BlackLine, Inc.’s (BL) Price Target Lowered After Q4 Earnings

BlackLine, Inc. (NASDAQ:BL) is 1 of the 10 champion beaten down bundle stocks with the highest upside potential. On February 12, Morgan Stanley expert Chris Quintero reduced the firm’s terms people connected BlackLine, Inc. (NASDAQ:BL) from $73 to $68 portion reaffirming an Overweight rating. The steadfast revised its terms people pursuing the company’s fourth-quarter net report.

BlackLine, Inc. (NASDAQ:BL) reported its Q4 net connected February 11. Total gross for the 4th reached $183 million. The institution reported $702 cardinal successful yearly recurring gross and $1.1 cardinal successful full remaining show obligations (RPO).  During the quarter, billings roseate much than 9%. Non-GAAP nett income came successful astatine $45 million, demonstrating a non-GAAP nett income borderline of 25%. The institution reported $27 cardinal successful operating currency travel and $20 cardinal successful escaped currency travel for the quarter. Platform pricing ARR grew 4% sequentially and represented 11% of eligible ARR.

During the quarter, BlackLine, Inc. (NASDAQ:BL) bought backmost $34 cardinal successful shares, bringing full stock buybacks for the twelvemonth to $235 million. The institution served 4,394 customers during the quarter. CFO Patrick Villanova commented connected the company’s Q1 FY 2026 outlook:

“For the archetypal 4th of 2026, we expect full GAAP gross to beryllium successful the scope of $180 cardinal to $182 million, representing astir 8% to 9% growth. For the afloat twelvemonth 2026, we expect full GAAP gross to beryllium successful the scope of $764 cardinal to $768 million, representing astir 9.1% to 9.6% growth. We expect non-GAAP operating borderline to beryllium successful the scope of 23.7% to 24.3%.”

BlackLine, Inc. (NASDAQ:BL) operates arsenic a supplier of cloud-based solutions to streamline and automate accounting and concern operations. The institution provides fiscal adjacent and consolidation solutions, transaction matching, task management, and fiscal reporting analytics. It was founded successful 2001 and is based successful Woodland Hills, California.

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