Blend Labs, Inc. (BLND)

Market Cap	563.25M
Revenue (ttm)	156.85M
Net Income (ttm)	-185.32M
Shares Out	242.78M
EPS (ttm)	-0.76
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,003,377
Open	2.450
Previous Close	2.420
Day's Range	2.300 - 2.540
52-Week Range	0.529 - 3.405
Beta	1.01
Analysts	Buy
Price Target	2.43 (+4.74%)
Earnings Date	May 8, 2024

About BLND

Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mo...

• Industry: Software - Application
• Sector: Technology
• IPO Date: Jul 16, 2021
• Employees: 881
• Stock Exchange: NYSE
• Ticker Symbol: BLND

Financial Performance

In 2023, Blend Labs's revenue was $156.85 million, a decrease of -33.31% compared to the previous year's $235.20 million. Losses were -$185.32 million, -75.89% less than in 2022.

Analyst Forecast

According to 6 analysts, the average rating for BLND stock is "Buy." The 12-month stock price forecast is $2.43, which is an increase of 4.74% from the latest price.

Price Target

$2.43

(4.74% upside)

Analyst Consensus: Buy