Market Watch: Blend Labs Inc (BLND)’s Noteworthy Drop%, Closing at $2.8

Abby Carey

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

As of close of business last night, Blend Labs Inc’s stock clocked out at $2.8, down -3.45% from its previous closing price of $2.9. In other words, the price has decreased by -$3.45 from its previous closing price. On the day, 2.72 million shares were traded. BLND stock price reached its highest trading level at $2.92 during the session, while it also had its lowest trading level at $2.77.

Ratios:

To gain a deeper understanding of BLND’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.50.

Upgrades & Downgrades

In the most recent recommendation for this company, JMP Securities on December 18, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $7.

On August 12, 2024, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3 to $4.75.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 15 ’26 when Kneafsey Brian sold 25,000 shares for $3.06 per share. The transaction valued at 76,420 led to the insider holds 649,824 shares of the business.

Kneafsey Brian bought 100,000 shares of BLND for $305,680 on Jan 15 ’26. On Jan 07 ’26, another insider, Tkach Oxana, who serves as the PRINCIPAL ACCOUNTING OFFICER of the company, sold 2,500 shares for $3.09 each. As a result, the insider received 7,725 and left with 77,017 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLND now has a Market Capitalization of 727291328 and an Enterprise Value of 806446400. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.49. Its current Enterprise Value per Revenue stands at 4.814 whereas that against EBITDA is -44.952.

Stock Price History:

The Beta on a monthly basis for BLND is 1.24, which has changed by -0.26892948 over the last 52 weeks, in comparison to a change of 0.15024745 over the same period for the S&P500. Over the past 52 weeks, BLND has reached a high of $4.49, while it has fallen to a 52-week low of $2.50. The 50-Day Moving Average of the stock is -9.07%, while the 200-Day Moving Average is calculated to be -16.73%.

Shares Statistics:

It appears that BLND traded 3.23M shares on average per day over the past three months and 2855940 shares per day over the past ten days. A total of 256.47M shares are outstanding, with a floating share count of 191.18M. Insiders hold about 26.41% of the company’s shares, while institutions hold 50.16% stake in the company. Shares short for BLND as of 1767139200 were 13090990 with a Short Ratio of 4.06, compared to 1764288000 on 13875655. Therefore, it implies a Short% of Shares Outstanding of 13090990 and a Short% of Float of 5.58.

Earnings Estimates

The company has 4.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.02, with high estimates of $0.02 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.07 and $0.01 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.1, with 4.0 analysts recommending between $0.12 and $0.08.

Revenue Estimates

In. The current quarter, 7 analysts expect revenue to total $31.78M. It ranges from a high estimate of $32.2M to a low estimate of $31.3M. The current estimate, Blend Labs Inc’s year-ago sales were $41.41MFor the next quarter, 7 analysts are estimating revenue of $31.48M. There is a high estimate of $34.32M for the next quarter, whereas the lowest estimate is $28.9M.

A total of 7 analysts have provided revenue estimates for BLND’s current fiscal year. The highest revenue estimate was $123.3M, while the lowest revenue estimate was $122.5M, resulting in an average revenue estimate of $122.93M. In the same quarter a year ago, actual revenue was $162.02MBased on 7 analysts’ estimates, the company’s revenue will be $147.29M in the next fiscal year. The high estimate is $156.15M and the low estimate is $141.2M.

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