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Blackline Inc (BL)



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Upturn Advisory Summary
04/01/2025: BL (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -55.58% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.08B USD | Price to earnings Ratio 33.39 | 1Y Target Price 64.18 |
Price to earnings Ratio 33.39 | 1Y Target Price 64.18 | ||
Volume (30-day avg) 782649 | Beta 1.03 | 52 Weeks Range 43.37 - 69.09 | Updated Date 04/1/2025 |
52 Weeks Range 43.37 - 69.09 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.45 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 24.67% | Operating Margin (TTM) 3.68% |
Management Effectiveness
Return on Assets (TTM) 0.65% | Return on Equity (TTM) 43.35% |
Valuation
Trailing PE 33.39 | Forward PE 48.54 | Enterprise Value 3084857957 | Price to Sales(TTM) 4.71 |
Enterprise Value 3084857957 | Price to Sales(TTM) 4.71 | ||
Enterprise Value to Revenue 4.72 | Enterprise Value to EBITDA 16.78 | Shares Outstanding 63076600 | Shares Floating 52272832 |
Shares Outstanding 63076600 | Shares Floating 52272832 | ||
Percent Insiders 7.89 | Percent Institutions 102.64 |
Analyst Ratings
Rating 3 | Target Price 65.7 | Buy 2 | Strong Buy 1 |
Buy 2 | Strong Buy 1 | ||
Hold 6 | Sell 4 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Blackline Inc

Company Overview
History and Background
BlackLine, Inc. was founded in 2001 by Therese Tucker. It began as a reconciliation tool and has evolved into a cloud-based accounting software provider. BlackLine went public in 2016.
Core Business Areas
- Unified Accounting Automation Platform: BlackLine's core business revolves around its Unified Accounting Automation platform, which streamlines and automates various accounting processes.
Leadership and Structure
The CEO is Owen Ryan. The company operates with a functional organizational structure, with departments such as sales, marketing, product development, and customer support.
Top Products and Market Share
Key Offerings
- Account Reconciliation: Automates and streamlines the reconciliation process. BlackLine claims to be a leader in this space. Competitors include FloQast, Adra by Trintech, and OneStream.
- Task Management: Provides a centralized platform for managing accounting tasks. Competitors include FloQast, and some ERP task management modules.
- Variance Analysis: Automates the analysis of financial variances. Competitors include Adaptive Insights (Workday), and Vena Solutions.
Market Dynamics
Industry Overview
The accounting software market is experiencing growth due to increasing regulatory complexity and the need for automation. Cloud-based solutions are gaining traction.
Positioning
BlackLine positions itself as a leader in the UAA (Unified Accounting Automation) market, targeting large and mid-sized organizations. They focus on improving accuracy and efficiency in financial close processes.
Total Addressable Market (TAM)
Estimated TAM is in the tens of billions. BlackLine is positioned to capture a significant portion by offering end to end platform to automate the financial process.
Upturn SWOT Analysis
Strengths
- Strong brand recognition in the UAA market
- Comprehensive suite of accounting automation solutions
- Scalable cloud-based platform
- Established customer base
- Partnerships with major ERP vendors
Weaknesses
- High subscription costs can deter smaller companies
- Dependence on ERP systems integration
- Competition from larger ERP vendors offering similar functionality
- Implementation can be complex and time-consuming
Opportunities
- Expansion into new geographic markets
- Development of new features and integrations
- Increased adoption of cloud-based accounting solutions
- Strategic partnerships with other technology providers
- Growth in the demand for automation solutions in accounting
Threats
- Intense competition from established ERP vendors and niche players
- Economic downturn affecting IT spending
- Data security and privacy concerns
- Rapid technological advancements requiring constant innovation
- Changes in accounting regulations
Competitors and Market Share
Key Competitors
- WK (Wolters Kluwer)
- ADSK (Autodesk)
- NOW (ServiceNow)
Competitive Landscape
BlackLine benefits from its specialization in UAA, but faces challenges from larger ERP vendors and other niche players, all seeking to win market share.
Major Acquisitions
Rimilia
- Year: 2020
- Acquisition Price (USD millions): 150
- Strategic Rationale: Expanded BlackLine's accounts receivable automation capabilities.
Growth Trajectory and Initiatives
Historical Growth: BlackLine has experienced significant growth in revenue due to the increasing demand for automation in accounting processes.
Future Projections: Future growth projections require analyst estimates. However, growth is expected to continue.
Recent Initiatives: Recent initiatives include product enhancements, expansion into new markets, and strategic partnerships.
Summary
BlackLine has a strong position in the UAA market, leveraging its comprehensive solutions and established customer base. While facing competition from larger ERP vendors, its specialization offers an advantage. Future success relies on continued innovation, strategic partnerships, and effective market penetration in a growing market. They will need to keep an eye on pricing to remain competitive.
Similar Companies
- WORK
- NOW
- ADSK
- INTU
- Oracle
- SAP
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- Industry Reports
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and based on available estimates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Blackline Inc
Exchange NASDAQ | Headquaters Woodland Hills, CA, United States | ||
IPO Launch date 2016-10-28 | Founder, Co-CEO & Executive Director Ms. Therese Tucker | ||
Sector Technology | Industry Software - Application | Full time employees 1830 | Website https://www.blackline.com |
Full time employees 1830 | Website https://www.blackline.com |
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally. It offers financial close and consolidation solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching, which analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company also provides journal entry, which allows users to generate, review, and post manual journal entries; variance analysis that offers anomalous fluctuations in balance sheet and income statement account balances; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers credit and risk, collection, dispute and deduction, and team and task management, as well as AR intelligence, electronic invoicing and payment, and cash application solutions. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. Additionally, it offers implementation, optimization, live and web-based training, and support services. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.
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