Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Blend Labs, Inc. Market Cap
Based on ratings from 0 stock analysts, the Blend Labs, Inc. stock price is expected to decrease by 1.92% in 12 months. This is calculated by using the average 12-month stock price forecast for Blend Labs, Inc.. The lowest target is $3 and the highest is $4.75. Please note analyst price targets are not guaranteed and could be missed completely.
BLND is a stock in Technology which has been forecasted to be worth $3.58 as an average. On the higher end, the forecast price is $4.75 USD by Joseph Vafi from Canaccord Genuity and on the lower end BLND is forecasted to be $3 by Michael Turrin from Wells Fargo.
These are the latest 20 analyst ratings of BLND.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Ryan Tomasello Keefe, Bruyette & Woods | Market Perform | $3.25 | Maintains | Aug 12, 2024 |
| Joseph Vafi Canaccord Genuity | Buy | $4.75 | Upgrade | Aug 12, 2024 |
| Michael Ng Goldman Sachs | Buy | $3.4 | Maintains | Aug 9, 2024 |
| Dylan Becker William Blair | Outperform | Upgrade | Aug 9, 2024 | |
| Jones William Keefe, Bruyette & Woods | Market Perform | $3 | Maintains | May 10, 2024 |
| Joseph Vafi Canaccord Genuity | Hold | $3 | Maintains | May 8, 2024 |
| Joseph Vafi Canaccord Genuity | Hold | $3 | Maintains | Mar 19, 2024 |
| Jones William Keefe, Bruyette & Woods | Market Perform | $2.65 | Maintains | Mar 18, 2024 |
| Joseph Vafi Canaccord Genuity | Hold | $3 | Maintains | Mar 18, 2024 |
| Michael Ng Goldman Sachs | Buy | $3.1 | Maintains | Mar 15, 2024 |
| Michael Turrin Wells Fargo | Overweight | $3.5 | Upgrade | Dec 20, 2023 |
| Michael Ng Goldman Sachs | Buy | $1.6 | Maintains | Nov 8, 2023 |
Goldman Sachs | Buy | Maintains | Nov 7, 2023 | |
| Joseph Vafi Canaccord Genuity | Hold | $2 | Reiterates | Sep 27, 2023 |
| Joseph Vafi Canaccord Genuity | Hold | $2 | Reiterates | Aug 15, 2023 |
| Michael Turrin Wells Fargo | Equal-Weight | $1.5 | Maintains | Aug 10, 2023 |
| Ryan Tomasello Keefe, Bruyette & Woods | Market Perform | $1.3 | Maintains | May 15, 2023 |
| Joseph Vafi Canaccord Genuity | Hold | $2 | Reiterates | May 15, 2023 |
| Michael Ng Goldman Sachs | Buy | $1.3 | Maintains | May 11, 2023 |
| Arvind Ramnani Piper Sandler | Neutral | $1 | Maintains | May 10, 2023 |
When did it IPO
2021
Staff Count
881
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Mr. Nima Ghamsari
Market Cap
$928.0M
In 2023, BLND generated $156.8M in revenue, which was a decrease of -33.31% from the previous year. This can be seen as a signal that BLND's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 25 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Blend Labs (BLND) and OneSpan (OSPN) have been compared to their sector's performance for the year, highlighting their relative standings. Further details on specific metrics were not provided.
Why It Matters - Performance comparisons highlight Blend Labs and OneSpan's relative strength or weakness within their sector, influencing investor sentiment and potential investment decisions.
Mon, 09 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Blend Labs (BLND) and OneSpan (OSPN) have shown performance metrics that are being evaluated against their respective sectors for the current year.
Why It Matters - Performance comparison with sector indicates relative strength or weakness, influencing investment decisions and potential stock volatility for Blend Labs and OneSpan.
Thu, 22 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Blend Labs (BLND) and OneSpan (OSPN) have shown performance metrics relative to their sector in 2023, indicating their market positioning and competitiveness.
Why It Matters - The performance of Blend Labs (BLND) and OneSpan (OSPN) relative to their sector indicates their competitiveness and potential for growth, influencing investor sentiment and decisions.
Fri, 09 Aug 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - U.S. stocks showed mixed performance at the end of trading, with the Nasdaq Composite rising over 50 points on Friday.
Why It Matters - Mixed trading signals indicate market volatility and varying investor sentiment, with the Nasdaq's gain suggesting strength in tech stocks, impacting investment strategies.
Sat, 10 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Blend Labs, Inc (NYSE:BLND) held its Q2 2024 earnings conference call on August 8, 2024, with key participants including co-founder Nima Ghamsari and finance head Amir Jafari.
Why It Matters - Blend Labs' Q2 2024 earnings call signals financial performance insights, impacting stock valuations and investor sentiment, particularly in the fintech sector.
Thu, 08 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Blend Labs, Inc. (NYSE:BLND) reported strong Q2 2024 results, securing key deals in mortgage and consumer banking despite ongoing mortgage industry pressures.
Why It Matters - Blend Labs' strong Q2 results and new customer deals signal growth potential, particularly amid mortgage industry challenges, which could enhance investor confidence and share value.
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