BlackLine Appoints Sam Balaji to Board of Directors

The latest announcement is out from BlackLine ( (BL) ).

On June 13, 2025, BlackLine, Inc. appointed Saranga ‘Sam’ Balaji to its Board of Directors, bringing his extensive experience in enterprise software, AI, and cybersecurity from his 28-year tenure at Deloitte, where he served as Global CEO of Deloitte Consulting. Balaji’s appointment is expected to bolster BlackLine’s strategic growth, deepen partnerships, and enhance its platform’s capabilities, particularly in AI-driven digital finance transformation.

The most recent analyst rating on (BL) stock is a Sell with a $50.00 price target. To see the full list of analyst forecasts on BlackLine stock, see the BL Stock Forecast page.

Spark’s Take on BL Stock

According to Spark, TipRanks’ AI Analyst, BL is a Outperform.

BlackLine’s overall score reflects solid financial health, positive technical momentum, and strategic growth opportunities, tempered by high valuation and operational challenges. The stock’s strong revenue performance and strategic initiatives are significant positives, while macroeconomic risks and high leverage are key concerns.

To see Spark’s full report on BL stock, click here.

More about BlackLine

BlackLine, Inc. is a financial operations platform provider for the Office of the CFO, offering a unified platform and purpose-built products to enhance accuracy, efficiency, and intelligence in financial processes. Trusted by nearly 4,400 companies globally, BlackLine aims to modernize operations and accelerate business performance for accounting, finance, and operations teams.

Average Trading Volume: 727,676

Technical Sentiment Signal: Sell

Current Market Cap: $3.37B

Learn more about BL stock on TipRanks’ Stock Analysis page.