Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Blend Labs Inc (NYSE: BLND) closed the day trading at $2.73 down -23.53% from the previous closing price of $3.57. In other words, the price has decreased by -$23.53 from its previous closing price. On the day, 12.98 million shares were traded. BLND stock price reached its highest trading level at $3.26 during the session, while it also had its lowest trading level at $2.635.
Ratios:
For a better understanding of BLND, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 2.37.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 07 ’25 when Ling Winnie bought 4,000 shares for $3.62 per share.
Ling Winnie sold 4,000 shares of BLND for $14,360 on Jul 24 ’25. The HEAD OF LEGAL AND PEOPLE now owns 376,018 shares after completing the transaction at $3.59 per share. On Jul 24 ’25, another insider, Ling Winnie, who serves as the Officer of the company, bought 4,000 shares for $3.59 each.
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 707954496 and an Enterprise Value of 772274880. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.87. Its current Enterprise Value per Revenue stands at 4.603 whereas that against EBITDA is -42.185.
Stock Price History:
The Beta on a monthly basis for BLND is 1.24, which has changed by -0.25409836 over the last 52 weeks, in comparison to a change of 0.19554341 over the same period for the S&P500. Over the past 52 weeks, BLND has reached a high of $5.53, while it has fallen to a 52-week low of $2.59. The 50-Day Moving Average of the stock is -21.34%, while the 200-Day Moving Average is calculated to be -27.23%.
Shares Statistics:
Over the past 3-months, BLND traded about 2.06M shares per day on average, while over the past 10 days, BLND traded about 2898070 shares per day. A total of 256.42M shares are outstanding, with a floating share count of 203.54M. Insiders hold about 21.27% of the company’s shares, while institutions hold 47.77% stake in the company. Shares short for BLND as of 1752537600 were 8197854 with a Short Ratio of 3.99, compared to 1749772800 on 7898628. Therefore, it implies a Short% of Shares Outstanding of 8197854 and a Short% of Float of 3.5099998.
Earnings Estimates
At present, 5.0 analysts are actively evaluating the performance of Blend Labs Inc (BLND) in the stock market.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.05 and -$0.01 for the fiscal current year, implying an average EPS of $0.03. EPS for the following year is $0.11, with 4.0 analysts recommending between $0.14 and $0.08.
Revenue Estimates
7 analysts predict $33.31M in revenue for the current quarter. It ranges from a high estimate of $36.5M to a low estimate of $32.4M. As of the current estimate, Blend Labs Inc’s year-ago sales were $45.18MFor the next quarter, 7 analysts are estimating revenue of $34.5M. There is a high estimate of $38.4M for the next quarter, whereas the lowest estimate is $31.53M.
A total of 7 analysts have provided revenue estimates for BLND’s current fiscal year. The highest revenue estimate was $131.8M, while the lowest revenue estimate was $122.51M, resulting in an average revenue estimate of $126.02M. In the same quarter a year ago, actual revenue was $162.02MBased on 7 analysts’ estimates, the company’s revenue will be $159.84M in the next fiscal year. The high estimate is $174.7M and the low estimate is $150.3M.
