Blend Labs Statistics
Total Valuation
Blend Labs has a market cap or net worth of $1.13 billion. The enterprise value is $1.01 billion.
Important Dates
The last earnings date was Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Blend Labs has 255.93 million shares outstanding. The number of shares has increased by 3.80% in one year.
| Current Share Class | 252.18M |
| Shares Outstanding | 255.93M |
| Shares Change (YoY) | +3.80% |
| Shares Change (QoQ) | +0.73% |
| Owned by Insiders (%) | 5.62% |
| Owned by Institutions (%) | 49.19% |
| Float | 222.40M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 77.88 |
| PS Ratio | 7.07 |
| Forward PS | 5.88 |
| PB Ratio | n/a |
| P/TBV Ratio | n/a |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | 3.89 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 6.47 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.24, with a Debt / Equity ratio of 0.04.
| Current Ratio | 3.24 |
| Quick Ratio | 3.00 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -4.46 |
Financial Efficiency
Return on equity (ROE) is -77.06% and return on invested capital (ROIC) is -18.07%.
| Return on Equity (ROE) | -77.06% |
| Return on Assets (ROA) | -15.28% |
| Return on Capital (ROIC) | -18.07% |
| Revenue Per Employee | $177,883 |
| Profits Per Employee | -$97,377 |
| Employee Count | 881 |
| Asset Turnover | 0.62 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Blend Labs has paid $9,000 in taxes.
| Income Tax | 9,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +92.98% in the last 52 weeks. The beta is 1.34, so Blend Labs's price volatility has been higher than the market average.
| Beta (5Y) | 1.34 |
| 52-Week Price Change | +92.98% |
| 50-Day Moving Average | 4.41 |
| 200-Day Moving Average | 3.37 |
| Relative Strength Index (RSI) | 38.52 |
| Average Volume (20 Days) | 3,295,035 |
Short Selling Information
The latest short interest is 7.89 million, so 3.08% of the outstanding shares have been sold short.
| Short Interest | 7.89M |
| Short Previous Month | 12.73M |
| Short % of Shares Out | 3.08% |
| Short % of Float | 3.55% |
| Short Ratio (days to cover) | 2.74 |
Income Statement
In the last 12 months, Blend Labs had revenue of $156.72 million and -$85.79 million in losses. Loss per share was -$0.34.
| Revenue | 156.72M |
| Gross Profit | 85.54M |
| Operating Income | -61.65M |
| Pretax Income | -112.09M |
| Net Income | -85.79M |
| EBITDA | -59.24M |
| EBIT | -61.65M |
| Loss Per Share | -$0.34 |
Full Income StatementBalance Sheet
The company has $116.79 million in cash and $5.27 million in debt, giving a net cash position of $111.52 million or $0.44 per share.
| Cash & Cash Equivalents | 116.79M |
| Total Debt | 5.27M |
| Net Cash | 111.52M |
| Net Cash Per Share | $0.44 |
| Equity (Book Value) | 138.64M |
| Book Value Per Share | -0.19 |
| Working Capital | 101.16M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$29.15 million and capital expenditures -$7.35 million, giving a free cash flow of -$36.49 million.
| Operating Cash Flow | -29.15M |
| Capital Expenditures | -7.35M |
| Free Cash Flow | -36.49M |
| FCF Per Share | -$0.14 |
Full Cash Flow StatementMargins
Gross margin is 54.58%, with operating and profit margins of -39.34% and -46.46%.
| Gross Margin | 54.58% |
| Operating Margin | -39.34% |
| Pretax Margin | -46.63% |
| Profit Margin | -46.46% |
| EBITDA Margin | -37.80% |
| EBIT Margin | -39.34% |
| FCF Margin | n/a |
Dividends & Yields
Blend Labs does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -3.80% |
| Shareholder Yield | -3.80% |
| Earnings Yield | -7.62% |
| FCF Yield | -3.24% |
Analyst Forecast
The average price target for Blend Labs is $4.86, which is 10.46% higher than the current price. The consensus rating is "Buy".
| Price Target | $4.86 |
| Price Target Difference | 10.46% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Blend Labs has an Altman Z-Score of -1.94 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -1.94 |
| Piotroski F-Score | 3 |