Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
3.770
+0.170 (4.72%)
Jan 21, 2025, 4:00 PM EST - Market closed

Blend Labs Statistics

Total Valuation

Blend Labs has a market cap or net worth of $964.86 million. The enterprise value is $858.46 million.

Market Cap 964.86M
Enterprise Value 858.46M

Important Dates

The next estimated earnings date is Thursday, March 13, 2025, after market close.

Earnings Date Mar 13, 2025
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 (%) 5.52%
Owned by Institutions (%) 49.21%
Float 222.68M

Valuation Ratios

PE Ratio n/a
Forward PE 66.73
PS Ratio 5.79
Forward PS 5.06
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio 3.19
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 5.48
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 +56.43% in the last 52 weeks. The beta is 1.39, so Blend Labs's price volatility has been higher than the market average.

Beta (5Y) 1.39
52-Week Price Change +56.43%
50-Day Moving Average 4.52
200-Day Moving Average 3.44
Relative Strength Index (RSI) 41.81
Average Volume (20 Days) 3,682,945

Short Selling Information

The latest short interest is 11.08 million, so 4.33% of the outstanding shares have been sold short.

Short Interest 11.08M
Short Previous Month 7.89M
Short % of Shares Out 4.33%
Short % of Float 4.98%
Short Ratio (days to cover) 3.37

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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 -8.84%
FCF Yield -3.76%

Analyst Forecast

The average price target for Blend Labs is $4.86, which is 28.91% higher than the current price. The consensus rating is "Buy".

Price Target $4.86
Price Target Difference 28.91%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock 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