Blackline Safety Corp remains stable amid strong revenue announcements.
Blackline Safety Corp (BLN.TO) has kept its stock price steady at C$9.05, showing no change over the past week. The company recently reported impressive revenue growth, which may be affecting investor sentiment.
Advertisement
Get up to $2,000 cash back
Open and fund a new Qtrade account with promo code SPRING26. Offer ends July 31, 2026.
Blackline Safety Corp
BLN.TO
BLN.TO
Blackline Safety Corp
WealthAwesomeMarket cap
$791.32M
52W high
$9.25
52W low
$5.90
1W change
+0.00%
Beta
1.27
Analyst Price Targets
Based on analyst covering BLN
Wall Street analysts forecast BLN stock price to rise 3.6% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$9.38
+3.6% Upside
Current Price
C$9.05
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BLN's historical volatility
30-Day Vol
3.6%
Annualized
90-Day Vol
41.0%
Annualized
Trend (90d)
+5.6%
Annualized drift
90d Mean
C$9.23
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$9.11 | C$9.00 โ C$9.22 |
| 60 trading days | C$9.17 | C$9.01 โ C$9.33 |
| 90 trading days | C$9.23 | C$9.04 โ C$9.43 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors should pay attention to Blackline Safety's recent financial performance, including record revenues, as it charts its strategic direction following the acquisition by Francisco Partners.
Record Fiscal 2025 Revenue of $150.5 Million
Blackline Safety's adjusted EBITDA of $6.1 million marks its sixth consecutive quarter of positive adjusted EBITDA, highlighting a trend of improving financial performance.
Bull case
The company has achieved record revenues and adjusted EBITDA for fiscal 2025, reflecting strong operational performance that could pave the way for future growth.
Bear case
Despite the positive revenue figures, Blackline Safety's negative profit margin and return on equity may raise concerns about its overall financial health.
Price Action Overview
Blackline Safety Corp's stock closed at C$9.05, remaining unchanged over the past week. The stock has seen a significant year-to-date increase of 42.07%, indicating strong investor interest in the company's growth potential.
Recent Company News
The company announced record fiscal 2025 revenue of $150.5 million and an adjusted EBITDA of $6.1 million, marking its sixth consecutive quarter of positive adjusted EBITDA. Additionally, Blackline reported a 29% year-over-year increase in annual recurring revenue, reaching $80.2 million. These results underscore the company's robust operational performance and growth trajectory.
Technical Picture
From a technical standpoint, Blackline Safety's stock is trading just above its 50-day moving average of C$9.00, suggesting a slight bullish trend. The stock's 200-day moving average stands at C$7.51, indicating strong upward momentum over the longer term. The stock has traded within a 52-week range of C$5.90 to C$9.25, currently sitting at approximately 94% of that range. With a beta of 1.27, the stock shows higher volatility compared to the broader market. Volume has been relatively low, with the latest volume at 69,178 shares, about 0.40 times the 20-day average volume of 174,952 shares.
Advertisement
