BlackLine, Inc. ($BL) Stock Forecast: Down 5.2% Today

What is BlackLine, Inc.?

BlackLine Inc (BL) is a software company specializing in cloud-based accounting and finance solutions. The stock had a bearish movement today, declining by 4.40% to $54.97.

Why is BlackLine, Inc. going down?

BL stock is down 5.2% on Jan 14, 2026 19:00

• The bearish movement in BL stock was driven by activist investor Engaged Capital's announcement of nominating director candidates to BlackLine's board, sparking concerns about the company's strategic direction and potential acquisition offers.
• Engaged Capital's critique of BlackLine's underperforming stock, decelerating revenue growth, and rejection of a premium acquisition offer has heightened investor uncertainty regarding the stock.
• Reasons circulating to sell BL stock, including weak billings, customer churn, and stagnant operating margins, may have exacerbated investor doubt and spurred selling activity.
• Overall, the market's response to Engaged Capital's moves and concerns over BlackLine's performance have influenced today's bearish movement in BL stock, prompting investors to closely monitor unfolding developments and their implications for the company's future.

BL Price Chart

BL Technical Analysis

BL News

BlackLine Inc (BL) Shares Gap Down to $54.97 on Jan 13

BlackLine Inc (BL) shares declined by 4.40% to $54.97 on January 13, trading 17.03% below its 52-week high. Analysts have an average one-year price target of $61.33 for BL, suggesting an 11.56% upside. GuruFocus estimates the fair value (GF Value) at $74.70, indicating a potential 35.89% upside.

https://www.gurufocus.com/news/4108803/blackline-inc-bl-shares-gap-down-to-5497-on-jan-13?mobile=true

Engaged Capital to nominate directors to BlackLine board By Investing.com

Activist investor Engaged Capital plans to nominate four director candidates to BlackLine, Inc.'s board at the 2026 annual meeting. The firm, a significant BlackLine shareholder, is concerned about the board's rejection of an acquisition offer and alleged entrenchment tactics, citing the company's underperforming stock and decelerating revenue growth. Engaged Capital believes its nominees will ensure a rigorous evaluation of all strategic alternatives, including a potential sale.

https://ng.investing.com/news/company-news/engaged-capital-to-nominate-directors-to-blackline-board-93CH-2287011

3 Reasons to Sell BL and 1 Stock to Buy Instead

This article provides three reasons to consider selling BlackLine (BL) stock: weak billings suggesting soft demand, customer churn impacting long-term outlook, and operating margin remaining stagnant. The authors suggest a cautious approach to BlackLine and recommend exploring other investment opportunities. The article concludes by recommending "an all-weather company that owns household favorite Taco Bell" and a list of "Top 5 Growth Stocks" to consider instead.

https://markets.financialcontent.com/wral/article/stockstory-2026-1-14-3-reasons-to-sell-bl-and-1-stock-to-buy-instead

Engaged Capital to nominate directors to BlackLine board By Investing.com

Activist investor Engaged Capital plans to nominate four directors to BlackLine, Inc.'s board, citing concerns over the board's rejection of an acquisition offer and alleged entrenchment efforts. BlackLine's shares are trading below their 52-week high, and Engaged Capital believes the company needs objective oversight to unlock its value. The investment firm, which owns over 1 million shares, has criticized BlackLine's leadership for decelerating revenue growth and underperforming stock.

https://au.investing.com/news/company-news/engaged-capital-to-nominate-directors-to-blackline-board-93CH-4203997

Engaged Capital Announces Intention to Nominate Highly Qualified Director Candidates to BlackLine, Inc.'s Board

Engaged Capital announced its intention to nominate a slate of highly qualified director candidates to BlackLine, Inc.'s Board of Directors. The firm criticizes the current board for failing to act in stockholders' best interests, citing BlackLine's underperformance, decelerated revenue growth, and rejection of a premium acquisition offer. Engaged Capital believes a reconstituted board with their nominees, who bring expertise in software, M&A, and governance, is necessary to objectively evaluate strategic opportunities and maximize stockholder value.

https://investingnews.com/engaged-capital-announces-intention-to-nominate-highly-qualified-director-candidates-to-blackline-inc-s-board/

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BlackLine, Inc. Price History

21.10.2024 - BL Stock was up 5.5%

• The launch of the BlackLine Studio360 Platform is likely driving investor optimism as it signifies the company's commitment to digital finance transformation and empowering finance professionals.
• Being recognized as the Most Innovative FinTech Solution further boosts BL's reputation and investor confidence, potentially attracting more interest in the stock.
• These positive developments showcase BlackLine's strong position in the market and its ability to innovate, leading to increased investor interest and a bullish stock movement today.

21.10.2024 - BL Stock was up 7.4%

• The formation of a hammer chart pattern, indicating a potential trend reversal, combined with positive earnings estimate revisions, likely contributed to the bullish movement in BL's stock price.
• The launch of the Studio360 Platform, aimed at driving future-ready financial operations for CFOs, could have sparked investor optimism about the company's growth prospects.
• Being recognized as the Most Innovative FinTech Solution at the 2024 Tech Ascension Awards may have further boosted investor confidence in BlackLine's innovative capabilities and market position.

09.04.2024 - BL Stock was down 5.3%

• Despite BlackLine (BL) delivering Q1 earnings and revenues that beat estimates, the stock experienced a bearish movement, possibly due to profit-taking by investors.
• The conflicting news of a price target boost and a price target cut on the stock might have created uncertainty among investors, leading to a sell-off.
• The lack of clear turnaround evidence in BlackLine's first-quarter performance for 2024 could have disappointed investors, triggering the bearish movement.
• Overall, the mixed signals from analysts and the market's reaction to the earnings report may have contributed to the downward pressure on BlackLine's stock price today.

06.10.2024 - BL Stock was up 5.1%

• Analysts show optimism towards BlackLine's (BL) Q3 earnings performance, exploring non-traditional metrics to better understand the company's growth potential.
• The recent release of new upgrades for Harley-Davidson by Öhlins could have indirectly impacted investor sentiment towards firms in the automotive and technology industries, potentially benefiting BlackLine.
• Arrow Electronics' decline in revenues and issues with excess inventory have highlighted the robustness and competitiveness of companies like BlackLine, which provide innovative business optimization solutions.
• DoorDash's favorable Q3 earnings and future prospects might have contributed to a positive market outlook, potentially boosting the tech sector overall, including stocks like BlackLine.

31.11.2025 - BL Stock was down 2.5%

• Today, there was a bearish movement in BL stock possibly triggered by profit-taking following the company's update on Q4 2025 earnings guidance, surpassing consensus estimates.
• Despite the favorable earnings guidance, varying analyst opinions with some firms sticking to "Buy" ratings and raising their price targets could have contributed to investor uncertainty.
• The market reaction today could be linked to apprehensions about the longevity of BlackLine's growth path, prompting the bearish movement in the stock.

13.00.2026 - BL Stock was down 5.1%

• Engaged Capital's formal request to review BlackLine's books and records based on Delaware law implies potential concerns about mismanagement or breaches of fiduciary duty. This has resulted in investor uncertainty and contributed to the stock's decline.
• The looming activist campaign against BlackLine's board and operations may be unsettling shareholders, prompting a sell-off of the stock.
• Engaged Capital's call for an examination of strategic alternatives suggests a challenging path ahead for BlackLine, intensifying negative sentiment and driving the stock price lower.

14.02.2025 - BL Stock was up 5.0%

• The announcement of the 2024 Partner Award winners showcases BlackLine's commitment to digital finance transformation and excellence.
• Recognition of firms excelling in utilizing BlackLine's platform indicates a strong ecosystem and adoption of their services.
• This positive development likely contributed to increased investor confidence in BlackLine, leading to the bullish movement in the stock price today.

07.07.2025 - BL Stock was down 5.5%

• Despite exceeding earning and revenue estimates, BlackLine witnessed a bearish movement in its stock, suggesting potential discrepancy between investor expectations and the company's performance.
• The negative market reaction could be attributed to factors such as future guidance or undisclosed variables omitted from the earnings report.
• Profit-taking or broader market trends may have influenced the downward movement in BlackLine's stock price, despite the positive earnings outcome.

27.09.2025 - BL Stock was up 11.1%

• The announcement of BlackLine's upcoming third-quarter earnings release and conference call has likely generated excitement and anticipation among investors, leading to increased buying activity and driving the stock price higher.
• Investors may be optimistic about the company's financial performance for the third quarter, expecting positive results based on the scheduled release date.
• The proactive communication from BlackLine regarding the earnings release demonstrates transparency and may have instilled confidence in shareholders, contributing to the bullish movement in the stock.
• As investors prepare for the upcoming earnings report, the market sentiment towards BlackLine appears to be favorable, reflecting in today's strong bullish movement.

12.01.2025 - BL Stock was down 15.7%

• BL stock experienced a strong bearish movement likely due to the company's Q4 earnings missing estimates.
• The -6% surprise in earnings and the slight revenue miss of 0.84% may have disappointed investors, leading to a sell-off.
• Investors might be concerned about the company's future growth prospects based on these Q4 results, contributing to the bearish trend in the stock price today.

07.07.2024 - BL Stock was up 11.9%

• BL stock experienced a strong bullish movement today.
• The bullish trend can be attributed to BlackLine Inc's Q2 2024 earnings report, which highlighted strong revenue growth, exceeding earnings and revenue estimates, and strategic partnerships.
• Investors seem optimistic about BlackLine's financial performance and future prospects, leading to increased buying interest and driving the stock price higher.
• The positive market sentiment surrounding BlackLine Inc is likely to continue as the company demonstrates its ability to deliver solid financial results and expand its market presence through strategic partnerships.

14.00.2026 - BL Stock was down 5.2%

• The bearish movement in BL stock was driven by activist investor Engaged Capital's announcement of nominating director candidates to BlackLine's board, sparking concerns about the company's strategic direction and potential acquisition offers.
• Engaged Capital's critique of BlackLine's underperforming stock, decelerating revenue growth, and rejection of a premium acquisition offer has heightened investor uncertainty regarding the stock.
• Reasons circulating to sell BL stock, including weak billings, customer churn, and stagnant operating margins, may have exacerbated investor doubt and spurred selling activity.
• Overall, the market's response to Engaged Capital's moves and concerns over BlackLine's performance have influenced today's bearish movement in BL stock, prompting investors to closely monitor unfolding developments and their implications for the company's future.