4.40
-0.03 (-0.68%)
| Previous Close | 4.43 |
| Open | 4.32 |
| Volume | 5,655,290 |
| Avg. Volume (3M) | 2,427,728 |
| Market Cap | 1,126,092,032 |
| Price / Earnings (Forward) | 113.64 |
| Price / Sales | 6.11 |
| Price / Book | 2.00 |
| 52 Weeks Range | |
| Earnings Date | 6 Nov 2024 |
| Profit Margin | -46.46% |
| Operating Margin (TTM) | -15.83% |
| Diluted EPS (TTM) | -0.340 |
| Quarterly Revenue Growth (YOY) | 11.30% |
| Total Debt/Equity (MRQ) | 3.80% |
| Current Ratio (MRQ) | 3.24 |
| Operating Cash Flow (TTM) | -29.15 M |
| Levered Free Cash Flow (TTM) | 24.13 M |
| Return on Assets (TTM) | -15.28% |
| Return on Equity (TTM) | -77.06% |
Market Trend
| Short Term | Medium Term | ||
| Industry | Software - Application (US) | Bullish | Bullish |
| Software - Application (Global) | Bullish | Bullish | |
| Stock | Blend Labs, Inc. | Bullish | Bullish |
AIStockmoo Score
| Analyst Consensus | 1.5 |
| Insider Activity | -3.5 |
| Price Volatility | -4.5 |
| Technical Moving Averages | 2.5 |
| Technical Oscillators | -0.5 |
| Average | -0.90 |
|
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are; Blend Platform segment which comprises a suite of products that power the entire origination process from back-end workflows to consumer experience, and the Title segment enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of the revenue for the company is generated from the Blend Platform segment. |
|
| Sector | Technology |
| Industry | Software - Application |
| Investment Style | Small Value |
| % Held by Insiders | 4.09% |
| % Held by Institutions | 63.96% |
Ownership
| Name | Date | Shares Held |
|---|---|---|
| General Atlantic, L.P. | 30 Sep 2024 | 19,132,440 |
| Formation8 Gp, Llc | 31 Mar 2024 | 16,220,511 |
| Greylock 15 Gp Llc | 30 Sep 2024 | 10,034,191 |
| Metavasi Capital Lp | 30 Sep 2024 | 4,513,478 |
| Emergence Gp Partners, Llc | 30 Sep 2024 | 4,244,379 |
| Goodnow Investment Group, Llc | 30 Sep 2024 | 2,479,458 |
| 52 Weeks Range | ||
| Price Target Range | ||
| High | 7.00 (JMP Securities, 59.09%) | Buy |
| Median | 4.88 (10.91%) | |
| Low | 3.85 (Keefe, Bruyette & Woods, -12.50%) | Hold |
| Average | 5.17 (17.50%) | |
| Total | 4 Buy, 2 Hold | |
| Avg. Price @ Call | 4.41 | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Canaccord Genuity | 20 Dec 2024 | 5.75 (30.68%) | Buy | 4.40 |
| 07 Nov 2024 | 5.75 (30.68%) | Buy | 4.44 | |
| JMP Securities | 18 Dec 2024 | 7.00 (59.09%) | Buy | 4.70 |
| Wells Fargo | 05 Dec 2024 | 6.50 (47.73%) | Buy | 5.13 |
| 07 Nov 2024 | 4.50 (2.27%) | Buy | 4.44 | |
| Goldman Sachs | 07 Nov 2024 | 3.90 (-11.36%) | Buy | 4.44 |
| Keefe, Bruyette & Woods | 07 Nov 2024 | 3.85 (-12.50%) | Hold | 4.44 |
| UBS | 23 Oct 2024 | 4.00 (-9.09%) | Hold | 3.32 |
| Name | Avg. Buy ($) | Avg. Sell ($) | Net Quantity | Net Value ($) |
|---|---|---|---|---|
| KNEAFSEY BRIAN | - | 4.50 | -30,000 | -135,000 |
| LING WINNIE | - | 4.30 | -5,000 | -21,500 |
| TKACH OXANA | - | 4.41 | -4,247 | -18,729 |
| Aggregate Net Quantity | -39,247 | |||
| Aggregate Net Value ($) | -175,229 | |||
| Aggregate Avg. Buy ($) | - | |||
| Aggregate Avg. Sell ($) | 4.40 | |||
| Name | Holder | Date | Type | Quantity | Price | Value ($) |
|---|---|---|---|---|---|---|
| LING WINNIE | Officer | 30 Dec 2024 | Automatic sell (-) | 5,000 | 4.30 | 21,500 |
| KNEAFSEY BRIAN | Officer | 24 Dec 2024 | Automatic sell (-) | 30,000 | 4.50 | 135,000 |
| TKACH OXANA | Officer | 23 Dec 2024 | Automatic sell (-) | 4,247 | 4.41 | 18,729 |
| Date | Type | Details |
|---|---|---|
| 12 Dec 2024 | Announcement | PHH Mortgage Partners with Blend to Revolutionize Home Lending Operations |
| 09 Dec 2024 | Announcement | Srini Venkatramani Joins Blend As Head of Product, Technology, and Customer Operations |
| 26 Nov 2024 | Announcement | Blend Labs to Participate in Wells Fargo TMT Summit |
| 08 Nov 2024 | Announcement | Blend To Participate In The 2024 KBW Fintech Conference |
| 06 Nov 2024 | Announcement | Blend Announces Third Quarter 2024 Financial Results |
| 05 Nov 2024 | Announcement | Blend and Covered Insurance Announce New Strategic Partnership to Streamline Home Insurance Shopping |
| 01 Nov 2024 | Announcement | Blend’s Erik Wrobel Receives 2024 HousingWire Tech Trendsetter Award |
| 30 Oct 2024 | Announcement | Blend to Announce Third Quarter 2024 Financial Results on November 6, 2024 |
| 21 Oct 2024 | Announcement | SouthState Bank Transforms Mortgage Operations with Blend Close |
| 14 Oct 2024 | Announcement | PenFed Credit Union Selects Blend to Transform Home Lending Operations |
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2025 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |