| Market Cap | 324.32M | P/E | - | EPS this Y | 73.20% | Ern Qtrly Grth | - |
| Income | -120.75M | Forward P/E | -4.75 | EPS next Y | 127.30% | 50D Avg Chg | 23.00% |
| Sales | 152.12M | PEG | - | EPS past 5Y | - | 200D Avg Chg | -1.00% |
| Dividend | N/A | Price/Book | 4.54 | EPS next 5Y | - | 52W High Chg | -65.00% |
| Recommedations | 2.20 | Quick Ratio | 3.21 | Shares Outstanding | 249.50M | 52W Low Chg | 151.00% |
| Insider Own | 4.16% | ROA | -19.03% | Shares Float | 189.38M | Beta | 1.16 |
| Inst Own | 62.89% | ROE | -101.26% | Shares Shorted/Prior | 13.93M/14.55M | Price | 1.33 |
| Gross Margin | 53.65% | Profit Margin | -73.70% | Avg. Volume | 1,655,862 | Target Price | 3.58 |
| Oper. Margin | -32.44% | Earnings Date | Aug 8 | Volume | 1,036,674 | Change | -2.21% |
Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.
| Keefe, Bruyette & Woods | Market Perform | Aug 12, 24 |
| Canaccord Genuity | Buy | Aug 12, 24 |
| Goldman Sachs | Buy | Aug 9, 24 |
| William Blair | Outperform | Aug 9, 24 |
| Keefe, Bruyette & Woods | Market Perform | May 10, 24 |
| Canaccord Genuity | Hold | May 8, 24 |
| Canaccord Genuity | Hold | Mar 19, 24 |
| Canaccord Genuity | Hold | Mar 18, 24 |
| Keefe, Bruyette & Woods | Market Perform | Mar 18, 24 |
| Insider Trades | Relationship | Date | Transactions | Cost($) | #Shares | Value($) | #Share Own | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Jafari Amir | Head of Finance and.. Head of Finance and Admin. | Jan 12 | Buy | 2.4251 | 7,002 | 16,981 | 75,559 | 01/17/24 |
| Ghamsari Nima | Head of Blend Head of Blend | Dec 22 | Sell | 2.35 | 111,608 | 262,279 | 12/26/23 | |
| Jafari Amir | Head of Finance and.. Head of Finance and Admin. | Nov 13 | Buy | 1.2173 | 12,610 | 15,350 | 41,103 | 11/13/23 |
| Ghamsari Nima | Head of Blend Head of Blend | Sep 29 | Sell | 1.37 | 111,940 | 153,358 | 10/03/23 | |
| Ghamsari Nima | Head of Blend Head of Blend | Apr 28 | Sell | 0.61 | 230,770 | 140,770 | 05/02/23 | |
| Ghamsari Nima | Head of Blend Head of Blend | Dec 08 | Sell | 1.2 | 1,912,738 | 2,295,286 | 12/12/22 | |
| Sumner Crystal | Head of Legal, Compl.. Head of Legal, Compliance,Risk | Dec 05 | Option | 0.87 | 6,409 | 5,576 | 560,204 | 12/07/22 |
| Sumner Crystal | Head of Legal, Compl.. Head of Legal, Compliance,Risk | Dec 05 | Sell | 1.21 | 25,828 | 31,252 | 534,376 | 12/07/22 |
| Sumner Crystal | Head of Legal, Compl.. Head of Legal, Compliance,Risk | Nov 28 | Option | 0.87 | 25,840 | 22,481 | 566,715 | 11/30/22 |
| Sumner Crystal | Head of Legal, Compl.. Head of Legal, Compliance,Risk | Nov 28 | Sell | 1.28 | 54,177 | 69,347 | 553,795 | 11/30/22 |
| Sumner Crystal | Head of Legal, Compl.. Head of Legal, Compliance,Risk | Aug 22 | Sell | 2.9085 | 20,266 | 58,944 | 634,483 | 08/24/22 |
| Mayopoulos Timothy J | President President | Aug 22 | Sell | 2.9079 | 26,228 | 76,268 | 634,843 | 08/24/22 |
| Chan Jonathan Y. | Principal Accounting.. Principal Accounting Officer | May 20 | Sell | 3.2531 | 2,666 | 8,673 | 66,263 | 05/24/22 |
| Chan Jonathan Y. | Principal Accounting.. Principal Accounting Officer | Mar 22 | Sell | 6.8397 | 2,083 | 14,247 | 68,929 | 03/24/22 |
| Chan Jonathan Y. | Principal Accounting.. Principal Accounting Officer | Jan 10 | Sell | 7.0023 | 2,083 | 14,586 | 49,124 | 01/12/22 |