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The latest update is out from BlackLine ( (BL) ).
On September 4, 2025, BlackLine, Inc.’s board of directors approved an increase of $200 million to its stock buyback program, raising the total authorization to $400 million. The board also removed the program’s expiration date, previously set for March 31, 2027. To date, the company has repurchased 3,448,206 shares valued at $179 million. The program allows for repurchases through open market or privately negotiated transactions, subject to market conditions and legal requirements, and can be modified or suspended at the company’s discretion.
The most recent analyst rating on (BL) stock is a Hold with a $58.00 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 Neutral.
BlackLine’s overall stock score reflects a stable financial performance with strong revenue growth but high leverage and declining cash flow. The technical indicators suggest a neutral outlook, while the high P/E ratio indicates a premium valuation. Positive earnings call highlights and strategic corporate events support future growth, but challenges with mid-market churn and deal delays remain concerns.
To see Spark’s full report on BL stock, click here.
More about BlackLine
BlackLine, Inc. operates in the financial technology industry, providing cloud-based solutions designed to automate and streamline financial close processes. The company focuses on enhancing the efficiency and accuracy of financial operations for businesses.
Average Trading Volume: 767,624
Technical Sentiment Signal: Sell
Current Market Cap: $3.32B
See more data about BL stock on TipRanks’ Stock Analysis page.