Blend Labs, Inc. (BLND)
NYSE:BLND
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BLND Stock Chart & Stats
$1.57
-$0.06(-1.61%)
At close: 4:00 PM EST
$1.57
-$0.06(-1.61%)
Day’s Range― - ―
52-Week Range$1.18 - $4.49
Previous CloseN/A
Volume845.24K
Average Volume (3M)4.18M
Market Cap
$401.91M
Enterprise Value$559.61M
Total Cash (Recent Filing)$60.97M
Total Debt (Recent Filing)$165.58M
Price to Earnings (P/E)―
Beta1.28
Next Earnings
Aug 06, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding238,860,280
10 Day Avg. Volume3,574,035
30 Day Avg. Volume4,182,474
Financial Highlights & Ratios
PEG Ratio1.68
Price to Book (P/B)-25.77
Price to Sales (P/S)6.37
P/FCF Ratio-9.72K
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue4.38
Enterprise Value/Gross Profit5.86
Enterprise Value/Ebitda103.45
Forecast
1Y Price Target
$3.58Price Target Upside128.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.06
Revenue Forecast (FY)$131.69M
Bulls Say, Bears Say
Bulls Say
High Gross MarginsSustained ~75–80% gross margins indicate strong unit economics for Blend's cloud lending platform. High margins provide durable operating leverage as revenue scales, enabling the company to invest in product and sales while moving toward sustained profitability even amid variable origination volumes.
AI Product Traction (Autopilot)Early Autopilot adoption and a multi-million-dollar pipeline signal a structural product differentiation. If converted to paid tiers, Autopilot can increase stickiness, drive per-customer productivity gains, and create a new, higher-margin revenue stream with long-term upside beyond cyclical mortgage volumes.
Cash Position & No DebtA cash balance with no debt and active repurchases provides financial flexibility to fund product development, sales expansion or absorb origination cyclicality. This capital optionality reduces immediate refinancing risk and supports multi-quarter execution on AI and go-to-market investments.
Bears Say
Negative Stockholders' EquityOngoing negative equity signals a structural capital shortfall that can constrain financing options and raise dilution risk. This weakens the balance sheet's shock-absorbing capacity, limiting Blend's ability to pursue larger investments or weather prolonged downturns without external capital or restructuring.
Negative And Inconsistent Free Cash FlowAlthough operating cash flow has improved toward breakeven, persistently negative and volatile free cash flow undermines self-funding of growth initiatives. Continued cash burn or uneven collections could force external financing, constrain R&D/sales investment, or pressure margins over a multi-quarter horizon.
Customer Concentration & Mortgage SensitivityDependence on a few large clients and exposure to mortgage cycle dynamics create durable revenue predictability issues. A single-account volume roll-off and EVPFL pressure reduce per-loan economics and make long-term revenue modeling and margin sustainability more vulnerable to customer decisions and macro rates.
Blend Labs News
BLND FAQ
What was Blend Labs, Inc.’s price range in the past 12 months?
Blend Labs, Inc. lowest stock price was $1.18 and its highest was $4.49 in the past 12 months.
What is Blend Labs, Inc.’s market cap?
Blend Labs, Inc.’s market cap is $401.91M.
When is Blend Labs, Inc.’s upcoming earnings report date?
Blend Labs, Inc.’s upcoming earnings report date is Aug 06, 2026 which is in 55 days.
How were Blend Labs, Inc.’s earnings last quarter?
Blend Labs, Inc. released its earnings results on May 07, 2026. The company reported $0 earnings per share for the quarter, missing the consensus estimate of $0.004 by -$0.004.
Is Blend Labs, Inc. overvalued?
According to Wall Street analysts Blend Labs, Inc.’s price is currently Undervalued.
Does Blend Labs, Inc. pay dividends?
Blend Labs, Inc. does not currently pay dividends.
What is Blend Labs, Inc.’s EPS estimate?
Blend Labs, Inc.’s EPS estimate is 0.02.
How many shares outstanding does Blend Labs, Inc. have?
Blend Labs, Inc. has 238,860,280 shares outstanding.
What happened to Blend Labs, Inc.’s price movement after its last earnings report?
Blend Labs, Inc. reported an EPS of $0 in its last earnings report, missing expectations of $0.004. Following the earnings report the stock price went down -14.815%.
Which hedge fund is a major shareholder of Blend Labs, Inc.?
Currently, no hedge funds are holding shares in BLND
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Blend Labs Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$3.58 (128.03% Upside)
$3.58 (128.03% Upside)
Blogger Sentiment
Bullish
BLND Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $9.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.2%
Last 30 Days ▲ 11.1%
Last 30 Days ▲ 11.1%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-53.63%
12-Months-Change
Fundamentals
Return on Equity
-12.24%
Trailing 12-Months
Asset Growth
-14.35%
Trailing 12-Months
Company Description
Blend Labs, Inc.
Established in 2012 and headquartered in San Francisco, California, Blend Labs, Inc. provides cloud-hosted software platforms tailored for financial institutions across the United States. The company's operations are divided into two key divisions: Blend Platform and Title365. It offers a wide array of white-label solutions catering to diverse consumer financial needs, such as home mortgages, home equity loans and lines of credit, vehicle financing, personal loans, credit cards, and deposit account management. Additionally, Blend Labs supplies a specialized suite of tools designed to streamline the entire homeownership process for individuals, covering aspects like loan closing, income validation for mortgages, property insurance, and real estate services. The firm also conducts title examination processes for insurance policies, manages escrow, handles closing and settlement services, and performs various trustee duties, alongside delivering expert professional and advisory services. Its clientele encompasses a broad spectrum of financial entities, including banks, credit unions, financial technology firms, and independent mortgage providers.
BLND Company Deck
BLND Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a mix of strong operational and product momentum — revenue up 15% YoY, mortgage volume up 29% YoY, meaningful early traction for Autopilot (65 activations, 22 live, >7k applications, $10M pipeline), margin expansion, and internal productivity gains — balanced against near-term macro and customer-specific headwinds (expected EVPFL step-down, a ~100bp market-share headwind from one large client), a material year-over-year decline in free cash flow (~55%), and some one-time accounting benefits that boosted gross margin. Management is cautious in the near term but optimistic on medium-term AI-driven upside (10%–15% potential incremental top-line growth by 2027) while keeping Autopilot out of guidance until pricing and adoption settle.View all BLND earnings summariesBLND Stock 12 Month Forecast
Average Price Target
$3.58
▲(128.03% Upside)
Technical Analysis
Ownership Overview
15.67% Insiders
9.79% Mutual Funds
35.54% Other Institutional Investors
27.69% Public Companies and
Individual Investors