BL Stock Price Increases 33% in 6 Months: Should Investors Buy It?

BlackLine (BL) shares gained 33% in the last six months, outperforming the Zacks Computer & Technology sector’s appreciation of 6% and the Zacks Internet - Software industry’s return of 13.5%.BL’s exceptional performance can be attributed to its innovative financial automation solutions, strong partnerships and a rapidly growing global client base.BL’s Earnings Estimate Trend SteadyFor the fourth quarter of 2024, BlackLine expects total GAAP revenues to be in the range of $167 million to$169 million. Non-G ...