Blend Labs, Inc. (BLND)

Market Cap	1.30B
Revenue (ttm)	156.72M
Net Income (ttm)	-85.79M
Shares Out	255.93M
EPS (ttm)	-0.34
PE Ratio	n/a
Forward PE	112.42
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,638,093
Open	4.91
Previous Close	4.97
Day's Range	4.85 - 5.11
52-Week Range	1.18 - 5.11
Beta	1.16
Analysts	Buy
Price Target	4.17 (-17.75%)
Earnings Date	Nov 6, 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
• Website: https://blend.com

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 7 analysts, the average rating for BLND stock is "Buy." The 12-month stock price forecast is $4.17, which is a decrease of -17.75% from the latest price.

Price Target

$4.17

(-17.75% downside)

Analyst Consensus: Buy