BlackLine Founder Therese Tucker to Retire on June 2
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2026
0mins
Should l Buy BL?
BlackLine announced that Therese Tucker, the company's founder and largest individual shareholder, will retire from full-time executive employment with the company effective June 2. Tucker, who owns approximately 8% of BlackLine's total outstanding shares, will remain actively engaged with the company as a board member and significant shareholder.
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Analyst Views on BL
Wall Street analysts forecast BL stock price to rise
11 Analyst Rating
4 Buy
6 Hold
1 Sell
Moderate Buy
Current: 36.470
Low
48.00
Averages
59.00
High
73.00
Current: 36.470
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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See More
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- Governance Discussion Outcomes: This agreement follows discussions with Engaged Capital regarding governance and board composition, reflecting the company's responsiveness to shareholder input, which may help bolster investor confidence.
- Future Growth Expectations: BlackLine targets a revenue growth of 9% to 9.6% for 2026, aligning with its strategic goal of accelerating platform adoption, showcasing the company's positive development trajectory in the market.
See More
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- Strategic Refocus: After overextending into the lower middle market, the company is refocusing on enterprise clients by improving customer self-service capabilities and promoting three-year renewals, thereby reducing churn and accelerating business expansion.
- Deepened SAP Partnership: BlackLine's relationship with SAP, which accounted for 26% of its recent revenue, has strengthened with the approval of Studio 360 for sale on SAP's platform, enhancing go-to-market and upsell opportunities within existing accounts.
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See More
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See More
