BlackLine (NASDAQ:BL) Releases Q1 2026 Earnings Guidance

BlackLine (NASDAQ:BL) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.440-0.460 for the period, compared to the consensus EPS estimate of 0.550. The company issued revenue guidance of $180.0 million-$182.0 million, compared to the consensus revenue estimate of $181.2 million. BlackLine also updated its FY 2026 guidance to 2.370-2.480 EPS.

Analyst Upgrades and Downgrades

BL has been the subject of several recent analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $62.00 price objective on shares of BlackLine in a report on Wednesday. Citizens Jmp reissued a “market outperform” rating and issued a $70.00 price objective on shares of BlackLine in a research note on Wednesday. Citigroup reaffirmed an “outperform” rating on shares of BlackLine in a research note on Tuesday. Morgan Stanley reaffirmed an “overweight” rating and issued a $68.00 price target on shares of BlackLine in a research report on Wednesday. Finally, BMO Capital Markets reduced their target price on shares of BlackLine from $63.00 to $57.00 and set a “market perform” rating for the company in a report on Friday, November 7th. 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, BlackLine has an average rating of “Hold” and an average target price of $58.38.

BlackLine Trading Down 5.2%

NASDAQ:BL traded down $2.30 on Wednesday, hitting $42.03. The stock had a trading volume of 748,826 shares, compared to its average volume of 1,103,571. BlackLine has a 1-year low of $40.82 and a 1-year high of $59.57. The company has a fifty day moving average price of $53.91 and a two-hundred day moving average price of $53.67. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 37.86, a PEG ratio of 8.17 and a beta of 0.86. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 2.03.

BlackLine (NASDAQ:BL) last announced its earnings results on Tuesday, February 10th. The technology company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.05. The firm had revenue of $183.18 million for the quarter, compared to the consensus estimate of $182.98 million. BlackLine had a net margin of 11.07% and a return on equity of 14.51%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm 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. Equities research analysts expect that BlackLine will post 0.9 earnings per share for the current fiscal year.

Trending Headlines about BlackLine

Here are the key news stories impacting BlackLine this week:

• Positive Sentiment: Q4 results beat on key operating metrics: revenue rose ~8.1% to $183.2M, non‑GAAP EPS/non‑GAAP net income improved, and management reported record bookings and a larger remaining performance obligation — evidence of demand and traction for Studio360/Verity AI. Q4 & FY2025 Release
• Positive Sentiment: Wall Street support: several firms reaffirmed or maintained Buy/Outperform stances and raised targets (JMP/Citizens $70 PT, Rosenblatt $62, BofA $65), signaling analyst conviction around longer‑term upside. Analyst Notes (Benzinga) BofA Note
• Positive Sentiment: Improving unit economics and product progress: non‑GAAP operating margin jumped to ~24.7%, ARR retention at ~105%, expansion into new regions (FedRAMP listing, Saudi Arabia cloud footprint) and the WiseLayer AI acquisition support medium‑term margin and growth targets. Business Highlights
• Neutral Sentiment: Share repurchases continue: the company repurchased ~0.6M shares in Q4 (~$33.8M) and completed ~4.5M shares ($235.5M) in 2025, with remaining buyback capacity — supports EPS over time but is not an operational catalyst by itself. Buyback Details
• Neutral Sentiment: Operational disclosures are preliminary (results subject to final review) and the company emphasized disciplined execution — useful context but not immediate share‑moving news. Press Release (preliminary)
• Negative Sentiment: Near‑term guidance disappointed: Q1 FY2026 EPS guidance of $0.44–$0.46 and revenue $180M–$182M are well below Street Q1 EPS expectations, prompting downward pressure despite full‑year guidance that was slightly ahead of consensus. Guidance/Call
• Negative Sentiment: GAAP profitability and cash flow weakness: GAAP net income plunged year‑over‑year and operating cash flow/free cash flow declined materially in Q4, which raises short‑term liquidity and quality‑of‑earnings concerns for some investors. QuiverQuant Summary
• Negative Sentiment: Activist pressure: Engaged Capital launched a proxy fight targeting the board, which often leads to near‑term volatility and selling as investors reassess governance and strategy risks. Engaged Capital / Yahoo
• Negative Sentiment: Mixed analyst moves: Cantor Fitzgerald lowered its target to $50 and moved to Neutral, adding pressure amid the otherwise constructive analyst commentary. Cantor Fitzgerald Note

Institutional Investors Weigh In On BlackLine

Hedge funds and other institutional investors have recently modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in BlackLine in the 3rd quarter worth $25,000. Strs Ohio acquired a new stake in BlackLine in the first quarter worth $82,000. Osaic Holdings Inc. boosted its stake in BlackLine by 44.9% during the 2nd quarter. Osaic Holdings Inc. now owns 1,542 shares of the technology company’s stock valued at $87,000 after purchasing an additional 478 shares during the period. Boothbay Fund Management LLC bought a new stake in BlackLine during the 2nd quarter valued at $212,000. Finally, Corient Private Wealth LLC acquired a new position in BlackLine during the 2nd quarter worth $232,000. 95.13% of the stock is currently owned by hedge funds and other institutional investors.

About BlackLine

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.