Blend Labs Inc (BLND) concluded trading on Wednesday at a closing price of $3.52, with 3.98 million shares of worth about $14.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.13% during that period and on April 03, 2025 the price saw a loss of about -1.95%. Currently the company’s common shares owned by public are about 254.43M shares, out of which, 204.96M shares are available for trading.
Stock saw a price change of -0.56% in past 5 days and over the past one month there was a price change of 18.92%. Year-to-date (YTD), BLND shares are showing a performance of -16.39% which increased to 14.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.08 but also hit the highest price of $5.53 during that period. The average intraday trading volume for Blend Labs Inc shares is 3.44 million. The stock is currently trading 1.00% above its 20-day simple moving average (SMA20), while that difference is down -3.07% for SMA50 and it goes to -4.32% lower than SMA200.
Blend Labs Inc (NYSE: BLND) currently have 254.43M outstanding shares and institutions hold larger chunk of about 50.98% of that.
The stock has a current market capitalization of $914.01M and its 3Y-monthly beta is at 1.30. It has posted earnings per share of -$0.24 in the same period. It has Quick Ratio of 3.44. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BLND, volatility over the week remained 7.17% while standing at 6.68% over the month.
Stock’s fiscal year EPS is expected to rise by 139.28% while it is estimated to increase by 131.85% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JMP Securities on December 18, 2024 offering a Mkt outperform rating for the stock and assigned a target price of $7 to it. Coverage by Canaccord Genuity stated Blend Labs Inc (BLND) stock as a Buy in their note to investors on August 12, 2024, suggesting a price target of $4.75 for the stock. On August 09, 2024, William Blair Upgrade their recommendations, while on December 20, 2023, Wells Fargo Upgrade their ratings for the stock with a price target of $3.50. Stock get a Mkt perform rating from Keefe Bruyette on November 14, 2022.
