Blend Labs Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Blend Labs stock have an average target of 4.86, with a low estimate of 3.00 and a high estimate of 7.00. The average target predicts an increase of 10.45% from the current stock price of 4.40.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$3.00	$4.86	$4.00	$7.00
Change	-31.82%	+10.45%	-9.09%	+59.09%

Analyst Ratings

The average analyst rating for Blend Labs stock from 8 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	2	2	2	2	2
Buy	1	2	2	2	2	3
Hold	3	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	6	6	7	7	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Vafi Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $5.75	Strong Buy	Maintains	$5.75	+30.68%	Dec 20, 2024
Aaron Kimson JMP Securities	JMP Securities	Buy Initiates $7	Buy	Initiates	$7	+59.09%	Dec 18, 2024
Michael Turrin Wells Fargo	Wells Fargo	Buy Maintains $4.5 → $6.5	Buy	Maintains	$4.5 → $6.5	+47.73%	Dec 5, 2024
Michael Ng Goldman Sachs	Goldman Sachs	Strong Buy Maintains $3.4 → $3.9	Strong Buy	Maintains	$3.4 → $3.9	-11.36%	Nov 7, 2024
Michael Turrin Wells Fargo	Wells Fargo	Buy Maintains $3.5 → $4.5	Buy	Maintains	$3.5 → $4.5	+2.27%	Nov 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

165.23M

from 156.85M

5.35%

from 156.85M

Revenue Next Year

199.27M

from 165.23M

20.60%

from 165.23M

EPS This Year

-0.07

from -0.76

EPS Next Year

0.05

from -0.07

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	50.67M	96.03M	234.50M	235.20M	156.85M	165.23M	199.27M	243.73M
Revenue Growth	-	89.51%	144.19%	0.30%	-33.31%	5.35%	20.60%	22.31%
EPS	-2.49	-1.89	-1.30	-3.28	-0.76	-0.07	0.05	0.11
EPS Growth	-	-	-	-	-	-	-	103.85%
Forward PE	-	-	-	-	-	-	82.96	40.70
No. Analysts	-	-	-	-	-	7	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	171.4M	218.0M	282.5M
Avg	165.2M	199.3M	243.7M
Low	158.2M	181.3M	203.7M

Revenue Growth

Revenue Growth	2024	2025	2026
High	9.2%	31.9%	41.7%
Avg	5.3%	20.6%	22.3%
Low	0.8%	9.7%	2.2%

EPS Forecast

EPS	2024	2025	2026
High	-0.06	0.09	0.18
Avg	-0.07	0.05	0.11
Low	-0.09	0.03	0.05

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	236.5%
Avg	-	-	103.8%
Low	-	-	-7.6%

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.