Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
3.610
-0.020 (-0.55%)
Nov 4, 2024, 4:00 PM EST - Market closed
Blend Labs Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Blend Labs stock have an average target of 3.65, with a low estimate of 3.00 and a high estimate of 4.75. The average target predicts an increase of 1.11% from the current stock price of 3.61.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Blend Labs stock from 7 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $3 → $4 | Hold | Maintains | $3 → $4 | +10.80% | Oct 23, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $3 → $3.25 | Hold | Maintains | $3 → $3.25 | -9.97% | Aug 12, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold → Strong Buy Upgrades $3 → $4.75 | Hold → Strong Buy | Upgrades | $3 → $4.75 | +31.58% | Aug 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $3 → $3.4 | Strong Buy | Maintains | $3 → $3.4 | -5.82% | Aug 9, 2024 |
| William Blair | William Blair | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Aug 9, 2024 |
Financial Forecast
Revenue This Year
164.02M
from 156.85M
Increased by 4.57%
Revenue Next Year
203.43M
from 164.02M
Increased by 24.03%
EPS This Year
-0.11
from -0.76
EPS Next Year
0.03
from -0.11
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 172.0M | 223.7M | 284.3M |
| Avg | 164.0M | 203.4M | 257.1M |
| Low | 154.4M | 182.3M | 232.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.7% | 36.4% | 39.8% |
| Avg | 4.6% | 24.0% | 26.4% |
| Low | -1.6% | 11.1% | 14.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.09 | 0.08 | 0.14 |
| Avg | -0.11 | 0.03 | 0.10 |
| Low | -0.15 | - | 0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 377.9% |
| Avg | - | - | 245.3% |
| Low | - | - | 174.5% |
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.