In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Blend Labs Inc (NYSE: BLND) closed at $3.23 down -7.98% from its previous closing price of $3.51. In other words, the price has decreased by -$7.98 from its previous closing price. On the day, 1.88 million shares were traded.
Ratios:
For a deeper understanding of Blend Labs Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 13 ’25 when Ghamsari Nima sold 75,720 shares for $3.30 per share. The transaction valued at 250,073 led to the insider holds 6,065,937 shares of the business.
Ghamsari Nima sold 44,130 shares of BLND for $155,192 on Jun 12 ’25. The HEAD OF BLEND now owns 6,065,937 shares after completing the transaction at $3.52 per share. On Jun 13 ’25, another insider, Ghamsari Nima, who serves as the Officer of the company, bought 75,720 shares for $3.30 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.43.
Stock Price History:
Over the past 52 weeks, BLND has reached a high of $5.53, while it has fallen to a 52-week low of $2.08. The 50-Day Moving Average of the stock is -5.30%, while the 200-Day Moving Average is calculated to be -15.03%.
Shares Statistics:
A total of 255.08M shares are outstanding, with a floating share count of 203.63M. Insiders hold about 21.23% of the company’s shares, while institutions hold 47.75% stake in the company.
Earnings Estimates
The performance of Blend Labs Inc (BLND) in the stock market is under the watchful eye of 5.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.02, with high estimates of $0.02 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.07 and $0.03 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.13, with 5.0 analysts recommending between $0.16 and $0.08.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $31.93M this quarter.It ranges from a high estimate of $34.15M to a low estimate of $30.9M. As of the current estimate, Blend Labs Inc’s year-ago sales were $40.48MFor the next quarter, 7 analysts are estimating revenue of $36.71M. There is a high estimate of $38.17M for the next quarter, whereas the lowest estimate is $35.43M.
A total of 7 analysts have provided revenue estimates for BLND’s current fiscal year. The highest revenue estimate was $135.07M, while the lowest revenue estimate was $128.08M, resulting in an average revenue estimate of $132M. In the same quarter a year ago, actual revenue was $162.02MBased on 7 analysts’ estimates, the company’s revenue will be $169.72M in the next fiscal year. The high estimate is $177.97M and the low estimate is $150.3M.
