BlackLine Expands Local Cloud Services to Saudi Arabia with Google Cloud Partnership
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
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Source: Businesswire
- Cloud Service Expansion: BlackLine, in partnership with Google Cloud, launches a locally hosted cloud region in Saudi Arabia, addressing local data security and latency requirements, thereby enabling organizations to achieve more efficient financial operations.
- Compliance Assurance: The new deployment meets Saudi NCA's cybersecurity control standards, allowing enterprises to securely manage financial data during modernization, which enhances customer trust.
- Market Opportunity: As Saudi Arabia accelerates its economic diversification, BlackLine's platform provides essential tools for enterprises to enhance transparency and control in their financial processes, driving business growth.
- Partner Network: Close collaboration with local partners such as SAP, EY, and Deloitte strengthens BlackLine's implementation and support capabilities in Saudi Arabia, further solidifying its market position.
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Analyst Views on BL
Wall Street analysts forecast BL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BL is 59.00 USD with a low forecast of 48.00 USD and a high forecast of 73.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
4 Buy
6 Hold
1 Sell
Moderate Buy
Current: 46.910
Low
48.00
Averages
59.00
High
73.00
Current: 46.910
Low
48.00
Averages
59.00
High
73.00
About BL
BlackLine, Inc. provides a unified, scalable, and flexible platform tailored to the needs of the Office of the Chief Financial Officer (CFO) and delivers purpose-built applications. The Company's comprehensive platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified data, streamlined and optimized processes, and real-time insight through visibility, automation, and artificial intelligence (AI). Its cloud-based applications, powered by its BlackLine Studio360 Platform, include account reconciliations, transaction matching, task management, financial reporting analytics, journal entry, variance analysis, compliance, credit & risk management, collections management, electronic invoicing & payments, intercompany create, intercompany balance & resolve, and intercompany net & settle. Its BlackLine Studio360 Platform includes Studio360 Integrate, Studio360 Orchestrate, Studio360 Visualize, Studio360 Blueprint and Studio360 Control.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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