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Technology - Software - Application - NYSE - US
$ 3.135
-2.25 %
$ 802 M
Market Cap
-12.67
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BLND stock under the worst case scenario is HIDDEN Compared to the current market price of 3.13 USD, Blend Labs, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BLND stock under the base case scenario is HIDDEN Compared to the current market price of 3.13 USD, Blend Labs, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one BLND stock under the best case scenario is HIDDEN Compared to the current market price of 3.13 USD, Blend Labs, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BLND

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$5.5$5.5$5.0$5.0$4.5$4.5$4.0$4.0$3.5$3.5$3.0$3.0$2.5$2.5Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
162 M REVENUE
3.30%
-49.6 M OPERATING INCOME
68.24%
-43.4 M NET INCOME
75.86%
-13 M OPERATING CASH FLOW
89.78%
45.4 M INVESTING CASH FLOW
-64.34%
-21.1 M FINANCING CASH FLOW
76.84%
41.4 M REVENUE
-8.36%
-1.79 M OPERATING INCOME
86.58%
-708 K NET INCOME
-23.50%
-4.59 M OPERATING CASH FLOW
-220.91%
-1.89 M INVESTING CASH FLOW
-16.08%
-6.32 M FINANCING CASH FLOW
-49.41%
Balance Sheet Blend Labs, Inc.
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Current Assets 135 M
Cash & Short-Term Investments 98.5 M
Receivables 19.9 M
Other Current Assets 16.8 M
Non-Current Assets 42.8 M
Long-Term Investments 0
PP&E 13.8 M
Other Non-Current Assets 29.1 M
55.32 %11.18 %9.43 %7.75 %16.32 %Total Assets$178.0m
Current Liabilities 38.9 M
Accounts Payable 2.42 M
Short-Term Debt 0
Other Current Liabilities 36.5 M
Non-Current Liabilities 1.38 M
Long-Term Debt 801 K
Other Non-Current Liabilities 580 K
5.99 %90.58 %Total Liabilities$40.3m
EFFICIENCY
Earnings Waterfall Blend Labs, Inc.
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Revenue 162 M
Cost Of Revenue 71.5 M
Gross Profit 90.5 M
Operating Expenses 140 M
Operating Income -49.6 M
Other Expenses -6.2 M
Net Income -43.4 M
200m200m150m150m100m100m50m50m00(50m)(50m)162m(71m)91m(140m)(50m)6m(43m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
55.88% GROSS MARGIN
55.88%
-30.63% OPERATING MARGIN
-30.63%
-30.62% NET MARGIN
-30.62%
88.02% ROE
88.02%
-27.87% ROA
-27.87%
-35.77% ROIC
-35.77%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Blend Labs, Inc.
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00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)(160m)(160m)(180m)(180m)(200m)(200m)202020202021202120222022202320232024202420252025
Net Income -43.4 M
Depreciation & Amortization 4.82 M
Capital Expenditures -9.84 M
Stock-Based Compensation 28.1 M
Change in Working Capital 1.89 M
Others -3.37 M
Free Cash Flow -22.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Blend Labs, Inc.
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Wall Street analysts predict an average 1-year price target for BLND of $5.71 , with forecasts ranging from a low of $3 to a high of $10 .
BLND Lowest Price Target Wall Street Target
3 USD -4.31%
BLND Average Price Target Wall Street Target
5.71 USD 82.27%
BLND Highest Price Target Wall Street Target
10 USD 218.98%
Price
Max Price Target
Min Price Target
Average Price Target
10109988776655443322Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 14
6. Ownership
Insider Ownership Blend Labs, Inc.
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Sold
0-3 MONTHS
99.3 K USD 1
3-6 MONTHS
2.33 M USD 4
6-9 MONTHS
315 K USD 2
9-12 MONTHS
2.23 M USD 1
Bought
9.57 M USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
67.4 K USD 1
9-12 MONTHS
7. News
CrossCountry Mortgage and Blend Introduce Joint Solutions to Simplify Loan Origination SAN FRANCISCO--(BUSINESS WIRE)--CrossCountry Mortgage, the nation's number one distributed retail mortgage lender, and Blend, a leading origination platform for digital banking solutions, today announced an expanded partnership aimed at driving innovation for independent mortgage banks (IMBs). As part of this collaboration, the two companies are introducing new solutions that enhance the Blend experience for all IMBs. "We're proud to partner with Blend to develop purpose-built solutions and adv. businesswire.com - 1 week ago
Blend to Announce First Quarter 2025 Financial Results on May 8, 2025 SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that the Company's first quarter 2025 financial results will be released after market close on Thursday, May 8, 2025. The Company will host a conference call to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. A link to the live call can be accessed at the Company's Investor Relations website at investor.blend.com, along with the Company's. businesswire.com - 2 weeks ago
Blend and Alloy Expand Partnership to Supercharge Fraud Prevention for Banks and Credit Unions SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, announced today an expanded partnership with Alloy, a leading identity and fraud prevention platform provider. As part of the new agreement, Blend customers can now more seamlessly and cost-effectively access Alloy's advanced identity and fraud prevention capabilities into their consumer banking solutions, ultimately building a safer and more trusted digital banking experi. businesswire.com - 2 weeks ago
Blend and Prove Partner to Accelerate Digital Onboarding with Advanced ID Verification SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced a direct integration with Prove Identity, Inc., a global leader in digital identity verification and authentication. This integration leverages the Prove Pre-Fill® solution to significantly accelerate digital onboarding for lenders on Blend's Consumer Banking platform. This strategic partnership integrates the Prove Pre-Fill® solution directly into Blend's. businesswire.com - 4 weeks ago
Seven of the Top 10 Credit Unions Partner with Blend SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, announced that seven of the top ten credit unions in the United States are now leveraging the Blend platform. Trusted by hundreds of financial institutions, these credit unions are citing increased digital deposit account openings, loan origination growth, and improved member experiences, helping to set themselves apart from competitors and position for stronger growth. I. businesswire.com - 1 month ago
Blend Expands Multilingual Mortgage Solutions with Talk'uments Partnership SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, is excited to announce a strategic partnership with Talk'uments, the leading provider of smart digital language solutions for the mortgage industry. This collaboration enhances the mortgage lending process by enabling lenders and borrowers to navigate the mortgage lifecycle in multiple languages. Through this integration, borrowers now have seamless access to Talk'uments'. businesswire.com - 1 month ago
Blend Labs, Inc. (BLND) Q4 2024 Earnings Call Transcript Blend Labs, Inc. (NYSE:BLND ) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Winnie Ling - Head-Legal & People Nima Ghamsari - Co-Founder & Head-Blend Amir Jafari - Head-Finance & Administration Conference Call Participants Dylan Becker - William Blair Seth Gilbert - UBS Aaron Kimson - JMP Joseph Vafi - Canaccord Genuity David Unger - Wells Fargo Ryan Tomasello - KBW Winnie Ling Good afternoon and welcome to Blend's Fourth Quarter and Full Year 2024 Earnings Conference Call. My name is Winnie Ling, and I'm the Head of Legal and People for the company. seekingalpha.com - 2 months ago
Blend Labs (BLND) Reports Break-Even Earnings for Q4 Blend Labs (BLND) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to loss of $0.07 per share a year ago. zacks.com - 2 months ago
Blend Launches Rapid Home Lending Solutions to Transform Refinance and Home Equity Lending SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced the launch of Rapid Home Lending, a breakthrough suite of software solutions designed to help lenders respond faster to a dynamic housing market. Designed for both refinance and home equity lending, Rapid Home Lending from Blend provides lenders with tools to increase retention and deliver significantly faster, more personalized borrower experiences. By el. businesswire.com - 2 months ago
Blend Wins HousingWire Tech100 Mortgage Award for Sixth Consecutive Year SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that it has been named a 2025 HousingWire Tech100 Mortgage award winner. This marks the sixth-consecutive year Blend has received this prestigious honor, recognizing its continued innovation and significant results achieved by lenders using its mortgage lending technology. "I'm incredibly proud to be part of a team that's so focused on building technology that delive. businesswire.com - 2 months ago
Is Blend Labs (BLND) Stock Outpacing Its Computer and Technology Peers This Year? Here is how Blend Labs (BLND) and Itron (ITRI) have performed compared to their sector so far this year. zacks.com - 3 months ago
PHH Mortgage Partners with Blend to Revolutionize Home Lending Operations SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced a partnership with PHH Mortgage, a subsidiary of Onity Group Inc. (NYSE: ONIT) and one of the largest servicers in the country, to bring a new level of efficiency and simplicity to PHH's home lending operations. By automating and eliminating many of the manual steps that delay approvals and timely closings, the implementation of Blend's Mortgage Suite is e. businesswire.com - 4 months ago
8. Profile Summary

Blend Labs, Inc. BLND

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 802 M
Dividend Yield 0.00%
Description Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.
Contact 415 Kearny Street, San Francisco, CA, 94108 https://blend.com
IPO Date July 16, 2021
Employees 540
Officers Mr. Brian Kneafsey Head of Revenue Ms. Winnie Ling Head of Legal & People Mr. Amir Jafari Head of Finance & Administration Mr. Srinivasan Venkatramani Head of Product, Technology & Customer Operations Mr. Bryan Michaleski C.F.A. Investor Relations Lead Mr. Nima Ghamsari Co-Founder, Chairman, Chief Executive Officer & Head of Blend Ms. Oxana Tkach Controller & Principal Accounting Officer