NYSE:BLND Blend Labs (BLND) Stock Price, News & Analysis → Elon Musk Secret Crypto Plot Exposed (From Crypto 101 Media) (Ad) Free BLND Stock Alerts $2.36 -0.05 (-2.07%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$2.32▼$2.4350-Day Range$2.25▼$3.2952-Week Range$0.68▼$3.40Volume2.50 million shsAverage Volume1.74 million shsMarket Capitalization$594.84 millionP/E RatioN/ADividend YieldN/APrice Target$3.06 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Blend Labs alerts: Email Address Blend Labs MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside29.8% Upside$3.06 Price TargetShort InterestHealthy4.40% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.29Based on 5 Articles This WeekInsider TradingSelling Shares$491,260 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.47) to ($0.37) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.68 out of 5 starsComputer And Technology Sector349th out of 592 stocksComputer Programming, Data Processing, & Other Computer Related Industry31st out of 58 stocks 3.2 Analyst's Opinion Consensus RatingBlend Labs has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageBlend Labs has only been the subject of 3 research reports in the past 90 days.Read more about Blend Labs' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.40% of the float of Blend Labs has been sold short.Short Interest Ratio / Days to CoverBlend Labs has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Blend Labs has recently increased by 4.15%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldBlend Labs does not currently pay a dividend.Dividend GrowthBlend Labs does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BLND. Previous Next 2.4 News and Social Media Coverage News SentimentBlend Labs has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Blend Labs this week, compared to 2 articles on an average week.Search Interest5 people have searched for BLND on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blend Labs insiders have sold 1,376.72% more of their company's stock than they have bought. Specifically, they have bought $33,267.00 in company stock and sold $491,260.00 in company stock.Percentage Held by Insiders11.83% of the stock of Blend Labs is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.56% of the stock of Blend Labs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Blend Labs' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Blend Labs are expected to grow in the coming year, from ($0.47) to ($0.37) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blend Labs is -3.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Blend Labs is -3.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaElon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. About Blend Labs Stock (NYSE: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, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.Read More BLND Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLND Stock News HeadlinesApril 27, 2024 | insidertrades.comNima Ghamsari Sells 100,807 Shares of Blend Labs, Inc. (NYSE:BLND) StockApril 16, 2024 | insidertrades.comBlend Labs, Inc. (NYSE:BLND) Insider Buys $16,602.25 in StockMay 9, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 9, 2024 | markets.businessinsider.comMortgage Sector Challenges Persist: Blend Labs Holds Steady with Moderate Q1 Performance and Promising PipelineMay 8, 2024 | investorplace.comBLND Stock Earnings: Blend Labs Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | seekingalpha.comBlend Labs, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 8, 2024 | finance.yahoo.comBlend Announces First Quarter 2024 Financial ResultsMay 1, 2024 | businesswire.comBlend to Announce First Quarter 2024 Financial Results on May 8, 2024May 9, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.April 30, 2024 | bizjournals.comFintech Blend raises millions to refinance debtApril 30, 2024 | markets.businessinsider.comBlend Labs: Strong Buy Rating on Financial Fortification and Strategic Growth PotentialApril 30, 2024 | americanbankingnews.comBlend Labs (NYSE:BLND) Stock Price Down 3.2% on Insider SellingApril 29, 2024 | marketwatch.comBlend Labs Shares Rise After Strategic Partnership with HaveliApril 16, 2024 | finance.yahoo.comMichigan Schools and Government Credit Union Selects Blend to Evolve its Digital Lending ExperienceApril 9, 2024 | investorplace.comLooking for the Next Google? Buy These 7 Tech Penny StocksMarch 29, 2024 | techcrunch.comInstagram is developing ‘Blend,’ recommended Reels for you and a friendMarch 21, 2024 | seekingalpha.comBlend Labs, Inc. (BLND) Q4 2023 Earnings Call TranscriptMarch 20, 2024 | finance.yahoo.comBlend Labs, Inc. (NYSE:BLND) Q4 2023 Earnings Call TranscriptMarch 19, 2024 | finance.yahoo.comRandolph-Brooks Federal Credit Union Selects Blend to Transform its Loan Origination ExperienceMarch 18, 2024 | markets.businessinsider.comKBW Releases a Hold Rating on Blend Labs (BLND)March 17, 2024 | finance.yahoo.comUS$2.85 - That's What Analysts Think Blend Labs, Inc. (NYSE:BLND) Is Worth After These ResultsMarch 16, 2024 | marketwatch.comBlend Labs Stock Rises 22% With 4Q Backlog BoostMarch 15, 2024 | businesswire.comUPDATING and REPLACING Blend Announces Fourth Quarter and Full Year 2023 Financial ResultsMarch 15, 2024 | markets.businessinsider.comBuy Rating Affirmed for Blend Labs Amidst Revenue Resilience and Positive OutlookMarch 15, 2024 | markets.businessinsider.comGoldman Sachs Keeps Their Buy Rating on Blend Labs (BLND)March 15, 2024 | finance.yahoo.comQ4 2023 Blend Labs Inc Earnings CallMarch 14, 2024 | msn.comBlend Labs GAAP EPS of -$0.13 beats by $0.01, revenue of $36.1M misses by $1MSee More Headlines Receive BLND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Blend Labs and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/15/2024Today5/08/2024Next Earnings (Confirmed)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Computer programming, data processing, & other computer related Sub-IndustryN/A Current SymbolNYSE:BLND CUSIPN/A CIK1855747 Webwww.blend.com Phone650-550-4810FaxN/AEmployees881Year FoundedN/APrice Target and Rating Average Stock Price Target$3.06 High Stock Price Target$3.50 Low Stock Price Target$2.65 Potential Upside/Downside+29.8%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.77) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-178,690,000.00 Net Margins-118.15% Pretax Margin-114.62% Return on Equity-595.99% Return on Assets-47.13% Debt Debt-to-Equity Ratio34.81 Current Ratio5.38 Quick Ratio5.38 Sales & Book Value Annual Sales$156.85 million Price / Sales3.79 Cash FlowN/A Price / Cash FlowN/A Book Value($0.08) per share Price / Book-29.50Miscellaneous Outstanding Shares252,050,000Free Float222,231,000Market Cap$594.84 million OptionableNot Optionable Beta1.10 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Nima Ghamsari (Age 38)Co-Founder, Chairman, CEO & Head of Blend Comp: $325kMr. Erin James Collard (Age 44)Co-Founder & Director Mr. Rosco HillCo-FounderMr. Amir Jafari (Age 46)Head of Finance & Administration and Principal Financial Officer Ms. Oxana Tkach (Age 41)Controller & Principal Accounting Officer Mr. Bryan Michaleski C.F.A.Investor Relations LeadMs. Winnie Ling (Age 37)Head of Legal & People Mr. Erik WrobelHead of ProductMs. Aesha ShahHead of DesignMr. Naveen AyyagariHead of EngineeringMore ExecutivesKey CompetitorsSimilarwebNYSE:SMWBEventbriteNYSE:EBCEVANASDAQ:CEVAYalla GroupNYSE:YALAHealthStreamNASDAQ:HSTMView All CompetitorsInsiders & InstitutionsClariVest Asset Management LLCBought 40,158 shares on 5/7/2024Ownership: 0.097%Susquehanna Fundamental Investments LLCBought 28,937 shares on 5/7/2024Ownership: 0.011%SG Americas Securities LLCBought 21,497 shares on 5/7/2024Ownership: 0.009%Sfmg LLCSold 54,600 shares on 5/7/2024Ownership: 0.005%Team Hewins LLCBought 26,722 shares on 5/4/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions BLND Stock Analysis - Frequently Asked Questions Should I buy or sell Blend Labs stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blend Labs in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BLND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLND, but not buy additional shares or sell existing shares. View BLND analyst ratings or view top-rated stocks. What is Blend Labs' stock price target for 2024? 5 Wall Street analysts have issued 12 month target prices for Blend Labs' shares. Their BLND share price targets range from $2.65 to $3.50. On average, they anticipate the company's stock price to reach $3.06 in the next year. This suggests a possible upside of 29.8% from the stock's current price. View analysts price targets for BLND or view top-rated stocks among Wall Street analysts. How have BLND shares performed in 2024? Blend Labs' stock was trading at $2.55 at the start of the year. Since then, BLND stock has decreased by 7.5% and is now trading at $2.36. View the best growth stocks for 2024 here. Are investors shorting Blend Labs? Blend Labs saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 6,750,000 shares, a decrease of 6.8% from the March 15th total of 7,240,000 shares. Based on an average daily trading volume, of 1,780,000 shares, the short-interest ratio is currently 3.8 days. Currently, 4.3% of the shares of the stock are short sold. View Blend Labs' Short Interest. How were Blend Labs' earnings last quarter? Blend Labs, Inc. (NYSE:BLND) released its earnings results on Friday, March, 15th. The company reported ($0.10) earnings per share for the quarter, hitting the consensus estimate of ($0.10). The business had revenue of $36.10 million for the quarter, compared to analysts' expectations of $37.52 million. Blend Labs had a negative net margin of 118.15% and a negative trailing twelve-month return on equity of 595.99%. What ETFs hold Blend Labs' stock? ETFs with the largest weight of Blend Labs (NYSE:BLND) stock in their portfolio include Playtech (PTEC). What guidance has Blend Labs issued on next quarter's earnings? Blend Labs updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $37.5 million-$41.5 million, compared to the consensus revenue estimate of $41.8 million. When did Blend Labs IPO? Blend Labs (BLND) raised $340 million in an IPO on Friday, July 16th 2021. The company issued 20,000,000 shares at a price of $16.00-$18.00 per share. Who are Blend Labs' major shareholders? Blend Labs' stock is owned by many different institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.12%), ClariVest Asset Management LLC (0.10%), Fifth Lane Capital LP (0.01%), Susquehanna Fundamental Investments LLC (0.01%), Team Hewins LLC (0.01%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include Amir Jafari, Crystal Sumner, Jonathan Y Chan, Nima Ghamsari and Timothy J Mayopoulos. View institutional ownership trends. How do I buy shares of Blend Labs? Shares of BLND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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