Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
4.320
-0.060 (-1.37%)
Nov 15, 2024, 4:00 PM EST - Market closed
Blend Labs Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Blend Labs stock have an average target of 4.17, with a low estimate of 3.00 and a high estimate of 5.75. The average target predicts a decrease of -3.47% from the current stock price of 4.32.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Blend Labs stock from 7 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $3.4 → $3.9 | Strong Buy | Maintains | $3.4 → $3.9 | -9.72% | Nov 7, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $3.5 → $4.5 | Buy | Maintains | $3.5 → $4.5 | +4.17% | Nov 7, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $3.25 → $3.85 | Hold | Maintains | $3.25 → $3.85 | -10.88% | Nov 7, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $4.75 → $5.75 | Strong Buy | Maintains | $4.75 → $5.75 | +33.10% | Nov 7, 2024 |
| UBS | UBS | Hold Maintains $3 → $4 | Hold | Maintains | $3 → $4 | -7.41% | Oct 23, 2024 |
Financial Forecast
Revenue This Year
165.57M
from 156.85M
Increased by 5.56%
Revenue Next Year
202.13M
from 165.57M
Increased by 22.08%
EPS This Year
-0.09
from -0.76
EPS Next Year
0.05
from -0.09
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 172.0M | 223.7M | 284.3M |
| Avg | 165.6M | 202.1M | 246.5M |
| Low | 158.2M | 181.3M | 203.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.7% | 35.1% | 40.7% |
| Avg | 5.6% | 22.1% | 21.9% |
| Low | 0.8% | 9.5% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.06 | 0.09 | 0.18 |
| Avg | -0.09 | 0.05 | 0.14 |
| Low | -0.11 | - | 0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 280.4% |
| Avg | - | - | 197.1% |
| Low | - | - | 67.1% |
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.