Blend Labs, Inc. (BLND)
NYSE:BLND
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BLND Stock Chart & Stats
$1.57
-$0.06(-1.61%)
At close: 4:00 PM EST
$1.57
-$0.06(-1.61%)
Day’s Range― - ―
52-Week Range$1.18 - $4.49
Previous CloseN/A
Volume845.24K
Average Volume (3M)3.97M
Market Cap
$401.91M
Enterprise Value$559.61M
Total Cash (Recent Filing)$60.97M
Total Debt (Recent Filing)$165.58M
Price to Earnings (P/E)―
Beta1.25
Next Earnings
Aug 06, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding238,860,280
10 Day Avg. Volume4,673,963
30 Day Avg. Volume3,965,577
Financial Highlights & Ratios
PEG Ratio1.68
Price to Book (P/B)-25.77
Price to Sales (P/S)6.37
P/FCF Ratio-9.72K
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue4.38
Enterprise Value/Gross Profit5.86
Enterprise Value/Ebitda103.45
Forecast
1Y Price Target
$3.32Price Target Upside111.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)0.06
Revenue Forecast (FY)$131.69M
Bulls Say, Bears Say
Bulls Say
High Gross Margins & Operating LeverageBlend's persistently high gross margins (roughly 75%–80%) indicate strong unit economics for its cloud lending platform. High gross margin supports durable operating leverage as revenue scales, enabling margin expansion and reinvestment while insulating core SaaS profitability from cost volatility.
AI Product Traction (Autopilot)Early Autopilot adoption shows structural product differentiation: live deployments, real application volume, and a measurable pipeline. If monetized at scale, Autopilot can materially enhance per-customer economics, stickiness, and long-term top-line growth via AI-driven workflow automation.
Recurring SaaS Model & Growing PipelineBlend's SaaS, transaction-linked revenue model benefits from multi-year contracts and expansions. A >40% year-over-year pipeline increase and recent new deals with top-20 and top-100 banks point to durable enterprise sales momentum and recurring revenue potential over the medium term.
Bears Say
Negative Stockholders' EquityPersistent negative equity signals past losses that constrain financial flexibility and may limit access to capital markets during stress. Structurally, negative equity raises refinancing risk, can complicate covenant negotiations, and reduces the firm's buffer against economic downturns.
Inconsistent Cash Generation; Negative FCFAlthough operating cash flow has improved toward breakeven, free cash flow remains negative and volatile. Without consistent positive FCF, Blend faces constrained internal funding for growth initiatives, longer paths to sustainable self-funding, and greater reliance on external capital if growth needs accelerate.
Customer Concentration & Market-Share HeadwindDependence on a few large customers creates structural revenue risk: volume roll-offs or contract changes at a major client can materially affect growth and per-loan economics. This concentration limits predictability and can amplify downside in industry slowdowns or client-specific shifts.
Blend Labs News
BLND FAQ
What was Blend Labs, Inc.’s price range in the past 12 months?
Blend Labs, Inc. lowest stock price was $1.18 and its highest was $4.49 in the past 12 months.
What is Blend Labs, Inc.’s market cap?
Blend Labs, Inc.’s market cap is $401.91M.
When is Blend Labs, Inc.’s upcoming earnings report date?
Blend Labs, Inc.’s upcoming earnings report date is Aug 06, 2026 which is in 64 days.
How were Blend Labs, Inc.’s earnings last quarter?
Blend Labs, Inc. released its earnings results on May 07, 2026. The company reported $0 earnings per share for the quarter, missing the consensus estimate of $0.004 by -$0.004.
Is Blend Labs, Inc. overvalued?
According to Wall Street analysts Blend Labs, Inc.’s price is currently Undervalued.
Does Blend Labs, Inc. pay dividends?
Blend Labs, Inc. does not currently pay dividends.
What is Blend Labs, Inc.’s EPS estimate?
Blend Labs, Inc.’s EPS estimate is 0.02.
How many shares outstanding does Blend Labs, Inc. have?
Blend Labs, Inc. has 238,860,280 shares outstanding.
What happened to Blend Labs, Inc.’s price movement after its last earnings report?
Blend Labs, Inc. reported an EPS of $0 in its last earnings report, missing expectations of $0.004. Following the earnings report the stock price went down -14.815%.
Which hedge fund is a major shareholder of Blend Labs, Inc.?
Currently, no hedge funds are holding shares in BLND
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Blend Labs Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.32 (111.25% Upside)
$3.32 (111.25% Upside)
Blogger Sentiment
Neutral
BLND Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $7.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.1%
Last 30 Days ▲ 4.7%
Last 30 Days ▲ 4.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-54.39%
12-Months-Change
Fundamentals
Return on Equity
-12.24%
Trailing 12-Months
Asset Growth
-14.35%
Trailing 12-Months
Company Description
Blend Labs, Inc.
Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.
BLND Company Deck
BLND Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a mix of strong operational and product momentum — revenue up 15% YoY, mortgage volume up 29% YoY, meaningful early traction for Autopilot (65 activations, 22 live, >7k applications, $10M pipeline), margin expansion, and internal productivity gains — balanced against near-term macro and customer-specific headwinds (expected EVPFL step-down, a ~100bp market-share headwind from one large client), a material year-over-year decline in free cash flow (~55%), and some one-time accounting benefits that boosted gross margin. Management is cautious in the near term but optimistic on medium-term AI-driven upside (10%–15% potential incremental top-line growth by 2027) while keeping Autopilot out of guidance until pricing and adoption settle.View all BLND earnings summariesBLND Stock 12 Month Forecast
Average Price Target
$3.32
▲(111.25% Upside)
Technical Analysis
Ownership Overview
15.09% Insiders
9.79% Mutual Funds
35.54% Other Institutional Investors
27.74% Public Companies and
Individual Investors