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Technology - Software - Application - NYSE - US
$ 4.32
-1.37 %
$ 1.09 B
Market Cap
-12.71
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one BLND stock under the base case scenario is HIDDEN Compared to the current market price of 4.32 USD, Blend Labs, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BLND

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FINANCIALS
157 M REVENUE
-33.31%
-156 M OPERATING INCOME
44.45%
-180 M NET INCOME
76.45%
-128 M OPERATING CASH FLOW
32.98%
127 M INVESTING CASH FLOW
28.03%
-91 M FINANCING CASH FLOW
-4097.21%
45.2 M REVENUE
11.62%
-13.3 M OPERATING INCOME
-1.42%
3.01 M NET INCOME
112.77%
2.08 M OPERATING CASH FLOW
131.14%
11.7 M INVESTING CASH FLOW
146.83%
-4.23 M FINANCING CASH FLOW
42.19%
Balance Sheet Decomposition Blend Labs, Inc.
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Current Assets 170 M
Cash & Short-Term Investments 137 M
Receivables 19.9 M
Other Current Assets 13 M
Non-Current Assets 36.2 M
Long-Term Investments 0
PP&E 12.5 M
Other Non-Current Assets 23.7 M
Current Liabilities 31.6 M
Accounts Payable 2.17 M
Short-Term Debt 4.38 M
Other Current Liabilities 25 M
Non-Current Liabilities 148 M
Long-Term Debt 145 M
Other Non-Current Liabilities 2.23 M
EFFICIENCY
Earnings Waterfall Blend Labs, Inc.
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Revenue 157 M
Cost Of Revenue 75.7 M
Gross Profit 81.1 M
Operating Expenses 212 M
Operating Income -156 M
Other Expenses 23.7 M
Net Income -180 M
RATIOS
51.73% GROSS MARGIN
51.73%
-99.60% OPERATING MARGIN
-99.60%
-118.15% NET MARGIN
-118.15%
963.05% ROE
963.05%
-89.93% ROA
-89.93%
-131.25% ROIC
-131.25%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Blend Labs, Inc.
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Net Income -180 M
Depreciation & Amortization 5.76 M
Capital Expenditures -587 K
Stock-Based Compensation 46 M
Change in Working Capital -4.25 M
Others -4.71 M
Free Cash Flow -128 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 $5.9 , with forecasts ranging from a low of $3 to a high of $10 .
BLND Lowest Price Target Wall Street Target
3 USD -30.56%
BLND Average Price Target Wall Street Target
5.9 USD 36.57%
BLND Highest Price Target Wall Street Target
10 USD 131.48%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Blend Labs, Inc.
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Sold
0-3 MONTHS
793 K USD 3
3-6 MONTHS
239 K USD 1
6-9 MONTHS
2.73 M USD 1
9-12 MONTHS
829 K USD 1
Bought
0 USD 0
0-3 MONTHS
33.6 K USD 1
3-6 MONTHS
82.8 K USD 1
6-9 MONTHS
49.4 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
3 days ago
Nov 14, 2024
Sell 65.9 K USD
Ling Winnie
HEAD OF LEGAL AND PEOPLE
- 15000
4.3956 USD
5 days ago
Nov 12, 2024
Sell 412 K USD
Mayopoulos Timothy J
Director
- 88311
4.6635 USD
3 weeks ago
Oct 24, 2024
Sell 34.2 K USD
Ling Winnie
HEAD OF LEGAL AND PEOPLE
- 10000
3.4236 USD
1 month ago
Oct 10, 2024
Sell 68.6 K USD
Ling Winnie
HEAD OF LEGAL AND PEOPLE
- 20000
3.4299 USD
1 month ago
Sep 26, 2024
Sell 40.6 K USD
Ling Winnie
HEAD OF LEGAL AND PEOPLE
- 10000
4.0635 USD
1 month ago
Sep 23, 2024
Sell 17.1 K USD
Tkach Oxana
PRINCIPAL ACCOUNTING OFFICER
- 4303
3.98 USD
2 months ago
Sep 12, 2024
Sell 66.7 K USD
Ling Winnie
HEAD OF LEGAL AND PEOPLE
- 20000
3.3338 USD
2 months ago
Aug 30, 2024
Sell 88.1 K USD
Tkach Oxana
PRINCIPAL ACCOUNTING OFFICER
- 23749
3.7086 USD
4 months ago
Jul 12, 2024
Bought 16.9 K USD
Jafari Amir
HEAD OF FINANCE AND ADMIN.
+ 6666
2.5412 USD
5 months ago
Jun 13, 2024
Bought 16.7 K USD
Jafari Amir
HEAD OF FINANCE AND ADMIN.
+ 6265
2.6635 USD
6 months ago
May 13, 2024
Bought 16.6 K USD
Jafari Amir
HEAD OF FINANCE AND ADMIN.
+ 5585
2.9654 USD
5 months ago
May 30, 2024
Sell 239 K USD
Ghamsari Nima
HEAD OF BLEND
- 81434
2.9337 USD
6 months ago
May 13, 2024
Sell 781 K USD
Ghamsari Nima
HEAD OF BLEND
- 281763
2.7711 USD
6 months ago
May 14, 2024
Sell 1.21 M USD
Ghamsari Nima
HEAD OF BLEND
- 427237
2.8372 USD
6 months ago
May 13, 2024
Bought 17.2 K USD
Jafari Amir
HEAD OF FINANCE AND ADMIN.
+ 5808
2.9654 USD
6 months ago
Apr 24, 2024
Sell 247 K USD
Ghamsari Nima
HEAD OF BLEND
- 100807
2.4536 USD
7 months ago
Apr 12, 2024
Bought 16.6 K USD
Jafari Amir
HEAD OF FINANCE AND ADMIN.
+ 6265
2.6477 USD
7 months ago
Mar 22, 2024
Sell 244 K USD
Ghamsari Nima
HEAD OF BLEND
- 81700
2.9901 USD
8 months ago
Mar 13, 2024
Bought 16.7 K USD
Jafari Amir
HEAD OF FINANCE AND ADMIN.
+ 5555
3 USD
8 months ago
Feb 23, 2024
Sell 250 K USD
Ghamsari Nima
HEAD OF BLEND
- 112108
2.2322 USD
9 months ago
Feb 13, 2024
Bought 15.8 K USD
Jafari Amir
HEAD OF FINANCE AND ADMIN.
+ 6051
2.6074 USD
9 months ago
Jan 24, 2024
Sell 246 K USD
Ghamsari Nima
Head of Blend
- 97657
2.5184 USD
10 months ago
Jan 12, 2024
Bought 17 K USD
Jafari Amir
Head of Finance and Admin.
+ 7002
2.4251 USD
10 months ago
Dec 22, 2023
Sell 164 K USD
Ghamsari Nima
Head of Blend
- 69853
2.346 USD
10 months ago
Dec 22, 2023
Sell 97.9 K USD
Ghamsari Nima
Head of Blend
- 41755
2.3456 USD
11 months ago
Dec 13, 2023
Bought 17.1 K USD
Jafari Amir
Head of Finance and Admin.
+ 8547
1.999 USD
11 months ago
Nov 30, 2023
Sell 91.8 K USD
Ghamsari Nima
Head of Blend
- 71428
1.2853 USD
11 months ago
Nov 30, 2023
Sell 229 K USD
Ghamsari Nima
Head of Blend
- 178571
1.2851 USD
1 year ago
Nov 13, 2023
Bought 15.4 K USD
Jafari Amir
Head of Finance and Admin.
+ 12610
1.2173 USD
1 year ago
Oct 13, 2023
Bought 17.1 K USD
Jafari Amir
Head of Finance and Admin.
+ 14124
1.2136 USD
1 year ago
Sep 29, 2023
Sell 153 K USD
Ghamsari Nima
Head of Blend
- 111940
1.3654 USD
1 year ago
Sep 14, 2023
Bought 17.1 K USD
Jafari Amir
Head of Finance and Admin.
+ 14369
1.1918 USD
1 year ago
Jul 31, 2023
Sell 151 K USD
Ghamsari Nima
Head of Blend
- 114504
1.3206 USD
1 year ago
Jun 30, 2023
Sell 147 K USD
Ghamsari Nima
Head of Blend
- 153531
0.9597 USD
1 year ago
May 31, 2023
Sell 144 K USD
Ghamsari Nima
Head of Blend
- 151316
0.9547 USD
1 year ago
Apr 28, 2023
Sell 140 K USD
Ghamsari Nima
Head of Blend
- 230770
0.608 USD
1 year ago
Mar 29, 2023
Sell 159 K USD
Ghamsari Nima
Head of Blend
- 169242
0.9381 USD
1 year ago
Feb 01, 2023
Sell 24.8 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 15180
1.635 USD
1 year ago
Dec 27, 2022
Sell 51.5 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 45943
1.1204 USD
1 year ago
Dec 20, 2022
Sell 40.4 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 33196
1.2167 USD
1 year ago
Dec 20, 2022
Sell 28.2 K USD
Greenberg Marc S.
Head of Finance
- 23160
1.2163 USD
1 year ago
Dec 12, 2022
Sell 964 K USD
Ghamsari Nima
Head of Blend
- 766092
1.2581 USD
1 year ago
Dec 05, 2022
Sell 16.7 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12914
1.2952 USD
1 year ago
Dec 06, 2022
Sell 14.6 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12914
1.1285 USD
1 year ago
Nov 29, 2022
Sell 15.6 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12920
1.2077 USD
1 year ago
Nov 21, 2022
Sell 29.1 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 17640
1.6495 USD
1 year ago
Nov 21, 2022
Sell 68.1 K USD
Mayopoulos Timothy J
President
- 41242
1.6505 USD
1 year ago
Nov 21, 2022
Sell 12.1 K USD
Gupta Manish K.
Principal Accounting Officer
- 7351
1.6519 USD
1 year ago
Nov 21, 2022
Sell 31.7 K USD
Greenberg Marc S.
Head of Finance
- 19228
1.651 USD
2 years ago
Nov 17, 2022
Sell 24.8 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12920
1.9201 USD
2 years ago
Nov 14, 2022
Sell 18.5 K USD
Mayopoulos Timothy J
President
- 8610
2.147 USD
2 years ago
Oct 19, 2022
Sell 17 K USD
Mayopoulos Timothy J
President
- 8610
1.973 USD
2 years ago
Oct 18, 2022
Sell 27.3 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12920
2.1092 USD
2 years ago
Oct 04, 2022
Sell 30.8 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12920
2.3818 USD
2 years ago
Sep 26, 2022
Sell 29.4 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12920
2.2739 USD
2 years ago
Sep 27, 2022
Sell 29.2 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12920
2.2564 USD
2 years ago
Sep 06, 2022
Sell 38.8 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12920
3.005 USD
2 years ago
Sep 01, 2022
Sell 196 K USD
Mayopoulos Timothy J
President
- 66349
2.9498 USD
2 years ago
Aug 24, 2022
Sell 39.4 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 12920
3.0493 USD
2 years ago
Aug 22, 2022
Sell 58.9 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 20266
2.9085 USD
2 years ago
Aug 22, 2022
Sell 76.3 K USD
Mayopoulos Timothy J
President
- 26228
2.9079 USD
2 years ago
May 20, 2022
Sell 67.1 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 20289
3.3082 USD
2 years ago
May 20, 2022
Sell 107 K USD
Mayopoulos Timothy J
President
- 32298
3.3068 USD
2 years ago
May 20, 2022
Sell 8.67 K USD
Chan Jonathan Y.
Principal Accounting Officer
- 2666
3.2531 USD
2 years ago
Mar 22, 2022
Sell 14.2 K USD
Chan Jonathan Y.
Principal Accounting Officer
- 2083
6.8397 USD
2 years ago
Feb 22, 2022
Sell 34.9 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 3884
8.9928 USD
2 years ago
Feb 07, 2022
Sell 18.5 K USD
Chan Jonathan Y.
Principal Accounting Officer
- 2084
8.8619 USD
2 years ago
Jan 10, 2022
Sell 14.6 K USD
Chan Jonathan Y.
Principal Accounting Officer
- 2083
7.0023 USD
2 years ago
Dec 14, 2021
Sell 3.5 K USD
Chan Jonathan Y.
Principal Accounting Officer
- 459
7.6228 USD
2 years ago
Nov 22, 2021
Sell 37.3 K USD
Sumner Crystal
Head of Legal, Compliance,Risk
- 3557
10.4957 USD
7. News
Blend Labs (BLND) Is Up 30.85% in One Week: What You Should Know Does Blend Labs (BLND) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 1 day ago
Blend To Participate In The 2024 KBW Fintech Conference SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform, announced today that Nima Ghamsari, Co-Founder and Head of Blend, will be presenting at the 2024 KBW Fintech Conference in New York City on Wednesday, November 13, 2024 at 9:30 am ET. The live presentation will also be available at investor.blend.com. A replay will be accessible on the website following the conference. About Blend Blend Labs Inc., (NYSE: BLND) is a leading digital origination. businesswire.com - 1 week ago
Blend Labs, Inc. (BLND) Q3 2024 Earnings Call Transcript Blend Labs, Inc. (BLND) Q3 2024 Earnings Call Transcript seekingalpha.com - 1 week ago
Blend Labs (BLND) Reports Break-Even Earnings for Q3 Blend Labs (BLND) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.09 per share a year ago. zacks.com - 1 week ago
Blend and Covered Insurance Announce New Strategic Partnership to Streamline Home Insurance Shopping SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), the leading origination platform for digital banking solutions, and Covered Insurance Solutions (Covered), a premier provider of embedded insurance solutions, have announced a new strategic partnership to further streamline the home insurance shopping experience. “This partnership is a major step forward in providing borrowers with more options and convenience when shopping for home insurance quotes,” said Nima Ghamsari, co-founder and CEO of. businesswire.com - 1 week ago
Blend's Erik Wrobel Receives 2024 HousingWire Tech Trendsetter Award SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), the leading origination platform for digital banking solutions, announced today that Erik Wrobel, Blend's Head of Product, was recognized as a 2024 HW Tech Trendsetter by HousingWire. In its sixth year, the list identifies the most impactful and innovative technology leaders serving the housing economy. “I'm honored to accept this award on behalf of Blend, as it truly reflects our dedication to bringing simplicity and transparency to financial. businesswire.com - 2 weeks ago
SouthState Bank Transforms Mortgage Operations with Blend Close SAN FRANCISCO--(BUSINESS WIRE)--Blend, the leading origination platform for digital banking solutions, is pleased to announce the successful implementation of its Close solution at SouthState Bank (SouthState), resulting in significant enhancements to borrower experience and operational efficiency. SouthState, a regional bank with $44 billion in assets and over 1 million customers across the southeastern United States, sought Blend's Close solution to overcome the inefficiencies of its traditio. businesswire.com - 3 weeks ago
PenFed Credit Union Selects Blend to Transform Home Lending Operations SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), the leading origination platform for banking solutions, today announced a partnership with PenFed Credit Union to enhance its home lending operations. As the nation's second largest federal credit union, with over $33 billion in assets and nearly 3 million members, PenFed's decision to partner with Blend represents a significant step towards delivering a more seamless mortgage application experience for its members, while providing its loan of. businesswire.com - 1 month ago
British Land raises £301m to buy retail parks British Land Company PLC (LSE:BLND) shares dipped 1.4% after the real estate investment trust agreed to raise £301 million at a slight discount to buy a group of retail parks. The FTSE 100 group said yesterday it is buying a portfolio of seven retail parks for a total of £441 million, with the remainder financed from existing cash and borrowing facilities. proactiveinvestors.co.uk - 1 month ago
Is Blend Labs (BLND) Stock Outpacing Its Computer and Technology Peers This Year? Here is how Blend Labs (BLND) and OneSpan (OSPN) have performed compared to their sector so far this year. zacks.com - 1 month ago
Is Blend Labs (BLND) Outperforming Other Computer and Technology Stocks This Year? Here is how Blend Labs (BLND) and OneSpan (OSPN) have performed compared to their sector so far this year. zacks.com - 2 months ago
Has Blend Labs (BLND) Outpaced Other Computer and Technology Stocks This Year? Here is how Blend Labs (BLND) and OneSpan (OSPN) have performed compared to their sector so far this year. zacks.com - 2 months ago
8. Profile Summary

Blend Labs, Inc. BLND

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 1.09 B
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 881
Officers Mr. Rosco Hill Co-Founder Ms. Winnie Ling Head of Legal & People Mr. Bryan Michaleski C.F.A. Investor Relations Lead Mr. Naveen Ayyagari Head of Engineering Mr. Erik Wrobel Head of Product Mr. Brian Kneafsey Head of Revenue Mr. Amir Jafari Head of Finance & Administration Ms. Oxana Tkach Controller & Principal Accounting Officer Ms. Aesha Shah Head of Design Mr. Nima Ghamsari Co-Founder, Chairman, Chief Executive Officer & Head of Blend