Blend Labs, Inc. (BLND)
Market Cap | 821.10M |
Revenue (ttm) | 162.02M |
Net Income (ttm) | -60.48M |
Shares Out | 258.61M |
EPS (ttm) | -0.24 |
PE Ratio | n/a |
Forward PE | 53.83 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 41,092 |
Open | 3.190 |
Previous Close | 3.260 |
Day's Range | 3.160 - 3.190 |
52-Week Range | 2.080 - 5.530 |
Beta | 1.30 |
Analysts | Buy |
Price Target | 4.45 (+40.16%) |
Earnings Date | May 8, 2025 |
About BLND
Blend Labs, Inc. provides a cloud-based software platform for financial services firms in the United States. It operates in two segments, Blend Platform and Title. The company 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 a suite of add-on products that offers to enhance consumers’ journeys to homeownership, such as close, income verification for mortgage and home equity, homeowners’ insurance, an... [Read more]
Financial Performance
In 2024, Blend Labs's revenue was $162.02 million, an increase of 3.30% compared to the previous year's $156.85 million. Losses were -$60.48 million, -67.36% less than in 2023.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for BLND stock is "Buy." The 12-month stock price forecast is $4.45, which is an increase of 40.16% from the latest price.
News

The Federal Savings Bank Partners with Blend to Power a Faster Mortgage Refinance Experience for Borrowers
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that The Federal Savings Bank (TFSB), a top privately held, ...

CrossCountry Mortgage and Blend Introduce Joint Solutions to Simplify Loan Origination
SAN FRANCISCO--(BUSINESS WIRE)--CrossCountry Mortgage, the nation's number one distributed retail mortgage lender, and Blend, a leading origination platform for digital banking solutions, today announ...

Blend to Announce First Quarter 2025 Financial Results on May 8, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that the Company's first quarter 2025 financial results wil...

Blend and Alloy Expand Partnership to Supercharge Fraud Prevention for Banks and Credit Unions
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, announced today an expanded partnership with Alloy, a leading identity and f...

Blend and Prove Partner to Accelerate Digital Onboarding with Advanced ID Verification
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced a direct integration with Prove Identity, Inc., a global le...

Seven of the Top 10 Credit Unions Partner with Blend
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, announced that seven of the top ten credit unions in the United States are ...

Blend Expands Multilingual Mortgage Solutions with Talk'uments Partnership
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, is excited to announce a strategic partnership with Talk'uments, the leadin...

Blend Labs, Inc. (BLND) Q4 2024 Earnings Call Transcript
Blend Labs, Inc. (NYSE:BLND) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Winnie Ling - Head-Legal & People Nima Ghamsari - Co-Founder & Head-Blend Amir Jafari -...

Blend Announces Fourth Quarter and Full Year 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced its fourth quarter and full year 2024 financial results. “2...

Blend Launches Rapid Home Lending Solutions to Transform Refinance and Home Equity Lending
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced the launch of Rapid Home Lending, a breakthrough suite of s...

Blend to Announce Fourth Quarter and Full Year 2024 Financial Results on February 27, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that the Company's fourth quarter and full year 2024 financ...

Blend Wins HousingWire Tech100 Mortgage Award for Sixth Consecutive Year
SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that it has been named a 2025 HousingWire Tech100 Mortgage award winne...

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...

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...

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...

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 ...

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

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...

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 ...

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 ...

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...

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...

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...

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 - ...

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.