Blend Labs, Inc. (BLND)

Market Cap	590.23M
Revenue (ttm)	154.46M
Net Income (ttm)	-139.98M
Shares Out	242.89M
EPS (ttm)	-0.58
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,593,687
Open	2.400
Previous Close	2.410
Day's Range	2.370 - 2.500
52-Week Range	0.927 - 3.405
Beta	1.15
Analysts	Buy
Price Target	3.15 (+29.63%)
Earnings Date	Aug 7, 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

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 4 analysts, the average rating for BLND stock is "Buy." The 12-month stock price forecast is $3.15, which is an increase of 29.63% from the latest price.

Price Target

$3.15

(29.63% upside)

Analyst Consensus: Buy