Added to YB: 2026-06-30
Pitch date: 2026-06-26
BL [neutral]
BlackLine, Inc.
-2.78%
current return
Author Info
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Company Info
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally.
Market Cap
$1.7B
Pitch Price
$28.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
26.74
P/E
66.61
EV/Sales
2.59
Sector
Software
Category
value
$BL: the board said no to USD 66, beat the activist — and the stock is now USD 26
BL (overview): Board rejected SAP's $66/share (~$4.5B) all-cash bid June 2025; stock now ~$25.85 (~$1.5B cap), under 40% of that. Activist Engaged Capital's slate defeated, but declassification passed. FY26 guide ~9% rev growth to $766M, ~$2.95 EPS = <9x fwd. Risks: entrenched board, no near-term catalyst, single-digit growth slipping, SAP/ERP competition. Watch renewed bids, NRR, FCF.
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