BLND Stock Overview
Engages in the provision of cloud-based software platform solutions for financial services firms in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Blend Labs, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.82 |
| 52 Week High | US$3.41 |
| 52 Week Low | US$0.85 |
| Beta | 1.11 |
| 1 Month Change | 21.55% |
| 3 Month Change | 6.82% |
| 1 Year Change | 168.57% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -86.51% |
Recent News & Updates
Recent updates
A Piece Of The Puzzle Missing From Blend Labs, Inc.'s (NYSE:BLND) 35% Share Price Climb
Mar 29
Blend 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 12Analysts Have Lowered Expectations For Blend Labs, Inc. (NYSE:BLND) After Its Latest Results
Apr 03Blend Labs, Inc. (NYSE:BLND) Analysts Just Trimmed Their Revenue Forecasts By 30%
Apr 01Blend Labs: A First Assessment
Mar 21After A 64% Decline, Blend Labs Is An Opportunistic Buy
Jan 02Blend Labs: High Growth Potential Despite Taking A Tumble
Dec 06Shareholder Returns
| BLND | US Software | US Market | |
|---|---|---|---|
| 7D | -8.1% | -5.1% | -0.6% |
| 1Y | 168.6% | 19.7% | 22.4% |
Return vs Industry: BLND exceeded the US Software industry which returned 20.5% over the past year.
Return vs Market: BLND exceeded the US Market which returned 22.5% over the past year.
Price Volatility
| BLND volatility | |
|---|---|
| BLND Average Weekly Movement | 13.2% |
| Software Industry Average Movement | 7.2% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: BLND has not had significant price volatility in the past 3 months.
Volatility Over Time: BLND's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
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$694.04m |
| Earnings (TTM) | -US$139.98m |
| Revenue (TTM) | US$154.46m |
4.6x
P/S Ratio-5.1x
P/E RatioIs BLND overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLND income statement (TTM) | |
|---|---|
| Revenue | US$154.46m |
| Cost of Revenue | US$71.03m |
| Gross Profit | US$83.42m |
| Other Expenses | US$223.40m |
| Earnings | -US$139.98m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.55 |
| Gross Margin | 54.01% |
| Net Profit Margin | -90.62% |
| Debt/Equity Ratio | 1,167.5% |
How did BLND perform over the long term?
See historical performance and comparison