NYSE:BLND Blend Labs (BLND) Stock Price, News & Analysis → “Crash Insurance” For Your Retirement (From Unstoppable Prosperity) (Ad) Buy BLND with Qtrade Free BLND Stock Alerts $2.85 +0.07 (+2.52%) (As of 02:52 PM ET) Add Compare Share Share Today's Range$2.71▼$2.9150-Day Range$2.25▼$3.2952-Week Range$0.80▼$3.40Volume1.41 million shsAverage Volume1.74 million shsMarket Capitalization$718.34 millionP/E RatioN/ADividend YieldN/APrice Target$3.06 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Blend Labs alerts: Email Address Blend Labs MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside13.3% Upside$3.15 Price TargetShort InterestBearish4.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.02Based on 19 Articles This WeekInsider TradingSelling Shares$491,260 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.47) to ($0.37) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.08 out of 5 starsComputer And Technology Sector460th out of 593 stocksComputer Programming, Data Processing, & Other Computer Related Industry44th out of 59 stocks 2.2 Analyst's Opinion Consensus RatingBlend Labs has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageBlend Labs has only been the subject of 3 research reports in the past 90 days.Read more about Blend Labs' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.75% of the float of Blend Labs has been sold short.Short Interest Ratio / Days to CoverBlend Labs has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Blend Labs has recently increased by 8.25%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldBlend Labs does not currently pay a dividend.Dividend GrowthBlend Labs does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BLND. Previous Next 1.7 News and Social Media Coverage News SentimentBlend Labs has a news sentiment score of -0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Blend Labs this week, compared to 2 articles on an average week.Search Interest5 people have searched for BLND on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blend Labs insiders have sold 1,376.72% more of their company's stock than they have bought. Specifically, they have bought $33,267.00 in company stock and sold $491,260.00 in company stock.Percentage Held by Insiders11.83% of the stock of Blend Labs is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.56% of the stock of Blend Labs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Blend Labs' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Blend Labs are expected to grow in the coming year, from ($0.47) to ($0.37) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blend Labs is -3.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Blend Labs is -3.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Blend Labs' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceElon’s New Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. About Blend Labs Stock (NYSE:BLND)Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.Read More BLND Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLND Stock News HeadlinesApril 27, 2024 | insidertrades.comNima Ghamsari Sells 100,807 Shares of Blend Labs, Inc. (NYSE:BLND) StockApril 16, 2024 | insidertrades.comBlend Labs, Inc. (NYSE:BLND) Insider Buys $16,602.25 in StockMay 10, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 10, 2024 | americanbankingnews.comBlend Labs (NYSE:BLND) Earns "Hold" Rating from Canaccord Genuity GroupMay 9, 2024 | markets.businessinsider.comBlend Labs: Strategic Growth and Improved Financial Health Amidst Mortgage Market ChallengesMay 9, 2024 | markets.businessinsider.comBlend Labs Exceeds Revenue Expectations with Promising Growth and Efficiency Gains: Maintains Overweight RatingMay 9, 2024 | finance.yahoo.comBlend Labs Inc (BLND) Q1 2024 Earnings Call Transcript Highlights: Strategic Investments and ...May 9, 2024 | finance.yahoo.comBlend Labs, Inc. (NYSE:BLND) Q1 2024 Earnings Call TranscriptMay 10, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 9, 2024 | finanznachrichten.deBlend Labs, Inc. Announces First Quarter 2024 Financial ResultsMay 9, 2024 | markets.businessinsider.comBuy Rating Affirmed: Blend Labs’ Stable Financials and Market Resilience Forecast GrowthMay 9, 2024 | markets.businessinsider.comMortgage Sector Challenges Persist: Blend Labs Holds Steady with Moderate Q1 Performance and Promising PipelineMay 8, 2024 | investorplace.comBLND Stock Earnings: Blend Labs Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | seekingalpha.comBlend Labs, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 8, 2024 | finance.yahoo.comBlend Announces First Quarter 2024 Financial ResultsMay 1, 2024 | businesswire.comBlend to Announce First Quarter 2024 Financial Results on May 8, 2024April 30, 2024 | bizjournals.comFintech Blend raises millions to refinance debtApril 30, 2024 | markets.businessinsider.comBlend Labs: Strong Buy Rating on Financial Fortification and Strategic Growth PotentialApril 30, 2024 | americanbankingnews.comBlend Labs (NYSE:BLND) Stock Price Down 3.2% on Insider SellingApril 29, 2024 | marketwatch.comBlend Labs Shares Rise After Strategic Partnership with HaveliApril 16, 2024 | finance.yahoo.comMichigan Schools and Government Credit Union Selects Blend to Evolve its Digital Lending ExperienceApril 9, 2024 | investorplace.comLooking for the Next Google? Buy These 7 Tech Penny StocksMarch 29, 2024 | techcrunch.comInstagram is developing ‘Blend,’ recommended Reels for you and a friendMarch 21, 2024 | seekingalpha.comBlend Labs, Inc. (BLND) Q4 2023 Earnings Call TranscriptMarch 20, 2024 | finance.yahoo.comBlend Labs, Inc. (NYSE:BLND) Q4 2023 Earnings Call TranscriptMarch 19, 2024 | finance.yahoo.comRandolph-Brooks Federal Credit Union Selects Blend to Transform its Loan Origination ExperienceMarch 18, 2024 | markets.businessinsider.comKBW Releases a Hold Rating on Blend Labs (BLND)See More Headlines Receive BLND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Blend Labs and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/15/2024Today5/10/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Computer programming, data processing, & other computer related Sub-IndustryN/A Current SymbolNYSE:BLND CUSIPN/A CIK1855747 Webwww.blend.com Phone650-550-4810FaxN/AEmployees881Year FoundedN/APrice Target and Rating Average Stock Price Target$3.15 High Stock Price Target$3.50 Low Stock Price Target$3.00 Potential Upside/Downside+10.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.77) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-178,690,000.00 Net Margins-118.15% Pretax Margin-114.62% Return on Equity-595.99% Return on Assets-47.13% Debt Debt-to-Equity Ratio34.81 Current Ratio5.38 Quick Ratio5.38 Sales & Book Value Annual Sales$156.85 million Price / Sales4.47 Cash FlowN/A Price / Cash FlowN/A Book Value($0.08) per share Price / Book-34.75Miscellaneous Outstanding Shares252,050,000Free Float222,231,000Market Cap$700.70 million OptionableNot Optionable Beta1.10 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Nima Ghamsari (Age 38)Co-Founder, Chairman, CEO & Head of Blend Comp: $325kMr. Erin James Collard (Age 44)Co-Founder & Director Mr. Rosco HillCo-FounderMr. Amir Jafari (Age 46)Head of Finance & Administration and Principal Financial Officer Ms. Oxana Tkach (Age 41)Controller & Principal Accounting Officer Mr. Bryan Michaleski C.F.A.Investor Relations LeadMs. Winnie Ling (Age 37)Head of Legal & People Mr. Erik WrobelHead of ProductMs. Aesha ShahHead of DesignMr. Naveen AyyagariHead of EngineeringMore ExecutivesKey CompetitorsSimilarwebNYSE:SMWBEventbriteNYSE:EBCEVANASDAQ:CEVAYalla GroupNYSE:YALAHealthStreamNASDAQ:HSTMView All CompetitorsInsiders & InstitutionsClariVest Asset Management LLCBought 40,158 shares on 5/7/2024Ownership: 0.097%Susquehanna Fundamental Investments LLCBought 28,937 shares on 5/7/2024Ownership: 0.011%SG Americas Securities LLCBought 21,497 shares on 5/7/2024Ownership: 0.009%Sfmg LLCSold 54,600 shares on 5/7/2024Ownership: 0.005%Team Hewins LLCBought 26,722 shares on 5/4/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions BLND Stock Analysis - Frequently Asked Questions Should I buy or sell Blend Labs stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blend Labs in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BLND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLND, but not buy additional shares or sell existing shares. View BLND analyst ratings or view top-rated stocks. What is Blend Labs' stock price target for 2024? 5 equities research analysts have issued 12 month price objectives for Blend Labs' stock. Their BLND share price targets range from $3.00 to $3.50. On average, they predict the company's share price to reach $3.15 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price. View analysts price targets for BLND or view top-rated stocks among Wall Street analysts. How have BLND shares performed in 2024? Blend Labs' stock was trading at $2.55 at the start of the year. Since then, BLND stock has increased by 9.0% and is now trading at $2.78. View the best growth stocks for 2024 here. Are investors shorting Blend Labs? Blend Labs saw a increase in short interest in April. As of April 30th, there was short interest totaling 7,610,000 shares, an increase of 8.3% from the April 15th total of 7,030,000 shares. Based on an average daily volume of 1,870,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 4.8% of the shares of the stock are sold short. View Blend Labs' Short Interest. When is Blend Labs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our BLND earnings forecast. How were Blend Labs' earnings last quarter? Blend Labs, Inc. (NYSE:BLND) released its quarterly earnings data on Friday, March, 15th. The company reported ($0.10) EPS for the quarter, meeting analysts' consensus estimates of ($0.10). The business earned $36.10 million during the quarter, compared to analysts' expectations of $37.52 million. Blend Labs had a negative net margin of 118.15% and a negative trailing twelve-month return on equity of 595.99%. What ETFs hold Blend Labs' stock? ETFs with the largest weight of Blend Labs (NYSE:BLND) stock in their portfolio include Playtech (PTEC). What guidance has Blend Labs issued on next quarter's earnings? Blend Labs issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $37.5 million-$41.5 million, compared to the consensus revenue estimate of $41.8 million. When did Blend Labs IPO? Blend Labs (BLND) raised $340 million in an initial public offering (IPO) on Friday, July 16th 2021. The company issued 20,000,000 shares at $16.00-$18.00 per share. Who are Blend Labs' major shareholders? Blend Labs' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.12%), ClariVest Asset Management LLC (0.10%), Fifth Lane Capital LP (0.01%), Susquehanna Fundamental Investments LLC (0.01%), Team Hewins LLC (0.01%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include Amir Jafari, Crystal Sumner, Jonathan Y Chan, Nima Ghamsari and Timothy J Mayopoulos. View institutional ownership trends. How do I buy shares of Blend Labs? Shares of BLND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:BLND) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. 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