BL — Blackline Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Blackline Inc

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 processe… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$26.84
Market Cap$1.70B
Float44.9M
Shares Outstanding58.7M
P/E (Forward)48.54
P/E (TTM)69.07
Price/Sales (TTM)2.37
vs. Analyst Target+55.6% to analyst PT
Profit Margin3.71%
Operating Margin (TTM)4.33%
Revenue (TTM)$717M
Earnings Growth (YoY)37.70%
Dividend RateNone
Analyst Target Price$41.77 (14 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $352M -$46.9M $283M $5.5M
2021 $426M -$115M $328M -$10.8M
2022 $523M -$29.4M $394M $1.3M
2023 $590M $52.8M $443M $117M
2024 $653M $161M $491M $184M
2025 $700M $24.5M $527M $106M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $172M $8.3M
Sep 2025 $178M $5.3M
Dec 2025 $183M $4.9M
Mar 2026 $183M $8.1M

Ownership & Float

Insider Ownership9.4%
Institutional Ownership113.8%
Short Float14.5%
% of All Funds Holding3.10%
Number of Funds Holding255

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$31.23Near-term / short-term trend
Weekly40-Week SMA$45.57Medium-term trend
Weekly80-Week SMA$50.17Cyclical trend (business cycle)
Weekly200-Week SMA$55.18Secular trend (multi-year)
Monthly10-Month SMA$45.38Near-term monthly trend
Monthly20-Month SMA$50.30Medium-term monthly trend
Monthly40-Month SMA$53.32Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$32.00 resistance 1.28x 0 months ago
$37.70 resistance 1.04x 0 months ago
$46.00 resistance 1.76x 2 months ago
$55.00 resistance 1.20x 3 months ago
$62.00 resistance 1.16x 14 months ago

Historical Earnings Reactions (39 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.52% -0.62% 46.15% 17.54% -11.12%
1 Day 0.31% 0.29% 51.28% 31.66% -18.74%
1 Week -0.01% -0.90% 41.03% 33.99% -21.99%
2 Weeks 0.20% 0.34% 51.28% 27.76% -21.31%
1 Month 1.62% 2.58% 55.26% 30.25% -32.29%

Next earnings: July 24, 2026 (57 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.0%50.0%10
Feb-2.9%40.0%10
Mar-3.2%40.0%10
Apr-0.5%50.0%10
May2.1%66.7%9
Jun3.3%88.9%9
Jul-0.4%44.4%9
Aug3.0%66.7%9
Sep1.3%55.6%9
Oct-1.0%55.6%9
Nov9.2%70.0%10
Dec-1.2%30.0%10

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.20% 47.7% 449
Tuesday 0.02% 52.6% 496
Wednesday 0.09% 53.5% 492
Thursday 0.20% 53.0% 483
Friday 0.12% 50.4% 484

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 113.8%

Insider Transactions — Smart Summary

Total insider ownership: 9.4%

Founder-led management: Therese Tucker (Founder & Executive Director)

12-Month Insider Activity Summary

Total Filings7
Net Value-$93,599.265
Net Shares Change-1,720
% of Float-0.0%
C-Suite Filings3
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
HENSHALL DAVID J +$486,000 1 1 buy
Unterman Thomas -$450,788.631 2 N/A
Stalick Michelle D Chief Accounting Officer -$93,599.265 3 3 sell
HUGHES GREGORY -$49,519.25 1 N/A

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-20 Stalick Michelle D Chief Accounting Officer -$13,887.045 Transaction at $30.25, now -11.3%
2025-08-11 HENSHALL DAVID J +$486,000 Transaction at $48.60, now -44.8%
2026-05-22 HUGHES GREGORY -$49,519.25 Transaction at $30.25, now -11.3%
2025-08-25 Stalick Michelle D Chief Accounting Officer -$35,875.92 Transaction at $54.03, now -50.3%
2025-05-29 Stalick Michelle D Chief Accounting Officer -$43,836.3 Transaction at $55.14, now -51.3%
2025-09-24 Unterman Thomas -$400,738.631 Transaction at $55.24, now -51.4%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Blackline Inc (BL) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BL on Trend Edge →