Blend Labs, Inc. (BLND)

NYSE: BLND · Real-Time Price · USD
3.600
+0.010 (0.28%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.28%
Market Cap 921.35M
Revenue (ttm) 156.72M
Net Income (ttm) -85.79M
Shares Out 255.93M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE 63.72
Dividend n/a
Ex-Dividend Date n/a
Volume 1,992,251
Open 3.650
Previous Close 3.590
Day's Range 3.580 - 3.690
52-Week Range 2.080 - 5.530
Beta 1.39
Analysts Buy
Price Target 4.86 (+35.0%)
Earnings Date Mar 13, 2025

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... [Read more]

Sector Technology
IPO Date Jul 16, 2021
Employees 881
Stock Exchange NYSE
Ticker Symbol BLND
Full Company Profile

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.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for BLND stock is "Buy." The 12-month stock price forecast is $4.86, which is an increase of 35.00% from the latest price.

Price Target
$4.86
(35.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PHH Mortgage Partners with Blend to Revolutionize Home Lending Operations

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced a partnership with PHH Mortgage, a subsidiary of Onity Grou...

Other symbols: ONIT
5 weeks ago - Business Wire

Srini Venkatramani Joins Blend As Head of Product, Technology, and Customer Operations

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading platform for digital banking solutions, today announced the appointment of Srini Venkatramani as Head of Product, Technology, a...

6 weeks ago - Business Wire

Blend Labs to Participate in Wells Fargo TMT Summit

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that its management will participate at the following invest...

7 weeks ago - Business Wire

Blend To Participate In The 2024 KBW Fintech Conference

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform, announced today that Nima Ghamsari, Co-Founder and Head of Blend, will be presenting at the 2024 ...

2 months ago - Business Wire

Blend Labs, Inc. (BLND) Q3 2024 Earnings Call Transcript

Blend Labs, Inc. (BLND) Q3 2024 Earnings Call Transcript

2 months ago - Seeking Alpha

Blend Announces Third Quarter 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE:BLND), a leading origination platform for digital banking solutions, today announced its third quarter 2024 financial results. “The third quarter...

2 months ago - Business Wire

Blend and Covered Insurance Announce New Strategic Partnership to Streamline Home Insurance Shopping

SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), the leading origination platform for digital banking solutions, and Covered Insurance Solutions (Covered), a premier provider of embedded insurance ...

2 months ago - Business Wire

Blend's Erik Wrobel Receives 2024 HousingWire Tech Trendsetter Award

SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), the leading origination platform for digital banking solutions, announced today that Erik Wrobel, Blend's Head of Product, was recognized as a 2024 ...

2 months ago - Business Wire

Blend to Announce Third Quarter 2024 Financial Results on November 6, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), the leading origination platform for digital banking solutions, today announced that the Company's third quarter 2024 financial results w...

2 months ago - Business Wire

SouthState Bank Transforms Mortgage Operations with Blend Close

SAN FRANCISCO--(BUSINESS WIRE)--Blend, the leading origination platform for digital banking solutions, is pleased to announce the successful implementation of its Close solution at SouthState Bank (So...

Other symbols: SSB
3 months ago - Business Wire

PenFed Credit Union Selects Blend to Transform Home Lending Operations

SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), the leading origination platform for banking solutions, today announced a partnership with PenFed Credit Union to enhance its home lending operation...

3 months ago - Business Wire

Blend Labs, Inc (BLND) Q2 2024 Earnings Call Transcript

Blend Labs, Inc (NYSE:BLND) Q2 2024 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Winnie Ling - Head-Legal and People Nima Ghamsari - Co-Founder and Head-Blend Amir Jafari - ...

5 months ago - Seeking Alpha

Crude Oil Rises; Blend Labs Shares Jump Following Q2 Results

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining more than 50 points on Friday.

5 months ago - Benzinga

Blend Announces Second Quarter 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE:BLND), the leading platform for digital banking solutions, today announced its second quarter 2024 financial results. “The second quarter marked ...

5 months ago - Business Wire

Blend to Participate in The Canaccord Genuity 44th Annual Growth Conference

SAN FRANCISCO--(BUSINESS WIRE)--Blend, Inc. (NYSE: BLND) today announced that Nima Ghamsari, Co-Founder and Head of Blend, will be presenting at the Canaccord Genuity 44th Annual Growth Conference in ...

5 months ago - Business Wire

First National Bank of Fort Smith Partners with Blend to Streamline their Mortgage Lending and HELOC Businesses

SAN FRANCISCO--(BUSINESS WIRE)--FNB Mortgage, the mortgage division of The First National Bank of Fort Smith, as well as its other bank divisions First National Bank of NWA, National Bank of Sallisaw,...

5 months ago - Business Wire

Blend to Announce Second Quarter 2024 Financial Results on August 8, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in digital banking solutions, today announced that the Company's second quarter 2024 financial results will be released after ma...

6 months ago - Business Wire

Langley FCU Launches Deposit Accounts With Blend, Achieves 37% Growth In New Digital Account Openings

SAN FRANCISCO--(BUSINESS WIRE)--Blend, a leading provider of digital banking technology, is pleased to announce the successful implementation of its Deposit Accounts solution at Langley Federal Credit...

6 months ago - Business Wire

Horizon Bank Selects Blend To Upgrade Mortgage Lending Experience

SAN FRANCISCO--(BUSINESS WIRE)--Horizon Bank, an $8 billion financial institution and division of Horizon Bancorp, Inc. (NASDAQ GS: HBNC), one of the largest independent bank holding companies in the ...

6 months ago - Business Wire

Palmetto Citizens FCU Selects Blend to Power Mortgage and Home Equity Solutions

SAN FRANCISCO--(BUSINESS WIRE)--Blend, a leading provider of digital banking solutions, today announced a new partnership with Palmetto Citizens, one of South Carolina's largest credit unions with ass...

6 months ago - Business Wire

Andrews Federal Credit Union Partners with Blend To Implement an Omnichannel Deposit Account Opening Solution

SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leading provider of digital banking solutions, today announced a new partnership with Andrews Federal Credit Union, the 4th largest credit union i...

7 months ago - Business Wire

Blend Recognized in the 2024 Gartner® Market Guide for Digital Banking Platforms

SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leading provider of cloud banking services, today announced its recognition as a representative vendor in the 2024 Gartner Market Guide for Digita...

7 months ago - Business Wire

Bryan Sullivan and Eric Woersching Join Blend's Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leading provider of digital banking solutions, is pleased that Bryan Sullivan and Eric Woersching have been elected to its Board of Directors, at ...

7 months ago - Business Wire

Blend to Join Russell 2000® Index

SAN FRANCISCO--(BUSINESS WIRE)--Blend, a leading provider of digital banking solutions, today announced that it expects to join the Russell 2000® Index as part of the annual reconstitution of the Russ...

8 months ago - Business Wire

Blend Labs, Inc. (BLND) Q1 2024 Earnings Call Transcript

Blend Labs, Inc. (NYSE:BLND) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Winnie Ling – Head-Legal and People Nima Ghamsari – Co-Founder and Head-Blend Amir Jafari – H...

9 months ago - Seeking Alpha