Blend Labs, Inc. (BLND)
NYSE: BLND · IEX Real-Time Price · USD
2.430
+0.020 (0.83%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Blend Labs Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Blend Labs stock have an average target of 3.15, with a low estimate of 3.00 and a high estimate of 3.50. The average target predicts an increase of 29.63% from the current stock price of 2.43.
Analyst Consensus: Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for Blend Labs stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 4 | 4 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $2.65 → $3 | Hold | Maintains | $2.65 → $3 | +23.46% | May 10, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $3 | Hold | Maintains | $3 | +23.46% | May 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $2 → $3 | Hold | Maintains | $2 → $3 | +23.46% | Mar 19, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $2 → $3 | Hold | Maintains | $2 → $3 | +23.46% | Mar 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $1.85 → $2.65 | Hold | Maintains | $1.85 → $2.65 | +9.05% | Mar 18, 2024 |
Financial Forecast
Revenue This Year
164.65M
from 156.85M
Increased by 4.98%
Revenue Next Year
212.44M
from 164.65M
Increased by 29.03%
EPS This Year
-0.14
from -0.76
EPS Next Year
-0.01
from -0.14
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 177.7M | 255.2M | 335.0M |
| Avg | 164.7M | 212.4M | 275.3M |
| Low | 152.0M | 181.3M | 241.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.3% | 55.0% | 57.7% |
| Avg | 5.0% | 29.0% | 29.6% |
| Low | -3.1% | 10.1% | 13.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.12 | 0.06 | 0.15 |
| Avg | -0.14 | -0.01 | 0.10 |
| Low | -0.17 | -0.07 | 0.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.