For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Blend Labs Inc (NYSE: BLND) closed at $3.24 in the last session, up 0.93% from day before closing price of $3.21. In other words, the price has increased by $0.93 from its previous closing price. On the day, 1.29 million shares were traded. BLND stock price reached its highest trading level at $3.25 during the session, while it also had its lowest trading level at $3.165.
Ratios:
We take a closer look at BLND’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 23 ’25 when Kneafsey Brian sold 20,000 shares for $3.17 per share. The transaction valued at 63,314 led to the insider holds 806,598 shares of the business.
Kneafsey Brian bought 20,000 shares of BLND for $63,315 on Jun 23 ’25. On Jun 16 ’25, another insider, Kneafsey Brian, who serves as the Head of Revenue of the company, sold 45,000 shares for $3.23 each. As a result, the insider received 145,269 and left with 826,598 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 837614528 and an Enterprise Value of 880375232. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.44. Its current Enterprise Value per Revenue stands at 5.337 whereas that against EBITDA is -32.138.
Stock Price History:
The Beta on a monthly basis for BLND is 1.28, which has changed by 0.3728814 over the last 52 weeks, in comparison to a change of 0.12463009 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 $2.08. The 50-Day Moving Average of the stock is -4.99%, while the 200-Day Moving Average is calculated to be -14.44%.
Shares Statistics:
According to the various share statistics, BLND traded on average about 2.63M shares per day over the past 3-months and 1856030 shares per day over the past 10 days. A total of 255.08M shares are outstanding, with a floating share count of 203.42M. Insiders hold about 21.31% of the company’s shares, while institutions hold 47.75% stake in the company. Shares short for BLND as of 1749772800 were 7898628 with a Short Ratio of 3.01, compared to 1747267200 on 7833637. Therefore, it implies a Short% of Shares Outstanding of 7898628 and a Short% of Float of 3.39.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of Blend Labs Inc (BLND) is currently drawing attention from 5.0 analysts actively involved in the ongoing evaluation and rating process.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
According to 7 analysts, the current quarter’s revenue is expected to be $31.93M. 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.
