NASDAQ:BL

64.80
0.12 (0.19%) 1d
0

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Blackline Inc. (BL-Q) has beaten expectations in terms of EPS and revenue, displaying strong growth of 13.3%. The company also upped its full-year guidance for revenue and EPS, with a strong outlook for the future. Despite recent share price pressure due to a private issuance of convertible senior notes, experts consider BL as a hold. The company added 13 new customers in the first quarter, bringing the total to 4,411. Overall, BL's performance in the quarter and future outlook were viewed as strong by experts.

Consensus
Hold
Valuation
Fair Value
PARTIAL BUY
Blackline Inc.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS beat expectations of 47c coming in at 54c. Revenue also beat expectations of $155.12M coming in at $157.5M displaying growth of 13.3%. BL also upped its full year guidance for revenue and EPS which with the upper range better than expectations. BL added 13 customers in the first quarter for a total of 4,411 customers. The quarter and outlook were strong for BL and we would say it as a hold. The share price was under pressure recently as the company announced that it had privately issued a convertible senior note for $600M. 
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Technology
TOP PICK
Blackline Inc.
One of the only companies that provides software as a service for finance close management in accounting, insurance and other areas. They have a massive potential market. He would recommend buy one-third around $76, one-third at $66, and another third at $56. His price target is $86. Yield 0%. (Analysts’ price target is $65.14)
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Blackline Inc.(BL-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Blackline Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Blackline Inc.(BL-Q) Frequently Asked Questions

What is Blackline Inc. stock symbol?

Blackline Inc. is a American stock, trading under the symbol BL-Q on the NASDAQ (BL). It is usually referred to as NASDAQ:BL or BL-Q

Is Blackline Inc. a buy or a sell?

In the last year, 1 stock analyst published opinions about BL-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Blackline Inc..

Is Blackline Inc. a good investment or a top pick?

Blackline Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Blackline Inc..

Why is Blackline Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Blackline Inc. worth watching?

In the last year, there was no coverage of Blackline Inc. published on Stockchase.

What is Blackline Inc. stock price?

On 2024-12-12, Blackline Inc. (BL-Q) stock closed at a price of $64.8.