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BLND

BLND - Blend Labs, Inc. Stock Price, Fair Value and News

2.24USD-0.05 (-2.18%)Market Closed

Market Summary

BLND
USD2.24-0.05
Market Closed
-2.18%

BLND Alerts

  • 1 major insider buys and 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

BLND Stock Price

View Fullscreen

BLND RSI Chart

BLND Valuation

Market Cap

565.2M

Price/Earnings (Trailing)

-4.22

Price/Sales (Trailing)

3.66

EV/EBITDA

-5.98

Price/Free Cashflow

-6.66

BLND Price/Sales (Trailing)

BLND Profitability

EBT Margin

-86.94%

Return on Equity

374.53%

Return on Assets

-66.39%

Free Cashflow Yield

-15.01%

BLND Fundamentals

BLND Revenue

Revenue (TTM)

154.5M

Rev. Growth (Yr)

-6.4%

Rev. Growth (Qtr)

-3.2%

BLND Earnings

Earnings (TTM)

-133.9M

Earnings Growth (Yr)

68.41%

Earnings Growth (Qtr)

31.75%

Breaking Down BLND Revenue

Last 7 days

-6.5%

Last 30 days

-22.9%

Last 90 days

-23.4%

Trailing 12 Months

153.7%

How does BLND drawdown profile look like?

BLND Financial Health

Current Ratio

3.75

Debt/Equity

-3.88

Debt/Cashflow

-0.61

BLND Investor Care

Shares Dilution (1Y)

4.50%

Diluted EPS (TTM)

-0.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024154.5M000
2023201.0M178.3M163.5M156.8M
2022274.1M307.6M273.4M235.2M
2021112.3M122.4M184.1M234.5M
2020065.8M80.9M96.0M
201900050.7M
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Tracking the Latest Insider Buys and Sells of Blend Labs, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 20, 2024
tkach oxana
acquired
-
-
6,142
principal accounting officer
Jun 20, 2024
tkach oxana
sold (taxes)
-4,420
2.34
-1,889
principal accounting officer
Jun 20, 2024
ling winnie
sold (taxes)
-4,745
2.34
-2,028
head of legal and people
Jun 20, 2024
ling winnie
acquired
-
-
5,625
head of legal and people
Jun 13, 2024
jafari amir
bought
16,686
2.6635
6,265
head of finance and admin.
Jun 12, 2024
mayopoulos timothy j
acquired
-
-
27,760
-
Jun 12, 2024
chen gerald c.
acquired
-
-
27,760
-
Jun 12, 2024
lantz erin n
acquired
-
-
27,760
-
Jun 10, 2024
ghamsari nima
acquired
-
-
1,000,000
head of blend
Jun 07, 2024
collard erin james
acquired
-
-
27,760
-

1–10 of 50

Which funds bought or sold BLND recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Center Lake Capital Management, LLC
new
-
893,750
893,750
1.46%
May 16, 2024
JANE STREET GROUP, LLC
added
132
640,724
967,736
-%
May 15, 2024
Brevan Howard Capital Management LP
new
-
661,079
661,079
0.01%
May 15, 2024
JACOBS LEVY EQUITY MANAGEMENT, INC
added
977
1,233,100
1,329,960
0.01%
May 15, 2024
TWO SIGMA INVESTMENTS, LP
added
292
2,741,300
3,426,920
0.01%
May 15, 2024
MORGAN STANLEY
added
266
1,239,770
1,577,260
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
added
50.65
7,377,150
15,395,400
0.01%
May 15, 2024
ALGERT GLOBAL LLC
new
-
219,000
219,000
0.01%
May 15, 2024
Scientech Research LLC
sold off
-100
-31,788
-
-%
May 15, 2024
Graham Capital Management, L.P.
new
-
113,984
113,984
-%

1–10 of 47

Are Funds Buying or Selling BLND?

Are funds buying BLND calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own BLND
No. of Funds

Unveiling Blend Labs, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 06, 2024
haveli investments, l.p.
18.5%
57,264,957
SC 13D
Feb 13, 2024
ghamsari nima
5.95%
15,207,101
SC 13G/A
Feb 13, 2024
vanguard group inc
3.86%
9,202,585
SC 13G/A
Feb 13, 2024
general atlantic, l.p.
8.0%
19,132,440
SC 13G/A
Feb 06, 2024
temasek holdings (private) ltd
4.9%
11,875,773
SC 13G/A
Jul 07, 2023
blackrock inc.
0.9%
2,081,478
SC 13G
Feb 14, 2023
ghamsari nima
6.48%
15,904,685
SC 13G/A
Feb 14, 2023
lightspeed venture partners ix, l.p.
6.6%
14,818,355
SC 13G/A
Feb 14, 2023
tiger global management llc
0.0%
0
SC 13G/A
Feb 09, 2023
vanguard group inc
6.34%
14,272,632
SC 13G

Recent SEC filings of Blend Labs, Inc.

View All Filings
Date Filed Form Type Document
Jun 21, 2024
4
Insider Trading
Jun 21, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
8-K
Current Report
Jun 14, 2024
4/A
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading

Peers (Alternatives to Blend Labs, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
232.4B
35.7B
-13.67% 14.88%
42.48
6.5
11.04% 1343.27%
147.4B
38.6B
7.18% 63.93%
106.05
3.82
14.01% 141.26%
51.7B
5.6B
10.16% 17.22%
51.82
9.15
10.60% 18.97%
28.0B
2.2B
-0.45% -0.25%
64.46
12.58
3.59% -21.47%
17.9B
4.6B
-8.53% -12.69%
21.3
3.91
3.13% 15150.61%
MID-CAP
8.4B
671.8M
-2.22% 38.57%
109.53
12.47
33.64% 185.98%
5.4B
4.7B
-16.45% 30.68%
-29.56
1.16
10.90% 88.31%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.3B
310.6M
9.32% -27.35%
-11.85
10.67
16.41% -4.04%
3.1B
895.2M
-6.89% 23.69%
34.71
3.47
5.72% 46.94%
2.7B
237.5M
-5.54% 47.22%
31.36
11.38
19.89% 491.11%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
206.2M
31.6M
-15.82% 230.71%
-35.12
6.52
2.76% 43.72%
206.0M
117.7M
6.65% -34.58%
-20.89
1.75
12.54% 11.24%
155.8M
544.5M
-37.18% -82.18%
-0.37
0.29
-18.24% -2615.41%

Blend Labs, Inc. News

Latest updates
Defense World44 hours ago
MarketBeat21 Jun 202402:49 pm
Defense World20 Jun 202401:29 pm
MarketBeat18 Jun 202404:57 pm

Blend Labs, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22019Q4
Revenue-3.2%34,947,00036,104,00040,591,00042,815,00037,336,00042,785,00055,353,00065,539,00071,524,00080,990,00089,568,00032,062,00031,875,00030,629,00027,877,00021,920,000-
Gross Profit-8.0%18,141,00019,726,00022,063,00023,493,00015,853,00014,407,00021,110,00025,265,00028,869,00034,945,00040,327,00019,702,00021,015,00021,845,00018,395,00013,255,000-
Operating Expenses-5.5%39,316,00041,593,00058,261,00060,214,00077,289,00089,564,000150,966,000496,681,00098,617,00094,810,000110,863,00059,336,00048,222,00037,896,00033,744,00034,062,000-
  S&GA Expenses-14.4%10,215,00011,940,00014,494,00016,128,00017,568,00019,951,00020,518,00022,438,00022,341,00027,984,00021,957,00018,271,00015,865,00014,257,00012,176,00011,557,000-
  R&D Expenses-1.6%14,183,00014,417,00018,826,00022,091,00026,257,00033,248,00034,240,00035,500,00035,106,00028,740,00025,518,00020,884,00017,074,00015,187,00013,820,00014,675,000-
EBITDA Margin28.2%-0.67-0.93-1.20-1.62-3.60-3.11-2.61-2.12-0.82-0.79-0.82-0.77-0.67-0.74-0.95-1.17-1.51
Interest Expenses-28.0%5,099,0007,085,0008,210,0007,947,0007,569,0007,348,0006,158,0005,726,0005,558,0005,664,0005,615,000------
Income Taxes140.2%42,000-104,50044,00053,000100,000460,50014,000100,000-2,800,0006,103,000300,000-45,288,00010,0006,0007,0006,000-
Earnings Before Taxes32.3%-20,621,000-30,450,000-41,776,000-41,436,000-66,123,000-80,967,000-132,733,000-477,136,000-75,215,000-65,419,000-76,030,000-39,522,000-27,057,000-15,978,000-15,201,000-20,568,000-
EBT Margin24.2%-0.87-1.15-1.41-1.80-3.77-3.26-2.75-2.26-0.93-0.89-0.86-0.80-0.70-0.78-1.01-1.24-1.61
Net Income31.8%-20,668,000-30,285,000-41,760,000-41,231,000-65,417,000-80,569,000-126,128,000-441,371,000-72,104,000-71,687,000-76,925,0005,766,000-27,067,000-15,984,000-15,208,000-20,574,000-
Net Income Margin23.9%-0.87-1.14-1.40-1.76-3.55-3.06-2.60-2.15-0.78-0.72-0.62-0.43-0.70-0.78-1.01-1.24-1.61
Free Cashflow81.3%-3,868,000-20,691,000-26,333,000-34,836,000-47,099,000-47,779,000-50,931,000-47,654,000-46,110,000-43,773,000-31,839,000-32,930,000-20,696,000-11,530,000-14,516,000--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22020Q4
Assets-2.1%2022063183503854334935991,0541,1121,1781,044216
  Current Assets-6.1%160170283309350396454503561613662517186
    Cash Equivalents173.0%85.0031.0085.0035.0046.0013011413316821327637046.00
  Net PPE51.7%6.004.004.005.005.006.006.006.006.006.008.009.005.00
  Goodwill--------47.00287287287287-
Liabilities6.0%19017926726627226927828229030230351152.00
  Current Liabilities34.8%43.0032.0037.0035.0040.0035.0044.0048.0054.0060.0064.0025735.00
  Long Term Debt0.4%139138219218218217216215215214213--
Shareholder's Equity-85.8%-35.76-19.246.0041.0071.00123176279727775829486163
  Retained Earnings-1.5%-1,362-1,341-1,311-1,269-1,228-1,162-1,082-956-514-442-371-294-272
  Additional Paid-In Capital0.3%1,3261,3221,3181,3121,3001,2871,2601,2381,2441,2181,20078.0051.00
Shares Outstanding1.0%25225024824624124123323123013220049.0039.00
Float----190---440-----
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22019Q4
Cashflow From Operations81.3%-3,868-20,691-25,887-34,390-46,653-47,333-50,485-46,758-45,842-43,124-31,279-32,707-20,394-10,963-14,311--
  Share Based Compensation29.7%8,0716,2239,04214,36416,39228,19127,95129,24824,31216,79543,4246,6094,0162,3841,099--
Cashflow From Investing13.9%60,62153,23771,79131,218-28,94057,38731,18711,540-683-19,172-654,02533,1416,148-53,65924,373--
Cashflow From Financing96.3%-3,187-86,121-1,327-1,091-2,41941.009401581,081-925591,89117,142325,46511,09476,685--
  Buy Backs----------11010.00---2.00--
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BLND Income Statement

2024-03-31
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue  
Total revenue$ 34,947$ 37,336
Cost of revenue  
Total cost of revenue16,80621,483
Gross profit18,14115,853
Operating expenses:  
Research and development14,18326,257
Sales and marketing10,21517,568
General and administrative13,93520,681
Restructuring98312,783
Total operating expenses39,31677,289
Loss from operations(21,175)(61,436)
Interest expense(5,099)(7,569)
Other income (expense), net5,6532,882
Loss before income taxes(20,621)(66,123)
Income tax expense(42)(71)
Net loss(20,663)(66,194)
Less: Net (income) loss attributable to noncontrolling interest(5)777
Net loss attributable to Blend Labs, Inc.(20,668)(65,417)
Less: Accretion of redeemable noncontrolling interest to redemption value(1,461)(2,056)
Net loss attributable to Blend Labs, Inc. common stockholders, basic(22,129)(67,473)
Net loss attributable to Blend Labs, Inc. common stockholders, diluted$ (22,129)$ (67,473)
Net loss per share attributable to Blend Labs, Inc. common stockholders:  
Basic (in dollars per share)$ (0.09)$ (0.28)
Diluted (in dollars per share)$ (0.09)$ (0.28)
Weighted average shares used in calculating net loss per share:  
Basic (in shares)250,932241,444
Diluted (in shares)250,932241,444
Comprehensive loss:  
Net loss$ (20,663)$ (66,194)
Unrealized (loss) gain on marketable securities(104)821
Foreign currency translation gain (loss)9(18)
Comprehensive loss(20,758)(65,391)
Less: Comprehensive (income) loss attributable to noncontrolling interest(5)777
Comprehensive loss attributable to Blend Labs, Inc.(20,763)(64,614)
Software platform  
Revenue  
Total revenue21,73622,970
Cost of revenue  
Total cost of revenue5,1755,803
Professional services  
Revenue  
Total revenue2,1041,734
Cost of revenue  
Total cost of revenue2,6232,806
Title  
Revenue  
Total revenue11,10712,632
Cost of revenue  
Total cost of revenue$ 9,008$ 12,874

BLND Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 84,521$ 30,962
Marketable securities and other investments43,504105,960
Trade and other receivables, net of allowance for credit losses of $128 and $149, respectively18,17918,345
Prepaid expenses and other current assets13,32114,569
Total current assets159,525169,836
Property and equipment, net5,9843,945
Operating lease right-of-use assets8,3588,565
Intangible assets, net2,1032,108
Deferred contract costs2,1972,453
Restricted cash, non-current7,2947,291
Other non-current assets16,29911,867
Total assets201,760206,065
Current liabilities:  
Accounts payable1,8982,170
Deferred revenue21,5408,984
Accrued compensation5,1865,562
Other current liabilities13,93514,858
Total current liabilities42,55931,574
Operating lease liabilities, non-current6,3986,982
Other non-current liabilities2,0562,228
Debt, non-current, net138,854138,334
Total liabilities189,867179,118
Commitments and contingencies (Note 8)
Redeemable noncontrolling interest47,65646,190
Stockholders’ equity:  
Preferred stock00
Common stock22
Additional paid-in capital1,326,1871,321,944
Accumulated other comprehensive loss346441
Accumulated deficit(1,362,298)(1,341,630)
Total stockholders’ equity(35,763)(19,243)
Total liabilities, redeemable noncontrolling interest and stockholders’ equity$ 201,760$ 206,065
BLND
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. 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; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. 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, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.
 CEO
 WEBSITEhttps://blend.com
 INDUSTRYSoftware - Apps
 EMPLOYEES1546

Blend Labs, Inc. Frequently Asked Questions


What is the ticker symbol for Blend Labs, Inc.? What does BLND stand for in stocks?

BLND is the stock ticker symbol of Blend Labs, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Blend Labs, Inc. (BLND)?

As of Fri Jun 21 2024, market cap of Blend Labs, Inc. is 577.81 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BLND stock?

You can check BLND's fair value in chart for subscribers.

What is the fair value of BLND stock?

You can check BLND's fair value in chart for subscribers. The fair value of Blend Labs, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Blend Labs, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BLND so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Blend Labs, Inc. a good stock to buy?

The fair value guage provides a quick view whether BLND is over valued or under valued. Whether Blend Labs, Inc. is cheap or expensive depends on the assumptions which impact Blend Labs, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BLND.

What is Blend Labs, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, BLND's PE ratio (Price to Earnings) is -4.31 and Price to Sales (PS) ratio is 3.74. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BLND PE ratio will change depending on the future growth rate expectations of investors.