NYSE:BLND Blend Labs (BLND) Stock Price, News & Analysis → Does this make you sick? (From Allegiance Gold) (Ad) Free BLND Stock Alerts $3.04 -0.09 (-2.88%) (As of 09:51 AM ET) Add Compare Share Share Today's Range$3.02▼$3.0950-Day Range$2.25▼$3.2952-Week Range$0.80▼$3.40Volume107,814 shsAverage Volume1.72 million shsMarket Capitalization$767.23 millionP/E RatioN/ADividend YieldN/APrice Target$3.15 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/Downside3.6% Upside$3.15 Price TargetShort InterestBearish4.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.26Based on 5 Articles This WeekInsider TradingSelling Shares$1.27 M 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.0.60 out of 5 starsComputer And Technology Sector543rd out of 582 stocksComputer Programming, Data Processing, & Other Computer Related Industry52nd out of 58 stocks 1.2 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 2.4 News and Social Media Coverage News SentimentBlend Labs has a news sentiment score of 0.26. 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 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Blend Labs this week, compared to 2 articles on an average week.Search Interest4 people have searched for BLND on MarketBeat in the last 30 days. This is an increase of 100% 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 3,722.84% more of their company's stock than they have bought. Specifically, they have bought $33,267.00 in company stock and sold $1,271,744.00 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 -5.24, 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 -5.24, 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 Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry 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 HeadlinesMay 17, 2024 | insidertrades.comNima Ghamsari Sells 281,763 Shares of Blend Labs, Inc. (NYSE:BLND) StockApril 27, 2024 | insidertrades.comNima Ghamsari Sells 100,807 Shares of Blend Labs, Inc. (NYSE:BLND) StockMay 16, 2024 | americanbankingnews.comBlend Labs, Inc. (NYSE:BLND) Sees Large Growth in Short InterestMay 14, 2024 | americanbankingnews.comKeefe, Bruyette & Woods Raises Blend Labs (NYSE:BLND) Price Target to $3.00May 10, 2024 | finance.yahoo.comBlend Labs Inc (BLND) Meets Revenue Expectations and Reduces Operating Loss in Q1 2024May 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 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 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 ExperienceSee 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 Earnings3/15/2024Today5/21/2024Next 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+3.6%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.58) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-178,690,000.00 Net Margins-90.62% Pretax Margin-86.94% Return on Equity-595.99% Return on Assets-43.58% Debt Debt-to-Equity Ratio34.81 Current Ratio3.75 Quick Ratio3.75 Sales & Book Value Annual Sales$154.46 million Price / Sales4.97 Cash FlowN/A Price / Cash FlowN/A Book Value($0.08) per share Price / Book-38.00Miscellaneous Outstanding Shares252,378,000Free Float222,522,000Market Cap$767.23 million OptionableNot Optionable Beta1.10 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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 CompetitorsYalla GroupNYSE:YALAHealthStreamNASDAQ:HSTMSimilarwebNYSE:SMWBNextdoorNYSE:KINDEventbriteNYSE:EBView All CompetitorsInsiders & InstitutionsEdgePoint Investment Group Inc.Sold 5,437,005 shares on 5/17/2024Ownership: 2.476%Jacobs Levy Equity Management Inc.Bought 371,233 shares on 5/16/2024Ownership: 0.162%Center Lake Capital Management LLCBought 275,000 shares on 5/16/2024Ownership: 0.109%Bayesian Capital Management LPBought 31,424 shares on 5/16/2024Ownership: 0.012%Caxton Associates LPBought 18,574 shares on 5/16/2024Ownership: 0.007%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 equities research 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 equities research 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 Wall Street analysts have issued twelve-month price targets 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 3.6% 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 beginning of 2024. Since then, BLND stock has increased by 19.2% and is now trading at $3.04. View the best growth stocks for 2024 here. Are investors shorting Blend Labs? Blend Labs saw a increase in short interest during the month of 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 short-interest ratio is presently 4.1 days. Currently, 4.8% of the company's shares 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) issued its earnings results on Friday, March, 15th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.10). The company had revenue of $36.10 million for the quarter, compared to the consensus estimate of $37.52 million. Blend Labs had a negative net margin of 90.62% 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 Global X PropTech ETF (PTEC). What guidance has Blend Labs issued on next quarter's earnings? Blend Labs updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) 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 on Friday, July 16th 2021. The company issued 20,000,000 shares at a price of $16.00-$18.00 per share. Who are Blend Labs' major shareholders? Blend Labs' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.67%), EdgePoint Investment Group Inc. (2.48%), Acadian Asset Management LLC (0.28%), Lake Street Advisors Group LLC (0.19%), Jacobs Levy Equity Management Inc. (0.16%) and Mirae Asset Global Investments Co. Ltd. (0.12%). 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 5/21/2024 by MarketBeat.com Staff From Our PartnersNext President (Not Trump. Not Biden.)The Freeport SocietyConflict In Israel Sends Gold Soaring ???? 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