Blend Labs, Inc. (BLND)
NYSE: BLND · Real-Time Price · USD
3.560
+0.040 (1.14%)
At close: May 12, 2025, 4:00 PM
3.630
+0.070 (1.96%)
After-hours: May 12, 2025, 6:46 PM EDT

Blend Labs Statistics

Total Valuation

Blend Labs has a market cap or net worth of $920.34 million. The enterprise value is $812.80 million.

Market Cap 920.34M
Enterprise Value 812.80M

Important Dates

The last earnings date was Thursday, May 8, 2025, after market close.

Earnings Date May 8, 2025
Ex-Dividend Date n/a

Share Statistics

Blend Labs has 258.52 million shares outstanding. The number of shares has increased by 3.36% in one year.

Current Share Class 254.78M
Shares Outstanding 258.52M
Shares Change (YoY) +3.36%
Shares Change (QoQ) +0.82%
Owned by Insiders (%) 5.61%
Owned by Institutions (%) 57.41%
Float 220.90M

Valuation Ratios

PE Ratio n/a
Forward PE 49.17
PS Ratio 5.46
Forward PS 4.43
PB Ratio 7.10
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio 81.61
PEG Ratio 2.43
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 4.93
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.41, with a Debt / Equity ratio of 0.02.

Current Ratio 2.41
Quick Ratio 2.04
Debt / Equity 0.02
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -17.52

Financial Efficiency

Return on equity (ROE) is -41.63% and return on invested capital (ROIC) is -12.31%.

Return on Equity (ROE) -41.63%
Return on Assets (ROA) -9.25%
Return on Invested Capital (ROIC) -12.31%
Return on Capital Employed (ROCE) -22.18%
Revenue Per Employee $305,461
Profits Per Employee -$98,222
Employee Count 540
Asset Turnover 0.85
Inventory Turnover n/a

Taxes

In the past 12 months, Blend Labs has paid $97,000 in taxes.

Income Tax 97,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +23.61% in the last 52 weeks. The beta is 1.30, so Blend Labs's price volatility has been higher than the market average.

Beta (5Y) 1.30
52-Week Price Change +23.61%
50-Day Moving Average 3.33
200-Day Moving Average 3.77
Relative Strength Index (RSI) 62.80
Average Volume (20 Days) 2,469,991

Short Selling Information

The latest short interest is 9.32 million, so 3.61% of the outstanding shares have been sold short.

Short Interest 9.32M
Short Previous Month 10.72M
Short % of Shares Out 3.61%
Short % of Float 4.22%
Short Ratio (days to cover) 2.85

Income Statement

In the last 12 months, Blend Labs had revenue of $164.95 million and -$53.04 million in losses. Loss per share was -$0.21.

Revenue 164.95M
Gross Profit 93.46M
Operating Income -28.87M
Pretax Income -112.09M
Net Income -53.04M
EBITDA -27.39M
EBIT -28.87M
Loss Per Share -$0.21
Full Income Statement

Balance Sheet

The company has $104.82 million in cash and $2.45 million in debt, giving a net cash position of $102.37 million or $0.40 per share.

Cash & Cash Equivalents 104.82M
Total Debt 2.45M
Net Cash 102.37M
Net Cash Per Share $0.40
Equity (Book Value) 128.98M
Book Value Per Share -0.07
Working Capital 81.85M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $11.21 million and capital expenditures -$12.47 million, giving a free cash flow of -$1.25 million.

Operating Cash Flow 11.21M
Capital Expenditures -12.47M
Free Cash Flow -1.25M
FCF Per Share -$0.00
Full Cash Flow Statement

Margins

Gross margin is 56.66%, with operating and profit margins of -17.50% and -19.34%.

Gross Margin 56.66%
Operating Margin -17.50%
Pretax Margin -17.72%
Profit Margin -19.34%
EBITDA Margin -16.61%
EBIT Margin -17.50%
FCF Margin n/a

Dividends & Yields

Blend Labs does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -3.36%
Shareholder Yield -3.36%
Earnings Yield -5.80%
FCF Yield -0.14%

Analyst Forecast

The average price target for Blend Labs is $4.84, which is 35.96% higher than the current price. The consensus rating is "Buy".

Price Target $4.84
Price Target Difference 35.96%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Blend Labs has an Altman Z-Score of -0.51 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.51
Piotroski F-Score 3