BL Stock Summary and Trading Ideas (Blackline | NASDAQ:BL)

BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company's solutions enable its customers to address various aspects of their critical processes, including financial close & consolidation, intercompany accounting, and invoice-to-cash. The majority of the revenue of the company is earned in the United States.

Blackline trades on the NASDAQ stock market under the symbol BL.

As of October 23, 2026, BL stock price declined to $34.03 with 207,436 million shares trading.

BL has a beta of 0.23, meaning it tends to be less sensitive to market movements. BL has a correlation of 0.00 to the broad based SPY ETF.

BL has a market cap of $1.98 billion. This is considered a Small Cap stock.

Last quarter Blackline reported $188 million in Revenue and $.61 earnings per share. This beat revenue expectation by $826,936 and exceeded earnings estimates by $.11.

In the last 3 years, BL traded as high as $69.31 and as low as $24.70.

The top ETF exchange traded funds that BL belongs to (by Net Assets): IJR, VTI, IWM, VB, VGT.

BL has underperformed the market in the last year with a return of -36.9%, while SPY returned +15.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BL shares. However, BL has outperformed the market in the last 3 month and 2 week periods, returning +22.1% and +16.3%, while SPY returned +2.3% and -1.5%, respectively. This indicates BL has been having a stronger performance recently.

BL support price is $33.39 and resistance is $35.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BL shares will trade within this expected range on the day.