Blend Labs, Inc. (BLND)

Market Cap	394.64M
Revenue (ttm)	163.53M
Net Income (ttm)	-236.22M
Shares Out	238.41M
EPS (ttm)	-0.97
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	621,908
Open	1.57
Previous Close	1.56
Day's Range	1.55 - 1.69
52-Week Range	0.53 - 2.18
Beta	0.49
Analysts	Hold
Price Target	1.48 (-7.5%)
Earnings Date	Nov 7, 2023

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: 1,546
• Stock Exchange: NYSE
• Ticker Symbol: BLND

Financial Performance

In 2022, Blend Labs's revenue was $235.20 million, an increase of 0.30% compared to the previous year's $234.50 million. Losses were -$768.61 million, 348.6% more than in 2021.

Analyst Forecast

According to 5 analysts, the average rating for BLND stock is "Hold." The 12-month stock price forecast is $1.48, which is a decrease of -7.50% from the latest price.

Price Target

$1.48

(-7.50% downside)

Analyst Consensus: Hold