Blend Labs, Inc. (BLND)
NYSE: BLND · IEX Real-Time Price · USD
3.160
-0.040 (-1.25%)
May 17, 2024, 4:00 PM EDT - Market closed
Blend Labs Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Blend Labs stock have an average target of 2.78, with a low estimate of 1.30 and a high estimate of 3.50. The average target predicts a decrease of -12.03% from the current stock price of 3.16.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Blend Labs stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $2.65 → $3 | Hold | Maintains | $2.65 → $3 | -5.06% | May 10, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $3 | Hold | Maintains | $3 | -5.06% | May 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $2 → $3 | Hold | Maintains | $2 → $3 | -5.06% | Mar 19, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $2 → $3 | Hold | Maintains | $2 → $3 | -5.06% | Mar 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $1.85 → $2.65 | Hold | Maintains | $1.85 → $2.65 | -16.14% | Mar 18, 2024 |
Financial Forecast
Revenue This Year
168.59M
from 156.85M
Increased by 7.49%
Revenue Next Year
216.99M
from 168.59M
Increased by 28.71%
EPS This Year
-0.19
from -0.76
EPS Next Year
-0.05
from -0.19
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 189.5M | 247.7M | 327.5M |
| Avg | 168.6M | 217.0M | 282.1M |
| Low | 151.3M | 184.7M | 245.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.8% | 46.9% | 50.9% |
| Avg | 7.5% | 28.7% | 30.0% |
| Low | -3.6% | 9.6% | 13.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.17 | 0.02 | 0.11 |
| Avg | -0.19 | -0.05 | 0.06 |
| Low | -0.25 | -0.14 | 0.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.