BLND Stock Overview
Engages in the provision of cloud-based software platform solutions for financial services firms in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Blend Labs, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.40 |
| 52 Week High | US$5.53 |
| 52 Week Low | US$2.08 |
| Beta | 1.34 |
| 1 Month Change | -15.38% |
| 3 Month Change | 13.99% |
| 1 Year Change | 83.33% |
| 3 Year Change | -41.57% |
| 5 Year Change | n/a |
| Change since IPO | -78.95% |
Recent News & Updates
Recent updates
There's Reason For Concern Over Blend Labs, Inc.'s (NYSE:BLND) Massive 36% Price Jump
Nov 09
Companies Like Blend Labs (NYSE:BLND) Can Afford To Invest In Growth
Sep 23Optimistic Investors Push Blend Labs, Inc. (NYSE:BLND) Shares Up 30% But Growth Is Lacking
Jul 29Blend Labs' Turnaround: From Decline To Potential Stability In 2024? (Upgrade)
Jun 13A Piece Of The Puzzle Missing From Blend Labs, Inc.'s (NYSE:BLND) 35% Share Price Climb
Mar 29Blend Labs: Still Navigating A Challenging Housing Market
Mar 05Is Blend Labs (NYSE:BLND) Using Debt Sensibly?
Feb 19Blend Labs: Burning Cash And Diluting Shareholders
Dec 12Blend Labs, Inc. (NYSE:BLND) Held Back By Insufficient Growth Even After Shares Climb 31%
Dec 09Blend Labs Focuses On Consumer Banking As Mortgage Industry Woes Continue (Rating Downgrade)
Nov 30Blend Labs: Q2 2023 Could Be The Sign That Revenue Growth Is Turning Around
Sep 13Blend Labs: A Long Way To Go
Jul 31Time To Worry? Analysts Just Downgraded Their Blend Labs, Inc. (NYSE:BLND) Outlook
Mar 24Blend: Providing A White Label Solution That Fits The Bill
Dec 15Blend Labs: Not Worth Betting The House On
Nov 13PNC Bank partners with Blend Labs to digitally optimize mortgage application process
Sep 27Blend Labs Makes Tepid Cost Cutting Moves In Downturn
Aug 12Shareholder Returns
| BLND | US Software | US Market | |
|---|---|---|---|
| 7D | -10.6% | -2.2% | -2.4% |
| 1Y | 83.3% | 21.9% | 23.3% |
Return vs Industry: BLND exceeded the US Software industry which returned 21.9% over the past year.
Return vs Market: BLND exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| BLND volatility | |
|---|---|
| BLND Average Weekly Movement | 8.7% |
| Software Industry Average Movement | 7.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: BLND has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: BLND's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 881 | Nima Ghamsari | blend.com |
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.
Blend Labs, Inc. Fundamentals Summary
| BLND fundamental statistics | |
|---|---|
| Market cap | US$1.13b |
| Earnings (TTM) | -US$85.79m |
| Revenue (TTM) | US$156.72m |
7.2x
P/S Ratio-13.1x
P/E RatioIs BLND overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLND income statement (TTM) | |
|---|---|
| Revenue | US$156.72m |
| Cost of Revenue | US$71.17m |
| Gross Profit | US$85.54m |
| Other Expenses | US$171.33m |
| Earnings | -US$85.79m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.34 |
| Gross Margin | 54.58% |
| Net Profit Margin | -54.74% |
| Debt/Equity Ratio | 0% |
How did BLND perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Blend Labs, Inc. is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Vafi | Canaccord Genuity |
| Michael Ng | Goldman Sachs |
| Aaron Kimson | JMP Securities |