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Blackline Inc. (BL-Q)
NASDAQ:BL
62.70
1.01
(1.64%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
Blackline Inc. (BL-Q) has reported strong first quarter results, with earnings per share beating expectations and revenue showing significant growth. The company also raised its full year guidance for both revenue and EPS, indicating confidence in its future performance. Despite recent pressure on the share price due to a convertible senior note issuance, the overall outlook for BL is positive. The company added 13 new customers in the first quarter, bringing the total to 4,411 customers. Overall, experts recommend holding the stock based on its strong performance and outlook.
$47.790
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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
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 2024-11-22, Blackline Inc. (BL-Q) stock closed at a price of $62.7.
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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