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Blend Labs (BLND)
NYSE:BLND
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BLND Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.08 - $5.53
Previous Close$4.4
Volume5.66M
Average Volume (3M)2.47M
Market Cap
$1.13B
Enterprise Value$1.07B
Total Cash (Recent Filing)$116.78M
Total Debt (Recent Filing)$955.00K
Price to Earnings (P/E)―
Beta2.40
Next Earnings
Mar 13, 2025EPS Estimate
<$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding255,930,068
10 Day Avg. Volume7,528,649
30 Day Avg. Volume2,469,132
Standard Deviation0.30
R-Squared0.05
Alpha-0.00340
Financial Highlights & Ratios
Price to Book (P/B)-23.16
Price to Sales (P/S)7.23
Price to Cash Flow (P/CF)136.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.82
Enterprise Value/Gross Profit13.17
Enterprise Value/Ebitda-21.11
Forecast
1Y Price Target
$5.74Price Target Upside30.45% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Blend Labs News
PremiumCompany Announcements
Blend Labs Reports Strong Q3 2024 Results
PremiumCompany Announcements
Blend Labs Achieves Profitability and Revenue Growth Milestones
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBlend reported third-quarter results nicely ahead of Street expectations with both Blend Platform revenues and total revenues returning to growth for the first time in nearly 10 quarters.
Market OpportunityBlend's target market, including banks, credit unions, and independent mortgage banks, is seen as attractive with a current addressable market opportunity estimated at approximately $9.9 billion.
Product ExpansionBlend Builder platform provides a more holistic solution to many parts of the bank operating environment, including everything from bank account creation to adding debit cards and personal loans.
Bears Say
Interest RatesA prolonged high interest rate environment may keep mortgage volumes and related transactions depressed, posing a risk to Blend's price target.
Potential DilutionThere is a substantial amount of potential dilution in Blend’s model, with 254.9M weighted average shares of common stock outstanding and another 122.6M of potentially dilutive securities outstanding.
Revenue ConcentrationRevenue concentration is a concern, with a single customer accounting for 17% of revenue year-to-date 2024, and 24 customers making up about 66% of revenue in 2023.
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Ownership Overview
11.30% Insiders
10.01% Mutual Funds
28.05% Other Institutional Investors
38.97% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Blend Labs
Desktop Users
Mobile Users
BLND FAQ
What was Blend Labs’s price range in the past 12 months?
Blend Labs lowest stock price was $2.08 and its highest was $5.53 in the past 12 months.
What is Blend Labs’s market cap?
Currently, no data Available
When is Blend Labs’s upcoming earnings report date?
Blend Labs’s upcoming earnings report date is Mar 13, 2025 which is in 82 days.
How were Blend Labs’s earnings last quarter?
Blend Labs released its earnings results on Nov 06, 2024. The company reported $0 earnings per share for the quarter, beating the consensus estimate of -$0.022 by $0.022.
Is Blend Labs overvalued?
According to Wall Street analysts Blend Labs’s price is currently Undervalued.
Does Blend Labs pay dividends?
Blend Labs does not currently pay dividends.
What is Blend Labs’s EPS estimate?
Blend Labs’s EPS estimate is <$0.01.
How many shares outstanding does Blend Labs have?
Blend Labs has 252,182,830 shares outstanding.
What happened to Blend Labs’s price movement after its last earnings report?
Blend Labs reported an EPS of $0 in its last earnings report, beating expectations of -$0.022. Following the earnings report the stock price went up 15.026%.
Which hedge fund is a major shareholder of Blend Labs?
Among the largest hedge funds holding Blend Labs’s share is Driehaus Capital Management LLC. It holds Blend Labs’s shares valued at 18M.
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Blend Labs Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$5.74 (30.45% Upside)
$5.74 (30.45% Upside)
Blogger Sentiment
Bullish
BLND Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 3.9%
Last 30 Days ▲ 16.4%
Last 30 Days ▲ 16.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
99.09%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-41.53%
Trailing 12-Months
Company Description
Blend Labs
Blend Labs Inc is a cloud based platform. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts.
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BLND Company Deck
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BLND Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment overall, driven by the achievement of profitability, strong growth in the Consumer Banking segment, and strategic partnerships aimed at enhancing profitability. The challenges noted, such as the decline in Title margins and cautious outlook for mortgage originations, are acknowledged but do not overshadow the positive momentum in the company's strategic initiatives and financial performance.Read More>---
BLND Stock 12 Month Forecast
Average Price Target
$5.74
▲(30.45% Upside)
Technical Analysis
Best Analysts Covering BLND
1 Year
1 Year Success Rate
8/16 ratings generated profit
1 Year Average Return
+59.14%
reiterated a buy rating 4 days ago
Copying Mike Ng's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +59.14% per trade.
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