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 earnings per share guidance of 0.440-0.460 for the period, compared to the consensus earnings per share 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.

BlackLine Price Performance

Shares of BlackLine stock traded up $1.31 during trading on Tuesday, reaching $44.33. The company’s stock had a trading volume of 1,792,293 shares, compared to its average volume of 1,123,580. The business has a 50 day moving average price of $54.18 and a 200-day moving average price of $53.75. BlackLine has a 12-month low of $40.82 and a 12-month high of $64.92. The company has a market capitalization of $2.64 billion, a P/E ratio of 39.94, a price-to-earnings-growth ratio of 8.33 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 issued 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. BlackLine had a net margin of 11.07% and a return on equity of 14.51%. The company had revenue of $183.18 million for the quarter, compared to analyst estimates of $182.98 million. BlackLine has set its Q1 2026 guidance at 0.440-0.460 EPS and its FY 2026 guidance at 2.370-2.480 EPS. As a group, sell-side analysts anticipate that BlackLine will post 0.9 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. DA Davidson raised BlackLine to a “hold” rating in a report on Monday, November 10th. Rosenblatt Securities lowered their price objective on shares of BlackLine from $65.00 to $62.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Cantor Fitzgerald restated a “neutral” rating on shares of BlackLine in a research report on Tuesday, December 16th. BMO Capital Markets reduced their price target on shares of BlackLine from $63.00 to $57.00 and set a “market perform” rating on the stock in a report on Friday, November 7th. Finally, Citigroup restated an “outperform” rating on shares of BlackLine in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, BlackLine currently has a consensus rating of “Hold” and an average target price of $59.83.

Trending Headlines about BlackLine

Here are the key news stories impacting BlackLine this week:

• Positive Sentiment: Record bookings, revenue growth and non‑GAAP profit improvement — Q4 revenue was $183.2M (up ~8% YoY) and non‑GAAP EPS/diluted non‑GAAP net income rose to $0.63 / $45.2M; non‑GAAP operating margin expanded to 24.7%, indicating improved underlying profitability. BlackLine Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Constructive guidance and capital return — management gave Q1 and full‑year 2026 non‑GAAP EPS and revenue targets (Q1 non‑GAAP EPS $0.44–$0.46; FY non‑GAAP EPS $2.37–$2.48; FY revenue ~$764–768M) and continues buybacks (~$164.5M capacity remaining), supporting forward earnings visibility. Guidance & Buyback Disclosure
• Positive Sentiment: Strategic product and market moves — acquisition of WiseLayer to boost AI capabilities, launch of Verity AI, Studio360 enhancements and expanded cloud presence (including Saudi Arabia / FedRAMP listing) that could increase TAM and customer momentum. Strategic Highlights
• Neutral Sentiment: Top‑line roughly in line with expectations — reported revenue near consensus (~$183M) but below some street estimates; mixed analyst views and price targets remain above the current share price. Earnings Release / Slide Deck
• Neutral Sentiment: Short interest reporting inconsistent / immaterial — public short‑interest data in the feed shows zero change (effectively no signal). Investors should rely on confirmed exchanges/FINRA reports for accurate short metrics. (No article link)
• Negative Sentiment: GAAP earnings and cash flow weakness — GAAP net income collapsed to $4.9M (GAAP diluted EPS $0.08) vs. $56.4M a year ago, operating cash flow and free cash flow declined materially, and cash balances fell significantly YoY — raising near‑term GAAP/liquidity concerns. Quiver / Press Summary
• Negative Sentiment: Activist investor / proxy fight — Engaged Capital announced a campaign targeting BlackLine’s board citing valuation and operational opportunities; activist activity can create near‑term pressure & uncertainty. Engaged Capital Targets BlackLine Board
• Negative Sentiment: Insider selling noted in filings — recent open‑market sales by senior finance executives were flagged in the data feed; while small in size, insider sales can add to negative sentiment during a contested period. Insider Trading Detail

Hedge Funds Weigh In On BlackLine

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

BlackLine Company Profile

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.