Added to YB: 2026-01-23
Pitch date: 2025-11-18
BL [bullish]
BlackLine, Inc.
-33.13%
current return
Author Info
No bio for this author
Company Info
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations in the United States and internationally.
Market Cap
$2.2B
Pitch Price
$54.06
Price Target
70.00 (+94%)
Dividend
N/A
EV/EBITDA
34.38
P/E
96.26
EV/Sales
3.44
Sector
Software
Category
special_situation
BlackLine, Inc. - $BL
BL: Event-driven M&A target after rejecting SAP's $66/share June offer. SAP considering new bid per Reuters, CFO calls acquisition 'logical extension' of partnership (27% of BL revenue). Strategic committee active 1+ year, activist pressure from 4 shareholders. $70+ PT (6x NTM rev, 30% upside). Thoma Bravo potential competing bidder to merge w/ Anaplan.
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