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Blend Labs (BLND)
NYSE:BLND
Blend Labs (BLND) Stock Price & Analysis
131 Followers
BLND Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.53 - $3.41
Previous Close$2.33
Volume770.83K
Average Volume (3M)1.82M
Market Cap
$589.79M
Enterprise Value$641.82M
Total Cash (Recent Filing)$136.96M
Total Debt (Recent Filing)$145.32M
Price to Earnings (P/E)-3.1
Beta1.39
Next Earnings
May 08, 2024EPS Estimate
-$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.76
Shares Outstanding252,047,722
10 Day Avg. Volume1,377,173
30 Day Avg. Volume1,820,164
Standard Deviation0.32
R-Squared0.03
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-27.51
Price to Sales (P/S)3.60
Price to Cash Flow (P/CF)-7.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.09
Enterprise Value/Gross Profit7.91
Enterprise Value/Ebitda-5.89
Forecast
1Y Price Target
$3.05Price Target Upside30.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Blend Labs News
PremiumCompany Announcements
Blend Labs Reinforces Transparency with Updated Investor Materials
Bulls Say, Bears Say
Bulls Say
Financial MilestonesAnalyst estimates the company to turn free cash flow positive within the year, with a low double-digit free cash flow margin in FY26.
Market PerformanceBlend's ability to grow its market share in such an environment is a clear sign of a strong business model.
Product AdoptionThe Blend Builder Platform shows strong adoption and is driving incremental cost savings for the company while also accelerating innovation.
Bears Say
Earnings PerformanceTotal revenue of $36.1M in Q4, down 16% y/y but in line with guidance.
Future Earnings GuidanceRevenue guidance for the next quarter fell short of consensus estimates.
Industry HeadwindsThe US mortgage industry underperformed market forecasts, impacting BLND's market.
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Ownership Overview
20.10% Insiders
8.62% Mutual Funds
4.24% Other Institutional Investors
67.04% 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 $0.53 and its highest was $3.40 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 May 08, 2024 which is in 14 days.
How were Blend Labs’s earnings last quarter?
Blend Labs released its earnings results on Mar 14, 2024. The company reported -$0.07 earnings per share for the quarter, beating the consensus estimate of -$0.087 by $0.017.
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 -$0.07.
How many shares outstanding does Blend Labs have?
Blend Labs has 242,497,380 shares outstanding.
What happened to Blend Labs’s price movement after its last earnings report?
Blend Labs reported an EPS of -$0.07 in its last earnings report, beating expectations of -$0.087. Following the earnings report the stock price went up 19.574%.
Which hedge fund is a major shareholder of Blend Labs?
Among the largest hedge funds holding Blend Labs’s share is EdgePoint Investment Group Inc.. It holds Blend Labs’s shares valued at 30M.
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Blend Labs Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.05 (30.34% Upside)
$3.05 (30.34% Upside)
Blogger Sentiment
Bullish
BLND Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 619.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.1%
Last 30 Days ▼ 13.4%
Last 30 Days ▼ 13.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
187.65%
12-Months-Change
Fundamentals
Return on Equity
-356.63%
Trailing 12-Months
Asset Growth
-53.00%
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
Q4 2024
0:00 / 0:00
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BLND Stock 12 Months Forecast
Average Price Target
$3.05
▲(30.34% Upside)
Technical Analysis
Best Analysts Covering BLND
1 Year
1 Year Success Rate
5/12 ratings generated profit
1 Year Average Return
+21.18%
reiterated a buy rating last month
Copying Mike Ng's trades and holding each position for 1 Year would result in 41.67% of your transactions generating a profit, with an average return of +21.18% per trade.
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