Rosenblatt initates BlackLine Inc (BL) rating to a Buy

Jaxson Clark

In a filing, BlackLine Inc revealed its Director Unterman Thomas unloaded Company’s shares for reported $50050.0 on Oct 27 ’25. In the deal valued at $55.00 per share,910 shares were sold. As a result of this transaction, Unterman Thomas now holds 41,835 shares worth roughly $2.42 million.

Then, Unterman Thomas bought 910 shares, generating $50,050 in total proceeds.

Before that, Unterman Thomas sold 2,730 shares. BlackLine Inc shares valued at $150,150 were divested by the Director at a price of $55.00 per share. As a result of the transaction, Unterman Thomas now holds 47,270 shares, worth roughly $2.73 million.

Rosenblatt initiated its BlackLine Inc [BL] rating to a Buy in a research note published on December 02, 2025; the price target was $65. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Market perform”‘ rating for it. Robert W. Baird also remained covering BL and has decreased its forecast on November 07, 2025 with a “Neutral” recommendation from previously “an Outperform” rating.

Price Performance Review of BL

On Tuesday, BlackLine Inc [NASDAQ:BL] saw its stock jump 3.01% to $57.78. Over the last five days, the stock has gained 2.74%. BlackLine Inc shares have fallen nearly -6.63% since the year began. Nevertheless, the stocks have fallen -4.90% over the past one year. While a 52-week high of $66.25 was reached on 01/30/25, a 52-week low of $40.82 was recorded on 04/07/25.

Levels Of Support And Resistance For BL Stock

The 24-hour chart illustrates a support level at 56.64, which if violated will result in even more drops to 55.49. On the upside, there is a resistance level at 58.65. A further resistance level may holdings at 59.51.

How much short interest is there in BlackLine Inc?

A steep rise in short interest was recorded in BlackLine Inc stocks on 2025-11-14, growing by 38280.0 shares to a total of 6.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-15 was 6.1 million shares. There was a rise of 0.62%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on August 06, 2025 when BMO Capital Markets resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $63.

Knox Daily
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