About Blend Labs Inc
Ticker
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BLND
Trading on
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NYSE
ISIN
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US09352U1088
Industry
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Software - Application
Sector
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Technology
CEO
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Nima Ghamsari
Headquarters
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7250 Redwood Blvd., Novato, CA, United States, 94945
Employees
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540
Website
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https://blend.com
Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. The company operates in two segments, Blend Platform and Title365. The 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. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; and workflow intelligence components to manage data collection and automate tasks throughout the loan origination process. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in Novato, California.
Metrics
BasicAdvanced
Market cap
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$948M
P/E ratio
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-
EPS
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-$0.24
Dividend Yield
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0.00%
Beta
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1.4
Forward P/E ratio
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116.28
EBIDTA
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$-40.4M
Ex dividend date
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-
Price & volume
Market cap
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$948M
Average daily volume
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4.2M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$0.00
Dividend yield
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0.00%
Forward dividend per share
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$0.00
Forward dividend yield
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0.00%
Payout ratio
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0.00%
Valuation
P/E ratio
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0
Forward P/E
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116.28
PEG ratio
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-
Trailing P/E
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0
Price to sales
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5.85
Price to book
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2
Earnings
EPS
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-$0.24
EPS estimate (current quarter)
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$0.01
EPS estimate (next quarter)
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$0.01
EBITDA
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$-40.4M
Revenues (TTM)
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$162M
Revenues per share (TTM)
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$0.64
Technicals
Beta
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1.4
52-week High
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$5.53
52-week Low
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$2.08
50-day moving average
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$3.64
200-day moving average
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$3.65
Short ratio
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2.9
Short %
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3.60%
Management effectiveness
ROE (TTM)
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52.75%
ROA (TTM)
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13.72%
Profit margin
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26.75%
Gross profit margin
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$90.5M
Operating margin
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4.03%
Growth
Quarterly earnings growth (YoY)
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0.00%
Quarterly revenue growth (YoY)
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14.70%
Share stats
Outstanding Shares
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256M
Float
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222M
Insiders %
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4.31%
Institutions %
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67.56%
Analyst Insights & forecasts
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72% Buy

28% Hold

0% Sell

Based on information from 7 analysts.

Average price target

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$5.14
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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-$0.06
-$0.07
14.29%
Q1 • 24Beat
-$0.02
-$0.04
50.00%
Q2 • 24Beat
$0.01
-$0.02
127.52%
Q3 • 24Beat
-$0.03
$0.01
424.36%
Q4 • 24Current
QuarterlyAnnual
Financial Performance
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Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$45.2M
$-4.2M
9.31%
Q3 • 24
$41.4M
$-2.3M
5.64%
Q4 • 24
8.36%
44.45%
39.38%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$186M
$47.5M
25.52%
Q3 • 24
$178M
$182M
102.24%
Q4 • 24
4.36%
283.22%
300.69%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$2.1M
$11.7M
$-4.2M
$-1.4M
Q3 • 24
$-4.6M
$-1.9M
$-6.3M
$-7.2M
Q4 • 24
320.91%
116.08%
49.41%
428.54%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Blend Labs Inc share?
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Blend Labs Inc shares are currently traded for undefined per share.

How many shares does Blend Labs Inc have?
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Blend Labs Inc currently has 256M shares.

Does Blend Labs Inc pay dividends?
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No, Blend Labs Inc doesn't pay dividends.

What is Blend Labs Inc 52 week high?
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Blend Labs Inc 52 week high is $5.53.

What is Blend Labs Inc 52 week low?
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Blend Labs Inc 52 week low is $2.08.

What is the 200-day moving average of Blend Labs Inc?
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Blend Labs Inc 200-day moving average is $3.65.

Who is Blend Labs Inc CEO?
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The CEO of Blend Labs Inc is Nima Ghamsari.

How many employees Blend Labs Inc has?
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Blend Labs Inc has 540 employees.

What is the market cap of Blend Labs Inc?
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The market cap of Blend Labs Inc is $948M.

What is the P/E of Blend Labs Inc?
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The current P/E of Blend Labs Inc is null.

What is the EPS of Blend Labs Inc?
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The EPS of Blend Labs Inc is -$0.24.

What is the PEG Ratio of Blend Labs Inc?
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The PEG Ratio of Blend Labs Inc is null.

What do analysts say about Blend Labs Inc?
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According to the analysts Blend Labs Inc is considered a buy.