Forecast

Oct 12 close

$29.30−0.47 (−1.6%)

Gekko Brief

AI summaryOct 12 close

This week BlackLine's news centers on product and corporate development alongside analyst commentary. The company is integrating NetNow, an acquisition made on September 21, into its invoice-to-cash platform, with CFO Patrick Villanova focused on combining customer onboarding and credit management. Separately, BlackLine expanded its industry-specific financial operations modernization program with preconfigured blueprints, AI-enabled workflows, and new hires from Citi, Deloitte and ExxonMobil. On the analyst side, Argus raised its target price for BlackLine to $27.00, while the Q3 2026 earnings date was confirmed.

BlackLine shares closed at $29.30, down 1.6%, sitting below both the 50-day average of $29.84 and the 200-day average of $34.56, with the 50-day below the 200-day. The stock's one-year return stands at -41.9%, and it trades 52.44 percent below its 52-week high of $59.57. The GekkoIndex reads 55.4, placing it in the Neutral zone, down 5.7 over five days. Price sits 29.8% below Gekko Fair Value of $41.76.

BlackLine next reports earnings on 5 November 2026 after close, 24 days away, a date that falls inside a typical 20-trading-day holding window; its last reaction to earnings was -7%, with an average absolute move of 7.5%. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows. Seasonally, the next 20 trading days have averaged +4% over 5 years, rising in 3 of them. Analyst consensus among 9 firms includes 1 buy, 6 hold, and 2 sell ratings, with a consensus target of $38.10.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

BlackLine price vs fair value

$41.76$29.30Oct ’25Apr ’26Oct ’26
Close $29.30200-day averageGekko Fair Value $41.76

BlackLine quick facts

Market cap
$1.72B
P/E ratio
49.4
Forward P/E
48.5
EPS, TTM
$0.57
Revenue, TTM
$732.4M
Profit margin
4.8%
Dividend yield
—
Beta
0.74
Volume
632,011 avg 877,512
1-year return
−41.9%
Typical daily move
±3.3%
Typical 20-day move
±7.2%
50-day average
$29.84
200-day average
$34.56
Next earnings
Nov 5 after close
Shares outstanding
58.13M
52-week range
$24.70$59.57

BlackLine swing-trade checklist

BlackLine scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $29.30 is below the 50-day ($29.84) and 200-day ($34.56) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexmixed

    55.4, Neutral

    Reading 55.4 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    29.8% below

    Price is 29.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 24 days

    Reports on Nov 5, 2026, 24 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +4.0% on average

    From this point in the calendar, the next 20 trading days averaged +4% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

BlackLine stock chart and price history

BlackLine closed at $29.30 on Oct 12, 2026, −41.9% over the past year, inside a 52-week range of $24.70 to $59.57.

Close50-day average200-day averageVolume
BlackLine share price, past year, with 50-day and 200-day moving averages and volume$40$50$60NovDecJan 2026FebMarAprMayJunJulAugSepOct29.30

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+3.4%
3 months
+0.7%
6 months
−6.6%
1 year
−41.9%
The full BL chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BL in Gekko

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About BlackLine

BlackLine builds cloud software that helps accounting and finance teams automate their work. Its tools cover tasks such as reconciling accounts, matching transactions, organizing close checklists, and generating financial reports, giving finance staff a shared workspace instead of manual spreadsheets. It is also known for handling journal entries, flagging unusual swings in balance sheet and income statement figures, and supporting compliance reviews and testing.

Beyond the close process, BlackLine offers products for managing credit, collections, disputes, invoicing, payments, and cash application, along with tools for tracking intercompany transactions and settling balances between entities. It backs these products with implementation help, training, and ongoing support. The company reaches customers mainly through its own direct sales team, serving large multinational firms, big domestic companies, and mid-sized businesses across a range of industries.

BlackLine was incorporated in 2001 and operates out of Woodland Hills, California. Its shares trade on the NASDAQ under the ticker BL.

Listed
NASDAQ
Sector
Technology services
Industry
Packaged software
Website
blackline.com

BlackLine GekkoIndex: the smart money zone

BlackLine’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.4, in the Neutral zone, down 5.7 points over five sessions.

010055.4Neutral

Down 5.7 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying74−0.6%−2.2%−1.3%−2.5%
Accumulation2280.0%−0.2%−2.0%−2.1%
Neutral (current zone)353−0.4%−0.9%−1.7%−5.9%
Distribution25−1.5%−0.4%+1.6%+2.3%
Selling2Too few readings yet

Average BL share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the BL price, zone by zone.Track BL in Gekko

Is BlackLine stock overvalued? Gekko Fair Value

BlackLine trades 29.8% below Gekko Fair Value of $41.76, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what BlackLine shares are worth, recalculated every trading day.

$41.76

Gekko Fair Value, Oct 9, 2026

29.8% Undervalued

At the end of Aug 2026 the price was 27.6% below the estimate.

Gekko Fair ValueShare price, month end
$42$29Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BL in Gekko

BlackLine insider and Congress trading

No open-market insider purchases were filed for BlackLine, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for BL in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every BL insider filing, plotted on the chart in Gekko.Open BL in Gekko

Congress trades last 90 days

No trades in BL were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BL, plotted on the chart in Gekko.Open BL in Gekko

Buybacks

BlackLine has been buying back its own shares.

Latest authorization
$600.0M, Aug 4, 2026
Bought back, quarter ended Jun 30, 2026
$38.46M
As a share of market cap
2.24%
Trailing four quarters
$231.2M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold BL.

0added0opened2trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

BlackLine earnings: next date and track record

BlackLine reports on Nov 5, 2026, after the close (24 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±7.5%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

+3.0%Nov ’24−19.4%Feb ’25+7.5%May ’25−2.8%Aug ’25−5.9%Nov ’25−2.6%Feb ’26−11.6%May ’26−7.0%Aug ’26

Last earnings call, Aug 4, 2026 AI summary

What they said
BlackLine reported Q2 2026 revenue growth of 9.2% with non-GAAP operating margin of 23.3% and $37M free cash flow. RPO grew 17% to over $1.1B, with current RPO up 11%. Nearly 90% of net new business landed on platform pricing, new deal sizes up 24%, and multiyear commitments rose to 56% of renewals from 45% prior year. Approximately $8M in deals slipped due to elongated enterprise sales cycles driven by AI evaluation complexity.
Guidance
Management did not provide specific Q3 or full-year numerical targets in this excerpt. Near-term growth expected to understate actual demand until platform and AI adoption scale. Eligible ARR on platform crossed 17%, up from 13% last quarter, signaling positive trajectory.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 4, 2026$0.19
est $0.22
−13.6%$187.8M
est $187.0M
+0.4%−7.0%
May 5, 2026$0.56
est $0.54
+2.9%$183.2M
est $181.0M
+1.2%−11.6%
Feb 10, 2026$0.63
est $0.58
+8.6%$183.2M
est $183.0M
+0.1%−2.6%
Nov 6, 2025$0.51
est $0.51
0.0%$178.3M
est $183.0M
−2.6%−5.9%
Aug 5, 2025$0.51
est $0.50
+2.0%$172.0M
est $178.8M
−3.8%−2.8%
May 6, 2025$0.58
est $0.38
+52.6%$166.9M
est $166.7M
+0.1%+7.5%
Feb 11, 2025$0.79
est $0.12
+558.3%$169.5M
est $168.4M
+0.6%−19.4%
Nov 7, 2024$0.60
est $0.52
+15.4%$165.9M
est $163.1M
+1.7%+3.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

BlackLine stock forecast and analyst price targets

Analysts’ average 12-month price target for BlackLine is $38.10, +30.0% from the last close, from 9 firms rating the stock in the last 90 days.

$38.10consensus 12-month target, +30.0% from the last close
Low $23High $45
Buy1
Hold6
Sell2

Each firm’s latest rating in the last 90 days: 9 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 28D.A. DavidsonSell, downgraded$23−21.5%
Aug 6CitiBuy, maintained$45+53.6%
Aug 5Robert W. BairdHold, maintained$35+19.5%
Aug 5D.A. DavidsonHold, maintained$33+12.6%
Aug 5Bank of America SecuritiesSell, reiterated$26−11.3%
−1.7%average 20-day move after past Neutral readings
+4.0%average move over the next 20 trading days in the last 5 years
±3.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

BlackLine seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, BlackLine averaged +4.0% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+11.3%2021−4.4%2022−2.0%2023+8.3%2024+9.1%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.4%5 of 5
Next 10 trading days−0.2%3 of 5
Next 15 trading days+1.8%3 of 5
Next 20 trading days+4.0%3 of 5
Next 30 trading days+3.7%4 of 5

For scale, BL’s typical 20-trading-day move in either direction is about 7.2%.

BlackLine market cap and key statistics

BlackLine’s market cap is $1.72B, with a P/E ratio of 49.4 and revenue of $732.4M over the last twelve months.

Valuation

Market cap
$1.72B
P/E ratio
49.4
Forward P/E
48.5
EPS, TTM
$0.57
Gekko Fair Value
$41.76

Trading

Volume
632,011
Avg volume, 20 days
877,512
52-week high
$59.57
52-week low
$24.70
Shares outstanding
58.13M

Financials

Revenue, TTM
$732.4M
Profit margin
4.8%
Return on equity
7%
Quarterly earnings growth, YoY
+101.6%

Risk and income

Beta
0.74
Typical daily move
±3.3%
Typical 20-day move
±7.2%

BlackLine stock news this week

Coverage of BlackLine this week reads positive: 8 positive, 1 neutral and 1 negative headlines.

News sentiment positive

BlackLine peers

BlackLine’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral21.7% above
PLTRPalantir Technologies+0.1%Distribution22.3% above
ORCLOracle−2.9%Neutral24.3% below
PANWPalo Alto Networks−4.2%Neutral21.6% above
CRWDCrowdStrike−4.8%Neutral23.7% above
CRMSalesforce−1.1%Neutral3.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

BlackLine stock FAQ

What is BlackLine’s market cap?

BlackLine’s market cap is $1.72B at the Oct 12, 2026 close of $29.30, with 58.13M shares outstanding. The shares trade on a P/E ratio of 49.4.

What is the BlackLine stock forecast?

The consensus analyst 12-month price target for BlackLine is $38.10, +30.0% from the last close. Of the 9 firms that rated the stock in the last 90 days, 1 rate it a buy, 6 a hold and 2 a sell. Gekko doesn’t publish price predictions of its own.

Is BlackLine stock overvalued or undervalued?

On Gekko’s estimate BlackLine is undervalued: the Oct 12, 2026 close of $29.30 is 29.8% below Gekko Fair Value of $41.76. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does BlackLine report earnings next?

BlackLine is expected to report on Nov 5, 2026, after the market closes (24 days away). Analysts expect earnings of $0.63 per share on revenue of $194.2M. BlackLine beat the earnings estimate in 6 of its last 8 reports, moving 7.5% on average across the report.

What is BlackLine’s 52-week high and low?

BlackLine’s 52-week high is $59.57 and its 52-week low is $24.70; it closed at $29.30 on Oct 12, 2026, −41.9% over the past year. Over the last five years the shares peaked at $135.00 on Nov 5, 2021.

Is BlackLine stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (fair value and seasonality), 1 as mixed (gekkoindex) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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